Auto Hauler Exchange secures $5M Series A, bullish on FreightTech marketplace
FreightTech could contribute to a digital transformation in vehicle logistics, and Detroit-based Auto Hauler Exchange and its investors are betting on it.
FreightTech could contribute to a digital transformation in vehicle logistics, and Detroit-based Auto Hauler Exchange and its investors are betting on it.
The $284 billion automotive logistics market needs technologies that enhance supply chain visibility, experts say.
Automotive trade platform TRADE X has acquired vehicle export specialist Techlantic after raising $45 million over the summer.
ACERTUS will connect DrivrzXchange users to a network of preapproved, vetted carriers representing 20,000 tractor-trailers.
“This outperformance once again demonstrates that we are in the right locations, and a focus on origin and destination cargo will continue to deliver the right balance between growth and resilience,” Sultan Ahmed Bin Sulayem says.
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