The freight rate marketplace and management software provider's venture capital investment has now topped $50 million as it seeks to digitize the freight rate environment.
The Seattle-based e-commerce giant’s acquisition of SOUQ.com, the largest online retail and marketplace platform in the Arab world, is expected to close some time in 2017.
Future safety gains in the freight transportation industry “are being held back by government red tape that stifles innovation and improvement,” according to a new report from the Competitive Enterprise Institute.
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A study prepared for the Directorate-General for Climate Action found that savings from Flettner rotors and wing sails are seen as comparable.
The A.P. Møller-Maersk Group subsidiary has partnered with Norsepower Oy, The Energy Technologies Institute, and Shell Shipping & Maritime to install and test Flettner rotor sails on a Maersk Tankers' vessel.
Amazon is planning to offer China-based sellers the ability to ship their goods internationally as air cargo, but it is not clear whether the retail giant would be booking airspace via other carriers or flying its own planes.