Consumer demand is uncertain. Retailers are pulling back on orders from their manufacturers and suppliers. The ripple effect ripples all the way through the middle and the last mile. And for truckers who haul goods where they need to go, the prospect of better cash...
FreightRover, a company working to accelerate B2B payments to truck operators, has secured $500 million in financing to fuel its factoring operations. Reports in The Wall Street Journal (WSJ) on Wednesday (Sept. 26) said Crayhill Capital Management provided the investment. FreightRover will use the funds to...
January 17, 2024
Amazon’s $1 billion Industrial Innovation Fund will target new industries and geographies for 2024. “Our vision to help accelerate automation and supply chain innovation continues to be a key priority and unlock how we can better deliver for customers and improve our workplace for employees,” Franziska Bossart, the fund’s new head, said in an interview posted on the Amazon news website […]
