Top 10 Logistics Tech Startups - 2020
Magnus Technologies: A Single - Source System For All Logistics Needs

Top 10 Logistics Tech Startups - 2020

By and large, COVID-19 pandemic has caused direct or indirect changes in every industry, and the logistics industry is no different. The unprecedented impact of COVID-19 and the subsequent need for social distancing have accelerated the pace of digitalization in the logistics sector, which has, hitherto, been considered a slow adopter of modern technology.

At present, AI is playing a crucial role in shaping the functional dynamics of the logistics industry. The integration of AI with conventional operational processes is leading to greater supply chain transparency. Similarly, the introduction of automated processes through AI and machine learning is boosting the speed of warehousing activities and offering greater control over warehousing management systems. These changes brought about by the emergence of AI will eventually to improve business perspective and enhance consumer engagement. Additionally, IoT is also gaining momentum in the logistics sector. IoT can provide businesses with a credible tracking interface enabling them to monitor the movement of their goods from the warehouse to the final destination. On that front, advances in asset tracking technologies coupled with IoT-enabled solutions are set to revamp the functional paradigms of the logistics industry completely.

Another critical technological trend is the increasing adoption of Radio Frequency Identification (RFID) technology. On-location data can be shared by RFID tags through a secure cloud connection, enabling the tracking of freight in a real-time milieu. Besides, augmenting inventory accuracy levels and enhancing inventory tracking mechanisms in warehouses can be accomplished through the deployment of RFID technology, offering substantial cost optimization of the process.

It is now time for players across the logistics ecosystem to make the most of this paradigm shift and collaborate effectively to use latest digital tools and technology for reducing inefficiencies and optimizing delivery at every level of the logistics supply chain. To help the logistics businesses strengthen their operational capabilities and simultaneously enable growth in the industry, Logistics Tech Outlook has compiled a list of the top logistics tech providers. The list comprises prominent startups in the industry that address issues pertinent to the logistics sector by implementing current trends. Besides, the magazine also includes insights from thought leaders in the sector on the industry trends, best practices, recent innovations, and their advice for aspiring CIOs.

We present to you Logistics Tech Outlook’s, “Top 10 Logistics Tech Startups – 2020.”

Top Logistics Tech Startups

Emerge has created a Digital Freight Marketplace that serves as a procurement platform for domestic trucking for connecting shippers and carriers. Emerge offers its freight logistics platform that allows shippers to find reliable truck capacity at optimized shipping rates. It reduces the shipper operating costs by facilitating contract optimization while simultaneously improving service, right from the quote to delivery. The free platform allows the carrier and the shipper to communicate with each other, sign contracts, and to do it with high visibility. Emerge provides its Digital Freight Marketplace—a suite of tools including Dynamic RFP, Spot Management, and a Light TMS, to present the best rate from a massive network of vetted carriers alongside rates from a shipper’s incumbent network

www.emergemarket.com

Janus Logistics Technologies leverages digital supply chain management by providing solutions and services for each step of the process, including inventory and warehousing, stocking locations, transportation, final mile and courier, planning and forecasting, and more. It uses proprietary RFID technology to reconcile inventory and execute transactions. To make this process of security and tracking easier, Janus has launched a mobile app, Cypher, that lets people search for inventory in their area, open doors, do various warehouse functions, order deliveries, and track deliveries that are in transit. All of this is done in real-time with 100 percent accuracy

jltech.com

As a trucking logistics management technology company, Magnus Technologies offers its Magnus Carrier TMS, which is a web-based, carrier and broker-focused logistics management platform. It’s a single-source system that recognizes the different requirements of each party involved in the order lifecycle and creates optimal value for them. Magnus Technologies’ solution goes beyond a truck dispatching system to assimilate, automate, and simplify the creation, fulfillment, and settlement of transportation orders. The company simplifies transportation and brings all of the steps to streamline the entire business process for the greatest efficiency and profitability while ensuring customer service remains high

magnustech.com

SmartShyp provides eCommerce businesses with the easiest shipping and order fulfillment solution all through our web-based platform. SmartShyp offers the best rates on USPS postage while also enabling our users full support for UPS, DHL and more! We offer up to 70% lower than retail no matter what your shipping volume is and integrate with leading online marketplaces such as eBay, Shopify, WooCommerce, Amazon, Etsy, Volusion and many others, to allow automated order downloads, tracking, and order management. Smartshyp helps you quickly create shipping labels, bulk packing slips, and headache-free international labels all using our simple web-based software. It offers full support over phone, chat and email to help you grow your business and make eCommerce shipping easy and smart

www.smartshyp.com

Ware2Go empowers merchants with a nationwide fulfillment network designed to help them easily position products closer to end customers for a fast and reliable order-to-delivery experience. Ware2Go’s solution for success in the new B2E era is a cloud-based platform that includes a Warehouse Management System (WMS), Order Management System (OMS), and Transportation Management System (TMS) that bridges the gap between digital sales channels and supply chain and fulfillment processes. Their platform, FulfillmentVu, integrates with any sales channel and is supported by a distributed warehouse network that enables merchants of any size to offer 1 to 2-day delivery to all of their customers

ware2go.co

EverWoke

EverWoke

The company offers a fully customizable logistics automation platform with transportation management, freight visibility, workflow automation, and communication features. As a logistics automation company, EverWoke provides a highly flexible and customizable way to run businesses. The company offers an advanced and automated management system for various teams and stakeholders in a logistics transaction. This allows them to manage their business in EverWoke and achieve the highest productivity with the lowest maintenance. The EverWoke Order Management system allows loads and orders to quickly be booked, found, and analyzed in a user-friendly way. Being a cloud-based platform, EverWoke provides the elasticity as well as the scalability to scale up and down depending on the customer requirements and business size

FreightVerify

FreightVerify

A cloud-based freight logistics technology company that addresses challenges for large and complex enterprises through industry-defining intelligence. One of the Top 10 Logistics Tech Startups, FreightVerify offers a shipper-centric platform that provides predictive, real-time transportation visibility at every step of the supply chain. The robust supply chain platform acquires data from dozens of sources in the transportation ecosystem to present shippers with real-time freight information in a single interface. Besides allowing shippers to track multiple carriers on the same pane, the platform also allows users to uniquely track shipments through part numbers, VINs, and order numbers

Shipalytics

Shipalytics

Shipalytics' Software improves transparency in logistics by taking the carrier data to form the shippers and presenting it to them in a visualized manner. This approach helps the shippers to identify discrepancies in the invoices and take corrective actions

Slync.io

Slync.io

Slync.io is revolutionizing multi-party supply chain interaction, automation, and collaboration. A next-generation, multi-enterprise supply chain experience that goes beyond visibility, turning information into action. Connecting and supercharging supply chain systems, data, people and processes to discover, assess, and resolve logistics related supply chain issues in near real-time, with greater predictability. Learn More

Wise Systems

Wise Systems

Wise Systems is an Autonomous Dispatching and Routing solution that empowers operations teams and drivers to improve fleet efficiency and customer service, seamlessly adapting to the everyday challenges they encounter. Automatically schedule routes, monitor routes in progress, and watch the system intelligently adjust to day-of delays