Global professional services company Accenture will acquire the corporate advisory and aviation consulting business of Seabury Group.
Chaos in the ocean shipping industry has led to a winter of shippers’ discontent as freight transportation managers scramble to determine how carriers will meet their transportation requirements after several carrier mergers and acquisitions took place.
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Danish shipping company Maersk Line and Chinese e-commerce marketplace Alibaba teamed up to provide sellers direct bookings with the container line, marking another development in the rapidly changing ocean freight procurement space.
Japan's three largest ocean carriers said Monday in Tokyo they will merge their container operations in mid-2017 to form what would be the sixth largest line, continuing a recent trend of industry consolidation.
The logistics industry should heed past innovators as it grapples with Amazon and Alibaba's clear desire to take greater control of their logistics processes, according to CoLoadX founder Fauad Shariff.