Logistics

The inside story on how GlobalTranz and WorldWide Express came together

NEW YORK — At a daylong conference earlier this month focused on the explosion of private equity interest and money in the logistics sector, attendees heard from a CEO behind one of the biggest deals of 2021: the merger that brought together 3PLs GlobalTranz and Worldwide Express.

Bob Farrell of GlobalTranz told a conference sponsored by the Benesch law firm that “private equity is about turning intentions into reality.” And with the backing of CVC Capital Partners, that happened this year when...

https://www.freightwaves.com/news/the-inside-story-on-how-globaltranz-and-worldwide-express-came-together

Avatour puts logistics pros in the room during virtual meetings

Technology is slowly emerging to take the COVID-19 business meeting to new heights. The introduction of 360-degree cameras allows remote participants to fully engage with the meeting, whether it takes place in an office setting, warehouse or some other remote location.

Avatour is at the forefront of this change, having brought to market the Avatour Real-Time 360-degree camera and meeting technology. Global logistics operator DB Schenker is one of the early adopters of the technology.

“The...

https://www.freightwaves.com/news/avatour-puts-logistics-pros-in-the-room-during-virtual-meetings

Supply chain partners in constructive dialogue to overcome logistics challenges

Supply chain partners in constructive dialogue to overcome logistics challenges

John W. Butler

Brussels, 14 December 2021 – Shippers and carriers met yesterday to talk about the causes and effects of recent supply chain disruption coinciding with the COVID 19 pandemic. The meeting brought together a broad representation of members from the European Shippers Council (ECS) and the World Shipping Council (WSC) and the Secretariat of the European Community Shipowners’ Associations (ECSA). This is the...

https://allaboutshipping.co.uk/2021/12/14/supply-chain-partners-in-constructive-dialogue-to-overcome-logistics-challenges/

Breaking news: Redwood Logistics sold to AEA Investors

Chicago-based third-party logistics provider Redwood Logistics has been sold by private equity firm CI Capital Partners to AEA Investors. Financial terms of the transaction were not disclosed.

AEA Investors is an investment firm with over $15 billion in assets under management and a 50-plus year history of partnering with middle market companies to accelerate growth.

“We are extremely enthusiastic to be joining the AEA family. This additional investment accelerates our organization’s strategic...

https://www.freightwaves.com/news/breaking-news-redwood-logistics-sold-to-aea-investors

What are Dedicated Freight Corridors (DFC)?

Dedicated Freight Corridors

India has for long not performed to its potential in the global economy and international trade, with its share of international trade being grossly incommensurate with its population and abundance of natural resources.

Further, the cost of transportation and ease of doing business was impacted by lack of competitiveness in terms of manufacturing and trade, inadequate export orientation and infrastructure constraints.

In the past decade or so, the government has set its sights firmly on elevating...

https://www.marineinsight.com/maritime-law/what-are-dedicated-freight-corridors-dfc/

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