Monthly Archives for May 2021

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

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

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

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