Category Archives for Industry News

Vessel delays costing shippers billions: Sea-Intelligence A new report is putting hard figures to the costs of high demand, port congestion, and the resulting increase in inventories. Vessel delays costing shippers billions: Sea-Intelligence International Freight

Top US Shippers: Apparel retailers ordering early to avoid trans-Pac delays Clothing imports rose in 2021, but shippers are struggling to get time-sensitive fashion items onto store shelves due to delays getting into US ports and inconsistent intermodal rail service. Top US Shippers: Apparel retailers ordering early to avoid trans-Pac delays Journal of Commerce

Top US Shippers: US auto trade rebounding despite disruption, parts shortages Despite strong demand both in the US and overseas, actual US vehicle production and sales remain restrained by parts shortages that forced automakers to halt production several times in 2021. Top US Shippers: US auto trade rebounding despite disruption, parts shortages Journal of Commerce

Top US Shippers: COVID-19 lockdowns, port congestion hampering US ag exports Agricultural shippers are bracing for another year of COVID-related disruptions that will add further costs and delays during the 2022–23 marketing season that begins in the fall. Top US Shippers: COVID-19 lockdowns, port congestion hampering US ag exports Journal of Commerce

Top US Shippers: Electronics imports hit record high in 2021 despite slower growth Persistent supply chain disruptions, along with a slight return to spending on entertainment outside of the home, contributed to a cooling of consumer demand for electronic devices in 2021. Top US Shippers: Electronics imports hit record high in 2021 despite slower growth […]

Freightos turns to public market to fuel next stage of growth Logistics software provider Freightos is being taken public on the Nasdaq, a move that will be closely scrutinized by the founders and investors of growth-stage technology providers in the logistics industry. Freightos turns to public market to fuel next stage of growth Journal of […]

New KlearNow product ties customs to drayage network Customs software provider KlearNow has added a drayage service to its product in order to sync cargo availability to capacity from its network of dray providers. New KlearNow product ties customs to drayage network Journal of Commerce

Top US Shippers: Declining wastepaper exports conceal growing scrap metal demand Despite double-digit percentage increases in exports of ferrous scrap, aluminum, and copper, the US saw an overall decline in US recyclables exports due to limited markets for paper waste. Top US Shippers: Declining wastepaper exports conceal growing scrap metal demand Journal of Commerce

Dray tech provider acquires GPS tracking maker Drayage transportation management software provider Envase on Wednesday said it has acquired GPS tracking technology maker GeoStamp for an undisclosed amount. Envase, the parent… Dray tech provider acquires GPS tracking maker Journal of Commerce

Nowports brings logistics technology unicorn brigade to LatAm Latin American-focused forwarder Nowports has landed a $150 million investment from heavyweights in the venture capital world, which the company said Tuesday it plans to… Nowports brings logistics technology unicorn brigade to LatAm Journal of Commerce