Monthly Archives for August 2021

Acquisitions extend Maersk’s reach to e-commerce delivery Maersk, emboldened by record profits and accelerated growth of its integrator strategy, is spending roughly $924 million on last-mile and parcel capabilities to serve… Acquisitions extend Maersk’s reach to e-commerce delivery Journal of Commerce

Rate management vendor targets US, Europe expansion with new funding As international ocean freight rate data becomes more publicly available through indexes and online quoting tools, the success of forwarders is as dependent as ever on their ability to be the first to provide a rate to shippers. That led Raghavendran… Rate management vendor targets US, Europe expansion with new funding Journal of Commerce

Disrupted ocean markets a windfall for forwarders Forwarders — large, small, and medium-sized — are enjoying a windfall of business as shippers increasingly turn to non-vessel owning common carriers, or NVOs, to move their cargo out of Asia in the face of rising rates and a sustained ocean capacity shortage.  The highly positive market dynamics for service providers have seen four of the largest Top 20 forwarders in… Disrupted ocean markets a windfall for forwarders Journal of Commerce

Freight chaos pushes digital rate progression The driver for forwarders to use rate management software has shifted from quoting efficiency to determining what rate will actually get space on a vessel, according to a new report from logistics… Freight chaos pushes digital rate progression Journal of Commerce

Procurement vendors arm shippers with carbon calculation tools Freight procurement platforms are likely to play an increasing role in helping shippers navigate carbon reduction goals, evidenced by the recent emergence of two new platforms… Procurement vendors arm shippers with carbon calculation tools Journal of Commerce