David Leica drives the evolution of logistics in the UAE

  • Date: 09-Mar-2022
  • Source: Khaleej Times
  • Sector:Financial Markets
  • Country:UAE
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David Leica drives the evolution of logistics in the UAE

By Deborah Blum Published: Wed 9 Mar 2022, 10:02 AM Last updated: Wed 9 Mar 2022, 10:04 AM

The logistics business in Dubai and across the UAE is undergoing a significant transformation.

David Leica, CEO of Logistic One Ltd, is collaborating with a team of talented Dubai based engineers to create cutting-edge technology solutions for the logistics business.

David’s decision to double down on cutting-edge technology is timely as other industries adjacent to the logistics business are doing the same. Electric automobiles are rapidly replacing gasoline-powered vehicles, and self-driving cars are becoming more commercially prevalent by the day. Further, as drone delivery technology continues to improve, this will continue to revolutionise the logistics business/

End users and individuals are the primary beneficiaries of these futuristic technologies. However, commercial logistics services continue to face challenges such as limited capability and capacity utilisation among service providers as well as challenges with managing inventory visibility across various providers. These costly liabilities make this industry ripe for disruption.

Logistic One Ltd was founded in 2005 and its fleet soon mushroomed to over 500 trucks, with plans to double over the next six years by adding 500 electric vehicles to the fleet. Automobile parts account for roughly 95 per cent