Kuehne + Nagel

InstaFreight solves road freight visibility issues through digitalization – FreightWaves – Vishnu Rajamanickam, Staff Writer

By / 2020-10-07

 InstaFreight solves road freight visibility issues through digitalization (Photo: Shutterstock) Much like the road freight industry in the U.S., its European counterpart suffers from similar issues with fragmentation and low visibility into logistics operations, brought about by the lack of digitalization across large swathes of the market. Through its customs regulations, the European Union has …

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Lori is driving visibility and transparency in emerging markets’ chaotic logistics systems – FreightWaves – Vishnu Rajamanickam, Staff Writer

By / 2020-09-13

While the U.S. spends about 7.5 percent of its GDP on logistics and transportation, many emerging market economies spend much more on this sector. Because of this cost structure, goods from emerging markets are often uncompetitive on the global markets and unaffordable in their local markets. Lori, a Kenya-based e-logistics startup, is looking to drive …

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

By / 2020-09-13

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 …

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Why Road Freight Needs to Go Digital—Fast

By / 2020-09-13

Road freight incumbents may not like it, but disruption from digital challengers is on their doorstep. Having transformed consumer-oriented industries such as retail, entertainment, and travel, digital startups are beginning to make inroads in commercial-oriented industries. Road freight, which is highly fragmented and dominated by manual processes, is seen by digital challengers as overdue for …

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