Traditionally speaking, a freight forwarder is a company that receives and ships goods on behalf of other companies. The official U.S. definition of the term "freight forwarder" is a "person holding ...

Global freight forwarder AIT Worldwide Logistics announced Tuesday it has acquired Miami-based forwarder GSDMIA Inc. The deal is expected to bolster AIT’s trade lanes between Asia, Europe, Latin ...

Freight forwarders are companies that specialize in arranging storage and shipping of merchandise on behalf of their customers. They physically take charge of merchandise and usually ship under their ...

The Federal Motor Carrier Safety Administration has proposed changes to freight broker and freight forwarder financial responsibility requirements, addressing the problem of brokers that don’t pay ...

Forto, a digital freight forwarder which has experienced a boom during the pandemic, has raised another $50 million in funding. It’s now raised $103 million since its launch in 2016. The round was led ...

Company lifts job-cutting target to more than 2,000 positions CEO sees limited sea freight impact on global supply chains from Middle East conflict Cargo delays expected as European shipping majors ...

Freight forwarder Flexport Inc. is cutting about 20% of its global workforce, or more than 600 workers, as the digital-focused business copes with falling shipping demand and repositions its ...