Up-and-coming freight forwarder aims to flip script in how to reach customers and Japanese fund is on board for that.
Hong Kong-based Lalamove promises same-day deliveries in under an hour. The company has just closed a $300 million round of funding to expand its geographic footprint further.
Digital upstarts have scored a lot of downloads, but their apps still aren’t as sticky as the incumbents.
Hurricane Katrina was a catastrophe of unprecedented proportions during the record-breaking 2005 Atlantic hurricane season, but it also served as an early example of how useful crowd-sourcing and satellite imagery can be in disaster response.
Flexible automation in warehouses is about maintaining floor robots that are mobile, scalable based on demand volatility, and equipped to collaborate with humans for optimizing operations.
Sydney, Australia-headquartered customs and logistics software provider WiseTech Global yesterday released details of massive increases in revenues and profits. ASX-listed WiseTech reported that total revenues increased by 68 percent.
Pointivo, an Atlanta-based startup that makes artificial intelligence 3D analytics technology, has closed a Series A funding round of $7 million.
Ecommerce is revolutionizing the way supply chains work, with predictive analytics and warehouse optimization playing a huge role in keeping up with consumer expectations.
GreyOrange announced a AI-powered modular sortation system that provides flexible automation in modern distribution and logistics centers, and can sort close to 12,000 parcels per hour.
SIMBA Chain has raised $500,000 in a pre-seed financing round, according to PR Newswire. Backers of the round include Elevate Ventures, the Notre Dame Pit Road Fund, Tracy Graham (chief executive officer of Data Reality) and Hari Agarwal (chief executive officer of AECI International).
Shippers responded to tight capacity and high rates in 2018 by turning to managed transportation providers, and if the predictions for 2019 come true, they will likely continue down this path.
China leads the world in adopting futuristic transport technology and transit models – like electric vehicles and mobility as a service (MaaS). McKinsey believes that the trend would continue in autonomous driving niche as well.
When Daimler Trucks North America introduced its 2020 model year Freightliner New Cascadia. all attention was focused on the eye-opening headline: it is a Level 2 autonomous truck. While that is the sexy part of the truck, an even sexier headline for fleets should be the advances in fuel efficiency in the new model.
Haulynx adds the turn-by-turn navigation feature to its software app, integrating it with the smart load matching algorithm it was previously offering. Based on the available hours of service, geographic location, and truck type, Haulynx will suggest loads that can maximize truck capacity utility.
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.
There are currently about 30,000 carriers on the Uber Freight network, according to the company. That number is expected to continue to grow.
In the transportation and logistics circles, blockchain has been an enigma – a technology that holds extensive promise on paper, and yet on the flip side, is extremely hard to implement.
Electric vehicle startup Rivian announced a $700 million funding round led by Amazon (NASDAQ: AMZN) today, February 15. The investment comes after the Michigan-based company unveiled its all-electric R1T pickup and R1S SUV last fall.
Road Hunter, an app that provides tools for truckers, has launched a trip-planning feature on its platform that its active users can use for free.
The 2020 model year Freightliner New Cascadia features technologies that qualify it as a Level 2 autonomous, but drivers shouldn’t be scared off by that.
