Convoy co-founder Goodale stepping down
Grant Goodale, co-founder and chief experience officer of digital trucking network Convoy, announced this week he is stepping down from the startup.
Grant Goodale, co-founder and chief experience officer of digital trucking network Convoy, announced this week he is stepping down from the startup.
Einride has raised $500 million through a combination of equity and debt financing, giving it more funding to accelerate deployment of its autonomous and electric vehicles.
Middle-mile technology company Warp is joining the Urban Freight Lab to help study last-mile delivery efficiency.
Cummins CEO: ‘At some point the low-carbon thing becomes the main thing. And [diesel] becomes the niche business.’
“Our goal at FreightFlows is to make near-term market predictions to help vessel owners, traders, brokers and charterers have much better decision-making power in the international freight markets today,” said CEO Matt Morgan.
More venture capital flowing to maritime tech startups – and more shipping companies giving those startups a trial run.
Certain types of business models are more attractive to venture capitalists.
Though it no longer can call itself Thor Trucks, electric truck startup Xos is progressing toward regular production with a modular platform aimed at winning partnerships with bodybuilders.
Charging-as-a-service startup AMPLY Power raised $13.2 million from institutional investors Soros Fund Management and Siemens USA as it expands electric infrastructure management to commercial trucking from transit buses
Autonomous trucking startup Starsky Robotics is in talks with potential buyers, including some with its rivals, after failing to raise new funding to stay afloat.
Shippers in the maritime market can choose between a carrier-owned container or a shipper-owned container, with each business model holding certain advantages over the other based on availability and the freight corridor in question.
Drivent is a self-driving technology company that is creating a suite of solutions that integrate with autonomous vehicles and provide exceptional user experiences.
Flowspace helps companies source on-demand warehousing space, allowing them to scale up rapidly and concentrate on gaining more customers, rather than stagnate with the burden of finding warehouses to stock products.
MatchBack Systems provides an innovative approach to manage shipping container costs and improve efficiency optimization through the use of matchbacks.
BLOC recently collaborated with mining company BHP, Japanese shipping company NYK, and biofuel company GoodFuels, to deliver sustainable biofuel to the BHP-chartered, NYK-owned bulk carrier – all via BLOC’s blockchain fuels assurance platform.
Happy Returns has unveiled a self-service return solution that would allow shoppers to return items at the storefront – eliminating the need for them to return items through a laborious mail process that is the norm today.
Worklete helps frontline workers in the logistics ecosystem to avoid workplace injuries by focusing on their body movement and the way they interact with the environment.
dexFreight introduced the Early Adopters Program, through which companies that sign up will have exclusive access to early release versions of the dexFreight platform, and have the opportunity to interact with dexFreight’s development and product teams.
Trella is a Cairo-based startup that is looking to optimize truckers’ routes so they’re no longer driving empty by connecting them with shippers across Egypt.
Uber announced its fourth quarter earnings yesterday, with the results showing its market dominance in the cab-hailing segment and its extensive investment across different niche verticals it has expanded into recently.
Shippabo has created its own version of a fixed-rate contract, which helps small and mid-sized shippers gain access to direct-to-carrier contracts, allowing them to cut their shipping costs and secure reliable capacity.
Inxeption has designed the first blockchain-based e-commerce platform for B2B that catalogs and digitizes product information.
Port truck operators could potentially increase their wages by using a new service from NEXT that helps them run shorter runs and return to ports with empty containers. The company just secured $97 million in funding to help it expand.
Storing real-time data from aircraft and sea vessels on the cloud has been subject to a lot of debate, as the data that gets transmitted could be hacked in by people with nefarious motives. Blockchain could be a respite.
Wise Systems is building a fully automated system that allows teams to manage their entire fleet through cloud-based machine learning and provides dispatch routing that lets businesses plan, manage, and coordinate all aspects of deliveries with complete visibility.
Logistics startup Opus9 provides automated and digital transportation services for small and medium companies to ship truckload and LTL nationwide.
Investors are pumping millions into on-demand transit startups working in taxi-hailing and e-scooter sharing, but questions still remain if they can turn in positive bottom lines in the years to come.
Beijing-based startup Geek+ is a pioneer of AI-enabled logistics robots for warehouses, and is powering technological transformation of the logistics industry.
Computer vision startup Netradyne has recorded 100 million hours of driving data which would be analyzed by its AI deep learning tool to help drivers improve driving behavior and avoid incidents on the road.
Uber Inc. has introduced Powerloop, an affiliate company to Uber Freight, which would rent out power-only trailers to carriers looking to grow their business and thereby ease the industry’s capacity crunch.
As e-bike sharing startups flush cities with bikes for rent at dirt cheap prices, city administrations need to take a look in and understand the impact an unregulated e-biking scene could have on its roads.
Avancargo, a freight logistics startup from Argentina has on-boarded over 18,000 trucks on its platform and is helping them connect with shippers digitally.
What do you get when you combine a last-mile delivery solution company with a semi? You get an autonomous truck startup that’s skipped a few steps ahead of the competition.
Arrive Logistics, one of the nation’s fastest growing brokerages with offices in both Austin, TX, and Chicago, has received a Series A round of funding led by Lead Edge Capital.
Kangaruu creates a persistent, organized communication tool to manage logistics between shippers and brokers in the $45 billion spot market
CoLoadX is a shipping marketplace that helps freight forwarders and NVOCCs in finding better quotes, routing options, and in executing transactions faster.
Regardless of technology, the transportation industry is still built on relationships.
Dolly is a last-mile delivery startup that is providing consumers the power to dictate their delivery processes, by determining when their product needs to be loaded, transported, and delivered.
iCanDeliver is hoping to capture European market share with its digital freight platform.
Flowspace is an on-demand warehousing startup that is helping businesses access warehouses faster and with lesser integration hassles.
Shippers and carriers are an integral part of the freight industry and keeping them in the loop would go a long way to improving efficiency inside the system. That is the belief that the founders of Go99 are building their business upon.
FreightWaves adds a startup directory to the site to help startups identify partners, investors, and talent in the emerging FreightTech space.
Trucking venture funding continues to pick up steam. One fund, backed by the largest grouping of Fortune 1000 companies in the world and a top engineering school, makes an investment in two trucking startups for its initial set of investments.
The transportation industry is ripe with startups hoping to be the one that disrupts a $726 billion industry, but without help, most don’t last. Dynamo is a Chattanooga-based venture capital firm that specializes in the logistics space and is helping a few of these startups gain a solid foothold in transportation.