H.I.G. Capital makes strategic investment in Cleo
SaaS platform company Cleo, which specializes in the integration of B2B enterprise data and saw rapid growth in 2020 due to e-commerce, received a strategic investment from H.I.G. Capital.
SaaS platform company Cleo, which specializes in the integration of B2B enterprise data and saw rapid growth in 2020 due to e-commerce, received a strategic investment from H.I.G. Capital.
Chinese ride-hailing giant Didi has filed paperwork with the SEC for an IPO on a major U.S. stock exchange.
E-commerce technology company Stackline announced a $130 million investment from TA Associates to fund additional technology development.
Rideshare drivers sometimes need a cash advance to cover short-term expenses, but traditional banks offer few options. COVERR hopes to bridge that gap.
Final-mile delivery technology company OneRail announced it has added more than 1 million drivers to its network, giving shippers access to more last-mile capacity.
Pitney Bowes has added ParcelPoint Smart Lockers to its parcel locker portfolio, providing a secure, technology-enabled solution for enterprises.
Circle, which offers cryptocurrency-based payments for internet transactions, raised $440 million and is eyeing a potential SPAC deal.
CtW Investment Group is asking DoorDash shareholders to vote against the reelection of co-founder Tony Xu to the board of directors, saying more oversight is needed.
E-commerce logistics company ShipBob is now able to fulfill two-day shipping for sellers using the Walmart Marketplace.
In an investment note this week, Mizuho Securities USA indicated it believes the Biden administration is more likely to issue guidance on gig worker classification rather than a formal rule.
Uber is reportedly close to a deal with GMB, a U.K.-based labor union, to provide representation for rideshare drivers as it works to comply with a recent U.K. Supreme Court decision saying drivers were entitled to minimum wage.
A survey from SOTI has found transportation and logistics companies trying to keep up with the e-commerce demand continue to face technology integration issues, costing them several days per month per employee in productivity.
As more brands roll out next-day and same-day grocery delivery, the long-term profitability of these programs depends on innovation that can drive down cost and increase flexibility.
Even as brands turn to more digital tools to engage with customers, many are finding success with a more traditional item — catalogs.
The California Air Resources Board has voted to require rideshare companies like Uber and Lyft to conduct 90% of all rides in electric vehicles by 2030.
Oklahoma has passed a law that would remove delivery services such as Amazon Flex drivers from compliance with state trucking regulations.
More manufacturers are looking into digital sales and marketing channels as their customers increasingly move online.
The Kansas City region, with its centralized location, is becoming a prime area for commercial warehouse space, with KC Smartport expecting 15 million square feet to become available in 2021.
Fidelity had led a $360 million private funding round into BETA Technologies to speed development of small electric aircraft for passenger and cargo usage.
AT&T and Sony have teamed up for a new shipping label that activates sensors to track and monitor packages as they travel throughout the supply chain.