Union Pacific has ejected Canadian Pacific from a shared pool of rail-owned domestic containers, a move likely related to the pending CP-Kansas City Southern merger that could take business away from UP.
09 Jun 2022
Freight management software provider Cargobase is expanding into Mexico to tap into cross-border, near-shoring, and Latin American market opportunities for its procurement and execution tools.
24 May 2022
Nowports has landed a cash infusion from logistics technology investor SoftBank to expand its reach in the LatAm market, as investment in the so-called digital forwarding model shows no signs of slowing.
09 Mar 2022
Canadian Pacific Railway and Kansas City Southern have run their first-ever Mexico to US Midwest international intermodal train together as the US Surface Transportation Board reviews the merger of the two railroads.
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.
17 Dec 2021
A $60 million funding round into LatAm forwarder Nowports continues a trend of late-2021 cash infusions into early-stage logistics startups by big-name investors, including Tiger Global and SoftBank.
13 Dec 2021
Venture capital firms have boosted the coffers of two startups aiming to empower the domestic and cross-border trucking industry in Mexico as investment into logistics technology providers continues.
10 Nov 2021
Desire for “one-stop shopping” leads to the consolidation of Transport America and MCT with long-haul truckload carrier CFI to create a broader — not just bigger — trucking company.
10 Nov 2021
project44 is continuing its venture capital-fueled offensive to build a global, multimodal footprint by expanding in the Latin American market, where it currently has a limited footprint.
05 Oct 2021
A Chicago-based trucking platform focused on cross-border freight has launched a contract board for small carriers to find repetitive, complementary loads from large shippers.
15 Sep 2021
Canadian National has bowed out of its pursuit of Kansas City Southern, two weeks after US regulators threw up a major roadblock to a proposed deal, clearing the way for Canadian Pacific to apply for regulatory approval for its deal with the US-Mexico railroad.
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