Turvo, the world's first real-time collaborative logistics platform, announced today it has closed $60 million in Series B funding led by Mubadala Ventures, the San Francisco-based venture capital arm of Mubadala Investment Company. Turvo also added new investors G2VP and Next47, the Siemens-backed global venture firm. These funds bring the total investment in the company to nearly $100 million, solidifying Turvo as the new standard in end-to-end visibility and collaboration for the logistics and supply chain industry.

According to Freight Waves, the Port of Long Beach and GE Transportation have completed a three month pilot project that to streamline the influx of cargo at that port.

According to JOC.com, shippers can get a clearer picture of their supply chain if they integrate their technology with that of their logistics partners.