Maersk Partners With Kodiak on Autonomous Truck Runs

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Loop bags $35m in Series B to revolutionize transportation logistics Loop, an innovative audit and payment platform, recently secured a $35 million Series B investment, with notable backing from J.P. Morgan Growth Equity Partners and Index Ventures. Geared towards modernizing supply chains, Loop's platform addresses common challenges in the transportation and logistics sector. By providing a comprehensive view into expenses and leveraging AI for better decision-making, Loop has streamlined financial transactions within the supply chain, significantly reducing rate errors and improving cost efficiency. (link) A.P. Moller-Maersk, ranking 5th among global freight carriers, collaborates with Kodiak Robotics on driverless deliveries. They test in Carson and between Houston and Oklahoma City, joining FedEx Corp., Uber Freight, and others in Texas. The 24/7 trucking vision sidesteps driver-hour constraints, swapping safety drivers in Dallas during the four-day weekly operations. Robots aid in tasks, with a focus on the night shift. Kodiak's CEO, Don Burnette, envisions complete automation by the end of 2024. (link)

Evri partners with Asyad Express to improve logistics in the Middle East Evri partnered with Asyad Express at "FDI: Scaling New Heights" to revolutionize Middle Eastern e-commerce and e-fulfillment logistics. Shaikh Ibrahim, the acting CEO, underlined Oman's aspiration to be a premier e-commerce hub, thereby strengthening ties with the UK, the US, and China. This collaboration, prioritizing customer satisfaction, intends to establish a seamless and efficient e-commerce ecosystem. Furthermore, it provides Omani SMEs a platform, positioning Oman as Evri’s prime fulfillment center. (link)

Helios Launches Cersi, the World’s First AI Analyst for the Agricultural Supply Chain Raises $1.85 Million in Pre-Seed Funding Helios has launched Cersi, a pioneering AI analyst tool for agricultural supply chain, enabling executives to gain vital insights swiftly by assessing climate, economic, and other risk factors. With a user-friendly dashboard, it offers a comprehensive view of supply chain health down to farm level, helping preempt disruptions. The debut of Cersi marks generative AI's initial foray into supply chain, facilitating rapid resolution of complex queries. (link)

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