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News (3589)

Real-Time Collaborative Logistics Platform

Turvo, the world's first real-time collaborative logistics platform, announced today it has closed $60 million in Series B funding led by Mubadala Ventures, the San Francisco-based venture capital arm of Mubadala Investment Company. Turvo also added new investors G2VP and Next47, the Siemens-backed global venture firm. These funds bring the total investment in the company to nearly $100 million, solidifying Turvo as the new standard in end-to-end visibility and collaboration for the logistics and supply chain industry.

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Streamlining Cargo

According to Freight Waves, the Port of Long Beach and GE Transportation have completed a three month pilot project that to streamline the influx of cargo at that port.

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Keeping the Freight Supply Chain Clear

According to JOC.com, shippers can get a clearer picture of their supply chain if they integrate their technology with that of their logistics partners.

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Forced Labor Still Gets into Supply Chain

Supply chains are complex, with suppliers getting goods from suppliers before forwarding them on, reports the Arkansas Democrat Gazette. Which means there is still a chance of forced labor entering into the supply chain.

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Ethical Supply Chains

Global supply chain platforms can help keep corruption and unethical practices at bay, reports Ethical Corporation.

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Delivery Robots Coming

Delivery robots are coming, reports Supply Chain Dive. Starship Technology is testing autonomous delivery robots in the San Francisco Bay area.

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Homeland Security Steps into Supply Chain

According to FCW, the Department of Homeland Security is taking threats to the US supply chain seriously. They have launched a task force to assess cyber threats against the supply chain.

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IBM's Platform in Trouble

IBM’s blockchain efforts are not meeting expectations, reports the Innovation Enterprise. Their TradeLen’s blockchain platform isn’t onboarding partners as fast as the company would like.

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Uncertainty Good for Supply Chain

According to Forbes, the current economic uncertainty is forcing retailers to take steps to modernize their supply chains.

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Trade War Impacts Supply Chains

According to Dallas News, the expanding trade war with China is causing companies to consider relocating their supply chains to other areas of the world.

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