179 Catlin Hardy, Vice President, Programs, Kongsberg Maritime Inc.

How does the maritime industry compare to the tech industry in the eyes of the nextgen?

I have had a wonderful conversation about how well the maritime industry matches the tech industry when attracting the next generation and the talents that we need. I spoke with Caitlin Hardy, Vice President, Programs, Kongsberg Maritime Inc., and am happy to share this in the 179th episode of the Shipping Podcast.
We also speak about the culture of the maritime industry and how brave Caitlin is to have...

https://shippingpodcast.com/179-catlin-hardy-vice-president-programs-kongsberg-maritime-inc/

Could Walmart become the next tech giant?

Walmart now selling e-commerce technology to small and medium sized businesses

Plenty of large brands have hopped on the e-commerce bandwagon, building out their own proprietary technologies to further monetize their products. But why stop there — why not monetize e-commerce itself?

That’s precisely what Walmart is doing. The world’s largest retailer announced Wednesday that it will now begin offering subscriptions to its proprietary e-commerce “technologies and capabilities” to small and midsized businesses, teaming with Adobe (NASDAQ: ADBE) to integrate its Marketplace,...

https://www.freightwaves.com/news/could-walmart-become-the-next-tech-giant

Strategic joint venture alliance between Fameline group and IB

Strategic joint venture alliance between Fameline group and IB

Dr Nicos Michaelas, Executive Director of Fameline Holding Group, Caterina Guidotti, IB Marketing Manager,, Caterina Cerrini, Business Development & Partnership Manager, Giampiero Soncini, IB CEO, Georgious Seraphides, Chief Operating Officer at Fameline, Fulvio Solari, Sales Director of IB, Matteo Barsotti, Senior Consultant at IB, and Michalis Hadjistylianou, General Manager at One Net Limited

EniSolv, a JV between One Net Group (a...

https://allaboutshipping.co.uk/2021/07/07/strategic-joint-venture-alliance-between-fameline-group-and-ib/

Plus One Robotics raises $33M for human-robot collaboration software

Plus One Robotics, a human-robot collaboration software company headquartered in San Antonio, has announced this week $33 million in Series B funding led by McRock Capital and Translink Capital, with participation from BMW i Ventures, Kensington Capital Partners, Perot Jain and Ironspring Ventures. The company has raised a total of $43.6 million since 2018.

“We’re fortunate to work with customers at the leading edge of warehouse automation who share our values of ‘Robots Work. People Rule.’ Like...

https://www.freightwaves.com/news/plus-one-robotics-raises-33m-for-human-robot-collaboration-software

Viewpoint: What this IPO tells us about autonomous freight networks

The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates.

TuSimple announced April 7 that it has filed to sell shares through an initial public offering, after having originally filed relevant paperwork with the Securities and Exchange Commission on March 23.

In this article, I examine TuSimple’s S-1 filing for indications of what the future may promise for freight trucking. This is not an examination of financial data...

https://s29755.pcdn.co/news/viewpoint-what-this-ipo-tells-us-about-autonomous-freight-networks

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

Transmission: Continental predicts software use in vehicles will rise to 40% by 2030

Another week in the books. Here’s what’s cookin’ today in Transmission:

  • Software has a big role to play in the future of the auto industry
  • Stellantis’ focus for the future
  • Industry news

Software has a big role to play in the future of the auto industry

For decades, the automotive industry grew accustomed to normality. Automakers build cars themselves. Suppliers provide needed components to OEMs. However, as we all know, times are changing. There’s a push for more digitization and a growing need...

https://s29755.pcdn.co/news/transmission-continental-predicts-software-use-in-vehicles-will-rise-to-40-by-2030

Orbcomm reports third-quarter loss of $5.5M

Orbcomm Inc. (NASDAQ: ORBC) on Wednesday reported a third-quarter net loss of $5.5 million, with a per-share loss of $0.07.

The Rochelle Park, New Jersey-based company posted revenue of $61.7 million in the period, compared to $69.1 million during the third-quarter of 2019, a 10.7% decrease.

Company officials said the decline in revenue can partly be attributed to “certain customers in the oil and gas and heavy equipment markets that limited usage of our services in response to the ongoing...

https://www.freightwaves.com/news/orbcomm-reports-third-quarter-loss-of-55m