UAE Business: UAE Smart Logistics Challenge held to aid startups – Gulf Digital News

UAE Business: UAE Smart Logistics Challenge held to aid startups – Gulf Digital News

At a time the GCC logistics industry is evolving rapidly and is expected to grow by 4.3% between 2020 and 2025, the third edition of the Smart Logistics Challenge series was held at Expo 2020 Dubai.

In support of UAE-based startups in the logistics industry, the series was hosted by UPS together with the Dubai Chamber of Commerce and DP World.

“UPS started with two bicycles and a $100 loan. That entrepreneurial spirit is still alive in UPS today. As a company, we are passionate about small businesses and being a strategic and trusted partner for them. The smart logistics challenge is a great example of this, as it brings together the best logistics technology startups in the country, giving them the opportunity to potentially pilot their solutions with UPS, DP World or Siemens,” said Jean-Francois Condamine, UPS President for Indian Subcontinent, Middle East, Africa.

Game-changing solutions

Seven UAE-based startups presented their game-changing solutions in response to industry challenges, including real-time visibility, reliability and predictability, last-mile efficiency, compliance, and others.

Solutions ranged across the logistics value chain and incorporated artificial intelligence, augmented and virtual reality, warehousing, forwarding, and last-mile delivery.

AR Engineering was declared the winner of the challenge and will be fast-tracked to a proof-of-concept