Technological innovation is changing the logistics game. In recent years, the logistics industry has seen massive advancements in the areas of augmented and artificial intelligence, automation, and advanced analytics, among others. These cutting-edge technologies offer new solutions to combat existing challenges like last-mile delivery, transportation optimisation, and warehouse automation. Realising the vital role of technology in improving productivity and customer satisfaction levels, a majority of organisations today are seeking logistics tech providers that can help them get a competitive edge over their contemporaries. This escalating demand for tech-based solutions for optimising and enhancing logistics operations is resulting in the mushrooming of innovative and independent startups that offer the solutions for a multitude of industry-specific needs.
The new entrants in the logistics industry are incorporating state-of-the-art business models with the combination of effective logistics services and tech-based platforms. For instance, logistics startups are providing solutions such as a robust logistics IT platform to substantially reduce the logistics cost for the clients and increase the degree of transparency and reliability in the industry. Also, by offering cutting-edge order to settlement transportation management software (TMS) for shippers, brokers, and 3PLs, the logistics tech startups are simplifying the process of sophisticated transportation management. Several startups are providing heavy-duty freight to reduce delivery time and a large number of carbon-emitting trucks on the road. On the other hand, these startups are equipping truck companies with AI-based integrated platforms to help them in automating end-to-end trucking operations, which increases productivity and reduces cost.
Owing to the ease of accessibility delivered by the tech-based logistics solutions, shipping organisations are increasingly outsourcing logistics operations to technology providers. At this juncture, there is a wide variety of logistics tech startups entering the industry with a set of advanced and integrated offerings. To help companies navigate through the best-of-breed logistics tech solutions providers, Logistics Tech Outlook has compiled a list of the Top 10 Logistics Tech Startups in Europe. The enlisted companies are transforming the logistics operations and processes at the convergence of several disruptive technologies. Besides, the magazine also comprises insights from thought leaders in the sector on the industry trends, best practices, recent innovations, and their advice for the aspiring CIOs.
We present to you Logistics Tech Outlook’s “Top 10 Logistics Tech Startups in Europe – 2020.”