Liftit

Going the last mile with ‘guys on motorcycles with guns’ (with video)

last mile panel

To put the U.S. last-mile trucking market in broader perspective, look at non-U.S. markets. Things are really different over there across the border.

In a fireside chat during the FreightWaves Last Mile Logistics Summit, Liftit co-founder and CEO Brian York outlined how his company is growing its last-mile operations in Latin America, which now span Colombia, Brazil, Mexico, Chile and Ecuador.

Starting up Liftit

York was born in Bogota, Colombia, where he was abandoned and orphaned. He was adopted...

https://www.freightwaves.com/news/going-the-last-mile-with-guys-on-motorcycles-with-guns-with-video

Liftit raises $22.5 million to automate last mile in Latin America

Quito, Ecuador.

Last week, Liftit, the Colombia-based freight tech startup automating last-mile logistics in Latin America, announced that it had closed a $22.5 million Series B round led by Cambridge Capital, with participation from IFC, monashees, Jaguar Ventures, NXTP Ventures and others.

Liftit estimates that the “short distance trucking market” in Latin America is worth $100 billion and growing thanks to accelerating e-commerce penetration of Latin American retail. Liftit, founded in 2017, operates in 18...

https://s29755.pcdn.co/news/liftit-raises-22-5-million-to-automate-the-last-mile-in-latin-america

Borderlands: More than 1,400 Texas trucking/freight-related companies received PPP loans; $4.2 million in drugs seized at Pharr port of entry

Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: 1,403 Texas trucking/freight-related companies received PPP loans; $4.2 million in drugs seized at Pharr port of entry; Visible SCM acquires TriCon; and Liftit raises $22.5 million in Series B funding.

More than 1,400 Texas trucking, transport companies receive PPP loans

A total of 1,403 Texas trucking and transportation companies received at least $150,000 in funds...

https://s29755.pcdn.co/news/borderlands-more-than-1400-texas-trucking-freight-related-companies-received-ppp-loans-4-2-million-in-drugs-seized-at-pharr-port-of-entry