Freight intelligence platform GenLogs announced Monday it has closed a $14.6 million Series A funding round led by Venrock and HOF Capital to continue building out solutions utilizing the company’s sensor network tracking assets across the United States.
Steel Atlas, AutoTech Ventures, Venture 53, TitletownTech, Plug and Play Ventures and Heartland Ventures also participated in the round. The company has raised $21 million since 2023.
GenLogs’ technology uses roadside sensors and cameras to...
As the logistics industry prepares for a more positive 2025, the potential for automation — utilizing machine learning and AI — to impact operations has never been more significant.
From optimizing electric vehicle fleets to mitigating fraud and automating nonrevenue tasks, automation is positioned to address some of the industry’s most pressing challenges. Here’s a look at the key areas where automation could drive change in logistics this year.
Managing supplier relationsThe complexity of...
https://www.freightwaves.com/news/how-automation-is-solving-logistics-biggest-problems-in-2025
Transportation asset intelligence platform GenLogs has been using its network of roadside cameras and sensors to help brokers and carriers identify potential backhaul leads. But now it’s using the same technology to help local law enforcement agencies recover stolen assets.
Founded last year, GenLogs began aggregating data on tractor and trailer movements. It identifies which carriers have the greatest activity on major trucking lanes across the country. Brokers can interface with the platform...
https://www.freightwaves.com/news/genlogs-helping-brokers-generate-leads-and-fight-crime
GenLogs, an asset intelligence platform, announced Wednesday it will begin offering a free investigative service to help the freight industry recover stolen or missing equipment.
Open to carriers, brokers and shippers alike, the service allows users to submit details of missing assets to GenLogs. In response, GenLogs will use its nationwide network of roadside sensors to determine the asset’s last known location and set real-time alerts for tracking.
As the holiday season approaches, industry leaders are shining a spotlight on the growing problem of freight fraud, a costly issue impacting businesses and consumers alike.
The inaugural Freight Fraud Awareness Day, set for Tuesday, aims to rally the logistics community and policymakers to tackle this escalating threat.
Freight fraud schemes like double brokering and cargo theft are estimated to cost the industry between $500 million and $700 million annually, according to a group of advocates...