logistics

China’s Geek+ brings warehouse robots to US via Conveyco partnership

Chinese robots will soon be seen roaming a number of warehouse floors across North America. Geek+, a well-funded Chinese robotics company that specializes in logistics automation for factories, wareho

Startups are transforming global trade in the COVID-19 era

The global trade crisis is a setback, but also an opportunity for logistics startups to show the value of digital platforms in an analog industry.

Berlin’s Zenjob gets $30M to take its digital staffing service nationwide and beyond

Berlin -based recruitment startup, Zenjob, which operates a digital platform connecting students with highly flexible temp jobs in sectors such as retail, logistics and hospitality, has closed a €27

DispatchTrack, a last-mile logistics platform, raises $144M in its first-ever funding

The current state of our COVID-19 world has underscored more than ever the need for reliable delivery and e-commerce services. Consumers sheltering in place are shopping at unprecedented levels online

SkyCell raises $62M for smart containers and analytics to transport pharmaceuticals

While human travel has become severely restricted in recent months, the movement of goods has remained a constant priority — and in some cases, has become even more urgent. Today, a startup out

Financial tech startup Previse raises $11M to help suppliers get paid faster

Previse, a fintech startup focused on helping suppliers get faster payment, announced that it has raised $11 million in new funding led by Reefknot Investments and Mastercard. Returning investors Bess

Mya Systems gets $18.75M to keep scaling its recruitment chatbot

Hiring chatbot Mya Systems — which uses a conversational AI to grease the recruitment pipeline by automating sourcing for agencies and large enterprises needing to fill lots of vacancies in area

DoorDash, the $13B on-demand food delivery startup, says it has confidentially filed for an IPO

The on-demand food delivery wars continue to heat up in the U.S. DoorDash announced today that it has filed confidentially to go public. The company noted that its Form S-1, a draft registration state

OptimoRoute raises $6.5M Series A to help businesses better plan their routes

Route planning sounds like it’s a problem for big logistics companies like Amazon, FedEx and UPS, but in reality, it’s something every small business with more than a few mobile employees

At CES, Schneider Electric unveils its own upgrade to the traditional fusebox

As renewable energy and energy efficiency continue to make gains among cost-conscious consumers, more companies are looking at ways to give customers better ways to manage the electricity coming into

Korean e-commerce leader Coupang hires Alberto Fornaro as its new chief financial officer

Korean e-commerce giant Coupang has a new chief financial officer. The company announced today that it has hired Alberto Fornaro, who previously served the same role at International Gaming Technology

Fabric raises $110 million Series B to expand its network of automated fulfillment centers in the US

Fabric, the startup that wants to make automated logistics available to retailers of all sizes, announced today it has raised $110 million in Series B funding. The round was led by Corner Ventures, wi

Reefknot Investments launches $50 million fund to invest in logistics and supply chain startups

Reefknot Investments, a joint venture between Temasek, Singapore’s sovereign fund, and global logistics company Kuehne + Nagel, announced today the launch of a $50 million fund for logistics and sup

How retailers can survive the Amazon era

To survive in the post-Amazon era, the way companies have been storing and delivering physical goods to their final destination will need to change profoundly in the next decade.

JD.com’s logistics arm raises a $218 million investment fund

The logistics division of JD.com, Alibaba’s closest e-commerce competitor in China, has raised 1.5 billion yuan (about $218 million) to invest in logistics-related companies and technology. Limited

Amazon expands air cargo fleet with 15 more planes, will have 70 planes by 2021

Following news from earlier this month that FedEx was dumping Amazon from its air cargo service, Amazon this morning announced the expansion of its own air delivery network, Amazon Air. The retailer s

Shyp is preparing for a comeback under new management

Update: Shyp founder and former CEO Kevin Gibbons tweets that a third party acquired Shyp’s brand and domain after it was shut down, and that he is not affiliated with it. For those asking, a th

Volvo’s sporty looking Vera self-driving electric truck will go to work in Sweden

The Vera autonomous, electric truck from Volvo’s trucking subsidiary is not what you might expect in a transport truck — it looks like a road-hugging sportscar, something emphasized by its

Walmart announces it will fully integrate Jet’s teams, but Jet will remain a standalone brand

Three years after acquiring Jet for $3 billion, Walmart announced today that it is now more fully integrating Jet’s teams into Walmart. Jet will continue to operate as a standalone brand, mainly in

JD.com to foster connected vehicle fleets with $55M investment

JD.com, the Chinese answer to Amazon and Alibaba’s long-time rival, is looking to further automate its logistics network after agreeing to pour 376 million yuan (around $55 million) into Jiangsu
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