Drone delivery service provider Flytrex aims to slash last mile delivery emissions with its fully-electric drone delivery service.
As consumers increasingly turn to e-commerce for all their shopping needs, speedy fulfillment isn’t just a “nice to have” — it’s the expectation of every online shopping experience. And if logistics companies and their retail partners want a shot at thwarting the ever-looming threat of Amazon Prime, it needs to be a priority.
Global logistics spending is expected to reach $10.6 trillion in 2020, with transportation accounting for the majority at 70 percent. Emerging technologies such as cloud computing, big data, and crowdsourcing, coupled with an influx of tech-savvy start-ups, are unbundling the value chain and transforming delivery models. Those are among the conclusions in Frost & Sullivan’s recent analysis, “Urban Logistics Opportunities—Last-Mile Innovation.”
In a report regarding how to survive the retail apocalypse, CB Insights noted more grocers are investing in last mile logistics to provide the best grocery home delivery services. For some grocers such as Aldi and Target, that means acquiring personalized grocery delivery startups like Instacart and Shipt.