San Francisco-based startup Augment has secured $85 million in fresh funding, bringing its total raised to $110 million in under half a year. The Series A round, led by Redpoint Ventures with participation from several logistics- and tech-focused investors, underscores how rapidly artificial intelligence is moving into the freight and supply chain sector. The company’s […]
Artificial intelligence continues to gain traction across logistics, with two recent funding rounds underscoring the technology’s growing role in freight decision-making and automation. Startups focused on workflow optimization and digital coordination have collectively raised $129 million, signaling strong investor confidence that AI solutions will reshape the way shippers, brokers, and carriers manage operations. One firm […]
Ground staff strikes at Amsterdam’s Schiphol Airport forced KLM to cancel more than 100 flights on Wednesday, disrupting both passenger travel and cargo shipments. The two-hour work stoppage, staged between 8 a.m. and 10 a.m., highlighted unresolved labor disputes that could escalate further with a longer strike already planned for next week. The airline confirmed […]
U.S. importers are facing increased scrutiny from Customs and Border Protection (CBP), as trade attorneys report a noticeable rise in the issuance of CF-28 forms—official requests for additional information about entry filings. The trend, discussed during a series of industry webinars this week, highlights CBP’s growing focus on compliance with duty collection and trade regulations. […]
Amazon’s private cargo airline has launched its first Caribbean route, extending its wholesale air cargo services to the Dominican Republic as part of its growing third-party logistics business. Miami-based ALK Global Logistics confirmed it has begun booking customer shipments to and from Santo Domingo on Amazon Air’s Boeing 767-300 freighters. The route operates with seven […]
Mexico Launches $22B Port Modernization ProgramMexico has announced a sweeping $22 billion investment plan to expand and modernize its seaport infrastructure over the next six years, positioning ports as the backbone of the nation’s nearshoring strategy. The program combines public and private capital and spans major Pacific and Gulf hubs, including Manzanillo, Lázaro Cárdenas, Veracruz, […]
Customs and Border Protection (CBP) has released updated guidance on products exempted from reciprocal tariffs, following a Sept. 5 executive order modifying the scope of earlier trade measures. The update affects merchandise covered under Executive Order 14257, originally issued in April to impose reciprocal tariffs on a wide range of imports. The Sept. 5 order […]
Profits for major ocean carriers fell sharply in the second quarter as renewed tariff frictions between the United States and China drove down trans-Pacific container volumes and freight rates. Industry data shows net income across leading operators plummeted compared with the same period last year, with earnings per share sliding in tandem. Revenue was off […]
A newly announced EU–U.S. trade framework has provided a measure of stability for trans-Atlantic commerce, easing concerns of further escalation in tariff disputes. The agreement pauses additional duties and is expected to support steadier container flows across core trade lanes. The framework keeps in place the 15% tariff on most European exports and the 27.5% […]
A U.S. federal appeals court has ruled that tariffs imposed earlier this year under the International Emergency Economic Powers Act (IEEPA) were unlawful, dealing a major setback to the administration’s trade policy. In a decision issued August 29, the Court of Appeals for the Federal Circuit found that IEEPA does not grant the president authority […]
