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

Digital Freight Startup Convoy Closes Down
Digital Freight Startup Convoy Closes Down
October 19, 2023  |  Supply Chain

Digital freight startup Convoy has announced the closure of its business. The Seattle-based trucking startup, which counted Jeff Bezos and Bill Gates among its investors,...

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Flexport Sets 2025 Goal for Profitability, IPO
Flexport Sets 2025 Goal for Profitability, IPO
October 17, 2023  |  Supply Chain

Supply chain logistics company Flexport is undergoing a restructuring process to regain profitability and reshape its business.  Founder Ryan Petersen has set a long timetable for achieving profits, setting...

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Bringg Unveils Last-Mile Delivery Tool ROAD
Bringg Unveils Last-Mile Delivery Tool ROAD
October 10, 2023  |  Delivery

Delivery management platform Bringg has debuted a tool to streamline last-mile delivery. The company’s ROAD offering, announced Tuesday (Oct. 10), is designed to help companies “mitigate the risk of...

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Container Shipping Rates Drop 90% Since Early 2022
Container Shipping Rates Drop 90% Since Early 2022
October 09, 2023  |  Shipping

Container shipping rates have reportedly experienced a significant decline due to a decrease in consumer demand for goods, particularly in the ocean freight industry. This...

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Loop Secures $35 Million to Grow Transportation Logistics Platform
Loop Secures $35 Million to Grow Transportation Logistics Platform
October 03, 2023  |  Investments

Loop, a transportation logistics startup, has secured $35 million in a Series B funding round to grow its modern audit and payment platform for the...

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Holiday Shopping’s Logistical Back End Gets AI Boost
Holiday Shopping’s Logistical Back End Gets AI Boost
September 29, 2023  |  Supply Chain

Summer may feel like yesterday, but already, the holiday season is on the horizon. As it gets closer, buyers, suppliers, shippers and carriers all need...

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Uber Freight Unveils Product Roadmap With AI-Powered Software
Uber Freight Unveils Product Roadmap With AI-Powered Software
September 28, 2023  |  artificial intelligence

Uber Freight has unveiled its product roadmap, incorporating artificial intelligence-powered software to transform the global movement of goods. This announcement follows Uber Freight’s acquisition of...

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EKA Solutions and Verizon Connect Collaborate to Streamline Freight Operations
EKA Solutions and Verizon Connect Collaborate to Streamline Freight Operations
September 25, 2023  |  Shipping

EKA Solutions, a provider of a cloud-based integrated freight management platform, has partnered with Verizon Connect to deliver integrated services to fleet customers.  This collaboration aims...

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FedEx’s Volume Pressures Point to Spending Shifts and Amazon’s Fulfillment Dreams 
FedEx’s Volume Pressures Point to Spending Shifts and Amazon’s Fulfillment Dreams 
September 22, 2023  |  Delivery

Wall Street’s focus on FedEx has been trained on cost cutting, and as we profiled here in the immediate wake of earnings, investors have cheered the...

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