Port of Baku

FREIGHT

Convoy | June 30, 2021

Convoy, the nation's most efficient digital freight network, and Flexport, the global logistics platform, have announced a long-term strategic collaboration to provide end-to-end shipment automation over land, sea, and air. The collaboration utilizes Flexport's international client base and Convoy's North American carrier network to provide seamless logistics services to customers while expanding business capabilities for both companies through a new shared data exchange that seamles...

PBC Today | August 11, 2020

Digital transformation helps EKFB maximize project performance across an 80km section of the UK&rsquo's new high-speed rail link between London, Birmingham, and the North. Causeway announces a partnership with Eiffage Kier Ferrovial BAM (EKFB), one of the joint ventures working with HS2 Ltd to deliver civil engineering works for the UK&rsquo's new high-speed rail project....

Wayfair | August 06, 2020

Wayfair dramatically reversed its trend of quarterly losses in the hundreds of millions in the second quarter when pandemic-driven online home spending ratcheted up the company's immense and admittedly underutilized logistics network, reported executives Wednesday. The company posted $274 million in net income in Q2 after losing $286 million in Q1 and more than $1 billion 2019.The e-tailer reported an 83% year-over-year increase in net revenue in Q2 while doubling the wholesale dollars...

PROCUREMENT AND SOURCING,TRANSPORTATION

Ritchie Bros. | January 16, 2023

Ritchie Bros. announced the purchase of a controlling stake in VeriTread, a market leader in transportation technology and services. This purchase will advance the marketplace strategy of Ritchie Bros., which integrates services, data, and transaction solutions to enhance the entire customer experience. VeriTread was established in 2013, bringing a legacy of expertise in constructing heavy-haul transportation platforms and solutions for industrial equipment, cars, and other asse...