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Truckload volatility prompts fresh investment in pricing startup

Truckload volatility prompts fresh investment in pricing startup

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.

USA LCL Advisory Ports and CFS closures due to storm Nicole

USA LCL Advisory Ports and CFS closures due to storm Nicole

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

Seventh union ratifies tentative US rail agreement

Seventh union ratifies tentative US rail agreement

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.

Projected %15 reduction in ocean capacity by 2024

Projected %15 reduction in ocean capacity by 2024

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,..

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New Mega Ships Deployed in 2023

New Mega Ships Deployed in 2023

THE Alliance members Hapag-Lloyd, Ocean Network Express, HMM, and Yang Ming have finalized their network plans to deploy larger vessels on the Asia-Europe and trans-Atlantic trades in April 2023.

Decline in US for-hire truck tonnage gains speed

Decline in US for-hire truck tonnage gains speed

US for-hire truck tonnage saw its single-largest monthly decrease in November since early 2020 as freight demand, already falling from unsustainable 2021 levels, cooled even faster, according to the American Trucking Association (ATA). The ATA’s For-Hire Truck Tonnage...

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