A Salesforce-based logistics software provider has established a critical goods network to link suppliers, buyers, and 3PLs that wouldn’t ordinarily be connected to one another.
Thursday May 28, 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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Webcasts
May 28, 2020 2:00PM EDT
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News & Analysis
26 May 2020
Expeditors has acquired Fleet Logistics, pulling digital forwarding capabilities into the arsenal of the trans-Pacific’s largest non-vessel-operating common carrier.
26 May 2020
Forwarding software providers continue to link up to provide amplified value to logistics companies, the latest example being SimpliShip and Qwyk teaming to provide rating and quoting tools to an Asia-based forwarder alliance.
25 May 2020
Partnerships between digital freight brokers and TMS providers continue to be formalized, which should benefit shippers looking for extra sources of capacity in their core transportation planning and execution systems.
25 May 2020
The Marseille-based startup technology incubator’s newest cohort features a duo of companies aiming to automate the trade compliance and administrative work done by logistics providers on behalf of shippers.
22 May 2020
Tightening truck capacity will collide with rising freight demand by 2021, flipping pricing power back to truckers next year, Coyote Logistics predicts, but consumer behavior is a wild card.
20 May 2020
Digitally-oriented freight broker Loadsmart, backed in part by Maersk’s venture fund, has begun offering a product that stitches together drayage, transload, and truckload operations.
19 May 2020
project44 is ramping up the multi-modal nature of its visibility offering, another signal that shippers are craving single environments that connect all modes and regions.
19 May 2020
A partnership between airfreight software specialist WebCargo and cargo airline management platform IBS will enable carriers to quote more efficiently, and electronically, to forwarders.
19 May 2020
A container line consortium that has tackled a range of shipping standards since launching in April 2019 now plans to drive adoption of electronic bills of lading, a standard that has long evaded adoption.
18 May 2020
Combining FedEx’s logistics network with Microsoft’s AI, machine-learning, and cloud-computing capabilities, the companies plan to offer much more granular, near-real-time visibility for entire supply chains, as well as individual shipments.
18 May 2020
Expectations for capacity, demand, and pricing across transportation modes in 2020 have been shattered by the COVID‑19 pandemic, resulting in recession.
14 May 2020
Regulators are expanding the area covered by the short-haul exemption to trucking hours of service rules, and that brings opportunities to drayage and e-commerce delivery carriers.
14 May 2020
Automation software provider RPA Labs has been backed by a group of supply chain-focused investors as it seeks to equip third-party logistics providers with pre-built process “bots.”
12 May 2020
OL USA, an NVO led by industry veteran Alan Baer, is using software from Blume Global to provide visibility and disruption recovery capability akin to larger and more well-capitalized competitors.
11 May 2020
A refrigerated rail service sold by Union Pacific Railroad to shippers has shut down amid the COVID-19 downturn in volumes and competition from rival BNSF Railway and other large IMCs.
11 May 2020
A warehouse robotics integration platform has secured a venture capital investment to help contract logistics providers and shippers cope with the plethora of automation systems.
08 May 2020
JOC’s Spot Intermodal Savings Index hit an 14-month low in a preliminary April reading, the first snapshot of how the COVID-19 pandemic has altered the math on how much money intermodal can save a shipper.
04 May 2020
Process automation is already a feature of logistics technology investment, but the drivers for that investment are changing from cost reductions to business empowerment.
30 Apr 2020
The COVID-19 crisis will push the freight transportation industry closer to a future where digitalization is nearly omnipresent, automation is ingrained, and logistics has adapted to slower trade as the economic windfalls of globalization fade further.
30 Apr 2020
The largest US logistics provider is prioritizing technology spending as the COVID-19 pandemic demonstrates why more automation and digitization is needed.
28 Apr 2020
The COVID-19 pandemic has flipped UPS’s business, with nearly 70 percent of package volume now residential. That means more mileage, more stops, and more costs.
23 Apr 2020
Venture capital investment is beginning to flow toward logistics providers that ease the freight and trade compliance burdens on US-Mexico cross-border shippers.
22 Apr 2020
A spike in demand for less-than-containerload (LCL) service suggests US importers are limiting shipping costs by not importing items that may not sell during the COVID-19 pandemic.
17 Apr 2020
As blank sailings pile up on the major east-west trades, the forwarder Kuehne + Nagel updated its Sea Explorer to offer more detailed information on ocean freight service schedules and predicted port arrivals.
16 Apr 2020
XPO Logistics CEO Bradley S. Jacobs believes the US and global economies will recover in “fits and starts” in the second half of 2020, and supply chains will become more resilient.
15 Apr 2020
Logistics startups are facing a new reality in which funding rounds are likely to be smaller, recurring revenue expectations will be higher and valuations will be greater for subscription-based software than for digital brokers and forwarders.
13 Apr 2020
Widespread business shutdowns will plunge third-party logistics providers and truck freight brokers into “trench warfare” over pricing, and contribute to bankruptcies that could threaten capacity.
07 Apr 2020
Online platforms to check rates, procure capacity, and track freight are not new, but forwarder Kuehne + Nagel is testing whether an intra-Asia-specific platform will accelerate uptake of such an approach.
07 Apr 2020
Youredi is the second integration specialist is providing connectivity to a new track and trace container standard developed by the DCSA, a consortium of liner carriers pushing for common protocols and processes in the container shipping.
06 Apr 2020
Supply chain risk monitoring tools have largely been seen as a luxury, not necessity, but COVID-19 is likely to change the industry’s thinking about their ability to adapt to massive disruption.
06 Apr 2020
The 50 largest US trucking operators in the United States saw revenue growth throttle back considerably in 2019, but 2020 is shaping up to be even worse.
03 Apr 2020
Surging e-commerce volumes continued to drive growth among the 50 largest global logistics providers in 2019, but excluding Amazon, revenue not only decelerated, it actually fell from the previous year.
02 Apr 2020
Singapore-based carrier ONE plans to roll out globally an electronic bill of lading through its customer portal starting in the second quarter of 2020.
31 Mar 2020
Slync has made quick progress in landing large forwarders as customers for its automation software, securing an $11 million funding round to fuel its growth despite COVID-19 making investors more conservative.
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Commentary
When logistics technology hurts more than helps