Last-mile delivery provider OneRail raises $33M Series B

OneRail, the Orlando, Florida-based last-mile delivery provider that uses technology to optimize a vast courier network, announced Wednesday morning that it had raised a $33 million Series B round of capital funding from Piva Capital and Arsenal Growth. American Tire Distributors, a customer, also participated in the round as a strategic investor.

Founded in 2018 by Bill and Lisa Catania, OneRail builds software to help its customers manage their deliveries — sometimes that means helping them...

https://www.freightwaves.com/news/last-mile-delivery-provider-onerail-raises-33m-series-b

OneRail raises $9M Series A to scale last-mile delivery network

Founder and CEO Bill Catania on solving for capacity, price discovery and visibility

OneRail, the last-mile software-as-a-service platform that connects point-of-sale order information directly to a network of 7.5 million couriers, announced Tuesday morning that it had raised a $9 million Series A round led by venture capital firm Ironspring Ventures.

“We are very thankful for the show of faith that Ironspring Ventures and our valued investors have placed in us as we continue to execute upon our...

https://www.freightwaves.com/news/onerail-raises-9m-series-a-to-scale-last-mile-delivery-network

S.F. Express merger with Kerry Logistics creates logistics powerhouse

An orange Kerry Logistics truck entering road from Kerry facility next to company sign.

S.F. Express, the top integrated logistics company in China is expanding globally to compete with established titans FedEx, UPS and DHL, and analysts say this week’s investment in Kerry Logistics gives it the firepower to be a one-stop shop for logistics services.

The addition of an international freight forwarder deal immediately vaults S.F. Express to the top echelon of ocean freight management companies and one of the leading warehouse, trucking and e-commerce providers in Asia. And S.F....

https://www.freightwaves.com/news/sf-express-merger-with-kerry-logistics-creates-logistics-powerhouse

Final-mile adapts to e-commerce surge and rise in employment

The COVID-19 pandemic may have caused lengthy slowdowns early on across the logistics landscape, but it hasn’t prevented courier and final-mile delivery companies from darting across cities. In fact, the sector has adapted quite nicely and looks to remain busy as online retail sales and employment within the sector continue an upward trend.

The addition of 8,000 courier and messenger jobs nationwide in August raised some eyebrows as the sector’s total employment figure rose to 923,300 — an...

https://www.freightwaves.com/news/final-mile-adapts-to-e-commerce-surge-and-rise-in-employment

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