Logistics investors plunge cash into ‘proof of delivery’ tech startup A software vendor focused on letting shippers collect digitalized proof of delivery (POD) for drayage, less-than-truckload (LTL), expedited air, and final-mile moves has snagged a $5.5 million round of funding to expand the reach of its platform. New Jersey-based Clockwork Logistics Systems, founded in 2017 by INTTRA veteran… Logistics investors plunge cash into ‘proof of delivery’ tech startup Journal of […]
Read More →Logistics investors plunge cash into ‘proof of delivery’ tech startup
on September 13, 2021in Industry News
Vizion nabs second funding round of 2021 in red-hot visibility market
on September 10, 2021in Industry News
Vizion nabs second funding round of 2021 in red-hot visibility market Early-stage ocean freight visibility provider Vizion is tapping into growing shipper and forwarder demand for container status data, raising a second round of new funding in seven months, the company said Friday. Palo Alto-based Vizion’s new $3.25 million venture capital round is the latest in a… Vizion nabs second funding round of 2021 in red-hot visibility market Journal of Commerce
Read More →Magaya targets digital forwarding needs with dual acquisitions
on September 9, 2021in Industry News
Magaya targets digital forwarding needs with dual acquisitions Forwarding technology provider Magaya on Thursday acquired two companies to cater to global third-party logistics providers (3PLs) looking to improve their digital interactions with shippers around quoting and self-service tools. The twin purchases of Netherlands–based Qwyk and Boston-based SimpliShip will allow Magaya to… Magaya targets digital forwarding needs with dual acquisitions Journal of Commerce
Read More →Each link in the supply chain contributing to chaos
on September 9, 2021in Industry News
Each link in the supply chain contributing to chaos With the international supply chain going “off the rails” in a such a… Each link in the supply chain contributing to chaos Journal of Commerce
Read More →Singapore-based visibility provider latest to get VC backing
on September 8, 2021in Industry News
Singapore-based visibility provider latest to get VC backing Singapore-based technology provider Portcast has nabbed a $3.2 million funding round meant to expand its geographic reach, the latest example of how demand from shippers and logistics companies for predictive international freight visibility… Singapore-based visibility provider latest to get VC backing Journal of Commerce
Read More →Slync.io takes aim at connecting bookings to allocations
on September 8, 2021in Industry News
Slync.io takes aim at connecting bookings to allocations Technology provider Slync.io is arming logistics services providers (LSPs) with an “entry point” tool designed to better align space allocation needs for shippers with confirmed bookings from ocean carriers in an ocean market beset… Slync.io takes aim at connecting bookings to allocations Journal of Commerce
Read More →Rate gap widening for ‘preferred’ shippers: Xeneta
on August 26, 2021in Industry News
Rate gap widening for ‘preferred’ shippers: Xeneta While all Trans-Pacific shippers are paying more this year than they did in 2020, the delta between those who move cargo predominantly on contract rates versus those forced into the spot market has… Rate gap widening for ‘preferred’ shippers: Xeneta Journal of Commerce
Read More →Southern Vietnam’s stay-at-home order puts brakes on factory production
on August 25, 2021in Industry News
Southern Vietnam’s stay-at-home order puts brakes on factory production Vietnam has deployed its army to enforce COVID-19 lockdowns across the key manufacturing areas of Ho Chi Minh City and its neighboring southern provinces,… Southern Vietnam’s stay-at-home order puts brakes on factory production Journal of Commerce
Read More →South Vietnam’s stay-at-home order puts brakes on factory production
on August 25, 2021in Industry News
South Vietnam’s stay-at-home order puts brakes on factory production Vietnam has deployed its army to enforce COVID-19 lockdowns across the key manufacturing areas of Ho Chi Minh City and its neighboring southern provinces,… South Vietnam’s stay-at-home order puts brakes on factory production Journal of Commerce
Read More →JAS inks fourth takeover this year in global expansion bid
on August 18, 2021in Industry News
JAS inks fourth takeover this year in global expansion bid The drive for scale by global forwarders has intensified this year in the highly fragmented logistics sector, where changes in demand patterns and soaring e-commerce growth have led to a series of targeted takeovers. In just the past three days, DSV Panalpina finalized… JAS inks fourth takeover this year in global expansion bid Journal […]
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