Logistics technology

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

The latest Logistics technology News & Analysis

project44 says layoffs designed to launch restructuring

Eric Johnson, Senior Technology Editor | Jul 20, 2022, 1:59 PM EDT

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

Vizion plots broader role in global supply chains with fresh funding

Eric Johnson, Senior Technology Editor | Jul 19, 2022, 10:00 AM EDT

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

Maersk taps startup partner to offer visibility on forced labor exposure

Eric Johnson, Senior Technology Editor | Jul 14, 2022, 2:44 PM EDT

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 regulationLogistics technology

ExxonMobil, container lines testing eBL vendor interoperability

Eric Johnson, Senior Technology Editor | Jul 12, 2022, 7:00 AM EDT

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 technologyContainer linesMaritime

Money still flowing into complex logistics tech market

Eric Johnson, Senior Technology Editor | Jul 8, 2022, 11:54 AM EDT

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

AscendTMS, electronic insurance partner aim to aid small fleets

Eric Johnson, Senior Technology Editor | Jul 7, 2022, 10:12 AM EDT

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 technologyTrucking

CloudTrucks offers small carriers no-interest credit lifeline

Eric Johnson, Senior Technology Editor | Jul 6, 2022, 10:53 AM EDT

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 technologyTrucking

WiseTech’s Bolero buy signal of continued eBL progress

Eric Johnson, Senior Technology Editor | Jul 5, 2022, 11:31 AM EDT

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 technologyContainer lines

Convoy injects brokerage tech into MercuryGate TMS

Eric Johnson, Senior Technology Editor | Jun 30, 2022, 8:00 AM EDT

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

Sedna consolidates email automation space with startup acquisition

Eric Johnson, Senior Technology Editor | Jun 27, 2022, 9:00 AM EDT

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

Container sensor usage to explode through 2026: Drewry

Eric Johnson, Senior Technology Editor | Jun 24, 2022, 11:18 AM EDT

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

Transporeon touts freight matching as solution to ‘double brokering’

Eric Johnson, Senior Technology Editor | Jun 23, 2022, 1:40 PM EDT

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 technologyTruckingTruck brokers

New partnership gives FourKites access to FedEx data trove

Eric Johnson, Senior Technology Editor | Jun 21, 2022, 10:45 AM EDT

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

European tech provider targeting US container release bottlenecks

Eric Johnson, Senior Technology Editor | Jun 17, 2022, 11:21 AM EDT

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

Demand for digital truckload spot quotes rises as prices fall

William B. Cassidy, Senior Editor | Jun 17, 2022, 10:55 AM EDT

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

Layoffs signal uncertain times in logistics tech sector

Eric Johnson, Senior Technology Editor | Jun 16, 2022, 1:12 PM EDT

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

Chain.io channels logistics integration needs into fresh venture investment

Eric Johnson, Senior Technology Editor | Jun 15, 2022, 12:01 AM EDT

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

Flexport’s mystique meets cold reality of chaotic supply chain

Peter Tirschwell | Jun 14, 2022, 2:35 PM EDT

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

Cargobase expands to Mexico to ride manufacturing momentum

Eric Johnson, Senior Technology Editor | Jun 9, 2022, 3:08 PM EDT

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

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

Teri Errico Griffis, Associate Editor | Jun 9, 2022, 11:36 AM EDT

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

Flexport leadership change suggests lack of market-defining progress

Eric Johnson, Senior Technology Editor | Jun 8, 2022, 4:17 PM EDT

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

project44, FourKites head of visibility class: Gartner

Eric Johnson, Senior Technology Editor | Jun 3, 2022, 3:25 PM EDT

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

Lineage targets transportation technology market with Turvo buy

Eric Johnson, Senior Technology Editor | Jun 1, 2022, 3:52 PM EDT

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

Freightos turns to public market to fuel next stage of growth

Eric Johnson, Senior Technology Editor | Jun 1, 2022, 2:58 PM EDT

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 technologyAir CargoContainer lines

New KlearNow product ties customs to drayage network

Eric Johnson, Senior Technology Editor | Jun 1, 2022, 10:41 AM EDT

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 technologyDrayage

Freightos air freight tool tackles forwarders’ payment headaches

Eric Johnson, Senior Technology Editor | May 27, 2022, 12:40 PM EDT

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 technologyAir Cargo

Dray tech provider acquires GPS tracking maker

Eric Johnson, Senior Technology Editor | May 25, 2022, 2:03 PM EDT

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 technologyNorth American portsTrucking

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

Eric Johnson, Senior Technology Editor | May 24, 2022, 1:00 PM EDT

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

Technology startup aims to improve shipper dray experience

Eric Johnson, Senior Technology Editor | May 23, 2022, 3:52 PM EDT

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 technologyNorth American portsTrucking

Increased supply chain volatility supporting demand for risk management tech

Eric Johnson, Senior Technology Editor | May 19, 2022, 12:38 PM EDT

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

Hapag-Lloyd eyes pole position in container data race

Eric Johnson, Senior Technology Editor | May 17, 2022, 11:15 AM EDT

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 technologyContainer linesMaritime

Procurement automation provider lands fresh funding to target US market

Eric Johnson, Senior Technology Editor | May 16, 2022, 8:00 AM EDT

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

Amazon’s freight brokerage taps MercuryGate for shipper volume

Eric Johnson, Senior Technology Editor | May 12, 2022, 1:02 PM EDT

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 technologyTruckingTruck brokers

ShipBob turns to Flexport for small merchant ocean consolidation

Eric Johnson, Senior Technology Editor | May 11, 2022, 3:06 PM EDT

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

Stord girds itself for growth with new cash infusion

Eric Johnson, Senior Technology Editor | May 10, 2022, 5:00 PM EDT

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

Banks help GSBN develop bill of lading finance tools

Eric Johnson, Senior Technology Editor | May 6, 2022, 4:14 PM EDT

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

Blume Global restores some functionality after ‘cyber incident’

Teri Errico Griffis, Associate Editor | May 6, 2022, 10:52 AM EDT

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

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

Eric Johnson, Senior Technology Editor | May 4, 2022, 5:13 PM EDT

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

Q1 cyberattack cost Expeditors International $60 million 

Teri Errico Griffis, Associate Editor | May 4, 2022, 3:22 PM EDT

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

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

Eric Johnson, Senior Technology Editor | Apr 29, 2022, 2:12 PM EDT

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 technologyContainer linesMaritime