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The purchase of Memphis-based ReTrans Inc. is intended to expand K+N's North American network and sync with the third party logistics provider's ocean and airfreight businesses.
Dubai-based Mercator, majority owned by the private equity group Warburg Pincus, plans to link Catapult's rate and quote management solutions with its own air cargo-focused technology.
Retailer diverted cargo, formed chassis fleet, and used untapped drayage to combat West Coast congestion.
Port disruptions caused by contentious dockworker contract negotiations likely reduced real export growth 1.5 percent in the first quarter, according to a recent study by the Federal Reserve Bank of New York.
A new whitepaper from CarrierDirect says 3PLs can become strategic partners of LTL carriers in tight capacity environment by reducing a major pain point for carriers.