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Roadie Gains $37 Million to Expand Crowdsource Delivery Business – WSJ – By Erica E. Phillips

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 […]

Roadie Gains $37 Million to Expand Crowdsource Delivery Business – WSJ – By Erica E. Phillips Read More »

SoftBank’s Vision Fund Leads $1 Billion Funding Round for Shipping Broker Flexport – WSJ – By Erica E. Phillips

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

SoftBank’s Vision Fund Leads $1 Billion Funding Round for Shipping Broker Flexport – WSJ – By Erica E. Phillips Read More »

Freight-Tracking Startup FourKites Raises $50 Million in New Backing – WSJ – By Erica E. Phillips

Freight-tracking software startup FourKites Inc. has raised $50 million in new funding less than a year after its last round to back its expansion beyond trucking and U.S. domestic shipping. The Chicago startup gathers live location data on shipments from suppliers such as Land O’ Lakes Inc. to retailers and factories that help businesses at

Freight-Tracking Startup FourKites Raises $50 Million in New Backing – WSJ – By Erica E. Phillips Read More »

Convoy hits 100% automated load-to-truck matching in its top U.S. markets – Logistics Management – By Jeff Berman, Group News Editor

Seattle-based digital freight broker Convoy heralded a company milestone today for 100% automatic load-to-truck matching, minus human intervention, in key United States markets. Routes cited by Convoy, in this milestone, include: major West Coast markets such as Seattle, Portland and Los Angeles; Midwest routes from Chicago, Cincinnati and Milwaukee; routes from Texas markets such as

Convoy hits 100% automated load-to-truck matching in its top U.S. markets – Logistics Management – By Jeff Berman, Group News Editor Read More »

The evolution of the digital supply chain – Logistics Management – By Gary Forger, special projects editor

By Gary Forger, special projects editor Digitization of the supply chain is not new. Either as a concept or as a reality. But it does find itself in an interesting spot these days. Consider these three perspectives. “The ‘digital supply chain’ will be the logistics technology concept of the year.” That’s from Clint Reiser in

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Drayage is opaque, inefficient, and ripe for digitization

Drayage is one of the most opaque, inefficient segments in the American trucking industry, dominated by small, undercapitalized carriers using yesterday’s technology. What is drayage? It typically refers to the transport of freight a short distance between ports and warehouses as part of an intermodal network. The lack of visibility into this market contributes to

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Tech 25: Silicon Valley money and the network effect lead Convoy to #4 – NewsTechnology Freight.

Just three years after its founding in Seattle by two former Amazon executives, the leading digital freight brokerage Convoy reached a unicorn valuation and took the #4 spot in the Freight.Tech 25. Dan Lewis, co-founder and CEO, worked at Microsoft and Google before serving as the GM of New Shopping Experiences at Amazon. Grant Goodale,

Tech 25: Silicon Valley money and the network effect lead Convoy to #4 – NewsTechnology Freight. Read More »

Growing Logistics Startup FourKites Moving to Larger Office – Transport Topics

Shipping logistics startup FourKites is moving its office to the West Loop Gate neighborhood of Chicago, having outgrown its space in the Loop. The growing software company operates in an industry that is drawing increasing investment as e-commerce giant Amazon.com redefines consumers’ expectations regarding shipping and deliveries. After raising $35 million earlier this year, Chicago-based

Growing Logistics Startup FourKites Moving to Larger Office – Transport Topics Read More »

Getting ready for Demo Day at MarketWaves, part 3: more companies and what they’ll be showing

This is the third in a series previewing companies that will be presenting their technology solutions at Demo Day next week as part of MarketWaves18 near Dallas. You can see our earlier stories here and here.  Shipwell Shipwell is an online freight platform that assists small and medium-sized businesses to leverage data, and helps reduce

Getting ready for Demo Day at MarketWaves, part 3: more companies and what they’ll be showing Read More »

McLeod Software taking brokers, carriers deeper into freight matching – CCJ – Aaron Huff| @AaronHuffCCJ

As a farm boy, Clay Murdoch instinctively knows what to do when dew forms on cut hay in fields. As chief executive of Doug Andrus Distributing, he also knows what needs to be done in a hot freight market. “We need to bail hay,” said Murdoch on Monday, Oct. 1, during a breakout session at

McLeod Software taking brokers, carriers deeper into freight matching – CCJ – Aaron Huff| @AaronHuffCCJ Read More »

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