Your Weekly Supply Chain & Logistics Tech Roundup

Your Weekly Supply Chain & Logistics Tech Roundup

ABOUT THE 'FEST

The 'Fest is a weekly curation of the latest news, information and commentary in Supply Chain & Logistics Tech. As a subscriber of The 'Fest you can save an additional $200 off the current registration price to Manifest Vegas February 5th - 7th, 2024, at Caesars Forum. Register Now


A SNEAK PEEK AT THE MANIFEST VEGAS 2024 PLENARY STAGE

Manifest is excited to share an early look of a few of the headline-making leaders from across the logistics and supply chain ecosystem set to take the Plenary Stage at Manifest Vegas 2024. Keep reading for a sneak peek and view the list of all the confirmed speakers who will be at Manifest!


QUICK HITS & COMPANY NEWS

  • Waabi and Uber Freight partner to accelerate autonomous trucking. Autonomous trucking startup Waabi is committing billions of miles of driverless capacity to the Uber Freight network as part of a 10-year strategic partnership between the two companies. (TechCrunch)
  • Agility Robotics is opening a humanoid robot factory, beating Tesla to the punch. A first of its kind factory that will build humanoid robots is set to open in Salem, Oregon. (CNBC
  • US Postal Service won’t levy peak surcharges this holiday season. Agency officials credited more workers moving into career positions and network investments as to why the added fees are no longer needed. (Supply Chain Dive)
  • Instacart delivers 12% debut gain after $660M IPO. Instacart racked up a 12% trading-debut gain in one of the year’s biggest initial public offerings, showing investors are receptive to the online grocery delivery firm’s pivot to advertising and also adding momentum to a rebound for US listings. (Bloomberg)
  • The New Warehouse partners with Experior Global on e-commerce fulfillment. The New Warehouse is expanding its fulfillment services with an additional location in Hamilton, NJ. (The New Warehouse)
  • CN (Canadian National) and Norfolk Southern announce new cross-border domestic intermodal service. This service will cover Atlanta, six Canadian cities and Kansas City. (Trains
  • Big dawgs in automated trucking make big moves towards commercialization. Introduction dates of commercial driverless trucks are coming into focus. Here's the latest on Daimler, Aurora, and Waymo seen through the eyes of an industry expert. (Forbes


MANIFEST INSIGHTS

When cities are thinking about preparing to set up localized sustainable delivery what's most important? We asked Anas Aljumaily the Co-Founder of Gently just that. Hear from Anas regarding what the company hopes to accomplish in the last quarter of 2023 and see him take the stage at Manifest Vegas 2024 in February!

Watch the full video here


FUNDING NEWS

  • JOKR now valued at $800M after bagging about $50M in Series D funding. The new investment not only puts the company on a path toward profitability, but also solidifies its place in Brazil’s underserved grocery market. (TechCrunch)
  • FERNRIDE adds $19M to its Series A to make trucking logistics cleaner and safer. The additional funding will help Fernride as it continues developing its technology and consolidates its position as the leader in autonomous, electric trucking. (Tech Funding News)
  • Evolectric - CircularEV™ Solutions  raises $15M from Seismic Capital Company. The company intends to use the funds to scale and accelerate delivery of its pipeline of customer orders. (FinSMEs)
  • Parade secures $17M from I Squared Capital for AI endeavors. The company also looks to invest in technology for the broker bidding process. (FreightWaves)
  • Prisma raises $20M for sensor-free grid monitoring. Insight Partners led the all-equity round. (Axios)
  • Boxbot pivots from last-mile trucks to robotical parcel storage. Bay area-based startup Boxbot announces a $12M Series A as it pivots from last mile delivery to warehouse sorting robots. (TechCunch)


MANIFEST VEGAS 2024 UPDATES

Headline-making, award-winning leaders from across the supply chain ecosystem are taking the stage at Manifest Vegas 2024. While every speaker holds significance, we are thrilled to share an early look at just a few of the prominent figures taking the plenary stage.

Learn more about Manifest Vegas and view the full list of thought leaders and executives set to take the stage in February 2024!

View all confirmed speakers


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