OTS Spa Overseas Transport System

Logistics

SEKO | January 11, 2021

Ridgemont Equity Partners today reported the majority share recapitalization of SEKO Logistics, a main worldwide third-party logistics ("3PL") supplier. Greenbriar Equity Group, SEKO's greater part investor since 2015, will hold a critical value stake close by SEKO the board. Financial terms of the exchange were not revealed. Established in 1976, SEKO is a worldwide 3PL platform that use its driving technology-enabled answers for settle complex issues inside its cust...

Transportation

J.B. Hunt and BNSF | March 17, 2022

BNSF Railway Company and J.B. Hunt Transport Services Inc. have partnered to launch a joint effort aimed at substantially improving capacity in the intermodal marketplace in order to meet the expanding needs of their customers. Intermodal services have seen a considerable increase in demand in recent years as businesses seek to secure capacity while lowering prices and carbon emissions. J.B. Hunt plans to grow its intermodal fleet to 150,000 containers in the next three to five ye...

Supply Chain

EasyPost | May 13, 2021

EasyPost, a leading provider of shipping APIs that address difficult logistics challenges for online retailers, today announced the release of SmartRate, a new API that provides shippers with highly reliable shipment-level transit times based on a historical analysis of billions of shipments across all major and regional carriers. Merchants can save up to 70% on optimized shipments by using SmartRate. “On-time delivery is critical to customer satisfaction and repeats busines...

Transportation

FarEye | December 21, 2022

FarEye announced inclusion in the first-ever Gartner "Market Guide for Last-mile Delivery Technology Solutions1" report as the one of 18 Representative Vendors.According to Gartner, “... In terms of transportation operations, the global last-mile delivery market size was valued at $40.5 billion in 2021 and is anticipated to generate $123.7 billion in 2030. The market is projected to grow at a compound annual growth rate (CAGR) of 13.21% during the forecast period (2022 to 2...