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The investment comes 10 months after Florida-based Greenscreens.ai raised a seed round, also led by Tiger Global. Founded in 2020, the company focuses on narrowing the pricing advantage that digitally native freight brokers, as well as those that have spent capital developing internal predictive pricing algorithms, have over incumbent brokers.

A slowing U.S. economy and the possibility of a coming freight slowdown has key U.S. intermodal providers turning to aggressive pricing to keep freight on the rails in 2023.

Paired with a weak global economy, Hapag-Lloyd’s CEO Rolf Habben Jansen expects container rates to be in decline for some time

Operations in Miami, Port Everglades, and Jacksonville Terminals are expected to be affected by Tropical Storm Nicole, please expect delays

The US coast guard captain of the miami and port everglades has informed the ports will go into condition zulu as of today nov 8 / 8 pm amid tropical storm Nicole.

Therefore ports will be closed until further notice.

For any inquiries please reach out to the Miami office directly

A seventh rail union has ratified the tentative contract deal brokered by the Biden administration, bringing Class I railroads and unions one step closer to staving off a strike that could shut down the US freight rail system as early as Nov. 19.

The stronger-than-expected increase in trucking jobs last month, including all workers but mostly truck drivers, points to continuing freight demand.

Effective ocean carrier capacity will be decreased by up to 15% between 2023 and 2024, a result of new global fuel efficiency rules, along with slow-steaming and scrapping. The reduction will occur in spite of a continuous increase in newbuilding deliveries,..

Container availability in the USA is tight in the areas of the South Atlantic Coast and Gulf Coast