Uber Freight introduces three new features to its app, making it more customizable and intuitive, and helping drivers and carriers better manage their loads and time schedules.
XPO Logistics was named to the Fortune Future 50 list of U.S. public companies while KeepTruckin and Transfix were both honored by Forbes as two companies likely to achieve unicorn status.
Though blockchain is a technology with immense potential, there needs to be some commercial incentive for food supply chains to adopt it in its mainstream processes – the absence of which might let the technology remain constrained to pilot programs.
Avancargo, a freight logistics startup from Argentina has on-boarded over 18,000 trucks on its platform and is helping them connect with shippers digitally.
The Indian trucking ecosystem suffers from a lack of visibility and transparency, which Vaahika is looking to address by digitizing logistics and creating a bridge between carriers and shippers.
Loadsmart, a logistics technology company that uses data analytics to provide instant quotes and capacity, has raised its Series A financing led by Maersk Growth.
Shipwell, a freight shipping platform that makes shipping a seamless experience for SMEs, has raised $10 million in its Series A financing round, led by Fifth Wall VC.
Two high school friends, one from Access America and one from JB Hunt, founded a successful brokerage in Knoxville full of supply chain management grads. And they love SONAR.
High spot market trucking rates have caused more carriers to move to that market, but the majority of carriers in a new Transporeon Group survey have remained loyal to their shippers.
Saudi Arabia and Russia are looking to contain crude oil prices by increasing production by nearly half a million barrels per day; China’s U.S. oil exports have dried up completely; Amazon warehouse workers lose their bonus over the company’s minimum pay rise pledge.
Industry veteran Jeffery Barrie has been named CEO of DB Schenker USA, effective Nov. 1, 2018. Barrie will lead all operations in the U.S. and report directly to Philippe Gilbert, Region Americas CEO.
In a time when consumers are opting to spend less time in the kitchen, restaurants and grocery stores, convenience is king and grocery delivery services are popping up everywhere.
An annual review of the logistics business gets published; dueling intermodal views; and a startup gets a big chunk of funding.
The annual report by Infosys and others reflects an industry that is largely satisfied with the work that is being done, but with a recognition of areas that need improvement.
China’s National Bureau of Statistics reported slowing growth pointing to weaker exports as the China Manufacturing Purchasing Managers Index (PMI) dropped to 50.8 percent, down 0.5 percentage points from the previous month to the second lowest reading in 12 months.
Home Depot is Uberizing same and next-day last mile delivery with two startups backed by UPS. It’s part of Home Depot’s $1.2B investment to makes its supply chains faster and more efficient.
Readers of the printed newspaper are on a decline. It is essential that distribution companies that cater to this audience adapt to change, and optimize their logistics processes to increase profits.
Prologis is making further investments in the communities it has developed by launching an internship program for high schoolers from under-served areas to enter the logistics industry.
Adrian Gonzalez, President of Adelante SCM explained that in order to compete in the ever-changing logistics environment, the best thing companies can do is define their own competitive weapon.
BiTA participated in the Singapore Week of Innovation and Technology (SWITCH) 2018.
