Business Insider Intelligence
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The transportation and logistics industries are on the cusp of a massive transformation. After doing business largely the same way for decades, leaps in areas like artificial intelligence (AI) and automation are enabling companies to cut costs and open up new streams of revenue.
Startups are at the center of this transformation, as they are pushing incumbents in both industries to innovate and to ensure their core businesses don't erode. These startups have zeroed in on areas of need within their industry and are aggressively iterating and developing new technologies to meet those needs. Monitoring these startups' development thus offers unique insight into the development of the transportation and logistics industries at large, and how incumbents are adjusting to their new environment.
See the rest of the story at Business Insider
See Also:
- The top 5 startups paving the way for transportation and logistics within digital freight services, warehouse robotics, AI, last-mile delivery robotics, and self-driving cars
- UPS and SAP are working on blockchain solutions
- Prime Day Prep 2019: Two key ways retailers can steal customers from Amazon on its annual e-commerce holiday — and why they should start planning now
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