- Logistics industry sees growth in investments during COVID-19 pandemic
- Insider analyzes 13 recent deals to identify key trends
- Some developments are a continuation of pre-pandemic trends, while others look to address current challenges
Summary by Dirk Langeveld
Companies specializing in logistics have seen increased investor interest amid a variety of trends driven by the COVID-19 pandemic. Businesses have not only been shifting more toward e-commerce and delivery models, but also looking to develop solutions to persistent supply chain challenges.
To analyze trends in the logistics industry, the business site Insider looked at 13 recent deals that netted millions of dollars in investments. These trends include:
- An acceleration of a pre-pandemic growth in e-commerce
- Numerous opportunities for startups and existing businesses to find solutions for streamlining deliveries, tracking shipments, minimizing supply disruptions, and more
- Goals that include faster order fulfillment, alternate shipping options for retailers, and tools to simplify processes involved in shipping orders
- Growth in trucking startups as companies seek to make deliveries more adaptable to changing situations
