Vishnu Rajamanickam

Indonesian digital freight startup Kargo Technologies raises $7.6 million in seed funding – FreightWaves – Vishnu Rajamanickam, Staff Writer

By / 2020-09-13

Kargo Technologies, an Indonesia-based logistics startup, has raised $7.6 million in its seed round of funding, led by Sequoia Capital India. The investment round also saw Uber founder Travis Kalanick’s 10100 Fund join the funding round, along with Patrick Walujo, the co-founder of Northstar Group. Kargo is a digital freight marketplace that plans to connect …

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BiTA blockchain standards bring the industry closer to seamless shipment tracking – FreightWaves – Vishnu Rajamanickam, staff writer

By / 2020-09-13

Today, the technology of blockchain has gained a firm foothold in the logistics and supply chain industry. Several blockchain pilot programs have been initiated across the ecosystem by companies that are looking to improve transparency and visibility in their supply chains – a sign of healthy cynicism to have front-row seats on the blockchain bandwagon. …

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Daimler is launching a digital platform to connect carriers with its spot loads – FreightWaves – Vishnu Rajamanickam, Staff Writer

By / 2020-09-13

The rise of logistics startups in the freight industry over this decade has been nothing short of game-changing – both in increasing operational efficiency and also in easing the way business is done. Industry front-runners comprising the who’s who in the logistics space are jumping on the technology bandwagon as they see vast dividends in …

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Go99 breaks the revenue barrier, eyes U.S. expansion – FreightWaves – Vishnu Rajamanickam, Staff Writer

By / 2020-09-13

Go99 hopes to expand its freight matching platform to include U.S. states on the West Coast. Go99, a digital freight-matching marketplace based out of Vancouver, Canada, has achieved a major milestone of reaching over $1 million in revenue and 1,500 users registered in third quarter, it announced. It is now planning to scale with its …

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TGMatrix builds a freight matching engine – FreightWaves – Vishnu Rajamanickam, Staff Writer

By / 2020-09-13

Some 28% of all miles driven by trucks in England are empty. ( Photo: Shutterstock ) The process of matching freight is complicated – with many parameters involved in exploring thousands of different possible combinations in real time and in identifying the best possible match to the parties involved. TGMatrix, a startup based out of …

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LoadExpress trying to tap into freight market – FreightWaves – Vishnu Rajamanickam, Staff Writer

By / 2020-09-13

LoadExpress is another entry into the digital freight matching sector, but it believes its mix of technologies will make it success. ( Photo: Shutterstock ) With the freight industry being one of the largest contributors to the U.S. economy, it is imperative that it makes way for technology infusion. San Diego-based startup LoadExpress is looking …

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Data disruption in logistics – FreightWaves – Vishnu Rajamanickam, Staff Writer

By / 2020-10-07

One of the biggest trends in the field of freight logistics is the digitization of the trucking industry, which has a market of over $700 billion every year. Traditionally, truckers write out their logs on paper, carriers audit those logs, which can be a logistical nightmare. Tracking drivers through phones can also be a problem …

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