China’s bid to join trade pact raises alarms, US lawmaker says
China’s efforts to join a regional trade deal that originally aimed to exclude Beijing “should set off alarm bells” in Washington, where a growing number…
Alibaba alum becomes billionaire with IPO for China startup
Former Alibaba Group Holding Ltd. employee Zhang Hui is the latest Chinese entrepreneur to join the ranks of billionaires after his Uber-like trucking startup went…
China’s Full Truck climbs in debut after $1.6 billion IPO
Full Truck Alliance Co., an Uber-like trucking startup, rose 13% in its trading debut after raising $1.6 billion in one of the year’s biggest U.S.…
Airlines count on Zoom fatigue to revive business travel
After more than a year stuck on video calls, company executives are ready to hit the skies and meet customers face to face again, fueling…
Alpine Investors’ ASG acquires Trucker Tools, the trucking industry’s most popular driver app
ASG, a portfolio company of Alpine Investors that buys and builds vertical SaaS companies, today announced that it has acquired Trucker Tools, the market leading…
CBRE: US will need 330M Sq. Ft. of additional distribution space by 2025 to meet robust e-commerce demand
With e-commerce penetration expected to grow to 26 percent of all retail sales by 2025, the U.S. will need an additional 330 million sq. ft.…
Makita order marks Japanese debut for ABB’s A255-L turbocharger
Japanese engine builder Makita has selected ABB’s latest low-speed turbochargers for an engine being built for a chemical tanker, marking the first time that a…
China ports container volume rises 15.2% From January to May 2021, Ningbo Containerized Freight Index rises in June
From January to May 2021, the cargo volume of China ports was 6282.1million tons, a year-on-year increase of 15.2%; the container throughput of China ports…
MOL starts research and development on large-scale liquefied CO2 Carrier
Mitsui O.S.K. Lines, Ltd. today announced that the company will launch research and development (R&D) on adoption of a large-scale liquefied carbon dioxide (CO2) carrier…
Cass Information Systems launches Cass FreightClaim360, a freight claims application for carriers
Cass FreightClaim360™ automates freight claims management, improves customer service, and boosts the carrier’s bottom line. • Most carriers use manual processes or dated, home-built solutions…
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