The Loadstar


Flexport buys online container tracking specialist Crux Systems

US digital-first freight forwarder Flexport has completed the acquisition of container tracking and shipment visibility company Crux Systems, for an undisclosed amount.
Crux Systems was founded in 2014 by Eric Klein and Jennifer Colvin who set out to automate container …


Is Amazon unstoppable?

Fantastic long read in The New Yorker, the culmination of a five-month investigation into the rise and rise and rise of Amazon, from detailing the leadership ethos instilled by founder Jeff Bezos and the relentless quest for expansion across a …


Edoardo Podesta new COO at Dachser Air & Sea Logistics

German freight forwarder and haulage firm Dachser has promoted Edoardo Podestá (pictured above) to global chief operations officer of its Air & Sea Logistics operations.
Mr Podestá replaces Jochen Müller, who decided not to renew his contract in the new …


On the wires: Li & Fung – the rise and fall of the gods

“Li & Fung Limited (…) announced the successful completion of a simultaneous bond tender offer and new bond offering. The simultaneous measures allow the company to reduce its interest expense and further optimise its capital structure by extending its debt …


MSC enhances its Oceania-US network

Oceania loop 1 offers a new direct fortnightly call in Adelaide, Seattle, Vancouver extending our current coverage from Australia and New Zealand to US West Coast and Canada.
Oceania loop 2 provides weekly direct service to Cristobal and US East …