Software as a Service

Carriers bet on Capacity-as-a-Service

Over the past decade, as-a-service (aaS) business models have infiltrated supply chain actors in order to advance the industry to keep up with increasingly tech-focused lifestyles.

Software-as-a-service (SaaS) has targeted shippers across the globe, promising an easier way to handle in-house procurement and transportation workflows, and offer a layer of resilience when unforeseen hurdles arise.

SaaS-based solutions have also been promoted within the freight brokerage space, eventually fueling the...

https://www.freightwaves.com/news/carriers-bet-on-capacity-as-a-service

Orbcomm reports fourth-quarter loss of $14.8M

Orbcomm Inc. (NASDAQ: ORBC) on Wednesday reported a fourth-quarter net loss of $14.8 million, with a per-share loss of 19 cents.

The 19 cents per-share loss for the fourth quarter was largely the result of a $11.7 million loss on debt extinguishment, Orbcomm said. Adjusted to extinguish debt, the loss was 4 cents per share. 

“While the pandemic caused significant disruption, we showed our resilience,” Marc Eisenberg, president and chief executive officer of Orbcomm, said during the company’s...

https://s29755.pcdn.co/news/orbcomm-reports-fourth-quarter-loss-of-$148m

Supply chain expert joins FreightWaves as adviser

Matt Waller, a renowned authority on supply chain management and industry trends, has joined FreightWaves in an advisory capacity.

Waller is the dean of the Sam M. Walton College of Business and a supply chain management professor at the University of Arkansas. He was the 2020 recipient of the Council of Supply Chain Management Professionals’ Distinguished Service Award. And he is no stranger to FreightWaves, having appeared on a number of programs, including Freightonomics, and spoken at events...

https://s29755.pcdn.co/news/supply-chain-expert-joins-freightwaves-as-adviser

Scalable growth starts with the back office

The transportation and logistics landscape of today looks a lot different than it did just a few short years ago. An industry once overflowing with paperwork, manual data-logging and pencil-pushing has come to embrace new technologies to track and move freight as well as streamline manual processes.

A top priority for brokers, carriers and logistics providers alike has become automating back-office processes to simplify invoicing and other freight management tasks. Early adopters have gained a...

https://s29755.pcdn.co/news/scalable-growth-starts-with-the-back-office

FreightWaves named “Soonicorn” by Tracxn and to global “Emerging Startups of Data as a Service” list

Tracxn, a noted research firm that provides data on startups for venture capitalists and corporate development offices, has named FreightWaves to its Emerging Startups of Data-as-a-Service (DaaS), the latest in the Emerging Award series that recognizes the top companies in DaaS from across the globe. 

Tracxn named FreightWaves and 10 other companies from around the world as a “Soonicorn” (Soon to be a Unicorn). In business, being termed a unicorn indicates a privately held startup company is...

https://s29755.pcdn.co/news/freightwaves-named-to-tracxns-emerging-startups-of-data-as-a-service

Career Tracks: Crane Worldwide and American Commercial Barge

Crane Worldwide Logistics has hired Brannon Kuykendall as chief information officer.

Headquartered in Houston, Crane Worldwide said the appointment was part of its strategy to focus on technology, service and people to drive business growth beyond 2020. Crane Worldwide, which celebrated 12 years of operations on Friday, said it provides clients with a predictive command center using a centralized dashboard to provide at-a-glance visibility.

Crane Worldwide said Kuykendall successfully led...

https://s29755.pcdn.co/news/career-tracks-crane-logistics-and-american-commercial-barge

Commentary: Optimal Dynamics – the decision layer of logistics?

Author’s disclosure: I am not an investor in Optimal Dynamics, either personally or through REFASHIOND Ventures. I have no other financial relationship with Optimal Dynamics.

Optimal Dynamics, a startup that is building software that automatically optimizes trucking fleet operations using its proprietary CORE.ai solution, announced on July 7 that it raised a $4 million seed round.

CORE.ai, Optimal Dynamics’ Software-as-a-Service (SaaS) product, uses a proprietary technology called...

https://s29755.pcdn.co/news/commentary:-optimal-dynamics-–-the-decision-layer-of-logistics?

Report: Warehouse robotics investment surges 57% in 2020

  • A PitchBook report documents a surge of investment in the warehouse robotics space.
  • Survey points to renewed investor interest in supply chain tech opportunities

Investment in warehouse robotics technology startups clocked in at $381 million in the first quarter of 2020, up 57% from the same period in 2019. 

That’s one of the key stats from PitchBook’s new Q1 2020 Supply Chain Tech analyst report. The study examines venture capital (VC) investment levels, trends, new business models and notable...

https://s29755.pcdn.co/news/report:-warehouse-robotics-investment-surges-57%-in-2020

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