article thumbnail

MODE Transportation announces planned agreement to acquire SunteckTTS

Logistics Management

Earlier this week, Dallas-based MODE Transportation, a non-asset 3PL offering truckload, less-than-truckload, intermodal, ocean, rail, air, and managed transportation services, said it has entered into a definitive merger agreement to acquire Stanford, Conn-based SunteckTTS, a multimodal transportation solutions provider.

article thumbnail

MODE Transportation’s acquisition of SunteckTTS is now official

Logistics Management

Following the November announcement that Dallas-based MODE Transportation, a non-asset 3PL offering truckload, less-than-truckload, intermodal, ocean, rail, air, and managed transportation services, said it entered into a definitive merger agreement to acquire Jacksonville, Fla.-based

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Is there a connection between Incoterms® and the shipping line.??

Shipping and Freight Resource

Let’s analyse the questions starting with the definition of Incoterms®. First published in 1936, Incoterms® rules provide internationally accepted definitions and rules of interpretation for most common commercial terms. Commercial information includes details about the Incoterms®.

article thumbnail

Intelligent Automation, the Future of Supply Chain. Is the Logistics Industry Ready?

Blue Grace Logistics

Definitely not. This can improve multimodal transportation planning and also keep the customers updated with a more accurate expected time of delivery. Enhanced Visibility: A system empowered with smart technology like GPS and RFID can enable users to track shipments from pick up till the final delivery location.

article thumbnail

What to expect for Incoterms 2020

Now, That's Logistics

Plus, it can be applied to all modes of transportation, which makes it perfect for multimodal transport. But this could soon change and we may see the FCA Incoterm unfolding into two: one for land transportation and another for sea. One of the main advantages FCA offers is its flexibility with delivery location.

article thumbnail

Laem Chabang Port Grows Upon Their success in 2019 and Marches Forwards to 2020

Logistics Manager

Moreover, The Port Authority of Thailand, along with Digital Economy Promotion Agency (DEPA) are now pushing for a development of port management system or the ‘Smart Port’, which is part of the ‘Smart City’ project, aiming to bring efficiency to multimodal transportation for export-import operations within Laem Chabang Port.

article thumbnail

Multimodal Impact on Sustainability

Logistics Business Magazine

More so if the opted shipment network is multimodal. Multimodal transit, by definition, involves optimized usage of every possible mode of transportation to reduce overall shipping costs and also ensure a large quantity of product movement.