Platform helping customs target risky cargo attracts million A technology startup that is aiming to build a more effective version of trusted trader programs like the United States’ Customs-Trade Partnership Against Terrorism (C-TPAT) by allowing customs authorities to better target risky shipments and shippers has snagged a… Platform helping customs target risky cargo attracts million […]
Read More →Platform helping customs target risky cargo attracts $7 million
on November 24, 2020in Industry News
Forto's forwarding growth leads to major new funding round
on November 17, 2020in Industry News
Forto’s forwarding growth leads to major new funding round Berlin-based forwarder Forto has leveraged a tripling of its ocean freight volume in 2020 to land a second funding round this year with a $50 million investment from venture capital groups, including Maersk’s venture arm.The investment means Forto, among the first to push the concept of […]
Read More →Amazon makes quiet move into customs clearance, compliance
on November 17, 2020in Industry News
Amazon makes quiet move into customs clearance, compliance With virtually no fanfare, Amazon is making aggressive moves to enter yet one more segment of the logistics industry — customs clearance and compliance.The retail behemoth, which acquired cloud-based customs clearance startup INLT in 2019, is now actively recruiting customs compliance staff for what it calls its […]
Read More →Shippers face delays despite UPS, FedEx capacity expansion
on November 11, 2020in Industry News
Shippers face delays despite UPS, FedEx capacity expansion Despite UPS and FedEx recently expanding their networks to provide additional capacity and improve delivery times ahead of the holiday season, small and medium-size shippers say they’re still struggling with delays.“In general, every… Shippers face delays despite UPS, FedEx capacity expansion Journal of Commerce
Read More →Frozen COVID-19 vaccine heats up logistics complexity
on November 11, 2020in Industry News
Frozen COVID-19 vaccine heats up logistics complexity The latest COVID-19 vaccine research breakthrough this week has… Frozen COVID-19 vaccine heats up logistics complexity Journal of Commerce
Read More →JOC Uncharted: Pandemic sparked shipper decision-making
on November 11, 2020in Industry News
JOC Uncharted: Pandemic sparked shipper decision-making The head of DHL Supply Chain says the pandemic spurred its… JOC Uncharted: Pandemic sparked shipper decision-making Journal of Commerce
Read More →DHL grows pricing power in solid Q3
on November 10, 2020in Industry News
DHL grows pricing power in solid Q3 Deutsche Post DHL Group significantly boosted pricing power across its express, forwarding, and e-commerce divisions to post an almost 52 percent increase in third-quarter net profit.The earnings momentum is… DHL grows pricing power in solid Q3 Journal of Commerce
Read More →Container lines leaning on cloud technology for digital differentiation
on November 9, 2020in Industry News
Container lines leaning on cloud technology for digital differentiation Container carriers have fully embraced the migration of their systems to cloud infrastructure as a way to manage fluctuations in their computing… Container lines leaning on cloud technology for digital differentiation Journal of Commerce
Read More →Forwarders see ocean unreliability eroding carrier threat
on November 5, 2020in Industry News
Forwarders see ocean unreliability eroding carrier threat The business approach of asset-owning ocean carriers will always be heavily focused on filling vessels rather than providing the… Forwarders see ocean unreliability eroding carrier threat Journal of Commerce
Read More →Maersk’s Twill targets small shippers via digital sales channel
on November 3, 2020in Industry News
Maersk’s Twill targets small shippers via digital sales channel When Maersk launched the online forwarder Twill in 2017, it was seen as the container line’s answer to Flexport and other digitally native forwarders to emerge in the… Maersk’s Twill targets small shippers via digital sales channel Journal of Commerce
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