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Logistics

Vector.ai rebrands to Raft

Vector.ai announced that the company is rebranding under the name Raft. The name change to Raft emphasizes their evolution to a comprehensive operational platform for freight forwarders.Since 2017, when launched as Vector.ai, the company has delivered industry-leading AI to automate document and email processing for freight forwarders. While AI for automated document and email processing remains at the core of the company's technology, the rebrand to Raft points towards the ... [+]

Darktrace announces several new customers

Darktrace, a global leader in cyber security artificial intelligence, announced that several companies in the U.S. transport and logistics sector have adopted Darktrace's AI technology to protect against sophisticated cyber-attacks. U.S. transport and logistics organizations to have recently chosen Darktrace include:• A leading railway company operating ... [+]

Echo Global Logistics Acquires Fastmore Logistics

Echo Global Logistics, Inc. announced their acquisition of Fastmore Logistics, a leading Chicagoland transportation broker. Fastmore's extensive knowledge and core competency in selling domestic non-asset-based transportation services to international freight forwarders is a strong addition to Echo's business. "We're excited to continue investing in industry growth ... [+]

Bahri Logistics to acquire remaining stake in joint venture with Bolloré

Bahri announced that its business unit Bahri Logistics has entered into a sales and purchase agreement with Bolloré Logistics, one of the largest transport and logistics companies in the world, to acquire 40 percent of the share capital of their joint venture, Bahri Bolloré Logistics. Following ... [+]

YSDS Selects Magaya

Magaya Corp. announces that the global logistics solutions provider YSDS has selected Magaya Supply Chain, Magaya Rate Management, Denied Party Screening by Magaya, Courier Connections by Magaya, and Final Mile by Magaya to unify its international offices under a single cloud-based freight management platform and ... [+]

Airhouse in new partnership with SEKO Logistics

Airhouse, a next-generation fulfillment platform that simplifies ecommerce operations and logistics for modern brands, plans to help thousands of direct-to-consumer U.S. brands ‘go global’ by offering simple, cost-efficient cross-border ecommerce operations through a new international partnership with SEKO Logistics.Launched in June 2020, Airhouse offers brands ... [+]

Nippon Express Europe establishes Two New Subsidiaries in Morocco

Nippon Express Europe GmbH has spun off two of its existing business locations in Morocco – the Morocco Branch and the Tanger Med Logistics Center – into subsidiary companies, newly establishing Nippon Express Morocco SARLAU this past July and Nippon Express Morocco Free Zone SARLAU ... [+]

Descartes’ GSC Report Shows 12.4% Decline in Sept. Import Volumes

Descartes released its October Global Shipping Crisis Report, which analyzed the main economic and logistics factors pushing the global shipping crisis and the strategies to address it for the month of September. The report's data, collected by Descartes Datamyne – provider of the world's largest searchable ... [+]

Hazardous Goods Logistics Market to Reach $382.9 Billion by 2031

Allied Market Research reports that the global hazardous goods logistics market generated $200 billion in 2021, and is projected to reach $382.9 billion by 2031, growing at a CAGR of 7% from 2022 to 2031. The report offers a detailed analysis of the top winning ... [+]

New Distribution Facility for RoadOne

Industrial Realty Group, LLC announced an agreement has been executed to develop a state-of-the-art distribution facility in Suffolk near the Port of Virginia. Upon completion, the project will be fully leased to RoadOne IntermodaLogistics, a single source intermodal, distribution, and logistics services company with a ... [+]

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