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

08 Dec 2022
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.
05 Dec 2022
J.B. Hunt, Uber Freight, and Convoy are partnering to develop and drive broad industry adoption of a standard process for truckload appointment scheduling.
02 Dec 2022
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.
30 Nov 2022
OneRail has channeled the need for shippers to access final-mile capacity and service level consistency into a large venture capital funding round.
29 Nov 2022
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.
25 Nov 2022
Retailers that have seen final-mile costs more than double during the pandemic are increasingly making investments in their last-leg delivery networks.
16 Nov 2022
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.
15 Nov 2022
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.
15 Nov 2022
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.
11 Nov 2022
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.
03 Nov 2022
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.
02 Nov 2022
WiseTech Global has resumed its acquisitive ways with the purchase of Shipamax, a UK-based logistics data extraction software vendor.
02 Nov 2022
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.
01 Nov 2022
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.
27 Oct 2022
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.
25 Oct 2022
A funding round into Shippeo shows that demand for visibility and fragmentation of the market continue to grow despite a slowing venture capital environment.
24 Oct 2022
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.
20 Oct 2022
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.
18 Oct 2022
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.
13 Oct 2022
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.
13 Oct 2022
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.
12 Oct 2022
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.
10 Oct 2022
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.
06 Oct 2022
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.
05 Oct 2022
Overhaul has joined a growing group of visibility providers aiming to connect real-time shipment data to cargo insurance solutions.
05 Oct 2022
The less-than-truckload industry is reaching its technology inflection point, which it will need to capture rising demand from shippers seeking operators that are easy to do business with.
30 Sep 2022
A trio of technology providers want to give shippers the ability to tie sensor-based container data to in-transit cargo insurance decisions.
29 Sep 2022
A consortium of liner carriers and terminals aiming to speed the sharing of shipment data with banks believes it can overcome a chronic consent hurdle in the process.
29 Sep 2022
Tive has been piloting its new pharma product, which meets a variety of requirements around data security and storage, with 34 companies over the past two months.
27 Sep 2022
Shippers are seeking unified data across the modes they use, something that has prompted project44 to integrate data into a single platform it released Tuesday.
20 Sep 2022
A shift from a focus on freight procurement to international transportation management has yielded growth in several regions for transportation management software vendor Cargobase.
19 Sep 2022
Convoy is attempting to differentiate itself within the competitive freight broker landscape by using data gathered from its driver-mandated app to provide more execution-focused visibility insights.
14 Sep 2022
NYSHEX has landed its third funding round in 24 months, a $25 million investment that supports the notion the shipping industry is starting to embrace mutually enforceable contracts.
13 Sep 2022
Linking ocean and air freight visibility has been an elusive challenge for shippers and logistics providers, which has led Vizion and BlueBox to combine their respective data products in a commercial partnership.
13 Sep 2022
MyCarrier has created automation partnerships with 15 less-than-truckload (LTL) carriers and will handle more than $1 billion in shipper freight spend, factors that induced venture firms to invest $22 million in the company.
13 Sep 2022
Demand for rate benchmarking tools grew during the pandemic’s wild pricing swings in ocean shipping, which has helped fuel a new $80 million investment in Oslo-based software provider Xeneta.