After a successful year of record gross revenues, the global logistics company has earmarked 188 million euros for investment in industrial goods and set its sights on expanding its U.S. footprint.
project44 snares new funding round
The API data connectivity provider for the freight industry gets $35 million to expand across modes and target shippers more directly.
BIS nominee equipped to lead export enforcement
Senate Banking Chairman Mike Crapo supports confirmation of Jeffrey Nadaner to lead Bureau of Industry and Security Office of Export Enforcement and reform of Committee on Foreign Investment.
Port of L.A. volumes recede in March
Container throughput at the Southern California port fell 26.7 percent from the same month a year ago to 577,865 TEUs after a record-setting February.
Information security rough going for STB
The most challenging part of the Surface Transportation Board Reauthorization Act of 2015 has been assuming the administrative and information technology functions previously housed under the DOT, according to STB Vice Chairman Deb Miller.
NWSA container throughput slips after Lunar New Year
Terminals operated by the Northwest Seaport Alliance handled 302,516 TEUs in March, a 9.6 percent decrease from March 2017.
Côte d’Ivoire cashew industry nets World Bank loan
The $200 million loan will help the world’s top exporter of raw cashew nuts boost productivity and quality and directly benefit about 225,000 farmers.
Kotahi taps MercuryGate for TMS
New Zealand’s largest supply chain collaborator says leading-edge technology is essential to put information in customers’ hands.
Agility integrates freight services online
The Dubai-based third-party logistics provider launches an integrated online service that allows shippers to obtain rate quotes and book their ocean and air freight as well as pay for those services and track shipments.
Executive Moves: UPS, Geodis and ECU Worldwide
UPS appoints president of U.S. operations, while Geodis picks vice president of U.S. sales and ECU Worldwide names regional CEO for India, the Mideast and Africa.