Many people have asked me why Ukraine matters. What is it about Russia's invasion that impelled me to get involved, and why should you care? First, I believe we have a moral obligation to help the innocent people of Ukraine. Second, having bought a logistics company with employees in Ukraine, I wanted to do everything [...]
Today, GreenScreens.ai announced the closing of an investment to accelerate their growth in predictive pricing and advanced analytics. The round was led by Tiger Global, with participation from Cambridge Capital, Flyer One Ventures, Navigate Ventures, Jones Capital, Red Door Capital, Overton Venture Capital, Operator Stack Fund, and Refashiond Ventures. More than capital, this investment represents [...]
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 & [...]
Would you prefer your supply chains to be cheap or resilient? It turns out that 40 years of cutting cost exposed us to dependency on China and risk of disruption. What happens next? One solution will be "China + 1." As Harvard Business School professor Willy Shih describes it in the Wall Street Journal, "Politically sensitive gear such [...]
The technology world has seen a battle between walled-garden and open source models. Apple created a closed-loop ecosystem where it tightly controlled the customer experience. On the other hand, Google challenged the status quo with an open-source network that brought in a broad range of partners. In logistics, we are seeing a similar battle emerge. On the one side, [...]
Last-mile logistics is growing rapidly in the US. This surge has fueled growth for giants like UPS and FedEx, as well as last-mile logistics specialists like USPack and LaserShip, and technology leaders like Bringg. And it has been fueling acquisitions, such as the Target acquisition of Deliv. But what about Latin America? $11 billion has been invested globally in last-mile logistics this decade, but Latin [...]
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 [...]
JD Logistics is planning to raise $3.4 billion in an IPO. Three issues that stand out: First, JD attracted a world-class network of largely US-based investments banks, including Bank of America and Goldman Sachs. Nevertheless, they chose the Hong Kong exchange for their listing. This reflects the fact that Chinese and US markets are increasingly separating from one another. [...]
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 [...]
