Logistics technology

News and analysis of logistics technology startups, venture capital, solutions, management, impact

The latest Logistics technology News & Analysis

Faltering stock market halts Transfix’s public listing plans

Eric Johnson, Senior Technology Editor | Oct 13, 2022, 4:23 PM EDT

A weakening freight market and growing investor unease with holding companies designed to take early stage companies public have led Transfix to put a public listing on ice.
Logistics technologyTruck brokersTrucking

GSBN, project44 ink trade finance partnership

Eric Johnson, Senior Technology Editor | Oct 13, 2022, 4:30 AM EDT

project44 and the Global Shipping Business Network are working together to tie cargo tracking and bill of lading data to unearth trade finance opportunities in Asia.
Logistics technology

Port software provider grows European terminal footprint with Antwerp deal

Eric Johnson, Senior Technology Editor | Oct 12, 2022, 2:00 AM EDT

Software vendor Portchain will help a DP World-operated terminal in the Port of Antwerp to automate communication from shipping lines to better coordinate berth plans, the companies said Wednesday.
International portsLogistics technology

Procurement adaptability trumps truckload pricing predictions: software providers

Eric Johnson, Senior Technology Editor | Oct 10, 2022, 1:44 PM EDT

Shippers need to rethink the entire truckload procurement process, not just use technology that marginally decreases costs by relying too much on predictive pricing, according to a trio of procurement technology experts.
Logistics technologyTrucking

Altana lands big investment to map global supplier networks

Eric Johnson, Senior Technology Editor | Oct 6, 2022, 2:12 PM EDT

Supplier risk is becoming a bigger hurdle for shippers, notably around forced labor regulations, prompting venture capital firms to plunge $100 million into technology provider Altana.
Logistics technology

Overhaul wades into insurance technology market

Eric Johnson, Senior Technology Editor | Oct 5, 2022, 4:52 PM EDT

Overhaul has joined a growing group of visibility providers aiming to connect real-time shipment data to cargo insurance solutions.
Logistics technologyTrucking

LTL industry wrestles with next stage of technology development

Eric Johnson, Senior Technology Editor | Oct 5, 2022, 12:54 PM EDT

The less-than-truckload industry is reaching its technology inflection point, which it will need to capture rising demand from shippers seeking operators that are easy to do business with.
Logistics technologyLTLTrucking

SAP-led insurance solution taps Nexxiot for container tracking devices

Eric Johnson, Senior Technology Editor | Sep 30, 2022, 11:20 AM EDT

A trio of technology providers want to give shippers the ability to tie sensor-based container data to in-transit cargo insurance decisions.
Logistics technologyContainer lines

GSBN tests digital process to share shipping data with banks

Eric Johnson, Senior Technology Editor | Sep 29, 2022, 4:23 PM EDT

A consortium of liner carriers and terminals aiming to speed the sharing of shipment data with banks believes it can overcome a chronic consent hurdle in the process.
Logistics technologyContainer lines

Tive spreads wings with new pharma product, forwarder deal

Eric Johnson, Senior Technology Editor | Sep 29, 2022, 2:40 PM EDT

Tive has been piloting its new pharma product, which meets a variety of requirements around data security and storage, with 34 companies over the past two months.
Logistics technology

project44 aims for product harmony with new platform

Eric Johnson, Senior Technology Editor | Sep 27, 2022, 11:45 AM EDT

Shippers are seeking unified data across the modes they use, something that has prompted project44 to integrate data into a single platform it released Tuesday.
Logistics technology

Lufthansa among investors funneling cash to TMS provider Cargobase

Eric Johnson, Senior Technology Editor | Sep 20, 2022, 9:00 AM EDT

A shift from a focus on freight procurement to international transportation management has yielded growth in several regions for transportation management software vendor Cargobase.
Logistics technology

Convoy wades into visibility market with new tools

Eric Johnson, Senior Technology Editor | Sep 19, 2022, 5:00 AM EDT

Convoy is attempting to differentiate itself within the competitive freight broker landscape by using data gathered from its driver-mandated app to provide more execution-focused visibility insights.
Logistics technologyTruckingTruck brokers

Demand for mutually enforceable contracts helps NYSHEX land new funding

Eric Johnson, Senior Technology Editor | Sep 14, 2022, 9:30 AM EDT

NYSHEX has landed its third funding round in 24 months, a $25 million investment that supports the notion the shipping industry is starting to embrace mutually enforceable contracts.
Logistics technology

Visibility providers aim to create air-ocean link

Eric Johnson, Senior Technology Editor | Sep 13, 2022, 3:56 PM EDT

Linking ocean and air freight visibility has been an elusive challenge for shippers and logistics providers, which has led Vizion and BlueBox to combine their respective data products in a commercial partnership.
Logistics technology

MyCarrier rides growing LTL needs to new funding round

Eric Johnson, Senior Technology Editor | Sep 13, 2022, 6:00 AM EDT

MyCarrier has created automation partnerships with 15 less-than-truckload (LTL) carriers and will handle more than $1 billion in shipper freight spend, factors that induced venture firms to invest $22 million in the company.
Logistics technologyLTL

Chaotic ocean freight market leads to fresh equity investment in Xeneta

Eric Johnson, Senior Technology Editor | Sep 13, 2022, 4:00 AM EDT

Demand for rate benchmarking tools grew during the pandemic’s wild pricing swings in ocean shipping, which has helped fuel a new $80 million investment in Oslo-based software provider Xeneta.
Logistics technology

Industry largely non-compliant with OSRA-22 demurrage invoice mandate

Eric Johnson, Senior Technology Editor | Sep 9, 2022, 3:13 PM EDT

A mandated “container available” data element related to demurrage fees is largely not being complied with yet as the shipping industry grapples with the immediate implications of OSRA-22.
Transport, trade and regulationLogistics technologyContainer lines

Existing solutions could be elixir to ‘emergency’ data-sharing: vendors

Eric Johnson, Senior Technology Editor | Sep 2, 2022, 4:21 PM EDT

Technology intended to help shippers and forwarders manage arrival notice information might be the solution that federal regulators are seeking to bridge data gaps from carriers and terminals.
Logistics technologyMaritimeContainer linesNorth American ports

Hapag-Lloyd-NYSHEX partnership ushers in new phase for contract technology

Eric Johnson, Senior Technology Editor | Aug 30, 2022, 7:00 AM EDT

NYSHEX is expanding the reach of its mutually enforceable contract technology to ocean freight agreements outside of its platform as it widens its focus beyond the trans-Pacific trade lane.
Logistics technologyContainer linesMaritime

Software provider launches product to help exporters locate elusive containers

Teri Errico Griffis, Associate Editor | Aug 29, 2022, 5:15 PM EDT

Political pressure has increased recently to help US agricultural exporters, who have lost billions due to an inability to access sufficient numbers of export containers.
Logistics technology

Disruption forces shippers to weigh supplier nearshoring: study

Eric Johnson, Senior Technology Editor | Aug 26, 2022, 8:00 AM EDT

Shippers in sectors such as aerospace, pharmaceuticals, and IT saw an average hit of $182 million from supply chain disruptions on an annualized basis, which technology provider Interos said will compel many companies to explore nearshoring options.
Supply ChainLogistics technology

Lack of system harmony constrains 3PL revenue growth

Eric Johnson, Senior Technology Editor | Aug 24, 2022, 3:38 PM EDT

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

CargoWise sets up direct feeds with carriers ONE, Zim

Eric Johnson, Senior Technology Editor | Aug 16, 2022, 12:08 PM EDT

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

Product integrations, slowing economy behind FourKites layoffs: CEO

Eric Johnson, Senior Technology Editor | Aug 15, 2022, 3:14 PM EDT

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

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

Eric Johnson, Senior Technology Editor | Aug 12, 2022, 9:50 AM EDT

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 regulationLogistics technology

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

Eric Johnson, Senior Technology Editor | Aug 10, 2022, 8:48 AM EDT

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

Convoy–DAT battle a sign of impending load board disruption

Eric Johnson, Senior Technology Editor | Aug 8, 2022, 2:32 PM EDT

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 technologyTruck brokersTrucking

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

Eric Johnson, Senior Technology Editor | Aug 4, 2022, 12:35 PM EDT

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

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

Michael Angell, Associate Editor | Aug 2, 2022, 4:55 PM EDT

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

Duplicate ocean invoices plague exporter Scoular: audit

Eric Johnson, Senior Technology Editor | Aug 2, 2022, 11:30 AM EDT

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

DAT, Convoy embroiled in anti-competition legal battle

Eric Johnson, Senior Technology Editor | Aug 1, 2022, 10:38 AM EDT

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 technologyTruck brokers

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

Eric Johnson, Senior Technology Editor | Jul 29, 2022, 10:30 AM EDT

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

Flexport, Nolan partner to track global, domestic freight

Eric Johnson, Senior Technology Editor; and William Cassidy, Senior Editor | Jul 28, 2022, 3:01 PM EDT

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 technologyTruck brokersTrucking

DB Schenker pulls parent group back into black

Greg Knowler, Senior Europe Editor | Jul 28, 2022, 10:51 AM EDT

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

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

Eric Johnson, Senior Technology Editor | Jul 27, 2022, 10:16 AM EDT

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

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

Greg Knowler, Senior Europe Editor | Jul 26, 2022, 11:29 AM EDT

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

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

Eric Johnson, Senior Technology Editor | Jul 25, 2022, 1:13 PM EDT

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

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

Greg Knowler, Senior Europe Editor | Jul 25, 2022, 12:31 PM EDT

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

ExFreight uses internal pricing capability to manage volatile market

Eric Johnson, Senior Technology Editor | Jul 21, 2022, 9:39 AM EDT

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