Freightos loses $5.9M as cost-cutting plan takes effect
Freight booking platform Freightos is working to reduce its cash burn as it continues to grow and add new products.
Modern Shipper covers the gig economy, including same-day, on-demand, and last-mile delivery jobs and services. Readers will find current news on gig economy companies, gig economy workers, gig economy data and trends. In addition, Modern Shipper focuses on e-commerce, e-commerce platforms and companies, and e-commerce services and technologies.
Freight booking platform Freightos is working to reduce its cash burn as it continues to grow and add new products.
The Minneapolis City Council approved an ordinance this week sharply increasing compensation for Uber and Lyft drivers, but the mayor’s signature is needed for it to become law.
Smaller airports without big-city crowds offer many advantages to all-cargo airlines and shippers, which are taking more business to those locations.
Moves similar to blackjack tactics describe how cash-poor transportation startups are grasping for new capital.
Sun Country Airlines had a strong quarter for cargo thanks to growth in its Amazon business.
Kodif’s founding team showcases experience, resulting in the development of a technical product that empowers even those lacking technical proficiency to effectively utilize it.
A new service by the U.K.’s Royal Mail is slated to become the country’s first permanent drone delivery operation.
“The discussion of reducing the de minimis back to the $200 threshold could impact e-commerce retailers with high-value products by increasing costs,” said BoxC Logistics co-founder Chad Schofield.
Same-day or next-day Prime deliveries are four times greater than in 2019, Amazon’s Herrington says.
The express division of DHL Group plans to build a large maintenance facility at Cincinnati/Northern Kentucky International Airport, part of a huge investment in the company’s U.S. air network.
Hawaiian Airlines is starting an in-house cargo airline that will fly dedicated routes for Amazon Air starting this fall.
Merchants can use FlowspaceAI for Freight, particularly its Network Optimization tool, to support a range of services, enhancing fulfillment operations and providing valuable insights for marketing and sales strategies.
Logistics real estate operator Link Logistics upgrades its portfolio in the second quarter, booking a 52% increase in leasing spreads.
Ontario International Airport has approved a large cargo development for DHL Express to support express delivery on the West Coast.
Fluid Truck Renew helps commercial fleets lease out parked equipment and offers a simple way for new fleets to enter the market.
Lowe’s expanded same-day delivery service leverages OneRail’s OmniPoint platform and network of 12 million drivers.
Union pilots at UPS are ready to show solidarity with Teamsters workers if there is a strike, which would ground UPS Airlines.
Amazon is dialing back flights for its European cargo airline. The third party operating those flights has let go nearly 30 pilots.
Autonomous mobile robots can help combat the warehouse worker shortage, experts say.
Amazon’s private airline that outsources cargo flying to third parties has ended its partnership with Silver Airways, a small regional carrier that operated five small ATR72-500 turboprop planes on small feeder routes, FreightWaves has confirmed. Silver Airways, a privately held regional airline based in Fort Lauderdale, Florida, that operates passenger service in the Southeast, the […]