Supply Chain Council of European Union | Scceu.org
Transportation

Nuport Receives Funding From US-based Freight Forwarder Flexport, Supply Chain Automation, and Nuport’s Ambition


Nuport announced that it has received an investment of USD$125,000 from ODX Flexport, an incubator program by Flexport and On Deck, designed to accelerate the next wave of logistics startups across the world. The Bangladesh-based company created a route optimization and distribution planning software for manufacturers and distributors that can save time, cost and improve productivity for these companies.

“Companies spend on average a minimum of 3 hours per day making delivery plans for approved sales orders and rarely have any visibility or control over their shipments once it leaves the warehouse,” Nuport says in a press release. “Through automation, Nuport generates static route plans instantly saving 3 hours a day. This also allows the live monitoring of shipments by dynamically overlapping the actual route which can be monitored by an Android mobile app.”

The investment and other supports will allow Nuport to accelerate product development and invest in growth.


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