The trucking world has been inundated in recent years by startups all aiming to solve the big three problems with freight: safety, fuel costs and driver shortages. For Peloton Technology, a Silicon Valley company that launched in 2011, the answer doesn’t strip out the human driver.
Abhishek Bansal, co-founder & CEO of Shadowfax, speaks to Indian Transport & Logistics News on their mission of connecting over a million micro entrepreneurs and suppliers in logistics industry, and expecting to grow 150 percent y-o-y.
Paul Asel, Managing Partner at NGP Capital, tells how investments in shared mobility are not only shaping the future of mass transit, but aiding cities in rethinking how they’re able to utilise space, detailing some of the specific investments he has made in mobility companies in recent years.
Fueled by its $300 million Series D round led by Softbank last August, Getaround is making its second-ever acquisition this year with a $12 million purchase of Norwegian car rental startup Nabobil. This acquisition brings Getaround into seven European countries.
NEXT Trucking, a FreightTech pioneer that connects shippers and carriers, has struck an agreement to open an 18-acre drayage facility to ease congestion at the ports of Los Angeles and Long Beach, the two largest seaports in the US. Read more from Port Technology International.