Issue #3, Chicago Business Bulletin, Logistics Tech in Chicago | World Business Chicago

PRESS RELEASE

07.05.2022

Issue #3, Chicago Business Bulletin, Logistics Tech in Chicago

Issue #3, Chicago Business Bulletin, Logistics Tech in Chicago
report cover, plane and building in background with blue and text foreground
Read Full Report

CHICAGOApril 19, 2022 /PRNewswire/ — World Business Chicago, the city’s public-private economic development agency, today published its latest research report digging into Chicago’s logistics tech sector.

 

The city’s economic agency now publishes original research-based content monthly. This latest report digs into Chicago’s legacy infrastructure, current record-breaking levels of VC investment, plus strong network of universities, colleges, research incubators, have Chicago well positioned for significant growth in the logistics tech vertical.

Chicago stands at the U.S. crossroads of transportation, distribution and logistics. Chicago located companies benefit from central location advantage, diverse talent pipeline and ever-evolving and growing logistics tech and innovation. On the heels of today’s report, Chicago was recognized as a top business hub by Business Facilities magazine (March/April 2022). Chicago is a city of movement, transporting people, goods, and new technology across the nation and around the world.

In conclusion, the April, 2022 edition of The WBC Research Center, Chicago Business Bulletin reports:

  • Growth in value and size of Chicago logistics tech firms attracts more venture capital, private equity for growth and corporate VC
  • Chicago is a market of choice for corporate relocations and expansions offering a unique blend of a maturing VC ecosystem, a legacy TD&L industry and a diverse talent pool
  • Innovation labs in Chicago are taking advantage of the opportunity to develop underrepresented vertical segments, supporting early-stage firms, and capturing more and diverse tech talent.

Read the full press release here on PR Newswire

This image requires alt text, but the alt text is currently blank. Either add alt text or mark the image as decorative.

Related News

NEWS

PRESS RELEASE

02.21.2024

Chicago Mayor Brandon Johnson Announces Eric Sedler as New Board Member & Interim Executive at WorldBusiness Chicago

CHICAGO – [February 21, 2024] — Chicago Mayor Brandon Johnson and World Business Chicago announce the appointment of Eric Sedler to the board of directors of World Business Chicago (WBC).

View article

NEWS

PRESS RELEASE

07.05.2023

Four Greater Chicagoland Economic Partnership Counties Recognized Today Among "America's Best Counties"

Chicago, IL – July 5, 2023 – World Business Chicago is proud to announce that four counties within the Greater Chicagoland Economic Partnership have been recognized as “America’

View article

NEWS

PRESS RELEASE

02.06.2023

Mayor Lightfoot & World Business Chicago Announce the return of the Chicago Venture Summit Future-of-Food

After its inaugural success with two sold-out summits in 2022, the Chicago Venture Summit series returns in 2023 with Future-of-Food this May 3-4 CHICAGO –  Mayor Lori E. Lightfoot joined…

View article

NEWS

PRESS RELEASE

02.06.2023

THE CHICAGO FOOD STOP CELEBRATES CHICAGO PIZZA ON NATIONAL PIZZA DAY, THURSDAY, FEBRUARY 9

Andrew Hayes Chicago Food Stop c/o World Business Chicago 312-823-4333 (mobile) ahayes@worldbusinesschicago.com FOR IMMEDIATE RELEASE Janie Goldberg-Dicks Margie Korshak Inc. 847-922-9494 jdicks@korsh

View article
Translate »