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Logistics Technology News

Explore today’s cutting-edge global logistics technology news and analysis by the Journal of Commerce. Coverage includes logistics technology startups, logistics technology solutions, venture capital, management and impact, freight forwarder technology and the latest supply chain and logistics technology. 

The latest Logistics Technology News News & Analysis

Lack of system harmony constrains 3PL revenue growth

Eric Johnson, Senior Technology Editor |
Incumbent third-party logistics providers that manage an array of services are being challenged by digitally native upstarts who can provide single, unified platforms to shippers.
Logistics Technology News

CargoWise sets up direct feeds with carriers ONE, Zim

Eric Johnson, Senior Technology Editor |
CargoWise said its growing list of direct container line connections means 95 percent of ocean freight managed by its forwarder customers can be booked through direct carrier feeds.
Logistics Technology News

Product integrations, slowing economy behind FourKites layoffs: CEO

Eric Johnson, Senior Technology Editor |
Investors into logistics technology providers are focusing more on long-term profitability than growth at all costs, leading FourKites to join a growing list of companies to lay off employees to cut costs.
Logistics Technology News

FMC seeking shipper input on OSRA-mandated ‘emergency’ review

Eric Johnson, Senior Technology Editor |
While the FMC seeks input over whether to declare an emergency need for information sharing by container lines, the agency’s advisory committee has suggested setting up a parallel carrier group to improve dialogue.
Transport, Trade, and Regulation NewsLogistics Technology News

Slync.io looks to turn the page on Kirchner era with new leadership

Eric Johnson, Senior Technology Editor |
Slync.io’s widely reported payroll woes and the departure of its CEO last week have had a minor impact on the broader logistics industry due to the technology provider’s relatively small customer base.
Logistics Technology News

Convoy–DAT battle a sign of impending load board disruption

Eric Johnson, Senior Technology Editor |
Convoy’s counterpunching approach to being sued by load board provider DAT Freight & Analytics is as much about winning the battle of public opinion as it is about winning in court, a transportation attorney told JOC.com.
Logistics Technology NewsTruck brokersTrucking News

FMC to lean on DCSA standards for data-sharing plans: Bentzel

Eric Johnson, Senior Technology Editor |
An FMC data initiative that launched late last year involved industry stakeholder meetings with participants from container lines, shippers, forwarders, longshore unions, railroads, and technology solutions providers.
Logistics Technology News

Expeditors’ Q2 income gains shrug off falling ocean, air volumes

Michael Angell, Associate Editor |
Expeditors International said its revenue grew in the second quarter despite a drop in volumes as supply chain uncertainty kept freight rates at a premium.
Logistics Technology News

Duplicate ocean invoices plague exporter Scoular: audit

Eric Johnson, Senior Technology Editor |
Scoular, one of the US’ top exporters, discovered significant duplicate invoices from its ocean transportation providers in recent months, an issue likely to become more pervasive as regulators scrutinize carrier and terminal billing.
Logistics Technology News

DAT, Convoy embroiled in anti-competition legal battle

Eric Johnson, Senior Technology Editor |
Load board provider DAT and freight broker Convoy have sued one another over Convoy’s development of a product that DAT says is competitive with its own, violating a contract Convoy signed with DAT.
Logistics Technology NewsTruck brokers

Chain.io, Winmore partnership targets pricing speed for 3PLs

Eric Johnson, Senior Technology Editor |
The latest integration is a sign of continued strategic partnerships between logistics software vendors as they seek to amplify the value their solutions offer.
Logistics Technology News

Flexport, Nolan partner to track global, domestic freight

Eric Johnson, Senior Technology Editor; and William Cassidy, Senior Editor |
End-to-end visibility of the freight flowing across oceans and moving across the US is the goal of the partnership between Flexport and Nolan Transportation Group, giving shippers more control over modal choices and costs.
Logistics Technology NewsTruck brokersTrucking News

DB Schenker pulls parent group back into black

Greg Knowler, Senior Europe Editor |
German state-owned railroad Deutsche Bahn fell deep into the red during the pandemic, but the huge profitability generated by forwarding subsidiary DB Schenker has turned around two years of losses.
Logistics Technology News

Tive targets cold chain, last mile with cheaper, smaller tracking device

Eric Johnson, Senior Technology Editor |
The cost of physical devices to monitor freight shipments has always been a hurdle for providers, one that Tive is addressing through a new — and cheaper — shipping label-sized product that measures location and temperature.
Logistics Technology News

Falling rates to test shippers’ long-term contract resolve: DSV

Greg Knowler, Senior Europe Editor |
Multi-year contracts signed by shippers at the height of the ocean freight bull run may be less attractive as the market begins to soften, according to forwarder DSV.
Logistics Technology News

Shippers seeking outsourced logistics aid despite rise of self-service software

Eric Johnson, Senior Technology Editor |
Deciding whether to outsource key logistics functions is an existential question for shippers, one made harder by external dynamics being out of whack during the pandemic.
Logistics Technology News

Ocean rates past peak, but will remain elevated: K+N CEO

Greg Knowler, Senior Europe Editor |
Kuehne + Nagel shrugged off weakening air and ocean markets to post a record first-half result and expects its profitable run to continue through the next two quarters.
Logistics Technology News

ExFreight uses internal pricing capability to manage volatile market

Eric Johnson, Senior Technology Editor |
ExFreight’s transactional focus on pricing each leg of a container and air shipment has allowed the forwarder to navigate chaotic international markets over the past two years.
Logistics Technology News

project44 says layoffs designed to launch restructuring

Eric Johnson, Senior Technology Editor |
project44 executives say continued expected revenue growth and a healthy pipeline of new business cut against the notion that its move to let go of 63 employees is a sign of deteriorating fortunes.
Logistics Technology News

Vizion plots broader role in global supply chains with fresh funding

Eric Johnson, Senior Technology Editor |
Visibility data provider Vizion has landed its third venture funding round in 18 months, a $14 million infusion that it will use to expand its product offerings and geographic footprint.
Logistics Technology News

Maersk taps startup partner to offer visibility on forced labor exposure

Eric Johnson, Senior Technology Editor |
A range of US importers are at risk of violating new regulations over the involvement of forced labor in the goods they import, leading Maersk and technology vendor Altana AI to partner in a program to help shippers identify that risk.
Transport, Trade, and Regulation NewsLogistics Technology News

ExxonMobil, container lines testing eBL vendor interoperability

Eric Johnson, Senior Technology Editor |
The Digital Container Shipping Association is ramping up efforts to drive electronic bill of lading adoption by working with four technology vendors and a major shipper to ensure their products are interoperable.
Logistics Technology NewsContainer linesMaritime

Money still flowing into complex logistics tech market

Eric Johnson, Senior Technology Editor |
Recent funding rounds for Flexe and PayCargo are symbolic of the confusing market that logistics technology companies are navigating, with funding still available but harder to obtain than last year.
Logistics Technology News

AscendTMS, electronic insurance partner aim to aid small fleets

Eric Johnson, Senior Technology Editor |
Small truckload fleets want access to online insurance quotes and coverage, which led low-cost transportation management software provider AscendTMS to partner with trucking insurance specialist CarrierHQ.
Logistics Technology NewsTrucking News

CloudTrucks offers small carriers no-interest credit lifeline

Eric Johnson, Senior Technology Editor |
CloudTrucks is arming small carriers that struggle to get access to traditional credit lines with a product that facilitates routine operational expenses like fuel and lumper payments.
Logistics Technology NewsTrucking News

WiseTech’s Bolero buy signal of continued eBL progress

Eric Johnson, Senior Technology Editor |
Forwarding software provider WiseTech Global has waded into the fragmented electronic bill of lading space with the purchase of Bolero, an early provider of trade finance and electronic documentation tools.
Logistics Technology NewsContainer lines

Convoy injects brokerage tech into MercuryGate TMS

Eric Johnson, Senior Technology Editor |
Convoy has expanded existing relationships with transportation management software provider MercuryGate and forwarder Flexport to give brokers access to more automation and shippers access to transload activity.
Logistics Technology News

Sedna consolidates email automation space with startup acquisition

Eric Johnson, Senior Technology Editor |
Two logistics-focused email automation specialists are joining forces, with London-based Sedna acquiring San Diego-based Shelly to accelerate the former’s ability to automate email data extraction for logistics teams.
Logistics Technology News

Container sensor usage to explode through 2026: Drewry

Eric Johnson, Senior Technology Editor |
Container lines flush with cash will accelerate deployment of container sensors through 2026, spurred by pandemic-induced volatility and Hapag-Lloyd's April decision to equip its entire fleet, according to Drewry.
Logistics Technology News

Transporeon touts freight matching as solution to ‘double brokering’

Eric Johnson, Senior Technology Editor |
Freight procurement specialist Transporeon has added a freight matching component to its product suite to help brokers tender spot freight to carriers already in their network.
Logistics Technology NewsTrucking NewsTruck brokers

New partnership gives FourKites access to FedEx data trove

Eric Johnson, Senior Technology Editor |
FourKites will get access to previously internal shipment data from FedEx to train its predictive visibility system as part of a new planning and problem resolution platform called FourKites X.
Logistics Technology News

European tech provider targeting US container release bottlenecks

Eric Johnson, Senior Technology Editor |
Import automation provider Flowfox is working with some of the largest container lines and global forwarders to adapt its European container release product to US needs.
Logistics Technology News

Demand for digital truckload spot quotes rises as prices fall

William B. Cassidy, Senior Editor |
C.H. Robinson Worldwide says the changing trucking market is driving up demand for automated spot pricing quotes by double-digit percentages.
Truck brokersLogistics Technology News

Layoffs signal uncertain times in logistics tech sector

Eric Johnson, Senior Technology Editor |
Recent layoffs and delayed public offerings in the logistics technology sector offer clues that economic uncertainty over the health of the freight market is mirrored in the software world.
Logistics Technology News

Chain.io channels logistics integration needs into fresh venture investment

Eric Johnson, Senior Technology Editor |
Chain.io has landed an $11 million funding round to expand its basket of logistics-specific integrations to transportation management and operating systems used by forwarders and shippers.
Logistics Technology News

Flexport’s mystique meets cold reality of chaotic supply chain

Peter Tirschwell |
The pending arrival of Amazon’s Dave Clark as CEO of Flexport may signal as much about the forwarder's potential as it does about where it has fallen short in recent years.
Logistics Technology News

Cargobase expands to Mexico to ride manufacturing momentum

Eric Johnson, Senior Technology Editor |
Freight management software provider Cargobase is expanding into Mexico to tap into cross-border, near-shoring, and Latin American market opportunities for its procurement and execution tools.
Logistics Technology News

New Blume partnership aims to provide end-to-end visibility

Teri Errico Griffis, Associate Editor |
Blume Global customers will soon have more real-time data on supplier visibility and delays through a partnership with a risk-monitoring software company.
Logistics Technology News

Flexport leadership change suggests lack of market-defining progress

Eric Johnson, Senior Technology Editor |
Flexport CEO Ryan Petersen will hand over the reins to Amazon logistics vet Dave Clark, a move that shows the forwarder’s lure for heavyweight talent — and possibly an acknowledgement of slower-than-expected market share gains.
Logistics Technology News

project44, FourKites head of visibility class: Gartner

Eric Johnson, Senior Technology Editor |
Gartner’s annual examination of the real-time visibility market changed little from 2021 to 2022, with the analyst identifying standalone visibility providers as continued leaders for the in-demand market.
Logistics Technology News