Real-time visibility

EXCLUSIVE: Shippeo lands $30M to further its North American and Asia-Pacific ambitions

Paris-based visibility provider Shippeo announced Wednesday it has secured $30 million in strategic funding led by Toyota’s growth fund Woven Capital as the company aims to accelerate its expansion in North American and Asia-Pacific (APAC) markets. The round also included participation from existing investors Battery Ventures, Partech, NGP Capital, Bpifrance Digital Venture, LFX Venture Partners, Shift4Good and Yamaha Motor Ventures.

“Across the board, the level of risk on the supply chain of...

https://www.freightwaves.com/news/shippeo-lands-30m-to-further-its-north-american-and-asia-pacific-ambitions

Chicago rivals P44 and FourKites resolve legal disputes

Visibility provider FourKites and its Chicago rival project44 announced Monday that they have resolved two legal battles regarding employee poaching and allegedly defamatory emails sent by FourKites CEO Mathew Elenjickal. Details of the resolution were not disclosed.

“We are glad to put these disputes behind us. … Our focus has always been on bringing innovation to market, transforming supply chains, and driving unmatched value to our customers. That will continue to be our mission,” Elenjickal...

https://www.freightwaves.com/news/chicago-rivals-p44-and-fourkites-resolve-legal-disputes

Why MyCarrier and project44 are fighting in court

Over the summer, two prominent FreightTech companies have quietly become entangled in a fight in a Delaware court about the meaning of the seven-figure, multiyear services agreement they signed in 2023 .

Arizona-based MyCarrier, which provides transportation management, booking and quoting software for shippers using less-than-truckload services, and Chicago-based project44, a leading visibility solutions provider, were close allies for years. MyCarrier’s rate quoting and freight booking...

https://www.freightwaves.com/news/why-mycarrier-and-project44-are-fighting-in-court

Vizion partners with Dun & Bradstreet on risk management offering

Supply chain visibility provider Vizion announced Tuesday it has released a new product to provide customers with live tracking and risk management capabilities. 

The new tool, TradeView, is made available through a partnership between the company and Dun & Bradstreet, which will be providing its own supply chain data to be leveraged with Vizion’s global shipment data.

“Our industry needs ESG [environmental, social and governance] transparency mapped across supplier networks and product value...

https://www.freightwaves.com/news/vizion-partners-with-dun-bradstreet-on-risk-management-offering

FourKites confirms 15% cut in global workforce, dismisses key exec

Supply chain visibility platform FourKites confirmed it has reduced its workforce across offices in the United States and Europe by 15% this week. 

“With these changes in place, along with the recent realignment of our leadership team, we are accelerating our timeline to profitability, taking our burn rate to zero — now — and reducing our reliance on capital markets,” a FourKites spokesperson told FreightWaves.

The move included the departure of another key executive, Glenn Koepke, vice president...

https://www.freightwaves.com/news/fourkites-confirms-15-cut-in-global-workforce-dismisses-key-exec

The next frontier in supply chains: Yard vision and automation

Bart

googletag.cmd.push(function() { var gptSlot = googletag.defineSlot(‘/21776187881/FW-Responsive-Main_Content-Slot1’, [[728, 90], [468, 60], [300, 100], [320, 50]], ‘div-gpt-ad-b1-i-fw-ad-7’).defineSizeMapping(gptSizeMaps.banner1).setCollapseEmptyDiv(true).addService(googletag.pubads());
gptAdSlots.push(gptSlot);
});

googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-b1-i-fw-ad-7’); });

By Bart De Muynck

The views expressed here are solely those of the author and do not necessarily...

https://www.freightwaves.com/news/the-next-frontier-in-supply-chains-yard-vision-and-automation

project44 continues to reshape industry through data-driven partnership with Google Cloud

The logistics industry is collaborative by nature, and project44 regularly embraces partnerships to create and improve data-driven solutions for their customers. Over the past few years, Google Cloud has become one of the company’s most impactful partners.

project44 is well-known for its impressive breadth – and depth of visibility solutions. Google Cloud is known for providing an open cloud and next-generation AI tools that enable innovators across a wide range of industries to develop cutting...

https://www.freightwaves.com/news/project44-continues-to-reshape-industry-through-data-driven-partnership-with-google-cloud

FreightTech industry isn’t what it was a year ago

googletag.cmd.push(function() { var gptSlot = googletag.defineSlot(‘/21776187881/FW-Responsive-Main_Content-Slot1’, [[728, 90], [468, 60], [300, 100], [320, 50]], ‘div-gpt-ad-b1-i-fw-ad-1’).defineSizeMapping(gptSizeMaps.banner1).setCollapseEmptyDiv(true).addService(googletag.pubads());
gptAdSlots.push(gptSlot);
});

googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-b1-i-fw-ad-1’); });

By Jett McCandless

The views expressed here are solely those of the author and do not necessarily...

https://www.freightwaves.com/news/freighttech-industry-isnt-what-it-was-a-year-ago

How advanced weather tech is reshaping retail

The average consumer makes a shocking 35,000 decisions each day. 

Big or small, each of those is influenced by a number of factors, including the weather. What’s going on outside has a direct impact on consumer moods, needs and behaviors, making weather a key consideration for retailers.

Seasonal buying cycles, for example, are ingrained in almost every retail business’ preparations each year. Companies plan inventory accordingly for spikes in demand for commodities like snow blowers in the...

https://www.freightwaves.com/news/how-advanced-weather-tech-is-reshaping-retail

Overhaul secures $73M to expand high-risk freight visibility

Suppy chain visibility firm Overhaul announced Tuesday it has closed on $73 million in late-stage funding to finance its recent acquisition of security services company SensiGuard and to grow its risk management solutions for in-transit goods.

Related: Overhaul acquires supply chain security firm SensiGuard

The capital comes in two parts: $38 million in equity from lead investor Edison Partners with participation from eGateway Capital, StepStone Group and TRM Ventures and $35 million in...

+ More