Digital freight forwarder Zencargo raises US$4 million

London-based digital freight forwarder Zencargo today announced the completion of its “seed plus” round of funding, led by LocalGlobe, with participation from Samos Investments and Picus Capital, bringing total funds raised to more than US$4 million for the startup. Zencargo said the money will go toward accelerating its product development process and expand its presence […]
  • Nina Chamlou
  • September 24, 2018

Freightalia to use CargoX’s ‘Smart B/L’ blockchain platform

Online quote management system Freightalia has signed a partnership agreement with tech startup CargoX for use of its blockchain-based electronic bill of lading (B/L) product, which completed its first ever Smart B/L mission during a trial shipment from Shanghai to Koper, Slovenia, last month. CargoX has been developing and testing its Smart B/L platform since […]
  • Nina Chamlou
  • September 24, 2018

Lufthansa Cargo uses world’s first ‘e-DGD’ form via INFr8

Lufthansa Cargo is taking on the leader-of-the-pack role in the digitalization of dangerous goods shipments by being the first carrier in the industry to use IATA’s electronic dangerous goods declaration (e-DGD) form, using the digital service called INFr8. Platforms like INFr8 create and send eDGDs electronically, digitalizing the traditionally paper-based process of ensuring that information […]
  • Nina Chamlou
  • September 20, 2018

Freightos raises $44.4 million with SGX group

Hong Kong-headquartered online cargo marketplace Freightos has raised $44.4 million in a funding round led by investment company Singapore Exchange (SGX), bring its fundraising revenues at $94.4 million to date. Freightos’ online marketplace has evolved since the company’s launch as an online freight shipment price comparison tool in 2016, With over 1,200 logistics companies using its […]
  • Nina Chamlou
  • September 18, 2018

Team Worldwide joins blockchain group BiTA

Texas-based 3PL Team Worldwide joined the Blockchain in Transport Alliance (BiTA) – the organization of logistics companies that aims to develop blockchain standards and technology for the cargo community. The CEO and President of Team Worldwide, Jason Brunson, said, “Prioritization of technology is required to remain successful in today’s marketplace,” echoing the industry’s sentiment that […]
  • Nina Chamlou
  • September 17, 2018

Lufthansa’s time:matters buys German customs brokerage

Time-critical logistics firm time:matters has purchased Germany-based CB Customs Broker GmbH and Customs Broker Cargo Handling GmbH yesterday in a move to help speed up cross-border transactions. For now, both customs brokerages and time:matters will continue to operate as neutral partners, a company release said, offering services such as customs clearance and air cargo handling, […]
  • Randy Woods
  • September 14, 2018

Dachser expands relationship with cargo.one

Logistics firm Dachser and Berlin-based software-as-as-service (SaaS) provider cargo.one are expanding their partnership to enable Dachser’s airfreight employees to search for, compare, book and confirm cargo capacity across multiple airlines. Online platforms like cargo.one digitalize the traditionally e-mail- and telephone-based process of booking airfreight capacity, enabling forwarders to receive immediate booking confirmation. “Some solutions promise […]
  • Nina Chamlou
  • September 11, 2018

The World of E-Commerce: Taking advantage of retail’s online revolution

Buzzword or not, the “e-commerce revolution” has reshaped not only the air cargo logistics chain but the overall retail market, on a global scale. With the rise of e-commerce giants such as Amazon in the United States, and Alibaba and JD.com in China, the need for e-commerce shipments to move across the globe in only […]
  • Staff Reports
  • September 10, 2018

SEKO Logistics acquires majority stake in Omni-Channel Logistics

Yesterday, Illinois based SEKO Logistics acquired a majority stake in its partner of five years, Australia-based Omni-Channel Logistics, which offers global fulfillment and delivery management solutions for retail and e-commerce shippers. Omni-Channel Logistics was established in 2013 to help small and medium-sized enterprises (SMEs) and major brands in Australia and New Zealand reach cross-border e-commerce […]
  • Nina Chamlou
  • September 7, 2018

Fashion Forward: How the promise of A.I. will disrupt the apparel industry

Picture this. You receive a calendar notification on your phone. It’s that networking event you RSVP’d to a few months back. Crap, it’s next week, you think to yourself. You had envisioned shaking hands with your future contacts while wearing a sharp blazer and a fresh pair of slacks and your old standby ensemble, which […]
  • Nina Chamlou
  • September 6, 2018

Flytrex drone service tees off at U.S. golf course [VIDEO]

Carrying an order of burgers and fries to hungry golfers is not exactly the same as landing a loaded FedEx freighter. But for drone logistics company Flytrex, it’s another milestone in the advancement in last-mile delivery, despite the severe regulatory restrictions still in place. In partnership with unmanned aerial vehicle (UAV) firm, EASE Drones, Flytrex today […]
  • Randy Woods
  • September 5, 2018

CHAMP’s Emanuel Hille on operational headaches ACAS may bring

After years of discussion and delays, the Air Cargo Advanced Screening (ACAS) program was finally launched in June, requiring carriers entering the United States to provide all information about the cargo – including the air waybill number, shipper and consignee names and addresses, a description of the cargo, quantity and weight – to U.S. Customs […]
  • Randy Woods
  • September 5, 2018

Keeping Track & Trace: High-tech tools bring supply-chain transparency

For cargo shipments, it may seem like keeping track of them in real time or tracing their journey, back to their origins, would be a simple proposition. We’ve had radio-frequency identification (RFID) and global positioning satellite (GPS) technology for decades, yet the tiny space within the fuselage of a freighter or the apron of a […]
  • Randy Woods
  • September 4, 2018

Industry consensus: A.I. has greater short-term ROI than blockchain

A study from the supply chain and logistics intelligence organization eyefortransport (EFT) shows that industry professionals perceive artificial intelligence (A.I.) as a better investment than blockchain. When asked to choose among the options of A.I., robotic process automation (RPA), internet of things (IoT) or blockchain, A.I. was the most popular choice among respondents – 33 […]
  • Nina Chamlou
  • August 29, 2018
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