During the pandemic, the digitization of the freight industry took off like a rocket, and stayed that way. To date, Forto has raised almost $600 million, Nuvocargo $75 million, Zencargo $66 million an
Denim, the fintech platform for freight and logistics formerly known as Axle Payments, today announced that it raised $126 million in a Series B funding round led by Pelion Venture Partners with parti
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 Capital with parti
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 in China waiting to load
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 and frei
The global maritime industry oversees the movement and handling of over 800 million containers in various ports worldwide. Africa controls about 12% of this volume, with its clearing and forwarding ma
In Africa, chartering vessels and processing ocean freight can be challenging. The sector is largely inefficient and fragmented. Merchants also struggle to access finance to perform cross-border trade
Axle recently announced it raised $10 million Series A financing after a stellar year of growth. The round was led by Crosslink Capital with participation from FJ Labs, Flexport, Tribeca Early Stage P
For the past four years, Swedish startup Einride has captured interest, investment and even a few customer contracts for its unusual-looking pods — electric and autonomous vehicles that are designed
Shipping has long been one of the more antiquated, and least technological, segments in the world of commerce, with its physical aspects — rooted in massive cargo tankers, giant fleets of aircra
Days after FedEx CEO Frederick Smith dismissed the Amazon threat to its business during the company’s earnings call, Amazon announced an expansion of its two-year-old Amazon Air operation, whic
Got too much internet traffic? Get servers on demand from Amazon Web Services. Got too many pallets of physical goods? Well now you can get on-demand warehousing from Flowspace. The startup aims to be
Flexport handles the boring logistics of a trillion-dollar business: the transport of shipping containers around the world. Because the work of freight forwarding seemed so bland, it was long ignored
When we last checked in on Transfix in late 2015, the then two-year-old, 26-person, New York-based transportation startup was determined to use its tech to increasingly match customers needing interst
Russia-based online freight service Deliver (formerly iCanDeliver) has closed a seed round of $8 million. The startup automates the process of ordering freight transport and makes things more efficien
BlackBuck, a startup that is digitizing logistics and cross-country freighting in India, has closed out a $70 million Series C round.
Remember when we found out billionaire investor Peter Thiel is in support of presumptive Republican nominee Donald Trump? At TechCrunch Shanghai 2016, Flexport CEO Ryan Petersen, who has received
A communications test was performed in 1975 between Stanford and University College London for what was to become arguably the most important communication innovation of the 20th century: The Internet
We all wonder what’s going on with the items we ship. Do they wing their way across the country in a pillowy cloud of comfort? Do they fall from great heights onto hard concrete? To test this, P
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It's not news that cargo planes aren't the greenest way to transport heavy loads, but some c