Category Archives for Industry News

Portchain vessel call coordination network expands into Russia Berth optimization software provider Portchain has added a Russia-based terminal operator to its roster of clients as the need to better coordinate berth space with vessel… Portchain vessel call coordination network expands into Russia Journal of Commerce

E-commerce growth spurs new funding for on-demand warehousing tech On-demand warehousing and fulfillment software provider Flowspace has snagged a $31 million investment from venture capital firms wanting to tap into the growth in e-commerce… E-commerce growth spurs new funding for on-demand warehousing tech Journal of Commerce

Surge in e-commerce drives DHL group to record profits Deutsche Post DHL Tuesday reported its best ever annual operating result of $5.7 billion in 2020 as the logistics provider capitalized on soaring demand for e-commerce and express delivery… Surge in e-commerce drives DHL group to record profits Journal of Commerce

Twill, Freightos launch instant container quote pilot Twill, Maersk’s digital services provider aimed at small shippers, will post spot container rates… Twill, Freightos launch instant container quote pilot Journal of Commerce

New investment firms broaden funding options for logistics startups The number of funding options for logistics startups increased over the last week with two new entities focused on the industry emerging to support… New investment firms broaden funding options for logistics startups Journal of Commerce

US importers passing higher freight costs to customers Major US retailers and manufacturers are telling investors they’re being forced to raise prices on products because of higher shipping rates and the rising costs of raw materials due to increased demand and delivery… US importers passing higher freight costs to customers Journal of Commerce

Procurement-logistics alignment key to navigating new trans-Pacific With the new Biden administration in place, trade policies under review, and the alarm bell of 27 container ships awaiting anchor in Southern California as of March 3, the year… Procurement-logistics alignment key to navigating new trans-Pacific Journal of Commerce

project44 addresses container visibility gap with Ocean Insights acquisition Supply chain visibility provider project44 acquired competitor Ocean Insights on Thursday, addressing a long-term gap in its ability to… project44 addresses container visibility gap with Ocean Insights acquisition Journal of Commerce

Solid Q4 demand gave K+N strong finish to 2020 The severely disrupted container shipping markets played a leading role in driving sea freight through Kuehne + Nagel’s high-yielding air cargo… Solid Q4 demand gave K+N strong finish to 2020 Journal of Commerce

TPM21: DHL’s von Orelli tells US importers to lock in contracts early Shippers should negotiate an acceptable contract rate with their carriers and lock it in as quickly as possible, according to Dominique von Orelli, executive vice president and… TPM21: DHL’s von Orelli tells US importers to lock in contracts early Journal of Commerce