The logistics traceability system can cover the whole process of the product from the source of production to the consumption cycle. By distinguishing the key nodes of the product in the logistics sales process, the data information of the production and storage of the corresponding product is collected and entered at the corresponding node, so that the entire process is visible and controllable. On the basis of determining the overall system plan, this paper designs and develops the UHF RFID reader system and traceability system platform. In terms of the reader system, by analyzing its core functions and performance index requirements, the overall design scheme and frame structure of the reader system’s software and hardware are determined. The main control circuit is based on the STM32F103RET6 single-chip microcomputer; the RF transceiver circuit is based on the MagicRF M100. Simultaneously, we design a variety of communication circuits including LoRa and RJ45 to facilitate wireless communication with the traceability platform. In terms of software, through the research and analysis of the EPC Class-1 Generation-2 protocol standard, the multitag anticollision algorithm—Q algorithm—is adopted. This algorithm has the advantages of high recognition efficiency and a large number of successfully recognized tags per unit time. According to the design plan, the system is wirelessly networked in the B/S mode and the product information collected through RFID technology is transmitted to the management level to dynamically understand the information dynamics of logistics in real time. Using radio frequency, computer network, communication, and other technologies, the hardware and software systems of the system are integrated. The performance indicators of the hardware system are tested through experiments, and the design indicators are compared to prove the feasibility of the equipment application. After setting up the local area network and configuring the server configuration, the traceability system was accessed and the verification of the basic functions of the system was completed. The test results show that the low-cost universal RFID wireless logistics terminal has high accuracy and real-time performance in the process of logistics traceability.