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New Logistics firm Logistify AI plans to change industry

The Public Lens by The Public Lens
June 17, 2020
in Business
New Logistics firm Logistify AI plans to change industry
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By our Reporter

As the logistics industry like many other traditional and global industries experiences rapid changes thanks to the Covid 19 pandemic, a new firm is taking its place as part of the future in the logistics industry.

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Starting Out

Logistify AI was cofounded mid last year as an intermediary between ware house owners, clients looking for warehousing space, stores and customers in need of distribution points and support services.  It is however fast becoming a one stop centre for all the above and more in the logistics industry.

With single fee payments, ability to book customers space for a short time as short as 2 days and being available 24/7 to attend to clients needs, the new firm is turning out to be a game changer in the industry.

Founded by brothers Tobias Tukei a logistics professional with 7 years experience and Daniel Emaasit a PhD data scientist, the company started operations in July last year and so far has on boarded a number of leading  clients both on the demand and supply side for ware houses in town.

On the demand side they already have clients that include Son Fish Uganda part of the Great Lakes Harvest Group from Mauritius, Aqua Fish from Egypt  and a number of individuals dealing in essential consumable products including sanitizers, food, soap and masks to mention but a few.

On the supply side ware house owners like Equator Catering Services, Rafiki Property Services, Creston Business park and BAT warehouses Jinja are some of the customers already on board.

Growth and projections

Already handling over 50 major business leads, Emaasit the firm’s co founder and CEO believes many of these will be closed with in the next one year giving the business a chance to break even.

The growth trajectory of the company has been steady since its inception with month on month figures showing a 33% growth in bookings, a 167% growth in listings month on month and a 120% growth in users month on month.

Over 20,000 dollars (about 75 million) has already been invested in the business by the two brothers as they look to expand to Kenya, Rwanda, Tanzania and the rest of Africa.

Ultimately Emaasit and Tukei are looking at creating an Amazon like behemoth that is a one stop centre for all logistics needs across Africa.

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