logistics
The Swiss startup has closed out its Series D at $116 million, which it will use to double down on working with companies operating in Asia and the U.S.
Flexport, a logistics company with $2.7 billion in funding, is reportedly planning additional layoffs.
Memphis-based Dextrous Robotics is calling it a day. The news, noted by the Robot Report, was confirmed by the warehouse robotics firm’s CEO, Evan Drumwright, on LinkedIn. The executive spells…
In Western markets, freight forwarders are well into digitizing their operations, but the same doesn’t hold true in Southeast Asia, say the founders of Fr8Labs. The reasons for that include…
Amazon this morning announced an expansion of its logistics network that will allow its selling partners to move their products in bulk from Amazon’s low-cost storage service, Amazon Warehousing Distribution…
Managing returns efficiently is a necessity for online sellers; to keep their customers happy to retain them, but also because reducing their environmental impact becomes no longer optional.
Sendy, a Kenyan logistics startup that enabled retailers to purchase FMCGs directly from manufacturers, among other services, is shutting down its operations and exploring a sale of its assets, TechCrunch…
In 2015, Justin Sky, Justin Bailie and Alexander Luksidadi — all veterans of the trucking and logistics industry — came to the realization that, in order to reach a stage…
Haul247, a Nigerian end-to-end logistics platform connecting businesses to haulage and warehousing assets, has raised a $3 million seed round. Investing fund Alitheia Capital, through its Umunthu Fund in partnership…
In 2018, Matt Lafferty and Brian Gonzalez co-founded Curri, a tech platform focused on last-mile logistics for the construction industry. Their goal, they say, was to help customers, specifically distributors,…
Alibaba founded Damo Academy in 2017 to carve out a program focused on cutting-edge research that is relatively free of short-term money-making pressure. One of the Academy’s 16 labs conducts…
Cold-chain startup Figorr raises $1.5M, backs the rollout of data-driven perishables insurance
Oghenetega Iortim built Nigerian-based cold-chain startup Figorr after imagining better means of storage and transportation of temperature-sensitive products, following the post-harvest losses from his fresh agro-produce venture. Figorr (previously Gricd)…
Signaling that investments in the supply chain sector remain robust, Pando, a startup developing fulfillment management technologies, today announced that it raised $30 million in a Series B round, bringing…
Easyship, the New York- and Singapore-based startup that enables e-commerce sellers to integrate with more than 250 courier services, announced today it has expanded its partnership with eBay to support…
ZEBOX, an international accelerator network founded by shipping conglomerate CMA CGM to introduce more tech innovation into the supply chain industry, announced today the launch of its APAC headquarters. Based…
After selling their hospitality tech startup, Teranga, in 2018, Senegalese brothers Moustapha and Alioune Ndoye ventured into the trucking business as they pondered their next move. However, it soon became…
I took a deep dive with Covariant co-founder and CEO Peter Chen at ProMat the other week. The timing was either perfect or terrible depending on who you ask. I’m…
A startup called Venti Technologies has raised $28.8 million, a Series A that it plans to use to continue building its software, partner with third parties for hardware, and to…
Featured Article
Conventional wisdom
If you’d told me five years ago that I would be flying to Chicago in March to attend a supply chain and logistics show, you would have been greeted by a momentary blank stare, followed by the image of a man attempting to determine in real time where his life…
Somewhere along the way, ProMat turned into a robotics show. It’s no surprise, of course. Logistics and automation go hand in hand these days. In the decade since Amazon absorbed…
There’s a long-standing debate in the world of logistics robotics. On one side stand the greenfield folk, who insist that the best possible experience is one built from the ground…
Another industrial automation firm is bucking VC slowdown, as Plus One Robotics this morning announces a $50 million raise. The Series C brings the San Antonio-based firm’s total funding up…
Businesses dependent on the physical supply chain face a number of potential roadblocks. Customers expect fast deliveries with visibility into each step, but costs —…
When we talk about e-commerce logistics, we think of an industry controlled by entrenched players like Amazon, FedEx and national postal systems. At the start of the pandemic in 2019,…
Supply chain management software startup Slync, which was at one point valued at $240 million, hasn’t had the easiest go of it lately. Slync’s founder, Christopher Kirchner, was charged by…
BlueCargo has raised $11 million in a new round led by Soma Capital and Left Lane Capital. The company optimizes logistics in port terminals and reduces late fees for drayage…
Korea’s Portlogics makes international shipping easier for merchants with its software tool
Most merchants in South Korea keep track of their international shipping logistics via email until their cargo safely gets to its destination. This includes all the administrative processes, from shippers…
For freight forwarders, procuring pricing data for their customers usually involves going to multiple sources, and then consolidating information into spreadsheets. That’s time-consuming and complicated, especially since pricing data constantly…
When Constantin Robertz was working at Zalora, he was involved in moving warehouses six times as the e-commerce company outgrew its logistics infrastructure. This inspired him to co-found Locad, a…
If we don’t act and improve shipping technologies, the logjams we’ve had to endure in the past two years will become commonplace.
