aifleet’s Post

Supply Chain Tech Startups Consolidation Continues CDL acquires NEXT! Combining 2 digital freight brokers capabilities in the US market, following the shutdown of Convoy, this is a space where it will be hard to raise money. Getting to profitability will be critical.

Wow. This article by Paul Berger is worth reading if logistics technology is your thing. By 2018, it had become clear to me and Lisa Morales-Hellebo that we had to think about REFASHIOND Ventures: The Industrial Transformation Fund quite differently than conventional wisdom would suggest if we wanted to protect our limited partners from the vagaries of economic cycles. The process of back and forth debate and discussion we went through has led us to the current version of our investment thesis. Our Thesis: REFASHIOND Ventures: The Industrial Transformation Fund invests in early stage startups refashioning legacy industries through Data & AI, Advanced Materials, Advanced Manufacturing, & Next Generation Supply Chains; Defensible through economic moats. We emphasize scalable networks, platforms, ecosystems, and information infrastructure. We launched with a rolling fund on AngelList in July 2021, and made our first investment in September 2021. We have now closed 53 investments across 47 startups. Join us. It's still Day 0, and the opportunity couldn't be any bigger; We are in the early-stages of the largest sector-driven investment opportunity of our lifetime - the technology-driven refashioning, transformation, and reinvention of industrial value chains AND supply chains. #IndustrialTransformation #SupplyChain #Innovation #Technology #Startups #VentureCapital 

Flexport is in talks to buy the technology of collapsed digital freight startup Convoy Inc, a move that would expand the freight forwarder’s push into the domestic US trucking market as the company seeks to climb back into profitability, The Wall Street Journal reported. As part of the deal, Flexport would bring on a small team of business, product and tech experts from Convoy, a one-time darling of venture-capital investors that ceased operations this month. The company wouldn’t acquire Convoy’s overall business, nor any physical assets such as truck trailers or real estate. Flexport also wouldn’t absorb Convoy’s liabilities under terms of the deal under discussion. #MergersAcquisitionsDivestitures #Trucking #Software

The trucking industry is facing unprecedented challenges, with many companies unfortunately having to make tough decisions. At Sureway we recognize these difficult times, and we're here to stay. While some may not weather this storm, we want to assure our partners and clients that Sureway is here for the long haul. We are committed to your success and are ready to navigate the challenges alongside you. In uncertain times, count on Sureway for reliability, stability, and unwavering support. #TruckingIndustry #StayingStrong #SurewayTransportationSWFL

Pioneering a New Chapter: Flexport Eyes Convoy’s Tech to Venture into Domestic Trucking In a bold stride towards domestic trucking, Flexport is actively engaging in discussions to acquire the technology of the recently faltered digital freight brokerage, Convoy. This strategic move hints at Flexport's ambitious vision to solidify its footprint in the U.S. trucking domain, marking a significant leap towards re-attaining profitability. The talks, as reported, are ongoing with a potential to not only inherit Convoy's technology but also to integrate a small cadre of its business, product, and tech aficionados into the Flexport family. The venture underscores a broader narrative of resilience and innovation amidst a challenging freight shipping landscape since 2022. As Flexport Founder Ryan Petersen re-immerses into the operational helm, this possible acquisition could rekindle Convoy's trucking services for numerous customers, fostering a symbiotic revival of both entities. It’s not just a technology acquisition; it's a statement of adaptability and forward-thinking in a constantly evolving logistics sector. Article link: https://lnkd.in/gQYEJQeX #Flexport #Convoy #Trucking #FreightForwarding #Logistics #TechnologyAcquisition #InnovationInLogistics

Revolutionizing Cargo Shipping: Ship Smart, Ship on Fretigo! Are you tired of the hassle and uncertainty of traditional cargo shipping processes? Say goodbye to lengthy paperwork, endless phone calls, and unpredictable delays. It's time to embrace a smarter, more efficient way to ship your cargo - online! Introducing fretigo.com, your trusted partner in revolutionizing the cargo shipping industry. With our innovative online platform, we're simplifying the entire shipping process, putting the power in your hands. It's time to embrace the future of cargo shipping. Say hello to convenience, reliability, and efficiency. Say hello to Fretigo. Ready to experience the difference? Visit our website fretigo.com today to learn more and start shipping smarter, faster, and easier than ever before! #fretigo #digitalfreightforwarder #onlinefreight #oceanfreight #airfreight #freightforwarding #freightforwarders #redsea #shippingsolutions #shippingworldwide #shippingnews #containershipping #exporter #importexport #internationalbusiness #cmacgm #gdfnetwork #msc #hapaglloyd #maersk #statista #flexport #digitalfreight #indianeconomy #startup #innovation

In today's fast-paced shipping landscape, staying on top of every shipment's status and ensuring smooth operations can be a challenge. That's why fretigo has developed MyDashboard, a powerful tool designed to empower you with real-time insights and control over your shipments like never before. With MyDashboard, we're putting the power of shipment control directly into your hands, empowering you to optimize processes, minimize disruptions, and deliver exceptional service to your customers. Ready to take control of your shipments like never before? Get started with free registration on fretigo.com and experience the future of logistics management! #fretigo #digitalfreightforwarder #onlinefreight #oceanfreight #airfreight #freightforwarding #freightforwarders #redsea #shippingsolutions #shippingworldwide #shippingnews #containershipping #exporter #importexport #internationalbusiness #cmacgm #gdfnetwork #msc #hapaglloyd #maersk #statista #flexport #digitalfreight #indianeconomy #startup #innovation

Revolutionizing Cargo Shipping: Ship Smart, Ship on Fretigo! Are you tired of the hassle and uncertainty of traditional cargo shipping processes? Say goodbye to lengthy paperwork, endless phone calls, and unpredictable delays. It's time to embrace a smarter, more efficient way to ship your cargo - online! Introducing fretigo.com, your trusted partner in revolutionizing the cargo shipping industry. With our innovative online platform, we're simplifying the entire shipping process, putting the power in your hands. It's time to embrace the future of cargo shipping. Say hello to convenience, reliability, and efficiency. Say hello to Fretigo. Ready to experience the difference? Visit our website today to learn more and start shipping smarter, faster, and easier than ever before! #fretigo #digitalfreightforwarder #onlinefreight #oceanfreight #airfreight #freightforwarding #freightforwarders #redsea #shippingsolutions #shippingworldwide #shippingnews #containershipping #exporter #importexport #internationalbusiness #cmacgm #gdfnetwork #msc #hapaglloyd #maersk #statista #flexport #digitalfreight #indianeconomy #startup #innovation