The shipping and logistics space is being rapidly transformed by technology — so it’s no surprise that this is a space ripe for significant disruption.
View More The two forces reshaping the landscape of shipping and logisticsCategory: Logistics
UPS partners with drone startup Matternet for medical sample deliveries
Unmanned drone deliveries are making their way inside the UPS network. Thanks to a partnership with drone startup Matternet, UPS will start delivering medical samples via unmanned drones at WakeMed’s hospital in Raleigh, North Carolina. With the approval of the Federal Aviation Administration and North Carolina’s department of transportation, UPS and Matternet will conduct routine […]
View More UPS partners with drone startup Matternet for medical sample deliveriesOur 9 favorite startups from Y Combinator W19 Demo Day 2
Heathcare kiosks, a home-cooked food marketplace, and a way for startups to earn interest on their funding topped our list of high-potential companies from Y Combinator’s Winter 2019 Demo Day 2. 88 startups launched on stage at the lauded accelerator, though some of the best skipped the stage as they’d already raised tons of money. […]
View More Our 9 favorite startups from Y Combinator W19 Demo Day 2FedEx’s new autonomous delivery bot has iBot wheelchair DNA
FedEx is a courier delivery and logistics company; and in 2019, that means it must also have an autonomous delivery bot. The delivery services company, known for its overnight shipping, unveiled Wednesday an autonomous delivery device called SameDayBot. The bot, which will be tested this summer in select markets including FedEx’s hometown Memphis, is being […]
View More FedEx’s new autonomous delivery bot has iBot wheelchair DNAFord partners with geocoding startup what3words
Ford is partnering with what3words to give drivers access to the startup’s novel addressing system. Under the partnership, drivers will be able to connect to the free what3words app — on an iOS or Android device — to their vehicle via their SYNC 3 infotainment platform. Drivers can find the three-word address on website contact […]
View More Ford partners with geocoding startup what3wordsLogistics startup Flexport just raised a Softbank-led round at a whopping $3.2 billion valuation
Flexport, a 5.5-year-old, San Francisco-based full-service air and ocean freight forwarder, says it has raised $1 billion in fresh funding led by the SoftBank Vision Fund. Earlier backers of the company, including Founders Fund, DST Global, Cherubic Ventures, Susa Ventures and SF Express, all participated in the round, which reportedly pegs the company’s post-money valuation […]
View More Logistics startup Flexport just raised a Softbank-led round at a whopping $3.2 billion valuationInvestors are pouring money into Latin America’s logistics and shipping businesses
New technology companies are poised to transform the shipping and freight industry across Latin America. Startups like Liftit, a Colombian provider of trucking services, and Nowports, a Mexican freight shipping startup, are angling to be the next Convoy and Flexport — at a time when shipping and logistics business in Latin America is booming thanks […]
View More Investors are pouring money into Latin America’s logistics and shipping businessesUber Freight co-founders and top dealmakers join logistics startup Turvo
Uber Freight co-founders Charlie Bergevin and Brian Cristol have left for Turvo, a venture-funded collaborative logistics platform.
View More Uber Freight co-founders and top dealmakers join logistics startup TurvoInstacart faces class-action lawsuit regarding wages and tips
Instacart is facing another class-action lawsuit pertaining to the way it pays its independent contractors, NBC News reports. Instacart guarantees its workers at least $10 per job, but workers are alleging Instacart offsets wages with tips from customers. The suit alleges Instacart “intentionally and maliciously misappropriated gratuities in order to pay plaintiff’s wages even though […]
View More Instacart faces class-action lawsuit regarding wages and tipsThe next big bet for former Uber CEO Travis Kalanick may be cloud kitchens — in China
Former Uber CEO Travis Kalanick may have been nudged out of one of the world’s most highly valuable private companies by investors frustrated over its troubled culture, but his moves remain of great interest given how far he’d driven the ride-share giant. One such move, according to a new report in the South China Morning […]
View More The next big bet for former Uber CEO Travis Kalanick may be cloud kitchens — in ChinaDarkstore raises $7.5 million Series A round for its same-day fulfillment center
Darkstore, a technology-driven fulfillment solution for companies like Nike and others, has raised a $7.5 million Series A round. With the additional funding in hand, Darkstore plans to expand its fulfillment center into more categories. Currently, Darkstore fulfills products for brands in the areas of footwear, home and consumer electronics. With the funding, Darkstore will […]
View More Darkstore raises $7.5 million Series A round for its same-day fulfillment centerHow Jyve secretly raised $35M & built a $400M retail gig economy
What if instead of just accepting Uber rides, gig workers could pick from higher paying skilled tasks around town like stocking shelves, checking inventory, or driving a forklift at a local grocer? When they work quickly and accurately or learn new trades, they get to choose between more complex jobs. That’s the idea that’s racked […]
View More How Jyve secretly raised $35M & built a $400M retail gig economy