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Supply Chain
Beacon | October 04, 2021
Beacon, the digital supply chain and freight platform, has raised over $50 million in its Series B round, led by Northstar.vc. Upper90 also participated as a new investor. The fresh capital will be used to grow the team, continue the development of Beacon's technology and expand into new markets. Since completing its Series A in early 2020, Beacon has experienced hyper growth as a result of surging customer demand. Revenue has grown 12x in the last 12 months, while the team ha...
Freight
Transfix | July 02, 2021
Transfix, a leading transportation solution supplier announced a new collaboration with TriumphPay, a forward-thinking carrier payment platform. The collaboration will help Transfix improve the payment process for freight carriers by enabling them to post-load payments more conveniently, quicker, and controllably. The new collaboration enables carriers to streamline current procedures, reduce accounting friction, and monitor the status of their payments 24/7 without making a call....
JD Logistics | August 18, 2020
During the second quarter, JD.com opened a warehouse in Langfang, Hebei province, near Beijing that marks the company's first foray into automated storage and retrieval of big and bulky goods, the e-tailer announced in a press release accompanying its Q2 earnings release Monday. The system is "greatly improving efficiency in handling items including air conditioners, refrigerators and furniture," according to the release.The company's in-house logistics arm, JD Logistics,...
Sixfold | May 10, 2021
Sixfold, Europe's leading real-time transportation visibility platform has launched a data-sharing campaign aimed at a new era of openness, accessibility, and transparency in the supply chain and logistics sectors. The Open Visibility Data Exchange establishes a new data-sharing standard, allowing carriers and logistics service providers (LSPs) to take ownership of their real-time visibility data and optimize value for stakeholders in the supply chain. Accurate shipping ETAs h...
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