NullShip selling counterfeit postal labels, FreightWaves investigation finds

Ravi Singh was intrigued when a company promising low shipping rates reached out to him on LinkedIn.  Singh, CEO and founder of 3PL warehouse Singh Logistics, was contacted in July 2023 by a representative of NullShip Shipping Solutions, a Florida-based company claiming to offer “easy shipping fulfillment at the highest discount rates from world-wide known…

FreightTech Friday: Alvys raises $20.5M to accelerate tech development

Logistics software provider Alvys announced Monday it has closed its Series A with $20.5 million in funding led by Titanium Ventures, with participation from Picus Capital and existing investors RTP and Bonfire. The company is looking to continue to develop its current offerings and support customer growth. Alvys has raised about $30 million to date….

State of Freight for July: ‘Bullish’ market coming for freight economy

FreightWaves’ State of Freight webinar for July offered a wide ranging discussion on everything from trucking bankruptcies, a surge in West Coast imports, to what a second Trump presidency could mean for the supply chain. Craig Fuller, FreightWaves CEO and founder, said, “For many people, the presidential race is in many Americans’ minds, looking more…

FedEx opens first European Life Science Center in the Netherlands

FedEx Corp. on Thursday (NYSE: FDX) opened its first European Life Science Center, with capabilities to receive, store, kit, pick, pack and ship health care products. The state-of-the-art cooling facility in Veldhoven, Netherlands, offers an end-to-end supply chain solution for temperature-sensitive medical storage and transportation, according to a news release from the company. This enhances…