Rapidus, a B2B local delivery marketplace, recently launched an AI-powered service that can predict the future time and location of new deliveries. The new technology helps decrease time to pick up, increasing delivering partners' density in heavy-demand areas and minimizing the cost of delivery for shippers. It enables e-commerce businesses and retail distribution centers to benefit from cost and time-effective deliveries, and provides logistics analysis for cost estimates, route planning and distribution optimization for warehouses and hub placements.

"Rapidus is not a traditional courier company. We're leveraging technology to address low-tech logistics problems. With years of experience in the technology sector, building products for multibillion-dollar companies, we know how to use technology for the benefit of businesses," said Olexandr Prokhorenko, CEO of Rapidus. "With the launch of our new AI-powered service, we combine the power of machine learning algorithms to do what computers can do the best while we will continue to focus on the ultimate human advantage — making the right decisions.”

Rapidus utilizes data from the company's previous history of deliveries and uses the data from Rapidus's delivery partners. The company is combining this information with market data, such as fundraising and industry growth, and commercial real estate data such as new tenants and the consolidation of assets. Rapidus connects tens of thousands of professional delivery partners with thousands of business customers, providing fast, trackable, and guaranteed deliveries across California, Colorado, Washington, and Texas. The company also has a growing footprint in Georgia, Florida, and Oregon.

About Rapidus

Established in 2016, Rapidus was founded to challenge the business delivery status quo with innovation and unmatched focus on customers. Offering a vast network of professional delivery partners with unused cargo capacity, Rapidus matches them to business customers who need delivery services in its growing, multi-state service area. Connected via technology with local and global destinations, drivers within targeted neighborhoods continuously recycle unused ground and air transport capacities to establish solid, reliable deliveries anywhere in the service area — 24 hours a day, seven days a week. Rapidus delivery marketplace offers a low cost of carrier switching with a greater choice of delivery agents, complete visibility at every step of a supply chain, cost-effectiveness, convenience, and a seamless experience.