Carriers may seek to "turn the table" on shippers who drove hard bargains, but upturn in rates may be short-lived.
Cold chain solutions provider CSafe Global acquired Kalibox, adding over 5,000 square meters of manufacturing in two European locations to CSafe’s current six North American locations that have a combined space of over 20,000 square meters.
The third-party load tracking visibility provider lauded the U.S. Patent and Trade Office's decision to protect its patent against competitors, including FourKites.
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Ten empty containers fell overboard the 14,000-TEU MSC Alexandra after its collision with a tanker in the Singapore Straight Wednesday at around 23:55 local time.
Ocean carrier MSC has started investing in TRAXENS, a French start-up that produces technology for ocean container tracking.
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.