Shipping

Freight transport is the physical process of transporting commodities and merchandise goods and cargo. The term shipping originally referred to transport by sea but in American English, it has been extended to refer to transport by land or air as well.

(source: en.wikipedia.org)

Cyberattacks Present Shipping Industry’s Biggest Threat Since WWII
Cyberattacks Present Shipping Industry’s Biggest Threat Since WWII
July 28, 2024  |  Cybersecurity

The shipping sector is reportedly facing a spike in cyberattacks tied to state-sponsored hackers. The industry saw at least 64 cyber incidents last year, the...

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Amazon Takes On Temu and Shein With China-Direct Discount Section
Amazon Takes On Temu and Shein With China-Direct Discount Section
June 26, 2024  |  Amazon

Amazon will reportedly add a section to its shopping site that aims to compete with Temu and Shein, featuring items that are cheap and are shipped from China to...

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JPMorgan Payments and Loop Team to Monetize Freight Payments
JPMorgan Payments and Loop Team to Monetize Freight Payments
June 18, 2024  |  Partnerships

J.P. Morgan Payments has launched a partnership with audit/payment platform Loop. The collaboration announced Tuesday (June 18), is designed to “boost working capital with freight payments,” the...

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Instant Payments Could Be Incentive to Keep Truckers in Driver’s Seat
Instant Payments Could Be Incentive to Keep Truckers in Driver’s Seat
June 17, 2024  |  Real-Time Payments

If any U.S. consumers are wondering why their packages are late, the answer might be because there simply aren’t enough truck drivers manning 18-wheelers and...

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CargoSense Raises $8 Million to Enhance Supply Chain Automation
CargoSense Raises $8 Million to Enhance Supply Chain Automation
June 12, 2024  |  Investments

Supply chain automation firm CargoSense has raised $8 million in new funding. The Series A round was led by Lanza techVentures and included participation from Merck Global Health Innovation Fund (MGHIF),...

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Denim Gets $63M to Turn Freight Brokers Into ‘Smart’ Brokers Using Payments
Denim Gets $63M to Turn Freight Brokers Into ‘Smart’ Brokers Using Payments
June 10, 2024  |  Payments Innovation

For Bharath Krishnamoorthy, co-founder and CEO of Denim, transforming the freight industry — and specifically how brokers get paid — was not on the roadmap....

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OneRail Expands Omnichannel Fulfillment Solution With Orderbot Acquisition
OneRail Expands Omnichannel Fulfillment Solution With Orderbot Acquisition
June 05, 2024  |  Acquisitions

OneRail has acquired Orderbot, saying the combination creates “a new era of streamlined omnichannel fulfillment.” The deal adds Orderbot’s inventory and order management capabilities to...

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Flexport Expands Trucking Marketplace to Connect Brokers, Carriers
Flexport Expands Trucking Marketplace to Connect Brokers, Carriers
June 03, 2024  |  Shipping

Flexport has expanded its Convoy Platform to connect brokers and carriers. With this artificial intelligence (AI)-powered marketplace, brokers can access thousands of carriers across the...

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80% of Truckers Cite Convenience as Instant Payments Preference
80% of Truckers Cite Convenience as Instant Payments Preference
May 28, 2024  |  Faster Payments

Who doesn’t like getting paid instantly? According to PYMNTS Intelligence data, roughly a third of all U.S. consumers now select instant payouts when they are...

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