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Small forwarders get tech boost from digital, capital demand Enabling forwarders to quickly quote rates to shippers has long been a staple of rate management system (RMS) providers, but those systems haven’t traditionally been embedded within a broader set of tools until… Small forwarders get tech boost from digital, capital demand Journal of Commerce

Supplier, border risks drive investment into trade platform Altana Altana AI has raised $15 million from a group of venture capital investors to expand its platform to help shippers, logistics services providers (LSP), and… Supplier, border risks drive investment into trade platform Altana Journal of Commerce

JOC Rankings: Disruption boosts NVOs to majority share of booming trans-Pacific US importers have increasingly turned to non-vessel-operating common carriers (NVOs) to secure capacity over the last 10 months amid widespread vessel and equipment shortages stemming from a massive spike in consumer… JOC Rankings: Disruption boosts NVOs to majority share of booming trans-Pacific Journal of […]

Software provider Blume to build out global footprint with new investment Supply chain technology provider Blume Global on Wednesday said it has received a cash infusion from London-based private equity firm Bridgepoint Group to build out its… Software provider Blume to build out global footprint with new investment Journal of Commerce

Google dives deeper into supply chain services with project44 tie-up Google, the fourth-largest company in the world by market capitalization and third-largest provider of cloud hosting services after Amazon Web Services (AWS) and Microsoft Azure, is diving head first into one of Amazon’s bread-and-butter… Google dives deeper into supply chain services with project44 tie-up Journal of Commerce

Vector.ai latest forwarding automation vendor to get VC backing Forwarding documentation automation specialist Vector.ai on Monday said it has raised $15 million in venture capital to expand its reach, continuing a pattern of investment into… Vector.ai latest forwarding automation vendor to get VC backing Journal of Commerce

Logistics investors plunge cash into ‘proof of delivery’ tech startup A software vendor focused on letting shippers collect digitalized proof of delivery (POD) for drayage, less-than-truckload (LTL), expedited air, and final-mile moves has snagged a $5.5 million round of funding to expand the reach of its platform. New Jersey-based Clockwork Logistics Systems, founded in 2017 by INTTRA veteran… Logistics investors plunge cash into ‘proof of delivery’ tech startup Journal of […]

Vizion nabs second funding round of 2021 in red-hot visibility market Early-stage ocean freight visibility provider Vizion is tapping into growing shipper and forwarder demand for container status data, raising a second round of new funding in seven months, the company said Friday. Palo Alto-based Vizion’s new $3.25 million venture capital round is the latest in a… Vizion nabs second funding round of 2021 in red-hot visibility market Journal of Commerce

Magaya targets digital forwarding needs with dual acquisitions Forwarding technology provider Magaya on Thursday acquired two companies to cater to global third-party logistics providers (3PLs) looking to improve their digital interactions with shippers around quoting and self-service tools. The twin purchases of Netherlands–based Qwyk and Boston-based SimpliShip will allow Magaya to… Magaya targets digital forwarding needs with dual acquisitions Journal of Commerce

Each link in the supply chain contributing to chaos With the international supply chain going “off the rails” in a such a… Each link in the supply chain contributing to chaos Journal of Commerce