New Tech

Gallatin AI raises $15M in seed funding to advance military logistics

Gallatin AI emerged from stealth mode on Tuesday and announced it has secured $15 million in a pre-seed funding round led by venture capital firm 8VC.

The Washington-based defense technology startup aims to transform military logistics using AI to improve the speed and effectiveness of critical supply chain decisions, company officials said.

“We’re entering this new era … whether it’s the Houthis and cost-effective drones and rockets, whether it’s great power competition in the Pacific, there’s...

https://www.freightwaves.com/news/gallatin-ai-raises-15m-in-seed-funding-to-advance-military-logistics

Transfix launches RFP tool, teases upcoming gen AI release

After selling its brokerage unit to NFI in June to focus on its SaaS endeavors, Transfix announced Monday the release of its RFP Workflow Tool, a software solution designed to help brokers and 3PLs manage contract pricing and freight bidding opportunities. 

Jonathan Salama, co-founder and CEO of Transfix, emphasized during a conversation with FreightWaves the two primary challenges facing brokers today: securing more freight and maintaining strong margins. Transfix’s strategy has been to develop...

https://www.freightwaves.com/news/transfix-launches-rfp-tool-teases-upcoming-gen-ai-release

SFOO Summit: Carriers need AI agents to keep up with broker tech

This fireside chat recap is from FreightWaves’ Small Fleet & Owner-Operator Summit on Wednesday.

FIRESIDE CHAT TOPIC:  AI for owner-operators and small fleets

DETAILS: In this fireside chat, Grace Sharkey sits down with the founder and CEO of Hey Bubba to explore how small trucking fleets and owner-operators can harness the power of AI in their everyday operations. From automating back-office tasks to enhancing driver communication with voice AI, Tapan Chaudhari breaks down practical,...

https://www.freightwaves.com/news/sfoo-summit-carriers-need-ai-agents-to-keep-up-with-broker-tech

FreightTech companies spotlight new or enhanced products for TCA crowd

PHOENIX – The crowded FreightTech field faces a continuous problem: How does a company make its products stand out when so much of their functionality overlaps with competitors’ offerings?

Most of what various FreightTech products offer in particular applications is identical, except for that last slice of functionality with which one company tries to set itself apart. And that’s where the fiercest battles take place.

That reality of the market has led the Truckload Carriers Association at its...

https://www.freightwaves.com/news/freighttech-companies-spotlight-new-or-enhanced-products-for-tca-crowd

Autonomous dispatcher Bubba AI launches for independent truckers, small carriers

Independent truckers and small carriers often are at a disadvantage among their competitors, juggling everyday tasks including dispatching loads, negotiating rates and handling administrative tasks while also keeping the wheels moving. Recognizing this challenge, Tapan Chaudhari, founder and CEO of Hey Bubba, on Tuesday introduced Bubba AI, an AI-powered dispatcher tailored to the needs of independent truckers and small fleets.

With years of experience in the trucking technology space, including...

https://www.freightwaves.com/news/autonomous-dispatcher-bubba-ai-launches-for-independent-truckers-small-carriers

Uber Freight’s Powerloop begins offering dedicated tours to carriers

Uber Freight’s latest innovation, released Tuesday, directly addresses the challenges behind truck utilization through advanced tour planning. The new offering expands Uber Freight’s Powerloop drop-and-hook program, providing carriers with access to reliable freight and greater control over their operations with dedicated tours.

Carriers, especially owner-operators, face the persistent challenge of securing consistent or dedicated loads. Fluctuations in load availability and unpredictable rates...

https://www.freightwaves.com/news/uber-freights-powerloop-begins-offering-dedicated-tours-to-carriers

Intangles maps physics of truck components for predictive maintenance

Intangles, a digital twin technology company focused on predictive maintenance, recently started showcasing the outcome of its partnership with the Contra Costa County Transit Authority (CCCTA), a transit agency for the San Francisco Bay Area, where Intangles’ real-time diagnostic solutions have helped improve fleet performance, reduce maintenance costs and ensure compliance with state regulations.

Founded in India, Intangles has expanded its reach into the North American market, leveraging...

https://www.freightwaves.com/news/intangles-maps-physics-of-truck-components-for-predictive-maintenance

Deliverr co-founder launches ‘AI teammate’ for logistics, raises $25M

Augment, an AI-driven logistics platform, announced Tuesday it has raised a $25 million seed funding round from 8VC. The company, founded by Harish Abbott, has created an “AI teammate”, Augie, designed to organize operations for logistics operations. 

Abbott’s journey to founding Augment was deeply rooted in his experience in logistics and technology. The initial stages of his career at Amazon involved developing fulfillment software, which gave him critical insight into complex logistics...

https://www.freightwaves.com/news/deliverr-co-founder-launches-ai-teammate-for-logistics-raises-25m

Transflo releases next-gen workflow automation solution for carriers

Transflo on Monday unveiled its latest technology update for Workflow AI for Carriers, a back-office automation solution for document processing for the trucking industry. The update debuted at the Truckload Carriers Association’s annual event in Phoenix.

Lars Ward, vice president of automation solutions at Transflo, told FreightWaves that traditionally, tasks such as document management and invoice processing have been labor-intensive and prone to human error. Workflow AI looks to minimize...

https://www.freightwaves.com/news/transflo-releases-next-gen-workflow-automation-solution-for-carriers

RueData secures seed round for tire optimization platform

RueData has closed a seed financing round to continue serving over 40,000 vehicles, with plans to use the investment to accelerate adoption of its tire management platform, scale operations and continue innovating its AI-driven fleet optimization solutions for trucking fleets. The round was led by Valor Ventures with participation from Decelera Ventures, Idea Foundry and industry angel investors.

For RueData founder and CEO Sebastian Baquero, the funding, announced Thursday at SXSW in Austin,...

https://www.freightwaves.com/news/ruedata-secures-seed-round-for-tire-optimization-platform

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