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)

Uber Freight Unveils Scheduling API as Industry Standards Shift
Uber Freight Unveils Scheduling API as Industry Standards Shift
February 05, 2024  |  Shipping

Logistics provider Uber Freight has developed a new scheduling application programming interface (API). The new tool marks the first activation of the Scheduling Standards Consortium’s (SSC) Technical Standard for...

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UPS Volume Pressures Point to Amazon’s Success With Ecosystem Buildout
UPS Volume Pressures Point to Amazon’s Success With Ecosystem Buildout
February 01, 2024  |  Shipping

The pressures confronting UPS may point to wider seismic shifts with eCommerce and the last mile. As the shipping giant gears up for a restructuring and layoffs,...

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UPS Package Volume Drops 7.4% in ‘Difficult and Disappointing’ 2023
UPS Package Volume Drops 7.4% in ‘Difficult and Disappointing’ 2023
January 30, 2024  |  Earnings

UPS is cutting jobs and considering selling one of its businesses as shipping volumes decline. The shipping giant will eliminate 12,000 positions — chiefly full-time and part-time...

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Logistics Startups Slash Jobs as Freight Volumes Drop
Logistics Startups Slash Jobs as Freight Volumes Drop
January 29, 2024  |  Transportation

Last year saw a surge in layoffs in the logistics sector as freight volumes declined. So far, 2024 isn’t shaping up to be much better for the...

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Flexport Reportedly Plans to Lay Off 20% of Staff
Flexport Reportedly Plans to Lay Off 20% of Staff
January 28, 2024  |  Supply Chain

Supply chain logistics company Flexport is reportedly embarking on another sweeping round of job cuts. The firm plans to cut almost 20% of its staff — about 500...

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World Bank’s Gloomy Outlook Could Be Countered by Industrial Transformations 
World Bank’s Gloomy Outlook Could Be Countered by Industrial Transformations 
January 17, 2024  |  Connected Economy

The World Bank isn’t banking on the world’s economy getting much better.  At least in the near term.  In its semiannual Global Economic Prospects report,...

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Shipping Companies Maersk and Hapag-Lloyd to Create Interconnected Ocean Network
Shipping Companies Maersk and Hapag-Lloyd to Create Interconnected Ocean Network
January 17, 2024  |  Shipping

Global shipping companies Maersk and Hapag-Lloyd have signed an agreement for a long-term operational collaboration. This collaboration, known as the “Gemini Cooperation,” will begin in...

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Freightos Says Digital Platform Adoption Drove 36% Transaction Growth
Freightos Says Digital Platform Adoption Drove 36% Transaction Growth
January 16, 2024  |  Earnings

Freightos, a vendor-neutral booking and payment platform for the international freight industry, reported record transactions for the fourth quarter of 2023. The company recorded 286,900...

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Online Customers’ Shopping Mantra: Faster Shipping, Free Returns
Online Customers’ Shopping Mantra: Faster Shipping, Free Returns
January 15, 2024  |  eCommerce

The appeal of faster services has become an integral component of the modern eCommerce experience, influencing purchasing decisions and shaping customer expectations. With shipping, for...

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