Stay Up to Date on Trucking, Supply Chain and Logistics Startups & More
The logistics industry is built on innovation, and startups have come to be a driving force behind that innovation. In the last few years, trucking, supply chain and logistics startups have emerged to disrupt the industry and drive it forward, especially in terms of digitization and automations. Check back here for the latest coverage and analysis of startups that are shaking up the industry.
Meet Juliette, the laundry company founded by Rechelle Balanzat that’s using logistics to take its business to new heights.
Nikola founder Trevor Milton has been irritating the company he once led since leaving in September 2020.
Blackstone Group, one of the premier New York investment groups, is putting $130 million on fintech/freight tech firm PayCargo.
It’s the end of the line for Electric Last Mile Solutions as it becomes the first transportation SPAC to file for bankruptcy liquidation.
Alphabet-backed Wing is hoping to expand its drone delivery service in Virginia through the introduction of a public delivery zone.
TuSimple co-founder Mo Chen launches Hydron, an autonomous trucking venture that would use hydrogen fuel to achieve zero emissions.
Last Mile Solutions told the Securities and Exchange Commission it is nearly out of cash and could run out of money this month.
“One of the more challenging aspects of any tech startup is to strategically coordinate the scale of the organization. Working closely with Microsoft will help ensure we are utilizing best practices to develop rapidly without incurring technical debt,” says FetchGoat’s CTO.
Startup WattEV sees its Truck-as-a-Service startup as a modern day Pony Express with electric trucks being swapped instead of horses .
Nikola Corp. adjourned its annual meeting Wednesday after too few investors voted on a proposal to raise the number of shares in the electric truck maker.
Freightos, a backed by FedEx, is raising capital through a special purpose acquisition company and IPO.
Infrastructure. How important is a fixed base of electric charging for commercial vehicles? Maybe not as much as we’re told.
“Ensuring companies stay compliant certainly isn’t the sexiest venture, but in the trucking industry, it’s one of the most important aspects to get right.”
Australia’s Tritium is making a charge in U.S. market with a move into direct current fast charging for electric trucks.
“The time is right for a seismic shift online in the world of open deck shipping. Thanks to its shipper TMS solution, internal TMS and carrier management portal, we feel EXO Freight is poised to fundamentally improve the economics and quality of life for open deck carriers and their drivers,” said Dan Ahrens, managing partner at Left Lane Capital.
Autonomous technology company Gatik will expand operations in Kansas.
Electric work truck startup Atlis Motor Vehicles has crowdfunded $32.6 million from nearly 29,000 investors as it readies a public offering.
Lordstown Motors lives to fight another day with the $230 million sale of the plant it basically got for free from General Motors.
Startup Xos Trucks introduced full-fledged heavy- and medium-duty electric chassis cabs, signifying its graduation from a powertrain component integrator.
Autonomous trucking startup Plus is making a scaled-back version of its autonomous trucking software available through upfitting.
