In some ways, FedEx is a bellwether of global trade and logistics. After all, global growth, inflation, fuel costs, interest rates, supply chain disruptions and competition are all elements that affect FedEx’s revenue, margins and strategic investments. They also each represent things all businesses need...
Transportation management system Tai Software has launched a partnership with freight-factoring firm Denim. The “two-way digital integration,” announced Monday (Sept. 16), allows users to send important job information from Tai to Denim with a single click, with load details created as jobs within Denim’s portal to eliminate duplicative data entry....
The freight market makes the world’s trade and commerce go ’round. And, if the Monday (Aug. 19) second-quarter 2024 earnings call from freight booking and payment platform Freightos is any indication, digital transformation is increasingly what makes the freight market itself move. The company hit...
The transportation industry is a high-speed world of logistics and delivery, where efficiency and speed are paramount. Yet, the methods by which many transportation businesses conduct financial transactions are not moving at the same pace. A recent PYMNTS Intelligence report, “Moving Faster Than Ever: Real-Time...
September 19, 2024
In some ways, FedEx is a bellwether of global trade and logistics. After all, global growth, inflation, fuel costs, interest rates, supply chain disruptions and competition are all elements that affect FedEx’s revenue, margins and strategic investments. They also each represent things all businesses need to watch out for. And as the company’s Thursday (Sept. […]
August 19, 2024
The transportation industry is a high-speed world of logistics and delivery, where efficiency and speed are paramount. Yet, the methods by which many transportation businesses conduct financial transactions are not...
June 10, 2024
For Bharath Krishnamoorthy, co-founder and CEO of Denim, transforming the freight industry — and specifically how brokers get paid — was not on the roadmap. A decade ago, when he...
December 15, 2022
The great digital shift demands that trucking-transport firms update and modernize their accounts payable processes. Simply put, the paper-based and manual AP processes that have been stubbornly entrenched in transport...
October 10, 2024
Mastercard is rolling out new embedded payments technology for the freight, shipping and logistics sectors. The rollout, announced Thursday (Oct. 10), is focused on the U.K. and Europe, and happening in partnership with Pairpoint, Vodafone and Sumitomo Corporation’s Economy of Things business. The new collaboration and payments service lets fleet, freight, shipping and logistics operators […]
September 16, 2024
Transportation management system Tai Software has launched a partnership with freight-factoring firm Denim. The “two-way digital integration,” announced Monday (Sept. 16), allows users to send important job information from Tai to Denim with a single...
June 03, 2024
Flexport has expanded its Convoy Platform to connect brokers and carriers. With this artificial intelligence (AI)-powered marketplace, brokers can access thousands of carriers across the country, Flexport said in a...
March 06, 2024
Business payments company FLEETCOR Technologies has closed a majority investment in Brazilian vehicle payments company Zapay. This investment further scales FLEETCOR’s Vehicle Payments business in Brazil, providing access to Zapay’s 2 million monthly...
