Startups

Shipwell CEO Greg Price explains during FreightTech Venture Summit the importance of winning over venture capitalists at the onset of presenting your idea.

“It’s well documented how big this market is and how ripe for disruption this market is,” says Rose Rocket CSO Justin Bailie.

Start small and simple, VC experts say.

Steve Case helped build AOL. Now, as CEO of Revolution LLC, he works to help other entrepreneurs fund and grow their businesses.

FreightWaves today announced FreightWaves for Startups, a new initiative aimed at helping startup companies grow into successful organizations.

Certain types of business models are more attractive to venture capitalists.

Big win for ballot measure but it has no provisions that impact trucking

Data Gumbo uses blockchain to automate transactions between buyers and sellers using a combination of data held by those parties and other third parties as verification.

ABEJA has developed proprietary tools to ensure that its AI Consulting engagements do not metastasize into endless ordeals.

Svitzer, Alvys, Blue Ridge, Duluth Seaway and Bureau Veritas announce appointments.

ZUUM brings shippers, brokers and carriers together to create synergy by resolving the fragmentation in technology adoption, data and capacity.

TruckX has introduced a ruggedized wired ELD setup, which reduces the operational difficulties that come with using a bluetooth ELD solution.

Fleetpal is built on VMRS, the universal coding system, allowing it to track and segment equipment failure and operating costs efficiently.

FlockFreight pools together LTL freight and ships it via shared truckloads in full truckload containers instead.

Denny Slagle retired as Volvo Group executive vice president and Mack Trucks president in 2018.

Cargomatic set off a prodigious chain of events after its launch in Los Angeles.

Hyliion Holdings Corp. CEO Thomas Healy draws distinctions between his company and embattled Nikola Hyliion begins public trading.

Automaker will take about a third of Piedmont’s output to build its own batteries

Former top exec at Fleematics is chairman, ex-CalAmp CEO Burdiek also in a top role

Augmented reality can help managers visualize warehouse operations better and train workers on a virtual 3D interface.

Nikola Corp.’s hunt for a partner to build hydrogen fueling stations for its electric trucks stalled because of a short seller report attacking founder Trevor Milton on the startup’s technology claims, the Wall Street Journal reported.

Sources close to the embattled fuel cell truck manufacturer are reporting that founder Trevor Milton has resigned as executive chairman of Nikola Motor (NASDAQ: NKLA) and has departed the company […]

Better safety systems and driver environment monitoring can help fleets reduce the number of truck-related accidents.

At the American Shipper Global Trade Tech summit Wednesday, Cambridge Capital partners discussed what they look for in an investment.

After creating about 50 millionaires on paper a couple of weeks earlier, Nikola founder Trevor Milton gives another million shares of his personal holdings to 350 employees.

Tech startup Haul connects fleets with on-demand drivers to operate their trucks.

ShipChain’s public mainnet integrates the trust of public blockchains with the scalability and throughput needed by enterprise supply chains, according to CEO John Monarch.

TIRPORT’s marketplace allows companies to manage, report and track loads during their truck hauls.

Massachusetts-based XYZ Robotics says its robots can pick anything and place it anywhere.

NEXT Trucking, Fuel Ox, Bendix and Southeastern Freight make strategic employee moves.

FreightWaves’ Kevin Hill interviews co-founders of Baton about their technology plans to eliminate long-haul truck driver dwell times.

Digital logistics platform Zuum Transportation closes $8.58 million seed funding round to streamline and automate freight.

Risk management firm uses artificial intelligence to visualize problems and get ahead of them before disruptions occur.

Safety Hub uses telematics data and AI insights from dashcams to enhance driver safety.

Craig Fuller, founder and CEO of FreightWaves, has been honored by Ernst & Young. Learn more about the honor.

PowerFleet is working with the French Red Cross to track and manage shipment that carries healthcare equipment and supplies.

Tracxn names FreightWaves as one of “Emerging Startups of Data as a Service.”

Supply chain companies of all kinds have been targets for VC money in 2020. Learn why in this article.

High Definition Vehicle Insurance (HDVI) brings software solutions to an industry that has been slow to join the telematics revolution.

Bulgaria-based Transmetrics is helping its supply chain customers by using augmented intelligence. Learn more!

Haultail democratizes visibility across last-mile networks, providing customers end-to-end transparency irrespective of the load in transit.

Freight segment’s EBITDA improved slightly but still in the red

Brazilian startup aims to provide tools for freight forwarders to create and maintain partnerships.

Brian Aoaeh continues his commentary series on artificial intelligence and how it is changing supply chains.

Brian Aoaeh continues a series of commentaries on technology-driven innovations in supply chains, logistics and trucking.

TuSimple may be the country’s largest self-driving truck company, but according to a Wednesday report in the Information, the company is struggling financially.

Unisot has created a blockchain-based platform that helps bring end-to-end transparency in seafood supply chains.

Roger provides digital tools for bulk freight shippers and carriers that reduce paperwork, and accelerate payment and real-time shipment status.

​SmartHop​, a Florida tech startup that aims to support small trucking businesses, on Tuesday announced that it has closed a $4.5 million seed round.

Transship partners with Loadsure to deliver pay-as-you-go, wraparound insurance coverage for all perishable goods.

OptimoRoute is a route planning and schedule optimization platform that helps companies organize their mobile workforce and optimize delivery routes.

Brian Aoaeh writes about new technologies that will transform supply chains and logistics in the near-term.

A digest evaluates the keynote addresses from the virtual event.

Grocery delivery startup Dumpling claims to offer a more equitable shopping model by turning grocery shoppers from gig economy workers into small business owners.

Amazon’s investment in electric truck maker Rivian accelerates e-commerce giant’s path to zero-emissions logistics dominance, while altering the balance of power in the electric vehicle marketplace.

“The days of Tesla’s virtually unchallenged dominance may be numbered.”

Outrider focuses on autonomous zero-emissions yard operations for logistics hubs.

Optimal Dynamics seeks to automatically optimize trucking flight operations. Brian Aoaeh profiles the company and interviewed its founder and CEO.

Deal comes at the backdrop of food delivery company GrubHub’s $7.3 billion acquisition last month by Just Eat Takeaway.

Amazon is looking to buy Zoox, a self-driving startup that seeks to create a fleet of electrified robo-taxis.

Librestream uses augmented technology to help workers rapidly diagnose, inspect and troubleshoot assets.

The award recognizes autonomous trucking company Plus.ai for its industry partnerships and technology leadership in self-driving trucks.

Dan Crain profiles the important Newark, New Jersey logistics hub, as well as some of the logistics startups in the area.

Chinese warehousing robotics startup Geek+ is the most funded startup in the world in its segment.

Nikola Corp. founder and Executive Ehairman Trevor Milton says he is justified in threatening on Twitter to sue a reporter he accuses of lying about the startup electric truck maker to drive down its high-flying stock price.

CEO of on-demand driver platform talks about changing the face of trucking entrepreneurship

GoFor Industries closes on C$9.8 million seed round as it aims to expand its on-demand delivery platform for construction industry into more North American cities.

BackboneAI relies on real-time data synchronization to empower vendors to optimize their product flow to customers.

An investor talks about overcoming pattern recognition bias in venture capital

Beacon is a UK-based digital freight forwarder – one of many that have vowed to disrupt the freight forwarding industry.

The investment round was led by OGCI Climate Investments, a $1 billion+ fund that invests in solutions to decarbonize commercial transport.

Startup raises $11M in Series A round

Trevor Milton takes a $1 annual salary as CEO of newly public Nikola Corp., but his net worth on paper is approaching deca-billionaire status based on his 35% share of the battery electric and fuel cell truck startup’s shares.

Surging shares in electric Class 8 truck maker Nikola Corp. could help show the way for other high-tech transportation companies this year.

Berlin- and Paris-based startups are merging to become one of the largest digital trucking freight forwarding platforms in Europe.

Locus Robotics now has raised more than $100 million.

Digital freight forwarding startup Beacon raises $15 million in Series A investment.

Battery electric and fuel cell startup Nikola Corp., which surprised the trucking industry by having a “blank check company” back its bid to go public, expects its shares to begin trading under its own name on the NASDAQ later this week.

Until now, autonomous vehicle company Nuro had focused on food delivery

“A lot of those small trucking companies, they’ll come back.”

Wunder Mobility launches new offering that will make the company an all-in-one mobility solutions platform.

Amazon is looking to acquire self-driving technology startup Zoox, with talks being underway between the two companies.

Wallbox, a smart EV charging company headquartered in Spain, closes second round of series A funding as it expands into the United States

Futuristic mobility company HyperloopTT uses virtual collaboration platform Workplace to seamlessly connect all of its spread-out employees.

Workflow automation technology company RPA Labs has landed its first round of capital, netting $1.2 million in a pre-seed round. Schematic Ventures led the round, along with PSA UnBoxed (Port […]

Charley Dehoney spoke with the founder of BasicBlock, a blockchain startup based in Nebraska. Here is the story of the company’s success to-date.

EKA Solutions builds ecosystem for small and medium-size brokers, carriers and shippers

With a June 2 merger vote that would make fuel cell electric truck maker Nikola a public entity, the company’s book value has quadrupled to $12 billion in the last week.

A $750 million external investment this week comes as an extension to Waymo’s $2.25 billion financing earlier in March.

The world of transportation has changed due to COVID-19. Read about how shipping professionals are adapting to those changes.

Inadequate cybersecurity will allow attackers to hack into railway systems and stop trains, causing massive disruption to freight movement.

Continental customers will switch from using the RoadLog ELD to KeepTruckin ELD solutions.

In a transformational partnership for a growth-stage company, Platform Science will embed connectivity software at the factory in Daimler Trucks beginning in 2021.

Magnus Technologies offers a solution that can run the entirety of a trucking fleet’s business operations over a single platform.

The new tracking system allows real-time monitoring of transported goods across a variety of markets including food & beverage, pharmaceuticals and micro-mobility.

Ford has invested $500 million in Rivian and participated in the startup’s $1.3 billion investment raise in 2019.

Charging-as-a-service startup AMPLY Power raised $13.2 million from institutional investors Soros Fund Management and Siemens USA as it expands electric infrastructure management to commercial trucking from transit buses

The COVID-19 pandemic has created the need for social distancing, even while working. For the freight industry, the adoption of autonomous vehicles might be a good start.

Frayt, a Cincinnati-based tech startup, expands service to address uptick in home deliveries

Brian Aoaeh interviews CEOs of several supply chain tech startups about their status during the pandemic.