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Pricing strategies in logistics have been less mature than in other sectors. Fragmentation and a historically low degree of digitization have been challenges in developing more complex approaches. However, recent investments in data infrastructure have now opened a window for more comprehensive pricing transformation.
A new report looks at the impact of new money in an old industry—and what it means for incumbents, startups, and investors. The transport and logistics sector has seen marked improvements in recent decades. As new technologies have entered the market, efficiency has increased and prices have decreased. Yet the industry continues to face significant challenges, including a high number of breakpoints, complex pricing rules, and a lack of data standardization.
The transport and logistics sector has seen marked improvements in recent decades. As new technologies have entered the market, efficiency has increased and prices have decreased. Yet the industry continues to face significant challenges, including a high number of breakpoints, complex pricing rules, and a lack of data standardization. While low profitability has made it difficult for the industry to address these issues, a new generation of logistics startups aims to solve them.
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