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Container tracking firm Traxens raises €23m, buys rival NEXT4, plots global expansion

France-based container tracking company Traxens has raised €23 million in a further funding round, led by existing investors, and at the same time acquired local rival NEXT4, which produces removable and reusable box trackers. Traxens, which counts Danish shipping giant A.P. Moller-Maersk (Maersk) among...

AVSystem and Traxens partner to provide efficient management of smart containers

  Logistics and transport are definitely the industries that will significantly benefit from the solutions brought by Internet of Things. We can also safely state that every industry uses transport services or logistics processes to a greater or lesser extent. This is what causes these...

Rotterdam recruits Traxens to handle IoT data for Container 42 smart-port project

French IoT firm Traxens has joined the Port of Rotterdam’s new smart container project, Container 42. It will provide the sensors in the container, to measure various physical and environmental impacts, as the container makes its way around the world in a bid to...

5G, blockchain, and tracking – the Marseille model for smart ports

The Port of Marseille Fos, in France, has new discussions with Orange about 5G, a developing relationship with IBM on blockchain, and a host of collaborations with local industry around port innovation, geared towards container handling, traffic management, cyber-security, and renewable energy.  Stéphane Reiche, general...

High-flying Traxens signs deal for pharma and auto-parts tracking to Africa

French IoT firm Traxens has struck deals with logistics and transport providers Inter Transit Pharma (ITP) and Inter Transit et Prestations Logistiques (ITPL) for real-time precision tracking of consignments of pharmaceuticals auto-parts by air and sea to Africa. ITP and ITPL are part of...

Freight IoT firm Traxens takes €20m Series C funding, following Maersk investment

French IoT firm Traxens has followed up news of pending investment from shipping giant Maersk with the closing of a €20 million Series C round of investment funding. Traxens said the injection will go to scale-up of its smart containers and rail freight businesses,...

Traxens gets Maersk investment, 150,000 order for trackers, role in port project

French IoT firm Traxens is poised to receive major investment from shipping giant A.P. Moller-Maersk, alongside a big order for cellular cargo trackers. It has also been drafted into the new French Smart Port in Med initiative in Marseille as an associate partner. Traxens...

Maersk invests in smart cargo monitoring firm Traxens

French-based smart cargo monitoring specialist Traxens announced that Danish conglomerate Maersk has become one of its key shareholders, holding a similar stake to the company's two other main investors, Mediterranean Shipping Company (MSC) and CMA CGM. Maersk is a Danish business conglomerate with activities...

Traxens gets involved in IoT project with Valencia port

  The French firm aims to expand the IoT initiative to other terminals within the Valencia port in the future   French firm Traxens, which serves the supply chain industry, said that it is collaborating with the MSC Mediterranean shipping company on a pilot internet of things...