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.
