Skip to content
Search AI Powered

Latest Stories

Press releases are provided by companies as is and have not been edited or checked for accuracy. Any queries should be directed to the company issuing the release.

Axle Welcomes Veteran Executives to Bolster Leadership Team

Financial partner for freight brokers adds top revenue and HR talent as competition in freight intermediaries grows

NEW YORK––January 25, 2022––Axle, the all-in-one financial platform for modern freight brokers, has grown its talented executive team, adding Jamie Waldinger as Vice President of Revenue and Heather Beckstead, PHR-CA and SHRM-CP, as Head of People. This comes after a strong 2021 in which the company raised its Series A, grew revenue and headcount almost 5x, and expanded its product offering beyond the initial payments solution.

“Jamie and Heather have joined Axle at a vital time in our growth,” said CEO, Bharath Krishnamoorthy. “As the supply chain experiences more stress, freight brokers continue looking for solutions to update antiquated payment processes and make their lives easier. Jamie will be instrumental in scaling our revenue org and helping us reach a larger segment of customers. Heather will continue making Axle a top tech employer. By adding them to the team, 2022 is off to a promising start.”


Waldinger, an accomplished executive with more than 20 years of experience and a consulting background, brings an MBA from MIT Sloan and an early career as a software engineer. His notable positions include Head of Strategy at Dunkin’ Brands and Vice President of Marketing at Constant Contact. Waldinger’s rich experience in go-to-market-strategy and execution will lend itself seamlessly to Axle where he’s charged with growing the brand, acquiring customers and driving rapid revenue growth.

“I am thrilled to join such a talented team, pursuing a very ambitious vision. Bharath, Shawn and the team have built a strong foundation for Axle,” said Waldinger. “I am eager to be working with them to help drive Axle towards that vision.”

As Head of People, Beckstead will lead DEI efforts, find new ways to create exceptional employee experiences, and implement leadership and development training programs to help the company grow its talent. Her 20+ years of experience in organizational growth includes most recently leading technology companies like SocialChorus, Bitnami, and Valassis Digital through successful exits.

Built In recently recognized Axle for its superior remote-first company culture. For more information about Axle, visit axlepayments.com.

About Axle
Axle is the all-in-one financial services platform that is rapidly disrupting the $250 billion freight intermediary market. Its proprietary technology allows freight brokers to simplify their financing operations and easily access the working capital they need to grow. Axle automates invoicing, collections, and payments - ultimately delivering a better customer experience. A remote-first company, Axle has been named a Best Place To Work by Built In.

https://www.axlepayments.com/

Recent

More Stories

Warp Announces Preparation for U.S. Government Partnership to Enhance Service and Efficiency

Los Angeles, CA, Jan. 29, 2025 (GLOBE NEWSWIRE) -- Warp, a tech-powered network of cross-docks and carriers offering various vehicle sizes, announced that 2025 it will extend its solutions and services to the U.S. government. Warp aims to modernize government freight logistics with machine-learning-driven planning, optimized network strategies, and flexible solutions to create efficient, cost-effective, and sustainable supply chain transportation.

Focused on optimizing every load, every time, Warp employs machine learning (ML), artificial intelligence (AI), and groundbreaking consolidation techniques to blur the traditional lines of freight shipping by combining the best elements of LTL, FTL, and parcel delivery. Using its homogenous fleet including cargo vans, sedans, box trucks, and 53-foot trailers, Warp facilitates carrier injections, inbound vendor consolidation, pool point distribution, zone-skipping, store replenishment, and national retail distribution for some of the world’s largest shippers.

Keep ReadingShow less

Featured

an illustration of a global network

Container xChange launches free leasing marketplace

Hamburg, Germany, 27 January 2025 –Container xChange, a leading global platform for container trading and leasing, has introduced free access to its One-Way leasing network.

With a free signup, businesses gain access to over 1,000 vetted partners across 4,000+ locations, helping users to access container availability and pricing insights on 10,000+ routes at no cost.

Keep ReadingShow less

Freespace Robotics announces strategic partnership and investment from industry leader Matthews Automation Solutions

PITTSBURGH, PA / CINCINNATI, OH – January 23, 2025 – Freespace Robotics, an innovator in autonomous robotics for material handling and logistics, today announced a strategic partnership and investment from the Automation Solutions business of Matthews International Corporation (NASDAQ:MATW), a leading provider of warehouse automation software, controls, and order fulfillment systems. This partnership combines Freespace Robotics’ groundbreaking high-density, dynamic storage cube with Matthews’ industry-leading software, unlocking transformative capabilities for warehouse and last-mile operations.

Freespace Robotics’ pioneering solution leverages advanced robotics to deliver high-turnover, small-footprint, high-rise AS/RS (Automate Storage and Retrieval System) technologies. These innovations incorporate traditionally external conveyor functions – such as sortation, sequencing, each-picking, order buffering and pre-staging – into a seamless end to end operation. Combined with Matthews robust software suite and dashboard, which unify product information and inbound and outbound material flows, the Freespace solution offers unmatched versatility across diverse industries and specialized workflows. Together the companies are poised to strengthen core processes and improve KPIs for efficiency, scalability, throughput and cost-effectiveness.

Keep ReadingShow less

Armlogi expands shipping capabilities with Amazon Shipping integration

WALNUT, CA, Jan. 17, 2025 (GLOBE NEWSWIRE) -- Armlogi Holding Corp. (“Armlogi” or the “Company”) (Nasdaq: BTOC), a U.S.-based warehousing and logistics service provider that offers a comprehensive package of supply-chain solutions related to warehouse management and order fulfillment, today announced the integration of Amazon Shipping into its suite of shipping solutions. This new addition is expected to enhance Armlogi’s shipping capabilities, providing customers with more efficient and cost-effective options for parcel delivery.

Since its launch last week, Amazon Shipping has already enabled Armlogi to handle thousands of parcels daily. This service supports Armlogi’s commitment to offering versatile, reliable logistics solutions by ensuring timely pickup and delivery for a broad range of customer needs. Amazon Shipping is particularly noted for its efficiency and cost-effectiveness, making it an attractive option for businesses looking to optimize their shipping and distribution strategies.

Keep ReadingShow less
Dematic Announces Recipients of Second Annual STEM Scholarship Program

Dematic Announces Recipients of Second Annual STEM Scholarship Program

GRAND RAPIDS, Mich. – Jan. 8, 2025 – Dematic is proud to announce the recipients of its 2024 Dematic STEM Scholarship Program, presented in partnership with Grand Rapids Community College (GRCC). In its second year, this program highlights Dematic’s commitment to cultivating science, technology, engineering, and mathematic (STEM) innovators and its strong ties to the Grand Rapids community.

As a supply chain automation and software solutions provider, STEM is a core component of Dematic’s business. By supporting STEM students, Dematic is empowering the next generation of supply chain automation leaders.

Keep ReadingShow less