freight forwarder

Selecting a provider you can trust 

Ray Sciuckas, president at Fastmore Logistics, joined FreightWaves to talk about how Fastmore pairs technology with people and processes to tackle challenges across a variety of modes. Sciuckas began his multidecade career in the international freight forwarder space, focusing on expedited freight. What led him to found Fastmore Logistics in 2005 was the premise that “growth of on-demand inventory created a new expedited segment, but service levels offered by carriers didn’t meet customer...

https://www.freightwaves.com/news/selecting-a-provider-you-can-trust

MTS Logistics raises over $120,000 to help young adults with autism

MTS Logistics’ 14th annual bike tour, held on June 8, successfully raised over $120,000 for autism awareness and acceptance. All proceeds raised from the event were donated to Spectrum Works, a New Jersey-based nonprofit organization that provides job training and opportunities for young adults with autism.

Over the past 15 years, nearly $500,000 has been raised for autism awareness and acceptance through the efforts of MTS Logistics and the shipping industry’s largest bike riding event. With...

https://www.freightwaves.com/news/mts-logistics-raises-over-120000-to-help-young-adults-with-autism

Freightmate Ai exits stealth mode with pre-seed funding and new tech

Freightmate Ai announced on Thursday that it has secured a pre-seed funding round led by Wischoff Ventures and is releasing its first automated solution.

The funds will be used to enhance the features of its freight forwarding management system, which is being developed by technology experts with experience from Geodis, Manhattan Associates, Amazon Global Logistics and Flexport.

“Freight forwarders coordinate global shipments from end to end from origin country to destination country, leveraging...

https://www.freightwaves.com/news/freightmate-ai-exits-stealth-mode-with-pre-seed-funding-and-new-tech

TSA rule change provides regulatory relief to air logistics providers

The Transportation Security Administration is easing the compliance burden on airfreight intermediaries by allowing the logistics businesses to submit applications renewing security credentials once every three years instead of annually, according to a recent regulatory notice.

The rule change, which takes effect on Monday, impacts about 3,800 indirect air carriers registered with the TSA. The companies receive and consolidate cargo from multiple shippers and tender them to various airlines for...

https://www.freightwaves.com/news/tsa-rule-change-provides-regulatory-relief-to-air-logistics-providers

New logistics terminal opens along Texas Gulf Coast

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Project freight forwarder deugro announced it has opened a 96,775-square-foot operations and...

https://www.freightwaves.com/news/new-logistics-terminal-opens-along-texas-gulf-coast

Flexport founder says ousted CEO lost customer focus, spending discipline

Last week’s dismissal of Dave Clark as Flexport’s chief executive officer was prompted by his neglect of customers and freight growth to focus on expensive technology development for Amazon-like last-mile delivery, reinstalled CEO Ryan Petersen told FreightWaves. 

The Flexport founder stressed the leadership change doesn’t mean the company is returning to being a nuts-and-bolts freight forwarder and will continue its transformation into an end-to-end logistics provider, aided by the June acquisit...

https://www.freightwaves.com/news/flexport-founder-says-ousted-ceo-lost-customer-focus-spending-discipline

MTS Logistics surpasses $80,000 fundraising goal for autism awareness

MTS Logistics announced that it has raised over $81,000 for autism awareness ahead of the upcoming 12th Annual Bike Tour with MTS for Autism, which will take place Saturday in New York City.

Each year, MTS Logistics sponsors the biggest bike event in the shipping industry to raise funds for Spectrum Works, a nonprofit workforce training program that provides job training and employment opportunities for young adults with autism. 

The event brings together participants from all over the world,...

https://www.freightwaves.com/news/mts-logistics-surpasses-80000-fundraising-goal-for-autism-awareness

EFL Global marks 40 years of commitment to borderless service

EFL Global this year celebrates its 40th anniversary in the freight forwarding and 3PL business. The global logistics provider is looking back on its four decades of defying boundaries and turning its outlook toward its goals for the future.

What is now a global leader in the supply chain, EFL has humble origins. The company began with one man, Hanif Yusoof, who founded Expolanka Freight in 1982 as an agency for freight forwarders in the Indian Subcontinent.

The company began in a 300-square-foot...

https://www.freightwaves.com/news/efl-global-marks-40-years-of-commitment-to-borderless-service

Superhot airfreight market leaves shippers in the cold

A Cargolux 747 cargo plane on the tarmac on a bright day with an empty pallet in the foreground.

Importers and exporters should brace for the pandemonium roiling the ocean freight sector — where container shipping delays and prices are at all-time highs — to wash over the air cargo market this month.

Full planes and skyrocketing freight rates are signs the market has tightened to the point that shippers will be hard-pressed to find air transport for their goods as holiday-season shipping enters the stretch run, according to market analysts and logistics specialists. 

Welcome to the...

https://www.freightwaves.com/news/superhot-airfreight-market-leaves-shippers-in-the-cold

Pilot Freight buys expedited carrier to integrate e-commerce delivery

Drivers unload furniture from a truck to bring in a home. Pilot Freight is the company.

Pilot Freight Services, a logistics provider backed by private equity, announced Monday it has acquired expedited less-than-truckload carrier American Linehaul to provide intercity capacity for its growing e-commerce business.

American Linehaul runs a scheduled airport-to-airport, LTL linehaul system that forwarders often use as a less expensive, sometimes faster, alternative for shipments booked to move by air. The network — with more than 66 outbound airport cities and 70 destinations,...

https://www.freightwaves.com/news/pilot-freight-buys-expedited-carrier-to-integrate-e-commerce-delivery

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