Airspace Technologies

There is no room for technological stagnation in time-critical logistics

The technological revolution has touched every segment of the logistics industry. Critical and time-sensitive logistics are no exception. In fact, this high-pressure sector may have benefited most from the industry’s strong push for transparency, visibility and innovation. 

“Integrators and freight forwarders are judged by whether or not a shipment arrives in the promised time frame,” Airspace’s Chief Technology Officer Ryan Rusnak said. “Time-critical is completely different. When you’re moving...

https://s29755.pcdn.co/news/there-is-no-room-for-technological-stagnation-in-time-critical-logistics

Digital forwarder Airspace secures $38M in funding

Straight ahead view of plane at airport gate on a sunny morning.

Airspace, a technology-based freight forwarder focused on time-critical logistics, has closed a $38 million Series C funding round, signaling the company has matured from its startup roots into a profitable enterprise that investors believe has a low risk of failing.

The latest funding is led by Telstra Ventures, along with HarbourVest Partners. Other participants include return backers Scale Ventures, which led Airspace’s Series B; Defy Partners, which led Airspace’s Series A; along with...

https://www.freightwaves.com/news/digital-forwarder-airspace-secures-38m-in-funding

Commentary: How COVID took logistics tech from 2020 to 2050

The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates.

As recently as February, many companies considered work-from-home arrangements for their employees unrealistic and unlikely to happen. They recognized that they lacked the necessary IT infrastructure and other systems but had little reason to pursue making remote work possible. When our society shut down earlier this year, not only were a lot of companies faced...

https://www.freightwaves.com/news/commentary-how-covid-took-logistics-tech-from-2020-to-2050

How artificial intelligence is keeping time-critical shipments on track during pandemic

Consumers are seeing and feeling the impact of COVID-19 supply chain interruptions and delays in their everyday lives, from shortages of paper goods and cleaning supplies in grocery stores, to rising prices for beef and poultry.

For specialized industries such as health care and aerospace, however, the stakes of supply chain interruptions and service failures have perhaps never been higher. So far the traditional hub-and-spoke time-critical logistics industry has largely struggled to adapt,...

https://www.freightwaves.com/news/how-artificial-intelligence-is-keeping-time-critical-shipments-on-track-during-pandemic

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon
By subscribing, you agree with our privacy policy and our terms of service.