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Traditionally speaking, a freight forwarder is a company that receives and ships goods on behalf of other companies. The official U.S. definition of the term "freight forwarder" is a "person ...
Allstates WorldCargo announced Thursday that it has acquired fellow freight forwarder Saturn Freight Systems for an undisclosed sum. Marietta, Georgia-based Saturn Freight Systems specializes in ...
If you've found this story, know that you're not the first carrier to have found yourself unpaid for loads hauled for a broker or freight forwarder that has gone broke or, in other cases ...
FreightHub, the European digital freight forwarder, has raised $30 million in Series B financing. Leading the round is Rider Global — a venture fund said to be founded by logistics experts ...
Consolidation, transportation and and insurance of the freight is the responsibility of the forwarder. They also book cargo space and negotiate rates for transport. The main difference between ...
a move that would expand the freight forwarder’s push into the domestic U.S. trucking market as the company seeks to climb back into profitability, according to a person familiar with the talks.
The freight forwarder's list of secured creditors includes North Mill Credit Trust of Mill Valley, California, which owed nearly $87,000 for a 2020 Freightliner, and the U.S. Small Business ...
April 23 (Reuters) - Swiss freight forwarder Kuehne+Nagel (KNIN.S), opens new tab reported a 39% drop in quarterly operating profit but beat market expectations on Tuesday, aided by cost cutting ...
Flexport, the tech-focused freight forwarder that launched more than a decade ago, is extending its timeline to reach profitability. Ryan Petersen, the privately held company’s founder and chief ...
FreightHub, a Berlin and Hamburg-based startup that claims to be Europe’s first fully digital freight forwarder, has raised a $20 million Series A round, just 1.5 years since launch.The round is ...
The e-commerce company's Chinese affiliate, Amazon China, has registered with the U.S. Federal Maritime Commission to become a licensed ocean freight forwarder. The filing was spotted Wednesday ...
Shipping carriers come in two flavors, says FedEx: freight forwarders and integrators. The forwarder is a third-party agent (or 3PL), often without shipping and transportation assets, operating on ...
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