Reported about 7 hours ago
Freight intelligence platform GenLogs has successfully raised $14.6 million in a Series A funding round to enhance its sensor network solutions across the U.S. The company, which has raised a total of $21 million since 2023, aims to combat freight theft and improve asset tracking. Recently, it launched new intermodal insights and plans to expand its operations into Mexico. With advanced technology that significantly outpaces federal inspection numbers, GenLogs is positioned to become a valuable resource in the freight industry.
Source: YAHOO