Freight Scoop

Hapag-Lloyd Celebrates Installation of 700,000th Tracking Device on the Path to World’s Largest Smart Container Fleet

Hapag-Lloyd, one of the world’s leading liner shipping companies, is marking a significant milestone on its journey to create the largest smart container fleet globally. The company celebrated the installation of its 700,000th tracking device on Monday, with a special guest appearance by Germany’s Federal Minister of Digital and Transport, Dr. Volker Wissing, who personally…

Read More

Transfix Secures $40 Million in Series F Funding Round Led by NEA and G Squared

New York, NY – Transfix, Inc., a prominent digital freight brokerage company, has proudly announced the successful closing of its Series F funding round. The funding was spearheaded by New Enterprise Associates (NEA) and G Squared, with additional participation from Canvas. This financial injection further solidifies Transfix’s position in the market, fortifying its path to…

Read More

Honda North America’s Civic Hybrid Production to be Split Between Ontario and Indiana Facilities

ALLISTON, ON, Canada – Honda is gearing up to reintroduce the Honda Civic Hybrid to the Canadian and U.S. markets, with the production slated to begin in 2024. The resurrected model will be manufactured on North American soil. The production of the 2025 Civic Hybrid will kick off in the spring of 2024 at Honda…

Read More

China Tour Spurs Investment Boom in Nuevo León: LGMG, Trina Solar, and Kawasaki Heavy Industries Set to Invest Billions

Samuel Garcia Sepulveda, the Governor of Nuevo León, has been on an official tour of China over the past several days, focusing on attracting investments to the Mexican border state of Nuevo León. Through his ‘X’ social media handle, Governor Garcia made a significant announcement regarding Lingong Machinery Group (LGMG), a prominent manufacturer of construction…

Read More

Global Logistics Giants Kuehne+Nagel and SATS Join Forces to Drive Improvements for Air Logistics Customers

Kuehne+Nagel and SATS Ltd have formally inked a Memorandum of Understanding (MoU) to forge a strategic partnership aimed at revolutionizing the air logistics industry by bolstering value chain enhancements and sustainability initiatives. This partnership, which has its sights set on customers in Asia, Europe, and North America, is a response to SATS’s recent acquisition of…

Read More