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- DAT acquired Trucker Tools, HappyRobot raised Series A funding, CargoSpring bought Advent eModal
DAT acquired Trucker Tools, HappyRobot raised Series A funding, CargoSpring bought Advent eModal
Supply Chain Tech Trends
Enjoy Christmas and New Years! 🎅 🎇
Welcome back to Supply Chain Tech Trends, your twice monthly deep dive on supply chain tech news, events and analysis, written by Operator Stack.
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Top News
1) DAT Freight & Analytics has acquired the operations of Truckers Tools.
2) HappyRobot raised $15.6M in Series A funding.
3) CargoSprint scoops up port community platform Advent eModal.
“Real-time load tracking and digital freight matching are among the most dynamic technologies in our industry today and part of an important evolution in how truckload freight transactions are conducted.”
Notable Fundings
Mintifi, India’s leading supply chain financing platform, raised $180M in funding co-led by Prosus Group and TVG.
Cofactr, a supply chain and logistics management platform that streamlines production, raised $17.2M in funding led by Bain Capital.
HappyRobot, an AI-powered communication solution, raised $15.6M in funding led by a16z.
Cerve, a UK-based provider of infrastructure and API solutions for a digitized global food system, raised $4.4M in funding led by SuperSeed.
Links to Ponder
Podcast: Port strike potential and trade under Trump with Flexport’s Ryan Petersen
New technology is taking package tracking past scanning
Truckload brokers eye human-technology balance as AI takes hold
This is a slide that management at $CHRW put up yesterday at its investors day event in New York. It is their estimate on brokerage market share of all freight movement. Is this estimate something that #trucking folks believes is probably accurate?
— John Kingston (@JohnHKingston)
11:58 AM • Dec 13, 2024
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