Terminal49 secures $6.5M to help pave ‘journey to automate global trade’

Ocean visibility provider Terminal49 announced it has closed a $6.5 million Series A round led by Stage 2 Capital and Grand Venture Partners as the company looks to ramp up its technology offerings to compete in the growing real-time visibility space.

“Visibility tools will be table stakes technology for importers, truckers and customs brokers,” Akshay Dodeja, Terminal49’s co-founder and chief executive officer, told FreightWaves. “Although, they don’t want to just track containers. They want to...

Intermodal Summit: Breaking down information silos

This fireside chat recap is from FreightWaves’ Intermodal Summit.

FIRESIDE CHAT TOPIC: How global trade data silos affect intermodal shipping

DETAILS: Terminal49 co-founder and CEO Akshay Dodeja describes the problem of data silos in global trade and how they negatively impact intermodal carriers. Dodeja explains how international shipping companies can open up this data to provide true visibility and better planning for shippers and carriers who haul those goods once they reach their port of...

https://www.freightwaves.com/news/intermodal-summit-breaking-down-information-silos

4 challenges of drayage — and the FreightTech companies solving them

Drayage, in its simplest form, is the transportation of freight from an ocean port to its initial inland destination. These moves tend to average no more than 50 miles, taking containers to rail yards to be put on a train or sending them to nearby warehouses to be sorted, segmented and routed to their next destination.

While the distances are comparatively short, the logistics of routing 11 million maritime containers in and out of ports every year has its full share of challenges.

Below are four...

https://www.freightwaves.com/news/4-challenges-of-drayage-and-the-freighttech-companies-solving-them

Shifl partners with Terminal49 to leverage drayage data expertise

Shifl, an international freight forwarder, announced Monday it has partnered with Terminal49, a shipment- and container-tracking platform, to give customers accurate, real-time visibility that synchronizes all parties involved with international shipping.

“The partnership with Terminal49 has been amazing,” said Shabsie Levy, the founder and CEO of Shifl, in an interview with FreightWaves. “We are furthering our goal of creating visibility tools for our customers and being able to manipulate and...

https://www.freightwaves.com/news/shifl-partners-with-terminal49-to-leverage-drayage-data-expertise

Terminal49 offers free ocean freight monitoring software during Covid-19 crisis

Company cites poll showing logistics teams struggling with rapid ETA changes.
Oakland, California: Terminal49 today announced that their turnkey ocean freight monitoring
software will be offered free to assist those operating in this turbulent logistics environment.
“We polled our customers and industry contacts about how we could help,” said Terminal49
CEO Akshay Dodeja, “over a third said they were struggling with rapid ETA changes and half
were completely reworking delivery plans. This …

The...

https://theloadstar.com/terminal49-offers-free-ocean-freight-monitoring-software-during-covid-19-crisis/