Article written by Jack Glenn Back-office automation platform HubTran has announced a partnership with 3PL Systems Inc., creator of the Brokerware transportation management software for freight brokers and logistics providers. The integration allows 3PL Systems users to automate manual back-office processes and reduce operating costs using HubTran’s artificial intelligence (AI), optical character recognition (OCR) and machine learning (ML) […]
July 14, 2020
Article written by John Paul Hampstead Last week, Liftit, the Colombia-based freight tech startup automating last-mile logistics in Latin America, announced that it had closed a $22.5 million Series B round led by Cambridge Capital, with participation from IFC, monashees, Jaguar Ventures, NXTP Ventures and others. Liftit estimates that the “short distance trucking market” in
Article written by Isabelle Kirkwood Edmonton-based Intelligent Imaging Systems (IIS) and its subsidiary, Drivewyze, which develops safety and efficiency solutions for the transportation industry in North America, have closed $81.7 million CAD ($60 million USD) in funding. This brings Drivewyze’s total funding to date to $136 million CAD ($100 million USD). “Our strategy is to leverage
Spot van rates averaged $1.80 per mile nationally in June, up 21 cents compared to May. The rate increase is indicative of a seasonal surge in freight posted on the DAT One load board network. (Courtesy: DAT Solutions) PORTLAND, Ore. — Spot market rates and volumes increased across all equipment types as economic demand returns
Article written by Khyathi Dalal Blue Bird (BLBD -0.1%) awarded a transportation management services contract to Transplace, logistics technology and services provider, in order to reduce its school buses ownership cost and thereby route money to classrooms. It will provide strategic over-the-road capacity, with intermodal and truck brokerage capability, including cross-border customs and logistics services across North America for Blue Bird. Transplace’s
Premier managed transportation provider chosen for its ability to deliver service and cost outcomes via its innovative global logistics platform DALLAS–(BUSINESS WIRE)–Transplace, the premier provider of logistics technology and services, today announced Blue Bird (NASDAQ: BLBD), the leading independent designer and manufacturer of school buses, awarded it a new transportation management services contract. Transplace will provide strategic
Collaboration will integrate C.H. Robinson’s Navisphere® and Microsoft Azure cloud technologies to make real-time visibility possible in supply chains and accelerate innovation in transportation EDEN PRAIRIE, Minn. and REDMOND, Wash., July 14, 2020 /PRNewswire/ — C.H. Robinson and Microsoft Corp. on Tuesday announced they are joining forces to digitally transform supply chains of the future by combining the power
EDMONTON, Alberta–(BUSINESS WIRE)–Intelligent Imaging Systems Inc. (IIS) and its wholly owned subsidiary Drivewyze Inc., the leading providers of safety and efficiency solutions for the transportation industry in North America, announced today the close of a $60 million (USD) minority financing by Sageview Capital, a growth capital firm investing in leading tech-enabled businesses. This new investment