Container shipping transports 95% of all manufactured goods around the world. It is the industry that underpins the global economy – the quantity of goods carried by containers has risen from around 102 million metric tons in 1980 to about 1.83 billion metric tons in 2017, which is now worth over $4 trillion of products.
This article is part of the “Logistics of the Future” series looking at the best logistics startups today.
Cargo trucks have been a common sight on roads around the globe for decades. But while logistics technology has advanced drastically over the years, the trucking sector remained largely untouched until very recently. Due to its dependence on manual drivers and operations, the industry has struggled to overcome major inefficiencies: Excessive paperwork, long waits at distribution centers, running empty trucks, to name a few.