Former Amazon.com Consumer CEO Dave Clark said on Tuesday his new software supply chain management startup Auger has raised over $100 million in private equity funding from Oak HC/FT and others.Auger will provide a software-as-a-service platform…
DSV has announced its biggest transaction to date: the acquisition of Schenker from Deutsche Bahn.The value of the acquisition is EUR 14.3 billion ($15.9 billion).DSV says it will strengthen its global network, expertise and competitiveness…
Wallenius Wilhelmsen’s expanded Brunswick, Ga., port facility is now home to Develon and Hyundai Construction’s North American Customization Plant (NACUP), following the move from Savannah, Ga.The move from Savannah to Brunswick allows the NACUP to increase in size by more than 50%…
Western Group, a logistics provider connecting global trade to Canada's marine, rail, and road transportation corridors, announced that it has rebranded under the SSA Marine name.Since 2006, Western Group has been part of the Carrix family of companies and has worked closely with SSA Marine…
US freight forwarder C.H. Robinson said on Monday it was diverting some of its U.S. customers' ocean cargo away from Canadian ports as the threat of a rail strike looms.It said roughly 80% of its customers who had switched are now exporting…
Attacks on vessels in the Red Sea by Iran-aligned Houthi militants have disrupted a shipping route vital to east-west trade, with prolonged rerouting of shipments pushing freight rates higher and causing congestion in Asian and European ports…
Crowley named Walter Tague as vice president of sales and supply for its Crowley Fuels businesses unit, which services energy logistics needs throughout Alaska. With more than 30 years of maritime industry experience specializing in supply chain management and support in the oil and gas sectors…
APM Terminals Suape, Brazil, reports it has completed the purchase of 28 pieces of all-electric container handling equipment from SANY. The equipment has been specifically customized for the new terminal and features state-of-the-art technology with a high level of efficiency and safety…
The Port of Los Angeles’ Port Optimizer™ technology data portal will receive a series of major enhancements, thanks to an $8 million grant from the California Governor’s Office of Business and Economic Development (GO-Biz).The award was the…
Due to rising temperatures, droughts, floods and other climatic events, the logistics sector is requiring greater attention and adaptation from companies around the world. The potential for interruptions in the supply chain is sizeable and has become one of the sector's biggest concerns…
Shell inaugurated on June 17, 2024, its first self-developed megawatt charger for dual use by both electric trucks and shipping vessels at the Energy Transition Campus Amsterdam (ETCA). The capacity of the megawatt charger corresponds to about three 350 kW…
Global supply chains are braced for further disruption and increasing costs after US President Joe Biden announced new tariffs on Chinese imports on Tuesday.The tariffs will be imposed on a wide range of Chinese imports including semi-conductors…
DP World on Monday announced it has completed its acquisition of Savan Logistics, which operates the Savannakhet dry port in the Savannakhet Special Economic Zone (SEZ) in Laos, the first SEZ in the country. Savan Logistics has been operating the dry port since 2016…
State, city and Port of Long Beach officials Thursday joined Toyota Motor North America and FuelCell Energy to celebrate the grand opening of the first-of-its-kind “Tri-gen” system to generate renewable hydrogen, electricity and water to support…