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News

Loadsmart Receives Venture Funding

According to Supply Chain Quarterly, Loadsmart received $200 million in venture capital to expand its technology platform. 

Freight technology company Loadsmart plans to rapidly expand its technology offerings that connect shippers, carriers, brokers, and warehouses to increase logistics efficiency thanks to a $200 million venture capital round announced on Tuesday.

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Fixing Long Beach Port Could Help Supply Chain

Fixing the Port of Long Beach could help transform the supply chain, reports the LA Times. 

Southern California’s vital Port of Long Beach is still dealing with a backlog of waiting cargo vessels, its top official said Wednesday in renewing calls for transforming the supply chain into a round-the-clock operation.

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Mining Supply Chain in Jeopardy

The mineral supply chain could come under strain with the growing interest in electric vehicles, reports Mining Technology.

The global electric car fleet is expanding rapidly. While Tesla was dominant in the electric vehicle (EV) market for several years following the launch of its first EV in 2008, other car manufacturers are making strides and quickly turning their fleets electric.

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