Digital forwarder Forto has smashed through the $2 billion valuation barrier with a new round of funding that it will use to grow its presence in Europe and Asia.
Logistics Providers
Logistics Providers
In-depth coverage of freight-forwarders, including the latest quarterly earnings mergers and acquisitions, and news about new technologies that promise to improve productivity, and reduce costs for freight forwarders, shippers, carriers and other stakeholders in the global trade community.
From the leading forwarders – such as DHL, Kuehne + Nagel, DB Schenker, Flexport, DSV, Expeditors, Panalpina, Nippon Express, UPS, Bollore Logistics, Ceva, Hellman and Geodis – to the smaller forwarders, JOC not only keeps the shipping community up to date with the latest headlines, but explains which news developments are likely to have a long-term impact on their supply chains and those of their customers.
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Webcasts
Jun 7, 2022 2:00PM EDT
Aug 10, 2022 2:00PM EDT
News & Analysis
02 Mar 2022
As container lines pull back on inland point intermodal (IPI), US importers are rethinking their landside delivery plans and containerized freight is moving further inland before being deconsolidated.
25 Feb 2022
Supply chain partners who share shipment data that is filed with US Customs via a common platform can help terminal operators build “peel-off” piles that help to reduce trucker turn times.
22 Feb 2022
Expeditors International has yet to fully recover from a cyberattack over the weekend that forced the forwarder to shut down its entire computer network.
22 Feb 2022
A mystery shopper survey by forwarding technology provider RPA Labs found that the vast majority of forwarders can’t automate quotes for a new ocean customer.
18 Feb 2022
Kerry Logistics’ plan to buy The Topocean Group will further consolidate the booming trade among non-vessel-operating common carriers able to provide end-to-end services on the eastbound trans-Pacific.
16 Feb 2022
C.H. Robinson Worldwide, the largest US freight broker, sees autonomous trucking as a “new mode” and a way to better manage its partners’ assets, creating capacity for shippers.
16 Feb 2022
The Pilot Freight acquisition gives Maersk not just last-mile delivery capabilities, but the “middle-mile” backbone needed to speed freight to the final mile.
09 Feb 2022
The $1.6 billion acquisition of Pilot Freight Services gives Maersk greater power to integrate ocean, air, and land-based services from the first to last mile.
07 Feb 2022
High profile forwarder Flexport has landed more than $900 million in new venture capital to fuel its growth, an amount sure to fuel debate about whether it is fundamentally reshaping the nature of global logistics.
01 Feb 2022
The acquisition of cross-border specialist Forager Group will help multi-modal logistics provider Arrive offer shippers more visibility, connections, and capacity.
26 Jan 2022
A need for mid-market forwarders to compete with digital upstarts and well-capitalized incumbents has fueled a new round of investment into Logixboard’s customer interface-focused model.
25 Jan 2022
High freight demand, driven by US imports and e-commerce, will keep pressure on less-than-truckload capacity and pricing in 2022, speakers said at the annual SMC3 JumpStart conference.
24 Jan 2022
BasicBlock has turned traction from small truckload carriers for its factoring and payment solutions into a large round of debt and equity funding to broaden the scope of its financial services.
20 Jan 2022
Forwarder shifl has joined a growing list of providers aiming to arm cargo owners with a means to simplify and digitize payments to vendors, a topic of increasing importance as shippers wrestle with cargo holds and penalties.
18 Jan 2022
FourKites’ acquisition of European trucking and rail data provider NIC-place enhances its ability to get granular data on shipments in an increasingly competitive landscape for visibility.
11 Jan 2022
Expansion in the Netherlands follows a $1.7 billion funding round that will propel growth as Lineage Logistics builds its global food chain.
07 Jan 2022
Global 3PLs are facing competition from digitally oriented forwarders and vertically integrated container lines and terminal operators.
07 Jan 2022
After 18 months of chaotic supply chains, cargo owners are searching for stability as they look ahead into 2022.
06 Jan 2022
A fresh round of investor cash sets the stage for greater automation and expansion of facilities in Lineage’s global cold-chain network.
03 Jan 2022
The COVID-19 pandemic continues to hang over the air cargo business, and until regular international travel resumes, shippers will find space in tight supply and rates at elevated levels.
03 Jan 2022
Logistics providers are largely embracing a buy-and-build approach to serve their shipper and carrier ecosystems, realizing that internal development resources aren’t usually enough to cater for all their software needs.
03 Jan 2022
The trans-Atlantic trade will report significant volume growth in 2021 as heavy US demand fills all available capacity and pushes rates to record levels.
29 Dec 2021
Shippers and forwarders under pressure to pay freight surcharges have an option to apply for credit through a new offering by payment vendor PayCargo’s working capital solutions group.
28 Dec 2021
Domestic intermodal shippers who want to use BNSF Railway to send cargo in 53-foot containers will have one fewer service option come Jan. 1, JOC.com has learned.
27 Dec 2021
Pandemic-born disruption will continue forcing logistics practitioners to rework supply chains in 2022 to deal with ongoing congestion and equipment shortages.
20 Dec 2021
Mediterranean Shipping Co. has made an offer for the largest port and logistics provider on the African continent as it looks to expand on a growing market.
16 Dec 2021
Convoy’s recent foray into developing technology for use by other brokers hints at a future where freight procurement is centered around platforms where companies complement and compete with one another.
14 Dec 2021
The $480 million purchase of the former Port Logistics Group connects seaports more closely to Ryder System’s e-commerce fulfillment network.
22 Nov 2021
Searoutes, a startup focusing on calculation of freight transportation carbon emissions, has raised $2.7 million through venture capital and an environmental grant from the European Union in recent months.
19 Nov 2021
Teamsters rank-and-file members have elected critics of outgoing General President James P. Hoffa to lead the union in a more militant direction.
16 Nov 2021
Third-party logistics providers (3PLs) are diversifying, acquiring and mixing services, as supply chain disruption pushes more shippers toward aggregators of capacity and capabilities.
15 Nov 2021
Maersk’s joint venture with Durban-based forwarder and terminal operator Grindrod — along with other recent purchases and partnerships — could be the start of a splurge of similar deals as a cash-rich Maersk strengthens its global logistics footprint.
09 Nov 2021
Forwarder uptake of application programming interfaces (APIs) has been hindered by data quality issues and a perception that existing EDI infrastructure needs to be discarded, a new report has found.
29 Oct 2021
Shippers distracted by a messy ocean freight environment are not focusing on correcting inaccurate invoices, often due to a reliance on general-purpose tools such as Excel and SharePoint to manage rates and tenders.
Commentary
MTS providers need final-mile strategy to serve demanding shippers