Forwarding software providers continue to partner in ways that create broader value than single applications are able to, the latest example being Portrix and Freightender connecting rate and tender management solutions.
Thursday October 1, 2020
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Logistics Providers
Logistics Providers
In-depth coverage of freight-forwarders, including the latest quarterly earnings mergers and acquisitions, and news about new technologies that promise to improve productivity, and reduce costs for freight forwarders, shippers, carriers and other stakeholders in the global trade community.
From the leading forwarders – such as DHL, Kuehne + Nagel, DB Schenker, Flexport, DSV, Expeditors, Panalpina, Nippon Express, UPS, Bollore Logistics, Ceva, Hellman and Geodis – to the smaller forwarders, JOC not only keeps the shipping community up to date with the latest headlines, but explains which news developments are likely to have a long-term impact on their supply chains and those of their customers.
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News & Analysis
29 Sep 2020
A freight payment vendor catering to international logistics providers has snared $35 million in funding to enable freight bills to be paid online and improve payment accuracy.
25 Sep 2020
Criticism of the truckload broker Convoy for using venture capital to expand its market share reached a fever pitch this week based on a new offering that helps shippers sidestep the annual bid process, a product incumbent brokers claim is not as innovative as Convoy suggests.
23 Sep 2020
Similar to the current market in the trans-Pacific trade, container freight rates from Asia to the East Coast of South America have been buoyed by surging consumer demand and a rush of exports leaving China ahead of Golden Week.
22 Sep 2020
A new service from C.H. Robinson could replace the annual truckload bidding process with a more dynamic approach to procuring trucks and increasing savings across networks of freight lanes.
22 Sep 2020
Despite the decline in forwarder market share, more than half of the top 25 non-vessel-operating common carriers (NVOs) in the eastbound trans-Pacific trade handled more volume in the first eight months of 2020, with six recording double-digit percentage increases.
21 Sep 2020
With cargo volumes and spot rates out of Asia surging as the United States and other countries begin to climb out of the COVID‑19 recession, US importers are increasingly turning to non-vessel-operating common carriers (NVOs) to secure capacity.
17 Sep 2020
Forwarders can use logistics marketplaces to cater to small shippers that want to be able to secure international freight capacity, a group that is expanding during the COVID-19 pandemic, the head of Freightos’ marketplace told JOC Uncharted this week.
16 Sep 2020
German digital broker Sennder has scooped up Uber Freight’s European operations for an undisclosed amount, consolidating its position in a market defined by small carriers with employee drivers, not independent owner-operators.
14 Sep 2020
Visibility software provider FourKites has unveiled a product designed to help shippers better track arrival times and delays associated with individual purchase orders rather than entire shipments.
14 Sep 2020
A technology-focused forwarder in New York is using bots from automation startup RPA Labs to automate document management and response workflow for its customers, a signal that robotic process automation is making progress in logistics.
11 Sep 2020
UPS and Amazon are expanding capabilities at smaller airports in Kansas City and Tampa, respectively, to speed up last-mile deliveries.
10 Sep 2020
With the COVID-19 pandemic and concurrent crash in oil prices translating to fewer capital projects in the energy sector, some forwarders are cutting project specialists, while others increasingly see this expertise as a rare — and valuable — asset.
08 Sep 2020
CEVA will use widely used forwarding software CargoWise to replace legacy systems across its global network of offices as it attempts to match new customer-facing digital capability with a more streamlined back-end system.
08 Sep 2020
Uber Freight on Tuesday said it is providing large shippers with tools meant to complement their existing transportation management systems (TMSs), products that might signal an evolution from broker to software provider.
08 Sep 2020
Logistics software startup Terminal 49 is aiming to arm forwarders and other software providers with an API to more easily convey its container visibility data to shippers.
08 Sep 2020
Venture capital investors have come up with $4 million for TradeLanes, a software provider that helps exporters manage the logistics and compliance elements of trades to increase profit margin per shipment.
02 Sep 2020
Uptake in digital quoting tools at top container lines suggests every carrier will need that capability even if the usage and benefits of such tools aren’t yet clearly defined.
01 Sep 2020
Third-party logistics provider Transplace looks to expand its shipper customer base through the acquisition of LeanCor, a supply-chain company focused on lean manufacturing.
31 Aug 2020
Logistics software providers Qwyk and SimpliShip have jointly landed their second forwarding network as customers, signaling how small and medium 3PLs need technology to keep pace with larger competitors.
27 Aug 2020
Shippers need quicker access to carrier, rate information as lanes, customers, and pricing shift under COVID-19, C.H. Robinson says.
17 Aug 2020
NFI intermodal and its truck brokerage businesses will expand following logistics unit purchases from CAI International.
14 Aug 2020
Technology has the potential to solve long-running financing tensions between suppliers and importers, and logistics networks and service providers are likely to be the focal point for these solutions.
10 Aug 2020
Spot rates from Asia to both US coasts spiked by several hundred dollars last week as carriers in the eastbound trans-Pacific prepare to implement an Aug. 15 general rate increase.
06 Aug 2020
Amazon and UTi vet Ed Feitzinger has joined ClearMetal’s board, attracted by the company’s ability to translate visibility data in better supply chain coordination between large global shippers and their customers.
05 Aug 2020
The disruption and dislocation caused by the COVID-19 pandemic puts a premium on shipper visibility into LTL networks via digitization, as well as “touchless” pickups and deliveries.
04 Aug 2020
The less-than-truckload (LTL) industry is catching the wave of digitization transforming supply chains, as e-commerce heightens shipper demand for improved service and visibility.
04 Aug 2020
Uber Freight and CH Robinson announced links with accounting and ad hoc project software providers, a sign they need to extend their range of services to reach pools of small shippers.
04 Aug 2020
A tech-enabled cross-border truckload marketplace is giving shippers access to instantly bookable contract rates for up to a year as it seeks to build density with enterprise customers.
31 Jul 2020
With e-commerce demand surging during the COVID-19 pandemic, Amazon is taking steps to alleviate capacity constraints in its fulfillment facilities and last-mile delivery services.
31 Jul 2020
The Latin American market can leapfrog past its supply chain inefficiencies by using technology, but there’s an uphill climb to overcome inertia and differences between markets, a Chile-based forwarder told JOC Uncharted this week.
31 Jul 2020
Logistics managers have to negotiate dueling mandates around speed to market and carbon emissions reductions; a new tool from APL Logistics is designed to help them determine which metric is more important.
30 Jul 2020
Facing record US domestic volumes due to a surge in e-commerce deliveries, parcel, trucking, and third-party logistics provider in May implemented a temporary peak surcharge on some ground residential and SurePost deliveries as well as large packages.
28 Jul 2020
Maersk’s march toward providing supply chain management services and tools for shippers continues with the addition of a control tower software suite aimed at small and mid-sized shippers.
28 Jul 2020
The air cargo industry is gradually moving to electronic bookings between forwarders and airlines, but the evolution could still take time if previous digitization initiatives in the industry are any indication.
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Commentary
Logistics relationships ace tennis tournament test