FleetOps raises $6MM from Inspired Capital and Resolute Ventures to bring its platform & applied AI solution to brokerages globally
FleetOps, the data-driven freight marketplace, has raised a seed funding round of $6MM to further deploy its industry-changing technology and proprietary dataset to brokerages around…
Cargo airline cashing in on junk-bond boom for owner payout
At a little-known cargo airline that handles shipments for United Parcel Service Inc. and Amazon.com Inc., business is booming.
Alpenglow Rail and CC&L Infrastructure expand rail portfolio with acquisition of USA Rail Terminals
Investment adds two strategic railcar storage, transloading and switching terminals in the Gulf Coast.
dship Carriers appoints new commercial agent in the UK
dship Carriers is continuing its global expansion program and has appointed SPS London Ltd as the company’s new commercial agent in the UK.
MSC responds to explosion at port warehouse in Beirut
Following the 4 August Beirut port warehouse explosion MSC Mediterranean Shipping Company is following the situation closely, in close contact with local management in the…
CMA CGM Group expresses deepest emotion and solidarity towards its on-site staff and all of the Lebanese people
The CMA CGM Group is extremely saddened by the terrible accidents that occurred in Beirut on Tuesday, August 4th. We would like to express our…
Air cargo continued its ‘gradual but consistent recovery’ in July
Global air cargo volumes continued to show a ‘gradual but consistent’ month-on-month recovery in July, increasing by 8% over June, according to the latest air…
Canada’s trade gap widens sharply on surge in auto imports
Canadian trade with the rest of the world surged in June as the global economy rebounded from Covid-19 lockdowns.
US trade gap narrows as autos spur record exports increase
The deficit in U.S. trade of goods and services narrowed in June for the first time since February as exports jumped, though shipments remained well…
Virgin Atlantic faces crunch vote to save restructuring plan
Richard Branson’s Virgin Atlantic Airways Ltd. faces a crunch vote in less than three weeks to determine whether a hard-won 1.2 billion-pound ($1.6 billion) rescue…
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