Logistics Investors Launch Supply-Chain Technology Accelerator

A group of logistics entrepreneurs is launching a Silicon Valley-style accelerator for supply-chain technology startups, aiming to draw new investment and talent to the freight business. The founders say they will run the Dynamo program alongside a 12 million logistics venture fund in Chattanooga, Tenn. The accelerator will have a 3 million budget raised from the fund and other partners to put toward startups focused on logistics-oriented technologies such as autonomous-truck operations, drones and software. The startups will participate in a three-month program that will include testing their ideas with businesses in the Chattanooga area. The city has a growing manufacturing base, and is close to distribution hubs.