The UK-based logtech start-up is ontrack to achieve its targeted 400 per cent growth and welcomes Decathlon, the major sports retailer with 70 locations across Britain
Zeus Labs, which is disrupting the freight industry with its next-generation digital solutions, has teamed up with the world’s largest sports retailerDecathlonto help handle its UK freight. Thepartnershipmeansthat Zeusnowhandlesnearly halfof allthe retailer’srestocking in theUK.
Established in Lille, France in 1976, Decathlon opened its first UK store at Surrey Quays in 1999, and now has 70 sites across the UK with plans to open hundreds more over the next decade.
The partnership comes after Zeus has undergone phenomenal growth since its founding in 2019by 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 per cent conversion rate from manufacturers who trialled their platform in 2021, which offers a near ‘zero-touch’ approach to managing road freight, with complete end-to-end tracking, reconciliation and system integrations.
The platform reduces road freight administrationfor both shippers and hauliers, while helping small-medium fleets grow quickly with fast payment terms.
It also features a generous loyalty program that includes 50 per cent 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 per cent of trucks running empty to just five per cent by 2025, achieved a 326per centgrowth in total volumein 2021,and is on track todeliver a 400 per cent growth in revenues by the end of 2022.
Zeus Labs Co-Founder Jai Kanwar said: “The addition ofmajor brands like Decathlonis a testament to the great benefits we are bringing to thelogisticssector. Our easy-to-use platform is not only helping companiesstreamline their supply chain but also help movethe industry towards better sustainability by reducing the number of empty HGVs on UK roads. EverymanufacturerthattrialledZeusin 2021 has awardedbusinesstous this year, showing just how effective our serviceis in modernising road freight management.”
