Logistics Technology

Logistics Technology

Technology is now embedded in the very fabric of the way that freight moves across oceans and land. A major dynamic driving technology in logistics is the rise of e-commerce, which has heightened customer expectations in both consumer and industrial markets, and raised demands placed on logistics teams.
Another major factor is the flood of venture capital funding, underpinning hundreds of logistics technology startups, while serving to accelerate the overall pace of innovation.
The dizzying pace of new start-ups, new buzzwords and new information makes it extremely challenging to chart an intelligent, risk-averse path. For shippers, it can be confusing to decide which areas of their business make the most sense to invest in, which specific solutions to use to track their supply chain data and to evaluate their current systems and processes.
The logistics technology choices that ocean carriers make will have a significant impact on the overall direction of the logistics technology sector in the future, because much of the data that shippers need in order to optimize their supply chains originates within the data networks of those carriers. To maximize the benefits of such initiatives, the critical data must be accurate, and must flow through such channels as Electronic Data Interchange (EDI) and Application Programming Interfaces (APIs) in a timely fashion.
In an effort to improve the quality of this data, some ocean carriers are taking steps to collectively harmonize their data standards.

Commentary

Their up-front costs may be more, but the economies of scale for collapsible containers are even greater.

News & Analysis

17 Apr 2019
Container carrier Zim is the second independent line to join Maersk and IBM’s blockchain platform, with other European carriers poised to join, JOC.com has learned.
16 Apr 2019
Four of the world’s largest shipping lines received clearance this week to begin developing data standards through a new association designed to help carriers to tap more quickly into outside digital innovation.
16 Apr 2019
Pervinder Johar, CEO of visibility provider Blume Global, says investment from new owner Apollo Funds is “foundational” to the next stage in the company’s growth.
15 Apr 2019
Toll Global Forwarding is the latest global forwarder to offer instant quoting through a new three-year partnership with software provider Kontainers.
13 Apr 2019
Sponsored: DB Schenker's Executive Vice President, Ocean Freight, Trond Prestroenning discusses the new generation of logistics professionals and the more subtle, long-term industry impact of the larger societal shift in expectations for visibility and live data.
12 Apr 2019
Proliferation of low-cost transportation management systems, enabled by the rise of SaaS, means such tools are available to a wider range of shippers, carriers, and brokers than ever before.
09 Apr 2019
The e-commerce giant was one of Flexport’s largest customers last year, but the two may eventually compete in the still-nascent “logistics-as-a-service” market.
Eric Johnson, senior editor, technology, JOC,
09 Apr 2019
Eric Johnson, senior editor, technology, JOC,
09 Apr 2019
Research by Ocean Audit estimates Flexport moved more cargo than some of the forwarder’s skeptics assume, but less than the company portrays.
03 Apr 2019
Top 10 freight broker GlobalTranz continued its recent acquisition spree at the same time it was acquired by a former equity investor.
02 Apr 2019
The NYC Hackathon in late March widened the pipeline of technology talent that now understands the problems afflicting the maritime industry, although a lack of standard data formats remains a challenge.
28 Mar 2019
With roughly one-third of an average US inbound FCL container empty, the forwarder has created a product to match compatible LCL and FCL cargo, giving FCL shippers a discount to compensate for additional transit time.
Eric Johnson, senior editor, technology, JOC
27 Mar 2019
Eric Johnson, senior editor, te
26 Mar 2019
The social media titan is by no means the first to try to tackle cross-team collaboration and communication, but the ubiquity of its consumer platform may give the Workplace system an edge over lesser-known competitors.
26 Mar 2019
The Danish shipping giant has established a start-up accelerator in India that aims to help develop technologies Maersk can one day leverage back into its own digital transformation.
21 Mar 2019
A new product from the Zurich-based cargo sensor and tracking provider will provide banks and other financiers with increased visibility into freight moves and associated risk, allowing for faster deployment of capital.
20 Mar 2019
Modern software can be more than the sum of its parts thanks to the ease with which systems can integrate with each other via application programming interfaces (APIs).
19 Mar 2019
Experts tell JOC.com that although the development of data standards may not be a necessity for increasing deployment of technology in container shipping, it would accelerate the process.
18 Mar 2019
The technology provider, best known as a pioneer smartphone maker, is doubling down on its investment in sensor-based freight transportation asset tracking using its legacy location and battery technology.
12 Mar 2019
Carriers and 3PLs are using application programming interfaces (APIs) to connect with customers and software vendors to create broader ecosystems of data and functionality than can exist through EDI, email, and flat file sharing.
11 Mar 2019
Software provider project44 is looking to fill gaps in supply chain visibility, which it says occur most often at ports, rather than when cargo is at sea.
27 Feb 2019
VC-funded startups are joining established players in providing previously hard-to-get data around the critical transport legs between ports and distribution centers.
25 Feb 2019
JDA Software opening its supply chain platform up to outside development gives shippers more direct influence over future iterations of the firm’s TMS and WMS products.
25 Feb 2019
The tie-up between US Bank Freight Payment and project44 on less-than-truckload moves is yet another a sign shippers are looking for more than just in-transit shipment data and predictive ETAs.
22 Feb 2019
Heavy-duty truck orders are falling, but Class 8 tractors ordered in early 2018 are hitting the road.
21 Feb 2019
CEO Ryan Petersen tells JOC.com Flexport will use the new funding to build out its physical infrastructure and scale up its engineering team, not for mergers and acquisitions.
20 Feb 2019
US transportation markets are coming into balance, heading toward slower growth in volume and pricing in 2019, according to economic indicators and reports.
14 Feb 2019
Consolidation in the GTM software space and Maersk's purchase of customs broker Vandergrift are signs shippers want to more closely link logistics and compliance activities.
12 Feb 2019
Jack Oney, CEO, Oney Consulting and panelist at 2018 JOC Logistics Technology Conference on why he feels the "Amazon effect" on cargo shipping is overblown, differentiating what customers want versus what they need in a transportation management system (TMS), and identifying bottlenecks at origin.
05 Feb 2019
A brave new world of complex supply chains, consumer demands, and urbanization means problems rooted in truck capacity and driver availability are likely to get worse, regardless of the economic cycle.
Freight forwarder technology.
31 Jan 2019
Middle market software-as-a-service product is designed to democratize access to software tools that most small to midsize forwarders couldn’t afford to build themselves.
Blockchain and container shipping.
29 Jan 2019
New research shows blockchain technology has a way to go before convincing the majority of enterprises of its near-term value.
3PL Tech.
28 Jan 2019
Third-party logistics providers are investing more in management software that will improve relationships with customers.
CMA CGM.
28 Jan 2019
CEVA Logistics wants shareholders to bear in mind the benefits of its strategic partnership with CMA CGM and turn down a bid by the carrier, highlighting the growth inherent in the company.