European logistics

FourKites acquires European supply chain visibility provider NIC-place

FourKites acquires NIC-place to create the largest multimodal carrier network in Europe with visibility capabilities

If there’s one thing consumer-facing businesses need these days, it’s options. Amid pandemic-driven supply chain disruptions that have extended into 2022, relying on a single shipper, carrier, sourcing partner or mode of transport is a recipe for failure.

What businesses need is flexibility, and FourKites just created a whole lot of it. The Chicago-based supply chain visibility platform announced Tuesday the acquisition of European supply chain visibility provider NIC-place in a move that will...

https://www.freightwaves.com/news/fourkites-acquires-european-supply-chain-visibility-provider-nic-place

European Uber rival Bolt eats up $709 million raise

European food delivery platform Bolt secures huge $704 million raise

Now that Uber has shown that a third-party ride-sharing and food delivery business can, in fact, be profitable, it seems the floodgates are open as money from big-time investors continues to pour into the space.

The latest beneficiary of the craze is Estonia-based rideshare and food delivery startup Bolt, which just ate up a $709 million raise that pushed its valuation to nearly $8.4 billion. The round was co-led by Sequoia Capital, Fidelity Management (NYSE: FIS) and Research Company LLC with...

https://www.freightwaves.com/news/european-uber-rival-bolt-eats-up-709-million-raise

Eurosender bridges European borders with straightforward shipping platform

Truck traffic on European street

Luxembourg-based international shipping platform Eurosender has simplified shipping across European borders so much that its website attracts over 1 million monthly visitors. 

While Eurosender’s platform targets small to midsize shippers, a few of its website visitors have made some pretty outlandish requests, like the shipping of a live human, a wheelbarrow or the sperm of a bull. 

Since its founding in 2014 by Jan Štefe and Tim Potočnik, Eurosender has provided instant rates for door-to-door...

https://www.freightwaves.com/news/eurosender-bridges-european-borders-with-straightforward-shipping-platform