ZS Fund has acquired Amerijet Holdings, an operator of cargo aircraft under the name Amerijet International, along with logistics services subsidiary ITN Worldwide for an undisclosed sum.
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.
Total cargo throughput at the largest French port fell 3 percent to 39.13 million metric tons in the first six months of 2016 as general cargo volumes remained relatively flat and bulk volumes fell compared with the same 2015 period.
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The freight transportation analyst said its Shippers Conditions Index is at its highest sustained level since 2011, but conditions for shippers should reverse in 2017, as fuel prices increase and regulatory drag tightens capacity.
Chainalytics Vice President of Transportation Kevin Zweier explained that collaborative transportation is a useful strategy, provided shippers put in the homework before and after bid events.
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.