“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.
