Industry News
Indian Logistics StartUp “BlackBuck” Increases Its Total Investment To 27.3 Million USD
BlackBuck, which provides online marketplace services for the Indian logistics market, increased the amount of investment it received from the investor group Sequoia Capital to 27.3 million USD. According to Blackbuck’s records, Sequoia’s SCI Investment VI fund has reached $27.3M…
Digital Freight Startup Convoy Reaches 1 Billion USD Valuation With 185 Million USD Investment
Digital freight startup Convoy has raised $185M in an investment round led by the investment arm of Alphabet Inc. , Google ‘s parent company. Google has given a big boost to the company, which is competing in an increasingly crowded…
Every Month 70 Thousand Trucks Return Empty, Monthly Loss More Than 300 Million EURO
While import shipments are decreasing, vehicles are entering the country empty. Shippers are meeting this week to reflect currency-induced cost increases in prices. Due to the decrease in imported shipments, approximately 70 thousand Turkish-plated TIRs carrying out international transportation return…
Convoy Develops New Innovation “AL-GİT Trailer Pool” System in Logistics Crowdsourcing
Convoy will unlock job opportunities for Freight Carriers transporting as small businesses and individually; introduced a new business model that will help them reach more payloads and prevent trucks from driving unloaded. The biggest challenge facing the transportation industry in…