Page 45 - Ocean Network News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Investment to fund expansion and new product development CORAL GABLES, Fla., June 15, 2022 /PRNewswire/ -- Logistics payments and data infrastructure platform PayCargo has announced a new investment of up to $130M from funds managed by Blackstone Growth (BXG). BXG's investment will support the company's continued expansion both domestically and internationally, development of new products, as well as potential growth opportunities through M&A. "PayCargo is a category leader, operating at the intersection of several of our highest-conviction investment themes - including the co...

Investment to fund expansion and new product development CORAL GABLES, Fla., June 15, 2022 /PRNewswire/ -- Logistics payments and data infrastructure platform PayCargo has announced a new investment of up to $130M from funds managed by Blackstone Growth (BXG). BXG's investment will support the company's continued expansion both domestically and internationally, development of new products, as well as potential growth opportunities through M&A. "PayCargo is a category leader, operating at the intersection of several of our highest-conviction investment themes - including the co...

Cop-outs.

Automation is shaping up to be a key flashpoint in high-stakes contract negotiations under way between unionized dockworkers and the shipping lines and cargo handlers at U.S. West Coast seaports. The ocean carriers and terminal operators that control some of the country’s busiest gateways for seaborne container trade are pushing for greater use of robotic ...

The pathway to decarbonize shipping is fraught with various hurdles but some strides are being made, with the need to build a circular carbon economy, achieve heightened collaboration, and develop scalable zero-carbon fuels while also enhancing energy efficiency of ships being increasingly recognized as vital steps to achieve that goal, industry experts said at an ...