The Logistics Sector Is Digitalizing With Technology Startups

logistics sector is digitizing with technology startups
logistics sector is digitizing with technology startups

The logistics industry is one of the industries where the digital revolution is most intense. Logistics is digitizing and transforming faster than expected. The global logistics industry, which ran for 2025 trillion dollars in 8, is being shaped by logistics technology startups.

US logistics technology companies Coyote, Convoy, Project44, Next Trucking, CloudTrucks, Flexport, Fourkites, Uber Freight, Chinese Manbang, Indian Delhivery, Blackbuck and Rivigo stand out as digital platforms that have crossed the Brazilian CargoX unicorn threshold and continue to grow rapidly. For example, the Chinese Manbang has surpassed the valuation of $ 2019 billion with a new investment of $ 1.9 billion in the last quarter of 12. In Europe, the fast-growing German-based logistics technology company Sennder attracts attention, which surprisingly incorporated Uber Freight Europe and French Everoad in 2019.

5 countries including Turkey and operating in the rapidly growing Turkish logistics technology startups and rivals in Europe Tırport Sennd, ontruck, Forton, Shippeo together and ınstafreight market continues to grow. Logistics technology startups, including Tirport, appear to be the new address of the new normal in logistics.

Tirport has become one of the few logistics technologies in Europe

Turkey's largest logistics become Tırport digital platform with the enhanced intelligence that attracted the attention of the world with supported digital solutions describing Tırport Chairman Dr. Akın Arslan said the following:

“Tirport has become one of the few logistics technologies in Europe with its digital assets and the volume of business it has reached. Thanks to its technologies, Tırport empowers logistics companies to manage their operations end-to-end with dashboards from all digital platforms (iOS / Android / iPAD / Web), while on the other hand, it provides the load owners and reliable truckers in real-time and location-based "Tırport LoadCEP". brings together in the application. Indeed, as always, those who adapt and spread new technologies in the fastest way possible and develop their workforce to adapt to this technology have a competitive advantage in the sector. We can say that Covid-19 has enabled faster transformations such as up-to-date innovation in logistics, end-to-end operations management, real-time and location-based shipping reporting, and carried the digitalization efforts in the industry a few years forward ”

In 5 years, logistics technologies will attract 100 billion dollars of direct investment

Underlining that the startups, which are the source of innovation in the information age, are under intense scrutiny, Tirport President Dr. Akın Arslan noted the following:

“When we look at the developments in 2019-2020, it is observed that many classical logistics and cargo companies such as DHL, JHRobinson, Maersk, UPS, FedEx have made huge investments of billions of dollars in logistics technologies. Many of them have established venture capital companies for this purpose. In fact, leading global retailers such as WalMart, Ikea and energy giants such as Shell, BP, Saudi Aramco stand out as "startup hunters" in this league. These companies continue to invest in technology companies that will create value for the future of their conventional business and carry their business to the future with the venture capital VC funds they have established. Logistics companies will witness major transformations in the next 5 years. In 5 years, logistics technologies alone are expected to attract over $ 100 billion in direct investment. Logistics technologies will show itself in 7 areas in the world. These will be mobility, visibility and digital fleet management, embedded logistics technologies, robotics, warehouse automation, supply chain and smart delivery technologies, as well as data analytics and autonomous driving technologies, ”he said.

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