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Matt Tillman, a serial tech entrepreneur, had the idea for a freight and logistics platform in 2014, when he tried to book space on a container vessel to ship a truck. He created a reverse auction over email , treating all freight forwarders the same, and realized that the process could be automated.
Headquarters Total TEU Ships Market share Notes Alliance 1 Mediterranean Shipping Company (MSC) Switzerland: 5,705,424 801 19.9% [Note 1] 2M(until February 2025) Independent (from March 2025) 2 Maersk Denmark: 4,193,392 685 14.6% [Note 2] 2M (until February 2025) Gemini (from March 2025) 3 CMA CGM France: 3,635,418 634 12.7% [Note 3] Ocean ...
The platform, which connects airlines, ocean liners, trucking carriers, forwarders, and importers or exporters, facilities over a million annual transactions across 55 carriers. [3] It also provides rate management and quoting software for freight forwarders and carriers through WebCargo by Freightos, a subsidiary acquired in 2016. [4] [5]
The Forwarding division carries goods by rail, road, air and sea under the DHL brand and includes the DHL Freight operation which runs a ground-based freight network covering Europe, Russia and traffic into the Middle East. In 2016, this division's revenue declined by 7.7 percent to €13.7 billion, but earnings before interest and taxes (EBIT ...
Its portfolio of services also grew to include transportation management, freight consolidation, contract packaging, contract manufacturing, demand planning and other supply chain services. In May 2000, NFC plc merged with Ocean Group plc and, adopting the name of its American subsidiary, became Exel plc . [ 3 ]
An ocean transportation intermediary (OTI) is a company that is licensed by the Federal Maritime Commission (FMC) to operate in the United States as an ocean freight forwarder, non-vessel operating common carrier , or both. [1]
1997: Don Orris, chairman and CEO, founds Pacer International when he begins acquiring the 14 small-to-medium-sized companies in transportation, third party logistics, intermodal marketing, drayage, and ocean transportation. 1999: Pacer acquires APL Stacktrain and operates the new business unit as Pacer Stacktrain.
Röhlig Logistics is an owner-run intercontinental sea and air freight business. Röhlig has over 150 offices in over 35 countries on all continents, with more than 2,700 employees. [1] In 2023, the company generated gross sales of € 1.2 billion, with an EBIT profit of € 20 million. [2]
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