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Overview
Breaking news and comment for the freight and logistics industry.
News
The rise of $1.2bn HappyRobot - 'an uncomfortable mirror' for brokers
In case you missed it: HappyRobot's $150m Series C recently valued the freight AI startup at $1.2bn. But as CH Robinson's headcount drops and the industry races to automate, the real question is who controls the moat. Three Spanish founders, a failed comp
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AI has reached forwarders' P&L - now the arguments begin
AI appears poised to transform freight forwarding. And the industry's biggest players are finally starting to put numbers on it. Kuehne+Nagel told investors at its Q2 earnings call that AI initiatives were expected to deliver savings of up to Sfr150m ($18
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Demand the driver as carriers prepare for Q4 capacity management
European container demand could weaken in the fourth quarter, as a significant share of this year's peak season cargo appears to have been brought forward. According to Italian container logistics provider Sogese's August Europe Container Market Update, d
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'Data center conundrum': what if the financing boom outruns physical reality?
Would you believe it: the regulator has confirmed that post-crisis investor protections never applied to a fast-growing securitization market financing the biggest driver of air cargo growth. Just as moratoriums multiply and 50-plus projects are canceled.
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Barge surcharges skyrocket as Europe's inland waterways struggle
Surcharges for Rhine barge transport have skyrocketed in the past few days as water levels continue to plummet, with forecasts only showing further falls as Northern Europe waits for rain. MSC, for example, has confirmed the following surcharges: €1,350 p
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