Flexport invests in tech start-up that can cut out truck brokerage fees
Flexport has invested in a start-up which connects shippers to truckers directly, cutting out freight ...
Supply chain visibility development company project44 has secured a further $202m in funding for its expansion into the Chinese, and other, markets.
The Series E investment is being led by Goldman Sachs and follows earlier investment of $241m, bringing the total to $442.5m secured to improve the company’s supply chain predictability systems.
The latest tranche has seen the company’s value rise to $1.2bn as supply chain issues rose up the agenda for traders during the pandemic.
Development and deployment of project44’s multimodal carrier ...
'Disastrous' DSV-Schenker merger would 'disrupt European haulage market'
New senior management for DSV as it readies for DB Schenker takeover
Volumes set to 'fall off a cliff' as US firms hit the brakes on sourcing and bookings
Asian exporters scramble for ships and boxes to beat 90-day tariff pause
Amazon pushes into LTL for small package fulfilment and UPS does a u-turn
Temporary tariff relief brings on early transpacific peak season
Pre-tariff rush of goods from US to China sees air rates soar, but not for long
Forwarders 'allowing the fox into the chicken run' by supporting 'hungry' carriers
Comment on this article