Keep up with the news of the Freight Forwarding and Logistics Industry

EIN Presswire Newsletter

MoversTech CRM Joins IAM, Solidifying Commitment to Industry Excellence and Enhancing Client Confidence

NEW YORK, NY, UNITED STATES, December 23, 2024 /EINPresswire.com/ -- MoversTech CRM, a leading provider of customer relationship management solutions for the moving industry, has officially joined the International Association of Movers (IAM), a hi...

CME Corp Finalizes Acquisition of Storage Systems Unlimited

This acquisition unites two leading organizations, broadening their offerings to deliver a more integrated and comprehensive solution for healthcare customers. Our acquisition of Storage Systems Unlimited strengthens our ability to provide healthcare...

LNG Bunkering Market: Transforming Marine Fuel for a Greener Future | APAC Dominate by Singapore, Japan, South Korea

Global LNG Bunkering Market Worth USD 5.14 billion by 2027 IMO regulation on the sulfur content in the marine fuel and increase in offshore gas exploration & production activities are the key factors boosting the LNG bunkering market growth.&rd...

Dropshipping Market Share Estimated to Reach $1670.1 Billion by 2031

Dropshipping Market Rise in smartphone penetration and surge in consumer disposable income have boosted the growth of the global dropshipping market. WILMINGTON, NEW CASTLE, DE, UNITED STATES, December 23, 2024 /EINPresswire.com/ -- The global 𝐃...

Gulftainer Expands Operations with New Warehousing Capability in Canaveral Cargo Terminal

Gulftainer Expands Operations with New Warehousing Capability in Canaveral Cargo Terminal Luke Richards, Managing Director, Canaveral Cargo Terminal Gulftainer Logo SHARJAH, SHARJAH, UNITED ARAB EMIRATES, December 23, 2024 /EINPresswire.com/ -- Gulf...

Vietnam Express Delivery Services Market on the Rise: Expected Demand of US$ 4.88 billion by 2030

Vietnam Express Delivery Services Market On the basis of application, the B2B segment is anticipated to exhibit a remarkable growth during the forecast period. WILMINGTON, NEW CASTLE, DE, UNITED STATES, December 23, 2024 /EINPresswire.com/ -- The V...

Cade & Associates CFO Team Unveils Innovative Cash Flow Strategies to Empower Small Businesses

Cash flow is the lifeblood of any business, yet it remains one of the most common challenges for small business owners.”— Jason Cade, Ph.D., MBA, CFE, CSOE, AAMSSALISBURY, NC, UNITED STATES, December 23, 2024 /EINPresswire.com/ -- Cade ...

Gratton Warehouse Company Increases Client Base to Include All 50 States

Gratton Warehouse provides logistical services in Omaha, Nebraska. Gratton Warehouse is a great Omaha Warehouse. Gratton Warehouse is one of the oldest companies in Nebraska. Gratton Warehouse is a leader in Omaha, Nebraska. Gratton Warehouse Compan...

Logistics Plus Philippines Achieves Certification of Registration for SEHQ Excellence

SGS certificate of registration (SEHQ) Logistics Plus Philippines Team LP Philippines Logo The certification affirms operational excellence, workplace safety, sustainability, and quality management. This milestone reflects our team's dedication ...

UnoTelos and Niral Networks forge strategic partnership to revolutionize connectivity in Africa

LAGOS, NIGERIA, December 20, 2024 /EINPresswire.com/ -- UnoTelos, a leading telecommunications innovator in Nigeria, today announced a groundbreaking strategic partnership with Niral Networks, an advanced Private 5G and EDGE AI computing solutions pr...

RestaurantSupply.com Brings Industry-Leading Restaurant Supplies to Los Angeles Foodservice Community

San Diego Restaurant Supply Store California Restaurant Supply Store Los Angeles Restaurant Supply Stores Restaurant Supply Company RestaurantSupply.com delivers top-quality restaurant equipment and supplies to Los Angeles foodservice professionals....

Commercial Restoration Company Promotes Grant Parsons to Vice President of National Accounts

Grant Parsons promoted to VP of National Accounts with Commercial Restoration Company. GREENWOOD VILLAGE, CO, UNITED STATES, December 20, 2024 /EINPresswire.com/ -- Commercial Restoration Company (CRC), a national leader in restoration and reconstr...

Royal 4 Systems Introduces Newest Version of their Universal Adapter for Software Integration

Newest Version of Universal Adapter for Software Integration Royal 4 Systems is excited to announce the launch of its latest version of their Universal Adapter (UA). LONG BEACH, CA, UNITED STATES, December 20, 2024 /EINPresswire.com/ -- Royal 4 Syste...

Global Cold Chain Market Set For 13.3% Growth, Reaching $679.31 Billion By 2028

Cold Chain Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033 The Business Research Company’s Early Year-End Sale! Get up to 30% off detailed market research reports—for a limited time only! The cold chain market size...

Key Cold Storage Market Trend 2024-2033: Technological Advancements

Cold Storage Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033 The Business Research Company’s Early Year-End Sale! Get up to 30% off detailed market research reports—for a limited time only! The cold storage market...

Globe News Wire by Notified

OceanPal Inc. Reports Financial Results for the Third Quarter and Nine Months Ended September 30, 2024

ATHENS, Greece, Dec. 20, 2024 (GLOBE NEWSWIRE) -- OceanPal Inc. (NASDAQ: OP) (the “Company”), a global shipping company specializing in the ownership of vessels, today reported vessel revenues of $7.5 million, a net loss of $0.2 million and net loss attributed to common stockholders of $0.6 million for the third quarter of 2024. This compares to vessel revenues of $3.9 million, a net loss of $3.4 million and net loss attributed to common stockholders of $3.9 million for the third quarter of 2023.

New Century Logistics Closes $6 Million Initial Public Offering

HONG KONG, Dec. 19, 2024 (GLOBE NEWSWIRE) -- New Century Logistics (BVI) Limited (“New Century” or the “Company”), an international freight forwarding company and logistics service provider, announces the closing of its initial public offering of 1,500,000 ordinary shares at a public offering price of $4.00 per share (the “Offering”) for total gross proceeds of $6,000,000, before deducting underwriting discounts and other related expenses. Trading began on the Nasdaq Capital Market on December 18, 2024 under the symbol “NCEW.”

Saia Partners with Tesla to Launch Two Electric Semis

The cutting-edge semi-trucks are part of Saia’s commitment to sustainability and innovation in logistics.

New Century Logistics Prices $6 Million Initial Public Offering

HONG KONG, Dec. 18, 2024 (GLOBE NEWSWIRE) -- New Century Logistics (BVI) Limited (“New Century” or the “Company”), an international freight forwarding company and logistics service provider, announces the pricing of its initial public offering of 1,500,000 ordinary shares at a public offering price of $4.00 per share (the “Offering”) for total gross proceeds of $6,000,000, before deducting underwriting discounts and other related expenses.   The Company’s ordinary shares have been approved for listing on the Nasdaq Capital Market. Trading is expected to begin on December 18, 2024 under the symbol “NCEW.”

DAT Freight & Analytics Acquires Trucker Tools, Expanding Offerings for Carriers, Brokers, and Shippers

DAT Freight & Analytics Acquires Trucker Tools, Expanding Offerings for Carriers, Brokers, and Shippers

Redwood Logistics Mexico Raises Over $674,000 MXN in Annual Redwood Games to Support CREE, A.C.

The funds will support CREE A.C., the sole institution of its kind in Nuevo León, in advancing its 60-year mission to enhance the lives of students with disabilities and their families

Freight Technologies Announces Adjournment of Annual Meeting of Stockholders

HOUSTON, Dec. 12, 2024 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (Nasdaq: FRGT, “Fr8Tech” or the “Company”), a logistics management innovation company, offering a diverse portfolio of technology-driven solutions that address distinct challenges within the supply chain ecosystem, today announced that the Company has adjourned its 2024 Annual Meeting of Stockholders (the "Annual Meeting"), originally scheduled to be held on December 12, 2024, to Friday, December 13, 2024 at 1pm, Monterrey, Mexico time, in order to provide stockholders additional time within which to vote on all proposals.

JT Logistics Makes Special Deliveries, Honoring Iowa’s Fallen Veterans

As a Wreaths Across America partner, JT Logistics transported thousands of handmade wreaths for wreath-laying ceremonies across the state of Iowa

NOVEMBER VOLUMES: CONTINUED FREIGHT & PASSENGER GROWTH

Ferry – freight: Total volumes in November 2024 were 10.4% above 2023 and up 4.7% adjusted for the addition of Strait of Gibraltar routes in 2024, closure of Calais-Tilbury in 2023, and the sale of Oslo-Frederikshavn-Copenhagen in 2024.

NOVEMBER VOLUMES: CONTINUED FREIGHT & PASSENGER GROWTH

Ferry – freight: Total volumes in November 2024 were 10.4% above 2023 and up 4.7% adjusted for the addition of Strait of Gibraltar routes in 2024, closure of Calais-Tilbury in 2023, and the sale of Oslo-Frederikshavn-Copenhagen in 2024.

Redwood Logistics Named in 2024 Gartner® Market Guide for Fourth-Party Logistics (4PL) for the Second Consecutive Year

-- Redwood’s ability to orchestrate logistics execution and supply chain technology define the 4PL space --

CHICAGO, Dec. 10, 2024 (GLOBE NEWSWIRE) -- Redwood Logistics (Redwood), a leading modern fourth-party logistics (4PL) provider in North America, was named a Representative Vendor in the 2024 Gartner® Market Guide for Fourth-Party Logistics (4PL) for the second consecutive year. Published on November 20, 2024, the Market Guide, per Redwood’s understanding, discusses industry trends as shippers pursue logistics outsourcing strategies that require a partner who can provide a simplified connection to an increasingly complex logistics and supply chain environment.

Saia Inc. Announces Increase in Borrowing Capacity

JOHNS CREEK, Ga., Dec. 10, 2024 (GLOBE NEWSWIRE) -- Saia, Inc. (NASDAQ: SAIA), a leading transportation provider offering national less-than-truckload (LTL), non-asset truckload, expedited and logistics services, announced today that it has closed on an amendment to its unsecured revolving credit facility to increase its borrowing capacity from $300 million to $600 million. The amendment also extends the maturity of the existing credit facility to December 2029.

TA Recognized with 2024 Food Logistics and Supply & Demand Chain Executive Top Software and Technology Solutions Award

Honoring TA’s ongoing commitment to innovation and customer-focused supply chain solutions

Freight Technologies Selected by Nestlé Mexico to Provide Domestic Logistics Services

HOUSTON, Dec. 09, 2024 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (Nasdaq: FRGT, “Fr8Tech” or the “Company”), a logistics management innovation company, offering a diverse portfolio of technology-driven solutions that address distinct challenges within the supply chain ecosystem, today announced that global food and beverage leader, Nestlé Mexico, has selected Fr8App to support its domestic logistics operations.

Covenant Logistics Group Announces Two-For-One Stock Split

CHATTANOOGA, Tenn., Dec. 06, 2024 (GLOBE NEWSWIRE) -- Covenant Logistics Group, Inc. (NYSE: CVLG) (“Covenant” or the “Company”) announced today that its board of directors has declared a two-for-one stock split of Covenant’s Class A common stock and Class B common stock to make Covenant’s stock more accessible to investors and employees. The stock split will be effected by means of a stock dividend to the holders of record of Covenant’s Class A common stock and Class B common stock as of the close of business on December 20, 2024, the record date for the dividend.

Freight Technologies Provides Update on its Public Filings Procedures

HOUSTON, Dec. 06, 2024 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (Nasdaq: FRGT, “Fr8Tech” or the “Company”), a logistics management innovation company, offering a diverse portfolio of technology-driven solutions that address distinct challenges within the supply chain ecosystem, today announced updates to its public filing procedures.

2024 Redwood Games Brings Charitable Contribution Total to $750,000 Over the Past 3 Years

– Redwood’s annual employee contribution event raises $300,000 for 15 non-profit organizations –

TA Names Miguel Perez Senior Director of Cross-Border Operations

Appointment strengthens TA’s commitment to innovative, seamless cross-border solutions and continued growth

Group Covenant Logistics Group Celebrates Dual Recognition for Safety Excellence

Company honored as Rand McNally Safety Program of the Year, while Marshall Rushworth receives Safety Leader of the Year award for transformative leadership in fleet safety

XPO Provides North American LTL Operating Data for November 2024

GREENWICH, Conn., Dec. 03, 2024 (GLOBE NEWSWIRE) -- XPO (NYSE: XPO), a leading provider of freight transportation in North America, today reported certain preliminary LTL segment operating metrics for November 2024. LTL tonnage per day decreased 4.0%, as compared with November 2023, attributable to a year-over-year decrease of 4.2% in shipments per day and an increase of 0.2% in weight per shipment. Actual results for November 2024 may vary from the preliminary results reported above.