Transportation funding gaps likely to grow

West Central Tribune | September 12, 2016

Transportation funding gaps likely to grow
WILLMAR—Transportation funding needs will continue to grow as the state attempts to expand public transit services in rural areas and maintain its existing roads, bridges and other infrastructure. The funding gap for state transportation needs is projected to be in the range of $18 billion over the next 20 years, and that's based on a strategy focused on preservation and not expansion, according to information from Mark Nelson, planning director of the transportation system management office with the Minnesota Department of Transportation's central office.

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SUPPLY CHAIN

project44 Buys Last-Mile Delivery and Customer Experience Leader, Convey, in $255M Acquisition

project44 | September 22, 2021

project44, the global leader in real-time supply chain visibility, today announced that it has acquired Austin-based Convey, the last-mile technology leader that powers exceptional direct-to-consumer delivery experiences for more than 200 of the world’s largest brands, including The Home Depot, Nieman Marcus, Ferguson, Ingram-Micro, and others. Convey, recognized as a Challenger in the Gartner 2021 Magic Quadrant for Real-Time Visibility Platforms, combines real-time visibility, post-purchase experiences, and machine learning-powered analytics to improve the overall customer experience. Together, the two companies now serve the global supply chain end-to-end, providing real-time visibi...

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LOGISTICS

Ezyhaul and DHL invest US$ 20M in UK based logistics tech startup Digihaul

Ezyhaul | September 21, 2021

Leading South Asia Digital Freight Platform, Ezyhaul, today announced that together with Deutsche Post DHL, it has invested US$ 20 million in UK based tech start-up Digihaul. DigiHaul connects shippers to qualified transporters through a frictionless digital freight platform, helping to tackle some of the biggest challenges in the supply chain industry. Having built one of the UK's largest transporter networks, DigiHaul provides shippers with immediate access to capacity across the UK with upfront pricing, and gives transporters the opportunity to take on new jobs, enabling them to grow or optimise their operations with new routes and backloading. "This...

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SUPPLY CHAIN

Altana AI Raises $15M Series A Investment to Build the Single Source of Truth On the Global Supply Chain

Altana AI | September 20, 2021

Altana AI has secured $15 million in Series A funding, led by GV (formerly Google Ventures). Floating Point, Ridgeline Partners, and existing investors Amadeus Capital Partners and Schematic Ventures joined the round, which closed in May 2021. Trade wars, the rise of e-commerce, covid supply chain shocks, and sustainability concerns are driving fundamental changes to supply chain networks and global trade flows. Altana AI is helping enterprises, governments, and logistics providers navigate these changes by connecting them to a shared source of truth on the global supply chain. The company's AI platform — the Altana Atlas — connects and learns fr...

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MANAGEMENT

Korber recognized by Gartner® in 2021 Critical Capabilities for Warehouse Management Systems Report

Körber Supply Chain | September 18, 2021

Körber has been recognized in all five-warehouse operation use cases in the 2021 Gartner Critical Capabilities for Warehouse Management Systems Report. The Critical Capabilities report, which empowers businesses to align their warehouse complexity with specific WMS solutions, is the sequential report to the 2021 Gartner Magic Quadrant for WMS report that placed Körber as a Leader. "Körber understands that supply chains have become increasingly complex in response to an ever-evolving market, and businesses need help finding and investing in technology solutions to prepare them for whatever lies ahead," said Chad Collins, CEO Software at Körber Busi...

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