Madrid-based Cabify, an international multi-mobility platform, opens a new chapter in its diversification of mobility solutions aimed at the storage and transfer of objects, with the launch of the new Cabify Logistics brand. The company expects to invest more than $20 million to develop this new business line and aims to close 2022 growing five times more than last year
Cabify Logistics: How it works?
Cabify Logistics is the new business division created to respond to the logistics challenges of companies. It offers a safe, efficient, and sustainable quality service, and takes advantage of the potential of technology. It provides a B2B2C service, offering the storage and subsequent delivery of parcels to the recipients who have purchased the products.
Cabify Logistics will continue to work on strengthening the technology that supports the operation to remain a leader in routing, real-time tracking, and warehouse management. The customization of Cabify Logistics’ service is based on the constant development and adaptation of its technology according to the needs of its customers and on offering a user-friendly experience. In that sense, the company is looking to add new integrations with e-commerce and logistics platforms to offer a more agile way to customers who wish to start using the service.
Vicente Pascual, Vice President of Cabify Logistics said, “Being a service offered by Cabify has allowed us to gain the trust of thousands of companies that already know us for our ride-hailing service, which has been an important trigger for our growth. Cabify is a consolidated brand in the multi-mobility market with more than 10 years of presence in Europe and Latin America. That strength has allowed us to exceed 500,000 deliveries within eight months of launching the service in 2020, 5 times faster than the time it took us in our beginnings to make the first 500,000 trips.”
Strategic plan and its challenges
The main focus of Cabify Logistics will continue to be the urban last-mile logistic service in Spain, Colombia, Argentina, Peru, and Chile for companies in sectors such as e-commerce, retail, and pharma, to mention some.
In Latin America, the strategy will focus on offering immediate deliveries to supermarkets and retailers. Over there, the company has started offering last-mile logistics services for restaurants that already have their own delivery order channel or use online ordering systems such as Chile’s Mercat.
The company plans to continue advancing the cross-dock service in the Spanish market in its warehouses. This service consists of receiving a high volume of packages from one or several customers in the central warehouse to separate the goods by delivery city and routes. In addition, Cabify Logistics will continue to progress in the parcel service with solutions based on its own warehouses and key agreements that allow improvements in the capillarity of the service throughout the territory.
Cabify Logistics will continue to work on strengthening the technology that supports the operation to remain a leader in routing, real-time tracking, and warehouse management. The customisation of Cabify Logistics’ service is based on the constant development and adaptation of its technology according to the needs of its customers and on offering a user-friendly experience. In that sense, the company is looking to add new integrations with e-commerce and logistics platforms to offer a more agile way to customers who wish to start using the service.
In terms of fleet, the company will continue to offer motorbike and car services in Latin America, where it is already the leader. As a novelty, it plans to introduce one tonne or more cargo vehicles soon and to continue increasing the electric and zero-emission fleet by including bicycles and electric scooters. In the case of Spain, 100% of Cabify Logistics’ own fleet are electric vans dedicated exclusively to parcel service.
