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

14 Nov 2019
"There's a growing appetite to re-evaluate the buying-selling relationship," in freight contracting, says Xeneta CEO Patr
13 Nov 2019
The freight broker Convoy has landed the second biggest single funding round in North American logistics technology industry, as its investors more than double down on the idea of technology solving inefficiencies and waste in the truckload market.
12 Nov 2019
Through a partnership with the software provider BlueX Trade, the Taiwan-based container carrier will allow shippers and non-vessel-operating common carriers (NVOCCs) to book space digitally “within minutes,” the companies said Tuesday.
07 Nov 2019
DHL Forwarding has been trialing a blockchain-based system of producing invoices for one-off non-contractual shipments with its customer Hewlett Packard Enterprise.
06 Nov 2019
Shipment management software provider CargoSmart has tested a connection between a Hong Kong banking platform and shipment data provided by terminals and container lines to speed approval of trade finance processes and expand the range of shippers who can receive financing services.
05 Nov 2019
Sponsored: Logistics service providers need to understand that cargo owners are expecting the visibility of Amazon packages for their freight, said Michelle Gaubert, director, CyberLogitec America.
05 Nov 2019
The freight rate management software provider has developed a uniform way for carriers to convey real-time rates to forwarders and NVOCCs using its rate-sharing platform, allowing for quicker and more accurate quoting to shippers.
Challenge to ELD rule resurfaces at FMCSA
05 Nov 2019
Regulators are accepting comments on a petition to exempt small carriers from the ELD mandate, as the final compliance deadline for truck drivers and carriers approaches.
31 Oct 2019
Sponsored: Is email slowing us down? Erik Long, account executive with Front, discusses innovative solutions for handling email volume and strategies for helping logistics companies prioritize emails and capture more revenue.
29 Oct 2019
The agreement will see Flexport offer full containerload (FCL), air cargo, and final mile services in the United States and EU to SF Express’ Chinese customers. SF Express essentially will act as a channel partner for Flexport.
29 Oct 2019
Increased use of dimensioning equipment and more detailed cost analysis is seen lifting the floor for LTL and truckload pricing in the future.
29 Oct 2019
A venture capital-backed freight broker wants to create carpooling opportunities for LTL by using technology instead of physical terminals to aggregate shipments.
29 Oct 2019
The partnership with Wing furthers CMA CGM’s attempts to provide an array of logistics services beyond port-to-port vessel operation, focusing on last-mile logistics for small and medium sellers the container lines is targeting with broader digital services.
25 Oct 2019
Sponsored: Alabama State Port Authority Vice President of Operations Bill Inge on $1 million infrastructure projects and how technology has met the unique needs of breakbulk shipping.
23 Oct 2019
Seattle-based startup Logixboard has garnered $4.2 million in funding, joining a growing list of software providers aiming to enable forwarders to compete.
21 Oct 2019
In his JOC LogTech keynote presentation, Abir Thakurta, supply chain vice president for retailer Havertys, addressed the tech burnout many in the supply chain industry feel with new technologies.
21 Oct 2019
The recent wobbles of WeWork connect to the forwarder Flexport, which shares the same primary investor, but also might be constrained to grow in the way a pure software provider does.
17 Oct 2019
Sponsored: JOC LogTech 2019 Panelist Glenn Jones, global vice president of the AI-enabled platform Blume Global, on steps needed to move industry past limited understanding of visibility as just track and trace and his vision for where it can go.
17 Oct 2019
GCT has joined with a number of other terminal operators in participating in the IBM- and Maersk-developed TradeLens platform to get better access to container data and visibility.
El Dorado, a new tech experience at TPM20
17 Oct 2019
The two-day "El Dorado" tech experience will address the growing need among beneficial cargo owners, third-party logistics providers, container lines, ports, and other freight transportation interests to understand the true value of technology and navigate an increasingly complex landscape of vendors and emerging technologies.
10 Oct 2019
With the acquisition of the software maker Crux Systems, Flexport is becoming a provider of third-party visibility data while also eschewing concerns about M&A expressed in the wake of its $1 billion round of funding in February.
10 Oct 2019
The pace of technological growth is exceeding the logistics sector’s ability to come up with ways to use it, leaving the market with “solutions” that do not align with actual shipper needs.
10 Oct 2019
The Reston, Virginia-based software supplier’s new “Book it Now” feature adds an execution element to its existing load-matching capabilities.
10 Oct 2019
Venture capital firms are pouring an unprecedented amount of funding into logistics-focused startups, but a focus on rapid revenue growth over sustainable profitability may not be leading these companies away from products that would provide the most value to shippers.
09 Oct 2019
A California-based digital freight marketplace sets a five-year goal to replace its asset-based diesel fleet with alternative power.
07 Oct 2019
Payment options and visibility for carriers working with progressive freight brokers are expanding, exemplified by Transplace’s integrations with two third-party solutions for small and larger carriers.
07 Oct 2019
The contract rate benchmarking platform Xeneta has tied up another integration with a freight forwarding software provider following its first such partnership in June, signaling that its data is most effective when piped into a system that contextualizes it.
03 Oct 2019
The Marseille-based technology provider has developed a UN standard for sensor-based container messages it hopes will be used widely throughout the industry to make such systems interoperable for potential buyers and users of tracking solutions and associated analytics.
02 Oct 2019
Drewry’s contention is that an online marketplace where ocean freight buyers and sellers could agree on binding forward commitments would eliminate inefficiencies in the existing spot market.
01 Oct 2019
While the search for true end-to-end visibility continues, the rise of partnerships between visibility providers in distinct legs continues with surface transportation-oriented software company FourKites partnering with container visibility provider Ocean Insights.
30 Sep 2019
The convergence of contract and spot rates for ocean freight and the increased availability of instant digital quoting tools is pushing more cargo to the spot market and changing shipper negotiation strategies for long-term contracts.
30 Sep 2019
An early blockchain-based liner shipping product has shuttered due to a lack of demand, signaling that the industry is still struggling to understand the concept and the value of blockchain and cryptocurrency.
26 Sep 2019
As more technology is integrated into the supply chain, a Coyote Logistics survey examines what tasks are given to computers and what humans should continue to handle.
26 Sep 2019
E-commerce giant Amazon has purchased Los Angeles-based startup INLT, cloud-based software-as-a-service (SaaS) global trade management (GTM) provider for US importers.
24 Sep 2019
Traction for some of the biggest names in the logistics software startup world means partnering with the old guard to drive access to shippers.
24 Sep 2019
The partnership with JDA is the latest sign of how Maersk is seeking to become an integrator, deepening its reach into landside transport, customs brokerage, and distribution.