logistics

Flexport may lay off workers yet again

Flexport, a logistics company with $2.7 billion in funding, is reportedly planning additional layoffs.

Dextrous Robotics closes up shop

Memphis-based Dextrous Robotics is calling it a day. The news, noted by the Robot Report, was confirmed by the warehouse robotics firm’s CEO, Evan Drumwright, on LinkedIn. The executive spells out t

Backed by East Ventures, Fr8Labs aims to digitize Asia’s logistics industry

In Western markets, freight forwarders are well into digitizing their operations, but the same doesn’t hold true in Southeast Asia, say the founders of Fr8Labs. The reasons for that include the lack

Amazon announces Supply Chain by Amazon, which includes restocking physical stores

Amazon this morning announced an expansion of its logistics network that will allow its selling partners to move their products in bulk from Amazon’s low-cost storage service, Amazon Warehousing Dis

Making the world a better place?

Managing returns efficiently is a necessity for online sellers; to keep their customers happy to retain them, but also because reducing their environmental impact becomes no longer optional.

Kenyan logistics startup Sendy shuts down, embarks on asset sale

Sendy, a Kenyan logistics startup that enabled retailers to purchase FMCGs directly from manufacturers, among other services, is shutting down its operations and exploring a sale of its assets, TechCr

Rose Rocket, whose platform helps transportation companies communicate, raises $38M

In 2015, Justin Sky, Justin Bailie and Alexander Luksidadi — all veterans of the trucking and logistics industry — came to the realization that, in order to reach a stage of real-time coll

Nigeria’s Haul247 raises funding to scale its logistics platform

Haul247, a Nigerian end-to-end logistics platform connecting businesses to haulage and warehousing assets, has raised a $3 million seed round. Investing fund Alitheia Capital, through its Umunthu Fund

Curri nabs $42M for its construction-focused last-mile logistics platform

In 2018, Matt Lafferty and Brian Gonzalez co-founded Curri, a tech platform focused on last-mile logistics for the construction industry. Their goal, they say, was to help customers, specifically dist

Alibaba’s autonomous driving lab to focus more on monetization

Alibaba founded Damo Academy in 2017 to carve out a program focused on cutting-edge research that is relatively free of short-term money-making pressure. One of the Academy’s 16 labs conducts re

Cold-chain startup Figorr raises $1.5M, backs the rollout of data-driven perishables insurance

Oghenetega Iortim built Nigerian-based cold-chain startup Figorr after imagining better means of storage and transportation of temperature-sensitive products, following the post-harvest losses from hi

AI-powered supply chain startup Pando lands $30M investment

Signaling that investments in the supply chain sector remain robust, Pando, a startup developing fulfillment management technologies, today announced that it raised $30 million in a Series B round, br

Easyship strikes agreement to support eBay’s new International Shipping program

Easyship, the New York- and Singapore-based startup that enables e-commerce sellers to integrate with more than 250 courier services, announced today it has expanded its partnership with eBay to suppo

ZEBOX, an incubator for supply chain startups, launches its Asia hub in Singapore

ZEBOX, an international accelerator network founded by shipping conglomerate CMA CGM to introduce more tech innovation into the supply chain industry, announced today the launch of its APAC headquarte

Senegal’s logistics tech startup Chargel raises $2.5M seed funding

After selling their hospitality tech startup, Teranga, in 2018, Senegalese brothers Moustapha and Alioune Ndoye ventured into the trucking business as they pondered their next move. However, it soon b

Covariant’s robotic picking AI nabs another $75M

I took a deep dive with Covariant co-founder and CEO Peter Chen at ProMat the other week. The timing was either perfect or terrible depending on who you ask. I’m sure the startup’s comms people ar

Venti raises $29M to design autonomous vehicles for industrial and logistics hubs

A startup called Venti Technologies has raised $28.8 million, a Series A that it plans to use to continue building its software, partner with third parties for hardware, and to secure more deals.

Conventional wisdom

If you’d told me five years ago that I would be flying to Chicago in March to attend a supply chain and logistics show, you would have been greeted by a momentary blank stare, followed by the image

Pickle launches its truck unloading robot arm

Somewhere along the way, ProMat turned into a robotics show. It’s no surprise, of course. Logistics and automation go hand in hand these days. In the decade since Amazon absorbed Kiva, same- and nex

Nimble makes the leap to fully automated third-party logistics warehouses

There’s a long-standing debate in the world of logistics robotics. On one side stand the greenfield folk, who insist that the best possible experience is one built from the ground up, with these aut
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