Trucking

Noi Mahoney Thursday, September 26, 2019

Amazon buys tech firm INLT to help online merchants with cross-border trade

Amazon.com recently acquired cloud-based startup INLT, a move designed to simplify importing goods into the United States for Amazon’s online merchants, according to Reuters. INLT, which the company said stands for IN:LET, makes software for merchants to manage the costs of customs clearance on cross-border shipments. Terms of the acquisition, which was announced Sept. 24, were not […]

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Noi Mahoney Thursday, September 26, 2019

Covenant Transport to close its truck service in Mexico (with video)

Covenant Transport has decided to end all service to the interior of Mexico, citing dropping spot market pricing, increasing detention times and an inability to gain the freight density needed to balance costs. “After five years servicing the interior of Mexico, Covenant Transport Services will, in coming months, end our Mexico service offering,” said Andy […]

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