It was the “12 months of the ocean provider” as liner operators noticed 2021 income outcomes that have been greater than double these of different prime 50 transportation suppliers.
Final-mile know-how firm OneRail has raised $33 million in a sequence B funding spherical, bringing its complete funding efforts to $54.5 million since saying its seed spherical two years in the past. The present spherical was co-led by Piva Capital…
Weak European demand for containerized commerce by way of the primary half is hurting port throughput on the area’s high three gateways, however indicators are rising of recovering quantity on sure routes.
Demand for charge benchmarking instruments grew throughout the pandemic’s wild pricing swings in ocean delivery, which has helped gasoline a brand new $80 million funding in Oslo-based software program supplier Xeneta.
“The macro financial system shouldn’t be in a recession, however the freight market has been in a recession, together with truck freight,” says American Trucking Associations Chief Economist Bob Costello. (vitpho/Getty Pictures) [Stay on top of transportation news: Get TTNews…
Given the brief period of the port and terminal closures, impacts appeared minimal as Jacksonville, Savannah and Charleston resumed regular operations.
As a pioneer in warehouse know-how and the event of options that empower warehouse employees, Lucas Programs just lately commissioned a analysis examine and developed the primary Voice of the Warehouse Employee Insights. The objective was to seize the warehouse…
