Grant Crawford has been promoted to President at Emerge, the Leto brothers’ third and current freight tech startup. Crawford began his career in logistics in 1991 as a package handler for FedEx Ground when it was just getting started and eventually rose to VP of international operations, overseeing the company’s expansion into Canada. Andrew and …
Delivery firm Roadie Inc. said today it has landed $37 million in funding from an investor group that includes retailing giant The Home Depot, Inc., (NYSE:HD) one of Roadie’s customers. The round, which brings Roadie’s total funding to $62 million, is unusual because retailers, and especially customers of their delivery vendors, typically shy away from …
Roadie’s new funding round comes with an orange twist – FreightWaves – Mark Solomon Read More »
FreightWaves founder and CEO Craig Fuller at marketwaves18. photo credit: FreightWaves/josh roden FreightWaves closes $20 million Series B funding round FreightWaves, the leading provider of data and news for global freight markets, announced that it has successfully raised $20 million in a Series B financing round, bringing its total funding to nearly $40 million. The …
By Erica E. Phillips Crowdsourced delivery company Roadie Inc. has raised $37 million in new funding that includes investment from Home Depot Inc., boosting dollars available for marketing efforts with big retailers and for building out its technology. The Atlanta-based startup has been providing same-day delivery services through its “on-the-way” model, which uses an app …
ByErica E. Phillips SoftBank Group Corp.’s Vision Fund is diving into the global freight business, leading a new $1 billion round of funding in Flexport Inc., a six-year-old international shipping broker built by Silicon Valley technology developers. Based in San Francisco, Flexport arranges ocean- and airfreight shipments for retailers and manufacturers—a $2 trillion global business …
CarrierLists, a firm that surveys small trucking carriers about their equipment, location and preferred lanes, has published the results of its digital freight brokerage/load-matching app study. In a survey conducted during January 2019, 113 small carriers (three trucks or fewer) answered questions about which load-matching apps they had downloaded and which ones they used on …
Truckstop.com’s freight matching and load board has a new partnership with WeFixFreight.Com, a freight remediation service provider for shippers, 3PLs, brokers, and carriers in the United States. Truckstop.com customers will have access to a nation-wide emergency services network to handle freight issues that include tipped or shifted loads, re-delivery and cross-docking, mold and moisture, product …
Truckstop.com adds freight remediation service with new partnership – CCJ – CCJ Staff Read More »
The new CEO of broker and third-party logistics (3PL) provider C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) said his company expects to absorb low to mid single-digit increases in contract rates this year, while spot market rates will stay soft. In an interview Friday with FreightWaves, Robert Biesterfeld, who last week was tapped by the Eden Prairie, …
In the not-so-distant future, matching loads with trucks might be as easy as catching a ride across town using the Uber app. In fact, Uber Freight is among a number of technology companies trying to digitize the process. In the meantime, the road leading to supply chain automation is under construction. Signs of the road …
(Photo: Redwood Logistics) Redwood Logistics announced its acquisition of Strive Logistics Monday, cementing Redwood’s place as a top-15 truck broker and an emerging multimodal logistics provider with over $1 billion in freight under management. The acquisition gives Redwood, a leading Chicago-based brokerage and third-party logistics provider, the scale it needs to compete at the highest …
