Flexport founder Ryan Petersen and FreightWaves discuss the reasoning behind Flexport’s massive product release, the role of AI in global logistics and the evolving landscape of international trade regulations.
“We’re partnering with over three times the number of freight forwarders that we [anticipated] by this time,” said Bryan Lacaillade, co-founder and CEO of Freightmate Ai.
Digital freight forwarder Flexport has appointed Trine Nielsen as global head of ocean freight.
Forward Air confirms it has implemented workforce reductions and other restructuring initiatives.
Download this free guide from Unisys to learn how to identify key areas for digitization and integrate new solutions into your existing workflows.
In 1976, an investigation into rate rebating and malpractice by carriers did not put a similar spotlight on freight forwarders. An article in American Shipper at the time questioned whether that was fair.
Forwarder Worldwide Logistics Group announced it has acquired customs brokerage P. W. Bellingall.
An annual survey from Descartes shows how brokers and forwarders are adjusting to the downside of the cycle.
Shipco Transport pairs strong company values with deep expertise and broad coverage to deliver concrete results to its forwarder customers.
Radiant Logistics said Monday it has completed a financial restatement process that resulted in very minor changes.
Inside this edition: Showdown between freight forwarders and customs brokers; FMCSA’s new regulations; and shiny new purchases for Overhaul and DHL.
Echo Global Logistics said it has acquired Fastmore Logistics, a brokerage with a specialized carrier network and expertise selling to international freight forwarders.
Kuehne+Nagel is the largest logistics company in the world. It sees opportunities to capture more business as shipping demand falls.
This training guide was made to help freight forwarders utilize the productivity capabilities of CargoWise. Provided courtesy of the team at Logixboard and their partners, this guide covers: • 5 key CargoWise workflow features, and how and when to use them • The importance of auditing your operation’s processes • How to leverage automation for […]
Air cargo is a premium shipping mode. Companies that want fast, reliable transfers are also seeing lease rates shoot up for logistics facilities near airports.
“Shifex has tremendous insight and we hope to inspire other freight forwarders to come out, be transparent about pricing and move this industry forward,” said Shifl founder and CEO Shabsie Levy.
Experts discuss sustainable fuels for the trucking industry and how tracking emissions and fuel can unlock new opportunities.
Multimodal transportation provider Radiant Logistics reported record results again during its fiscal quarter ended March 31. Demand still remains healthy throughout its network.
EFL Global this year celebrates its 40th anniversary in the freight forwarding and 3PL business.
As part of FreightWaves’ The Future of Supply Chain event, Haul Pay will be demonstrating its revolutionary freight finance product.
Maersk is one of the world’s dominant container shipping lines. Now it is making a play to be a major cargo airline.
Management from Radiant Logistics said it has several levers at its disposal to boost the company’s valuation.
“We are finding that if we can focus heavily on the customer experience, we can deliver tremendous value to our customers and that’s what it’s all about,” says Logixboard CEO Julian Alvarez.
CargoWise has risen to a position of dominance in the transport management system market. In 2020, it gained the top 25 freight forwarders as customers, as well as continued partnerships with 17,000 logistics providers. As a result of the pandemic, more enterprise and midmarket freight forwarders transitioned to remote work environments and partnered with CargoWise […]
The logistics startup has wrapped up its series B funding round.
Radiant Logistics announced Monday that it acquired digital logistics services provider Navegate for $35 million.
Third-party logistics provider Radiant Logistics again posted record quarterly results on Tuesday. On a call with analysts and investors, company officials called out strength in virtually every segment Radiant serves.
We are excited to build out products that free documents and data from legacy workflows and manual processes.
“A lot of the smaller to medium-sized BCOs and NVOCCs are having to exist on the spot market,” says Caitlin Murphy, the founder and CEO of Global Gateway Logistics.
Third-party logistics provider Unique Logistics filed for a public offering, which is expected to raise at least $35.5 million in net proceeds.
QX Logistix said it is closing four facilities in California, and CEVA Logistics announced it is laying off 87 employees at a Dallas-area location.
Radiant Logistics announced it closed its fiscal year in record fashion on Thursday. The company will repurchase shares and pursue acquisitions as a means of boosting valuation.
Several customers have gone live with BravoTran’s technology, including Yusen Logistics and Mitsubishi Logistics of America.
“There was an immediate synergy,” said AIT Worldwide Logistics’ CIO of the acquired companies’ culture.
Nowports aims to digitize supply chains from Asia to the Americas with $16 million in Series A funding.
The new company already has 10 clients, as it takes the HubTran platform and steers it toward a market that is similar but with key differences.
Third-party logistics provider Radiant Logistics handily beat quarterly expectations Monday. Management has returned its focus to share buybacks and M&A.
Robinson highlighted improving productivity metrics.
DSV Panalpina announced Tuesday it plans to acquire the logistics arm of Agility Public Warehousing for $4.1 billion. The deal is expected to turn the transportation and logistics company into a top 3 forwarder globally.
The mismatched timing of payments is always a challenge for freight forwarders and brokers. Trying to explain the process to outside auditors and financing firms is often even more difficult, but Kevin Hill and Amna Shah share the right way to handle this process.
Surging container imports have heightened freight-forwarding demand. Talent scouts like Logitalent help forwarders staff up.
The embezzler will serve concurrent prison terms as well as pay restitution for unpaid taxes.
“It’s been really easy to get the band back together,” says CEO Jason Provonsha.
Airspace moves goods fast, with a mix of technology, air transport, ground couriers and people who literally carry a critical product on a flight and to one’s door. Investors just gave the company a big pile of money to play with.
AIT Worldwide Logistics is expanding its international footprint with the purchase of a German freight forwarder.
The top 25 freight forwarders are now only winning 30.5% of the freight they bid on, as opposed to their previous rate of 53.3%.
There is an opportunity for startups as businesses seek to modernize their business process flows.
Automated freight forwarding can transform the international shipment of perishable goods by bringing efficiency and transparency, Transship CEO says at American Shipper’s Global Trade Tech summit.
Brazilian startup aims to provide tools for freight forwarders to create and maintain partnerships.
Raja Narayanan joins industry disrupter “at this pivotal time where the world is adapting to the new normal.”
Developed by A.P. Møller – Maersk and IBM two years ago, the neutral platform was publishing 2 million events per day within a year and a half.
The coronavirus’ whipsaw effect on the global supply chain took a toll on Kuehne + Nagel during the first half of 2020, but without a rapid internal response the hit would have been far worse, CEO Detlef Trefzger says.
ITG offers Catapult an extensive database of nationwide drayage rates to complement ocean pricing.
Pilot Freight Services, which operated under a national franchise network for decades, now owns 90% of its offices and monitors for future acquisitions.
Long Beach mayor taps ILWU officer Bobby Olvera Jr. to serve as commissioner.
The platform moves toward customization based on job function.
Food logistics supply chains are gradually showing signs of recovery.
Digital freight forwarding startup Beacon raises $15 million in Series A investment.
Litigious society wants someone to pay for coronavirus-related business losses
Chris McMillin of AIT Worldwide Logistics addresses how advanced technology can deliver supply chain solutions.
Flexport CTO James Chen articulates his vision of the future of global trade technology.
“So All Forward not only gives us access to rates, but it gives us the platform to get opportunities,” said Derek Scarborough of Global Logistical Connections Inc.
Zach and Anthony talk about the latest coronavirus developments on transportation, the main functions of a freight forwarder and recent economic developments.
Acquisition of California-headquartered Performance Team designed to strengthen the shipping giant’s ability to meet customers’ end-to-end supply chain needs.
FreightWaves CEO Craig Fuller chats with Julian Alvarez, Founder and CEO of Logixboard.
Julian Alvarez’s goal “is to help the entire industry modernize.”
Robinson aggressively cut prices to hold truckload volumes steady and grow LTL volumes.
Overseas shipping – particularly during the holidays – can be difficult. Here are some tips for making the process easier and more successful.
The fast growing forwarder Flexport was awarded sixth place in FreightWaves 2020 FreightTech 25 competition.
U.S. freight forwarder expands north of the border, tapping into growing volumes of trans-Pacific trade from the Port of Vancouver.
Rusnak conducted the most substantive machine learning in logistics presentation this writer has seen,
On October 29, Bloomberg published an article by Dina Bass, “The ‘Uber for Trucking’ Tries to Navigate Some Uber-Scale Problems.” That was followed by Craig Fuller’s article, Is winter coming for the super-hot FreightTech space?, which ran in FreightWaves on November 3. It would be worth it to read both articles if you have any […]
Analysts now want CHRW to cut costs.
Biesterfeld: “We expect that North American routing guides will continue to reset at lower prices.”
Merchandise of almost any kind is valuable. Packaging it correctly is one key to making sure it arrives at its destination undamaged. Learn some tips about how to package correctly.
Canadian transportation and logistics firm’s freight-forwarding arm makes second acquisition in two weeks, purchasing a company specializing in moving refrigerated cargo and renewable energy components across the world.
After a successful tenure with a startup freight forwarder, Fava is excited to start a new chapter at FreightWaves.
The new platform focuses on collaboration, workflow automation, and allows users to define business priorities.
Acquisition of Panalpina creates one of the world’s largest transport and logistics companies.
After 35 years representing the National Customs Brokers and Forwarders Association of America on Capitol Hill, Jon Kent has decided it is time to retire.
FedEx acquires Colombian freight forwarder, customs broker
When a patient is waiting on an organ to arrive in order to receive a life-saving transplant, every moment matters.
France-based freight-forwarding and logistics company in talks to buy 80 percent stake in unnamed firm.
This week we’re coming at you with one action-packed episode. We talk Oregon Climate Bill drama and the multibillion-dollar cost to airlines of the Iran/U.S. conflict, as well as Uber, Amazon, UPS and FedEx. First Gear joins us for 5 Good Minutes. Plus we have Brad vs. Chad Round 3 in Earnings O/U, Big Deal […]
A looming workforce supply gap in the freight forwarding sector has caused the industry to reach out to over one million high school students.
Market expert Charley Dehoney explores how freight brokers can stay relevant in a rapidly changing environment.
Market expert Cathy Roberson writes about issues that are impacting the air freight market.
Widening margins in NAST, especially truckload brokerage, led the way for Robinson.
Des Moines Truck Brokers (DMTB) is the latest company to join the Blockchain in Transport Alliance (BiTA). Learn more about DMTB and why it joined BiTA.
Scott Hagen, the Corporate Controller, will be the interim CFO, and Robinson Fresh will be lumped in with ‘Other’ services in CHRW’s financial reporting.
Danish logistics major DSV is acquiring Swiss rival Panalpina in a deal worth $4.6 billion, creating one of the world’s largest companies in logistics and freight forwarding.
The former CFO of Forward Air, CEO of Panther Expedited, and CFO of C.H. Robinson hits the open market.
Kenya-based startup Lori has built a logistics platform that is revolutionising the cargo-transport value chain in Africa by seamlessly connecting cargo owners, shippers and transporters via a digital freight marketplace.
CHRW fills out geographical white space and adds density to its Transatlantic forwarding business after turning the corner on the Milgram & Co. integration.
Expeditors should do well in a softening ocean freight market and a Panalpina deal wouldn’t necessarily be a bad thing.
A solid quarter, year despite decelerating sequential net revenue.
CHRW grew earnings per share by 24%, top line revenue by 4.5%; and net revenues by 13%.
“I thought: I can book a flight online, a hotel online. Why can’t I book a shipment online?”
