Freight Tech
Exciting things are happening for warehouse technology. We’re seeing everything from physical robots to augmented and virtual realities. Recently, Worlds Enterprises, Inc., a company that specializes in creating 4D digital twins of warehouses and factories for training and operations improvement, completed a successful $21.2 million Series A1 funding
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We were curious when we saw that Trimble spent a whopping $2 billion USD on a freight tech company in Europe called Transporeon, especially after Trimble recently closed down another recent acquisition called Kuebix that they just bought in 2020 for $201 million USD. So, we asked our resident expert,
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Convoy, J.B. Hunt, and Uber Freight want API standards in freight tech. The three have formed the Scheduling Standards Consortium (SSC) to call for standardization in transportation appointment scheduling via a report from FreightWaves. What’s the problem In Freight Tech? Despite being a common task, appointment scheduling is
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By Adriana Pulley Locus Raises $117 Million To Advance Warehousing Another win for robots! Locus Robotics, based in Massachusetts, has made a name for itself in the thriving warehousing robotics industry. This week Locus announced a $117 million Series F led by Goldman Sachs, G2 Venture Partners and Stack per
Freight Tech
Elon Musk tweeted over the weekend that a fully loaded Tesla Semi truck completed a 500-mile trip at a total weight of 81,000 lbs. The Tesla Semi is the first to meet the 500-mile target out of all its competitors. Nikola, Mercedes, Daimler, and Volvo have not
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Written by Adriana Pulley Australian truckload-sharing startup Ofload has raised $60 million for its digital road freight platform that sells access to empty truck space. The Series B raise was led by Singapore-based Jungle Ventures. The investment signals the continued rise in popularity of shippers willing to pool
Dispatching
Click here to watch our interview on YouTube. Click here to listen to our interview on Spotify. FreightCaviar hopped on a call with Hunter Yaw, the Co-founder and CEO of LogRock, a company that helps uses automation to handle the unexciting business of all things compliance for trucking companies.