Logistics technology

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

The latest Logistics technology News & Analysis

Blume Global says platform downed after ‘cyber incident’

Teri Errico Griffis, Associate Editor | Apr 29, 2022, 12:26 PM EDT

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

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

Greg Knowler, Senior Europe Editor | Apr 27, 2022, 2:49 PM EDT

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

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

Eric Johnson, Senior Technology Editor | Apr 27, 2022, 2:33 PM EDT

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

ZEBOX establishes US presence with DC-area office

Eric Johnson, Senior Technology Editor | Apr 26, 2022, 5:00 PM EDT

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

China lockdowns will impact peak production: K+N CEO

Greg Knowler, Senior Europe Editor | Apr 26, 2022, 1:59 PM EDT

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

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

Eric Johnson, Senior Technology Editor | Apr 26, 2022, 1:34 PM EDT

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 technologyContainer lines

ShipHero offers Canadian route for low-value shipments

Eric Johnson, Senior Technology Editor | Apr 22, 2022, 1:23 PM EDT

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

Government-backed data efforts muddy shipping standardization race

Eric Johnson, Senior Technology Editor | Apr 21, 2022, 5:23 PM EDT

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 technologyNorth American ports

New funding pushes Convoy valuation to $3.8 billion

Eric Johnson, Senior Technology Editor | Apr 21, 2022, 5:00 AM EDT

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 technologyTruck brokersTrucking

Procurement automation already influencing freight-buying cycles

Eric Johnson, Senior Technology Editor | Apr 20, 2022, 2:54 PM EDT

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 technologyMaritime

Carriers using digital tools to broaden shipper reach: Freightos

Eric Johnson, Senior Technology Editor | Apr 20, 2022, 4:00 AM EDT

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 technologyContainer linesAir Cargo

Lineage Logistics acquires Canada’s VersaCold

William B. Cassidy, Senior Editor | Apr 13, 2022, 2:33 PM EDT

Lineage’s latest acquisition expands the global food chain logistics company’s reach across Canada.
Logistics technology

Tive turns demand for sensor-based tracking into cash infusion

Eric Johnson, Senior Technology Editor | Apr 11, 2022, 6:00 AM EDT

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

CMA CGM takes over formerly Russian-held Gefco

Greg Knowler, Senior Europe Editor | Apr 8, 2022, 10:29 AM EDT

CMA CGM has made another major acquisition, bringing Europe’s main automotive logistics service provider under the wing of CEVA Logistics.
Logistics technology

Magaya arms forwarders with automated LTL pricing tool

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

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 technologyLTL

Truckload pricing tool partners with procurement vendors

Eric Johnson, Senior Technology Editor | Apr 6, 2022, 12:30 PM EDT

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 technologyTruckingTruck brokers

ONE turns to Google to accelerate customer service innovation

Eric Johnson, Senior Technology Editor | Apr 5, 2022, 5:18 PM EDT

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 technologyContainer lines

Freight marketplace Emerge chases ambitious growth

Eric Johnson, Senior Technology Editor | Apr 4, 2022, 5:05 PM EDT

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 technologyTruck brokersTrucking

Procurement software vendor rides market upheaval to new investment

Eric Johnson, Senior Technology Editor | Mar 31, 2022, 3:00 AM EDT

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

New project44 product highlights port congestion data

Eric Johnson, Senior Technology Editor | Mar 30, 2022, 9:00 AM EDT

project44 is aiming to provide non-traditional customers, like small shippers, consultants, and financial institutions with a high-level port congestion dashboard.
Logistics technology

Subramaniam to lead FedEx into post-Smith era

William B. Cassidy, Senior Editor | Mar 29, 2022, 12:49 PM EDT

Greater network efficiency and profits will be priorities for new FedEx leadership as e-commerce reshapes global markets.
Logistics technology

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

Eric Johnson, Senior Technology Editor | Mar 24, 2022, 11:47 AM EDT

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

Logistics tech vet secures funding for trade finance startup

Eric Johnson, Senior Technology Editor | Mar 22, 2022, 9:00 AM EDT

Exporters struggle to get access to trade finance tools due to technology and regulatory limitations, a gap that startup provider Fishtail is aiming to fill with a new $4.5 million venture investment.
Logistics technology

Air cargo vets get funding for freight consolidation startup

Eric Johnson, Senior Technology Editor | Mar 21, 2022, 9:25 AM EDT

Aircon, a technology provider aiming to bring a software-based co-loader approach to the air freight industry, has been backed by early-stage investors to drive planned aggregation of air cargo.
Logistics technologyAir Cargo

K+N taps startup to improve container import efficiency

Eric Johnson, Senior Technology Editor | Mar 16, 2022, 2:31 PM EDT

German startup Flowfox is working with Kuehne + Nagel to pilot its platform that automates import clearance and container re-use at European ports with an eye toward global expansion of the solution.
Logistics technologyContainer lines

Flexport, project44 executives among investors in new freight pay venture

Eric Johnson, Senior Technology Editor | Mar 15, 2022, 4:29 PM EDT

Payment technology options continue to grow for freight intermediaries, with Los Angeles-based Freightpay the latest to get funding to build its early-stage payment platform.
Logistics technology

White House taps supply chain stakeholders to build national data portal

Eric Johnson, Senior Technology Editor | Mar 15, 2022, 11:39 AM EDT

The need to share data among supply chain participants has become a priority amid record volumes of US imports that have resulted in vessel backlogs, terminal congestion, and a stressed inland logistics sector.
Logistics technologyContainer linesNorth American ports

Forwarding tech provider out to unify disconnected system landscape

Eric Johnson, Senior Technology Editor | Mar 14, 2022, 8:00 AM EDT

Prompt, which works with many of the top 25 global forwarders to automate integrations and data entry, is breaking out of its stealth nature of operating with an expansion of systems into which it connects.
Logistics technology

Loadsure snags funding round to drive real-time freight insurance

Eric Johnson, Senior Technology Editor | Mar 10, 2022, 2:11 PM EST

Insurance technology provider Loadsure plans to use an $11 million funding round to expand in the US freight market and serve forwarders managing international shipments.
Logistics technologyTruck brokers

FMC gives Expeditors filing reprieve in wake of cyberattack

Eric Johnson, Senior Technology Editor | Mar 9, 2022, 3:31 PM EST

The FMC has temporarily exempted Expeditors International from tariff filing obligations to allow the beleaguered forwarder to recover following a ransomware attack on its systems two weeks ago.
Logistics technology

Drayage provider NEXT adds to LA-LB peel pile options

Eric Johnson, Senior Technology Editor | Mar 8, 2022, 4:15 PM EST

Drayage provider NEXT Trucking is piloting a peel pile program in Southern California that links vessel stowage at origin with quick unloading of containers at warehouse destinations to narrow total transit times for shipments.
Logistics technologyDrayageContainer lines

Bolloré-backed startup Ovrsea expands digital forwarding options to US

Eric Johnson, Senior Technology Editor | Mar 8, 2022, 2:01 PM EST

A digitally oriented forwarder tied to the Bolloré Group has opened a North America office to tap into burgeoning US demand as the race to attract online-oriented shippers gathers steam.
Logistics technology

Forto follows Flexport into multi-billion dollar valuation

Eric Johnson, Senior Technology Editor | Mar 7, 2022, 2:16 PM EST

Digital forwarder Forto has smashed through the $2 billion valuation barrier with a new round of funding that it will use to grow its presence in Europe and Asia.
Logistics technology

TPM22: Oakland, NWSA back Long Beach data project

Eric Johnson, Senior Technology Editor | Mar 4, 2022, 1:52 PM EST

The Port of Oakland and the Northwest Seaport Alliance have lent support to a Long Beach initiative designed to capture and make available container milestone information.
North American portsLogistics technology

E2open tackles parcel growth with Logistyx acquisition

Eric Johnson, Senior Technology Editor | Mar 3, 2022, 1:05 PM EST

E2open has made its fifth acquisition since 2018 with the addition of parcel fulfillment provider Logistyx as it seeks to ride e-commerce and small shipment growth for its customers.
Logistics technology

Los Angeles pilot expanding ‘peel-off’ program to smaller importers

Bill Mongelluzzo, Senior Editor | Feb 25, 2022, 2:55 PM EST

Supply chain partners who share shipment data that is filed with US Customs via a common platform can help terminal operators build “peel-off” piles that help to reduce trucker turn times.
Logistics technology

Major shippers urge FMC to consider national freight portal

Michael Angell, Associate Editor | Feb 25, 2022, 9:34 AM EST

The Federal Maritime Commission is being urged to implement processes that would allow US shippers to easily get accurate data on ocean freight.
Logistics technology

Freight pricing startup raises cash to complement rate benchmarking providers

Eric Johnson, Senior Technology Editor | Feb 23, 2022, 8:00 AM EST

A provider of technology to help brokers understand appropriate spot pricing has nabbed funding from an array of notable investors, including Tiger Global and Cambridge Capital.
Logistics technologyTruckingTruck brokers

Transfix expanding brokerage platform as shippers increase demand

William B. Cassidy, Senior Editor | Feb 22, 2022, 3:40 PM EST

As it prepares to go public, Transfix is looking to derive more revenue from non-transactional shipper services, including its drop trailer program, and to draw smaller shippers to its platform.
Logistics technologyTrucking

Cyberattack shuts down digital operations at Expeditors

Michael Angell, Associate Editor | Feb 22, 2022, 2:11 PM EST

Expeditors International has yet to fully recover from a cyberattack over the weekend that forced the forwarder to shut down its entire computer network.
Logistics technology