Real Time Shipment Tracking Business

Real Time Shipment Tracking Business Success Stories [2024]

Pat Walls

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Updated: October 9th, 2024

In a world where logistics can make or break a business, real-time shipment tracking offers a game-changing solution. This business idea revolves around providing companies with the ability to monitor their shipments in real time, ensuring transparency and enhancing customer trust.

By leveraging GPS technology and IoT devices, this service allows businesses to track the exact location of their goods, estimate delivery times accurately, and promptly address any issues that arise during transit. It’s a straightforward concept but one that requires a robust tech backbone and effective client communication.

For entrepreneurs willing to invest in state-of-the-art tracking systems and dedicate themselves to building strong partnerships with logistics companies, the real-time shipment tracking business holds significant promise. The demand for such services is poised to grow as ecommerce continues to expand, making this a smart choice for those looking to enter a technologically driven market.

In this list, you'll find real-world real-time shipment tracking business success stories and very profitable examples of starting a real-time shipment tracking business that makes money.

1. Marine Digital ($6K/year)

Ivan, the founder of Marine Digital, came up with the idea to create a modern digital service in the marine industry after seeing how outdated and inefficient the industry was during his work in banking, IT, and logistics. With the support of APX VC Fund and a pivot in his business, Ivan and his team developed a fuel optimization system that has garnered interest from clients and generated €60K in revenue from pilot projects. Now, they are launching the production of their digital twin in the EU, with plans for worldwide mass-market scaling in the future.

How much money it makes: $6K/year
How much did it cost to start: $1M
How many people on the team: 12

I Built A Technology For Marines With 2,300+ Active Contacts [From Germany]

Marine Digital is a deep-tech company that aims to make modern instruments of decarbonization available for the mass market and has made massive progress in performance digital twin cost reduction (10 times lower than the average market cost), providing opportunities for non-giant marine companies to use it, with 3 pilots earning about €60k.

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