Category: Trucking News

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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Trucking exec ‘stuns’ senator with safety stats

Cooperation among trucking, Congress, regulators is ‘pathway' to improvement A leading Senate proponent of more strict truck safety regulations called it “stunning,” after hearing the details of fleet-wide accident reductions through investment in advanced safety systems—but the CEO of one of the country's largest trucking companies quickly explained that the trucking industry didn't need more regulations, just the “right” ones.

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Omnitracs, Peloton partner to offer truck platooning system

System will help locate capable trucks for inter-fleet platooning opportunities, companies say; pre-orders to begin this year Fleet management systems provider Omnitracs announced that it has partnered with Peloton Technology, a developer of connected and automated vehicle systems, to bring Peloton's truck platooning technology to Omnitracs customers. Pre-orders for the fuel-saving product are slated to begin this year.

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