Logistics can spell the difference between success and failure in business. While some industries are already reaping the benefits of the “new digital future”, others struggle to find their way. The logistics and transportation industry is clearly one of the latter examples. It wasn’t until recently that the big industry players have started making changes to their business models regarding freight transparency, online booking or automation of processes. This lack of initiative has created a perfect playground for young and dynamic companies who try to disrupt this industry. And by now, there are so many new players already out there that they cannot be neglected anymore. Although many of these startups are still relatively small in terms of revenues, they have got the attention of the big incumbents as potential competitors and acquisition targets.
Leveraging their digital expertise, fulfilment experience, and high levels of customer service, the global e-commerce behemoths – Amazon, Alibaba, and others – are moving into logistics in a big way, competing with incumbent providers while significantly raising the bar in customer expectations. In addition, a host of specialised startup businesses have emerged to target critical aspects of transparency and automation in the logistics value chain, from initial quote and booking, through real-time track and trace to end fulfilment. Especially in Europe and Asia, these startups are enabling greater efficiency and more collaborative operating models. Logistics Tech Outlook has compiled a list of Top 10 Logistics Tech Startups in Europe to guide organisations in the logistics sector in harnessing the power of technology to tackle today’s challenges. We hope this issue of the Logistics Tech Outlook helps you build the partnership you and your firm needs to foster a technologically-driven business environment.
We present to you, “Top 10 Logistics Tech Startups in Europe – 2021.”