London-based Beacon, the next generation freight forwarding and supply chain finance company, has raised over $15 million in its Series A fundraising round, with investors including Jeff Bezos, the founder and CEO of Amazon, and leading US venture capital firm 8VC. Beacon was founded in 2018 by CEO Fraser Robinson and COO Dmitri Izmailov, both former Uber executives. They were joined by CTO Pierre Martin, previously at Amazon, bringing together a management team with deep expertise in … [Read more...] about UK digital freight forwarder Beacon closes $15 million Series A fundraise, with investment from Jeff Bezos
Logistics
TT Club welcomes impetus given to electronic bills of lading development
The target of 50 percent of all bills of lading to be electronic within the next decade has been set by the Digital Container Shipping Association (DCSA). The international freight transport insurer, TT Club welcomes the commitment by the group of container shipping lines that together operate nearly 70 percent of the world’s capacity. The initiative is consistent with the increasing trend towards digitisation across the industry to improve efficiency and reduce costs. However, the current … [Read more...] about TT Club welcomes impetus given to electronic bills of lading development
Geodis supports rising medical company LabMed to supply health protection goods to Europe and North America
The Singapore based enterprise LabMed has entrusted global logistics company GEODIS to support the company’s growing activity in new markets by delivering urgently needed PPEs from Asia to the COVID-19 ‘hot-spots’ of Europe and North America. GEODIS is providing LabMed with customs brokerage, short-term storage solutions, and transport management services from LabMed’s factory in China via a distribution hub in Singapore to a wide array of international destinations including India, Malaysia, … [Read more...] about Geodis supports rising medical company LabMed to supply health protection goods to Europe and North America
CargoLogicAir implements CHAMP’s Weight & Balance solution for their resumed freighter operations
CargoLogicAir, the Great British Cargo Airline, has implemented CHAMP’s Weight & Balance solution - flying again to provide much-needed freighter capacity supporting the global supply chain in these challenging times. After suspending operations in February, CargoLogicAir (CLA) resumed operations in April with two B747-400F to transport personal protective equipment (PPE) for the UK’s National Health Service (NHS). While mainly operating to the UK, CargoLogicAir has also commenced … [Read more...] about CargoLogicAir implements CHAMP’s Weight & Balance solution for their resumed freighter operations
COCA Restaurants shuns ‘greedy aggregators’ and launches direct delivery service across Southeast Asia
Pioneering suki hotpot culinary group, COCA Restaurants, is seizing the difficult days that the region is experiencing due to Covid-19 by launching a direct delivery service across the region. The direct service gives 100 percent of delivery fees to drivers and offers customers a quality choice lacking currently by the delivery aggregators in the market. Moreover, COCA is able to guarantee a high level of hygiene, which can be controlled from start to finish, with all drivers tested for … [Read more...] about COCA Restaurants shuns ‘greedy aggregators’ and launches direct delivery service across Southeast Asia
WFS, Qatar Airways Cargo work side-by-side to race PPE supplies to French hospitals
Worldwide Flight Services’ (WFS) cargo handling team in Paris has been working tirelessly to rapidly process shipments of personal protective equipment (PPE) delivered by customer Qatar Airways Cargo for hospitals across France treating patients with Covid-19. WFS has been the airline’s cargo handling partner at Paris Charles de Gaulle Airport since 2000, providing warehouse handling and ramp handling for Qatar Airways Cargo services as well as trucking. Since the outbreak of Covid-19, … [Read more...] about WFS, Qatar Airways Cargo work side-by-side to race PPE supplies to French hospitals
