Technology Startups Dominate the Logistics Industry

The global logistics industry, which has reached a size of 8 trillion dollars in 2025, is rapidly digitalizing 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 runs to 8 trillion dollars in 2025, 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, Brazilian CargoX unicorn stand out as digital platforms that have crossed the threshold and continue to grow rapidly. For example, China’s Manbang received a new investment of $1.9 billion in the last quarter of 2019, surpassing its $12 billion valuation. In Europe, Sennder, a rapidly growing German-based logistics technology company that surprisingly incorporated Uber Freight Europe and French Everoad in 2019, draws attention.

Tırport, a rapidly growing Turkish logistics technology startup operating in 5 countries including Turkey, and its European rivals Sennder, OnTruck, Forto, Shippeo and InstaFreight continue to expand the market. Logistics technology startups including Tirport in the world seem to be candidates to be the new address of the new normal in logistics.

Tirport has become one of the few logistics technologies in Europe

Explaining that Tırport, which has become Turkey’s largest logistics digital platform, has attracted the attention of the world with its digital solutions supported by increased intelligence, TTT Global Group Chairman of the Board Dr. Akin Arslan said:

“Tırport has become one of the few logistics technologies in Europe with its digital assets and the volume of business it has reached. With its technologies, Tırport gives logistics companies the power to manage their operations end-to-end from all digital platforms (iOS/Android/iPAD/Web) with dashboards, while on the other hand, cargo owners and reliable truckers are in “Tırport FreightCEP” in real-time and location-based. brings together in the application. As a matter of fact, as always, those who adapt and expand new technologies in the fastest way and develop their workforce in a way that adapts to this technology have a competitive advantage in the sector. We can say that Covid-19 enabled transformations such as current innovation in the field of logistics, end-to-end operation management, real-time and location-based transportation reporting, etc., and carried the digitalization efforts in the industry forward a few years.

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

Underlining that startups, which are the source of innovation in the information age, are under intense scrutiny, TTT Global President Dr. Akin Arslan said:

“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 invested 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 and Ikea and energy giants such as Shell, BP and 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 businesses and carry their business into 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, only logistics technologies are expected to attract more than 100 billion dollars of 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 automations, supply chain and smart delivery technologies, data analytics and autonomous driving technologies.