The investors kept their cash untouched during the past year due to the uncertainty of the economic situation, they’re reentering the arena now and turning their eyes on the freight. The most innovative companies in the space have attracted growing venture capitalists’ attention the past few years due, in part, to the industry’s rapidly accelerating focus on technology and high-tech solutions to ubiquitous issues.
This investors’ interest in the freight space will help the industry to move forward with the high-tech solutions that are already being developed. Only a few years back some goals seemed unachievable for many logistic companies, now they’re completely attainable due to the increased interest from tech-savvy investors and their fundings.
Right now, investors are showing significant interest in things like developing 5G networks for roadways and improving in-cab solutions for truck drivers. Ultimately, venture capital could provide the logistics industry with the tools it needs to catch up to other essential industries like health care when it comes to high-tech solutions and continued technological evolution.
Maybe it’s time to look up for the new horizons?