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Packsmith aims to create a unique logistics network

Today, I would like to talk about American logistics startups.


The company is called Packsmith.

We are a newly formed company that raised our first round of funding in March 2023.


Smith is generally a name, but Smith often refers to a craftsman.

Therefore, it might be better to translate it as "packaging master."


Packsmith's goal: a logistics network


What makes this company unique is its logistics network.


Please see the figure below.



On the left is a traditional 3PL logistics network, and on the right is the logistics network that Packsmith is aiming for.


What the diagram on the right represents is the innovative idea of using the homes of quick delivery drivers such as Uber as stock points from which to make deliveries.


Remember Deliverr, the company Shopify acquired for $2.1 billion in 2021 (and then sold to Flexport)?


We are aiming for a network that is much finer than that mesh.


The company still has fewer than 50 employees, but it's a startup that will be exciting to watch to see how it develops and pivots.



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