Logistics Technology News

Zim said the financial products are particularly needed amid a slowdown in freight demand as small and mid-sized businesses continue to battle significant financial friction.

Nuvocargo will use the new funding to expand its service footprint to all major over-the-road border crossings between the US and Mexico.

Chain.io CEO Brian Glick’s initial vision for the company centered around the idea of making logistics system connectivity open to all vendors to allow shippers and logistics companies to better utilize their software.

A proliferation of visibility vendors amid increased demand for container status events is putting pressure on the websites of carriers to support multiple requests for the same data.

End-to-end supply chain visibility remains an elusive goal for providers in a market where shippers are expecting better data quality than they have seen.

Trailer marketplace technology provider vHub estimates a quarter of truckload trailers are out of network for the nation’s carriers, with an abrupt shift in demand exacerbating that dislocation.

Flexport has lured a key figure in the development of Uber Freight and Coyote Logistics in a move likely to shake up the domestic third-party logistics market.

The growth in participation in FLOW is a signal that the private sector views the voluntary nature of the project as more amenable than governmental data-sharing mandates or legislation.

More than half of forwarders have migrated completely to cloud-based software, a study of 70 global logistics services providers has found.

Tethering purchase order technology to operations can help expedite drastic decisions, but pure software vendors offer a level of neutrality that logistics providers can’t.

The indictment also alleges Chris Kirchner attempted to cover up his financial activities and fired employees who raised questions about them.

A container tracking hardware vendor behind Hapag-Lloyd's deployment of dry box sensors is linking with supply chain visibility provider project44.

Flexport expects both enterprise customers and small merchants to tap into the last-mile and fulfillment network it acquired with Shopify Logistics.

Transportation observers believe the dueling complaints could have implications for the US spot truckload market because DAT is a primary source of available loads that brokers and carriers use to fill their pools of owned or third-party capacity.

Echo Global Logistics, Coyote Logistics and prominent transportation management system vendors Oracle and e2open are among new members adding momentum to a truckload appointment scheduling initiative.

Human intervention is necessary to ensure that AI is adapted into shipping in a measured way, as quality decisions are dependent on quality data, attendees at the Journal of Commerce’s Breakbulk and Project Cargo Conference were told.

The scale of PSA International’s ambitions to expand its reach beyond its 60 container port terminals by leveraging the acquisition of a non-asset-based global logistics provider parallels Maersk’s own integrator ambitions.

Integration specialist Prompt Global has connected CargoWise with key visibility provider FourKites to save forwarders money and time aligning cargo milestones with transportation management.

The addition of a new location in Singapore is meant to help supply chain technology accelerator ZEBOX reach a “strategic gateway to the Asian market,” it said.

Data from eBLs issued via GSBN’s infrastructure will also be used to electronically release SABIC cargo at Hutchison and PSA terminals in Asia.

Forwarders that experimented with new software during the days of robust freight demand now face a dilemma over what technology produces actual returns on investment as volumes and margin shrink.

Widely used forwarding software provider WiseTech Global will pursue further US landside logistics technology targets in 2023, its CEO says.

Shippers that often use spreadsheets and small transportation teams to bid and execute freight shipments are the target of a new software tool from technology provider Shipwell.

Freight rate booking marketplace Freightos said its unprofitable business is seeing improving margins and that scale will help it past the breakeven point.

Drayage software vendor PortPro is attempting to narrow the gap between the tools that port truckers and their shipper customers use with a new container milestone tracking product it has launched.

Shippers are showing “healthy adoption” of a wide variety of digital transformation projects, according to new research from S&P Global Market Intelligence.

Shippers struggling to manage demurrage fees and container availability information have two new options to track the status of containers at ports.

Supply chain risk-focused technology provider Overhaul has channeled demand for reducing exposure to cargo theft into a $38 million funding round just a few weeks after acquiring competitor SensiGuard.

Technology startup Qualle is trying to overcome drayage industry inertia around matching empty import boxes with export loads outside of ports by using early-stage funding to serve every North American port market.

Flexport, the polarizing digital forwarder, will double down on technology development during a lull in global trade, new CEO Dave Clark said at TPM23.

Retailers are discovering the importance of closely managing purchase orders as increasingly complex trans-Pacific supply chains spawned by the pandemic highlight the need for a heightened hands-on approach.

Shippers are gaining better supply chain visibility, but now they must step up their game and better manage and integrate the data they are receiving from transportation providers, technology companies told TPMTech23.

The Global Shipping Business Network is giving exporters an app that would track changes to earliest return dates across container terminals that use Navis terminal operating systems.

Rising demand from importers reckoning with the costs of detention and demurrage have fueled an $11 million investment into container management provider BlueCargo.

A new funding round for the embattled logistics software vendor is bound to raise eyebrows in an industry that has long been cynical of the impact of venture capital-backed founders.

Freight coordination software provider Leaf Logistics is working with a number of shippers and truckload carriers to build flexible, dedicated fleets to allow for continuous moves in big US markets.

Singapore-based Ocean Network Express, the sixth-largest global container line, will work with a division of Sony to track its global fleet of boxes.

Automation is already being infused into shipper and forwarder technology systems in ways that may be imperceivable to users.

WiseTech Global is doubling down on its reach into US intermodal networks with its $414 million purchase of Blume Global three weeks after acquiring drayage tech provider Envase.

Major container lines have agreed to an ambitious 2030 deadline to migrate from paper bills of lading to digital versions as resistance to such initiatives weakens.