Gnosis Freight takes on private equity investor

Supply chain software provider Gnosis Freight said Monday it has accepted an investment of an undisclosed sum from private equity firm Vista Equity Partners.

The investment is from Vista’s Endeavor Fund, which provides growth capital and support to enterprise software and data companies with $10 million to $40 million in annual recurring revenue.

Charleston, South Carolina-based Gnosis provides visibility and tracking technology through its Container Lifecycle Management platform, which allows...

https://www.freightwaves.com/news/gnosis-freight-takes-on-private-equity-investor

Cargo Demand Rose As Maersk Rolls Out 1 in 3 Shipments

According to a Supply Chain Dive article written by Matt Leonard cargo rollovers have risen just in time for Maersk new rolls. 

  • The rate of rolled cargo at transshipment ports increased in October to nearly 29%, up from almost 27% in September and more than 22% in October 2019, according to figures in an emailed release from Ocean Insights, a company that tracks containers.
  • MSC’s rollover ratio increased to nearly 23% in October from more than 16% in September, while Maersk’s ratio rose to more...

https://mfame.guru/cargo-demand-rose-as-maersk-rolls-out-1-in-3-shipments/