Is your website ready for automated shipping portals?

Many of us started our careers in freight forwarding learning how to use the Telex machine to send alerts to destination cities, requiring the typing of shipment information into an awkward device that produced a yellow tape that ultimately transmitted the data. The process was tedious by today’s standards, but when it was combined with […]

Freightos: Changing market dynamics online will upend air cargo

MIAMI -- Key business functions are turning into commodities, “where it basically does not matter to the shipper who is selling, as the product is so interchangeable,” said Phillip von Mecklenburg-Blumenthal, head of U.S. operations for Freightos at yesterday’s ELEVATE 2016 presentation. “Think of milk or gas in your daily life,” he suggested. As a […]

Logistics startup Fleet raises US$4 million in seed funding

Fleet, described as an “online marketplace for international logistics,” has raised US$4 million in a seed funding round, led by Hunt Technology Ventures, LP. Designed as an online platform from which freight forwarders can showcase their services, Fleet enables potential customers to connect with forwarders and offers them sales and marketing assistance. Fleet also offers […]

Profits improve for K+N on strength of airfreight

Like its fellow Swiss-based rival Panalpina, freight forwarder Kuehne + Nagel ended up with a tidy profit at the end of 2015, in spite of a stagnant cargo market. But unlike Panalpina, which saw a 2.5 percent decline in air cargo volume, K+N’s success came largely from a 4.7 percent increase in airfreight demand top […]