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 ...
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 ...
Amazon Supply Chain Services launch signals major shift for freight transportation and logistics The recent announcement by Seattle-based global e-commerce giant Amazon regarding the official opening ...
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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 ...
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 ...
The integration allows freight forwarders, airlines, GSAs and logistics teams to access CargoMART functions from within 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 ...
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 ...
Om Freight Forwarders, a Mumbai-based logistics firm, is launching its IPO on September 29 to raise over ₹122.21 crore. The offering includes a fresh issue and an offer-for-sale, with shares listed on ...
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