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.”
Top Logistics Tech Startups in Europe:
Avantida, an E2Open company, is a global online platform that facilitates services offered by ocean lines to transport and logistic companies for digitally optimized container transport planning. The company’s reuse and repositioning applications provide actionable information that can minimize miles driven, increase container velocity, lower costs for carriers and transport companies, enable exporters to ship more efficiently, and reduce CO2 emissions as well as congestion at depots, ports and surrounding communities. Services include reuse (empty container triangulation), change of the assigned drop-off and pick-up location and empty container repositioning
Check The Out: www.avantida.com
Exandia provides software development services to clients worldwide, leveraging a dedicated team of proven and highly specialized professionals to provide world-class client solutions. The company also provides tailor-made software solutions to improve the efficiency of operations and simplify processes. All custom-made solutions are implemented with a deep understanding of the industry and keeping in mind the customers’ needs & expectations. Software development is done in close co-operation with its customers and its dedicated software engineers for every industry distinctively. Further, Exandia implements and supports specialized technology-oriented solutions by combining the processes and functions of the software, hardware, networks, telecommunications and electronics
Check The Out: exandia.com
GoRamp, a SaaS-based transportation management system, is built specifically for manufacturing companies to help them manage and optimize their end-to-end transportation processes and exchange information in real-time. With the help of GoRamp, manufacturing companies, especially SMEs, can optimize their supply chain processes by avoiding manual analysis of individual excel sheets and exchange information in real-time between all the individuals involved in the logistics chain. This not only gives them better transparency during various supply chain processes but also saves time and administrative costs. Customers can ensure consistent purchasing of transport services, gain operational information on order status, warehouse loading and unloading management, document management, and virtual communication between shippers and transport partners
Check The Out: main.goramp.eu
Marine Digital, a technology startup based in Latvia, delivers process automation solutions for terminals and warehouses, starting from cloud-bases electronic queue of trucks for 49 Euros per month to customized yard management systems (YMS), terminal operating systems (TMS), and cloud integrations. The company facilitates seamless collaboration between the various participants in the supply chain by offering robust integration through an API capable of exchanging data with accounting and CRM systems. It also provides services for tracking cargo and filling out custom declarations. Thus, Marine Digital optimizes work with its simple and inexpensive, yet effective solutions for automating complex logistics processes, gradually increasing the functionality of solving individual local customer problems
Check The Out: marine-digital.com
3GTMS develops software that streamlines complex transportation management for brokers, shippers, and third-party logistics. Third-party logistics are adding brokerage, shippers are adding fleets, and brokers are adding managed transportation services. As the industry adapts this modern model of hybridisation, the company’s uniquely designed transport management services is ready to support the specific needs with real-time supply chain visibility, lightning-fast integrations, better data sharing, and more. From route planning and optimisation via rate management, freight audit, integration, operations execution and payment, 3GTMS accelerates the competitive advantage
Alpega Group is a global logistics software firm, offering end-to-end solutions that cover every transport needs, comprising Transport Management Services (TMS) and Freight Exchanges. Alpega TMS is a cloud-based software solution, connecting manufacturers to an extensive network of logistics providers to digitise complicated supply chain processes. The system brings together the expertise of transwide and inet, offering optimisation and end-to-end visibility over transportation flows and seamlessly connecting logistics providers with shippers. Alpega Group aims to create one of the pioneering global software logistics groups in the world and to deliver the best solution to its customers
Poort8 is a Dutch tech organisation using a combination of knowledge, tooling, and data to improve the logistics within the Netherlands and beyond. The company aims to ignite a responsible ecosystem for predictable logistics. Poort8 provides logistics based data-driven analytics for companies, understanding a client’s current situation, and designing their desired circumstances. Poort8 offers its logistics consultancy service to help businesses define their mission and vision. The company firmly believes that data is the path into the future, and so provides the ecosystem, tooling, and consultancy as three significant services to drive businesses
Sennder is a European shipping logistics startup and a leading digital road freight forwarder, linking large commercial shippers with small freight carriers. By leveraging the company’s proprietary technology, it is taking logistics in a new direction, bringing a new degree of flexibility and transparency to the industry. Taking such a unique approach, Sennder saves money for its shippers and increase earnings for the company’s carriers. With precise tracking and individual reports of all operational processes, Sennder ensures maximum transparency throughout the entire logistics value chain
Synfioo delivers an innovative software platform for transportation monitoring in real-time. The company is a logistics service provider offering improved efficiency with transport control towers, routes, and processes optimisation. Synfioo optimises asset utilisation and helps in avoiding buffer times. Relevant setbacks on the initial transport plan such as security controls, congestions, strikes, adverse weather conditions, among others, are directly reported upon occurrence. Hence, transport planners can leverage its Process-ETA calculation and real-time multimodal transportation monitoring service data in their familiar working environment to react immediately and secure a smooth supply chain
UWINLOC provides the world’s first indoor tracking system that is entirely battery-less at 30-centimetre precision, designed for the industrial sector. The company offers transportation and logistics benefits by continuous asset monitoring, mitigated costs from reduced delays and quicker deliveries, boosts productivity to improve the supply chain, automatically scheduled maintenance recommendations, and optimised space management. UWINLOC is a logistics service provider, delivering continual inventory and flow monitoring, a stocking zone, and providing time optimisation. The UWINLOC system optimises supply chain flow and, saves hours of manual inventories.