Plus, Find Out How LiteLink Technologies Inc. (CSE:LLT) (OTC:LLNKF) – Could Revolutionize a $12 Trillion Industry Going Forward…
Do you know what market is expected to exceed $12 trillion in value within three years? That amount, by the way, is over 60% of the entire US economy!
Well, the answer is the logistics market and it is the secret driver of the global economy. After all, without timely delivery of orders and convenient access to goods the entire economic system falls apart. Every physical asset you own requires logistics!
Amazon shipping costs hit 28 billion in spend during 2018!
If you had invested into The Descartes Systems Group in their IPO at $3.00, you would have made a whopping 3000% on your return! It’s currently valued at $4.5B and they solve a big big tracking problem in the logistics industry.
But unfortunately for investors, that ship has sailed to make triple-digit returns, but there is a tiny under-the-radar company, LiteLink Technologies Inc. (CSE:LLT) (OTC:LLNKF) that has an even more innovative and better solution everyone is looking for.
LiteLink Technologies Inc. (CSE:LLT) (OTC:LLNKF), which was recently featured in Forbes and as one of the 30 fastest growing tech companies in 2019, has created 1SHIFT Logistics, an enterprise solution platform offering real-time transparency and tracking that enables brokers, shippers, and carriers to create, track shipments and settle payments in real-time. The traditional world of logistics would buy 3 or more platforms to support this, not anymore with 1SHIFT.
On top of that, LiteLink (CSE:LLT) (OTC:LLNKF) just launched a new product called PerfectRoute which lets logistics companies plan the best routes and optimize the capacity of their fleet.
Powered by 1SHIFT Logistics, this software can save dispatchers untold sums of money and time, whileproviding LiteLink access to the multi-billion dollar route optimization market.
In 2016, the global route optimization software market was valued at about $2.9 Billion, and is currently estimated to reach $9.4 Billion by 2023, growing at a CAGR of 18.6%. LiteLink Technologies Inc. (CSE:LLT) (OTC:LLNKF) can capture this market with its state-of-the-art software platforms.
These solutions have the potential to truly disrupt how the logistics world works … and could turn LiteLink Technologies Inc. (CSE:LLT) (OTC:LLNKF) into the “Uber of freight.”
Here’s why: with this breakthrough system, any logistics company, no matter how small or how large, can easily replace their paper-based and outdated legacy systems with the latest tech advancements.
This should allow LiteLink Technologies Inc. (CSE:LLT) (OTC:LLNKF) to get work done faster, easier and more efficiently than ever before!
That greater efficiency should push the market forward even faster and increase profits both for companies within the market (the delivery providers) and outside it (the sellers).
Two Major Contracts Just Signed
LiteLink Technologies Inc. (CSE:LLT) (OTC:LLNKF) has begun to see its stock price take off. The stock is up 140% since August 30, 2019.
The company just signed on its first major U.S. client, Bay Water Transportation, a fully licensed and insured international logistics service provider. This company is just one of the many that have begun to realize LiteLink’s potential.
LiteLink Technologies Inc. (CSE:LLT) (OTC:LLNKF) has also signed a customer trial and definitive user agreement with one of Canada’s largest nurseries, Brookdale Treeland Nurseries. This agreement marks a major milestone and a major step forward for 1SHIFT operating in the tree and nursery industry across North America. The nursery industry yields over $50 billion dollars in revenue alone.
Signing on two companies of this size is a testament to just how important this software is to the advancement of the logistics industry.
Momentum is clearly building behind the company now, as evidenced by the recent meteoric rise of its stock price after these recent signings, but according to the table below, their valuation is still far behind the major players in the industry.
The Logistics Industry is Suffering from Three Major Pain Points that 1SHIFT Solves
The logistics world is antiquated and hurting from 3 major pain points:
- Pain Point #1 – Lack of Real-time Data Visibility & Integrity
- Pain Point #2 – Payments to Carriers are Slow, Complicated and Often in Physical Cheques
- Pain Point #3 – Lack of Data Driven Planning & Forecasting Tools
Now, just before we look at how 1SHIFT actually fixes the logistic industry’s problems, it’s important to remember that UBER also started as a little-known company, delivered innovative value, then went on to its IPO and phenomenal growth.
Here’s how Litelink’s going to fix this broken industry:
1SHIFT has a transparent pay per load mode with an industry leading focus on growing with Customers. In contrast, 1SHIFT’s competitors’ pricing either isn’t transparent or predictable, like Uber Freight’s spot freighting model where you’re basically gambling on the spot price you’ll get stuck with.
And even the biggest players in the industry don’t come close to competing with the frequency of shipping status updates and the price per load in LiteLink’s (CSE:LLT) (OTC:LLNKF) 1SHIFT platform.
- Segra International Pilots 1SHIFT Logistics Software for Cannabis Tracking and Sensors
- uBUCK Technologies Signs Definitive Commercial Agreement with Datable Technology Corp.
- LiteLink Signs Trial And Customer Agreement with Large Canadian Nursery Leader, Strengthening Its Position in the Live Product Logistics Industry
PerfectRoute for Better Route Planning and Fleet Optimization
Through 1SHIFT Logistics, PerfectRoute can save dispatchers tons of time by cutting out unnecessary tools like spreadsheets and outdated apps. They also won’t have to plan and organize dispatches themselves, as PerfectRoute provides them with the best possible delivery and transportation routes.
The software auto-imports info about shipments, pick-up, and drop-offs and integrates with existing navigation applications. Dispatchers can track and trace shipments in real time, issues can be resolved as soon as they arise, and customers can be notified on progress. It even makes sure that all trucks are being used to their full potential, with zero capacity wasted. This is the best way for a logistics company to ensure profitability.
At prices starting at $40 a month and with a 14-day free trial, there is nothing on the market that can compete with PerfectRoute at that price point. The feature rich solution saves time, money, effort, and converts wasted potential to optimal results.
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1SHIFT’s proprietary mobile wallet enables instant and hassle-free payment
That means 1SHIFT makes it possible (and easy) to fix the logistics industry’s old-school pain of delayed payments.
As LiteLink’s CEO, Ashik Karim explains:
“Many truckers are still being paid with paper cheques, which means payments can be delayed by weeks. By integrating uBUCK into LiteLink’s 1SHIFT platform, we are able to offer truckers their own digital wallet right at their fingertips, which will allow for instant payments.”
NOBODY ELSE in the industry has a payment platform like this!
With the logistics industry so ripe for disruption, it’s no surprise that LiteLink Technologies Inc.’s (CSE:LLT) (OTC:LLNKF) 1SHIFT is joined by competitors offering various new tech fixes of their own for the sector’s old-school problems.
But what sets LiteLink’s (CSE:LLT) (OTC:LLNKF) 1SHIFT apart in an unmistakable way from such competitors is that 1SHIFT addresses ALL of the industry’s major pain points in ONE enterprises solution built on the latest and best technologies available!
LiteLink’s Management Has the Essential Mix of Expertise in Tech, Business Building & Logistics
LiteLink Technologies Inc. (CSE:LLT) (OTC:LLNKF) had the foresight to realize its 1SHIFT platform not only needed tech and business growth leaders at the helm, but also a depth of experience in the world of logistics and freight. You couldn’t ask for better mix of management veterans at the forefront:
Ashik Karim, CEO: Mr. Karim draws on 20+ years of experience in global technology leadership in the telecom and high-tech sectors, including taking several software platforms through full commercial use with major clients such as TELUS, Wind Mobile, and MDA.
Jason Lawrence, Chief Technology Officer (Interim): A true specialist, Mr. Lawrence has over 20 years of experience in the delivery space including the last 7 years dedicated to building high-performing delivery organizations for several organizations.
Kent Churn, COO: Previously the Managing Partner at Accenture, Mr.Churn was responsible for the Program Delivery for large technology programs at industry giants TELUS and Bell.
TARGETING A HUGE GLOBAL INDUSTRY RIPE FOR CHANGE:
The global logistics market is expected to exceed $12 trillion within 3 years. If LiteLink’s (CSE:LLT) (OTC:LLNKF) 1SHIFT and PerfectRoute captured even a small percentage of market share, that would mean phenomenal success in a sector that’s actively investing in newcomers.
SIGNED FIRST TO CONTRACTS:
AN INDUSTRY WITH THREE MAJOR UNSOLVED PAIN POINTS:
The antiquated logistics industry is unnecessarily suffering from a lack of data visibility and integrity; a lack of planning and forecasting tools; and slow and complicated payments to carriers. Fortunately for LiteLink (CSE:LLT) (OTC:LLNKF), their 1SHIFT platform is the answer.
AHEAD OF THE CURVE IN THE RACE TO BE THE NEXT UBER OF FREIGHT:
1SHIFT makes logistics easier and more efficient through transparent pricing of $1 per load, new-school tech solutions, and the ability for users to make payments or get paid quickly and easily with the integration of the uBUCK Pay technology.
LED BY EXPERTS IN TECH, BUSINESS BUILDING & LOGISTICS:
LiteLink Technologies Inc. (CSE:LLT) (OTC:LLNKF) is led by CEO Ashik Karim, CTO Jason Lawrence, and Executive Delivery Kent Churn, who together represent decades of expertise in company growth and the development and delivery of tech and logistics solutions.