Industry News
Logistics StartUp Fourkites Receives 35 Million USD Series B Investment to Grow in Global Markets
FourKites Inc. , which enables real-time tracking of cargo transportation operations, announced that it has received an investment of 35 Million Dollars, which will be used to expand its field of activity by moving abroad and increase its transportation time…
The New “Highway Transport Regulation” was published in the Official Gazette and entered into force on January 8, 2018
The New “Highway Transport Regulation” was published in the Official Gazette and entered into force on January 8, 2018: Now, all documents of the cargoes will be digitally recorded in the U-ETDS system of the Ministry within 6 hours at…
Alibaba Logistics Startup XpressBeese Invests 100 Million USD
Alibaba is entering the investment scene in India with the decision to invest up to $100 million in Xpress Bees, an Indian logistics startup. Alibaba seems to be working on a plan to select certain axes to invest in India,…
SRC Certificate Can Now Be Obtained Digitally from e-Government
Ahmet Arslan, Minister of Transport, Maritime Affairs and Communications, stated that commercial vehicle drivers can take up to 45 days in some cases. SRC the process of obtaining the certificate e-Government GatewayStating that it can be done in 5 minutes…
Uber Freight Points to the Digital Future of Logistics with its Water Shipment
When Hurricane Harvey ended, a drinking water supply company called Niagara Bottling had to quickly deliver bottled drinking water to people in need in nearby areas in Texas. “Anything that could have been tough was tough,” Brian Reed, Niagara’s vice…
CargoX; Soros Receives 20 Million USD Investment From Goldman Sachs and Qualcomm Ventures
Brazilian startup CargoX announced that it has secured financing in a Series C investment round of 20 million USD to accelerate technology development. In this investment round, in which Goldman Sachs is the leading investor, the investments of Soros and…