VAYAVISION, an Israeli startup that works on providing raw data fusion and perception systems for autonomous vehicles has raised $8 million in seed financing, which it plans to invest in its productization process.
From on-demand trucking to blockchain, loadboards and freight matching, the list of companies bringing innovative technologies to the freight industry is growing by the day, which makes the 100 that have made the cut to be honored by the FreightWaves Research Institute as part of its inaugural Freight.Tech 100 all the more special.
35 companies are being spotlighted in Venture Atlanta 2018, double the number of last year. These companies are already successful and making strides in a variety of venture and tech-related firms. Here’s a brief look at 10 of these companies, each of whom had a mere 5 minutes to pitch.
It started with an open nomination period, and after culling through hundreds of submissions, the FreightWaves Research Institute has announced the inaugural Freight.Tech 100 companies.
Dave DeWalt has been a part of creating 17,000 jobs, $20 billion in shareholder value, $2 billion in revenue, and has 32 years in high tech.
As e-bike sharing startups flush cities with bikes for rent at dirt cheap prices, city administrations need to take a look in and understand the impact an unregulated e-biking scene could have on its roads.
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.
Edge technology and infrastructure will play a key role in everything from autonomous, to final-mile delivery applications, to IoT solutions and smart cities as a whole.
Mike Roeth, executive director of NACFE, spoke last week at the Meritor/P.S.I. Fleet Technology Event, telling the audience that one of the lessons he learned from NACFE’s Run on Less program in 2016 was that drivers still have plenty of influence over fuel economy, despite technology advances.
Netradyne, a startup that uses computer vision to understand and improve driver behavior, has raised $21 million in its Series B funding, led by Microsoft’s venture arm, M12.
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.
Major drayage operator at U.S. busiest port complex looks to all-electric truck to hit emissions reduction goal.
Hyperloop is a technology that has been touted an exciting prospect in the transportation vertical. What is it about and how could it help improve the industry?
Venture capital-backed firm incorporates road, weather and hours-of-service data to providing real-time tracking.
In addition to funding the FAA for the next five years, the bill includes language that could be used to further integrate unmanned aircraft systems, like drones, into the commercial landscape.
As part of a wide-ranging DOT initiative to prepare for driverless vehicles, FMCSA will address regulations that could be slowing the development of these technologies in the commercial vehicle space.
GuardKnox, an Israeli vehicle cybersecurity startup is bringing in technology from the defense sector to make sure vehicles stay safe from data breach and cyberattacks.
What do you get when you combine a last-mile delivery solution company with a semi? You get an autonomous truck startup that’s skipped a few steps ahead of the competition.
UNCTAD expects volumes across all maritime segments to grow in 2018. However, it warns that trade wars can disrupt the global trading system and there is a need to assess the implications of vertical integration within the industry, addressing any potential negative effects.
Additional robotic deployment comes as XPO readies for seasonal rush.
Industry participants want practical applications. They want to know what’s happening, and whether or not it’s an actual solution for their needs.
Newly launched venture called Transmission aims to bring low-cost ELD product to drayage and intermodal motor carrier.
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.
Two of McLeod’s clients talk about how they use profitability analysis tools daily and how they drive better business decisions.
Even for small decisions you make, the computer is calculating millions of small permutations every time. If you do this thousands and thousands of times, the tool gets better and better.
Capacity creator, waterfall tendering, and max buys based on near-time market rates should help make brokers even more productive.
With the explosion in tech over the past few years in transportation, it’s increasingly urgent to provide real solutions with systems integration capabilities that let drivers, carriers, accountants, managers, and brokers tap into innovation and information.
Start-up looks to spread adoption of more nimble APIs to replace legacy EDIs used widely in transportation industry.