The logistics industry is finally facing the opportunities of digitization. Paper-intensive processes, inflexibility and the absence of real-time transactions are problems that startups are willing to solve.
From digital forwarders being the OTAs of logistics, over online marketplaces that fill up empty trucks, ships and airplanes with freight, to digital freight rate management: digital business models in logistics are increasingly attracting the interest of investors.
The infographic highlights the increase in number and early stage funding of startups.
Note: The decrease in number of startups in 2016 could possibly be explained by the fact that startups require some maturity and attention to be registered in databases.