financing
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Infrastructure
California, US DOT to coordinate on major freight infrastructure projects
California and federal officials are partnering to speed up future freight infrastructure investments, as well as reduce delays impacting cargo flows today.
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Trucking
Eddie Stobart fires CEO over bloated financial estimates as pandemonium reigns
U.K. haulier Eddie Stobart has deposed its CEO Alex Laffey over inflated operating profits and has suspended its stocks from trading in the market.
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News
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Trucking
Berlin logistics startup sennder raises Series C financing round
sennder has now raised nearly €100 million this year across two rounds of funding.
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Technology
Medical drone delivery startup Zipline raises $190 million in funding (with video)
Zipline operates autonomous drones across remote areas that are hard to reach by road, airlifting medicines during emergencies.
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Logistics
On-demand warehousing startup Flowspace raises $12 million in Series A investment
Flowspace helps companies source on-demand warehousing space, allowing them to scale up rapidly and concentrate on gaining more customers, rather than stagnate with the burden…
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Europe
European digital freight marketplace sennder raises Series B financing
sennder has raised investment to expand its digital freight markeplace footprint across Europe.
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Logistics
Fast Radius raises $48 million to scale up its additive manufacturing capacity
Fast Radius, a leading manufacturing technology company, has announced its Series B financing round of $48 million led by UPS, with strong insider participation from…
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Logistics
Indian logistics startup Delhivery attains unicorn status with new financial raise
India-based logistics startup Delhivery has secured $413 million in new funding with Japan’s SoftBank leading the round.
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News
Indonesian digital freight startup Kargo Technologies raises $7.6 million in seed funding
Kargo Technologies is an online freight logistics marketplace that connects commercial shippers with truckers across Indonesia.
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