Kontainers, a digital freight platform, has been bought by Descartes Systems Group for $12m.
The deal includes up-front cash of $6m – based on satisfying revenue targets in the next two years – plus potential performance-based additions. Any earn-out will …

Eastbound Silk Road rail volumes increased 44% last month, as forwarders capitalised on “heavy” demand with new block-train services from Germany to China.
According to figures from China State Railway Group, eastbound volumes reached 43,000 teu for the month, with …

By committing its entire 300-owned ship fleet to the scheme, Maersk has provided a timely boost to the Voluntary Observing Ship (VOS) programme, designed to improve the accuracy of weather forecasting for mariners.
The VOS fleet of data recording and …

Hamburg’s major container terminal operator HHLA announced at the end of May that it had entered into strategic talks with its German peers, Eurokai and BLG International.
In this type of situation, all outcomes are possible but should we eagerly …

I tried to keep it quiet and avoid another hopeless Toll Group note, but from the feedback I’ve gathered there are a few – present and past – employees furious at Toll Group management with many seemingly losing trust in …

Who said the M&A bull is asleep?
While major M&A may be frozen until Q3 ’20 at the earliest, according to multiple sources, the bankers’ bread-and-butter deals keep getting done behind the scenes.
The latest rumour is that freight software-as-a-service …

United has played a vital role in helping keep the global supply chains stable during the COVID-19 pandemic so urgently needed goods can get to the places that need them most.
In addition to current service from the U.S. to …