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.
Electric cargo bike delivery provider Urb-E is expanding to Los Angeles as the first city in an expansion of its service in 2022.
Warehouse robotics firm Exotec has raised $335 million in funding as it looks to deploy more of its solutions in fulfillment operations.
Robotic Assistance Devices Mobile is looking to bring to market a 700-pound autonomous robot for logistics and last-mile delivery operations.
Walmart InHome customers in Florida will get first access to HomeValet’s Smart Box, a lockable, temperature-controlled porch box.
“We don’t partner with one asset, we partner with all box truck assets in a region and we aggregate the totality of orders to be sure that there is one full truck delivering to one ZIP code,” said Onward Delivery CEO Grafton Elliott.
“The trucking insurance industry hasn’t innovated anything for the last few decades, so we thought with our insights and the right person we could change that,” said CEO Mats Holmback.
“Our technology is picking loads for drivers based on what is best for the driver and what will generate the most revenue on the truck, which in turn, generates the highest potential salary for our drivers” said AI Fleet co-founder and CEO Marc El Khoury.
Vendorflow has attracted investment from industry leaders with project44, Flock Freight, Best Bay Logistics and NEXT Trucking.
The co-founder said many of his current investors called Uber and other marketplaces to discuss their flatbed capabilities but were told that “they did not intend to make that a core focus.”
“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.
“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.”
“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.”
“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.
“I’ve coined it the ‘superpower of check calls,’” said TextLocate founder Ryan Rogers.
White-label platform raises $2.5 million to bring real-time, guaranteed container rates to global shippers of all sizes.
Temperature-controlled logistics real estate investment trust Lineage Logistics and venture capital firm 8VC have formed an alliance to invest in technology startups in the transportation and logistics industry.
Talkshoplive and its embeddable player network received a huge boost with $6 million in funding.
Available in late 2021, the company’s card will allow drivers to facilitate transactions anywhere Visa is accepted.
“I think about the fact that if we fulfill this mission, the world is better off and not many opportunities have that.”
CEO Todd Ehrlich says the venture studio model leverages valuable resources for innovators to build startups faster and with less complexity and capital.
