Logistics
Descartes Systems Group has spent about US$220 million on two logistics technology acquisitions in eight days, adding freight brokerage transportation management and 3PL warehouse fulfillment capabilities to its Global Logistics Network.
The company acquired California-based Extensiv for about US$120 million Sept. 1, following its US$100 million acquisition of Tai Software announced Aug. 24. The transactions are Descartes' fifth and fourth acquisitions of 2026, respectively, and its 35th and 34th since 2017.
Tai ...
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United Airlines has introduced a system control preventing regulated dangerous goods shipments from being manifested or loaded unless they successfully complete IATA’s DG AutoCheck process.
The enhancement, deployed globally through United Cargo’s UC360° cargo management system, requires dangerous goods shipments to receive a “PASS” response from ...
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DHL Group reported a 30 percent increase in second-quarter operating profit as higher shipment weights, stronger freight volumes and constrained international airfreight capacity helped lift earnings.
Group revenue increased 13 percent to €22.4 billion from €19.8 billion a year earlier, while operating profit, or EBIT, rose ...
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For more than five months, foreign-flag vessels have been permitted to carry cargo between U.S. ports under an emergency waiver of the Jones Act intended to address an immediate adverse effect on military operations.
The cargoes actually moved under that authority, however, have ranged well beyond ...
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UPS is reorganizing its operating structure around a more globally integrated logistics network as the company shifts its attention from domestic network restructuring toward international, healthcare and supply chain growth.
The changes, effective Sept. 1, follow UPS's completion in June of its Amazon volume reduction and ...
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The U.S. Department of Transportation and Port of Corpus Christi have signed an agreement to explore small modular reactor technology for maritime applications, making Corpus Christi the second major U.S. port to join the Maritime Administration's developing nuclear maritime initiative.
Under a memorandum of cooperation signed ...
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Descartes Systems Group has acquired freight brokerage technology provider Tai Software for about US$100 million, expanding its transportation management capabilities and adding shipment and carrier execution data to its Global Logistics Network.
California-based Tai provides an AI-enabled transportation management system for freight brokers covering truckload, less-than-truckload, ...
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AAL Shipping has completed a 12,000-freight-ton shipment of heavy power generation equipment from Asia to Houston for a major U.S. natural gas power development.
The project cargo movement comprised 195 individual units transported aboard the 31,000-deadweight-ton AAL Kobe, one of AAL Shipping's A-Class multipurpose heavy-lift vessels.
The ...
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Kawasaki Kisen Kaisha Ltd. (“K” Line) has signed agreements with Nihon Shipyard Co. Ltd. for construction of three very large crude carriers designed for Middle East-Asia crude trades.
The 311,000-deadweight-ton vessels will be built to Malaccamax dimensions, allowing them to efficiently transit the Strait of Malacca ...
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The Trump administration has extended its Jones Act waiver for another 90 days, continuing to allow foreign-flag vessels to move certain cargoes between U.S. ports as the government seeks to ease energy supply pressures stemming from disruptions in the Middle East.
The latest extension took effect ...
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