Sovereign Speed gears up
The Germany-headquartered logistics provider has diversified into the temperature-controlled transport sector and acquired a high specification multi-temp’ Cool Liner trailer from Krone. Founded in 1998, Sovereign Speed is renowned as a ‘high-speed’ freight mover and... more
Greek and Chinese shipping companies on the rise
Greek and Chinese shipping companies now own 34% of the global fleet's cargo capacity, according to Bimco's chief shipping analyst Niels Rasmussen. Greek shipowners control 19% of the cargo carrying capacity and maintain a high share in the dry bulk, tanker, and gas carrier... more
Nearshoring trend: data reveals truth
The concept of nearshoring suggests that as companies move production closer to consumer markets, average sailing distances for shipped goods would be reduced. According to Sea-Intelligence, for North America, there has been an increase in the average sailing distance for... more
A special advisor for Seaber
Finnish maritime technology company Seaber has appointed a new special advisor, Willem Dijkhuis. He has served as chartering & freight trading executive at Cargill, an agribusiness company based in the USA and one of the country’s biggest private companies. Dijkhuis is... more
Californian haulier changes hands
The USA-headquartered transport company CRST International has acquired Gardner Trucking. Founded in 1989, it is one of California’s largest truckload carriers and a provider of specialised regional truckload services, logistics, drayage and warehouse services for bulk and... more
MightyFly wins USAF contract
MightyFly has been selected by AFWERX, the innovation arm of the USA’s department of the air force, for a SBIR phase II contract worth USD 1.25 million. It focuses on the company’s autonomous load mastering system (alms), to allow its autonomous hybrid eVTOL cargo aircraft to... more
A centralised examination station for Boston Port
Boston Freight Terminals will now serve as a centralised examination station (CES) at the Area Port of Boston, within the control of US Customs and Border Protection (CBP). CES are used by CBP to efficiently perform cargo examinations at multiple facilities within a port of... more
AI and the personal nature of freight forwarding
“Our approach is to use AI to automate the more routine, lower-value tasks, allowing freight forwarders and customs brokers to concentrate on nurturing and enhancing these crucial relationships,” says James Coombes, CEO and co-founder of Raft. He spoke about the role of AI in... more
Project 44 hires chief product officer
Project 44, a global supply chain visibility platform, has added AJ Wilhoit as chief product officer to its leadership team. An industry expert with more than two decades of experience in supply chain technology, Wilhoit has overseen the development of numerous innovations.... more