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Container tracking firm Traxens raises €23m, buys rival NEXT4, plots global expansion

France-based container tracking company Traxens has raised €23 million in a further funding round, led by existing investors, and at the same time acquired local rival NEXT4, which produces removable and reusable box trackers. Traxens, which counts Danish shipping giant A.P. Moller-Maersk (Maersk) among...

Smart ports: seven practical challenges for port authorities and terminal operators

The Marseille Fos port in southern France is leading the new French Smart Port in Med initiative, with an ambition to “build the port of the future”. It has a focus on efficiency, innovation, and environmental sustainability The initiative has received funding from CMA CGM,...