Skip to content
Search AI Powered
Human content, AI powered search.

Latest Stories

newsworthy

Flowspace raises $2.2 million in funding for on-demand warehousing platform

Logistics startup will expand business to meet retailers' need for extra space in holiday peak selling season, Flowspace says.

DC Velocity Staff
By DC Velocity StaffJun 26, 2018
DC Velocity Staff
See Full Bio

On-demand warehousing startup Flowspace said today that it has raised $2.2 million in funding and will use the capital to scale up its business in the run-up to the holiday peak selling season.

The investment was led by Moment Ventures of Palo Alto, Calif., with additional participation from 1984 Ventures and Y Combinator. It follows an earlier round of funding that totaled $1.2 million.

Flowspace, based in Marina del Rey, Calif., provides on-demand warehousing and fulfillment services for small and medium businesses that need to manage overflow inventory, deploy direct to consumer shipping, or accommodate an influx in inventory due to seasonal demands, the firm says.

Much like the other major player in the warehouse sub-leasing sector, Seattle-based Flexe, Flowspace says its service allows businesses to locate warehouse space on an as-needed basis without having to commit to long-term contracts.

Article
flexeflowspace
Article
flexeflowspace

The Latest

Three steps toward safer loading docks
Article

Three steps toward safer loading docks

containers at maritime port in brazil
Article

CMA CGM to acquire nearly half of Brazilian port terminal operator

airplane flying past control tower
Air Cargo

Watchdog group says FAA should fix air traffic control systems

More Stories

dali containership striking key bridge baltimore

Study: bridges may need more protection from ship collisions

Bridges in New York, California, and Georgia are among U.S. spans with the most traffic from the largest ships, leaving them at potential risk from collisions, according to a report from Johns Hopkins University that follows the collapse of Baltimore’s Key Bridge in March when it was struck by a drifting containership.

The team created the risk assessment model because they believe that chances are high for another such incident, and that risk to the Key Bridge amid modern shipping traffic had been underestimated. Now, the team hopes that decisionmakers can strategically direct safety investments to bridges most in need.

Keep ReadingShow less

Featured

Survey reveals mixed outlook on future of trucking
Featured

Survey reveals mixed outlook on future of trucking

containers on ship passing under bridge
Article

CSCMP calls on White House to prevent port strike

Raymond Corp. boosts energy solutions with new battery plant
Article

Raymond Corp. boosts energy solutions with new battery plant

cargo theft prevention graphic
Article

Descartes buys cargo theft prevention firm MyCarrierPortal for $24 million

Kuehne+Nagel opens 1.4 million square foot DC for Adidas
Article

Kuehne+Nagel opens 1.4 million square foot DC for Adidas

trailer pool truck trailers

Kodiak Robotics to hitch Wabash trailers to its self-driving trucks

Autonomous trucking technology provider Kodiak Robotics Inc. has agreed to use a trailers as a service (TaaS) program from the transportation, logistics and distribution equipment provider Wabash, thus gaining access to a fleet of trailers nationwide.

According to Indiana-based Wabash, its TaaS offering differs from traditional leasing because it ensures minimal downtime by providing a holistic solution that supports the full lifecycle of the trailer, from acquisition to maintenance and uptime management.

Keep ReadingShow less
US capitol with flag

OOIDA cheers progress of bill to control freight fraud

An industry group for truck drivers is applauding Congress for passing a bill through a House committee that would enhance the Federal Motor Carrier Safety Administration (FMCSA)’s ability to crack down on freight fraud.

The Owner-Operator Independent Drivers Association (OOIDA) says the bipartisan legislation—called the Household Goods Shipping Consumer Protection Act—is needed because motor carriers are victimized through unpaid claims, unpaid loads, double brokered loads, or load phishing schemes on a daily basis.

Keep ReadingShow less
containers stacked on ship

CIG: Container ship fires could be reduced by better data

A coalition of freight transport and cargo handling organizations is calling on countries to honor their existing resolutions to report the results of national container inspection programs, and for the International Maritime Organization (IMO) to publish those results.

Those two steps would help improve safety in the carriage of goods by sea, according to the Cargo Integrity Group (CIG), which is a is a partnership of industry associations seeking to raise awareness and greater uptake of the IMO/ILO/UNECE Code of Practice for Packing of Cargo Transport Units (2014) – often referred to as CTU Code.

Keep ReadingShow less
dexory robot counts warehouse inventory

Dexory opens U.S. headquarters in Nashville

The British logistics robotics vendor Dexory today reached across the Atlantic to address rising demand for inventory automation products and opened its North American headquarters in Nashville, Tennessee.

Dexory’s robotic platform cruises warehouse aisles while scanning and counting the items stored inside, using a combination of autonomous mobile robots (AMRs), a tall mast equipped with sensors, and artificial intelligence (AI).

Keep ReadingShow less
Copyright ©2024.