Shipwell, an Austin, Texas-based startup focused on managing trucking and shipping logistics for businesses, has raised $35 million to continue its growth, the company said Oct. 24.
October 25, 2019Search
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Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
XPO Logistics Launches Partnership With MIT
GREENWICH, Conn. — XPO Logistics Inc. announced Oct. 24 that it was teaming up with the Massachusetts Institute of Technology to advance innovation in its industry.
October 24, 2019Echo Global’s Net Income Drops 49% in Q3
Echo Global Logistics Inc., a Chicago-based technology-enabled transportation management service, said profits dropped by about half in the quarter ended Sept. 30.
October 24, 2019UPS, AmerisourceBergen Plan Drone Drug and Device Delivery
UPS Inc. and AmerisourceBergen, the Chesterbrook, Pa.-based drug distributor, are working together to use UPS’ new Flight Forward “drone airline” to ship drugs and supplies to hospitals through small, unmanned aircraft across the U.S.
October 22, 2019Konexial Acquires Axle Technologies’ ELD, Fleet Management Customers
Konexial Inc. acquired Axle Technologies’ complete roster of electronic logging device and fleet management customers, Konexial officials said Oct. 21.
October 21, 2019GlobalTranz Acquires Global Freight Solutions
Logistics company GlobalTranz Enterprises Inc. announced the acquisition of Chicago-based Global Freight Solutions, a freight brokerage and logistics company.
October 18, 2019Dependable Supply Chain Services Adds Two Orange EV Tractors to Increase Sustainability
ONTARIO, Calif. — Dependable Supply Chain Services has deployed two electric terminal trucks from Orange EV at its facility here.
October 18, 2019Perspective: Diversity Is Essential in Fast-Moving Industry
Diversity is a core tenet of any high-performing team, and its importance is heightened the faster a company grows. This is especially true in the logistics and freight-matching world, says Lily Shen of Transfix.
October 15, 2019Walmart Subsidizing Some Vendors in Price War With Amazon
Hold on to your smartphone — the holiday price wars between Walmart Inc. and Amazon.com Inc. are heating up.
October 15, 2019UPS, Shippo Collaborate on Small-Business Shipping
UPS Inc. will work with shipping technology company Shippo to offer marketplace shipping rates to the more than 35,000 small- and medium-size businesses that use Shippo’s platform, according to an Oct. 10 news release.
October 10, 2019