April 2018

£20m buyout at transport management software firm

A transport management software firm has been bought by a private investment company in a £20m deal.LDC has backed the secondary buyout of Mandata, which has a Leeds office and employs 60 people, in a deal which is  expected to accelerate organic growt…

Biggest Indian cargo company wants to build an Uber for shipping

By P R SanjaiAllcargo Logistics[1] Ltd. is emulating Uber Technologies[2] Inc. to boost its business of sharing marine containers.A unit of the Mumbai-based Allcargo, ECU Worldwide[3], which aggregates orders from clients, plans to use Uber’s model to …

Virgin Hyperloop One and DP World Plan Cargo Shipping Business

Richard Branson may also drop ‘Hyperloop’ from the company’s name.

Virgin Hyperloop One

Richard Branson-controlled[1] startup Virgin Hyperloop One is teaming up with DP World to launch a new company that will focus exclusively on shipping c…

UK’s New Home Secretary is the Son of a Pakistani Truck Driver

Sajid Javid, the son of a Pakistani bus driver, has been appointed as Britain’s Home Secretary following Amber Rudd’s resignation from the office.

The decision came after Rudd had decided to step down as Home Secretary, admitting that she had ‘ina…