Gartner

FarEye raises $100M for global expansion

FarEye, a global software-as-a-service delivery management platform, announced Tuesday it has closed a $100 million Series E round led by TCV and Dragoneer Investment Group with participation from past investors including Eight Roads Ventures, Fundamentum and Honeywell. Along with the raise, Gopi Vaddi, a general partner at TCV, will join the company’s board of directors.

The company has raised a total of $150.7 million since 2013.

In an interview with FreightWaves, Kushal Nahata, co-founder and...

https://www.freightwaves.com/news/fareye-raises-100m-for-global-expansion

Project44 shines a light on Asian trucking

Supply chain visibility specialists project44 will expand its real-time cargo tracking system to trucking services in China with the aim of achieving a truly end-to-end and global tracking system according to the company.

Tracking cargo while it is at sea and at ports is comparatively straight forward but tracking freight from the manufacturing centres to the point of destination so that shippers can clearly understand where the delays are occurring.

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https://container-news.com/project44-shines-a-light-on-asian-trucking/

Project44 expands real-time visibility into China

Project44, a leader in shipment visibility for the global logistics community, announced on Friday it has expanded its tracking services into China, giving shippers a real-time view of their truckload shipments within Asia.

In recent years, trucking technology has continued to improve in China as companies have been incentivized to invest in newer trucks enabled with electronic logging devices (ELDs), allowing visibility companies to track their movements and create a more resilient supply chain.

https://www.freightwaves.com/news/project44-expands-real-time-visibility-into-china

Everstream Analytics partners with project44 to improve pre-transit visibility

Everstream Analytics announced this week a partnership with project44 to enhance the company’s predictive supply chain risk analytics tools. Everstream said the combination of its data analytics with project44’s real-time location visibility will enable its customers to strengthen their supply chains’ resilience and find ways to decrease transportation costs.

In an interview with FreightWaves, David Shillingford, the chief executive officer of Everstream Analytics, explained the importance of...

https://www.freightwaves.com/news/everstream-analytics-partners-with-project44-to-improve-pre-transit-visibility

What Gartner’s new Magic Quadrant tells us about the real-time visibility market

Deeper market penetration and larger contracts driving segment growth

The leading real-time visibility solution providers are still relatively small players in a fast-growing market that will reach $1 billion by 2024, and they’re racing to build new technologies for their shipper customers, scale their carrier networks and create a blueprint for international expansion.

On Wednesday, Gartner (NYSE: IT) released its first Magic Quadrant for Real-Time Transportation Visibility Platforms, a document...

https://www.freightwaves.com/news/what-gartners-new-magic-quadrant-tells-us-about-the-real-time-visibility-market

Embark develops plug-and-play autonomous trucking system

Self-driving truck startup Embark Trucks Inc. has developed a plug-and-play autonomous trucking software package. It will work on Freightliner, Volvo, Peterbilt and International trucks. 

The development could make Level 4 technology a commodity even before competitors begin regular production.

“If Embark can create a system that can be installed on a variety of different trucks without massive rework and embedded development, that obviously creates an opportunity to accelerate deployment of...

https://www.freightwaves.com/news/embark-develops-plug-and-play-autonomous-trucking-system

Last mile is the poster child for retail’s shift

Businesses have moved on from “let’s just get through 2020” and must now focus on delivering value through their last-mile delivery operations in a new world, said Chris Kina, analyst with consultancy Gartner.

“This is an undeniably transformational shift in retail commerce and the last-mile evolution is the poster child for that movement,” he wrote in a recent blog entry. “Last-mile practitioners need to accept and act on that transformational reality.”

Kina noted the increase in parcel volumes...

https://www.freightwaves.com/news/last-mile-is-the-poster-child-for-retails-shift

Phasing-in new UK Customs border checks may have been a mistake

The decision to phase-in new UK border checks for EU imports may have been a mis-step, following reports that the process is causing confusion.
Under the UK’s three-phase introduction of new import controls, all goods became subject to full checks from 1 January, but only controlled substances required declarations. Animal and plant products will require them from 1 April and all other goods from 1 July.
Gartner supply chain practice director Susan …

The post Phasing-in new UK Customs border...

https://theloadstar.com/phasing-in-new-uk-customs-border-checks-may-have-been-a-mistake/

Trailer shortage fears as EU drivers question the viability of serving the UK

European road freight shipment visibility platform Transporeon has questioned the idea that Europe faces continent-wide trailer shortages as a result of increasing haulier reluctance to serve the UK post-Brexit.  
Sources have told The Loadstar that red tape and associated delays were scaring-off EU drivers – paid per kilometre, and in some cases facing 12-hour delays – from coming to the UK without guarantees that they will be paid for round trips.  
One source predicted that driver shortages...

https://theloadstar.com/trailer-shortage-fears-as-eu-drivers-question-the-viability-of-serving-the-uk/

J.B. Hunt gifts $1.5 million for sustainable, inclusive supply chains

J.B. Hunt gifted $1.5 million to the University of Arkansas for sustainable supple chains.

J.B. Hunt Transport Services Inc. (NASDAQ: JBHT) announced a $2.25 million collaboration with the Sam M. Walton College of Business at the University of Arkansas Tuesday.

The collaboration will fund the exploration of sustainable business practices and solutions for current and future challenges the supply chain industry faces, a release said. It also targets increased inclusion and diversity across the supply chain.

“At the highest level, we want to bring [environmental, social and governance]...

https://www.freightwaves.com/news/jb-hunt-gifts-15-million-for-sustainable-inclusive-supply-chains

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