ShipBob, a cloud-based logistics platform announced $200 million in funding, achieving unicorn status with their valuation more than doubling since their Series D round in September 2020.
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The Palletways Group, part of Imperial Group and Europe’s express palletised freight network, has expanded its Hungarian network to now include Slovakia.
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FedEx Corp. has reported record fourth quarter and full year results – earning growth predicted for fiscal 2022.
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Trans-o-Flex is preparing to list on the Frankfurt stock exchange as early as September in a deal that could value the German logistics firm at roughly 1 billion euros ($1.2 billion), Reuters reports.
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China’s postal industry registered rapid growth in business revenue in the first five months of the year, official data shows.
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The U.S. Postal Service provided updated third quarter service performance data through the week of June 18th which shows performance improvement continues to hold steady since the second quarter.
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The US Government has taken an important step towards ending ‘big tech’ firms’ monopolies. Six new bills could result in Amazon being forced to sell off its logistics arm and AWS services, while Facebook would have to part with Instagram and WhatsApp.
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Sendle, Australia’s first 100% carbon neutral parcel delivery service, has raised AU$45 million in a Series C funding round to drive market expansion in the United States.
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