New India-focused consolidator provides digital LCL path Two India-based shipping veterans have launched a new digital ocean freight consolidator designed to help Indian importers streamline the process of booking and tracking less-than-container load (LCL) shipments. Chennai-based Dokonaly is… New India-focused consolidator provides digital LCL path Journal of Commerce
Read More →Logistics marketplace FreightMango plugs into visibility data provider
on August 11, 2021in Industry News
Logistics marketplace FreightMango plugs into visibility data provider Forwarders and logistics marketplaces are increasingly focused on providing visibility data to their customers amid a seemingly never-ending string of disruptions to international containerized supply chains caused by the COVID-19 pandemic… Logistics marketplace FreightMango plugs into visibility data provider Journal of Commerce
Read More →Cross-border services startup uses e-commerce growth to land parcel consolidator
on August 10, 2021in Industry News
Cross-border services startup uses e-commerce growth to land parcel consolidator Passport, a platform that helps e-commerce retail brands get access to cross-border shipping services, has acquired parcel consolidator Access Worldwide, more evidence that online shopping is driving strategic acquisition and investment activity. Passport CEO Alex Yancher said in a statement Tuesday the company will get access to better shipping rates… Cross-border services startup uses e-commerce growth to land parcel consolidator Journal of Commerce
Read More →Cross-border services startup scoops up parcel consolidator
on August 10, 2021in Industry News
Cross-border services startup scoops up parcel consolidator Passport, a platform that helps e-commerce retail brands get access to cross-border shipping services, has acquired parcel consolidator Access Worldwide, more evidence that online shopping is driving strategic acquisition and investment activity. Passport CEO Alex Yancher said in a statement Tuesday the company will get access to better shipping rates… Cross-border services startup scoops up parcel consolidator Journal of Commerce
Read More →New funding, acquisition signal growing digital forwarder competition
on August 9, 2021in Industry News
New funding, acquisition signal growing digital forwarder competition European digital forwarder Shypple said Monday it has raised 18.5 million euros (US $21.75 million) in funding and acquired an air freight and perishables specialist, the latest sign… New funding, acquisition signal growing digital forwarder competition Journal of Commerce
Read More →Acquisitions extend Maersk’s reach to e-commerce delivery
on August 6, 2021in Industry News
Acquisitions extend Maersk’s reach to e-commerce delivery Maersk, emboldened by record profits and accelerated growth of its integrator strategy, is spending roughly $924 million on last-mile and parcel capabilities to serve… Acquisitions extend Maersk’s reach to e-commerce delivery Journal of Commerce
Read More →Rate management vendor targets US, Europe expansion with new funding
on August 5, 2021in Industry News
Rate management vendor targets US, Europe expansion with new funding As international ocean freight rate data becomes more publicly available through indexes and online quoting tools, the success of forwarders is as dependent as ever on their ability to be the first to provide a rate to shippers. That led Raghavendran… Rate management vendor targets US, Europe expansion with new funding Journal of Commerce
Read More →Disrupted ocean markets a windfall for forwarders
on August 4, 2021in Industry News
Disrupted ocean markets a windfall for forwarders Forwarders — large, small, and medium-sized — are enjoying a windfall of business as shippers increasingly turn to non-vessel owning common carriers, or NVOs, to move their cargo out of Asia in the face of rising rates and a sustained ocean capacity shortage. The highly positive market dynamics for service providers have seen four of the largest Top 20 forwarders in… Disrupted ocean markets a windfall for forwarders Journal of Commerce
Read More →Freight chaos pushes digital rate progression
on August 3, 2021in Industry News
Freight chaos pushes digital rate progression The driver for forwarders to use rate management software has shifted from quoting efficiency to determining what rate will actually get space on a vessel, according to a new report from logistics… Freight chaos pushes digital rate progression Journal of Commerce
Read More →Procurement vendors arm shippers with carbon calculation tools
on August 2, 2021in Industry News
Procurement vendors arm shippers with carbon calculation tools Freight procurement platforms are likely to play an increasing role in helping shippers navigate carbon reduction goals, evidenced by the recent emergence of two new platforms… Procurement vendors arm shippers with carbon calculation tools Journal of Commerce
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