The freight rate marketplace and management software provider's venture capital investment has now topped $50 million as it seeks to digitize the freight rate environment.
The Seattle-based e-commerce giant’s acquisition of SOUQ.com, the largest online retail and marketplace platform in the Arab world, is expected to close some time in 2017.
Future safety gains in the freight transportation industry “are being held back by government red tape that stifles innovation and improvement,” according to a new report from the Competitive Enterprise Institute.
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Ocean carriers Maersk Line, MSC, CMA CGM, Hapag-Lloyd, Hamburg Süd and MOL announced freight rate changes.
The shipping research and consulting firm attributed November’s year-over-year increase in idled containership capacity to the Panama Canal’s new locks, which made smaller containerships less attractive, along with Hanjin’s bankruptcy.
Mac R. Behnke Rentals got into an accident while transporting a shipment for Denso, damaging some of the cargo, and a court said the dispute would have to be resolved by a “fact finder” in trial and not in a summary judgement proceeding.