Lyric has secured a $43.5 million Series B round to fuel the growth of its AI-driven supply chain intelligence platform, a sign of both the company’s momentum and the broader shift in investor attention toward technology that can keep pace with increasingly complex global logistics. The round reflects the market’s appetite for tools that go […]
Germany-based DHL Group has made a series of management changes in the past month, including new CEOs for the Forwarding and Supply Chain divisions.
“I think this acquisition sends the message to the market that we are here to add real value,” said Ship Angel founder Graham Parker.
Companies and governments are moving to de-risk their supply chains, says CNN and Financial Times economics expert Rana Foroohar.
“It’s not a one-size-fits-all scenario. We can sit down with any merchant of any size, with any kind of commodity and really understand their needs and how both the technology and our carrier network can get that customer delivery experience they are looking for,” said Brad Noble, Passport’s new head of business development.
Blockchain technology provider CargoX believes skeptics shouldn’t be bystanders in the creation of global shipping data standards.
“Whether a company is big or small, they all need to provide visibility to their customers. … If a company can’t provide delivery dates, process inventory efficiency and delivery on-time then the customers will go somewhere else,” said project44 founder and CEO Jett McCandless.
“This new funding will help us accelerate development of our platform and add even more data sets to enrich our expert industry analyses to further drive transparency in the market,” says Xeneta co-founder and CEO Patrik Berglund.
In a Q&A with FreightWaves, Shifl CEO Shabsie Levy says of current general rate increase global shipping practices: “It essentially incentivizes chaos and disruption but yet doesn’t play in anyone’s favor.”
“Terra is the largest transportation solutions company … that you’ve probably never heard of,” said the founder and chief operating officer of Terra Worldwide.
FedEx and FourKites are going global with a partnership that will launch a new supply chain intelligence platform, FourKites X.
Kai Timmermann says the FMC’s “relatively standardized narrow dataset will solve a large portion of operational issues” in global shipping.
FreightWaves Founder and CEO Craig Fuller analyzes the impact of the latest Chinese lockdowns on the supply chains between China and the U.S.
GEODIS’ Rene Bach-Larsen shares how the global logistics provider plans to respond to market challenges.
According to the Austin, Texas-based company, the average purchase order has a 52% chance of changing before it is delivered by the vendor.
“Combining our visibility technology with a sophisticated fintech product will allow companies to make their payments around real-time updates,” says the founder and CEO of Shifl.
All cell and gene therapies are composed of living cells with limited life spans, making it crucial that they are transported on time and in pristine condition.
FreightWaves CEO Craig Fuller provides analysis regarding the Infrastructure Investment and Jobs Act.
FreightWaves CEO Craig Fuller describes the current and future opportunities in supply chain technology.
