The amount of “creative destruction” that has occurred in the warehousing sector is hidden by the headline employment figures, say two JOC guest columnists.
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 Nov 2021
Redwood Logistics’ focus on system integration has extended to partnerships with international and domestic freight management systems providers E2open and Freightos.
23 Nov 2021
After a decade leading one of the world’s largest forwarders, Detlef Trefzger will step down as CEO of Kuehne + Nagel in the middle of next year.
22 Nov 2021
Searoutes, a startup focusing on calculation of freight transportation carbon emissions, has raised $2.7 million through venture capital and an environmental grant from the European Union in recent months.
19 Nov 2021
Teamsters rank-and-file members have elected critics of outgoing General President James P. Hoffa to lead the union in a more militant direction.
18 Nov 2021
Turvo has embedded ocean data from visibility provider OpenTrack to help shippers track container movements in a market where predictive insight into ocean is much in demand.
16 Nov 2021
The current supply chain crisis will come to an end at some point, and that end could be sooner and sharper than we think, writes JOC analyst Larry Gross.
16 Nov 2021
Third-party logistics providers (3PLs) are diversifying, acquiring and mixing services, as supply chain disruption pushes more shippers toward aggregators of capacity and capabilities.
15 Nov 2021
Maersk’s joint venture with Durban-based forwarder and terminal operator Grindrod — along with other recent purchases and partnerships — could be the start of a splurge of similar deals as a cash-rich Maersk strengthens its global logistics footprint.
10 Nov 2021
project44 is continuing its venture capital-fueled offensive to build a global, multimodal footprint by expanding in the Latin American market, where it currently has a limited footprint.
09 Nov 2021
Forwarder uptake of application programming interfaces (APIs) has been hindered by data quality issues and a perception that existing EDI infrastructure needs to be discarded, a new report has found.
05 Nov 2021
Bigger than expected gains in warehousing and trucking in October are welcome amid ongoing reports of labor shortages.
05 Nov 2021
Carriers have always wanted to change their relationship with shippers; now they have the right market to do it.
29 Oct 2021
Shippers distracted by a messy ocean freight environment are not focusing on correcting inaccurate invoices, often due to a reliance on general-purpose tools such as Excel and SharePoint to manage rates and tenders.
28 Oct 2021
Truckload pricing will continue to rise into 2022, with the “deflationary leg” of the market starting in the second quarter next year, Coyote Logistics said in its latest Coyote Curve forecast.
26 Oct 2021
DSV has banked a highly profitable third quarter and is expecting an equally positive full year, with executives unconcerned about potentially losing business to a certain integrated carrier.
26 Oct 2021
Despite a drop in total US containerized resin exports during the first seven months of 2021, volumes through Charleston, Virginia, and Savannah increased thanks to new packaging plants in those areas.
25 Oct 2021
Retail inventories are rising but remain 9.2 percent below the pre-pandemic high point in terms of value, and shippers are trying every possible strategy to avoid stockouts.
22 Oct 2021
International air freight and last-mile delivery saw the fastest revenue growth in the transportation sector last year, while industrial transportation suffered.
22 Oct 2021
DP World continues to expand its basket of digital services to complement investments it’s made in physical assets, all designed to funnel volume into its terminal operating network.
21 Oct 2021
C.H. Robinson Worldwide is linking its less-than-truckload carrier network to the retail platform offered by SPS Commerce to help shippers get retail goods onto shelves and avoid holiday stockouts.
21 Oct 2021
Kuehne + Nagel and Blume Global are partnering to provide the forwarder a way to manage existing and potential drayage partners in a more efficient manner as shippers focus on their needs at destination.
20 Oct 2021
FourKites is helping its customers tackle the management of detention and demurrage charges through a dashboard that help them prioritize containers likely to incur free time fees.
20 Oct 2021
The challenging conditions will continue to disrupt global supply chains into 2022, but forwarders have joined carriers in posting huge increases in profitability.
20 Oct 2021
Flock Freight is the latest logistics technology company to reach so-called unicorn status after landing a $215 million funding round led by SoftBank to expand its pooled truckload model.
19 Oct 2021
Choptank expands Hub Group’s refrigerated brokerage business as US shippers demand greater access to transportation capacity across modes and sectors.
19 Oct 2021
A funding round into Paris-based Wakeo is further evidence that investors believe the market for multimodal visibility isn’t slowing down, and that there is room for multiple players.
15 Oct 2021
A partnership between Transporeon and Roambee to marry telematics data with sensor-visibility data is a sign of the growing need for shippers to manage condition-sensitive shipments amid a congested global environment.
15 Oct 2021
Shipping and freight industry experts say the supply chain has entered a new normal where volatility and high costs are likely to remain in place for the foreseeable future.
14 Oct 2021
project44 is moving beyond freight visibility into booking through a new product that uses carrier location data to identify when truckload capacity is soon to be available for freight brokers to book.
14 Oct 2021
Vendorflow, a new platform to harmonize communications between logistics providers and the carriers they use, has secured funding from a range of venture capital investors with previous logistics expertise.
12 Oct 2021
The third-party logistics market is being reshaped in a crucible of ongoing supply chain disruption and technology, Transplace CEO Frank McGuigan told the JOC Inland Distribution webcast.
12 Oct 2021
Schedule volatility in the trans-Pacific, equipment shortages, and changing container delivery dates are preventing US agricultural shippers from capitalizing on what should be a strong year for exports.
08 Oct 2021
Brick-and-mortar and online retailers are growing their warehousing footprint near ports as a method to more quickly receive and handle ocean freight, and further their e-commerce goals.
07 Oct 2021
Warehouses at seaports and inland hubs are filled to capacity as operators find they must pay workers more competitive wages and benefits to attract the labor they need to handle peak season volumes.
05 Oct 2021
Beacon’s $50 million funding round, backed in part by notable investors like Jeff Bezos and Salesforce founder Marc Benioff, continues venture capital’s fascination with the digital forwarding model.
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Commentary
Operational agility crucial in this turbulent market
MTS providers need final-mile strategy to serve demanding shippers
Amazon makes quiet move into customs clearance, compliance
Logistics relationships ace tennis tournament test
When logistics technology hurts more than helps