Freightos
NOVEMBER 11, 2021
Late 2021 saw Maersk continue to shift towards vertical integrations, with acquisition of Senator, a German freight forwarder for $644 million dollars. While Facebook is looking at virtual reality, Alibaba and Amazon are looking more at freight. Accelerating the shift. Image via StarAir.dk). Behind the Maersk shift. Enter Big Tech.
Logistics Viewpoints
FEBRUARY 18, 2022
Coke announces industry-leading target for reusable packaging. Three former SpaceX engineers have founded Parallel Systems , a firm specializing in autonomous battery-powered electric rail vehicles for shipping and freight. The ongoing freight backups at maritime ports is disrupting global supply chains.
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Zipline Logistics
MAY 19, 2020
As we move into the back half of May, the freight market is starting to show signs of an expedited rebound. . Th ese conditions have caused a more favorable freight environment. That is e specially the case for outbound freight in southern states and California where produce season is in full swing. . cross-industry?reopening,
Supply Chain Matters
OCTOBER 25, 2023
According to the announcement , Ryder will acquire 15 operations across Florida, Georgia, Illinois, North Carolina, Ohio, Pennsylvania, Texas, Utah , and California. The transaction is expected to add approximately $250 million in annual total revenue to Ryder ’s supply chain solutions business segment and be accretive to shareholders.
Intelligent Audit
JANUARY 17, 2023
With 2022 now in the past, key players in the transportation industry are reflecting on the wins, losses, and toss-ups of 2022. Here’s what you need to know about the latest news and trends in an industry that’s always moving. UPS Leads Industry for Peak Season On-Time Delivery. 24, UPS delivered 97.5% of packages on time.
Supply Chain Matters
APRIL 4, 2024
Founded in 2003, Utah based Avetta has reportedly deployed by 500 clients located in more than 130 countries. The software and managed services of this provider were augmented with the acquisition of New South Wales based Pegasus in 2021.
DAT Solutions
SEPTEMBER 15, 2016
The ocean freight industry suddenly lost one of the top ten players when Hanjin Shipping Co. Missed schedules could keep rates high well into November, when the holiday freight season would ordinarily start to wind down. That means higher volumes, and likely higher freight rates, just when weather starts to turn ugly.
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