• Freight trucking startup Shipwell gets a $10 million boost

    6 days ago - By Tech Crunch

    Shipwell , a startup pitching a marketplace for domestic ground shipping and fleet and cargo management services for freight trucking companies, has raised $10 million in a new round of funding.
    A booming American economy coupled with failing infrastructure and a low-margin business reluctant to adopt new technologies have put stress on domestic logistics companies in the $900 billion market for U.S. trucking services.
    Shipwell combines a marketplace for shippers to connect with freight companies and online tools to manage those shipments. In effect, the company is pitching a version of...
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  • Loadsmart raises $21.6 million for AI freight booking

    Loadsmart raises $21.6 million for AI freight booking

    6 days ago - By Venture Beat

    Roughly 80 percent of all cargo in the United States is transported by the 7.1 million people who drive flatbed trailers, dry vans, and other heavy lifters for the country's 1.3 million trucking companies. The trucking industry, which generates $726 billion in revenue annually, is forecast to grow 75 percent by 2026 - and digital freight brok...
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