GenLogs on LinkedIn: GenLogs Investing in its Workforce with the Catalyst Grant

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Summary

The largest freight flows in the US are concentrated on a relatively small number of corridors. The figure below highlights segments of the freight transportation network that carry more than 50 million tons per year, which include: - Highway segments that carry at least 8,500 trucks per day, which is the number needed to move 50 million tons per year at 16 tons per truck. - Additional highway segments and parallel rail lines that together carry at least 8,500 truck, trailer-on-flatcar, and container-on-flatcar payloads of typically high-value, time-sensitive cargo at 16 tons per payload. - Rail lines and waterways that carry 50 million tons in bulk cargo per year. Source: U.S. Department of Transportation, Federal Highway Administration, Office of Freight Management and Operations.

$ Funding

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Amount - Total raised
Date February 5, 2024 Announcement date
Investors - Lead investors
Company https://www.genlogs.io/ Funded company

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