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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

Lineage targets transportation technology market with Turvo buy

Eric Johnson, Senior Technology Editor |
Cold chain market leader Lineage Logistics has continued its 2022 acquisition spree with the purchase of TMS provider Turvo, a move that furthers Lineage’s vertical integration ambitions.
Logistics Technology News

Freightos turns to public market to fuel next stage of growth

Eric Johnson, Senior Technology Editor |
Logistics software provider Freightos is being taken public on the Nasdaq, a move that will be closely scrutinized by the founders and investors of growth-stage technology providers in the logistics industry.
Logistics Technology NewsAir CargoContainer lines

New KlearNow product ties customs to drayage network

Eric Johnson, Senior Technology Editor |
Customs software provider KlearNow has added a drayage service to its product in order to sync cargo availability to capacity from its network of dray providers.
Logistics Technology NewsDrayage

Freightos air freight tool tackles forwarders’ payment headaches

Eric Johnson, Senior Technology Editor |
Freightos is targeting the payment space for air forwarders by tying an integrated payment tool between forwarders and cargo airlines to its WebCargo booking and rating software.
Logistics Technology NewsAir Cargo

Dray tech provider acquires GPS tracking maker

Eric Johnson, Senior Technology Editor |
Drayage technology rollup Envase has added GeoStamp, a GPS-based port and drayage visibility and analytics provider, to its roster of tools for port carriers and intermodal providers.
Logistics Technology NewsNorth American portsTrucking News

Nowports brings logistics technology ‘unicorn’ brigade to Latin American market

Eric Johnson, Senior Technology Editor |
Nowports has landed a cash infusion from logistics technology investor SoftBank to expand its reach in the LatAm market, as investment in the so-called digital forwarding model shows no signs of slowing.
Logistics Technology News

Technology startup aims to improve shipper dray experience

Eric Johnson, Senior Technology Editor |
Technology provider Draying.io wants to use its experience in developing a transportation management tool for carriers to help shippers automate the sourcing and pricing of port moves.
Logistics Technology NewsNorth American portsTrucking News

Increased supply chain volatility supporting demand for risk management tech

Eric Johnson, Senior Technology Editor |
Software provider Everstream Analytics plans to use a new $24 million investment to expand the geographic reach of its suite of supply chain risk and network planning products.
Logistics Technology News

Hapag-Lloyd eyes pole position in container data race

Eric Johnson, Senior Technology Editor |
Hapag-Lloyd's sensor initiative is aimed at maximizing the use of its container fleet in an environment where global port congestion has reduced the number of turns each box makes on an annual basis.
Logistics Technology NewsContainer linesMaritime

Procurement automation provider lands fresh funding to target US market

Eric Johnson, Senior Technology Editor |
Keelvar has landed a $24 million funding round to build its US presence around the logistics procurement automation tools it provides to large shippers like Coca-Cola, Nestle, and Samsung.
Logistics Technology News

Amazon’s freight brokerage taps MercuryGate for shipper volume

Eric Johnson, Senior Technology Editor |
Amazon Freight has created its first direct integration with a transportation management system provider, piping its capacity of 40,000 owned trailers and third-party drivers to MercuryGate’s base of shipper users.
Logistics Technology NewsTrucking NewsTruck brokers

ShipBob turns to Flexport for small merchant ocean consolidation

Eric Johnson, Senior Technology Editor |
ShipBob and Flexport are connecting ocean freight with order fulfillment for China-origin goods sold by US merchants, as e-commerce tech providers help merchants rationalize ocean costs and transit times.
Logistics Technology News

Stord girds itself for growth with new cash infusion

Eric Johnson, Senior Technology Editor |
Stord, which provides technology and supply chain services to shippers, has used expansion into transportation and fulfillment to attract capital that it sees as protection in a market where investment may be harder to capture.
Logistics Technology News

Banks help GSBN develop bill of lading finance tools

Eric Johnson, Senior Technology Editor |
The Global Shipping Business Network, a consortium building a global trade data exchange, has launched products that tether bill of lading information to title transfer and proof of shipment notices.
Logistics Technology News

Blume Global restores some functionality after ‘cyber incident’

Teri Errico Griffis, Associate Editor |
After a “cyber incident” downed parts of Blume Global’s system last week, the company is working to fully restore service and taking additional safety measures involving customer account information and billing processes.
Logistics Technology News

Hapag-Lloyd container sensor move positive, but limited: visibility providers

Eric Johnson, Senior Technology Editor |
Hapag-Lloyd’s investment in container tracking hardware has visibility providers hoping to capitalize on better container location data to feed to their shipper customers.
Logistics Technology News

Q1 cyberattack cost Expeditors International $60 million 

Teri Errico Griffis, Associate Editor |
The aftermath of February’s cyberattack has so far cost forwarder Expeditors International tens of millions of dollars, perhaps giving Blume Global some insight into what it faces after its own outage last week.
Logistics Technology News

Hapag-Lloyd’s box tracking salvo likely an industry-wide catalyst

Eric Johnson, Senior Technology Editor |
Hapag-Lloyd's move to equip its entire box fleet with sensors could herald a new era that unlocks new tools beyond mere visibility for carriers, even if tracking devices aren’t a cure-all for shipper supply chain woes.
Logistics Technology NewsContainer linesMaritime

Blume Global says platform downed after ‘cyber incident’

Teri Errico Griffis, Associate Editor |
The outage on Blume Global's platform comes after a cyberattack on Expeditors International in February that crippled the forwarder’s digital operations.
Logistics Technology News

No ‘large disruption’ from China’s post-lockdown surge: DSV CEO

Greg Knowler, Senior Europe Editor |
Rates and volumes may ease through the second half of the year, but there will be no relaxing of the disruptions faced by supply chains on the major trade lanes, says DSV.
Logistics Technology News

Irregular hours, rate instability weigh on small fleet truck drivers: SmartHop

Eric Johnson, Senior Technology Editor |
More than 40 percent of drivers at small truckload carriers surveyed by technology provider SmartHop have entered the industry over the past two years, but many are considering moving to larger carriers for stability.
TruckloadLogistics Technology News

ZEBOX establishes US presence with DC-area office

Eric Johnson, Senior Technology Editor |
A new office near Washington, DC, is intended to help the CMA CGM–backed startup accelerator ZEBOX attract technology that can help its corporate partners in North America advance their digital logistics initiatives.
Logistics Technology News

China lockdowns will impact peak production: K+N CEO

Greg Knowler, Senior Europe Editor |
Kuehne + Nagel reported solid-first quarter results, but its outlook for the rest of the year remains muddied with no end to COVID-19 controls in China, deteriorating global supply chains, and consumer demand uncertainty.
Logistics Technology News

Hapag-Lloyd to equip dry box fleet with sensors in 2023

Eric Johnson, Senior Technology Editor |
Hapag-Lloyd is betting customers will eventually demand that all its containers be trackable by sensors, leading it to commit to equipping its fleet of 3 million dry boxes starting next year.
Logistics Technology NewsContainer lines

ShipHero offers Canadian route for low-value shipments

Eric Johnson, Senior Technology Editor |
Importers wanting to avoid duties on low-value shipments can use Canada as a waypoint through a new program between North American fulfillment provider ShipHero and a Canadian customs broker.
Logistics Technology News

Government-backed data efforts muddy shipping standardization race

Eric Johnson, Senior Technology Editor |
Confusion over the intent of a number of public sector supply chain data initiatives to emerge in recent months might cloud the progress any of them might make individually.
Logistics Technology NewsNorth American ports

New funding pushes Convoy valuation to $3.8 billion

Eric Johnson, Senior Technology Editor |
Venture capital investors have plunged $410 million into Convoy, as one of the more notable digitally native freight brokers seeks to expand its reach to small truckload carriers and large shippers.
Logistics Technology NewsTruck brokersTrucking News

Procurement automation already influencing freight-buying cycles

Eric Johnson, Senior Technology Editor |
Procurement automation is already changing the nature of how shippers buy capacity from carriers and intermediaries, an evolution that will accelerate in the years ahead as humans adapt to the technology.
Logistics Technology NewsMaritime

Carriers using digital tools to broaden shipper reach: Freightos

Eric Johnson, Senior Technology Editor |
New research from Freightos finds ocean carriers improved their electronic tools over the past three years and want to move rate and booking activity through their own online channels.
Logistics Technology NewsContainer linesAir Cargo

Lineage Logistics acquires Canada’s VersaCold

William B. Cassidy, Senior Editor |
Lineage’s latest acquisition expands the global food chain logistics company’s reach across Canada.
Logistics Technology News

Tive turns demand for sensor-based tracking into cash infusion

Eric Johnson, Senior Technology Editor |
Shipment tracking device maker Tive has landed a $54 million cash infusion to build its global footprint and target more categories of shippers with location and condition monitoring solutions.
Logistics Technology News

CMA CGM takes over formerly Russian-held Gefco

Greg Knowler, Senior Europe Editor |
CMA CGM has made another major acquisition, bringing Europe’s main automotive logistics service provider under the wing of CEVA Logistics.
Logistics Technology News

Magaya arms forwarders with automated LTL pricing tool

Eric Johnson, Senior Technology Editor |
Forwarding software provider Magaya is wading into the less-than-truckload technology market with an automated pricing tool meant to help its customers quote faster to shippers.
Logistics Technology NewsLTL

Truckload pricing tool partners with procurement vendors

Eric Johnson, Senior Technology Editor |
Fresh off a seed funding round in February, truckload pricing intelligence provider Greenscreens.ai has built connectivity with procurement technology partners FreightFriend and 3Gtms.
Logistics Technology NewsTrucking NewsTruck brokers

ONE turns to Google to accelerate customer service innovation

Eric Johnson, Senior Technology Editor |
ONE is using Google Cloud to further its ability to automate back office and customer-facing solutions, a sign that the cloud infrastructure giant sees container shipping as a key vertical to target.
Logistics Technology NewsContainer lines

Freight marketplace Emerge chases ambitious growth

Eric Johnson, Senior Technology Editor |
Freight marketplace Emerge has designs on reshaping the truckload procurement space in North America, with an ambitious target of $20 billion in freight spend through its platform this year.
Logistics Technology NewsTruck brokersTrucking News

Procurement software vendor rides market upheaval to new investment

Eric Johnson, Senior Technology Editor |
Shippers are bidding for freight more frequently due to supply volatility, driving growth in European procurement startup Shipsta that has led to a new funding round from investors.
Logistics Technology News

New project44 product highlights port congestion data

Eric Johnson, Senior Technology Editor |
project44 is aiming to provide non-traditional customers, like small shippers, consultants, and financial institutions with a high-level port congestion dashboard.
Logistics Technology News

Subramaniam to lead FedEx into post-Smith era

William B. Cassidy, Senior Editor |
Greater network efficiency and profits will be priorities for new FedEx leadership as e-commerce reshapes global markets.
Logistics Technology News

BlueX tackles freight cost burden with ‘pay-it-later’ tool

Eric Johnson, Senior Technology Editor |
BlueX Trade is providing an extended credit product to small shippers and forwarders to help them manage working capital in the wake of historic ocean freight and ancillary fee costs.
Logistics Technology News