Bergen Logistics Acquired by Elanders Group

| Press Release

North Bergen, NJ, Nov. 11, 2021 — Bergen Logistics, a privately owned third-party logistics firm headquartered in New Jersey, announced its acquisition by The Elanders Group (Nasdaq ELAN-B.Stockholm). The Elanders … Continue Reading →

Human Warehouse Picking Still Has It All Over Robots

| Gabe Grifoni

It’s often joked that robots will soon replace humans, down to the most menial, everyday tasks. But many robotics companies are in an actual arms race to replace human labor, particularly in the supply chain. Yet it’s often still too costly to implement, leaving humans as the most efficient, effective method for warehouse picking.

8fig Helps Ecommerce Sellers Flex Inventory Spend

| Mike O'Brien

8fig, an innovative fintech startup, is creating a new way for ecommerce sellers to obtain financing as they go for inventory purchases, based on sales history and projected performance, has raised of $50 million in new funding to accelerate growth and expand its lending capabilities.

Casper Goes Private, CEO Steps Down as High Flyer Sinks

| Mike O'Brien

Casper Sleep, the once high-flying DTC mattress-in-a-box company whose star descended as profits shrank despite brisk pandemic-era sales, is going private in an acquisition by Durational Capital Management for about a quarter of its $1.1 billion valuation when it went public in February 2020.