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Freightos raises $44m to fund expansion
Online freight rate portal Freightos has raised $44m to fund expansion of its business with new operations and new capabilities.
The Series C funding round was led by the Singapore Exchange (SGX)…
Paperless System Extremely Beneficial —Freight Forwarders
Ghana Institute of Freight Forwarders has lauded government’s decision to rollout the paperless clearing system.
The move to introduce the system at the ports followed a directive from the vice…
New Uber Freight offering focuses on increasing fleet productivity
The company added that over the last year that it has been dedicated to developing tools and services focused on helping owner-operators and small carriers run their businesses through things like…
DHL and IBM report cites benefits and potential of AI in logistics
The advent of Artificial Intelligence (AI) technology has been making inroads over the years in various sectors. But a joint report issued this week by global express and logistics services provider…
A focus on price, not value, causes freight rate portals and ‘digital forwarders’ to struggle
At some point San Francisco-based Shyp claimed a valuation of $250m; at the end of March the portal that had started out offering a simple worldwide shipping solution to small merchants ended its…
UPS CIO: Use tech disruption to better serve customers
Logistics professionals heard about supply chain priorities and technology from one of their peers at Monday’s keynote at MODEX in Atlanta, when Juan Perez, CIO and chief engineering officer for UPS,…
How Blockchain Will Transform The Supply Chain And Logistics Industry
Managing today’s supply chains—all the links to creating and distributing goods—is extraordinarily complex. Depending on the product, the supply chain can span over hundreds of stages, multiple…
HOW ROBOTICS AND DRONES WILL DISRUPT LOGISTICS
There’s a ton of innovation happening right now in the field of logistics. In particular, robotics and drone technology are both poised to start a revolution in the retail world. Workers need to…
Six Disruptive Forces Shaping the Future of Logistics: Force 4 – Importance of Data Security in the GDPR Era
Data. The very thing that lubricates the supply chain, especially in logistics and transportation, may cause the greatest security threat to the process it is enhancing. Data security issues in…
Is your transport and logistics business GDPR prepared?
As technology develops, an increasing volume of data is held across all areas of the road transport and logistics industry. Drivers, in particular, generate a huge amount of personal data from a…