FreightTech Friday: Learn to Win raises $30M, captures the industry’s attention

Enterprise training software provider Learn to Win announced on Wednesday an oversubscribed $30 million Series A raise led by the Westly Group with participation from Norwest Venture Partners and PearVC.

The company plans to use the funds to continue building out training platforms for high-pressure work organizations that can’t easily remove employees from everyday work for continuous job training.

Since its founding in 2019, Learn to Win has implemented AI-driven training programs for Novartis,...

Jury slams Schneider National with $47M ‘nuclear verdict’ in fatal crash

A Georgia jury recently awarded more than $47 million to the family of a 35-year-old owner-operator who was killed in a August 2017 crash involving a former company driver for Wisconsin-based Schneider National Carriers. 

“Nuclear verdicts” are described as jury awards in which penalties exceed $10 million.

Following a five-day trial, jurors in Cherokee County State Court in Canton, Georgia, awarded $47 million in compensatory damages on June 7 against Schneider National (NYSE: SNDR),...

Seafarer severely hurt in Houthi assault

A seafarer on a general cargo vessel was seriously injured after two Houthi missiles hit the
ship on 13 June.

The US Central Command (Centcom) said that two anti-ship cruise missiles struck the 2008-built 11,402 dwt Verbena, which is owned by Ukraine-based Donbasstransitservice and operated by Poland-based Dtschart Sp.

The US warship USS Philippine Sea evacuated the injured seafarer to a partner force ship
nearby for treatment.

The attack set Verbena on fire, but the ship is continuing on its...

FPSO gets two new Liebherr offshore cranes

Out with the old, in with the new. The Compact Board Offshore (CBO) cranes with their distinctive A-frame design have reached the end of their useful life after almost two decades in continuous operation.

Rostock, Germany-based Liebherr was able to offer a solution with the BOS series 2600 models. The BOS 2600 cranes will replace two well served Liebherr Compact Board Offshore (CBO) cranes that have been in service since 2006 and will contribute to safety and reliability on the Floating...

MacGregor wins major crane contract from MMA offshore

MacGregor, a part of Cargotec, has secured a significant order for its 50-tonne active heave compensated (AHC) crane, which will be installed on the MMA Valour.

This versatile and flexible multi-purpose platform supply vessel has a proven track record in servicing a wide range of offshore tasks across the energy and offshore wind sectors.

“We are looking forward to fitting the MMA Valour with a MacGregor active heave compensated crane which will enhance the vessel’s capability to provide a...

Larger container lines drive operational gains from ‘own terminals’ in India

As the Red Sea crisis remains a major drag on container supply chains, ‘own terminal advantages’ are believed to be benefiting the larger container lines serving Indian trades.

Mediterranean Shipping Co. (MSC) and CMA CGM have container terminal partnerships with the Adani Group at Mundra Port, India’s busiest box gateway.

According to industry sources, this strategic investment model has placed these two carriers, particularly MSC, in a uniquely advantageous position relative to smaller lines...

What does air cargo’s early peak season mean for peak season?

Demand and rates for airfreight transportation continue to soar through the normally soft summer season, powered by the unrelenting strength of e-commerce fulfillment from China and shippers pulling forward orders for the winter holidays to protect against rising costs, capacity shortages and worsening ocean shipping delays.

Air cargo volumes remain elevated from major Asian and Middle Eastern origins, especially to Europe, amid cascading effects on port productivity resulting from the effective...

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