Posts filtered by tags: Logistics[x]


Amazon is hiring 75,000 workers with starting pay of more than $17 and $1,000 signing bonuses - plus another $100 for proof of vaccination

Photo by Martin Schutt/picture alliance via Getty Images Amazon is hiring 75,000 people in its fulfillment and logistics network across the US and Canada. The positions offer an average starting wage of $17 and signing bonuses of up to $1,000. New hires who can show proof of vaccination against COVID-19 will receive a further $100 bonus. See more stories on Insider's business page. Amazon announced Thursday that hiring is underway for more than 75,000 positions in the company's fu...
Tags: Amazon, Jobs, News, Washington Post, US, Careers, Trends, Canada, Retail, Wisconsin, Miami, Logistics, Hiring, Glassdoor, Phil Bryant, Tech Insider

E-commerce tracking platform AfterShip raises $66M led by Tiger Global

AfterShip launched in 2012 to help online sellers track packages across different carriers, but since then it has built a suite of data analytics tools covering almost every step of the shopping experience, from email marketing to customer retention. The Hong Kong-headquartered startup announced today it has raised a $66 million Series B led by Tiger Global, with participation from Hillhouse Capital’s GL Ventures. AfterShip’s last round of funding was a $1 million Series A in 2014. Co-founder An...
Tags: Fundings & Exits, Startups, TC, Ecommerce, Asia, Hong Kong, Tech, United States, Dyson, Logistics, Tiger Global, Inditex, Fulfillment, CHAN, Andrew Chan, Hillhouse Capital

Bubble tea drinkers could be out of luck as a shortage of boba and other products may make the sweet drink hard to find

Bubble tea. bebe14/Shutterstock bebe14/Shutterstock Bubble tea supplies are running low amid a shortage caused by backed-up US ports. Tapioca pearls, popping bobas, and flavored powders and syrups are stuck in transit. The products are the latest among many that have faced a shortage during the pandemic. See more stories on Insider's business page. Your favorite bubble tea shop may not be serving its signature drink for a while as shipping delays are keeping some retailers from getting...
Tags: News, US, Trends, Supply Chain, Chicago, Retail, Starbucks, Shortage, Ports, Logistics, Yoon, East, San Francisco Chronicle, Oat Milk, Pandemic, Bubble Tea

Companies that have containers on the Ever Given could have to help pay the up to $1 billion Egyptian authorities are demanding before the ship leaves the Suez Canal

The Ever Given container ship in the Suez Canal on March 29, 2021. Suez Canal Authority via AP The Suez Canal Authority said the Ever Given can't leave until $1 billion in damages is paid. The $1 billion would likely include paying for the tugboats and dredging ships that freed the ship. The owner of the Ever Given declared "General Average," so insurance could pay some of the damages. See more stories on Insider's business page. Though three weeks have passed since the Ever Given ...
Tags: Transportation, UK, London, News, India, Trends, High Court, Ap, Egypt, Shipping, Evergreen, Logistics, Suez Canal, SCA, High Court of Justice, Rabie

Mexican unicorn Kavak raises a $485M Series D at a $4B valuation.

Kavak, the Mexican startup that’s disrupted the used car market in Mexico and Argentina, today announced its Series D of $485 million, which now values the company at $4 billion. This round more than triples their previous valuation of $1.15 billion, which established them as a unicorn just a couple of months ago in October of 2020. Kavak is now one of the top five highest-valued startups in Latin America. The round was led by D1 Capital Partners, Founders Fund, Ribbit, and BOND, and brings K...
Tags: Startups, Transportation, Ecommerce, Apps, Mexico, Finance, Funding, Articles, Tech, Colombia, Automotive, Used Cars, Brazil, Argentina, Online Marketplace, Logistics

Nuvocargo raises $12M to digitize the freight logistics industry

Despite hundreds of billions of dollars’ worth of goods flowing across the U.S.-Mexican border each year, the freight industry has remained analog — each side of the border offering up its own maze of bureaucracy. Nuvocargo, a digital logistics platform for cross-border trade, is trying to modernize the process. The company offers an all-in-one service that rolls freight forwarding, customs brokerage, cargo insurance and even trade financing into one UI-friendly software and app. Housing all of ...
Tags: Transportation, Tech, Logistics, QED Investors, Series A, Deepak, Deepak Chhugani, Chhugani, Nuvocargo, David Velez Michael Ronen Raymond Tonsing, Clocktower Investors NFX, Lauren Connolley Morton

UPS reveals plan to buy hundreds of eVTOLs that can fly up to 250 miles to deliver packages - take a look

A rendering of Beta Technologies' eVTOL aircraft. UPS UPS is planning to buy electric takeoff and land aircraft, or eVTOLs, to transport packages. Beta Technologies' Alia-250C is the shipping giant's eVTOL of choice, with options for 150 aircraft. The electric aircraft can carry 1,400 pounds of payload and travel up to 250 miles emission-free. See more stories on Insider's business page. UPS is going electric - in the air. A rendering of Beta Technologies' eV...
Tags: Travel, Transportation, New York, News, Air Travel, Washington, Planes, Los Angeles, Trends, Features, UPS, Flying, Shipping, Reid Hoffman, Archer, Las Vegas

ABB and AWS team up to create an EV fleet management platform

Swiss automation and technology company ABB has announced a collaboration with Amazon Web Services (AWS) to create a cloud-based EV fleet management platform that it hopes will hasten the electrification of fleets. The platform, which the company says will help operators maintain business continuity as they switch to electric, will roll out in the second half of 2021. This announcement comes after a wave of major delivery companies pledged to electrify their fleets. Amazon already has a num...
Tags: Amazon, Transportation, California, Tech, UPS, Automotive, Electric Vehicles, Shipping, Aws, DHL, Logistics, Amazon Web Services, Fedex, Mckinsey, Abb, Ev

Boston Dynamics unveils Stretch, a new robot designed to move boxes in warehouses

Stretch robot. Boston Dynamics Boston Dynamics just introduced Stretch, a new robot for moving boxes in warehouses. The company is best known for creating Spot, the robotic dog. Stretch is in a pilot program now, and will make a commercial debut in 2022. See more stories on Insider's business page. Boston Dynamics, the robotics firm behind Spot the robot dog, just unveiled a new robot. Stretch is designed to work in warehouses moving boxes, with a long robotic arm for moving objects.It...
Tags: Amazon, News, Trends, Tech, Robotics, Logistics, Warehouse, Boston Dynamics, Spot, Tech Insider, Boston Dynamics Boston Dynamics, Mary Meisenzahl

This is Boston Dynamics’ next commercial robot

Boston Dynamics’ transition from a decades-long research robotics firm to a company that productizes and sells hardware has been a fascinating one to watch. There have been some tough lessons along the way, including the very real lesson that at the end of the day, most robots in the world will be deployed for mundane tasks. Sure, the company will continue to court the public with fun viral videos of its technology dancing to the oldies, but when it comes to actually selling robotics, the target...
Tags: Amazon, San Francisco, Tech, Atlas, Robotics, Logistics, Hyundai, Stretch, Boston Dynamics, Berkshire Grey, Kinema Systems, Kevin Blankespoor, Blankespoor, Boston Dynamics VP of Product Engineering

Logistics – Dry Van vs. Reefer: Which Is Best?

The decision to go with a dry van or reefer trailer will lean heavily on the type of cargo being transported. The post Logistics – Dry Van vs. Reefer: Which Is Best? appeared first on Young Upstarts.
Tags: Startups, Transportation, Supply Chain, Logistics, Others, Transport Business

Amazon begins testing its Rivian electric delivery vans in San Francisco

Amazon is expanding customer deliveries via electric cargo vehicle to San Francisco, making the Bay Area the second of 16 total cities the company expects to bring its Rivian-sourced EVs to in 2021.  San Francisco’s unique terrain and climate were a couple of the reasons Amazon said it chose the city for its second round of testing. Its EVs, which were designed and built in partnership with Rivian, can last up to 150 miles on a single charge.  Amazon began testing its electric delivery van ...
Tags: Amazon, TC, Transportation, Los Angeles, San Francisco, Tech, UPS, Automotive, Electric Vehicles, Richmond California, DHL, Logistics, EVs, Delivery, Fedex, Bay Area

Jobandtalent takes $120M from Softbank to enter the US market

Spain’s Jobandtalent, a digital temp staffing agency startup which operates a dual-sided platform that matches temps with employers needing casual labor in sectors like ecommerce, warehousing, logistics and manufacturing, has grabbed €100 million (~$120M) in Series D funding from SoftBank’s Vision Fund 2. Previous investors — including Atomico, Seek, DN Capital, InfraVia, Quadrille, Kibo and FJ Labs — also participated in the round. The new raise fast-follows a $108M top up to Jobandtalent’s Ser...
Tags: Fundings & Exits, TC, Europe, Softbank, US, Tech, Spain, Italy, Netherlands, Portugal, Logistics, Santander, Hiring, Jobandtalent, Blackrock, Bayer

Egypt’s customer engagement platform for F&B brands in MENA, Koinz, raises $4.8M seed

As the restaurant industry across different cities was massively hit by the pandemic-induced lockdowns last year, food aggregator platforms helped by driving online customers to them. Koinz is one such startup in Egypt. Its value for food and beverages brands before, during and after the lockdowns has bagged the startup a $4.8 million seed round. Founded in 2018 by Hussein Momtaz, Ahmed Said, and Abdullah Al Khalidi, Koinz set out to solve two major problems in Egypt’s food aggregation indu...
Tags: Food, Startups, TC, Ecommerce, Saudi Arabia, Funding, Africa, Tech, Egypt, Middle East, Nfc, Food Delivery, Logistics, Mena, Hussein, Egypt Turkey

Nitex Takes Fashion Forward

Muhummad Mahdi (left) and Arifin Hasan (right), Founders of Nitex In 2012, Bangladeshi computer science student Muhammad Mahdi received a call from an old high school friend, Arifin Hasan. A year ago they parted ways for college after having been friends for 7 years. Hasan wanted to meet up again.As conversation began, they, like many college students, began fantasizing about building their dream companies. But the fuel driving their dream was a bit deeper than the usual “I want to be the next...
Tags: Startups, Fashion, UK, Startup, Bangladesh, Denmark, Manufacturing, Zara, Logistics, Mahdi, Hasan, Salling, Austin Startups, Venture-capital, Sputnik ATX, Nitex Takes Fashion Forward

Indonesian logistics startup SiCepat raises $170 million Series B

SiCepat, an end-to-end logistics startup in Indonesia, announced today it has raised a $170 million Series B funding round. Founded in 2014 to provide last-mile deliveries for small merchants, the company has since expanded to serve large e-commerce platforms, too. Its services now also cover warehousing and fulfillment, middle-mile logistics and online distribution. Investors in SiCepat’s Series B include Falcon House Partners; Kejora Capital; DEG (the German Development Finance Institution); T...
Tags: Fundings & Exits, Startups, TC, Ecommerce, Asia, Indonesia, Southeast Asia, Tech, Logistics, Jakarta, Temasek Holdings, MDI Ventures, Telkom Indonesia, Kargo, East Ventures, Daiwa Securities

Flextock is a YC-backed e-commerce fulfillment provider for Africa and the Middle East

When merchants launch their e-commerce businesses, they can easily manage the end-to-end operations in the early stages. But as they begin to grow, managing their own operations, from warehousing and logistics to delivery and cash collection, can become difficult. This  can prevent them from scaling effectively despite having a steady inflow of demand . Now, there’s a need to offload some of this workload. This is where e-commerce fulfillment services come in handy. Today, Flexto...
Tags: Startups, TC, Ecommerce, Uber, Saudi Arabia, Africa, Tech, E-commerce, Egypt, Middle East, Logistics, Nestle, Mena, North Africa, Bain Company, Odoo

Indonesian supply chain startup Advotics raises $2.75M led by East Ventures

The rapid growth of e-commerce in Indonesia, especially during the pandemic, is placing increasing demands on its supply chain infrastructure. But the country’s logistics industry is highly fragmented, with companies usually relying on multiple providers for one shipment, and many warehouses are still concentrated around major cities. Advotics wants to help with software to make the whole supply chain easier to track, and recently closed a $2.75 million funding round led by East Ventures. Founde...
Tags: Amazon, Fundings & Exits, Startups, TC, Ecommerce, Asia, Indonesia, Southeast Asia, Supply Chain, Tech, Logistics, SMEs, Linker, Kargo, East Ventures, Statistics Indonesia

Rainmaking launches Motion Ventures to boost innovation in the maritime industry

A new fund has launched, with backing from the Singaporean government, to support tech innovation for the maritime industry. Called Motion Ventures, it is targeting $30 million SGD (about $22.8 million USD) and has completed its first close, with Wilhelmsen, one of the world’s largest maritime networks, and logistics company HHLA as anchor investors. Motion Ventures was launched by Rainmaking, the venture building and investment firm that runs accelerator program Startupbootcamp, and will jointl...
Tags: Fundings & Exits, TC, Asia, Southeast Asia, Singapore, Supply Chain, Tech, Maritime, Logistics, Hon, Wilhelmsen, HHLA, Rainmaking, Motion Ventures, SEEDS Capital, Called Motion Ventures

Gophr, the UK last-mile delivery company, picks up £4M funding

Gophr, a U.K.-based last-mile delivery provider, has raised £4 million in funding as it looks to invest in its product off the back of 300% revenue growth during the last 12 months. Leading the round is pan-European B2B investor Nauta Capital. The company had previously raised £1 million in two rounds, including £500,000 from publicly listed Auctus Alternative Investments. Noteworthy, Gophr’s co-founder and CEO, Seb Robert, tells me the 2015-founded company reached monthly net profitability arou...
Tags: Fundings & Exits, Startups, TC, Europe, UK, Berlin, Tech, Turkey, Logistics, Valk Fleet, Jinn, Robert, U K, Nauta Capital, Seb Robert, Gophr

Locus Robotics has raised a $150M Series E

Massachusetts-based Locus Robotics today announced a $150 million Series E. The round, led by Tiger Global Management and Bond, brings the firm’s total to around $250 to date, and values the robotics company at $1 billion. Locus is notable for a more modular and flexible solution for automating warehouses than many of its competitors (see: Berkshire Grey). The company essentially leases out robotic fleet for organizes looking to automate logistics. “We can change the wings on the plane while i...
Tags: Amazon, Startups, Europe, Massachusetts, Funding, Tech, Eu, Robotics, Logistics, Bond, Tiger Global Management, APAC, Kiva Systems, Locus Robotics, Amazon Robotics, Rick Faulk

LA-based Metropolis raises $41 million to upgrade parking infrastructure

Metropolis is a new Los Angeles-based startup that’s looking to compete with BMW-owned ParkMobile for a slice of the automated parking lot management market. Upgrading ParkMobile’s license plate-based service with a computer vision based system that recognizes cars as they enter and leave garages has been Metropolis’ mission since founder and chief executive Alex Israel first formed the business back in 2017. Israel, a serial entrepreneur, has spent decades thinking about parking. His last compa...
Tags: Cleaning, TC, Facebook, Florida, Storage, Dick Costolo, La, Softbank, Israel, Los Angeles, Tech, Transport, Nba, Starwood, Metropolis, Bmw

New York’s David Energy has raised $4.1 million to ‘build the Standard Oil of renewable energy’

“We intend to build the Standard Oil of renewable energy,” said James McGinniss, the co-founder and chief executive of David Energy, in a statement announcing the company’s new $19 million seed round of debt and equity funding.  McGinniss’ company is aiming to boost renewable energy adoption and slash energy usage in the built environment by creating a service that operates on both sides of the energy marketplace. The company combines energy management services for commercial buildings through...
Tags: Energy, TC, New York, Massachusetts, Articles, Tech, Renewable Energy, Energy industry, David, New Jersey, Energy Efficiency, Logistics, Premier, Arcadia, Greycroft, Energy Consumption

Cajoo promises grocery deliveries in 15 minutes

Meet Cajoo, a new French startup that has raised a $7.3 million (€6 million) funding round. The company wants to make it easier to order groceries from your phone and receive them 15 minutes later. It is launching in Paris today. “I left Bolt around mid-August and I’m launching a company with two co-founders focused on 15-minute deliveries,” co-founder and CEO Henri Capoul told me. Thanks to his experience at Bolt, he probably knows a thing or two about logistics and operating a marketplace at s...
Tags: Startups, TC, Apps, Europe, France, Tech, Spain, Paris, France Newsletter, Logistics, Delivery, Deliveroo, Frichti, Monoprix, Carrefour, Carrefour Express

DHL consulting exec shares 5 time-tested supply chain practices all businesses should consider

Pang Mei Yee, Head of Asia Pacific, Global Practice Lead for Supply Chain and Analytics Practice, DHL Consulting DHL Consulting Pang Mei Yee is the head of Asia Pacific, global practice lead for supply chain and analytics practice at DHL Consulting. After witnessing the challenges the supply chain sector is facing due to the pandemic, Pang shares supply chain practices any business should consider. Because of her work, Business Insider named Pang to our annual list of the 10 ...
Tags: Apple, Asia, Trends, Tesla, Asia Pacific, DHL, Logistics, Pang, DHL Supply Chain, Edit Series, TB2020, SP-ING-WB-2020, TB2020 Supply Chain, Pang Mei Yee, Mei Yee Head, Analytics Practice DHL Consulting DHL

How To Use Technology To Protect Temperature-Controlled Shipments

Thanks to temperature sensor technology, it’s easier than ever to ship temperature-sensitive items and keep them within an ideal temperature range the entire time. The post How To Use Technology To Protect Temperature-Controlled Shipments appeared first on Young Upstarts.
Tags: Startups, Shipping, Logistics, Others

RightHand Robotics director of product management explains why automation is no longer a choice, it's a necessity

Artug Acar, director of product management at Right Hand Robotics Right Hand Robotics Artug Acar, director of product management at RightHand Robotics, says that the stressors that the pandemic has placed on the global supply chain only underscored the benefits of reducing — or even removing — human workers from logistics facilities. RightHand Robotics is leading the industry in an area of warehousing automation that cuts down on the amount of rote work required of warehouse ...
Tags: Trends, Ferrari, Ford, Automation, North America, Logistics, Kiva, Webvan, Mick, ASRS, Warehousing, RightHand Robotics, Mick Mountz, Acar, Edit Series, TB2020

Astounding images of trucks hauling massive rotor blades

Belgian specialized transport firm P. Adams Schwertransporte P. Adams Schwertransporte posted these photos on LinkedIn, documenting the hauling of "a set of 67m rotor blades on a challenging route." It's real. I can tell from some of the pixels and from seeing quite a bit of reality in my time. — Read the rest
Tags: Transportation, Post, News, Logistics, Trucks, Adams Schwertransporte

COVID-19 revealed the fragility of supply chains

Jens Munch Lund-Nielsen Contributor Share on Twitter Jens Munch Lund-Nielsen is head of Global Trade and Supply Chains at IOTA Foundation. Early in the pandemic, it was apparent that there would be worldwide lockdowns of varying degrees. So naturally, there was a run on toilet paper (and to a lesser extent, paper towels and tissues). Stores suddenly found themselves sold out of one of the most basic conveniences consumed by hu...
Tags: Column, Digital, Supply Chain, Supply Chain Management, Tech, Supply Chains, Biden, Logistics, India Everything, COVID-19, Jens Munch Lund Nielsen, Global Trade and Supply Chains, IOTA Foundation Early

On-demand logistics company Lalamove gets $515 million Series E

Lalamove will extend its network to cover more small Chinese cities after raising $515 million in Series E funding, the on-demand logistics company announced on its site. The round was led by Sequoia Capital China, with participation from Hillhouse Capital and Shunwei Capital. All three are returning investors. According to Crunchbase data, this brings Lalamove’s total raised so far to about $976.5 million. The company’s last funding announcement was in February 2019, when it hit unicorn status ...
Tags: Fundings & Exits, Startups, TC, Asia, Hong Kong, China, India, Tech, Bloomberg, Thailand, United States, Logistics, On-demand Delivery, Lalamove, Crunchbase, Hillhouse Capital