US importers, exporters dig in for prolonged demand cycle Can strong demand for one’s wares and commodities be too much of a good thing? For US importers and some exporters, particularly agricultural shippers, the… US importers, exporters dig in for prolonged demand cycle Journal of Commerce
Read More →Zencargo’s new funding a further sign of digital forwarder maturation
on May 17, 2021in Industry News
Zencargo’s new funding a further sign of digital forwarder maturation Zencargo last week turned robust growth the past year into a $42 million venture capital funding round that places it on a similar track as fellow well-capitalized digitally-native forwarders Flexport and Forto. Collectively,… Zencargo’s new funding a further sign of digital forwarder maturation Journal of Commerce
Read More →Top US Shippers: Semiconductor shortage a fork in the road for auto trade
on May 10, 2021in Industry News
Top US Shippers: Semiconductor shortage a fork in the road for auto trade (The following story appears in the Top 100 US Importers and Exporters issue of the Journal of Commerce print magazine.)The COVID-19 pandemic is set… Top US Shippers: Semiconductor shortage a fork in the road for auto trade Journal of Commerce
Read More →Descartes acquires Portrix to address rate management gap
on May 10, 2021in Industry News
Descartes acquires Portrix to address rate management gap Logistics software provider Descartes announced Monday it has acquired rate management system maker Portrix Logistic Systems for $26.7 million as consolidation continues among solutions companies catering to logistics services providers (LSPs). Descartes CEO… Descartes acquires Portrix to address rate management gap Journal of Commerce
Read More →Descartes’ acquires Portrix to address rate management gap
on May 10, 2021in Industry News
Descartes’ acquires Portrix to address rate management gap Logistics software provider Descartes announced Monday it has acquired rate management system maker Portrix Logistic Systems for $26.7 million as consolidation continues among solutions companies catering to logistics services providers (LSPs). Descartes CEO… Descartes’ acquires Portrix to address rate management gap Journal of Commerce
Read More →Drewry shifts to new procurement software partner
on April 29, 2021in Industry News
Drewry shifts to new procurement software partner Supply chain consultancy Drewry on Wednesday announced a partnership with procurement software provider Freightender to serve clients for which… Drewry shifts to new procurement software partner Journal of Commerce
Read More →Logixboard parlays customer experience need into VC funding
on April 28, 2021in Industry News
Logixboard parlays customer experience need into VC funding A growing need from forwarders to build effective user interfaces to win shipper business has translated into a venture capital funding round for logistics software provider Logixboard. Seattle-based Logixboard said Wednesday it snagged a $13… Logixboard parlays customer experience need into VC funding Journal of Commerce
Read More →MSC adds weight to eBL momentum
on April 28, 2021in Industry News
MSC adds weight to eBL momentum Mediterranean Shipping Co. (MSC) is rolling out an electronic bill of lading (eBL) product to customers globally to induce the industry to wean itself off paper BLs,… MSC adds weight to eBL momentum Journal of Commerce
Read More →Startup gets funding to help small shippers navigate international logistics
on April 27, 2021in Industry News
Startup gets funding to help small shippers navigate international logistics A software provider that enables direct-to-consumer brands to appropriately price the logistics and trade compliance costs of shipping internationally for its consumers has gotten the… Startup gets funding to help small shippers navigate international logistics Journal of Commerce
Read More →DSV adds $4.2 billion Agility takeover to solid Q1 result
on April 27, 2021in Industry News
DSV adds .2 billion Agility takeover to solid Q1 result DSV Panalpina’s $4.2 billion acquisition of Agility’s Global Integrated Logistics business announced Tuesday will increase its combined annual revenue by almost 25 percent and strengthen its market position in both air and ocean freight transport. When the deal is finalized in the… DSV adds .2 billion Agility takeover to solid Q1 result Journal of Commerce
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