As e-commerce volumes surge, contract-logistics companies face increasing complexity. How can they capture more value in a $700 billion opportunity? That was in the words of Andrew Sobko. More of the consumers are now shopping through clicking. E-commerce sales recently have flown by 360% between the year 2014 and the year 2020, 6 to 8 times the rate in growth.The global trends have been only accelerated by this pandemic. Just within 1 year, e-commerce had a hike from 13 to 17 % of the total retail and this shift is most likely permanent.

The COVID-19 retail recovery survey  reveals the fact that online penetration is expected to stay six to 13 percentage points above pre-COVID-19 levels.This offers a huge chance for the contract logistics organizations. This means a strategic pivot towards e-commerce logistics will probably unlock advanced growth opportunities This collectively accounts for the fifth of the total value in revenue of the omnichannel logistics’ today. The rest is handled by the inhouse logistics of the big brands, the e-commerce giants as well as tech start-ups  Andrew Sobko, CEO of CDL1000, believes that success in the logistics industry can be achieved with the implementation of technology and A.I.Technology, thus logistics companies can quickly become billion-dollar giants. Nevertheless, the recipe for sustained growth remains elusive. Growth Trumps all.

According to Sobko, 3 pieces of evidence attest to the paramount standing of development. The first, development yields greater returns. High-developing companies offer a re-visitation of shareholders multiple times greater than medium-developing companies. Second, development predicts long-haul success. "Supergrowers" companies whose development was greater than 60 percent when they came to $100 million in revenue were multiple times bound to reach $1 billion in revenue than those growing under 20 percent. Moreover, development matters more than margin or cost structure. Expansions in revenue development rates drive twice as much market-capitalization acquisition as margin upgrades for companies with under $4 billion in revenue. Further, we noticed no connection between cost construction and development rates.

About Andrew Sobko:

Andrew Sobko is a well-respected, entrepreneurial business leader who has built a reputation on innovation, integrity, sustainability, environmentalism, and philanthropy. Andrew’s portfolio of professional endeavors touches multiple industries with notable successes in artificial intelligence (AI), finance, logistics, and recyclable materials. His passion for technology and driven by a philosophy of consistently delivering a superior level of value to customers, Andrew continues to explore cutting-edge business ventures that are aimed at shocking the world and making it a better place.

Among the more notable positions held by Andrew is his role as CEO of CDL1000, a supply chain logistics company powered by groundbreaking, AI-driven transportation solutions. In this role, Andrew led the creation and implementation of pioneering solutions for the daily challenges surrounding the road, drayage-intermodal, and warehousing operations. Andrew innovated a 3PL smart logistics platform with AI-driven solutions that unite industry components and customers toward maximizing logistic opportunities.