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supply chain
Supply chain
Stay updated on supply chain strategies, cargo visibility, inventory trends and more with our comprehensive supply chain news and analysis.
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Logistics Technology News
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The latest Supply chain News & Analysis
Werner sharpens focus on technology, domestic business
William B. Cassidy, Senior Editor |
Truckload carrier Werner Enterprises is expanding its Edge technology platform to brokerage partners and shippers, tightening its focus on landside logistics after offloading its ocean and air forwarding unit.
Truckload
Logistics Technology News
Startup grabs $20 million to automate reverse logistics
Cathy Morrow Roberson, Senior Contributor |
ReverseLogix’s cloud-based automation platform can help reduce the cost of merchandise returns by as much as 15 percent, according to founder and CEO Guarav Saran.
Logistics Technology News
COVID-19 testing delays Chinese imports of US perishables
Lara L. Sowinski |
US seafood exporters are among the hardest hit by stricter COVID-19 testing requirements in China that some shippers have decried as non-tariff trade barriers.
Cool Cargo News
Forwarders largely unable to service rising SOC demand: survey
Eric Johnson, Senior Technology Editor |
A global scarcity of containers could push cargo owners to invest in so-called shipper-owned containers, but the majority of forwarders surveyed by container selling and leasing platform Container xChange weren’t able to supply such a service.
Logistics Technology News
Maritime
Container lines
New funding to help BuyCo link TMS with trade finance
Eric Johnson, Senior Technology Editor |
Financial services group ODDO has invested in shipment management software provider BuyCo as part of a broader aim to tether logistics data to new trade finance products intended to provide an alternative to letters of credit.
Logistics Technology News
Maersk VC veterans launch supply chain startup fund
Eric Johnson, Senior Technology Editor |
The head of Maersk’s venture capital arm, and his counterpart on the business side of the container line, are starting a new independent fund to invest in later stage supply chain and logistics startups.
Logistics Technology News
Software startup looks to automate cargo unloading fee payments
Eric Johnson, Senior Technology Editor |
Relay Payments is expanding its "lumper payment" platform, allowing truck carriers and brokers to automate the settlement of cargo unloading fees to receiving facilities.
Logistics Technology News
Trucking News
Rhenus cements German forwarding footprint with acquisition
Greg Knowler, Senior Editor Europe |
The need to handle rising LCL and air freight volume within its network is behind the acquisition by Rhenus of a rival’s forwarding business in Germany.
Supply chain
Container lines ordered to explain detention, demurrage assessment
Ari Ashe, Senior Editor |
The Federal Maritime Commission will take a deep look into the detention and demurrage practices in Southern California and New York and New Jersey, requiring ocean carriers and maritime terminal operators to answer questions about their policies related to importers and exporters.
Transport, Trade and Regulation News
Trade financing startup nabs $7.8 million in funding
Eric Johnson, Senior Technology Editor |
A trade finance startup this week got $7.8 million venture capital investment to arm exporters and logistics providers in Mexico with access to working capital.
Logistics Technology News
New visibility entrant Vizion API gets seed funding
Eric Johnson, Senior Technology Editor |
The field to supply the shipping industry with container level visibility is getting more crowded, with Bay Area-based Vizion API getting seed funding to build more complete container status data.
Logistics Technology News
Forager launches cross-border load board
Eric Johnson, Senior Technology Editor |
Cross-border carriers lack a load board analogous to the widely-used tools available to drivers on US domestic moves, something the broker and technology provider Forager is attempting to address.
Logistics Technology News
Trucking News
Truck brokers
US inventory shortfall drives seemingly ‘never-ending’ peak season
Cathy Morrow Roberson, Senior Contributor, and William B. Cassidy, Senior Editor |
A growing gap between inventory and sales in many US business sectors is projected to drive replenishment, expedited shipping, and high levels of imports for months to come.
Supply chain
Maritime
Trucking News
Rail News
Flexport tackles its PO management gap
Eric Johnson, Senior Technology Editor |
Flexport has developed its own spin on an age-old forwarding solution, the purchase order management system, by focusing on messaging between importers and suppliers.
Logistics Technology News
DSV’s environmental focus shows decarbonization is on front burner
Eric Johnson, Senior Technology Editor |
DSV said it is becoming a sustainability consultant for shippers as it put forth carbon reduction goals last week that govern both emissions it controls and those it doesn’t.
Logistics Technology News
Forwarder user interface becoming a differentiator for shippers
Eric Johnson, Senior Technology Editor |
RIM Logistics turned to an early stage forwarding software provider to help it migrate internal data into customer dashboards so it could avoid losing business to forwarders with intuitive user interfaces
Logistics Technology News
Forwarders enhance CargoWise with software for multi-system demands
Eric Johnson, Senior Technology Editor |
Forwarders are viewing traditional backbone operating systems not as a one-stop technology shop, but rather as a vehicle to attach complementary tools that help them serve shipper customers better.
Logistics Technology News
SF Holdings extends trans-Pacific reach with Kerry Logistics stake
Cathy Morrow Roberson, Senior Contributor |
SF Holdings’ acquisition of Hong Kong-based forwarder Kerry Logistics is a move by SF to expand its international presence.
Supply chain
Forwarders still split on digital quotes: Freightos
Eric Johnson, Senior Technology Editor |
Instant freight quoting is becoming a divided market, with one end focused on large shippers and the other on small and medium-sized businesses, according to Freightos’ annual State of Online Freight Sales survey.
Logistics Technology News
Air Cargo
DSV raises 2021 profit target after strong year
Greg Knowler, Senior Editor Europe |
Greater coverage of air and ocean markets through its acquisition of Panalpina has driven up profitability at DSV, and the forwarder is expecting an even better result this year.
Supply chain
Investors feed small truck carrier tech momentum with SmartHop funding
Eric Johnson, Senior Technology Editor |
Investment continues to surge into technologies that enable small truckload carriers to improve administrative and operational aspects of their businesses, with SmartHop’s $12 million funding round the latest example.
Logistics Technology News
Trucking News
Truck brokers
De minimis importers tap CBP pilots for faster clearance
Cathy Morrow Roberson, Senior Contributor |
Through two pilot programs, US Customs Border and Patrol (CBP) is gathering additional information on potential high-risk shipments and also allowing for electronic document filing on international e-commerce shipments valued at $800 or less.
Supply chain
E2open relists on NYSE to bolster long-term capital needs
Eric Johnson, Senior Technology Editor |
E2open returned to the public markets Friday after a six-year absence, a move that will allow the supply chain software provider to continue to grow organically and through acquisitions.
Logistics Technology News
EU shunning of UK e-commerce opens door for US sellers
Cathy Morrow Roberson, Senior Contributor |
French and German consumers plan to either completely stop or order less goods online from the United Kingdom, according to a recent Pitney Bowes survey.
Supply chain
Outlook 2021: Online quoting activity builds, but real-time rates elusive
Eric Johnson, Senior Technology Editor |
Momentum toward digital quoting and booking in ocean shipping is undeniable, but it remains to be seen whether shippers and forwarders will demand — and container lines are actually capable of delivering — truly dynamic pricing.
Container lines
Logistics Technology News
Soaring visibility demand a sign of heightened B2B delivery expectations
Eric Johnson, Senior Technology Editor |
Container visibility provider ClearMetal said demand for its product aimed at helping shippers improve shipment delivery date accuracy ballooned in 2020 as “customer promise date” becomes a more important logistics metric.
Logistics Technology News
Maritime
Container lines
Outlook 2021: Software providers say data quality at the heart of cargo visibility challenge
Eric Johnson, Senior Technology Editor |
Given the challenges around container tracking data collection and quality, forwarders could one day become the clearinghouse for all the various components of an end-to-end visibility picture, as well as the provider of quality control for that data.
Logistics Technology News
Maritime
Investors arm Slync.io with more cash to grow logistics automation platform
Eric Johnson, Senior Technology Editor |
A new funding round for logistics automation software provider Slync.io is meant to enable the company to expand in Europe and Asia as it seeks to solve long-running manual process issues for forwarders and shippers.
Logistics Technology News
Pandion gets $4.9 million to plot new parcel path for e-commerce
Eric Johnson, Senior Technology Editor |
A new technology-based parcel company, founded by an ex-Amazon and Walmart executive, emerged from stealth development Tuesday with aims on serving retailers spurned or inadequately served by UPS and FedEx.
Logistics Technology News
California asks FMC for immediate action on export delays
JOC Staff |
California’s request for the Federal Maritime Commission to take immediate action on export delays shows political pressure is mounting to deal with Southern California port congestion that began over the summer.
Transport, Trade and Regulation News
Container lines
Outlook 2021: Layered integrations a sign of evolving broker-TMS relationship
Eric Johnson, Senior Technology Editor |
Software providers say the proliferation of integrations between transportation management systems and domestic freight brokers in 2020 hints at a future in which a TMS will no longer be merely a static system, but a living platform.
Logistics Technology News
Truck brokers
Acquisition nets JAS Worldwide e-commerce logistics capabilities
Cathy Morrow Roberson, Senior Contributor |
JAS Worldwide has purchased e-commerce specialist Tigers to expand beyond its traditional international freight forwarding services and better address its customers’ e-commerce needs
Supply chain
European software startup takes aim at empty container availability
Eric Johnson, Senior Technology Editor |
London- and Vilnius, Lithuania-based Cargo Stream is launching a container booking application that looks to address systemic issues around equipment availability and exchange.
Logistics Technology News
Maritime
‘Freemium’ TMSs gaining traction with small truck carriers
Eric Johnson, Senior Technology Editor |
Another new entrant in the small carrier TMS space, Dallas-based Axele, portends more market structure and available capacity for shippers to tap into.
Logistics Technology News
Trucking News
US managed transportation demand soars during COVID-19 disruption
Eric Johnson, Senior Technology Editor |
A surge in demand for Shipwell’s technology-focused managed transportation approach, with freight under management tripling in 2020, is a sign of shippers’ increased reliance on an outsourced approach to logistics.
Logistics Technology News
Trucking News
Trucking firms betting on autonomous driving
William B. Cassidy, Senior Editor |
Companies such as Werner Enterprises, Schneider National, and U.S. Xpress are taking an active role in the development of autonomous trucks, but not, they say, to replace drivers.
Truckload
Logistics Technology News
World Bank, IAPH urge rapid maritime digitization
Eric Johnson, Senior Technology Editor |
The World Bank and International Association of Ports and Harbors are urging ports and maritime ecosystems to quickly find public and private solutions to digitize operations and build data-sharing initiatives to bolster trade growth.
Logistics Technology News
Maritime
North American ports
DB Schenker restarts suspended EU-UK shipments
Greg Knowler, Senior Editor Europe |
Shippers sending goods across the English Channel will only have their cargo accepted by DB Schenker if all customs information is correct.
Supply chain
Shippers urged to rethink container allocation strategies
Eric Johnson, Senior Technology Editor |
Shippers facing a challenging ocean freight environment in 2021 are being urged to develop a plan to tackle a particularly thorny operational aspect in the industry: container allocations.
Container lines
Logistics Technology News
Flexport vets take aim at apparel production management
Eric Johnson, Senior Technology Editor |
Startup SILQ is aiming to provide apparel retailers with an alternative to buying houses, which act as agents that find suitable suppliers in overseas locations.
Logistics Technology News
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