FreightTech’s tracking superhero lands $40M

Visibility provider Tive announced Thursday it raised $40 million in an oversubscribed Series C funding round led by World Innovation Lab and Sageview Capital, with participation from AVP, RRE Ventures, Two Sigma Ventures, Qualcomm Ventures, Fifth Wall, Supply Chain Ventures, and Sorenson Capital. 

This capital will fuel Tive’s goal to enhance real-time shipment tracking and monitoring capabilities. With its innovative multi-sensor trackers and cloud platform, Tive serves over 900 global...

https://www.freightwaves.com/news/freighttechs-tracking-superhero-lands-40m

Improving carrier onboarding is first step in tackling freight fraud

Operational inefficiencies and fraud prevention are two of the hottest topics in logistics today. Good carrier screening protocols and improved onboarding processes can offer significant improvements in both areas.

Descartes recently acquired MyCarrierPortal to combine the strengths of both businesses, creating a more powerful solution for companies looking to boost efficiency while tackling fraud head-on.

“Carrier fraud and cargo theft is an ongoing problem in the transportation industry. This...

https://www.freightwaves.com/news/improving-carrier-onboarding-is-first-step-in-tackling-freight-fraud