Sports retailer Decathlon cuts road freight admin
ZEUS LABS, which is disrupting the freight industry with its next-generation digital solutions, has teamed up with Decathlon to help handle its UK freight. The partnership means that Zeus now handles nearly half of all the retailer’s restocking in the UK. Decathlon has 70 sites across the UK.
The partnership comes after Zeus has undergone phenomenal growth since its founding in 2019 by young entrepreneurs Jai Kanwar and Clemente Theotokis. The firm now serves more than 40 enterprise-level clients handling over 660,000 tonnes of cargo annually, worth circa £6 billion.
Zeus has also experienced a 100% conversion rate from manufacturers who trialled its platform in 2021, which offers a near ‘zero-touch’ approach to managing road freight, with end-to-end tracking, reconciliation and system integrations.
The platform reduces road freight administration for both shippers and hauliers, while helping small-medium fleets grow quickly with fast payment terms.
It also features a loyalty program that includes 50% discounts on premium truck tyres – which amounts to a potential saving of more than several thousand pounds a year to small fleets.
Zeus, which aims to reduce the industry average of 30% of trucks running empty to 5% by 2025, achieved a 326% growth in total volume in 2021, and is on track to deliver a 400% growth in revenues by the end of 2022.
Zeus Labs Co-Founder Jai Kanwar said: “The addition of major brands like Decathlon is a testament to the great benefits we are bringing to the logistics sector. Our easy-to-use platform is not only helping companies streamline their supply chain but also help move the industry towards better sustainability by reducing the number of empty HGVs on UK roads.”
For more information, visit www.zeuslabs.com
