Investment
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Technology
OneRail raises $5.8 million to build on its omnichannel fulfillment solution
OneRail is a last-mile orchestration and fulfillment platform that consolidates the needs of shippers and retailers onto a single platform.
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Business
Maven Machines raises $7 million to scale up fleet management platform
The startup plans to triple its team size by the end of 2020.
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Company earnings
Mobility technology company Aptiv registers slow Q4 growth amid GM labor strike
Aptiv’s Q4 2019 U.S. revenue stood at $3.6 billion, a decrease of 1% year-over-year.
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New Tech
Toyota invests $394 million in flying taxi startup Joby Aviation
California-based electric air taxi startup Joby Aviation has raised $590 million in its Series C financing round.
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Europe
Drone delivery startup Skyports raises funding from DB Digital Ventures
U.K.-based drone technology startup Skyports operates across London, Los Angeles and Singapore today and plans to be a leader in urban aerial mobility.
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Europe
Rescue deal saves 6,500 jobs at Eddie Stobart
Shareholders of beleaguered U.K. trucking company Eddie Stobart have gone ahead and accepted a £55 million rescue deal that would help the company come out…
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American Shipper
DHL opens mega parcel center
The new 40,000-square-meter center is the size of five football fields and has a sorting capacity of 50,000 shipments per hour.
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Europe
Startup easing ecommerce returns logistics raises investment from Maersk Growth
London-based logistics startup tailored to ease e-commerce returns.
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Logistics
Understanding startup investment dynamics within the logistics ecosystem
Venture capital investment in the logistics sector has seen a steady rise in the last decade and shows no signs of abating in the near…
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American Shipper
Maersk’s digital transformation shifts to warehousing
The shipping giant has teamed up with JDA to boost warehouse and supply chain visibility
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