Truck Tech: Who needs infrastructure edition

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Don’t tell the companies installing electric truck infrastructure that it may not be so critical after all. California-based startup Booster is using IoT and digitization to modernize the role of fuel jobber. Speaking of infrastructure, is battery swapping due for a comeback?  

Do we really need fixed infrastructure?

Must battery-powered electric trucks have a fully developed high-speed electric infrastructure to keep them moving? What if that infrastructure were mobile? Think chargers on wheels...

https://www.freightwaves.com/news/truck-tech-who-needs-infrastructure-edition

Unrisky business: Carrier monitoring software hopes to reduce legal perils

Routinely, brokerage carrier sales and operations teams work to eliminate potential risks when choosing transportation partners for the brokerage’s shipper clients. These decisions, which call for manual review of carrier specifics, often must be made in less time than it takes to brush one’s teeth in the morning.

Now multiply that risky decision by the vast number of loads booked by U.S. brokerages in a day, and the outcome is a jeopardized load-matching system.

This problem is what inspired...

https://www.freightwaves.com/news/unrisky-business-carrier-monitoring-software-hopes-to-reduce-legal-perils

Loaded and Rolling: Driver pay and parking prioritized

Excerpt: AI Fleet raises $21 million; the American Transportation Research Institute ranks trucking concerns; and the Logistics Managers’ Index is expanded.

Trucking in disruption: AI Fleet raises $21 million series A
Image from aifleet

Trucking tech startup AI Fleet recently completed a series A round for $21 million led by Obvious Ventures with participation from Compound, Ibex Investors and angel investor Tom Williams. The company’s goal is building a trucking company focused on technology to...

https://www.freightwaves.com/news/loaded-and-rolling-driver-pay-and-parking-prioritized

Who will survive the coming shakeout of lidar suppliers?

In the laser light-bouncing technology space awash with struggling startups, selling to more than autonomous vehicle makers is a popular growth strategy to survive a coming industry shakeout.  

Only one of six startups that began public life via special purpose acquisition company sponsorship in the last year is trading above the typical SPAC offering price of $10 a share. A seventh SPAC merger awaits shareholder approval and is trading close to the $10 mark.

The industry that makes...

https://www.freightwaves.com/news/who-will-survive-the-coming-shakeout-of-lidar-suppliers

FreightTech’s Glow Up

Group of people huddled around desks

Hot Takes

Image: Jim Allen/FreightWaves

Over the past few weeks we’ve seen the biggest glow up that the FreightTech industry has had in a long time. 

Last week alone we saw three major players in the FreightTech world get the opportunity to take their companies to the next level. The first round of FreightTech startups has graduated to the big leagues, leaving a trail of others hoping to follow in their footsteps. 

These hopefuls waiting in the wings are bringing more to the party than their...

https://www.freightwaves.com/news/freighttechs-glow-up

Evolve: Is the startup scene sustainable?

This chat was part of Evolve: The Next Evolution of Oil & Gas, a virtual summit presented by Digital Wildcatters and FreightWaves on Wednesday. 

TOPIC: Understanding the landscape for oil and gas startups  

DETAILS: Hardware and software startups both have exciting ideas to improve the battered oil and gas industry. But the road to billions is slowed by the industry’s unsavory reputation.   

SPEAKERS: Diana Grauer of TechnipFMC and Ryan Gurney of Montrose Lane

BIOS: Grauer is the director of...

https://www.freightwaves.com/news/evolve:-is-the-startup-scene-sustainable?

GSCW chat recap: Big year ahead for maritime tech startups

This fireside chat recap is from Day 7 of FreightWaves’ Global Supply Chain Week. Day 7 focuses on global maritime logistics.

FIRESIDE CHAT TOPIC: Prospects for VC-backed maritime tech startups

DETAILS: There’s more funding available to startups focused on maritime. Some startups are seeking to create operational efficiencies, save costs and reduce ships’ greenhouse gas emissions. Others are seeking to provide more visibility on cargoes and vessels.

SPEAKER: Evan Efstathiou, founder of SkySail...

https://s29755.pcdn.co/news/gscw-chat-recap-big-year-ahead-for-maritime-tech-startups

Supply Chain tech investing is on fire. This is just the start.

Blitzscaling is back and the stock market is paying a huge premium for growth, without consideration of profits. This seems to be at odds with the circumstances that kicked off 2020, when investors were pulling back and putting pressure on startups to focus on sustainable growth. 

Even at FreightWaves, which grew by 250% in 2019, investors were telling us that we needed to prioritize profits and sustainability first. But then COVID hit and everything changed. 

March, the height of the COVID...

https://www.freightwaves.com/news/supply-chain-and-freight-tech-are-on-fire-this-is-just-the-start

Last-mile logistics businesses could be next billion-dollar startups (with video)

Last-mile logistics businesses could be next billion-dollar startups (Photo: FreightWaves)

At the American Shipper Global Trade Tech summit Wednesday, Cambridge Capital managing partner Ben Gordon and operating partner Essa Al-Saleh spoke in a fireside chat, discussing trends within the logistics industry and the factors the venture capital firm looks for in a startup before investment.

Al-Saleh moved to Cambridge Capital after a long stint at global logistics firm Agility. While at Agility, Al-Saleh transformed the then-company with a market presence only within Kuwait to a $5...

https://www.freightwaves.com/news/last-mile-logistics-businesses-could-be-next-billion-dollar-startups-with-video

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