logistics
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SAP wants to bridge the gap between IoT and business data
SAP announced a new tool today called the Leonardo IoT Bridge designed to help bridge the gap between data coming from sensors in the field and business systems operating inside a firm.
The manufacturing sector is in the middle of a massive shift where machines are being equipped with sensors that transmit torrents of data about their health, and the environment around them, over the… Read More
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Mercedes-Benz and Matternet unveil vans that launch delivery drones
Mercedes-Benz Vans and drone tech startup Matternet have created a concept car, or as they’re calling it a Vision Van, that could change the way small packages are delivered across short distances. The Vision Van’s rooftop serves as a launch and landing pad for Matternet’s new, Matternet M2 drones. The Matternet M2 drones, which are autonomous, can pick up and carry a… Read More
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InstaSupply keeps all your invoicing ducks in a row
Ah, supply invoicing. As a lad my dear old father used to dandle me on his knee and speak of the great supply invoice systems of yore. He came from an era when supply managers were giants, men and women of valor. “Don’t go tryin’ anything new in Logistics, wee Johnny,” he’d say, pipe tobacco dribbling onto his sweater. “The old ways are best ways,… Read More
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Verizon buys Fleetmatics for $2.4B in cash to step up in telematics
Hot off the heels of its acquisition of Yahoo last week for $4.8 billion, today Verizon announced another huge purchase: it’s buying Fleetmatics, a telematics company based out of Dublin, Ireland, for $2.4 billion in cash, to build out the products that it offers to enterprises in the areas of logistics and workforces that are on the move. The deal will make Fleetmatics a part… Read More
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Narvar raises $22 million to help internet retailers deliver physical goods without frustrating customers
Battery Ventures led a $22 million, Series B investment in Narvar Inc., a company helping internet retailers keep their customers happy post-purchase, meaning until their packages are delivered, and if need be, successfully returned for an exchange or refund. Battery was joined by Fung Capital, a logistics-focused fund, and Narvar’s earlier backers Accel Partners and Freestyle… Read More
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ShipBob raises $4 million to help small retailers ship goods like Amazon Prime
Small businesses that sell physical goods online are struggling to delight customers and fulfill orders in an era where Amazon Prime sets an expectation for affordable, same- or next-day delivery. While the largest e-commerce players can leverage economies of scale to give their customers affordable rapid delivery options, small businesses are stuck with standard rates at USPS, FedEx and UPS.… Read More
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How DHL Pioneered The Sharing Economy
DHL, the international express delivery company, started its business by offering free plane tickets to people on the street. For the trouble of giving up their baggage allowances, passengers were handed a free round trip plane ticket to Hawaii. Founded as a courier service in 1969, DHL used the spare capacity in travelers’ luggage to transport high value documents. To understand why it… Read More
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Rivigo, An Indian Logistics Startup That Uses Tech To Ensure Driver Safety, Raises $30M Series B
Rivigo, an Indian startup that wants to build a more reliable and safer logistics network, has raised a $30 million Series B led by SAIF Partners. The funding, which includes equity and debt financing, will go toward improving Rivigo’s proprietary hardware platform, which it uses to reduce driver fatigue, find the best traffic routes, and monitor the performance of its trucks. Read More
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Hyperlocal Logistics Startup Opinio Lands $7M Series A To Launch In New Indian Cities
Opinio is the latest hyperlocal delivery startup in India to score funding. The company announced today that it has raised a $7 million Series A from Delhivery, a logistics firm, Sands Capital, and Accel Partners. Shotput Wants To Be The AWS For Logistics
“We’re in a unique, extremely unsexy industry,” explained James Steinberg, who founded Shotput with fellow Northeastern University graduate Praful Mathur around 18 months ago. Part of Y Combinator’s summer 2015 class, Shotput provides an end-to-end product delivery and fulfillment suite to customers. Started as a response to the frustration the cofounders experienced… Read More
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