Vooma has raised $16.6 million in funding. This includes $13 million in Series A funding led by Craft Ventures and $3.6 million from a seed round led by Index Ventures,…
The Future of Cargo Shipping: Trends to Watch in 2025
Each year, the freight forwarding industry witnesses significant growth fueled by advancements in technology, shifting consumer expectations, and changes in the global economy. As 2025 approaches, several trends are set…
Texas Bridge Expansion Enhances Cross-Border Trucking Opportunities
A bridge that connects the U.S. and Mexico and is about to make trade between the two countries faster and smoother. That’s what’s happening in McAllen, Texas, with the Anzalduas…
Purolator Upgrades Fleet, Replacing 70-Year-Old Freighters with Modern ATR72-500s
Purolator, the giant parcel carrier in Canada, is replacing their old, rusty Convair 580 freighters with brand-new ATR72-500 turboprops. These Convairs have been flying around for over 70 years, and…
OneRail Raises $42M to Optimize Last-Mile Logistics
OneRail just raised $42 million in Series C funding to enhance its product offerings and grow its team. The funding was led by Aliment Capital, a venture group based in…
Schneider National Expands Dedicated Division with $400M+ Cowan Deal
Schneider National, one of the top trucking and logistics companies, just made a power play by buying another company, Cowan Systems, for $390 million. On top of that, they’re spending…
Kenan Advantage Group Finalizes Acquisition of Texas-based XBL
Kenan Advantage Group (KAG) just made another power move by acquiring XBL Industrial Materials, a dry bulk transport company, along with its logistics arm, from a private equity group called…
Key Tips for Managing Cargo Shipments Efficiently
Moving goods across the world isn’t just like tossing a package into the mail. It’s way more complicated. There are tons of details to figure out, like which shipping route…
What’s Next for M&A? Cambridge Capital Predicts Resurgence in 2025
The freight and logistics world has experienced some major ups and downs in the past few years. First, a freight recession led to a slowdown in the shipping and transportation…
Why Supply Chain Management Is Vital for Today’s Businesses
Supply chain management (SCM) is like the backbone of a business. It takes care of everything needed to get a product or service to the customer. This includes finding raw…