Logistics Technology News

In launching TruSygnal, Burns Logistics CEO Ed Burns wanted to provide a way to allow small carriers to create relationships with shippers that typically shy away from brokers.

Rapidly growing occurrences of cargo theft in the US have compelled two early-stage technology companies to use data around truckload movements to assist law enforcement.

The $12 million investment in Cargado will be used to expand the load board with other tools for freight brokers to tap into cross-border freight growth.

The partnership will see SMC3 provide less-than-truckload rating, booking and tracking data into Turvo’s transportation management system, which primarily serves US freight brokers and third-party logistics providers.

Firms sourcing from Vietnam, India or Mexico rely heavily on components, raw materials and equipment from China, which will remain an essential link in the production supply chain even if it’s no longer the only one.

Ongoing supply chain disruption and a significant increase in trading of container freight futures among speculative investors could accelerate the adoption of financial hedging tools among shippers and other physical industry players.

In a move to better utilize its leased pool of trailers, Uber Freight has partnered with software vendor Optimal Dynamics to bundle loads for drivers across 10 trailer pool locations.

Acquisitions continue in the domestic freight market, with Descartes buying 3GTMS to continue a decade-long spree of purchases.

While shippers might have expected ocean carriers to make application programming interfaces widely available by 2025, negative incentives have inhibited that progress.

The explosion of logistics software-as-a-service tools is leading shippers to build data foundations that reside outside of their internal systems.

The visibility market has bifurcated into standalone vendors too small to be captured by Gartner’s “Magic Quadrant” report and larger vendors whose platforms extend far beyond what the report evaluates.

Digital forwarders that emerged over the past decade are coming of age in the era of AI, but not all will make it to the other end.

Acquisition activity in the truckload space continues, with price benchmarking vendor Greenscreens.ai the latest to sell.

Shipper, forwarder and customs broker associations want to see the members of the Digital Container Shipping Association accelerate efforts to create interoperable process standards.

Automation of the customs entry process, which software provider Magaya announced this week, is being enabled by advances in data extraction from emails and offline files.

project44 is the latest established software provider to release a suite of artificial intelligence agents amid a torrent of startups building tools for logistics providers and shippers.

A new report from software vendor Kaleris has found that terminal operators around the globe believe they are providing better visibility data than shippers say are they receiving.

Unstructured data, security concerns and value questions are holding back the progression of technology in the breakbulk industry.

Regulatory uncertainty around the allowance of digital trade documents is one factor that has slowed the adoption of electronic bills of lading in the shipping industry.

DSV CEO Jens Lund said the size of the Schenker acquisition meant it could take up to two years before the companies were fully integrated into the world’s largest forwarder.

GenLogs uses a network of highway sensors to help freight brokers manage freight fraud and also identify sales and capacity opportunities.

A startup founded and backed by ex-Flexport sales executives is aiming to help shippers manage the flood of outbound sales efforts they receive from logistics providers.

A handful of companies unveiled new products in the last week intended to enable decision-making based off the visibility data they provide.

The US is seeking to amend rules regarding so-called de minimis shipments, which have skyrocketed since the pandemic.

Shippers have long outsourced drayage to third parties, but farming out allocation decisions to managed transportation providers threads the needle between access to capacity and neutrality.

The acquisition is part of a surge in logistics M&A transactions aimed at simplifying access to systems and services for shippers and brokers.

More uptake of transactional pricing in the less-than-truckload market is a sign that some carriers are targeting smaller or more infrequent LTL shippers.

Shippers must weigh the merits of a single-source relationship on drayage through key ports over splitting volume among regional and national carriers, or even brokers.

The deal will see Acuitive Solutions’ AcuAudit product integrated into Cass’ freight audit and payment platform, one widely used by large shippers.

Acquisitions, new product releases and fresh investment among companies catering to truckload brokers speak to an industry wrestling with the need to make things easier for customers.

The acquisition of Trucker Tools will give DAT access to carrier positioning data to arm its truckload broker customers.

Advent eModal, a three-decade landmark provider of fee collection and appointment scheduling at container terminals, has been sold by private equity group Blackstone to air cargo software specialist CargoSprint.

Generative AI is changing the nature of core freight brokerage processes, potentially impacting the amount brokers earn and how employees get paid.

Freight brokers large and small are testing software, including the tools developed by Vooma, that automate core functions such as quoting, load building and tracking.

The two biggest transportation visibility vendors in the market have been battling each other in court since 2019 but can now refocus on winning market share.

NYSHEX is making a renewed effort to solve the fundamental problem of ocean container supply chains, promoting the use of index-linked contracts to build contract integrity and certainty.

The use cases for sensor-enabled container fleets could expand if shipping lines see such hardware as a legitimate tool to combat the threat of illicit goods movement.

By connecting to forwarder-customers of software vendor e2open, Freightos is continuing its push to develop electronic booking capability in the air freight industry.

A dearth of consolidation means there are still plenty of visibility vendors for shippers to choose from, but it also means the market as a whole is on somewhat unsteady ground.

GenLogs, founded by an ex-counterterrorism expert, is offering shippers and brokers a way to track lost trailers and trucks as cargo theft booms in the US.