A long-standing dispute between logistics technology providers ended with a $16 million payment from CargoSprint to PayCargo.
PayCargo won its trademark case against CargoSprint, which was hit with $11.6 million in damages.
PayCargo has become a force in the online payment of freight transportation bills and now offers coronavirus-impacted shippers and forwarders credit lines to smooth their cash flow.
Big cargo planes are dumping cargo faster than O’Hare, LAX and other airports can process it. That could mean a longer wait for your new favorite gadget.
