article thumbnail

The History of the Shipping Container

Freightos

For centuries the expense, risk, and frustration with ocean freight held back expansion of the international economy, despite the invention of the steam invention. First use of a modern container for ocean freight. Did You Know That … It wasn’t just about freight. In 2014, the shipping ports of America received $1.73

Shipping 120
article thumbnail

[INFOGRAPHIC] The History of Shipping Containers

GlobalTranz

The Freightos System is SaaS for freight contract management, automatic price quotations, and business intelligence. For centuries, the expense, risk, and frustration with ocean freight held back expansion of the international economy, despite the invention of the steam invention. First use of a modern container for ocean freight.

Shipping 120
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

DSV agrees to acquire UTi Worldwide Inc.

Supply Chain Network

Furthermore, DSV will now be truly global within contract logistics and expand into road freight activities outside Europe. The combined companies will have a more balanced geographical footprint with approximately 61% of revenue in Europe, Middle East and North Africa, 17% in Americas, 16% in Asia (APAC) and 6% in Sub-Saharan Africa.

article thumbnail

Interoceanic Passages

Abivin

These routes are typically found connecting important marketplaces with active commercial trade systems, such as Western Europe, North America, and East Asia. Services to the East Coast of North America from Asia and transit through the Suez Canal have grown in recent years and now make up more than 15% of the traffic it handles.

Panama 52
article thumbnail

Top 25 3PL warehousing companies in 2020 (by revenue)

6 River Systems

A behemoth in the logistics industry, UPS has operations in shipping, air freight, trucking, last-mile delivery and drone delivery. FedEx Corporation FedEx , previously known as Federal Express, is an American multinational freight company founded in 1971 as a system for urgent deliveries. Kuehne + Nagel Inc. Jacobs in 2011.

article thumbnail

This Week in Logistics News (January 13 – 19)

Logistics Viewpoints

Red Sea news: Air freight rates could spike as Red Sea attacks disrupt shipments Global trade drops 1.3% Red Sea news: Air freight rates could spike as Red Sea attacks disrupt shipments Global trade drops 1.3% Air freight can slash delivery times to just a few days compared to weeks taken by ocean carriers. million customers.