freight-tech startups

GM reveals electric delivery van with connected pallets

General Motors Co. (NYSE: GM) flung itself into the battery-electric commercial delivery and freight-tech businesses Tuesday, revealing an electric-powered cargo van and a connected pallet system for getting goods from the vehicle to customers’ doorsteps.

The automaker had hinted it was working on a battery-powered electric van. CEO Mary Barra announced the creation of a startup, BrightDrop, during a digital keynote address for CES 2021. BrightDrop joins GM Defense and two recent OnStar spinoffs...

https://www.freightwaves.com/news/gm-reveals-electric-delivery-van-with-connected-pallets

Global visibility platform project44 raises $100M

Project44, a Chicago-based supply chain visibility platform, on Monday announced it has closed a Series D financing round of $100 million as customers continue to flock to digital logistics platforms to help make supply chains more efficient.

Through a spokesperson, the company declined to share its valuation metric.

Leading the round is Insight Partners, with participation in the funding round from 8VC, Emergence Capital, Omidyar Technology Ventures, Sapphire Ventures, Sozo Ventures and...

https://www.freightwaves.com/news/roject44-completes-100m-series-d