Technology

Technology

The waves of disruption that have been lapping at the shore of industries such as retail and taxis are finally beginning to hit shipping, with a slew of start ups entering the transportation sector in recent years. Venture capital firms have been eager to back such companies, and are increasingly funding the most promising technology. Meanwhile, established players in shipping such as Maersk Line and Kuhne + Nagel are funding and developing their own technologies to ensure that they are not overwhelmed by the waters rising around them.

News & Analysis

29 Sep 2020
Forwarders, shippers and software providers connected to CMA CGM’s systems continued on Tuesday to sort through the effects of a malware attack on the Marseille-based container line.
29 Sep 2020
A freight payment vendor catering to international logistics providers has snared $35 million in funding to enable freight bills to be paid online and improve payment accuracy.
25 Sep 2020
Criticism of the truckload broker Convoy for using venture capital to expand its market share reached a fever pitch this week based on a new offering that helps shippers sidestep the annual bid process, a product incumbent brokers claim is not as innovative as Convoy suggests.
22 Sep 2020
A new service from C.H. Robinson could replace the annual truckload bidding process with a more dynamic approach to procuring trucks and increasing savings across networks of freight lanes.
18 Sep 2020
Shippers using third-party vendors to help them manage auditing and paying their freight bills see a sizable advantage in process costs versus those that manage the function in-house, new research has found.
17 Sep 2020
Forwarders can use logistics marketplaces to cater to small shippers that want to be able to secure international freight capacity, a group that is expanding during the COVID-19 pandemic, the head of Freightos’ marketplace told JOC Uncharted this week.
17 Sep 2020
Convoy is providing shippers an avenue to avoid what it considers unnecessary procurement costs associated with negotiating annual truckload bids that aren’t generally honored by either the shipper or carrier.
16 Sep 2020
German digital broker Sennder has scooped up Uber Freight’s European operations for an undisclosed amount, consolidating its position in a market defined by small carriers with employee drivers, not independent owner-operators.
14 Sep 2020
Visibility software provider FourKites has unveiled a product designed to help shippers better track arrival times and delays associated with individual purchase orders rather than entire shipments.
14 Sep 2020
A technology-focused forwarder in New York is using bots from automation startup RPA Labs to automate document management and response workflow for its customers, a signal that robotic process automation is making progress in logistics.
09 Sep 2020
Two Australia-based software providers, Mizzen and Maxamation, have developed a product that will enable container lines to strategize around profitability of dynamically quoted ocean spot pricing.
08 Sep 2020
CEVA will use widely used forwarding software CargoWise to replace legacy systems across its global network of offices as it attempts to match new customer-facing digital capability with a more streamlined back-end system.
08 Sep 2020
Uber Freight on Tuesday said it is providing large shippers with tools meant to complement their existing transportation management systems (TMSs), products that might signal an evolution from broker to software provider.
08 Sep 2020
Logistics software startup Terminal 49 is aiming to arm forwarders and other software providers with an API to more easily convey its container visibility data to shippers.
08 Sep 2020
Venture capital investors have come up with $4 million for TradeLanes, a software provider that helps exporters manage the logistics and compliance elements of trades to increase profit margin per shipment.
03 Sep 2020
The flood of imports to Los Angeles and Long Beach this summer is squeezing truckload and LTL capacity on inland truck routes, more than doubling spot rates to Chicago, as intermodal capacity and e-commerce deadlines remain tight.
02 Sep 2020
Uptake in digital quoting tools at top container lines suggests every carrier will need that capability even if the usage and benefits of such tools aren’t yet clearly defined.
31 Aug 2020
Logistics software providers Qwyk and SimpliShip have jointly landed their second forwarding network as customers, signaling how small and medium 3PLs need technology to keep pace with larger competitors.
27 Aug 2020
Shippers need quicker access to carrier, rate information as lanes, customers, and pricing shift under COVID-19, C.H. Robinson says.
27 Aug 2020
Research into finding a zero-carbon fuel capable of powering international shipping has continued even as navigating the COVID-19 pandemic consumed much of the industry’s attention in 2020.
19 Aug 2020
Growth of Maersk Spot indicates the industry is past the point of no return on adoption of instant quoting tools, with container lines not having this capability lagging behind.
17 Aug 2020
Li & Fung moves to transform its business model as the loss of large retailers, rise in e-commerce, trade wars, and COVID-19 change the sourcing game.
14 Aug 2020
Technology has the potential to solve long-running financing tensions between suppliers and importers, and logistics networks and service providers are likely to be the focal point for these solutions.
11 Aug 2020
Maersk’s recent entry into the TMS space highlights the range of players targeting different segments of a fragmented shipper market that’s gravitating toward web-based tools.
06 Aug 2020
Amazon and UTi vet Ed Feitzinger has joined ClearMetal’s board, attracted by the company’s ability to translate visibility data in better supply chain coordination between large global shippers and their customers.
05 Aug 2020
The disruption and dislocation caused by the COVID-19 pandemic puts a premium on shipper visibility into LTL networks via digitization, as well as “touchless” pickups and deliveries.
04 Aug 2020
The less-than-truckload (LTL) industry is catching the wave of digitization transforming supply chains, as e-commerce heightens shipper demand for improved service and visibility.
04 Aug 2020
A tech-enabled cross-border truckload marketplace is giving shippers access to instantly bookable contract rates for up to a year as it seeks to build density with enterprise customers.
03 Aug 2020
Crowley Maritime’s switch to lift-on lift-off vessels a decade ago didn’t pay full dividends until it adopted an aligned terminal operating system to support its grounded operations at its hubs in Florida and Puerto Rico.
31 Jul 2020
The Latin American market can leapfrog past its supply chain inefficiencies by using technology, but there’s an uphill climb to overcome inertia and differences between markets, a Chile-based forwarder told JOC Uncharted this week.
31 Jul 2020
Logistics managers have to negotiate dueling mandates around speed to market and carbon emissions reductions; a new tool from APL Logistics is designed to help them determine which metric is more important.
30 Jul 2020
A new app marketplace connecting drayage providers and two terminals in Los Angeles could lay down a marker for how software integrations and common data standards will make harbor truckers lives more manageable in the Southern California port complex.
28 Jul 2020
A data-sharing initiative between key container gateways in Europe and Asia underlines the need for shippers and service partners to be connected into multiple shipping networks.
28 Jul 2020
Maersk’s march toward providing supply chain management services and tools for shippers continues with the addition of a control tower software suite aimed at small and mid-sized shippers.
28 Jul 2020
The air cargo industry is gradually moving to electronic bookings between forwarders and airlines, but the evolution could still take time if previous digitization initiatives in the industry are any indication.
27 Jul 2020
With the e-commerce boom accelerating during the COVID-19 pandemic, third-party logistics providers are offering inventory management, visibility, and fulfillment solutions to shippers to support the migration of sales transactions to an online environment.