For years, freight forwarding has promised digital transformation, yet much of the industry still runs on email chains, attachments, and manual workflows. Now, London-based startup Nexcade is stepping out of stealth with a bold mission: to bring end-to-end AI automation to the world of global freight forwarding. The company announced a $2.5 million pre-seed funding […]
Walmart is expanding its use of artificial intelligence and IoT technology with a large-scale rollout of Wiliot’s ambient IoT platform, marking one of the biggest deployments of item-level sensing in retail to date. The retail giant is working with Wiliot to apply battery-free Bluetooth sensors, known as “Pixels,” across pallets, packages, and products throughout its […]
In East Brunswick, New Jersey, SciSafe has quietly turned a corner. What began as a modest operation with “two freezers and a dream,” in the words of founder and CEO Garrie Richardson, has evolved into a new flagship biorepository facility poised to reshape cold-chain logistics in the biopharma industry. Rather than simply growing in size, […]
In logistics, collaboration has always been the difference between a shipment that moves smoothly and one that doesn’t move at all. But for all the talk of “visibility” and “real-time tracking,” the truth is that most breakdowns still happen at the same place they always have: the yard. A truck arrives a few minutes late, […]
Sweden-based freight tech innovator Einride has raised $100 million to accelerate the deployment of its autonomous and electric freight solutions while expanding its global footprint. The funding round drew participation from existing investors, including EQT Ventures, a West Coast-based asset manager, and a strategic investment from quantum computing leader IonQ, signaling strong confidence in the […]
ITF Group is making a bold bet on simplification. The company unveiled its ForwardNow platform, an integrated logistics and freight-forwarding solution that the company positions as a game changer in an industry too often burdened by fragmentation and opacity. At first glance, ForwardNow may feel like the natural evolution of a modern 3PL, combining air, […]
Every year, billions of dollars in pharmaceutical products are lost because of cold chain failures. The World Health Organization estimates that nearly 25% of vaccines are degraded by the time they reach their destination due to temperature excursions. As biologics, cell and gene therapies, and other temperature-sensitive products become more common, the need for greater […]
RK Logistics Group has doubled its warehousing capacity in Phoenix, Arizona, signaling strong confidence in the city’s growing role as a hub for manufacturing, energy and logistics. The company recently opened an 80,000-square-foot, temperature-controlled warehouse in Tempe, bringing its total footprint in greater Phoenix to nearly 158,000 square feet. The new facility, located at 7979 […]
Alvys has secured $40 million in Series B funding to accelerate its mission of transforming freight operations through AI and automation. The round, led by RTP Global with participation from Alpha Square Group, Titanium Ventures, Picus Capital, and Bonfire Ventures, brings the company’s total funding to $77 million. The investment comes just over a year […]
PCS Software is making a bold push to help carriers regain financial footing. This week, PCS unveiled three advanced modules, Dispatch Manager, Load Opportunity Manager, and Backhaul Booster, powered by its Cortex AI engine, promising to turn what used to be painful manual processes into a seamless workflow infused with profitability. For trucking firms grappling […]
Triumph is raising the stakes in freight tech with the launch of its integrated Pricing and Performance Intelligence solution, a platform that blends rate prediction, carrier scorecarding, and capacity sourcing into a single tool for brokers. Built on the combined data of Greenscreens.ai and Isometric Technologies (ISO), the new system is designed to help brokers […]
Every fall, there is a peak season that hits with fury before the traditional retail peak season. The Midwest transforms as combines sweep across golden fields and trucks line country roads waiting for the corn harvest to finish. For farmers, it’s the culmination of a season’s work. For carriers and drivers, it’s the start of […]
Every year in the United States, more than 130 billion pounds of food are wasted, much of it spoiled before it ever reaches consumers. A major culprit is the lack of visibility in the cold chain, where perishable goods are often left vulnerable during storage and transport. The vulnerability could be solved through the use […]
Pharmaceutical shipments must travel vast distances under increasingly demanding conditions. Tag-N-Trac, an AI-driven IoT logistics specialist, has partnered with Cold Chain Technologies to introduce a breakthrough tracking solution that promises not only reliability but also efficiency, translating into millions of dollars in annual cost savings. The partnership addresses a critical vulnerability in pharma supply chains: […]
Carrier Transicold is once again shaking up the cold chain industry with its newly unveiled Reefer Enhancement and Next-Life (REN) Program, targeting a key segment of refrigeration units that are entering middle age. Designed for PrimeLINE reefers between six and ten years old, the REN initiative enables those aging units to be upgraded, allowing them […]
The Tech Roundup is a weekly rundown of advancements and news in the FreightTech space. This week: Ordoro & DropStream Partner to Streamline 3PL Fulfillment for E-commerce Merchants, PS Transportation Partners with Hyperscale Systems to Eliminate Driver Hold Times with VIC, a Breakthrough Digital Driver Assistant, HERE & Radaro Partner for Next-Gen Route Optimization and […]
Lyric has secured a $43.5 million Series B round to fuel the growth of its AI-driven supply chain intelligence platform, a sign of both the company’s momentum and the broader shift in investor attention toward technology that can keep pace with increasingly complex global logistics. The round reflects the market’s appetite for tools that go […]
North Africa and the Middle East are in the middle of a cold chain explosion. The market is expected to reach $41.1 billion by the end of 2030 with a compound annual growth rate of 8.8%, according to BCC Research. DP World has unveiled plans for a state-of-the-art cold storage facility in Egypt, specifically, the […]
The freight industry has long struggled with a fundamental problem: messy, fragmented data. Manual check calls, siloed platforms, and limited visibility still define how billions of dollars’ worth of freight moves across the U.S. every year. Catena, a New York–based startup, believes it has found the solution, a neutral data infrastructure layer designed to connect, […]
For years, freight sales teams have been swimming in signals but starved of context. A shipper searching for a provider profile on a platform like CarrierSource might indicate upcoming freight needs, but knowing exactly why they’re searching, who inside the company is driving the activity, and how to reach them with the right pitch has […]