Amid 18-month expansion Qargo quadruples customer base, grows processed invoicing to $2.5 billion
SONAR goes much deeper in volume data with a new tender source.
p44 is shipping software faster, with fewer people.
Truckstop.com has launched the freight industry’s first load board exclusively for dry vans, aiming to provide an affordable edge for owner-operators and small fleets.
The freight industry is full of fragmented workflows, thin margins and outdated technology. Mentium is aiming to change the way freight brokerages operate. The Austin-based startup announced a $3.2 million seed round this week, led by Lerer Hippeau with participation from Matchstick Ventures, Tower Research Capital, Antler, MBA Ventures, and angel investor Michael Witte. Mentium’s […]
Home goods retailer Ikea has acquired U.S.-based logistics technology company Locus to improve its final-mile delivery network.
Rose Rocket announced Monday that it has acquired Toronto-based technology provider Centro.
Alvys has secured $40 million in Series B funding to accelerate its mission of transforming freight operations through AI and automation. The round, led by RTP Global with participation from Alpha Square Group, Titanium Ventures, Picus Capital, and Bonfire Ventures, brings the company’s total funding to $77 million. The investment comes just over a year […]
Triumph is raising the stakes in freight tech with the launch of its integrated Pricing and Performance Intelligence solution, a platform that blends rate prediction, carrier scorecarding, and capacity sourcing into a single tool for brokers. Built on the combined data of Greenscreens.ai and Isometric Technologies (ISO), the new system is designed to help brokers […]
The Tech Roundup is a weekly rundown of advancements and news in the FreightTech space. This week: Ordoro & DropStream Partner to Streamline 3PL Fulfillment for E-commerce Merchants, PS Transportation Partners with Hyperscale Systems to Eliminate Driver Hold Times with VIC, a Breakthrough Digital Driver Assistant, HERE & Radaro Partner for Next-Gen Route Optimization and […]
The freight industry has long struggled with a fundamental problem: messy, fragmented data. Manual check calls, siloed platforms, and limited visibility still define how billions of dollars’ worth of freight moves across the U.S. every year. Catena, a New York–based startup, believes it has found the solution, a neutral data infrastructure layer designed to connect, […]
The Tech Roundup is a weekly rundown of advancements and news in the FreightTech space. This week: Tai and Navix team up to simplify freight audit and accelerate cash flow, Highway expands McLeod integration, and Roambee rebrands to Decklar. Tai and Navix team up to simplify freight audit and accelerate cash flow The often-overlooked world […]
TruckSmarter funding boosts AI tech with a $16M investment, transforming trucking load boards for drivers.
Wirebee automates 40-90% of a broker’s inbound calls.
Discover how Augment’s AI logistics platform is transforming the industry with a new $85M investment.
Robinson has deployed a suite of 30 differentiated AI agents.
Descartes missed fiscal second-quarter expectations Wednesday after the market closed.
FleetWorks has proven value from their AI FreightTech solutions and won FreightWaves’ inaugural AI Excellence in Supply Chain award. This accolade acknowledges FleetWorks’ innovative approach to addressing some of the most persistent challenges within freight brokerage and small fleet operations, most notably the intricacies of carrier management and load matching. Brokers and carriers face a […]
p44’s new mantra: Connect, See, Act, Automate.
Enhance carrier vetting and onboarding with MyCarrier Portal’s integration for improved safety and fraud prevention.
Payables automation platform BravoTran announced the addition of receivables capabilities with the acquisition of Keystroke.io.
An auditor inspects and cleans AI work in realtime.
Dramatically reduce time from data acquisition to actionable insights.
Qued’s AI predicts optimal slots based on real-time data like ETAs and facility capacity, reducing no-shows by 90%.
CloneOps.AI built solutions for a range of industries.
Trusted Freight Exchange enhances security in freight with identity and compliance tools.
Pallet emerged as a FreightTech trailblazer and became a winner of FreightWaves’ inaugural AI Excellence in Supply Chain award for its cutting-edge solution, CoPallet. The company is confronting a significant inefficiency in the supply chain industry, where manual workflows such as quoting, load building, rate negotiation, and updating portals have become bottlenecks. These repetitive tasks […]
FreightWaves’ FreightTech Awards highlight innovation in freight technology. They spotlight the top 100 FreightTech companies and the top 25 winners selected by industry experts.
Combating fraud and making cold chain more accessible make up the tech roundup of the week.
The integration introduces Toll Genius to users to automate billing hurdles.
Global supply chain SaaS provider Descartes announced on Monday that it has acquired cloud-based inventory management company Finale Inventory for $40 million.
Tech and transportation providers among those honored.
Octup, a Tel Aviv-based AI operations platform for third-party logistics providers, has raised $12 million in seed funding co-led by Shine Capital and JAL Ventures. The investment will fuel growth, AI enhancements and North American expansion in the $1.877 trillion industry.
Freight Industry Pioneer Joins REPOWR to Lead Expansion in the B2B Trailer-Sharing Space REPOWR, the leader in the B2B trailer-sharing space, is excited to announce the appointment of Chris Hines as the company’s new Chief Executive Officer. With over 38 years of experience in the transportation and technology sectors, Hines brings a wealth of leadership, […]
Recent advances in AI are transforming FreightTech.
Motive combines fleet and spend management.
Truckstop operationalizes its vast data warehouse with AI.
The deadline is July 18, 2025.
Tive has raised the bar for high-value shipment security.
Supply chain SaaS provider Descartes said a 7% reduction in head count is prudent given uncertainty in the market.
Transportation management systems are going to play a big role for shippers dealing with tariff wars, says logistics expert Bart De Muynck.
Turvo said Thursday that SMC3’s less-than-truckload freight management tools can now be accessed through its TMS.
The cloud-based TMS provider was founded in 2013.
Coursing through the different segments within FreightTech, just as with cloud computing before it, are big bets on AI.
Componentized microservices let companies implement only the TMS features they need, avoiding the bloat and cost of a traditional TMS.
The story of venture capital in 2024 was one of resilience and green shoots, but also one of hype in which the big fish ate the little ones.
An aging workforce and President Trump’s tariff policies are steering companies toward adopting more technologies that optimize workflows as well as health and safety.
SONAR data will power Transfix’s predictive rating models for freight brokers.
The FreightWaves FreightTech 25 list shows some of the most cutting-edge technology in the industry and identifies several trends that could disrupt the sector moving forward.
Freight asset intelligence platform GenLogs is now using its carrier identification data to help law enforcement solve thefts.
Josh Allen, chief commercial officer at ITS Logistics, spoke Thursday about investments the logistics industry should make in 2025 to develop their companies and workforce.
Intermediaries and incumbents roared back in the FreightTech 25 rankings during a protracted soft market for freight.
FreightWaves’ F3: Future of Freight Festival continued into its second day with more rapid-fire FreightTech demos on Wednesday.
Speaking at FreightWaves’ F3: Future of Freight Festival, John Larkin, senior partner at Venture 53, discusses what he looks for in an early stage company.
FreightWaves’ F3: Future of Freight Festival saw speedy demos from over a dozen industry innovators sporting all kinds of FreightTech.
As FreightVana CTO Don Everhart moves into his new role at Transflo, he answers FreightWaves’ questions on hot FreightTech topics.
To view more FreightWaves infographics, click here
Less-than-truckload booking platform MyCarrier announced Wednesday it has acquired supply chain payments platform Curant.
ShipHero is separating its warehouse management system from its fulfillment business by launching a subsidiary 3PL, LVK, to better focus on customers. The move is to better position itself in the industry as the freight recession continues and venture capital in the FreightTech community becomes scarcer.
MyCarrier asked a Delaware judge to stop project44 from cutting off visibility data to MyCarrier.
FreightTech hasn’t solved freight fraud, and regulators can’t figure out who is regulating it. Is there a solution?
Ex-Slync CEO Chris Kirchner was sentenced to 20 years in federal prison Thursday in the U.S. District Court for the Northern District in Fort Worth, Texas.
Ex-Slync CEO Christopher Kirchner was found guilty Thursday of four counts of wire fraud and seven counts of money laundering following a four-day jury trial in the U.S. District Court for the Northern District in Fort Worth, Texas.
Fleet telematics provider Samsara Inc. (NYSE: IOT) filed suit against rival Motive Technologies in federal court Wednesday, alleging Motive, formerly KeepTruckin, copied and used its proprietary technology and engaged in false and misleading advertising.
FreightWaves spoke with experts from across the supply chain about technology lessons learned in 2023 and what strategies will succeed in 2024.
FourKites’ president is no longer with the company. He joined in April. The visibility platform announced other new leaders on Wednesday.
This year’s list saw a sizable shake-up, with 17 newcomers and a high number of mainstays being left off the FreightTech 25.
Innovation in freight goes beyond technology. While many major FreightTech companies have gone bankrupt, it does not mean that innovation is lacking or that every tech company is doomed to fail.
Find out who the unsung FreightTech disrupters are and how they provide unique tools to help shippers.
Startup Flipturn really was named for the swimming maneuver. Now it wants to make trucking electrification just as smooth.
Convoy’s new system uses machine learning and other tools to identify possible fraud.
Investors are looking for revenue quality and efficient growth.
According to Terminal Industries, 92% of yards lack technology solutions to eliminate wasted capacity, drive down unforeseen costs and improve inventory operations, leading to $146 billion in excess transportation costs.
Freightos, a digital marketplace for international air and ocean shipping, announced Tuesday that it will reduce staff levels by 13% and lowered its full-year outlook again in an effort to stem mounting losses as revenues fall short of expectations because of a prolonged downturn in freight markets. The news is the latest example of the […]
Yesterday’s emerging technology is today’s table stakes for supply chain participants.
Like many FreightTech companies that have laid off workers in recent months, CloudTrucks blames the declining freight market for the job cuts.
Four supply chain-focused firms have secured a combined $70 million in funding amid a sluggish investment market.
“Once shippers get up and running on GoodShip, they invite their carriers onto the platform. This creates a multiplayer experience where each party has access to modern analytics, creating a single source of truth,” says CEO Ryan Soskin.
“TrueTMS carries a price point that is affordable for a one- to 20-truck operator to purchase,” says T3 Tech’s George Thellman.
Freight reservation aggregator Freightos issued its first earnings report as a public company. Reducing losses continues to be a challenge in a difficult economy.
Less-than-truckload booking platform MyCarrier is automating insurance coverage for the 10,000 shipments it is booking daily.
In partnership with Parade, McLeod Software’s digital freight matching API equips brokers with best-in-class capacity management.
Supply chain technology startups have “a level of staying power,” says Ironspring Ventures investor Natan Ruddy.
7LFreight is a Freightos company that gives freight forwarders the ability to compare less-than-truckload prices by lane and execute a move.
Freight technology buyers should carefully assess their mindset when it comes to purchasing new technology in times of a less robust market.
With investor appetite shrinking, will FreightTech companies feel the pain in 2023? A recent survey shows mixed results.
IFS democratizes 3PL software for companies large and small.
Por segundo año consecutivo, project44 ocupa el primer puesto
The 2023 list saw a mix of award mainstays and brand-new names. Nos. 1 through 7 all claimed their fifth straight award — meaning they’ve found their way on the FreightTech 25 each year since 2018, when the series was founded.
San Francisco-based Loop wants to simplify logistics payments through a fundamentally different approach to technology.
Powerfleet takes the high cost and complexity out of data integrations.
An overview of F:3 Future of Freight Festival, Day 3.
Warehouses are turning loss to profits with CartonCloud’s WMS.
Woodlawn Partners leads the debt and equity co-investment with Monroe Capital.
“Their truck-first mentality is the right approach to win the highly fragmented road freight industry,” says a Founders Fund partner on its recent investment.
FreightTech 100 nominations end soon It’s the second most wonderful time of the year behind college football returning. If you or someone you know is innovating or disrupting the freight industry, the nominations for the annual FreightWaves FreightTech 100 are ending on Friday. To submit a nomination, use the link here. An external peer group […]
La startup tiene un enfoque único de distribución y monetización
The startup will hit an $11 million annual run rate in September.
Crowley Solutions CPO Shashank Panchangam explains how siloed data will stall the industry’s fintech future.
This white paper explores the challenges in the logistics procurement market and the tactics best-in-class teams use to regain control of capacity and cost while ensuring procurement excellence.
