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

Warehouse supply chain.
25 Jan 2019
Capacity may ebb and flow, but e-commerce will keep pressure on shippers to adopt technology and review supply chain strategies, says DHL Supply Chain’s Jim Monkmeyer.
A truck being loaded.
25 Jan 2019
Sharing information on shipments digitally will help companies make more efficient use of existing capacity.
Blockchain pyramid.
24 Jan 2019
While blockchain has captured the imagination of the logistics world, it's important for most to focus on the application layer (actual solutions) and not so much on the underlying structure.
Port of Oakland.
23 Jan 2019
Shippers are starting to see the beginning of the pipeline of value-added services, but the rollout won’t make a splash like the deployment of a mega-ship.
A truck travels in California, United States.
23 Jan 2019
The hefty capital injection for NEXT, announced Wednesday, places it among the biggest individual raisers of capital in the most recent wave of logistics technology startups.
Blockchain infographic Jan. 2019.
22 Jan 2019
Shippers have largely struggled to understand the benefits blockchain technology brings to their supply chain and at what cost.
Technology and shipping.
22 Jan 2019
New software is emerging that can sift through multiple formats, offering an accelerant to adoption by shipper and forwarders.
Logistics providers.
22 Jan 2019
The year 2018 was a volatile, challenging year for shippers, and 2019 is showing few signs that it will be any different.
Global logistics providers.
17 Jan 2019
The consolidation moves among large forwarders have drawn a mixed response.
Trucks travel on a US highway.
16 Jan 2019
Schneider's adoption of the new systems places in stark relief the need for brokers to differentiate.
Port of Veracruz.
15 Jan 2019
Shippers that export goods from Mexico may find the process faster and more reliable under a blockchain project in development at the port of Veracruz.
Global trade and logistics technology.
14 Jan 2019
Shippers' conundrum: if carriers are poor at arriving on time, why do shippers believe those carriers will be better at providing data in a timely manner, much less a predictive one?
Logistics technology and global trade.
11 Jan 2019
A host of technology providers in the North American surface transportation space have released tools to access previously hidden capacity.
Cargo being unloaded.
10 Jan 2019
It is time for forwarders to shake off the shackles of being conservative and take back the headlines from the new market entrants who like to call themselves disrupters.
Port of Oakland.
10 Jan 2019
If there was ever a year when the outlook for reliability in the system was more clouded, 2019 and into 2020 would take the prize.
Technology and shipping.
08 Jan 2019
Fissures have appeared, ranging from member frustration in standards-setting organizations to deeper concerns about the viability of the technology in the container shipping space.
The Port of Oakland.
03 Jan 2019
Here are a few certainties shippers and their transportation providers can bank on for 2019.
Distribution centers.
02 Jan 2019
Users of industrial space who are looking for the right location for additional space must be prepared to pay more, sector analysts say.
Logistics technology.
31 Dec 2018
Global 3PLs these days might feel like they’re in a vise grip.
Trucks at a port.
20 Dec 2018
A reservation system is one tool to improve fluidity, according to port officials, but the trucking community believes restricting access is a step in the wrong direction.
Trucks travel on a road in California, United States.
19 Dec 2018
The Phoenix-based company broke into the top 10 of North American brokers in 2018.
Technology and international shipping.
19 Dec 2018
TecPier plans to invest in maritime digitization opportunities in energy efficiency, online marketplaces, and process optimization.
The Port of Los Angeles.
17 Dec 2018
Providers such as Advent and GE Transportation are each constructing a system of systems at North American ports.
Maersk Line SeaLand.
14 Dec 2018
It's the latest sign of an ocean carrier strategy of trying to cut costs by pushing shippers to secure slots digitally.
Containers stacked at a port.
14 Dec 2018
One shipping-trade group representing foreign carriers in trade to/from India, questioned why authorities went live with the revamped, single window system without an adequate trial-run process.
Port of Antwerp.
13 Dec 2018
Among other findings, the McKinsey report provided further evidence supporting the thesis that automation technology incorporation in container shipping, and in particular at marine terminals, will likely be part science and part art.
Trucks delivering and picking up containers at a port
13 Dec 2018
There is almost assuredly no one system that will solve inefficiencies, especially in a large port complex with a dozen independently operated terminals like Southern California, speakers at the JOC Port Performance North American Conference in Newark, New Jersey, said this week.
Trucks being loaded.
12 Dec 2018
Matt Kane hopes new services, including factoring and insurance, will draw more truckers and shippers to his ‘no-broker’ loadboard, MyRiteLoad.com.
Two container ships near Rotterdam port.
12 Dec 2018
Two variables shippers will have to determine that will likely influence the instant quote practice’s acceptance/rejection are — will the shipper's business model benefit from an instant quote and an immediate booking? And how much of a premium are shippers willing to pay to obtain them?
Containers stacked at a port.
12 Dec 2018
“PCS 1X is a cloud-based, new-generation technology, with a user-friendly interface. This system seamlessly integrates eight new stakeholders, besides the 19 existing stakeholders from the maritime, trade on a single platform,” a Ministry of Shipping statement said.
11 Dec 2018
Sponsored: Amber Road's Ty Bordner on the siloed landscape of GTM and the structure needed to reveal value within data. At the 2018 JOC Logistics Technology Conference, Bordner provides his thoughts on the primary tech challenges facing the market and the future of the industry.
A truck travels on a US highway.
10 Dec 2018
Automating often ignored ‘behind-the-scenes’ systems can bring big benefits, including savings and improved customer service, says Echo Global Logistics CEO Doug Waggoner.
CMA CGM and Traxens Technology.
10 Dec 2018
CMA CGM (India) said the smart container was loaded onto the CMA CGM Tosca at Jawaharlal Nehru Port Trust on Nov. 30, destined for Marseilles, France.
A container ship at sea.
07 Dec 2018
The new tools provide peace of mind for a segment of shippers who want web-based booking tools, and also offer a path to value/service differentiation for ocean carriers. But what happens to the value proposition of NVOs and their decades-long relationships and nuanced, specialized services?
Blockchain technology and container shipping.
06 Dec 2018
The challenge of taking blockchain pilots and proofs of concepts to wide-scale adoption is that the latter requires a broad adoption from a range of parties. But with a smart contract, that requirement is much smaller.