Shipping

Freight transport is the physical process of transporting commodities and merchandise goods and cargo. The term shipping originally referred to transport by sea but in American English, it has been extended to refer to transport by land or air as well.

Source: en.wikipedia.org

Flexport Reportedly Plans to Lay Off 20% of Staff
Flexport Reportedly Plans to Lay Off 20% of Staff
January 28, 2024  |  Supply Chain

Supply chain logistics company Flexport is reportedly embarking on another sweeping round of job cuts. The firm plans to cut almost 20% of its staff — about 500...

READ MORE >
World Bank’s Gloomy Outlook Could Be Countered by Industrial Transformations 
World Bank’s Gloomy Outlook Could Be Countered by Industrial Transformations 
January 17, 2024  |  Connected Economy

The World Bank isn’t banking on the world’s economy getting much better.  At least in the near term.  In its semiannual Global Economic Prospects report,...

READ MORE >
Shipping Companies Maersk and Hapag-Lloyd to Create Interconnected Ocean Network
Shipping Companies Maersk and Hapag-Lloyd to Create Interconnected Ocean Network
January 17, 2024  |  Shipping

Global shipping companies Maersk and Hapag-Lloyd have signed an agreement for a long-term operational collaboration. This collaboration, known as the “Gemini Cooperation,” will begin in...

READ MORE >
Freightos Says Digital Platform Adoption Drove 36% Transaction Growth
Freightos Says Digital Platform Adoption Drove 36% Transaction Growth
January 16, 2024  |  Earnings

Freightos, a vendor-neutral booking and payment platform for the international freight industry, reported record transactions for the fourth quarter of 2023. The company recorded 286,900...

READ MORE >
Online Customers’ Shopping Mantra: Faster Shipping, Free Returns
Online Customers’ Shopping Mantra: Faster Shipping, Free Returns
January 15, 2024  |  eCommerce

The appeal of faster services has become an integral component of the modern eCommerce experience, influencing purchasing decisions and shaping customer expectations. With shipping, for...

READ MORE >
Pitney Bowes Takes on Amazon With PackageHub Returns Partnership
Pitney Bowes Takes on Amazon With PackageHub Returns Partnership
January 03, 2024  |  Partnerships

Shipping and mailing company Pitney Bowes launched a returns drop-off network with PackageHub. The network allows for no-cost, “no-box and no-label returns” at nearly 1,000...

READ MORE >
Swift Completes Successful Test of Global Trade Interoperability Solution
Swift Completes Successful Test of Global Trade Interoperability Solution
December 11, 2023  |  Cross Border Commerce

Swift has successfully tested a global trade interoperability solution in collaboration with BNY Mellon, Deutsche Bank and four electronic bills of lading (eBL) platforms. This solution has the...

READ MORE >
Bankrupt Trucking Company Yellow Auctions Off 75% of Properties
Bankrupt Trucking Company Yellow Auctions Off 75% of Properties
December 05, 2023  |  Shipping

Yellow, which was the third-largest carrier in the U.S. trucking industry at the time of its collapse last summer, held a court-supervised bankruptcy auction to...

READ MORE >
Corcentric and Riteload Offer Managed Payments for Carriers and Shippers
Corcentric and Riteload Offer Managed Payments for Carriers and Shippers
November 29, 2023  |  B2B Payments

Procurement and finance solutions firm Corcentric teamed with Riteload, a trucking sector freight matching platform. The partnership is designed to offer managed payments services for...

READ MORE >