Logistics is a €6 trillion global turnover sector. In Europe alone, logistics turns over €1.1 trillion per year (Transport Intelligence).
According to Eurostat, 11.5 million are employed by the sector, and a recent TradeLink press release noted: “close to 1 billion truck deliveries cross Europe every year. The industry is also highly fragmented. The top 10 logistics companies only account for 11% of the overall market. Germany alone is home to 14,800 forwarding companies.”
Technology and global markets have transformed the consumer and corporate requirements of logistics, but technology is also transforming logistics itself. As a huge complex industry, and innovation growth area, startups are addressing distinct segments of logistics. From cargo bikes and parcel lockers to smart pallets and supply chain management, this is the European logistics startups landscape.
For more on logistics and industrial tech, explore our recent report created in partnership with Speedinvest's dedicated Industrial Tech team: app.dealroom.co/reports