Zencargo, a U.K.-based digital logistics company, announced on Monday that it has raised $42 million in a Series B round led by Digital+ Partners with participation from existing investor HV Capital. The company has raised a total of $66.4 million…
Rite Aid (NYSE: RAD)has joined the race for same-day delivery dominance, striking a deal with DoorDash (NYSE: DASH) to provide delivery of nonprescription health, convenience and wellness products. The items can be ordered through the DoorDash app or website for…
Prologis (NYSE: PLD) announced Tuesday that it has partnered with the Association for Supply Chain Management (ASCM) to create a certification program for logistics workers. The San Francisco-based logistics real estate investment trust plans to launch the program during the…
Red Owl was a grocery store chain headquartered in Hopkins, Minnesota, that operated in that state and the upper Midwest. Although the Red Owl stores and name have been gone for more than 30 years, there are many former employees…
The average meal travels 1,500 miles to its destination, according to CUESA, a nonprofit organization dedicated to growing thriving communities through local food markets. The organization said that this travel includes food moving from farms to processing plants, from the…
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Rivals Canadian Pacific (NYSE: CP) and CN (NYSE: CNI) are still at work seeking to convince the Surface Transportation Board (STB), industry stakeholders and Kansas City Southern (NYSE: KSU) shareholders which Canadian railway is the best company suited to merge…
When it rains it pours, especially in the South on many spring days. Lately, it’s been the Deep South and Gulf Coast getting drenched, resulting in flash flooding and water rescues in Birmingham, Alabama, last week. Related: Flood threat not…
The Daily Dash is a quick look at what’s happening in the freight ecosystem. In today’s edition, we highlight the latest coverage of the cyberattack that shut down the Colonial Pipeline, along with more industry news. The High Five 1.…
The airfreight market is so saturated that companies without precommitments, or the stomach to pay premiums, are having difficulty finding aircraft to move their goods. And import cargo keeps coming, on top of record volumes for air and ocean shipping,…
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