IT Suppliers
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 ...
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Cargo iQ has restructured its board to give airlines, freight forwarders and ground handling companies more balanced representation as it pushes wider adoption of its air cargo quality standards across the supply chain.
Three new members joined the board: Jeanne-Mari Reardon, vice president air product EMEA ...
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GEODIS has introduced electric delivery vehicles for last-mile operations in Vietnam, becoming one of the first logistics providers to deploy electric-powered urban distribution in the country.
The initiative supports business-to-business and business-to-consumer deliveries for luxury and retail customers in Ho Chi Minh City using VinFast EC ...
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By Jordan Kass
When Transportation Management Systems first emerged in the 1990s, shippers were excited about the promise of technology that could operate their supply chains. But as with all tech tools, they quickly realized these systems weren’t exactly the easy button they hoped for. A ...
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The rapid expansion of artificial intelligence is reshaping investment priorities, with capital increasingly flowing toward the physical infrastructure needed to support AI rather than the applications themselves, according to a new Baker Tilly report.
The firm’s Investment Monitor: AI & Digital Infrastructure concludes that data centers, ...
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FedEx is urging customers importing regulated consumer products into the United States to begin preparing now for the Consumer Product Safety Commission’s (CPSC) mandatory electronic filing requirement, warning that delays in establishing product records could slow customs clearance once the rule takes effect July 8.
In ...
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Federal authorities have arrested a California resident and chief executive of an Iranian technology company on charges he orchestrated a years-long scheme to acquire and ship U.S.-origin networking, security and encryption equipment to sanctioned Iranian nuclear and military entities.
The U.S. Department of Justice said Jamshid ...
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Swiss supply chain analytics provider Log-hub has launched a program aimed at helping logistics service providers identify hidden operational inefficiencies and recover lost margins across transport and distribution networks.
The initiative targets groupage, full truckload and fourth-party logistics operators facing continued pricing pressure and rising transport ...
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Awery Aviation Software has won the International Air Transport Association ONE Record Hackathon for the fifth time, developing a real-time cargo monitoring solution during the 48-hour event in Hong Kong.
The winning platform, called Voyager, was designed to integrate with the ONE Record API and provide ...
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By James Wee
(From FBJNA's May Issue) Every fleet operation generates a massive volume of execution data every day: GPS pings, delivery timestamps, service durations, route deviations and more. This data holds significant potential to improve route planning and operational performance. In most organizations, however, much ...
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