SHIPPINGInsight MultiMEDIA Features Inmarsat

SHIPPINGInsight MultiMEDIA Features Inmarsat

This week’s offerings on SHIPPINGInsight MultiMEDIA feature a SHIPPINGInsight TV interview with Inmarsat’s Laurie Eve, Director of Maritime, Retail about the rise of shipboard data consumption, moving satellite communications beyond just a connectivity pipe and more.  In SHIPPINGInsight’s Podcast, INMARSAT’s  Alberto Perez discussed the findings from their latest research “Digitalization Uncovered” and the ecosystem they have developed to meet the lag...

https://allaboutshipping.co.uk/2021/04/16/shippinginsight-multimedia-features-inmarsat/

What Gartner’s new Magic Quadrant tells us about the real-time visibility market

Deeper market penetration and larger contracts driving segment growth

The leading real-time visibility solution providers are still relatively small players in a fast-growing market that will reach $1 billion by 2024, and they’re racing to build new technologies for their shipper customers, scale their carrier networks and create a blueprint for international expansion.

On Wednesday, Gartner (NYSE: IT) released its first Magic Quadrant for Real-Time Transportation Visibility Platforms, a document...

https://www.freightwaves.com/news/what-gartners-new-magic-quadrant-tells-us-about-the-real-time-visibility-market

Truck Talk: Deal or no deal edition

This week, we’re following TuSimple Holdings Inc.’s $1.1 billion IPO as well as merger prospects for Tula Technology, which makes cylinder-skipping engine controls that dramatically reduce planet-warming greenhouse gases.

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TuSimple’s (NASDAQ: TSP) big news this week was, of course, its initial public offering as it became the first autonomous trucking software developer to go public. With enough money in the bank to get the company to its...

https://s29755.pcdn.co/news/truck-talk-deal-or-no-deal-edition

TuSimple plans to hire 400 with proceeds from $1.1B public offering

Autonomous trucking software startup TuSimple Holdings Inc. (NASDAQ: TSP) plans to hire 400 new employees — a 50% increase — in the next six months with proceeds from its $1.1 billion initial public offering.

“Getting the best and finest talent is our top priority,” Jim Mullen, TuSimple chief administrative and legal officer, told FreightWaves on Thursday. “So, a good chunk of that cash will go toward human resources and increasing our team.”

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https://s29755.pcdn.co/news/tusimple-plans-to-hire-400-with-proceeds-from-1-1b-public-offering

Company behind Walmart’s Pickup Towers is back with autonomous delivery vehicle

The company behind Walmart’s (NYSE: WMT) in-store Pickup Towers is back with a new last-mile delivery solution, the Cleveron 701.

The Cleveron 701, by Estonia-based Cleveron, is a flexible autonomous delivery vehicle. The 701 was designed to provide last-mile delivery solutions for retailers and logistics companies. It has been tested for the past six months on the streets of Estonia but has worldwide potential.

Cleveron is a global provider of delivery technologies and solutions, including...

https://www.freightwaves.com/news/company-behind-walmarts-pickup-towers-is-back-with-autonomous-delivery-vehicle

Gap puts Exotec’s robotics system to the test in returns management

E-commerce growth is driving more companies to automate their warehouses. The speed and cost savings that can be gained through robotics and automation can help offset the demands of e-commerce picking, which is both time-consuming and expensive.

Warehouse automation saw 50% growth in venture capital investment in 2020, and the global warehouse robotics sector is expected to reach $6.8 billion by 2025. Despite the increasing pressure for speed and accuracy that e-commerce has generated, 80% of...

https://s29755.pcdn.co/news/gap-puts-exotecs-robotics-system-to-the-test-in-returns-management

Milk Moovement closes $3.2M funding round

Milk Moovement, the startup seeking to modernize the dairy supply chain through cloud-based software, closed on a $3.2 million seed funding round on Thursday.

The round was led by Dynamo Ventures, alongside Matchstick Ventures, Bread & Butter Ventures, and Better Food Ventures. SOSV and Techstars provided follow-on investment in the round. Richard Cargill is a personal angel investor in Milk Moovement.

“Our proprietary software tracks all milk shipments from producers to processing plants and...

https://www.freightwaves.com/news/milk-moovement-closes-32m-funding-round

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