Flexport may lay off workers yet again
Flexport, a logistics company with $2.7 billion in funding, is reportedly planning additional layoffs. © 2024 TechCrunch. All rights reserved. For personal use only.
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Read more: Flexport may lay off workers yet again -
Dextrous Robotics closes up shop
Read more: Dextrous Robotics closes up shopMemphis-based Dextrous Robotics is calling it a day. The news, noted by the Robot Report, was confirmed by the warehouse robotics firm’s CEO, Evan Drumwright, on LinkedIn. The executive spells out the company’s fate at the top of the post, noting, “Put…
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Asia, Fr8Labs, freight forwarder, Indonesia, logistics, Singapore, Southeast Asia, Startups, Tech Industry, Tech News, Venture
Backed by East Ventures, Fr8Labs aims to digitize Asia’s logistics industry
Read more: Backed by East Ventures, Fr8Labs aims to digitize Asia’s logistics industryIn Western markets, freight forwarders are well into digitizing their operations, but the same doesn’t hold true in Southeast Asia, say the founders of Fr8Labs. The reasons for that include the lack of localized software and a more fragmented logistics…
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Amazon announces Supply Chain by Amazon, which includes restocking physical stores
Read more: Amazon announces Supply Chain by Amazon, which includes restocking physical storesAmazon this morning announced an expansion of its logistics network that will allow its selling partners to move their products in bulk from Amazon’s low-cost storage service, Amazon Warehousing Distribution (AWD), to any sales channel, including physi…
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EC Newsletter, ElliQ, logistics, Longevity, Startups, Tech Industry, Tech News, TechCrunch Exchange newsletter, The Exchange, urban planning
Making the world a better place?
Read more: Making the world a better place?Managing returns efficiently is a necessity for online sellers; to keep their customers happy to retain them, but also because reducing their environmental impact becomes no longer optional.
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Kenyan logistics startup Sendy shuts down, embarks on asset sale
Read more: Kenyan logistics startup Sendy shuts down, embarks on asset saleSendy, a Kenyan logistics scale-up that enabled retailers to purchase FMCGs directly from manufacturers, among other services, is shutting down its operations and exploring a sale of its assets, TechCrunch has learned. Meshack Alloys, Sendy co-founder, confirmed the sale to TechCrunch without offering more details, saying: “We are in the middle of an acquisition process.…
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Rose Rocket, whose platform helps transportation companies communicate, raises $38M
Read more: Rose Rocket, whose platform helps transportation companies communicate, raises $38MIn 2015, Justin Sky, Justin Bailie and Alexander Luksidadi — all veterans of the trucking and logistics industry — came to the realization that, in order to get to a stage of real-time collaboration, the entire trucking industry needed to come online. Shippers, carriers and brokers — the intermediaries between carriers and shippers — had…
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Nigeria’s Haul247 wants to be Africa’s “Airbnb for trucks and warehouses”
Read more: Nigeria’s Haul247 wants to be Africa’s “Airbnb for trucks and warehouses”Haul247, a Nigerian end-to-end logistics platform connecting businesses to haulage and warehousing assets, has raised a $3 million seed round. Gender-lens investing fund Alitheia Capital provided the equity capital, with Investment One contributing $1 million in debt financing. The logistics startup allows small businesses and large companies to book trucks and warehouses across multiple African…
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Bessemer Venture Partners, Curri, funding, Last mile, logistics, Startups, Tech Industry, Transportation
Curri nabs $42M for its construction-focused last-mile logistics platform
Read more: Curri nabs $42M for its construction-focused last-mile logistics platformIn 2018, Matt Lafferty and Brian Gonzalez co-founded Curri, a tech platform focused on last-mile logistics for the construction industry. Their goal, they say, was to help customers, specifically distributors, save on operational costs and convert more sales — solving inefficiencies in construction along the way. “Curri provides last-mile logistics for construction and industrial supplies,”…
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Alibaba’s autonomous driving lab to focus more on monetization
Read more: Alibaba’s autonomous driving lab to focus more on monetizationAlibaba founded Damo Academy in 2017 to carve out a program focused on cutting-edge research that is relatively free of short-term money-making pressure. One of the Academy’s 16 labs conducts research on autonomous driving, which just announced a major change today. Damo’s autonomous vehicle lab will merge into Cainiao, Alibaba’s global logistics network, and will…
