Supply chain

The Journal of Commerce’s supply chain news and analysis impacting the management of end-to-end supply chains reports on supply chain strategies, cargo visibility, inventory trends, sourcing, customs certification and contract logistics. Supply chain news coverage also delves into refrigerated shipping advancements and management of inventory status, regulatory updates and government funding projects. 

The latest Supply chain News & Analysis

Industry urges FMC to streamline free-time billing in OSRA-linked rulemaking

Eric Johnson, Senior Technology Editor |
The US Federal Maritime Commission is poring over feedback about detention and demurrage billing practices from more than 100 industry stakeholders as the agency seeks to implement a key provision of OSRA-22.
Transport, Trade, and Regulation NewsContainer Shipping NewsContainer linesMarine terminals

Decarbonization tops IMO’s London MEPC79 agenda

Greg Knowler, Senior Editor Europe |
MEPC79 delegates will also be considering a basket of measures that can integrate both technical and carbon pricing elements as the maritime industry transitions to more renewable fuels.
Container Shipping NewsContainer linesTransport, Trade, and Regulation News

GSBN executive sees promise in post-TradeLens world

Eric Johnson, Senior Technology Editor |
The head of the Global Shipping Business Network, long seen as a rival to the now-defunct TradeLens, said the demise of the Maersk-led technology platform could eventually boost use of blockchain-backed tools in shipping.
Logistics Technology News

FMC members seek anti-trust power over ocean carrier agreements

Michael Angell, Associate Editor |
Two of the five Federal Maritime Commissioners want to put agreements, particularly those among ocean carriers, on a tighter leash, by allowing the agency to issue the same injunctions as can courts.
Transport, Trade, and Regulation News

Major US freight brokers unveil appointment scheduling standards

Greg Knowler, Senior Editor Europe |
J.B. Hunt, Uber Freight, and Convoy are partnering to develop and drive broad industry adoption of a standard process for truckload appointment scheduling.
Logistics Technology NewsTrucking NewsTruck brokers

Turbo-charged logistics tech faces reckoning: analyst

Lars Jensen, CEO & Partner, Vespucci Maritime, and JOC Analyst |
The unprecedented infusion of cash into supply chain technology development over the past two years was akin to putting the sector on a diet of steroids, writes JOC analyst Lars Jensen.
Logistics Technology News

Software woes force Houston to delay start date of long-dwell import fee

Michael Angell, Associate Editor |
The Port of Houston, citing technology problems, is postponing the start date of a new fee that would penalize shippers who don’t retrieve import containers after the allowable free time.
North American portsLast Mile News

Heightened final-mile expectations drive investment into OneRail

Eric Johnson, Senior Technology Editor |
OneRail has channeled the need for shippers to access final-mile capacity and service level consistency into a large venture capital funding round.
Logistics Technology NewsContainer lines

Maersk, IBM shutter TradeLens in surprise move

Eric Johnson, Senior Technology Editor |
TradeLens’ failure to gain traction after four years was due to several factors, not least of which was trying to convince ocean carriers and their customers to provide sensitive data to a technology platform partly owned by Maersk.
Logistics Technology News

Retailers bank on themselves to handle final mile

Cathy Morrow Roberson, JOC Analyst, and Eric Johnson, Senior Technology Editor |
Retailers that have seen final-mile costs more than double during the pandemic are increasingly making investments in their last-leg delivery networks.
Logistics Technology NewsContainer lines

Richard Lidinsky, ex-FMC chair and champion of shippers, dead at 76

Mark Szakonyi, Executive Editor |
Richard Lidinsky, a former chairman for the US Federal Maritime Commission, leaves a legacy of agency reform whose work echoes through the Ocean Shipping Reform Act of 2022.
Transport, Trade, and Regulation News

US wholesale trade data shows industrial economy still resilient: analyst

Jason Miller, associate professor of logistics, Michigan State University, and JOC analyst |
To the extent freight market participants have greater exposure to key industrial markets than consumer markets, current data is not pointing towards sharp downturns in freight demand, at least not yet, writes JOC analyst Jason Miller.
Supply chain

ERD delay variance hampers US exporters: study

Eric Johnson, Senior Technology Editor |
Data from visibility provider Portcast shows US exporters struggle to manage changes to early return dates as well as variances in ERD data formats from different terminals.
Port NewsLogistics Technology News

Raft partners with PayCargo in forwarding payment efficiency move

Eric Johnson, Senior Technology Editor |
PayCargo has extended its reach into the forwarding industry via an integration with software vendor Raft that minimizes PayCargo’s need to directly connect with CargoWise.
Logistics Technology News

Truckload volatility prompts fresh investment in pricing startup

Eric Johnson, Senior Technology Editor |
Greenscreens.ai has seen its roster of truckload broker customers grow to 70 this year, with previous investor Tiger Global putting another $5 million in the Florida-based software vendor.
Logistics Technology NewsTrucking News

Freight payment providers evolving from auditing to analytics

Eric Johnson, Senior Technology Editor |
Audit and payment vendors are moving beyond their traditional core business of ensuring accurate freight invoices and into business analytics and consultative services as shippers seek to turn invoice data into strategic supply chain intelligence.
Logistics Technology News

Expeditors expects air, ocean rates to continue falling into 2023

Michael Angell, Associate Editor |
CEO Jeffrey Musser said shippers are still sitting on high inventories and so are pulling back on orders after front-loading their shipments from overseas earlier this year.
Logistics Technology News

Maersk, CMA CGM join $80 million funding round into project44

Kevin Saville, Managing Editor |
The investment by Maersk and CMA CGM into visibility provider project44 is notable as they continue to develop their end-to-end integrator strategies and prepare for more stringent environmental regulations.
Logistics Technology News

US 3PL Echo extends global forwarding reach

William B. Cassidy, Senior Editor |
The acquisition of Fastmore Logistics will give Echo Global Logistics more access to international freight forwarders, linking domestic and international cargo networks.
Logistics Technology NewsTrucking NewsTruck brokers

WiseTech targets digital documentation market with Shipamax buy

Eric Johnson, Senior Technology Editor |
WiseTech Global has resumed its acquisitive ways with the purchase of Shipamax, a UK-based logistics data extraction software vendor.
Logistics Technology News

MyCarrier offers lifeline to shippers affected by Kuebix closure

Eric Johnson, Senior Technology Editor |
Shippers affected by the closure of a free less-than-truckload transportation management system in October have been given a pathway to migrate to another system connected to 15 LTL carriers.
Logistics Technology NewsLTLTrucking News

Newtrul nabs funding to expand load board ‘search engine’

Eric Johnson, Senior Technology Editor |
The truckload market is still searching for a single platform that aggregates shipper loads and carrier capacity, a role that investors are backing Chicago-based Newtrul to eventually fill.
Logistics Technology NewsTrucking NewsTruck brokers

Shippers turning to spot market as demand, rates weaken: K+N

Greg Knowler, Senior Europe Editor |
The severe space constraints that drove container shipping rates to record levels over the past two years are over, easing shippers' reliance on long-term fixed rates.
Logistics Technology News

Geodis RFP effort a sign of growing automation adoption

Eric Johnson, Senior Technology Editor |
A Geodis initiative around automating service requests from shippers is an example of growing consumption of robotic process automation in the third-party logistics industry.
Logistics Technology News

Shippeo investment a sign that visibility not yet a winner-takes-all market

Eric Johnson, Senior Technology Editor |
A funding round into Shippeo shows that demand for visibility and fragmentation of the market continue to grow despite a slowing venture capital environment.
Logistics Technology NewsBreakbulk News

FMC draft on exports gives carriers wide loophole: shippers

Teri Errico Griffis, Associate Editor |
The FMC is attempting to define when it’s reasonable for ocean carriers to refuse export cargo, but some shippers say the agency is making it too easy for that to happen.
Transport, Trade, and Regulation News

DSV, K+N on track for record year as uncertain 2023 looms

Greg Knowler, Senior Europe Editor |
Volume and rates fell through the third quarter, but not enough to slow the highly elevated earnings reported by two of the world’s largest forwarders.
Logistics Technology News

US LTL group launches standard digital BOL

William B. Cassidy, Senior Editor |
More than two years in development, a standard electronic bill of lading for less-than-truckload shipments promises to streamline the flow of data, providing greater visibility to shippers.
LTLLogistics Technology News

US warehousing supply gap could emerge by late 2023: Prologis

Teri Errico Griffis, Associate Editor |
The industrial warehouse market in the US has enough supply to last through the next year, but logistics developer Prologis cautions there could be an emerging gap in capacity starting as soon as late next year.
Industrial Real Estate News

Confusion around ocean freight indexes limits their usefulness: shippers

Eric Johnson, Senior Technology Editor |
Buyers of ocean capacity have long used freight rate indexes to gauge the direction of the market, but disruption and sky-high costs during the COVID-19 pandemic have elevated their prominence, often leading to difficult discussions with their executive leadership.
Container linesLogistics Technology News

JOC Rankings: Container lines led record transportation revenue growth in 2021

Michael Angell, Associate Editor |
It was the “year of the ocean carrier” as liner operators saw 2021 revenue results that were more than double those of other top 50 transportation providers.
Supply chain

Slync bets on industry pioneer Urban to turn page

Eric Johnson, Senior Technology Editor |
Embattled software provider Slync.io has turned to GT Nexus co-founder John Urban in a bid to resurrect its fortunes following the ousting of former CEO Chris Kirchner.
Logistics Technology News

Faltering stock market halts Transfix’s public listing plans

Eric Johnson, Senior Technology Editor |
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 Technology NewsTruck brokersTrucking News

GSBN, project44 ink trade finance partnership

Eric Johnson, Senior Technology Editor |
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 News

Lineage Logistics expands with new business line, storage facility in Savannah

Teri Errico Griffis, Associate Editor |
Lineage Logistics’ new business line and planned facility in Savannah builds on recent acquisitions the company has made amid an uptick in reefer storage demand.
Industrial Real Estate News

Port software provider grows European terminal footprint with Antwerp deal

Eric Johnson, Senior Technology Editor |
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 News

Procurement adaptability trumps truckload pricing predictions: software providers

Eric Johnson, Senior Technology Editor |
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 Technology NewsTrucking News

End shipping’s EU ‘safe harbor’ block exemption: German regulator

Greg Knowler, Senior Europe Editor |
The German Federal Cartel Office argues that large container carriers do not satisfy “with a sufficient degree of certainty” the conditions required for their exemption from European competition law.
Transport, Trade, and Regulation News

USDOT grants $39 million to fund port projects

JOC Staff |
Of the 12 projects the US Department of Transportation is funding, 11 will receive support for developing container-on-barge services.
Transport, Trade, and Regulation News

Altana lands big investment to map global supplier networks

Eric Johnson, Senior Technology Editor |
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 News