Trainline (UK rail/bus ticketing), acquired French Captain Train for $189 million.
Dynamo, a US tech accelerator focused on logistics, was launched with a $12 million fund.
A British aviation service company ordered 12 Lockheed-Martin blimps, each capable of carrying 47,000 pounds (20% of a 747’s cargo capacity). The blimps could be ideal for remote deliveries.
Uber-for-Trucking battle rages as Convoy raises $16 million dollars in a round led by Greylock. While domestic trucking is fairly automated, spare capacity leaves room for efficient cargo space usage.
As a result of tumbling oil prices and low carrier rates, Maersk dropped $2.5 billion in value in Q4 2015. Stocks have dropped 50% since last April (Reuters)
DAMCO launched an E-Commerce fulfillment program to 1,600 Chinese cities. Sellers orders must be submitted by EDI (January).