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Freight Forwarding/Customs Brokerage: Page 4
'Lack of Trust' a Significant Barrier for Online Shoppers Ordering Across Borders
Over 90% of U.S. and U.K. online shoppers said they're concerned about a host of factors that come with buying from a seller in a different country.
Digital Freight Company Transfix Sells Brokerage Business
The sale will include the addition of 15,000 carriers for NFI Industries, while Transfix says it will keep just over 100 of its roughly 350 employees.
'Organized Crime at its Finest': Huge Rise in Cargo Thefts Continues
Overhaul tracked a 9% year-over-year increase in cargo thefts in the U.S. in 2023, and expects that number to skyrocket to 35% by the end of 2024.
Container Service at Port of Portland Saved Following Threat of Shutdown
Ending container service at the Port of Portland would have made Oregon the only coastal state in the U.S. without a container terminal.
U.K. Freight Forwarding Trio Buys Forward Solutions
The companies established a joint venture holding company, Forward Computers Alliance Limited, to facilitate the acquisition from the Freight Software Group.
Investors Vote Down Plan to Unseat Norfolk Southern CEO
Ancora had sought to switch Norfolk Southern to a leaner operating model that would have cut back on the number of workers, locomotives, and railcars at the railroad.
AIT Worldwide Logistics acquires Global Transport Solutions Group
AIT says the acquisition of European-based marine spare parts logistics specialist with more than 600 teammates in 11 countries is its most significant to date.
Start-Up CDL 1000 Acquiring Competitor Next Trucking
CDL 1000 founder Andrew Sobko said that this acquisition, as well as the company’s purchase of Hickory Transportation Services in November, will allow the organization to expand its services nationwide.
Human-in-the-Loop AI Transforms Freight Forwarding
By embracing HITL AI freight forwarders reach a new plateau of efficiency, resource optimization, accuracy, and the ability to perform tasks faster and with more precision.
India Truckers Strike Threatens Food, Fuel, Goods Supplies
The truckers launched the strike January 1 in protest against the newly enacted criminal law which extends the jail term for hit-and-run cases to a maximum of 10 years.
Maersk Breaks Ground on Atlanta-Based Air Cargo Hub
The new location offers direct planeside recovery, immediate unit load device (ULD) transfers to the facility and reduced processing fees.
Loadsmart Introduces A.I. to Its Freight Management Platform
The new feature enables shippers to interact with the ShipperGuide platform “as if they were talking to colleagues,” according to a statement from Loadsmart.
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