Global freight forwarder AIT Worldwide Logistics announced Tuesday it has acquired Miami-based forwarder GSDMIA Inc. The deal is expected to bolster AIT’s trade lanes between Asia, Europe, Latin ...
In Western markets, freight forwarders are well into digitizing their operations, but the same doesn’t hold true in Southeast Asia, say the founders of Fr8Labs. The reasons for that include the lack ...
FedEx’s spin-off of FedEx Freight is a done deal The long-awaited spin-off of FedEx Freight, the less-than-truckload (LTL) subsidiary of Memphis-based global freight transportation and logistics ...
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Logistics optimization software startup Starboard Systems Inc. wants to help freight companies to eliminate global supply chain complexities after closing on a $5.5 million round of funding. The money ...
The rise of e-commerce continues to disrupt logistics and supply chain operations, driving the need for faster, more efficient delivery models. As consumer demands evolve, traditional freight methods ...
DSV is officially acquiring DB Schenker from German railway Deutsche Bahn for 14.3 billion euros ($15.9 billion) in an all-cash deal that merges two logistics giants and creates the world’s largest ...
Deal sets up combined entity to be one of world's Top 3 freight forwarders Also In This Package Flying from India to UAE? Here are all the updates Affordable and foldable - Samsung has it ADNOC’s ...
Shopify’s strong third quarter sent the e-commerce giant’s stock up 25 percent on Tuesday, but its quarterly earnings report also appeared to see Flexport’s losses narrow as a positive sign for the ...
Traditionally speaking, a freight forwarder is a company that receives and ships goods on behalf of other companies. The official U.S. definition of the term "freight forwarder" is a "person holding ...
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