Monthly Archives for February 2022

Perishables an unrecognized victim of supply chain disruption By now we are probably… Perishables an unrecognized victim of supply chain disruption Journal of Commerce

Forwarders lagging on automated quote capability: RPA Labs Only one-third of the largest forwarders in the world responded to an online ocean rate request from… Forwarders lagging on automated quote capability: RPA Labs Journal of Commerce

Clipper backs ‘highly attractive’ .3 billion GXO takeover offer United Kingdom-based Clipper Logistics told investors Monday it has reached agreement on a $1.3 billion cash and share offer from US contract logistics… Clipper backs ‘highly attractive’ .3 billion GXO takeover offer Journal of Commerce

‘No decision’ on rumored DB Schenker sale: Deutsche Bahn German rail operator Deutsche Bahn moved Wednesday to tamp down renewed speculation that it was nearing a deal to sell forwarding subsidiary DB Schenker, telling JOC.com it was “currently very happy”… ‘No decision’ on rumored DB Schenker sale: Deutsche Bahn Journal of Commerce

Descartes acquires broker tech provider to target ‘de minimis’ shipments Logistics software company Descartes will be able to tap into increased demand for compliance tools associated with low-value international e-commerce… Descartes acquires broker tech provider to target ‘de minimis’ shipments Journal of Commerce

Europe-based Shippeo adds to crowded US visibility field The US real-time transportation visibility market is getting a new entrant with European stalwart Shippeo making a concerted push to tap into North America, the world’s largest consumption… Europe-based Shippeo adds to crowded US visibility field Journal of Commerce

Container tracking provider Traxens funnels investment into acquisition Traxens, which makes trackable sensors for ocean containers, said Tuesday it is acquiring competitor NEXT4 as part of a plan… Container tracking provider Traxens funnels investment into acquisition Journal of Commerce

Flexport’s valuation soars amid latest venture capital infusion Flexport on Monday announced a massive new funding round led by a titan of the Silicon Valley venture capital world that values the San… Flexport’s valuation soars amid latest venture capital infusion Journal of Commerce

Arrive Logistics moves into cross-border freight with Forager acquisition The acquisition of Forager Group launches Arrive Logistics into the US cross-border freight business, creating opportunities for both companies to expand quickly, Arrive CEO Matt Pyatt said Tuesday. “We’re already doing 250 truckloads a day in and out… Arrive Logistics moves into cross-border freight with Forager acquisition Journal […]