Port software provider Portchain has grown the number of terminals using its berth optimization solution to two transshipment hubs in Europe as terminals seek to better align equipment, capacity, and human resources to vessel calls.
Tuesday October 27, 2020
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International Logistics
International Logistics
Logistics news, intelligence and analysis about the various components of the international logistics supply chain; including warehousing and distribution centers, refrigerated supply chains (“the cold chain”), advanced logistics technologies, and third-party logistics (“3PL”) providers around the world. Extensive coverage of companies in the JOC’s Top 50 Global Logistics listings, including DHL, Kuehne + Nagel, DB Schenker, CH Robinson, DSV, XPO Logistics, UPS Supply Chain, CEVA Logistics, Expeditors International and JB Hunt. [as ranked in the 2017 list, published in 2018]. Looking to the future, major global logistics firms are continuing to make significant investments in upgrading their technological platforms, so they can match the needs of shippers with the specialized capabilities of carriers. The major motivations for the adoption of new technologies continue to be a need to increase efficiency and lower costs despite the growing demands of customers for higher levels of customer service. JOC regularly publishes updated rankings of the major international logistics providers in terms of revenues.
News & Analysis
23 Oct 2020
Holiday surcharges are affecting the US parcel market as European counterparts grapple with higher cross-border fees.
23 Oct 2020
By folding in Damco, Maersk plans to provide an "end-to-end logistics solution," and if successful, is poised to gain enormous advantages over competitors.
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.
22 Oct 2020
TradeLens will use the integration specialist Youredi to offer data providers and consumers on its platform the option to connect their systems to the container visibility and documentation product co-developed by Maersk and IBM.
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
While demand momentum from the third quarter has extended into October, Kuehne + Nagel warned that maintaining current elevated levels through the end of the year is by no means a given.
20 Oct 2020
The 2019 data reflects growing e-commerce demand from consumers and the increasing heft of last-mile and parcel providers that help serve that demand.
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.
19 Oct 2020
Shippers contend with a lack of transparency when it comes to container lines communicating changes for the earliest return date for their boxes, creating operational headaches for cargo owners already affected by tariffs and COVID-19, new research has found.
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.
15 Oct 2020
TradeLens said Thursday that Maersk’s liner competitors MSC and CMA CGM are both “fully integrated” into the platform, which could make it more appealing for cargo owners and 3PLs to use the blockchain-based solution.
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.
14 Oct 2020
The rise in oversized items such as furniture and appliances purchased online has resulted in the need for reverse logistics processes to manage not only returns, but also resales and other disposal options.
14 Oct 2020
Austin-based software provider E2open, which caters to large global shippers and their logistics providers, is set to be pulled into a special purpose acquisition company, a new financial vehicle to expedite the process of taking companies public.
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.
12 Oct 2020
This year’s peak season promises to be tumultuous, but 2021 could be just as difficult for shippers as 2020.
12 Oct 2020
While the US small parcel market is dominated by FedEx and UPS, Amazon Logistics has emerged as a major last-mile player due to its rapidly increasing delivery capacity.
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
A widely-used drayage management solutions provider has added the truck parking marketplace SecurSpace to help drivers find parking and equipment storage options directly in their transportation management systems.
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.
30 Sep 2020
Retailers are partnering with gig delivery platforms to compete against Amazon and secure additional last-mile capacity during the holiday season.
29 Sep 2020
Forwarders, shippers and software providers connected to CMA CGM’s systems continued on Tuesday to sort through the effects of a malware attack on the Marseille-based container line.
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.
24 Sep 2020
The forwarding operations software provider Magaya has acquired rate management software stalwart Catapult to integrate quoting capability into its set of solutions for third-party logistics providers.
23 Sep 2020
Speaking at the virtual 2020 CSCMP Edge conference, Target’s Arthur L Valdez, Jr., forecasts a reinvention of retailing based on logistics and increasingly precise and rapid transportation.
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.
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