Shipping

Freight transport is the physical process of transporting commodities and merchandise goods and cargo. The term shipping originally referred to transport by sea but in American English, it has been extended to refer to transport by land or air as well.

(source: en.wikipedia.org)

JPMorgan Payments and Loop Team to Monetize Freight Payments
JPMorgan Payments and Loop Team to Monetize Freight Payments
June 18, 2024  |  Partnerships

J.P. Morgan Payments has launched a partnership with audit/payment platform Loop. The collaboration announced Tuesday (June 18), is designed to “boost working capital with freight payments,” the...

READ MORE >
Instant Payments Could Be Incentive to Keep Truckers in Driver’s Seat
Instant Payments Could Be Incentive to Keep Truckers in Driver’s Seat
June 17, 2024  |  Real-Time Payments

If any U.S. consumers are wondering why their packages are late, the answer might be because there simply aren’t enough truck drivers manning 18-wheelers and...

READ MORE >
CargoSense Raises $8 Million to Enhance Supply Chain Automation
CargoSense Raises $8 Million to Enhance Supply Chain Automation
June 12, 2024  |  Investments

Supply chain automation firm CargoSense has raised $8 million in new funding. The Series A round was led by Lanza techVentures and included participation from Merck Global Health Innovation Fund (MGHIF),...

READ MORE >
Denim Gets $63M to Turn Freight Brokers Into ‘Smart’ Brokers Using Payments
Denim Gets $63M to Turn Freight Brokers Into ‘Smart’ Brokers Using Payments
June 10, 2024  |  Payments Innovation

For Bharath Krishnamoorthy, co-founder and CEO of Denim, transforming the freight industry — and specifically how brokers get paid — was not on the roadmap....

READ MORE >
OneRail Expands Omnichannel Fulfillment Solution With Orderbot Acquisition
OneRail Expands Omnichannel Fulfillment Solution With Orderbot Acquisition
June 05, 2024  |  Acquisitions

OneRail has acquired Orderbot, saying the combination creates “a new era of streamlined omnichannel fulfillment.” The deal adds Orderbot’s inventory and order management capabilities to...

READ MORE >
Flexport Expands Trucking Marketplace to Connect Brokers, Carriers
Flexport Expands Trucking Marketplace to Connect Brokers, Carriers
June 03, 2024  |  Shipping

Flexport has expanded its Convoy Platform to connect brokers and carriers. With this artificial intelligence (AI)-powered marketplace, brokers can access thousands of carriers across the...

READ MORE >
80% of Truckers Cite Convenience as Instant Payments Preference
80% of Truckers Cite Convenience as Instant Payments Preference
May 28, 2024  |  Faster Payments

Who doesn’t like getting paid instantly? According to PYMNTS Intelligence data, roughly a third of all U.S. consumers now select instant payouts when they are...

READ MORE >
Freightos’ Growth Underscores Freight Sector’s Digital Embrace
Freightos’ Growth Underscores Freight Sector’s Digital Embrace
May 20, 2024  |  Earnings

For freight-forwarding platforms, the world is their oyster. That’s because the emergence of digital platforms and innovative technologies is profoundly transforming the global logistics and...

READ MORE >
Autonomous Transport Could Drive Trucking Into Digital Transformation’s Fast Lane
Autonomous Transport Could Drive Trucking Into Digital Transformation’s Fast Lane
May 15, 2024  |  Shipping

In America, we move most of our goods by road. This makes trucks and 18-wheelers a crucial, even definitive, part of any supply chain. It...

READ MORE >