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Grace Sharkey

Grace Sharkey is a professional in the logistics and transportation industry with experience in journalism, digital content creation and decision-making roles in the third-party logistics space. Prior to joining FreightWaves, Grace led a startup brokerage to more than $80 million in revenue, holding roles of increasing responsibility, including director of sales, vice president of business development and chief strategy officer. She is currently a staff writer, podcast producer and SiriusXM radio host for FreightWaves, a leading provider of news, data and analytics for the logistics industry. She holds a bachelor’s degree in international relations from Michigan State University. You can contact her at gsharkey@freightwaves.com.
Sep - 2021 -
28 September
Grace Sharkey

TriumphPay reaches $16B payment milestone, adds factoring veteran to leadership

“When we started this journey with Jordan three years ago, we defined proof of concept as becoming the largest payor in brokered freight,” said the CEO of TBK Bank.

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25 September
Grace Sharkey

The Log Book: XPO sponsors Pride Festival in UK

This week: XPO’s chief diversity officer describes the importance of its inclusion initiatives, UPS opens up its Fairway to the Future quiz in honor of the Ryder Cup and the St. Christopher Truckers Relief Fund celebrates a successful diabetes program with the CDC.

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23 September
Grace Sharkey

Cross-border FreightTech platform Forager seeks $50M exit

Forager has engaged an investment banker and is running a sale process.

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21 September
Grace Sharkey

FRONTDoor Collective raises $7.5M for sustainable, last-mile delivery standards

“With GCP as a partner, their strategic connections will allow us to build the technology that our FDPs are craving,” says the FRONTDoor Collective COO.

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Grace Sharkey

Project44 acquires last-mile tech company Convey for $255M

“Our acquisition of Convey brings project44 all the way to the front doorstep,” says project44 founder and CEO Jett McCandless.

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Grace Sharkey

Transfix announces SPAC plans with investor G Squared

“We are thrilled to be partnering with G Squared on this significant milestone,” said Transfix CEO Lily Shen.

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Grace Sharkey

Fintech does FreightTech: 5 companies you should know

FreightWaves examines 5 deals and partnerships that highlight how fintech can improve FreightTech offerings.

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20 September
Grace Sharkey

Altana AI raises $15M to alert supply chains of compliance, security risks

“We have always wanted customs authorities to share their rules, what they are looking for and what they are sharing, but they will never do that,” says Altana’s CEO on problems the company is aiming to solve.

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18 September
Grace Sharkey

The Log Book: 4 creative ways companies honored truck drivers

This week: From Spotify playlists to full cab renovations, FreightWaves showcases creative ways companies celebrated National Truck Driver Appreciation Week.

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16 September
Grace Sharkey

Blume Global lands $500M valuation with Bridgepoint deal

“We’re excited to partner with Blume Global, its management team, Apollo and EQT to support the company through its next stage of growth,” says Bridgepoint’s managing director.

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15 September
Grace Sharkey

Melio’s have-it-your-way payment system nets $4B valuation

Melio’s monthly processing volumes increased 5,000% over the past 18 months as its customers turned toward its digital suite to maintain positive cash flow.

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14 September
Grace Sharkey

Project44 first strategic partner for Google’s Supply Chain Twin

“The Supply Chain Twin enables customers to gain deeper insights into their operations, helping them optimize supply chain functions — from sourcing and planning to distribution and logistics.”

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13 September
Grace Sharkey

Vizion raises $3.25M, delivers on promise to track containerized freight

“Amazon Web Services makes it easy to host web applications for scalable solutions. We are looking to do the same thing for supply chain software by breaking down the data barriers that stop anyone from building the tools they need to offer better services.”

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09 September
Grace Sharkey

Project44’s Preferred Telematics Program offers European carriers instant integration

Project44 will continue to add telematics providers to its program in 2022 and plans to start building out a global program over the next year.

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Grace Sharkey

CloudTrucks’ new offerings available to all owner-operators

“We are expanding our reach by allowing owner-operators to keep their own authority and still have the same CloudTrucks experience.”

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08 September
Grace Sharkey

A&R Logistics unifies acquisitions under Quantix brand

Quantix showcased its new Peterbilt truck, unveiling the company’s updated color scheme of navy blue and bright green.

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Grace Sharkey

Cambridge Capital makes majority investment in Everest Transportation Systems’ growth strategy

“Everest’s growth is a great example of creative problem-solving,” said Cambridge Capital CEO Ben Gordon.

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07 September
Grace Sharkey

Fractory raises $9M for metal manufacturing marketplace, US expansion

“Its rapid customer adoption is clear, demonstrable feedback of the value that Fractory brings to manufacturing supply chains,” says investor.

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04 September
Grace Sharkey

The Log Book: Bendix employees build beds for children in need

This week: Bendix employees build beds for local children, Women In Trucking pilot new mentorship program with LeadHER Alliance and C.H. Robinson employees kick off Robinson Cares campaign.

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03 September
Grace Sharkey

YouCruit raises $11.5M for driver hiring app Lanefinder

“To satisfy the hiring needs of the companies currently on the platform, we need to find over 220,000 drivers every year for them. That’s not a small number,” says the CEO of YouCruit.

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01 September
Grace Sharkey

Intermodal Summit: Ocean shipping reform can create proactive supply chains

The CEO of BookYourCargo explains how reform could help improve demurrage and detention chargebacks.

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Grace Sharkey

Intermodal Summit: Breaking down information silos

“[Logistics] service providers need to embrace, and philosophically be open to, sharing their data,” says the CEO of Terminal49.

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Grace Sharkey

Q&A: Standardizing supply chain data exchange for ocean transport

Digitization can alleviate supply chain glitches, but it depends on systems that talk the same language.

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Aug - 2021 -
30 August
Grace Sharkey

US Bank partners with Mastercard for international fleet card acceptance

“In times of natural disasters, you find an increase in purchases of fuel, maintenance, food and hotels for drivers. … Many of our current customers need help routing their fleets during those times.”

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28 August
Grace Sharkey

The Log Book: Leading Ladies empower industry professionals through mentorship

This week: the Leading Ladies’ mentorship program empowers women in the industry; Convoy Technologies will host its second “Tacos for Truckers” event and logistics technology company wants to TransFIX your rig with CBS’ Jason Cameron.

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26 August
Grace Sharkey

Uber Freight’s power-only expansion into Georgia gives owner-operators leg up

“This is about lowering the barrier of entry for owner-operators. We are trying to push them forward and help them make key decisions that will ultimately lead them to success in scaling their business.”

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25 August
Grace Sharkey

MyCarrier integrates shippers to LTL operations, sees shipments up 246%

“Operating systems should learn from the behaviors of these shippers and LTL carrier partners, record these exceptions and apply learning from them for future automation.”

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23 August
Grace Sharkey

Drive XPO reaches 500,000 downloads, improves operating ratios

“I think the difference in distinctions between the digital players and the — whatever you call the nondigital players, has become almost nonexistent,” said XPO CEO Brad Jacobs in its earnings call.

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21 August
Grace Sharkey

The Log Book: Cargostore Worldwide, Kuehne+Nagel employees skydive for charity

This week: Cargostore and Kuehne+Nagel employees skydive with Red Devils for various charities, DHL successfully delivers 4 million donated vaccines from the U.K. and truck art helps find missing children in Pakistan.

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20 August
Grace Sharkey

Fontinalis Partners raises $104M for new wave of mobility technology

“We are very interested in areas where mobility collides with other themes. … Companies becoming more open to innovation will make these collisions much more frequent.”

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Grace Sharkey

HDVI raises $32.5M to mitigate risk, lower insurance premiums

Daimler Trucks North America’s participation in this round points to an increasing market for Truck-as-a-Service products, tools integrated during the manufacturing process to help fleets manage safety, privacy and intelligent automation tools.

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19 August
Grace Sharkey

FreightFriend automates relationship building for brokers, shippers and carriers

“We strongly believe that expecting random carriers to digitally engage with you and book your freight without having a relationship is a strategy that has just never proven to be effective.”

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17 August
Grace Sharkey

Lytx democratizes customer data with new integration network

“The list of integrations demonstrates a pivot in our strategic goals as a company to work more broadly in our customers’ favor. We can now partner with best in class solutions in various product categories in order to build out more customer value.”

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Grace Sharkey

Convoy Go supports private fleets with power-only capacity

“Traditionally, the private fleets have been very separate from the for-hire or public fleets. … With technology and innovations like this, we can help these small fleets go after the other half of the market.”

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16 August
Grace Sharkey

FreightMango partners with Vizion for long-term visibility needs

“There was a lot of flexibility in their API that allowed us to do what we wanted to do with it, compared to others that had a lot of pre-built tools.”

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Grace Sharkey

Pot o’ gold? HERBL CEO outlines promise, struggles of marijuana distribution

“I am not kidding: Scaling this is the hardest thing I have ever done in my career.”

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14 August
Grace Sharkey

The Log Book: J.B. Hunt celebrates its 60th anniversary

This week: Johnelle Hunt joins in celebration of J.B. Hunt’s 60th anniversary, XPO celebrates graduates of its online university’s LTL leadership class and the ATA prepares for its virtual championship this Saturday.

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13 August
Grace Sharkey

KeepTruckin’s new dashcam uses AI to drive safety and retention

DRIVE automatically spots areas for improvement so drivers can request coaching to boost their safe driving miles.

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12 August
Grace Sharkey

Q&A: FRONTdoor Collective executives explain importance of franchised DSP network

“The FDC is also very focused on equity and inclusion. We are extremely proud that 54% of our network is woman-, minority-, and veteran-owned.”

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11 August
Grace Sharkey

Cold Chain Summit: Refrigerated carriers adapt to new food purchasing habits

A trucking company CEO describes how carriers stay agile to meet customer demand in the pandemic era.

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Grace Sharkey

Cambridge, SoftBank back Parcel Perform in $20M Series A

“Over more than two years of working with Parcel Perform, their solution has become our global track-and-trace solution,” said Davide Costella, global delivery services manager at Nespresso.

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10 August
Grace Sharkey

Toggle raises $1.6M for blockchain technology connecting shippers to carriers

“Iowa is now at the leading edge of the inclusion of blockchain in contract law here,” said CEO Spillman, as his team recently fought to have smart contracts recognized under law in Toggle’s operating state.

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07 August
Grace Sharkey

The Log Book: XPO scores high on Disability Equality Index

This week: XPO receives a 90 out of 100 score on Disability Equality Index, Shell Rotella announces custom rig winners and Schneider driver’s daughter brings home first U.S. female diving medal since 1988.

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04 August
Grace Sharkey

Elroy Air raises $40M for specialized military logistics drone

The Chaparral has a set of applications for national defense, including dust-off operations; casualty evacuation; and intelligence, surveillance and reconnaissance.

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03 August
Grace Sharkey

AIT continues expansion strategy with Intelligent Logistics, Spur Freight acquisition

“There was an immediate synergy,” said AIT Worldwide Logistics’ CIO of the acquired companies’ culture.

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02 August
Grace Sharkey

A&R acquires RJ’s to scale liquid services along Gulf Coast

“The acquisition of RJ’s further expands the reach of A&R’s liquid platform into strategic geographies and allows our team to continue meeting the needs of our customers across the supply chain.”

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Grace Sharkey

Omnitracs’ layoffs and product concerns are nothing new, source says

“Now we are understaffed and have laid off a couple of people that have really key, historical knowledge of the products. … It has become a really toxic strategy,” says a source inside Omnitracs.

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Jul - 2021 -
31 July
Grace Sharkey

The Log Book: Walmart honors driver in Every Day Heroes program

This week: Walmart showcases truck driver in its Every Day Heroes program, Wreaths Across America recognizes trucking company for volunteer efforts and Schneider driver’s daughter advances to Olympic diving semifinals on Saturday.

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30 July
Grace Sharkey

Instant delivery company Gopuff reaches $15B valuation

“Gopuff has quietly built a very strong business and solidified itself as the leading player, continuing to define this evolving category.”

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29 July
Grace Sharkey

BlueGrace, Trucker Tools spotlight benefit of FreighTech partnerships

The partnership between BlueGrace and Trucker Tools showcases the right way to leverage popular book now features.

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28 July
Grace Sharkey

Trimac Transportation acquires digital broker Zengistics

The acquisition is a part of a five-year strategic plan to innovate and create disruption in the bulk trucking space.

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Grace Sharkey

Relay Payments plans to raise $60M for lumper remittance platform

A recent SEC filing shows the company has already raised $44.7 million from four investors.

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Grace Sharkey

TextLocate smooths driver and load tracking

“I’ve coined it the ‘superpower of check calls,’” said TextLocate founder Ryan Rogers.

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27 July
Grace Sharkey

SEDNA raises $34M, brings ‘speed, simplicity’ to supply chain communications

“Bill started reimagining email where it was most broken and therefore hardest to fix — large teams managing huge volumes and complicated processes,” said principal at Insight Partners Rebecca Liu Doyle of SEDNA’s CEO Bill Dobie.

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Grace Sharkey

With $2.5M funding, Freightify eyes expansion into US, Europe

White-label platform raises $2.5 million to bring real-time, guaranteed container rates to global shippers of all sizes.

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Grace Sharkey

2021 Shipper of Choice profile: The Coca-Cola Co.

Investments in visibility and collaboration among bottling partners earns Coca-Cola a spot on the FreightWaves Shipper of Choice top 25.

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24 July
Grace Sharkey

The Log Book: Bestpass’ Tour de Cure funds diabetes research

This week: Bestpass employees raise funds for diabetes research and DriverReach partners with behavioral software to reach nontraditional driver candidates.

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Grace Sharkey

4 challenges of drayage — and the FreightTech companies solving them

FreightWaves examines the challenges of drayage logistics and the technology companies that are overcoming them.

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23 July
Grace Sharkey

Updated: Massive layoffs hit Omnitracs and DealerSocket

A source says up to 35% of the workforce is being let go by parent company Solera in a massive restructuring plan to relocate positions to India.

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21 July
Grace Sharkey

Fetch Package gets $60M to expand deliveries to multifamily housing

Fetch Package has created a last-mile logistics solution to optimize deliveries to multifamily housing communities, eliminating the need for updated package rooms or lockers and increased staff to handle incoming traffic.

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20 July
Grace Sharkey

Transfix’s ‘right formula’ attracts Transportation Insight veteran

“The Transfix team is extremely talented, but there’s a quality to the culture that’s got gumption,” said newly appointed CCO Sophie Dabbs.

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Grace Sharkey

EDRAY receives $7M to improve port logistics through flow stacking

“Drayage is one of the biggest pain points for shippers right now,” said industry entrepreneur Andrew Leto.

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19 July
Grace Sharkey

$150M raise aids Netradyne’s mission ‘to create safer roadways for all’

Netradyne says it has been able to reduce distracted driving cases by 60% and improve following distance by 76%, leading to its global customers’ insurance claims dropping by 82%.

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17 July
Grace Sharkey

The Log Book: Schneider, American Red Cross support pandemic relief in India

This week: Schneider donates to the American Red Cross to provide pandemic relief in India, ATA opens its online store earlier for National Driver Appreciation Week merch and the St. Christopher Fund holds its first art auction.

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16 July
Grace Sharkey

Project44, Tive make NASCAR debut Sunday

The newly wrapped Chevrolet Camaro ZL1 1LE, driven for Rick Ware Racing and sponsored by BYRD Racing, will showcase the two FreighTech companies for the NASCAR Cup Series midsummer installment.

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15 July
Grace Sharkey

Uber Freight rolls out LTL offering, leverages BlueGrace network

“We will learn how our customers use the product, learn their pain points and inject those solutions into the product as we go, really changing the user experience.”

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Grace Sharkey

Surge Transportation forges digital pathway with TMS integrations

“We have to compete in a marketplace where my competitors don’t even have to be profitable.”

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14 July
Grace Sharkey

Wise Systems, Mitsubishi Fuso partner to offer aftermarket routing solutions

“This collaboration brings us closer to another source of data and another way to look at last-mile problems.”

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Grace Sharkey

Walmart moves robotics strategy from in-store to distribution centers

“We’re investing in our supply chain at an unprecedented scale in order to optimize that process end-to-end.”

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Grace Sharkey

AEV Summit: Cummins finds success in zero-carbon mindset

“If we don’t think about disrupting, we are not going to succeed,” says Cummins’ Amy Davis.

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13 July
Grace Sharkey

Locus optimizing field agent deployment with ServiceNow

“Instead of reinventing the wheel, we partnered with someone who is a leading player in that domain,” says Locus CEO Nishith Rastogi.

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12 July
Grace Sharkey

Walmart-funded Flipkart raises $3.6B as US IPO anticipated

Walmart International bought a 77% stake in the India-based e-commerce shopping portal in 2018.

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10 July
Grace Sharkey

The Log Book: Pilot gifts custom Peterbilt to 40-year driver

This week: Pilot gifts throwback Peterbilt to driver with sterling record of safe driving, AIT Worldwide Logistics stays committed to St. Jude Children’s Research Hospital and J.B. Hunt gives additional $5 million to Arkansas Children’s health care initiatives.

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08 July
Grace Sharkey

Descartes continues customer-driven acquisition strategy with GreenMile purchase

“We believe combining with good businesses makes us a better company and it will remain a large part of our plans going forward.”

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07 July
Grace Sharkey

Coast raises $6M to disrupt industry payment incumbents with fintech solutions

Available in late 2021, the company’s card will allow drivers to facilitate transactions anywhere Visa is accepted.

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Grace Sharkey

Nabis diversifies cannabis brands with $23M raise for distributor marketplace

“The rapidly legalizing cannabis market will be one of the first entirely new regulated supply chains to be built after the invention of the internet.”

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05 July
Grace Sharkey

Big Tech executives find new frontier in FreightTech

“I think about the fact that if we fulfill this mission, the world is better off and not many opportunities have that.”

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03 July
Grace Sharkey

The Log Book: TA kicks off a round up campaign with St. Christopher’s

This week: TA’s Register Round Up Campaign begins, Chicago-based Loadsmart gives back to the community and ParkMyFleet’s solar car race is thwarted by a breakdown.

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01 July
Grace Sharkey

Zipline’s drone delivery of pharmaceuticals earns $2.75B valuation

The company’s mission is to create the first logistics company that serves all humans equally.

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Jun - 2021 -
30 June
Grace Sharkey

Transfix partners with TriumphPay for seamless carrier payments

“Working with Transfix has to be an experience that’s better for carriers and it has to allow them to both make more money but in a way that is more sustainable for them,” says Transfix CFO.

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Grace Sharkey

Logistics Tech Summit: Creating frictionless driver experience with in-cab tech

“We believe we provide a best-in-class driver experience. I think that goes a long way in retaining drivers,” says Schneider National chief information officer.

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29 June
Grace Sharkey

GoBOLT, LocoNav build on India’s burgeoning supply chain investments

Venture capital has found an international star that shines twice as bright as the United States with a business logistics cost of 14% of the country’s GDP.

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Grace Sharkey

Flexport, Convoy partnership designed for ‘full end-to-end visibility’

The vision of the collaboration is “for customers to be able to track their products from door to door and understand exactly what’s happening every step of the way.”

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26 June
Grace Sharkey

The Log Book: J.B. Hunt inspires LGBTQIA+ inclusion with resource group

This week: J.B. Hunt inspires inclusion with in-house resource groups, ParkMyFleet sponsors first U.S. solar car race and Flock Freight creates a trucking-inspired playlist.

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25 June
Grace Sharkey

RoadSync raises $30M to help get trucks rolling faster

Earlier this month, RoadSync announced it has partnered with the truck stop and service center network AMBEST to help get trucks serviced and back on the road faster.

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24 June
Grace Sharkey

New Convoy CTO aims for Amazon-style innovation in transportation industry

“I think if your company value is rooted in working backwards and focused on the customer. … That’s how I think true inventions happen,” explains new Convoy CTO, Dorothy Li.

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23 June
Grace Sharkey

BookYourCargo platform uses carrier feedback to enhance drayage experience

The CEO of BookYourCargo describes the “black hole” that many shippers experience once their shipments leave a port of discharge.

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22 June
Grace Sharkey

Trucker Tools acquired to scale faster, expand services

“They have built something that does make truckers’ lives easier. They help them find parking and cheaper fuel, along with their next load.”

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21 June
Grace Sharkey

Forto secures Series C and unicorn status, credits partnerships and culture

Forto’s digital platform is designed to boost operational efficiency, lower handling costs and increase transparency for its 2,500 customers.

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Grace Sharkey

What’s the value of FreightTech patents? For Omnitracs, maybe nothing.

“Historically, patents were a source of value creation. But today, innovation often comes from other places,” says supply chain technology investor Benjamin Gordon.

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19 June
Grace Sharkey

The Log Book: Workforce Heroes teaches Iowa students about trucking industry

This week: Workforce Heroes teach students about trucking careers, ‘Grow at XPO’ launches 100th location and WIT teams up with CarriersEdge for Diversity and Inclusion Index.

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18 June
Grace Sharkey

Kinaxis partners with 4flow to optimize capacity

“Building on the RapidResponse platform lets us leverage our innovative planning algorithms to create an application that seamlessly connects supply chain planning and transportation optimization.”

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17 June
Grace Sharkey

8VC files for two new funds, intends to raise over $1B

8VC was named top VC in Pitchbook’s Q1 2021 Supply Chain Tech Report.

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Grace Sharkey

KeepTruckin valued at $2.3B after Series E raise

“Over the past year, our customers have grown their fleets by 21%, and with our Series E funding, we are now well-positioned to grow alongside them by investing in talent and technology to better serve all businesses that power the physical economy,” says the CEO of KeepTruckin.

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Grace Sharkey

Xeneta providing rate transparency in turbulent ocean freight market

“If this market stays elevated for a longer period of time, there will be some consequences coming from it,” says Xeneta CEO.

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15 June
Grace Sharkey

CloudTrucks offers drivers Road to Independence

“Trucking is one of the greatest jobs in America to support your family and make a really good living,” said CloudTrucks CEO Tobenna Arodiogbu.

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14 June
Grace Sharkey

Shifl partners with Terminal49 to leverage drayage data expertise

“Our philosophy is not just to bring people to our dashboard, but give the power of our data to all of the dashboards and move the entire industry forward,” said Terminal49 CEO Akshay Dodeja.

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Grace Sharkey

Refraction AI sees big opportunity in Texas

“We’re trying to deploy a fleet and do volume deliveries and learn more about that than anybody else in the autonomous space,” says CEO Luke Schneider.

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12 June
Grace Sharkey

The Log Book: J.B. Hunt announces $1M supply chain inclusion scholarship

This week: J.B. Hunt announces $1M endowed scholarship for supply chain inclusion, OTR Capital’s new web series showcases life on the road, and tank driver could become Canada’s first NTTC Driver of the Year.

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10 June
Grace Sharkey

Gideon Brothers raises $31M for 3D robotic technology

“The pandemic has greatly accelerated the adoption of smart automation, and we are ready to meet the unprecedented market demand.”

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