US shippers’ acute need for truck capacity is driving activity in the dedicated contract carriage market, including Penske Logistics’ acquisition of Black Horse Carriers.
Thursday December 3, 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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Dec 3, 2020 4:00PM EST
Dec 10, 2020 2:00PM EST
News & Analysis
01 Dec 2020
Flock Freight, which uses software to aggregate less-than-truckload (LTL) shipments into multi-stop truckloads, has received more than $100 million to expand its alternative to the hub-and-spoke model.
01 Dec 2020
E-commerce growth has driven appetite for on-demand warehousing space, which propelled software provider Flexe toward a $70 million funding round Tuesday.
24 Nov 2020
The holiday season began with strong on-time last-mile delivery rates for FedEx, UPS, and USPS, but consumers are likely to see one- to two-day delays during an unusual 2020 holiday season.
24 Nov 2020
Yang Ming has joined the growing list of container lines to offering a digital quoting and booking channel, with its use of software from BlueX Trade also a sign that this trend is taking root in Asia.
24 Nov 2020
Toronto-based freight marketplace Shipz has partnered with a trio of software firms to enable users to access to adjacent tools, part of a continuing trend of forwarder-focused technology providers partnering to augment their value.
24 Nov 2020
New York–based new trade compliance automation startup Altana AI has designs on creating a new version of much-maligned trusted trade cargo facilitations programs.
17 Nov 2020
Digital forwarder Forto has snared its second large funding round of 2020 based on a three-fold growth in its ocean freight this year.
17 Nov 2020
DCSA and BIC have built a database of 11,000 depots, container yards, maintenance and repair vendors, and other supply chain container facilities in 160 countries.
17 Nov 2020
The growth of e-commerce, higher shipping costs, and limited capacity available from traditional last-mile operators have prompted third-party logistics (3PL) providers to expand into last-mile services.
11 Nov 2020
For some DHL Global Supply Chain’s contract logistics customers, they had no choice but to create new and expand existing channels as lockdowns shuttered brick-and-mortar stores.
09 Nov 2020
Small package optimization and analytics firm ShipMatrix is launching a third-party, non-asset package management service to tap US Postal Service capacity for e-commerce shippers.
05 Nov 2020
Rebid freight now or wait for what may be a calmer first quarter? That’s the question US truck shippers face, Echo Global Logistics chairman and CEO Doug Waggoner says.
03 Nov 2020
Twill started as Maersk’s play in the neutral digital forwarding space, but it has shifted its focus to funnel small shipper volumes into Maersk’s logistics and vessel operations network.
02 Nov 2020
The widely-used supply chain modeling software provider LLamasoft was acquired Monday by a procurement solutions maker in one of the biggest deals of late for a pure supply chain technology provider.
02 Nov 2020
Maersk’s integrator strategy is not affecting the carrier’s forwarder customers in a universal way, since the various elements of the transformation impact different sized intermediaries in varying ways.
28 Oct 2020
A network of major banks in Singapore has signed an agreement with CargoX, which provides electronic bills of lading to the shipping industry, to underpin the network’s trade finance capability.
22 Oct 2020
Freight brokerage software provider Parade has set up direct integration with two companies that focus on digitally enabling small carriers, which gives brokers using Parade access to that capacity.
21 Oct 2020
Margin transparency is taking root among early-stage freight brokers, with cross-border 3PL Forager saying Wednesday it will provide clear pricing and service fees on any quote provided on its platform.
20 Oct 2020
System integration provider Youredi is trying to attract logistics and maritime companies to help it build a new template-based integration platform for data and partner connectivity.
20 Oct 2020
A new set of data definitions for terminals and container lines to coordinate port calls was released Tuesday by the Digital Container Shipping Association, the non-profit group’s latest attempt to drive standardization in the maritime industry.
16 Oct 2020
As shippers and forwarders scramble for effective ways to consume visibility data, software providers are finding new angles to sell their products in a competitive market.
15 Oct 2020
Container allocation capability among cargo owners is improving, but digital procurement is still not all that common, logistics technology veteran Martin Hubert told JOC Uncharted this week.
14 Oct 2020
The long run-up in spot market truckload rates and truck freight demand may be reaching its peak, but don’t expect a quick descent, speakers at the Transplace Shipper Symposium said Wednesday.
13 Oct 2020
Volatility in the air freight market is translating into lower quote acceptance levels and growth in the spread between average quotes offered and those chosen by shippers, the spot procurement marketplace Cargobase said.
09 Oct 2020
Technology providers in the logistics industry are gearing their solutions around shippers’ need to think of product availability above freight visibility as demand and supply variability swing beyond normal patterns.
09 Oct 2020
Shippers are modifying their approach to truckload contracting, using more short-term “mini-bids” than ever before and turning to technology to improve a process that often breaks down when market prices swing quickly.
08 Oct 2020
The number of freight marketplaces for international shippers and forwarders continues to expand with Canada-based Shipz now providing a platform for mid-market cargo owners and the forwarders that serve them.
06 Oct 2020
The freight broker Transfix is providing small carriers with free standalone operational technology to align their capacity availability with needs from the company’s shipper customers.
02 Oct 2020
A private equity group has plunged $500 million into Uber Freight, signaling that longer-term investors believe the business model of digital freight matching will gain traction in the years ahead.
30 Sep 2020
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.
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.
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