Alibaba to buy additional stake in Cainiao Smart Logistics Network for $807m
Alibaba has agreed to acquire an additional stake in Cainiao Smart Logistics Network for around RMB5.3bn ($807m).
Bolloré Logistics opens new multimodal hub at Le Havre port in France
Bolloré Logistics has opened a new multimodal hub at Le Havre port in Normandy region of northern France.
ClearMetal secures $9m funding to deliver AI operating system for global supply chain
ClearMetal, a predictive logistics company, announced that it has secured a $9m million series A funding round to further expand its platform to empower the future of AI-driven supply chains for manufacturers and retailers.
Twin Eagle Sand Logistics acquires terminaling asset from Process Transloading Bridgeport
Twin Eagle Sand Logistics, a subsidiary of Twin Eagle Resource Management, has acquired a frac sand terminaling asset near Bridgeport in West Virginia from Process Transloading Bridgeport.