Freight Management news and trends

Flexport Bolsters its Position in Digital Freight with Convoy Acquisition
Acquisitions // November 01, 2023

San Francisco-based digital freight startup, Flexport, has made a significant move in the logistics industry by acquiring Convoy, a Seattle-based trucking startup, according to media reports Wednesday (Nov. 1). This acquisition comes after Convoy recently announced the closure of its business due to financial difficulties...

EKA Solutions and Verizon Connect Collaborate to Streamline Freight Operations
Shipping // September 25, 2023

EKA Solutions, a provider of a cloud-based integrated freight management platform, has partnered with Verizon Connect to deliver integrated services to fleet customers.  This collaboration aims to provide enhanced visibility, efficiency and cost-effectiveness to for-hire and private-fleet customers, EKA Solutions said in a Monday (Sept. 25) press...

Logistics Tech Firm Portpro Unveils Smartphone App
B2B Payments // July 19, 2021

PortPro, which provides technology used in the drayage industry, announced a new mobile app the company says will let clients run businesses using the company’s technology but without the need to work through web interfaces. Drayage is the highly specialized work of moving containers among...

Ceva Logistics Turns To M&A To Accelerate Digitization
B2B Payments // October 29, 2018

Netherlands-based Ceva Logistics is expanding through the acquisition of CMA CGM’s freight management operations, a press release announced Friday (Oct 26). The Dutch company will acquire the freight management unit of the French container shipping line that is already a major stakeholder in Ceva as...

Quick Reads
EKA Solutions and Verizon Connect Collaborate to Streamline Freight Operations

September 25, 2023
EKA Solutions, a provider of a cloud-based integrated freight management platform, has partnered with Verizon Connect to deliver integrated services to fleet customers.  This collaboration aims to provide enhanced visibility, efficiency and cost-effectiveness to for-hire and private-fleet customers, EKA Solutions said in a Monday (Sept. 25) press release. EKA Solutions is known for its EKA Omni-TMS platform, […]

Bitcoin Daily: UBS CEO Is Bullish On Blockchain, Swiss Crypto Fund Receives License

June 19, 2018
Crypto Fund AG, a subsidiary of Crypto Finance Group, says that it has received a license from the Swiss government to distribute funds, Reuters reported. The Financial Market Supervisory Authority (FINMA)...