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In 2009 Toll acquired Express Logistics Group, one of New Zealand's largest freight forwarding companies. In the same year Toll acquired Logistic Distribution Systems (LDS), a Dubai-based international freight forwarding company. [11] [12] In 2010 Toll acquired United States freight forwarder Summit Logistics. [13]
The FIATA International Federation of Freight Forwarders Associations is a non-governmental organisation representing freight forwarders worldwide. According to the FIATA Annual Report 2021, FIATA counted 109 Associations Members representing the freight forwarding industry within a territory and 5959 Individual members, representing freight forwarding and logistics companies.
A delivery order (abbreviated D/O [1]) is a document from a consignee, or an owner or his agent of freight carrier which orders the release of the transportation of cargo to another party. [2] Usually the written order permits the direct delivery of goods to a warehouseman , carrier or other person who in the course of their ordinary business ...
Carrier: Any person who, in a contract of carriage, undertakes to perform or to procure the performance of transport by rail, road, air, sea, inland waterway or by a combination of such modes; Freight forwarder: A firm that makes or assists in the making of shipping arrangements;
2013 Acquired New Orleans–based MBLX to expand international freight forwarding in the U.S. [35] 2013 Signed a purchase agreement to acquire the assets of Advantex Express Inc. as well as the shares of its two U.S. entities, Advantex Express, Inc. and Andina Group International, Inc. [36] 2013 Steven C. Preston appointed as CEO [37]
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In 2022, Flexport "raised $935 million in a Series E funding round that values the freight forwarding company at $8 billion". It has raised $2.3 billion since its inception. [12] In June 2022, Flexport announced that Amazon worldwide consumer chief Dave Clark would be joining Flexport as its new CEO. [13]