supply chain technology

CtrlChain taking charge of logistics through smarter tech

Giovanni Gubbels, founder and CEO of logistics service provider CtrlChain, discusses the company’s recent rebranding from ChainCargo and what the new name represents.

ChainCargo started five years ago with the goal of reducing waste and inefficiencies in logistics management and supply chains through an automated logistics ecosystem. Recognizing the importance of data in achieving these goals, Gubbels steered the company to focus more on providing accurate, consistent data to customers to...

https://www.freightwaves.com/news/ctrlchain-taking-charge-of-logistics-through-smarter-tech

Obstacles to Implementing FreightTech

By Omar Singh, president and founder, Surge Transportation

FreightTech is good, there is no doubt about that. However, the rub is that it is only as good as the team who is willing to use it. Companies can implement and deploy a new technology or capability, but if they don’t get buy-in from the team and incentivize around it, then it may just essentially be a shiny new thing collecting dust. 

Buy-in can be anything from proper training and awareness, to restructuring incentive compensation to...

https://www.freightwaves.com/news/obstacles-to-implementing-freighttech

HowGood raises $12.5M for food sustainability platform

An aerial view of roads shows technology mixed with trucks on the road.

Sustainability ingredient database HowGood has secured $12.5 million in a funding round to expand in the United States and Europe and build out its platform.

Titan Grove led the funding round announced Wednesday with participation from FirstMark and other existing investors.

Brooklyn, New York-based HowGood started with a platform based on R&D to find more sustainable suppliers and practices specifically for new consumer packaged goods and food products. It then added capabilities to track...

https://www.freightwaves.com/news/howgood-raises-125m-for-food-sustainability-platform

FOSC chat: Harness transportation spend — and close your supply chain gaps

Mary O'Connell from FreightWaves and Chris Cassidy from Trax Technologies

This fireside chat recap is from Day 1 of FreightWaves’ Future of Supply Chain live event in Rogers, Arkansas. For more information and content from the event, click here.

FIRESIDE CHAT TOPIC: End-to-end visibility in the supply chain.

DETAILS: Visibility is one of the hottest topics in logistics. Consumers can track their Amazon packages, but shippers struggle to know where their freight is at any given time. Chris Cassidy, head of global sales at Trax Technologies, discusses the leading causes...

https://www.freightwaves.com/news/fosc-chat-harness-transportation-spend-and-close-your-supply-chain-gaps

Avoiding supply chain disruption

The freight and logistics industry has witnessed a massive transformation over the past two years through disruption of the supply chain — with labor shortages and shutdowns.

Last year, freight rates spiked as many shipping companies and logistics providers struggled to maintain in the midst of rising trade volume, while numerous countries were reinstating travel restrictions to curb the spread of COVID-19.

This has been a hindrance for many in the industry — especially ocean shippers. 

Despite...

https://www.freightwaves.com/news/avoiding-supply-chain-disruption

Viewpoint: A resilient supply chain requires a holistic approach to management

supply chain technology

This commentary was written by Ahmed Raza, vice president of PartnerLinQ. The views expressed here are solely those of the author and do not necessarily represent the views of Modern Shipper or its affiliates.

Speed and instant gratification have been the biggest catalysts for evolution in the retail industry. Customers want their goods now, and for the most part, various verticals have been able to pivot to meet these demands. Amazon, for example, introduced Prime two-day delivery in 2015 and...

https://www.freightwaves.com/news/viewpoint-a-resilient-supply-chain-requires-a-holistic-approach-to-management

Supply chain snarls lead project44 to record growth in Q4

Project44 provides additional insight into quarterly topline, margin trends

Real-time supply chain visibility provider project44 reported record quarterly bookings during the fourth quarter. The privately held, venture-backed company said annual recurring revenue (ARR) bookings were $12.7 million during the period, 168% higher year-over-year and 3% above plan.

The fourth-quarter result put total 2021 ARR bookings at $96.2 million for the Chicago-based company.

Professional services bookings were $2.1 million in the period. Consolidated revenue as defined by generally...

https://www.freightwaves.com/news/supply-chain-snarls-lead-project44-to-record-growth-in-q4

Supply chain tech VC investment exceeds $7B for 3rd straight quarter

New venture capitalists have entered the supply chain technology space. Larger checks and higher valuations from Tiger Global and Softbank are changing the landscape, but mature startups and incumbents are also scaling their M&A capabilities.

Venture capital investment in supply chain technology startups remained robust in the third quarter of 2021, coming in at $7.8 billion for the United States and Europe. That number represents a cooling from the segment’s most recent peak in the first...

https://www.freightwaves.com/news/supply-chain-tech-vc-investment-exceeds-7b-for-3rd-straight-quarter

De Muynck to address shippers in F3 insights on transportation technology strategies

Gartner Vice President of Research Bart De Muynck will speak on shippers’ transportation technology strategies and road maps in a live presentation at FreightWaves’ F3 Virtual Experience at approximately 10 a.m. ET Thursday. 

In addition to Thursday’s live presentation, De Muynck will host two sessions at F3, one focusing on advanced analytics and the other on sustainability in transportation and logistics. De Muynck is a 30-year supply chain veteran, beginning at Penske Logistics, then Elemica,...

https://www.freightwaves.com/news/de-muynck-to-address-shippers-in-f3-insights-on-transportation-technology-strategies

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