Gatik runs dozens of driverless trucks today and wants thousands. A $200 million Series D led by Qatar Investment Authority and Koch Disruptive Technologies funds the jump.
As enterprise retailers add regional carriers, 3PLs and gig couriers, Burq is pitching one layer to route, monitor and redispatch every order before the delivery promise breaks.
Terminal closed a $20 million Series A led by Battery Ventures, betting that one API reaching 325 telematics providers beats the integrations insurers and fleets build one at a time.
Field Ventures led the seed round. Freight Hero charges brokers a flat fee per load and says AI agents handle more than 90% of customer load touches, with human operators on the rest.
By Satish Jindel On Monday, FedEx Corp. spun-off its Freight division. What is left is the combined network of FedEx Express and FedEx Ground. It’s an opportune time to remember that FedEx (NYSE: FDX) would be a distant third-place parcel carrier in the U.S. market without the acquisition of RPS as part of the $2.4 […]
With its $95M raise, Loop is building the foundational data platform that turns trapped operational data into strategic decisions across logistics, finance and supply chain.
The Houston company landed a 231-mile empty-cab run from Houston to Hutchins on time with zero humans or remote assistance.
Humble Robotics emerges from stealth with $24M seed funding and the Humble Hauler, a cabless autonomous electric truck for dock-to-dock freight.
Amid 18-month expansion Qargo quadruples customer base, grows processed invoicing to $2.5 billion
Neo-carrier model seeks to combine technology, capital and operations to electrify and digitize European freight at scale
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.
A California startup wants to repurpose a lightly used freight route for a luxury overnight train connecting Los Angeles and San Francisco.
Kodiak Robotics announced Monday it has entered into an agreement with Ares Acquisition Corp. II, a publicly traded special purpose acquisition company.
Grant Goodale, co-founder and chief experience officer of digital trucking network Convoy, announced this week he is stepping down from the startup.
Einride has raised $500 million through a combination of equity and debt financing, giving it more funding to accelerate deployment of its autonomous and electric vehicles.
Middle-mile technology company Warp is joining the Urban Freight Lab to help study last-mile delivery efficiency.
Cummins CEO: ‘At some point the low-carbon thing becomes the main thing. And [diesel] becomes the niche business.’
“Our goal at FreightFlows is to make near-term market predictions to help vessel owners, traders, brokers and charterers have much better decision-making power in the international freight markets today,” said CEO Matt Morgan.
More venture capital flowing to maritime tech startups – and more shipping companies giving those startups a trial run.
Certain types of business models are more attractive to venture capitalists.
