logistics
If we don’t act and improve shipping technologies, the logjams we’ve had to endure in the past two years will become commonplace.
Swoop Aero’s drones hit a million items delivered as the company raises for expansion
Out where delivery trucks and full-size cargo planes don’t make a lot of sense, drones are proliferating — they may never deliver your burrito, but could soon be indispensable for…
French startup Pickme has raised a $3.7 million (€3.5 million) funding round to build a new network of pick-up and drop-off points for e-commerce retailers and logistics companies. With Pickme,…
The news comes more than a year after Saltbox closed a $10.6 million Series A, bringing its total funding to $56 million.
Leta, a Kenyan B2B supply chain and logistics SaaS provider launched last year to optimize fleet management, is looking for growth opportunities in West Africa, even as it scales operations…
Unicorn Flexport is revolutionizing the world of logistics, serving as a freight forwarder with software that enables customers to manage their shipments. But there are still thousands of smaller freight…
Matt McKinney was a data science manager at Uber, helping launch Uber Freight, along with software engineer Shaosu Liu. One of the main problems the pair saw there was that…
Internal combustion engines still rule the roost when it comes to powering automobiles, but there are signs that they’re trundling into oblivion, at least in some markets. The likes of…
As evidenced by recent layoffs and scaled-back expansions, on-demand delivery is a challenging space. Brands, retailers and operators push to deliver with maximum efficiency, a strategy that’s led within the…
The New York Shipping Exchange (Nyshex), a platform that connects shippers with ocean carriers, today announced that it raised $25 million in a Series B funding round led by Collate…
Featured Article
What has KOBO360 been up to in the last 2 years?
Before fintechs became the standouts of the African tech ecosystem, it was startups in the online logistics and transport space in Africa linking on-demand apps to move people and goods around the continent that was all the rave. For the online logistics space, it’s not difficult to see why investors…
The Philippines’ e-commerce market now has a gross merchandise volume of $12 billion, a 132% increase from 2020, and is expected to reach $26 billion in GMV by 2025. This…
I admit to having my doubts when Boston Dynamics announced it was getting into the already crowded warehouse/logistics field. One could certainly make the case that Stretch is a bit…
Weeks after laying off workers, supply chain startup FourKites has raised $30 million as part of an ongoing financing round, according to documents filed with the U.S. Securities and Exchange…
In a sign that the market for logistics and transportation tech isn’t cooling (economic downturn be damned), HyperTrack, a startup offering APIs for freight order planning, assignment and tracking, today…
Shipyaari, a Mumbai-based software company that offers shipping logistics to major consumer brands, exposed the personal data of thousands of its customers because of a months-long spill of its internal…
Sure, they aren’t as sexy as a Tesla, and they don’t get the press columns of long-haul trucking, but so-called yard trucks are an interesting subset of vehicles that benefit…
African e-commerce giant Jumia reported its second-quarter financial performance today. In the wake of its financial reporting this morning, Jumia’s shares climbed sharply, gaining more than 15% in early trading…
Since the start of the pandemic, the global supply chain has undergone — and is undergoing — immense strain. As of late last month, there were more than 300 ships…
Another European market exit looks to be on the cards for U.K.-based on-demand food delivery startup, Deliveroo, which says it’s consulting on shutting down its service in the Netherlands. The…
The idea for Gepek, a Croatian startup that aims to tap the sharing economy for same-day deliveries, came about because a brother and sister wanted to help their mother access…
Miferia wants to expand its wholesale inventory marketplace across Latin America
The Mexico-based company enables retailers to bring their inventory relationships online, expand their product selection and get more favorable credit terms.
Club Feast quietly pivoted to catering and left its consumer customers in a lurch
A year ago, Club Feast, a subscription-based service aiming to disrupt the food delivery industry, emerged from stealth with $3.5 million in seed funding and the backing of prominent investors,…
Uber’s ride with Zomato has concluded. The ride-hailing firm sold its 7.8% stake in the lossmaking food delivery firm on Wednesday for over $390 million, a person familiar with the…
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Dan Lewis launched Convoy in 2015 into an established industry dominated by several legacy businesses. Now worth $3.8 billion, the company is a leader in bringing digital services to trucking…
Kenyan logistics startup Sendy has laid off 10% of its 300-strong workforce, or 30 employees, according to pan-African news publication TechCabal. This is the latest public layoff news from Africa over…
Can AI automate enterprise decision-making? It’s an exceptionally broad and challenging task — assuming it’s within the realm of possibility. But that’s what startup Arena claims to do, fueled by…
Hyundai Motor is considering increasing its stake in, or fully acquiring, the South Korea-based lidar-free autonomous mobility platform 42dot, the latest signal of its growing interest in the fast-growing space.…
The pandemic normalized delivery in the U.S. But even before the health crises struck, delivery sales at restaurants alone were increasing at a rate of 7% to 8% per year,…
A year ago, Instacart co-founder Apoorva Mehta left his role as chief executive of the grocery delivery unicorn and took on an executive chairman position. Now, as the company he…