HyperTrack secures $25 million in Series A funding to deliver next generation technology for last mile logistics
New funding enables expansion of technology offerings with BuilderX to plan, assign and track orders for last mile logistics across mobile, maps and cloud
Rail traffic for the week ending August 13, 2022
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending August 13, 2022.
Saudi Arabia struggles to hire CEO for second national airline
Saudi Arabia has struggled to recruit a chief executive officer for the new national airline it’s looking to establish amid confusion over the carrier’s strategy,…
For the third consecutive year, DDC FPO ranks on Inc. 5000 annual list
Adding to 2020 and 2021 placements, freight business processing company DDC FPO is pleased to appear on the Inc. 5000 list of America's fastest-growing private…
ZIM reports financial results for the second quarter of 2022
• Recorded Q2 2022 net income of $1.34 billion; continued to deliver very strong operating margins • Reaffirmed 2022 full year guidance: Expect to generate…
Record US oil exports propel supertanker rates to two-year high
Giant supertankers that haul crude oil across the globe are making the most money in more than two years, buoyed by swelling shipments from the…
NYC rail-tunnel project needs more staff to tap billions in aid
Gateway, a more than $12 billion series of tunnel and bridge projects to improve commuter connections between New York and New Jersey, is ramping up…
Port of Hamburg boosts container throughput market share
• Upward trend for container throughput
• Growth in transhipment
• Downturn in bulk cargo handling
• Double-digit growth in conventional cargoes
Business continues to grow as the Port of Virginia processes heavy imports and sets volume record for July
April-through-July, monthly TEU average nears 325,000 units, up 10% vs 2021
US crude exports hit record as Europe preps for Russian ban
US crude exports rose to a record as European refiners rushed to stock up supplies ahead of a ban on Russian imports.
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