funding sources News

Arrive Logistics Raises 300M to Modernize Freight Tech

Arrive Logistics secured over $300 million in funding led by ATL Partners. The investment will fuel technological innovation, service expansion, and team growth. The company is dedicated to building an intelligent freight ecosystem, delivering exceptional customer experiences, and driving industry transformation. This funding round will accelerate Arrive Logistics' strategic initiatives within the freight sector. They aim to further develop their platform and broaden their reach within the market, solidifying their position as a leader in freight logistics.

01/22/2026 Logistics

Southeast Asias Ecommerce Faces Disruption with Plugos D2C Push

Singapore-based eCommerce SaaS platform Plugo has raised $9 million in Series A funding to help D2C brands build independent online stores in Southeast Asia, aiming to challenge Shopify. Plugo will initially launch in Indonesia before expanding across Southeast Asia. The platform provides tools and infrastructure for brands to create and manage their own online presence, offering an alternative to relying solely on marketplaces or existing eCommerce platforms. This funding will accelerate Plugo's growth and product development in the region.

01/06/2026 Logistics Industry Insights

Trumps Fuel Tax Plan Aims to Rescue Ailing US Highway Fund

The US federal fuel tax hasn't been adjusted since 1993, leading to chronic funding shortfalls for the Highway Trust Fund. Former President Trump proposed raising the fuel tax, but faced political opposition. This article explores the necessity and feasibility of increasing the fuel tax and emphasizes the importance of finding long-term solutions to support US infrastructure development. It highlights the ongoing debate surrounding sustainable funding mechanisms for maintaining and improving America's transportation network, given the current tax's inadequacy and the growing infrastructure needs.

01/21/2026 Logistics Industry Insights

Key SWIFTBIC Code Simplifies International Remittances

This article analyzes the structure and significance of OTP BANKA D.D.'s SWIFT/BIC code OTPVHR2XSPL, emphasizing the necessity of ensuring accurate information in international remittances to avoid funding delays and errors.

08/20/2025 International Settlement

Norways Eitzen Enova Launch Allelectric Container Ship

Norwegian Eitzen Group has secured $19 million in funding to build the world's largest all-electric container ship, promoting sustainable shipping development and marking significant progress in the shipping industry's transition towards electrification.

08/04/2025 Logistics

Firstrand Bank Simplifies International Transfers Via SWIFT

Master the SWIFT code for FIRSTRAND BANK LIMITED (FIRNZAJJ) for efficient and convenient international remittances. This bank offers flexible funding transfer options, ensuring quick receipt of funds and secure movement of your money.

09/04/2025 International Settlement

HBUKGB2ALIS SWIFT Code Key for UK International Transfers

HBUKGB2ALIS is the SWIFT code for HSBC UK Bank, ensuring the accuracy and security of international remittances. Understanding and using this code correctly helps facilitate smooth cross-border transactions, avoiding delays and funding errors.

08/14/2025 International Settlement

Bank of the Bahamas SWIFT Code Ensures Secure Transfers

This article introduces the SWIFT/BIC code of BANK OF THE BAHAMAS LIMITED (BOTBBSNS0N3) and explains the structure, function, and important considerations for using SWIFT codes in international remittances, emphasizing the importance of ensuring funding security.

09/05/2025 International Settlement

US Bank NA SWIFTBIC Guide for Secure Transfers

This article discusses the significance of the SWIFT/BIC code USBKUS44MCT for U.S. BANK N.A. and the necessity of ensuring accuracy in international fund transfers. Learning to use SWIFT codes correctly will help avoid payment delays and funding errors.

09/09/2025 International Settlement

BCHICLRMXXX SWIFT Code Facilitates Global Transfers

SWIFT/BIC codes are a crucial component of international transfers, with BCHICLRMXXX specifically representing BANCO DE CHILE. Ensuring the correct bank and branch information is used can prevent transaction delays and funding issues, optimizing the cross-border payment experience.

08/13/2025 International Settlement

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"funding sources"

Arrive Logistics Raises 300M to Modernize Freight Tech

Southeast Asias Ecommerce Faces Disruption with Plugos D2C Push

Trumps Fuel Tax Plan Aims to Rescue Ailing US Highway Fund

Key SWIFTBIC Code Simplifies International Remittances

Norways Eitzen Enova Launch Allelectric Container Ship

Firstrand Bank Simplifies International Transfers Via SWIFT

HBUKGB2ALIS SWIFT Code Key for UK International Transfers

Bank of the Bahamas SWIFT Code Ensures Secure Transfers

US Bank NA SWIFTBIC Guide for Secure Transfers

BCHICLRMXXX SWIFT Code Facilitates Global Transfers