Forwarding

Quarterly revenue—at $27.0 billion—was down 2.7% annually, and adjusted earnings per share—at $3.62—up 0.8% annually, topping Wall Street expectations of $3.59 per share. Quarterly operating profit came in at $3.2 billion, which was off 17.9% annually.

The dashboard provides shippers with a one-stop shop, of sorts, in the form of market trends, capacity, and pricing across all regions and modes.

Descartes said that the Kontainers’ digital freight platform enables its customers to quickly come up with branded state-of-the-art digital experiences for end customers, and it also noted that Kontainers’ technology helps to “API-enable” logistics services providers while also maintaining their existing rate management and back-office systems investments.

In a move geared towards expanding its new services and technologies to support high-growth sectors like life sciences healthcare logistics, express delivery and logistics services provider DHL said this week that its DHL Global Forwarding group is taking several steps in that direction through some significant changes it has made at its 434,000 square-foot O’Hare airport facility in Chicago.

Chicago-based third-party logistics (3PL) services provider SEKO Logistics recently announced it made an intra-city acquisition, with the purchase of GoodShip International, a customs brokerage and compliance consultancy.

Logistics Management Group News Editor Jeff Berman recently spoke with Dr. Zvi Schreiber, Freightos founder and CEO, about Freightos’ most recent round of funding, the company’s approach to the market, and what is in store for the future

At this month’s Council of Supply Chain Management Professionals Annual Conference, Logistics Management Group News Editor Jeff Berman had an exclusive interview with CHRW CEO and Chairman of the Board John Wiehoff about the company’s growth and acquisition plans, how it views the future, and the current freight transportation market.

Damco said that the addition of PacNet improves its platform in both the North Asia and Asia Pacific regions.

An alliance agreement between INTTRA – a multi-carrier e-commerce platform for the ocean shipping industry – and Kewill was announced today.