J.P. Morgan Payments has launched a partnership with audit/payment platform Loop. The collaboration announced Tuesday (June 18), is designed to “boost working capital with freight payments,” the companies said in a news release provided to PYMNTS, thus fostering stronger relationships between shippers and carriers. The release cites...
If any U.S. consumers are wondering why their packages are late, the answer might be because there simply aren’t enough truck drivers manning 18-wheelers and delivering goods. According to the American Journal of Transportation (AJOT), right now there is a national shortage of truckers in...
Supply chain automation firm CargoSense has raised $8 million in new funding. The Series A round was led by Lanza techVentures and included participation from Merck Global Health Innovation Fund (MGHIF), according to a Wednesday (June 12) press release. The company said the new funding will help it expand its partner...
For Bharath Krishnamoorthy, co-founder and CEO of Denim, transforming the freight industry — and specifically how brokers get paid — was not on the roadmap. A decade ago, when he was in law school, he told Karen Webster, “I didn’t know what factoring was. Trucks...
June 10, 2024
For Bharath Krishnamoorthy, co-founder and CEO of Denim, transforming the freight industry — and specifically how brokers get paid — was not on the roadmap. A decade ago, when he was in law school, he told Karen Webster, “I didn’t know what factoring was. Trucks were just things I got stuck behind in traffic.” After […]
May 28, 2024
Who doesn’t like getting paid instantly? According to PYMNTS Intelligence data, roughly a third of all U.S. consumers now select instant payouts when they are available, and even more tellingly,...
April 15, 2024
In the shipping and logistics space, preferences among clients vary widely: some favor national services while others opt for smaller regional solutions that promise rapid delivery. According to Gregg Zegras,...
November 14, 2023
Robin Gregg, CEO of RoadSync, told PYMNTS that transacting across supply chains and logistics remains a bumpy road at best. “In many ways,” she said, “B2B payments have fallen behind...
June 26, 2024
Amazon will reportedly add a section to its shopping site that aims to compete with Temu and Shein, featuring items that are cheap and are shipped from China to overseas consumers. The new marketplace will offer apparel, home goods and consumer goods, along with delivery in nine to 11 days, Reuters reported Wednesday (June 26), citing a paywalled article by The Information. […]
June 18, 2024
J.P. Morgan Payments has launched a partnership with audit/payment platform Loop. The collaboration announced Tuesday (June 18), is designed to “boost working capital with freight payments,” the companies said in a news...
June 12, 2024
Supply chain automation firm CargoSense has raised $8 million in new funding. The Series A round was led by Lanza techVentures and included participation from Merck Global Health Innovation Fund (MGHIF), according to a Wednesday (June...
June 05, 2024
OneRail has acquired Orderbot, saying the combination creates “a new era of streamlined omnichannel fulfillment.” The deal adds Orderbot’s inventory and order management capabilities to OneRail’s last-mile operating system and...
