The TMS provider was acquired by fellow logistics software firm Kewill in April, and the companies are progressing on merging products and organizations, Lean executives said in a briefing.
The U.N. Economic Commission for Europe said China has ratified the TIR Convention, which it says will further streamline cross-border transportation for cargo moving between China and Europe.
Until now, Freightos has focused on helping forwarders quote faster, but since January, the logistics technology provider has been beta testing its China-to-United States marketplace.
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The $46.5 million intermodal hub in Cedar Rapids will cover 75 acres next to the Smith-Dows railyard.
Terminals and carriers rush to clarify how shippers can meet the International Maritime Organization’s requirement scheduled to go into effect tomorrow, in which shippers must provide the verified gross mass of containers before they are loaded on ships.
Container pricing today is more likely to be based on a carrier’s cost of providing the service and the value of a customer’s business, rather than what on what is in the box.