The inaugural ELEVATE 2016 conference held in Miami last week featured DEMOvation, a panel of innovative startup companies that demonstrated their logistics products or services in front of an audience of aviation professionals, venture capital firms and other stakeholders in the air cargo sector.
The audience posed questions to the DEMOvation panel, and ultimately voted on which companies presented the best demo – which ended up a close vote between Frankfurt-based CargoSteps, which provides real-time track and trace software that allows different companies of every size in logistics to connect, and Miami-based Cargo42, which earned the most votes in the final seconds of voting.
We caught up with Cargo42’s cofounder Francine Gervazio to ask a few more questions about the innovation and freight.
“Logistics is still driven in a very traditional way and innovation is the key to making it more efficient – technology can make processes easier and faster, distances shorter and decisions much smarter, Francine explained. Her company has developed an app-based marketplace for trucking companies committed to reducing idle time and capacity. The app “helps trucking companies and drivers to work more effectively, and shippers to spend less time and money while hiring their last-mile delivery.”
Francine also told ACW that, “The total hauling industry in the US is worth around $700 billion. While many other industries far smaller have faced revolutionary disruptions the hauling industry has been able to maintain its traditional way of working.”