Truck Technology Startup Raises $97 Million for Port Freight Plan
By Erica E. Phillips
Jan. 23, 2019 5:00 a.m. ET
The developer of a freight-matching app for truck drivers and shippers at the ports of Los Angeles and Long Beach has raised $97 million in new funding as the startup works to improve its fledgling technology and expand to other ports.
NEXT Trucking Inc. said Wednesday that Brookfield Asset Management Inc.’s venture investment arm is leading the Series C funding round together with Sequoia Capital, logistics property developer GLP and other backers. Brookfield owns some 37 seaport facilities globally, including the TraPac…
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