Logistics Technology News

Investor interest in digitalizing the logistics process continues to grow.

Most of the latest investment will be spent broadening the current focus on trans-Pacific routes to include other parts of the world.

A federal judge has allowed a bank to foreclose on and sell its interest in more than 1,500 Hanjin Shipping containers to repay the bank for owed lease payments.

Cargo booking exchange platform secures funding of $8.5 million from GE and Goldman Sachs, among others.

Maersk Line chief commercial officer Vincent Clerc lays out how technology will reshape global supply chains.

The system will help increase the number of New Panamax ships that can pass through the Panama Canal from an average of five a day at present.

Venture capital money is available to fund freight technology startups, if the fit is right.

Hong Kong fulfilment center takes aim at China's booming cross-border e-commerce market.

Freight management volumes increased “significantly” through the year and outpaced market growth, CEVA said.

The undeniably grim outlook for global container lines in 2017 nevertheless could brighten.

All four DHL divisions contributed to the strong performance.

UPS has not said whether it will seek damages following the ruling.

Distributed ledger technology is rapidly gaining interest in multiple industries as a secure and cost-effective way to facilitate transactions.

Suzue Corp. is the latest Japanese logistics company to deepen its involvement in the Southeast Asian nation.

E-commerce has heightened the sense of urgency regarding shipment visibility.

Since 2010, chemical companies have announced 264 new US projects totaling more than $161 billion in capital investment.

Panalpina faced a very challenging year in 2016.

Kuehne + Nagel posted a record result for 2016.

Bradley S. Jacobs knows a thing or two about about consolidation.

Jacobs said more ocean carrier consolidation is coming and more is needed.

“The Teamsters are out of control.”

As XPO gains global scale, it is blending disparate networks to offer new services to shippers.

Strong trade compliance protocols and abilities are critical to success in e-commerce.

More containerization in Russia would help cut transportation costs in the country.

APL Logistics' services related to retail, consumer goods, and high technology were sluggish.

Growing volatility in freight rates and future changes in supply chains that result from major revisions in trade agreements create a bigger market for electronic audit and payment services.

“It is impossible to talk about 2016 without saying UTi a great many times.”

Cross-border e-commerce will grow into a market worth nearly $1 trillion.

Large shippers seek integrated enterprise technology that provides greater visibility and control over execution and costs, but there's no "magic elixir."

The Maersk Group said its forwarding and logistics arm still has some way to go to improve its performance.

Japan’s largest freight forwarder managed to increase profit despite weak and falling revenue.

3PLs are confident that demand for their expertise and services will be strong, regardless of the policy directions the new US administration pursues.

Yusen Logistics fell into the red despite growing air and sea volumes.

Many of the 20 largest freight forwarders have only a basic, undeveloped online portal.

Donald Trump’s presidential election victory makes forecasting the future for third-party logistics providers more difficult than usual, given Trump’s unorthodox and unpredictable views on international trade.

Chinese e-commerce giant Alibaba has taken another step into the world of freight transport.

The number of NVOs registered with the Federal Maritime Commission has more than doubled since 1999.

New UPS subsidiary Freightex will work closely with US-based Coyote Logistics.

NFI's acquisition of Dominion Warehousing and Distribution is the latest of several cross-border deals between US and Canadian logistics and transport operators.

Maersk Line this week launched a mobile app that helps its Indian customers track and trace their shipments.