With digitalization and the significant growth of technology deployments across industries changing the procurement, distribution, and delivery processes of commodities, the logistics landscape today, has become a powerhouse of technological innovations. Realizing the vital role of technology in enhancing productivity and customer satisfaction levels, a majority of organizations today are seeking for logistics tech providers that can help them get a competitive edge over their contemporaries. This increase in the demand for tech-based solutions for optimizing 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 newer business models with the combination of tech-based platforms and effective logistics services. Owing to the ease of accessibility offered by the tech-based logistics solutions, shipping companies are increasingly outsourcing logistics operations to technology providers. Driven by these trends, a distinguished panel comprising CEOs, CIOs, VCs, analysts, and Logistics & Transportation Review’s editorial board has reviewed some of the most promising logistics tech startups. In our selection process, we looked at each of the vendor’s capability to fulfill the need for cost-effective and flexible services in the logistics landscape. The shortlisted companies are at the forefront of tackling the challenges associated with logistics by catering to the needs of the enterprise buyers to analyze data, optimize supply chains, and enhance business outcomes.
We present to you Logistics & Transportation Review’s “15 Most Promising Logistics Tech Startups – 2019.”