freight tech start up Archives - Maritime Shipping News

Smart loading dock startup Kargo lands $6 million seed round

12 February 2021

Smart loading dock tech startup Kargo announced Thursday it closed on a $6 million seed round. The round was led by Founders Fund and included Sozo Ventures, Accomplice and Hanover as well as technology executives.

The San Francisco-based company’s loading dock control tower, Argus, verifies incoming and outgoing freight and aggregates data, which allows shippers and carriers to manage dock operations.

The autonomous system uses sensors and cameras...

https://www.freightwaves.com/news/smart-loading-dock-startup-kargo-lands-$6-million-seed-round

ClockWork finesses the final mile

21 January 2021

While COVID-19 pressed the gas on technology adoption in the global transportation industry, a lot of the financial cost of that technology adoption falls to the truckload carrier or driver ⁠— an additional burden they don’t need.

From November 2019 to November 2020, 500,000 fewer people were employed in the trucking industry. While the initiation of the Drug and Alcohol Clearinghouse last year removed thousands of drivers off the road, the reality is that drivers struggle with their level of...

https://www.freightwaves.com/news/clockwork-finesses-the-final-mile

FreightTech 25: KeepTruckin focuses on innovation in 2020

24 December 2020

KeepTruckin named to FreightTech25 2021 list

As COVID-19 surged in March, fleet management company KeepTruckin was forced to make some tough business decisions, including laying off 18% of its workforce, to ensure its survival as it waited to understand the pandemic’s full impact on the global economy and its customers.

After the initial supply chain disruptions, KeepTruckin, headquartered in San Francisco, said it saw exceptional growth in the overall freight marketplace as new carriers flooded the market to keep up with capacity demands.

T...

https://www.freightwaves.com/news/freighttech-25-keeptruckin-focuses-on-innovation-in-2020

To create FreightTech value, know freight pain points (with video)

4 November 2020

The key to creating value in FreightTech is to not just know tech but to know freight. That goes for founders as well as the venture capital (VC) funds that back them.

Prologis Ventures Managing Partner Will O’Donnell discussed the various aspects of this issue with Assembly Ventures co-founder and partner Jessica Robinson during FreightWaves’ FreightTech Venture Summit on Wednesday.

From the VC perspective, the freight industry “is complicated so it requires an understanding of the nuances,”...

https://www.freightwaves.com/news/to-create-freighttech-value-know-freight-pain-points-with-video