Pedal Me

Last updated

Pedal Me
Industry Logistics and Pedicab
Founded2017
FoundersBenjamin Knowles
Christopher Dixon
Robert Sargent
Headquarters
London, U.K.
Key people
Benjamin Knowles (CEO)
Russell Edwards (Head of Technology)
Greg Holland (Head of Operations)
Website www.pedalme.co.uk

Pedal Me is an e-cargo bike logistics company in London. The company was founded in 2017 by Benjamin Knowles, a transport planner, Rob Sargent, an astrophysicist and technologist, and Chris Dixon, a National Standards Instructor for Cycling. [1] [2] [3] [4] [5]

The company normally operates within 9 miles of Central London, [6] using bikes built by Urban Arrow in the Netherlands. The company offers cargo deliveries, which have significantly outstripped the number of journeys carrying passengers. [7] In a trial run by TfL, the company's riders dropped off construction materials from Wood Green to Whitechapel faster than a van. The contractor plans to continue receiving deliveries by bike. [8] In May 2019, the charity Sustrans decided to use Pedal Me to move all of their office equipment 2.7 miles across London. [9]

The company employed 45 people in 2019 [10] and had 42 bikes in its fleet. [11]

In February 2024, Pedalme entered administration wiping out all of its shareholders citing unpaid tax bills. The company was bought out of administration by a number of existing shareholders, but crowdfunding backers were not included in the deal. [12]

Coronavirus lockdown

During the lockdown in April and May 2020, Pedal Me partnered with Lambeth Council to deliver 10,000 care packages to the individuals and families most in need. This was the largest operation conducted in Pedal Me's history, and perhaps the single largest e-cargo bike logistics operation in the UK. In total, the Pedal Me fleet covered over 20,000 km to distribute nearly 10,000 packages, moving around about 150,000 kg across the borough of Lambeth. [13]

In December 2020, Pedal Me said that they were opening a 6,500sq ft warehouse in Zone 1 to support their freight operations. [14] In February 2021, Pedal Me offered free rides to Londoners going to and from their Covid vaccinations. [15]

Related Research Articles

<span class="mw-page-title-main">United Parcel Service</span> American package delivery company

United Parcel Service, Inc. (UPS) is an American multinational shipping & receiving and supply chain management company founded in 1907. Originally known as the American Messenger Company specializing in telegraphs, UPS has expanded to become a Fortune 500 company and one of the world's largest shipping couriers. UPS today is primarily known for its ground shipping services as well as the UPS Store, a retail chain which assists UPS shipments and provides tools for small businesses. UPS offers air shipping on an overnight or two-day basis and delivers to post office boxes through UPS Mail Innovations and UPS SurePost, two services that pass on packages to the United States Postal Service for last-mile delivery.

<span class="mw-page-title-main">Bicycle messenger</span> People who work for courier companies carrying and delivering items by bicycle

Bicycle messengers are people who work for courier companies carrying and delivering items by bicycle. Bicycle messengers are most often found in the central business districts of metropolitan areas. Courier companies use bike messengers because bicycle travel is less subject to unexpected holdups in city traffic jams, and is not deterred by parking limitations, fees or fines in high-density development that can hinder or prevent delivery by motor vehicle, thereby offering a predictable delivery time.

<span class="mw-page-title-main">Boda boda</span> Type of motorcycle or bicycle with a space for a passenger or for carrying goods

Boda bodas are bicycles and motorcycle taxis commonly found in East Africa. While motorcycle taxis like boda bodas are present throughout Africa and beyond, the term boda boda is specific to East Africa. In Kenya, they are more frequently called piki pikis or Boda. Their ubiquitous presence in East African cities is the result of a number of factors including an increasing demand for public transit, the ability to purchase motorcycles on credit, and an influx of cheap imports from Indian manufacturers like Bajaj and high level of unemployment among the youth. In the countries where they are present, boda bodas can provide transportation options to riders and job opportunities to drivers while at the same time resulting in an increase in road hazards and collisions and unnecessary injuries and deaths.

Southern Air Inc. was a global air cargo carrier headquartered in Florence, Kentucky. It was the first airline to provide ACMI service for the wide-body Boeing 777F. On November 17, 2021, Southern Air ceased operations upon its merger into Atlas Air.

The Emirates Group is a state-owned Dubai-based international aviation holding company headquartered in Garhoud, Dubai, United Arab Emirates, near Dubai International Airport. The Emirates Group comprises dnata, an aviation services company providing ground handling services at 126 airports, and Emirates Airline, the largest airline in the Middle East. Emirates Airlines flies to over 150 destinations across 6 continents, operating a fleet of over 250 wide-bodied aircraft. The airline has 170 aircraft on order worth US$58 billion. The Emirates Group has a turnover of approximately US$28.3 billion and employs over 105,000 employees across all its business units and associated firms, making it one of the biggest employers in the Middle East. The company is wholly owned by the Government of Dubai directly under the Investment Corporation of Dubai and as part of Dubai Inc.

Seedrs is an online equity crowdfunding company, headquartered in East London's Tech City, founded in 2009 and launched by Jeff Lynn and Carlos Silva in 2012. Since 2022 it has been a subsidiary of American crowdfunding company Republic.

Crowdcube is a British investment crowdfunding platform, established by Darren Westlake and Luke Lang in 2011.

<span class="mw-page-title-main">Ola Consumer</span> Indian ridesharing company

Ola Consumer, formerly Ola Cabs, is an Indian transportation company that provides ride-hailing services and operates other business verticals such as financial services and cloud kitchens. It is headquartered in Bangalore, and operates in 250+ Indian cities.

<span class="mw-page-title-main">Grab Holdings</span> Singaporean technology company

Grab Holdings Inc. is a Singaporean multinational technology company headquartered in One-North, Singapore. It is the developer of a super-app for ride-hailing, food delivery, and digital payment services on mobile devices that operates in Singapore, Malaysia, Cambodia, Indonesia, Myanmar, the Philippines, Thailand, and Vietnam.

<span class="mw-page-title-main">Bolt (company)</span> Peer-to-peer ridesharing, food delivery

Bolt is an Estonian mobility company that offers ride-hailing, micromobility rental, food and grocery delivery, and carsharing services. The company is headquartered in Tallinn and operates in over 500 cities in more than 45 countries in Europe, Africa, Western Asia and Latin America. The company has more than 150 million customers and more than 3 million driver and courier partners. The company has plans for an initial public offering in 2025.

<span class="mw-page-title-main">Yandex Taxi</span> Russian taxi service

Yandex Taxi, a division of Yandex, operates a ridesharing company in Russia, Moldova, Armenia, Azerbaijan, Belarus, Georgia, Kyrgyzstan, Serbia, Uzbekistan, Kazakhstan and UAE. The Yandex Taxi division also operates Yandex Eda, a food delivery service; Yandex.Lavka, a grocery delivery service; and Yandex.Chef, previously known as Partiya Edy, a meal kit service. All services are accessible via the Yandex Go mobile app.

Careem is a Dubai-based super app with operations in over 70 cities, covering 10 countries across the Middle East, Africa, and South Asia regions. The company, which was valued at over US$2 billion in 2018, became a wholly-owned subsidiary of Uber after being acquired for $3.1 billion in January 2020. Careem expanded into the food delivery business with Careem Now in November 2018, which evolved into Careem Food as well as the rapid grocery delivery service Careem Quik in 2020, and launched a digital payment platform, Careem Pay in April 2022. In April 2023, Careem's Super App business was spun out into a new legal entity, which e& acquired a 50.03% stake in, while Uber maintains full ownership of Careem's ride-hailing business.

kar-go Autonomous delivery vehicle

Kar-go, is an autonomous delivery vehicle, designed and built by British company, Academy of Robotics Ltd, a UK company, registered in Wales. The vehicle uses self-drive / driverless car technology to drive itself to locations where it delivers packages autonomously.

<span class="mw-page-title-main">Lime (transportation company)</span> American micromobility company

Neutron Holdings, Inc., doing business under the name Lime, formerly LimeBike, is an American transportation company based in San Francisco, California. It runs electric scooters, electric bikes and electric mopeds in more than 200 cities in nearly 30 countries around the world. The system offers dockless vehicles that users find and unlock via a smartphone app that knows the location of available vehicles via GPS.

Parcel2Go is a British parcel delivery comparison website providing comparisons of domestic and international postage options from different providers.

<span class="mw-page-title-main">London EV Company</span> English car manufacturing company

London EV Company Limited (LEVC), formerly The London Taxi Corporation Limited, is a British automotive manufacturer with its headquarters at Ansty Park near Coventry, England. It is a wholly-owned subsidiary of Chinese automaker Geely. The company produces London’s famous black taxicabs.

<span class="mw-page-title-main">Rapido (company)</span> Indian online bike taxi aggregator

Rapido is an Indian ride-hailing service, which primarily operates as a bike taxi aggregator. Its offerings also include auto rickshaw and taxicab hailing, parcel delivery, and third-party logistics services. Founded in 2015, the company is based in Bangalore and operates in over 100 cities, but has run into legal troubles in several locations where bike taxis are not legal.

<span class="mw-page-title-main">GIG Logistics</span> Nigerian logistic services company

GIG Logistics (GIGL) is a courier and logistics services company headquartered in Lagos, Nigeria. Incorporated in 2012, it is a subsidiary of the GIG Group, an intelligence and technology management company based in Nigeria. The company has service centres in Nigeria, Ghana and the United States of America.

Academy of Robotics is a UK-based artificial intelligence technology company that creates technology to automate repetitive tasks and logistics.

References

  1. ↑ "Pedal Me hit £150,000 Crowdcube investment target - on day of launch party for crowdfunding drive". Road.cc. Retrieved 14 November 2019.
  2. ↑ "Crowdcube: Pedal Me" . Retrieved 15 November 2019.
  3. ↑ "Smile-inducing Cargobike Taxi Service Crowdfunds To Capitalize On Growth". Forbes. Retrieved 14 November 2019.
  4. ↑ "Meet the man who's taking on Uber – with his pushbike". Daily Telegraph. Retrieved 14 November 2019.
  5. ↑ "Can bike taxis really compete with Uber? Pedal power vs petrol for the morning commute".
  6. ↑ "Our Service". Pedal Me. Retrieved 14 November 2019.
  7. ↑ "Introducing Pedal Me: The startup going wheel-to-wheel with Uber". UK Tech News. Retrieved 14 November 2019.
  8. ↑ "Bikes are starting to replace delivery vans in London". My London. 15 May 2019. Retrieved 14 November 2019.
  9. ↑ "53-Person Charity Moves London Offices By Cargobike". Forbes. Retrieved 14 November 2019.
  10. ↑ "Bicycle taxi company Pedal Me to offer free transport to polling stations". Cyclist. Retrieved 14 November 2019.
  11. ↑ Sutton, Mark (27 November 2019). "Cargo bike logistics firm PedalMe crowdfunds (again) to meet rapid expansion".
  12. ↑ "London cargo bike delivery company Pedal Me enters administration, but future secured". 5 February 2024.
  13. ↑ Collignon, Nicolas (8 September 2020). "Pedal Me x Lambeth Council during the Covid-19 lockdown: The logistics of delivering 10,000 care packages using e-cargo bikes".
  14. ↑ "Pedal Power - Mobility Moments with Pedal Me CEO Ben Knowles". 11 December 2020.
  15. ↑ "Lime, Pedal Me partner to give Londoners free rides for vaccine appointments". 5 February 2021.
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.