N. COTZIAS SHIPPING CONSULTANTS

Software and Technology, Logistics

Artificial Intelligence Technology Solutions, Inc., | July 16, 2022

Artificial Intelligence Technology Solutions, Inc., (OTCPK:AITX), announced that its wholly owned subsidiary Robotic Assistance Devices, Inc. (RAD) has received an order for 5 security robots from a top ranked global logistics company. The order is valued in the low six figures, plus recurring revenue after a set period. Although not named due to confidentiality agreements, the Company indicated that the end-user, an existing client, is a global leader in supply chain management & thir...

Supply Chain Dive | April 30, 2020

Airfreight volume fell more than 15% year-over-year (YoY) in March, according to the latest numbers from the International Air Transport Association (IATA). But with capacity falling further the industry can't keep up with what demand remains and prices for air freight are climbing as a result.Freight capacity fell nearly 23% YoY in March as a result of belly cargo space in passenger airlines being pulled from the market due to flight cancellations.International belly cargo capac...

Freight

businesswire | June 08, 2023

Bluegrass Supply Chain continues to build the logistics industry by announcing plans with Bridgeport Partners REIG, LLC, for a new facility in Southern Indiana. Located at 1220 Bridgeport Road in Jeffersonville, the Bowling Green, Kentucky-based companies plan to invest $14,765,000 in the new center, along with an additional investment of $835,000 in machinery and equipment. The new facility will add up to 25 new employees at an average hourly wage of $27.22, which is above the average hou...

Transportation

businesswire | July 13, 2023

Forward Air Corporation is executing a growth strategy that involves organic infrastructure investments, such as its ongoing LTL network expansion, as well as inorganic investments, including acquisitions of complementary businesses. Today, Forward announced that it was named top Air/Expedited Carrier by Transport Topics, for the fifth consecutive year. The annual rankings are comprised of top companies across multiple transportation segments based on revenue. Forward Air contin...