Freight forwarder

UK Digital Freight Forwarder Beacon Closes $15 million Series A fundraise, With investment From Jeff Bezos

Monday, June 1, 2020 - 2:00pm

Beacon was founded in 2018 by CEO Fraser Robinson and COO Dmitri Izmailov, both former Uber executives.

Key Points: 
  • Beacon was founded in 2018 by CEO Fraser Robinson and COO Dmitri Izmailov, both former Uber executives.
  • To address this, Beacon offers qualifying customers financing within 72 hours, which also entitles them to shipping discounts.
  • Beacon co-founder and CEO Fraser Robinson said: "Beacon has attracted investment from some of the best minds in business and technology.
  • With digitalisation accelerating globally as a result of COVID-19, we believe the future of the traditional freight forwarder is more precarious than ever.

UK Digital Freight Forwarder Beacon Closes $15 million Series A fundraise, With investment From Jeff Bezos

Monday, June 1, 2020 - 7:00am

Beacon was founded in 2018 by CEO Fraser Robinson and COO Dmitri Izmailov, both former Uber executives.

Key Points: 
  • Beacon was founded in 2018 by CEO Fraser Robinson and COO Dmitri Izmailov, both former Uber executives.
  • To address this, Beacon offers qualifying customers financing within 72 hours, which also entitles them to shipping discounts.
  • Beacon co-founder and CEO Fraser Robinson said: "Beacon has attracted investment from some of the best minds in business and technology.
  • With digitalisation accelerating globally as a result of COVID-19, we believe the future of the traditional freight forwarder is more precarious than ever.

Transportation Management Solutions Provider Neurored Launches Critical Supply Chain Network

Wednesday, May 27, 2020 - 12:00pm

FLEMINGTON, N.J., May 27, 2020 /PRNewswire/ -- Neurored , a global supply chain management (SCM) and transportation management (TMS) solutions provider native to the Salesforce CRM platform, today announced a new digital supply chain network developed to speed the sourcing, production and shipping of critical supplies including COVID-19 personal protective equipment (PPE).

Key Points: 
  • FLEMINGTON, N.J., May 27, 2020 /PRNewswire/ -- Neurored , a global supply chain management (SCM) and transportation management (TMS) solutions provider native to the Salesforce CRM platform, today announced a new digital supply chain network developed to speed the sourcing, production and shipping of critical supplies including COVID-19 personal protective equipment (PPE).
  • The Critical Supply Chain Network , Powered by Neurored, connects manufacturers, sourcing agents and freight forwarders to more quickly supply PPE to healthcare facilities, non-profits, NGOs, government agencies and businesses.
  • Access to the Critical Supply Chain Network is available to qualified new PPE buyers, suppliers and transportation companies through free community user licenses issued by current Neurored SCM and TMS solutions users.
  • The Critical Supply Chain Network, Powered by Neurored, is a new feature of the company's CORE digital supply chain software, which provides manufacturers, freight forwarders, sourcing agents and shippers with a 360-degree view of all supply chain operations.

Alpega’s Freight Exchange, Teleroute, launches an API interface and a new mobile App to help their increasing number of customers work even more efficiently

Tuesday, May 26, 2020 - 10:23am
Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20200526005339/en/
    Teleroute, one of the leading freight exchanges in Europe launched an advanced API interface and a new version of its mobile application.
  • (Photo: Business Wire)
    Today more than ever it is crucial for freight forwarders and transport companies to be able to quickly respond to the increasing demands of their clients.
  • The new API interface is integrated with more than 50 TMS solutions and has no extra cost to Teleroutes customers.
  • It is no surprise that more and more transport companies are struggling to find freight and have to run empty.

Research Report with COVID-19 Forecasts- Airfreight Forwarding Market 2020-2024 | Increasing US Agricultural Export to China to Boost Growth | Technavio

Saturday, May 23, 2020 - 1:30am

Our airfreight forwarding market report covers the following areas:

Key Points: 
  • Our airfreight forwarding market report covers the following areas:
    This study identifies growing e-commerce sector as one of the prime reasons driving the airfreight forwarding market growth during the next few years.
  • We provide a detailed analysis of vendors operating in the airfreight forwarding market, including some of the vendors such as A.P.
  • Backed with competitive intelligence and benchmarking, our research reports on the airfreight forwarding market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
  • Register for a free trial today and gain instant access to 17,000+ market research reports.

Freight Forwarders Mitigate COVID-19 Ocean Shipment Disruptions Using Cloud-based Descartes Solutions

Tuesday, May 12, 2020 - 11:45am

Cargo Services, are improving their responsiveness to interruptions in the transport of ocean cargo due to COVID-19 by using Descartes cloud-based solutions to streamline back office operations, regulatory compliance, security filings, and global trade flow analysis.

Key Points: 
  • Cargo Services, are improving their responsiveness to interruptions in the transport of ocean cargo due to COVID-19 by using Descartes cloud-based solutions to streamline back office operations, regulatory compliance, security filings, and global trade flow analysis.
  • Descartes provides forwarders with a comprehensive suite of cloud-based back office, regulatory compliance and global trade solutions.
  • These solutions help forwarders operate effectively in a distributed environment, streamline operations, and meet security and declaration filing requirements.
  • Descartes global trade intelligence solutions give forwarders a detailed view of worldwide shipping flows to understand customer and market activity to support sales efforts.

MercuryGate Named a Challenger in Gartner’s 2020 Magic Quadrant for Transportation Management System

Monday, April 27, 2020 - 2:00pm

MercuryGate International, Inc. , (MercuryGate) the largest and rapidly growing independent transportation management system (TMS) provider, today announced it has been recognized as a Challenger in Gartners March 2020 Magic Quadrant for Transportation Management Systems (TMS).

Key Points: 
  • MercuryGate International, Inc. , (MercuryGate) the largest and rapidly growing independent transportation management system (TMS) provider, today announced it has been recognized as a Challenger in Gartners March 2020 Magic Quadrant for Transportation Management Systems (TMS).
  • MercuryGate has been recognized in every Magic Quadrant for TMS that has published since 2009.
  • Gartner's Magic Quadrant for TMS report positions vendors within a quadrant based on their completeness of vision and ability to execute.
  • MercuryGate provides powerful transportation management solutions proven to be a competitive advantage for todays most successful shippers, 3PLs, freight forwarders, brokers, and carriers.

Delmar International and Air Canada are Delivering Urgently Needed Protective Equipment to Canadian Health Care Workers

Monday, April 20, 2020 - 2:00pm

These ongoing efforts are being accomplished with the close collaboration and support of Delmar's global clients and our Canadian national airline partners at Air Canada.

Key Points: 
  • These ongoing efforts are being accomplished with the close collaboration and support of Delmar's global clients and our Canadian national airline partners at Air Canada.
  • The suspension of passenger flights globally has resulted in a significant reduction of airfreight capacity, posing a massive challenge in the timely delivery of protective equipment.
  • "Delmar was amongst the first Canadian freight forwarders to sign charter agreements and to deploy our reconfigured passenger aircraft for International cargo.
  • Air Canada has been working tirelessly to supply uplift capacity for the Canadian market, and we will continue to move PPE into Canada, as long as it is needed."

The Firmament Group invests in intermodal TMS software Compcare Services

Tuesday, March 3, 2020 - 2:43pm

NEW YORK, March 3, 2020 /PRNewswire/ --The Firmament Group ("Firmament"), a leading provider of tailored debt and equity capital solutions to small- and medium-sized enterprises (SMEs), announced today an investment in Compcare Services, LLC ("Compcare" or the "Company").

Key Points: 
  • NEW YORK, March 3, 2020 /PRNewswire/ --The Firmament Group ("Firmament"), a leading provider of tailored debt and equity capital solutions to small- and medium-sized enterprises (SMEs), announced today an investment in Compcare Services, LLC ("Compcare" or the "Company").
  • Compcare is a provider of cloud-based transportation management systems and mobile applications for intermodal transportation providers, including drayage carriers, third-party logistics companies, and global freight forwarders.
  • Compcare CEO Jim Hickman commented on the transaction, "We are beyond excited to partner with The Firmament Group.
  • Headquartered in Long Beach, CA, Compcare provides mission-critical cloud-based transportation management system ("TMS") enterprise software and mobile applications to the intermodal transportation industry, with a core focus on the drayage trucking niche.

Flexport Launches Trade Advisory

Wednesday, February 26, 2020 - 2:10pm

SAN FRANCISCO, Feb. 26, 2020 /PRNewswire/ -- Flexport , the modern freight forwarder, today announced the launch of Trade Advisory , a service to help its U.S. clients identify cost saving opportunities, explore tariff mitigation strategies, minimize operational risk, and implement best practices for trade compliance amid unprecedented global complexity.

Key Points: 
  • SAN FRANCISCO, Feb. 26, 2020 /PRNewswire/ -- Flexport , the modern freight forwarder, today announced the launch of Trade Advisory , a service to help its U.S. clients identify cost saving opportunities, explore tariff mitigation strategies, minimize operational risk, and implement best practices for trade compliance amid unprecedented global complexity.
  • Where most traditional trade law and consulting firms specialize in reactive guidance, Flexport Trade Advisory provides proactive, tailored solutions based on SKU-level data analysis powered by the Flexport Platform.
  • Because Flexport clients use the Platform to manage and track the shipment of their goods, Trade Advisory experts can examine supply chains down to the SKU-level and deliver data-powered analysis and recommendations.
  • Flexport offers a full range of services, including ocean, air, truck and rail freight, drayage and cartage, warehousing, customs and trade advisory, financing, and insurance.