uShip raises $25M Series D to fund next wave of logistics automation
International logistics company DB Schenker leads round
uShip, the online shipping marketplace and freight automation software provider, announced the close of a $25M Series D round led by DB Schenker.
DB Schenker’s funding comes on the heels of unprecedented investment in logistics and supply chain technology. Since 2015, top pure-play logistics corporations have made 26 investments and/or acquisitions (13 each year), while logistics tech startups were on pace (as of October) to raise $5B through over 300 deals in 2016, according to CB Insights.
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Source:: http://fleetowner.com/technology/uship-raises-25m-series-d-fund-next-wave-logistics-automation
