The Maersk acquisition of LF Logistics signifies a few things. First, major shippers are converting their record profits into expansion in logistics. This move dovetails with the CMA CGM acquisition of Ingram Micro, and the MSC Mediterranean Shipping Company pursuit of Bolloré Logistics in Africa. Second, for every buyer rationale, there is also a seller rationale. Now that the Maersk deal is complete, Li & [...]
The supply chain world just welcomed its latest unicorn. Congratulations to Bringg and its outstanding team, which is building the market leader in last-mile logistics software. When we first met Bringg's founders Raanan Cohen and Lior Sion, it was 2016. Bringg was just getting started. Still, it was clear that they had a compelling solution for the last mile, blue-chip [...]
Cambridge Capital recently decided to invest $20 million in ReverseLogix, a reverse logistics SaaS company. We've received a lot of interest from other logistics technology companies, as well as retailers and brands seeking a partner to manage their returns. So I thought it might help to explain our reasoning for making this decision, and sharing [...]
I had the opportunity to do an interview with Pearl Lemon. We had a free-ranging discussion, covering good advice, bad advice, best investment, recovering from failures, and more. Here are a few highlights. Feel free to see the full interview here. What Is The Book (Or Books) You’ve Given Most As A Gift, And [...]
Congratulations to Liftit on closing its latest round! Cambridge Capital is pleased to support them. Liftit is building a technology platform to automate last-mile truck deliveries in Latin America. We liked their entrepreneurial drive, traction with customers, and leadership in Latin America. Please see their press release and the TechCrunch article for more on Liftit. [...]
Will the coronavirus cause logistics technology to grow faster? That is exactly what we are seeing. The COVID-19 challenge is encouraging companies to accelerate their adoption of new technologies that boost productivity. Beneficiaries include robotics, drones, transportation management systems (TMS), robotics process automation (RPA), and more. In turn, venture capital and private equity firms are [...]
View Full Article Here - Yahoo Finance The majority of transportation and logistics executives expect their businesses to grow by more than 10% in 2020 and say they are "very likely" to consider a merger, acquisition, investment or other transaction in 2020, according to survey data gathered at BGSA's annual conference. Last week at The Breakers [...]
Executives pondered options this week during the BG Strategic Advisors Supply Chain Conference at the Breakers in Palm Beach. Full Link Here The rapid growth of Amazon’s delivery business model was a hot topic among concerned logistics and transportation executives at the BG Strategic Advisors Supply Chain Conference at the Breakers this week. The issue [...]
Listen to Podcast Here Hello and welcome back to another episode of “The Freight Project Podcast!” On today’s episode we welcome Benjamin Gordon of Cambridge Capital, a capital investment firm with a focus on logistics & logistics technology. Ben is a long time veteran of the logistics industry, having first worked for a company that developed [...]
Venture capital and private equity can be opaque. For every deal that gets done, more than a hundred deals get pitched. What should founders know about how the investment process works? I have some experience in this realm. As a founder of four companies and investor in many others, I've been on both sides of [...]
