‘Uber for trucks’ Convoy’s value reaches $1B, after CapitalG invests $185M

Convoy, an on-demand Uber for trucks company that connects truckers and shippers, raised $185 million funding on 21st September 2018, led by Alphabet’s CapitalG. Growth of Convoy as Uber for trucks service provider Founded in 2015, Convoy is a Seattle based digital freight booking software. It was established by 2 former Amazon employees, Dan Lewis and […]

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On-Demand Logistics: 5 Major Digital Disruptions

Introduction Demand for automation, personalized workflows and streamlining complicated operation processes have strongly contributed to a shift in how businesses operate today and have created a tight relationship between consumers and businesses. In today’s world, where companies are entering into numerous on-demand verticals such as grocery, e-commerce, transportation, cleaning services, logistics etc. Before entering into […]

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Saudi Transport & Logistics

Saudi Arabia Transport & Logistics Growth: Digitally-Enabled in 2018

One of the largest Transport & Logistics(T&L) markets in the GCC, Saudi Arabia has a logistics market size of $55 billion with UAE following close behind at $30 billion. Due to the massive initiatives taken by the government towards economic diversification (transition from energy-based industries to commercial sectors), the logistics market has been growing exponentially […]

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UPS & Blockchain for Transportation

UPS & Blockchain Technology – New technology trend for shipping & logistics

UPS & Blockchain Earlier this week,  United Parcel Service – American multinational package delivery company and a provider of supply chain management solutions, announced that it has joined the Blockchain in Trucking Alliance (BiTA). BiTA is a forum for the development of blockchain technology standards and education for the freight industry. “Blockchain has multiple applications in […]

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