Category Archives for Industry News

Singapore-based visibility provider latest to get VC backing Singapore-based technology provider Portcast has nabbed a $3.2 million funding round meant to expand its geographic reach, the latest example of how demand from shippers and logistics companies for predictive international freight visibility… Singapore-based visibility provider latest to get VC backing Journal of Commerce

Slync.io takes aim at connecting bookings to allocations Technology provider Slync.io is arming logistics services providers (LSPs) with an “entry point” tool designed to better align space allocation needs for shippers with confirmed bookings from ocean carriers in an ocean market beset… Slync.io takes aim at connecting bookings to allocations Journal of Commerce

Rate gap widening for ‘preferred’ shippers: Xeneta While all Trans-Pacific shippers are paying more this year than they did in 2020, the delta between those who move cargo predominantly on contract rates versus those forced into the spot market has… Rate gap widening for ‘preferred’ shippers: Xeneta Journal of Commerce

South Vietnam’s stay-at-home order puts brakes on factory production Vietnam has deployed its army to enforce COVID-19 lockdowns across the key manufacturing areas of Ho Chi Minh City and its neighboring southern provinces,… South Vietnam’s stay-at-home order puts brakes on factory production Journal of Commerce

Southern Vietnam’s stay-at-home order puts brakes on factory production Vietnam has deployed its army to enforce COVID-19 lockdowns across the key manufacturing areas of Ho Chi Minh City and its neighboring southern provinces,… Southern Vietnam’s stay-at-home order puts brakes on factory production Journal of Commerce

JAS makes fourth takeover this year in global expansion The drive for scale by global forwarders has intensified this year in the highly fragmented logistics sector, where changes in demand patterns and soaring e-commerce growth have led to a series of targeted takeovers. In just the past three days, DSV Panalpina finalized… JAS makes fourth takeover this year in global expansion Journal of Commerce

JAS inks fourth takeover this year in global expansion bid The drive for scale by global forwarders has intensified this year in the highly fragmented logistics sector, where changes in demand patterns and soaring e-commerce growth have led to a series of targeted takeovers. In just the past three days, DSV Panalpina finalized… JAS inks fourth takeover this year in global expansion bid Journal […]

New India-focused consolidator provides digital LCL path Two India-based shipping veterans have launched a new digital ocean freight consolidator designed to help Indian importers streamline the process of booking and tracking less-than-container load (LCL) shipments. Chennai-based Dokonaly is… New India-focused consolidator provides digital LCL path Journal of Commerce

Logistics marketplace FreightMango plugs into visibility data provider Forwarders and logistics marketplaces are increasingly focused on providing visibility data to their customers amid a seemingly never-ending string of disruptions to international containerized supply chains caused by the COVID-19 pandemic… Logistics marketplace FreightMango plugs into visibility data provider Journal of Commerce

Cross-border services startup uses e-commerce growth to land parcel consolidator Passport, a platform that helps e-commerce retail brands get access to cross-border shipping services, has acquired parcel consolidator Access Worldwide, more evidence that online shopping is driving strategic acquisition and investment activity. Passport CEO Alex Yancher said in a statement Tuesday the company will get access to better shipping rates… Cross-border services startup uses e-commerce growth to land parcel consolidator Journal of Commerce