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August 2026

5U AI Raises $3.2M For Forwarder Platform

Enterprise AI startup Freehand has raised US$75 million to expand deployment of autonomous artificial intelligence agents designed to manage supply chain spending, procurement and invoice processing for large global manufacturers and retailers. The Series B financing was co-led by Battery Ventures and NewRoad Capital Partners, with participation from PSP Growth, Nexus Venture Partners and existing investors. The company said the new capital will support product development and expand deployments among Fortune ... [+]

DHL Freight to Use Europe-built Electric Truck

DHL Freight will become the first operator of the European-built SuperPanther eTopas 600 electric heavy-duty truck, marking another step in the company's effort to decarbonize its road freight fleet. The first production vehicle rolled off the assembly line at Steyr Automotive's plant in Austria and will be transferred to the Netherlands ... [+]