Monthly Archives for July 2021

India logistics vets launch digital forwarding platform Global logistics veterans based in India on Friday formally launched a new company designed to arm small and medium-sized forwarders and customs brokers in the country with a digital platform for freight procurement, cargo insurance, and trade finance. Mumbai-based Transpost has… India logistics vets launch digital forwarding platform Journal of Commerce

Electronic payment vendors target global logistics inefficiencies The thorny issue of freight invoice accuracy has dogged virtually every buyer of capacity, but a wave of  investment in recent months into payment technology providers serving the forwarding industry is a sign that venture capital firms think it’s… Electronic payment vendors target global logistics inefficiencies Journal of Commerce

Digital forwarding startups plant a flag in Latin America A $16 million funding round into digitally-native forwarder Nowports earlier this month is indicative of a current wave of technology and investment spreading over Latin America, with the emphasis now on empowering importers and exporters in the region. In… Digital forwarding startups plant a flag in Latin America Journal of Commerce

US containerized refrigerated trade continues three-year growth streak Imports of refrigerated (reefer) cargoes to the United States surged in early 2021 while exports plunged, as the ports of Oakland and Los Angeles expanded their share of total US… US containerized refrigerated trade continues three-year growth streak Journal of Commerce

Port congestion, labor shortages increasing costs for food shippers Transportation costs are rising sharply for US perishable food shippers as fluctuating vessel schedules, delays at ports and inland terminals, insufficient labor at trucking companies and shipper receiving facilities, and a… Port congestion, labor shortages increasing costs for food shippers Journal of Commerce