Expeditors reports both air and ocean tonnage up for first time since ’21

The first quarter at Expeditors International saw an increase in tonnage handled but a drop in revenues and an even bigger decline in the cost of acquiring transportation. However, it also marked a milestone: It was the first quarter since the third quarter of 2021 when year-on-year tonnage increased for both airfreight and ocean freight….

Aloha Air Cargo to cease Los Angeles-Honolulu freighter service

Aloha Air Cargo has decided to close its Los Angeles-Honolulu lane, effective June 1, because of weak demand, FreightWaves has learned. The route is marketed by Aloha, which signs customers and accepts bookings, but sister airline Northern Air Cargo flies a Boeing 767 for Aloha on a charter basis. Aloha operates the route five days…

Paxafe raises $9M, highlights 330% revenue growth over past year

Paxafe, an AI software provider for the cold chain market, announced Tuesday it has closed on a $9 million Series A funding round led by Framework Venture Partners with participation from Microsoft venture capital fund M12, Rosecliff Ventures, Elevate Ventures, AngelList Quant Fund, Gaingels and Mama Ventures. This round also included previous investors Ubiquity Ventures…

White Paper: 2024 Customer Service Trends in the Supply Chain

CX is Mission-Critical In today’s landscape, where high customer expectations define industry standards, assessing your CX is vital. Does it measure up? Explore DDC FPO’s report, 2024 Customer Service Trends in the Supply Chain offers an in-depth analysis, revealing: Evolution of customer expectations Strategic enhancements for competitive edge Data-driven insights for ROI growth Unlock actionable…