Category Archives for Industry News

Integration provider Chain.io gets VC funding to fuel logistics connectivity Logistics software integration specialist Chain.io has raised $5 million in venture funding to expand its ability to help third-party logistics providers (3PLs) and shippers connect with the… Integration provider Chain.io gets VC funding to fuel logistics connectivity Journal of Commerce

OpenEnvoy gets early funding to build freight bill audit momentum OpenEnvoy said Tuesday it has snagged a $6.5 million seed round from a group of venture capital investors to expand its automated freight invoice… OpenEnvoy gets early funding to build freight bill audit momentum Journal of Commerce

Lender merges acquired brands to tap into logistics consolidation power Finance lender eCapital on Tuesday said it has consolidated eight acquisitions made over the past four years into a single entity as it seeks to capitalize… Lender merges acquired brands to tap into logistics consolidation power Journal of Commerce

New ‘managed’ forwarding marketplace gives US shippers online options A new freight forwarding marketplace launched this week in North America aims to entice shippers that struggle to scale their international import capabilities in line with orders. The company,… New ‘managed’ forwarding marketplace gives US shippers online options Journal of Commerce

Maersk’s 4PL play could further rile forwarder partners A new managed transportation services (MTS) product from Maersk targeting large shippers that oversee complex global supply chains could further increase tension with its forwarder customers as the world’s… Maersk’s 4PL play could further rile forwarder partners Journal of Commerce

DCSA members getting on board with track-and-trace standard Five of the nine container line members of the Digital Container Shipping Association (DCSA) say they have adopted, or soon will adopt,… DCSA members getting on board with track-and-trace standard Journal of Commerce

Suez-delayed ships to start reaching US East Coast by weekend … Suez-delayed ships to start reaching US East Coast by weekend International Freight

Volatility delays THE Alliance’s service changes: Alphaliner … Volatility delays THE Alliance’s service changes: Alphaliner International Freight

Suez disruption shows resilience of ocean transportation network … Suez disruption shows resilience of ocean transportation network International Freight

New container prices surge to record highs amid five-month order backlog … New container prices surge to record highs amid five-month order backlog International Freight