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.

Commentary

News & Analysis

Trucks delivering and picking up containers at a port
13 Dec 2018
There is almost assuredly no one system that will solve inefficiencies, especially in a large port complex with a dozen independently operated terminals like Southern California, speakers at the JOC Port Performance North American Conference in Newark, New Jersey, said this week.
Trucks being loaded.
12 Dec 2018
Matt Kane hopes new services, including factoring and insurance, will draw more truckers and shippers to his ‘no-broker’ loadboard, MyRiteLoad.com.
Two container ships near Rotterdam port.
12 Dec 2018
Two variables shippers will have to determine that will likely influence the instant quote practice’s acceptance/rejection are — will the shipper's business model benefit from an instant quote and an immediate booking? And how much of a premium are shippers willing to pay to obtain them?
Containers stacked at a port.
12 Dec 2018
“PCS 1X is a cloud-based, new-generation technology, with a user-friendly interface. This system seamlessly integrates eight new stakeholders, besides the 19 existing stakeholders from the maritime, trade on a single platform,” a Ministry of Shipping statement said.
The Port of New York and New Jersey.
11 Dec 2018
At the JOC Port Performance North America Conference in Newark, New Jersey, on Tuesday, a key technical director offered insights regarding how to increase port productivity as ships get bigger, including what stakeholders should expect from automation.
A truck travels on a US highway.
10 Dec 2018
Automating often ignored ‘behind-the-scenes’ systems can bring big benefits, including savings and improved customer service, says Echo Global Logistics CEO Doug Waggoner.
CMA CGM and Traxens Technology.
10 Dec 2018
CMA CGM (India) said the smart container was loaded onto the CMA CGM Tosca at Jawaharlal Nehru Port Trust on Nov. 30, destined for Marseilles, France.
A container ship at sea.
07 Dec 2018
The new tools provide peace of mind for a segment of shippers who want web-based booking tools, and also offer a path to value/service differentiation for ocean carriers. But what happens to the value proposition of NVOs and their decades-long relationships and nuanced, specialized services?
Blockchain technology and container shipping.
06 Dec 2018
The challenge of taking blockchain pilots and proofs of concepts to wide-scale adoption is that the latter requires a broad adoption from a range of parties. But with a smart contract, that requirement is much smaller.
Global trade logistics technology.
05 Dec 2018
“By bringing our companies together permanently, we have created the first ever single-pane view into all our customers’ global shipments,” Jett McCandless, CEO and founder of project44, said.
A CMA CGM ship.
05 Dec 2018
CMA CGM is the first carrier to participate on the marketplace hosted by Freightos, a technology startup that until now only provided aggregated rates to forwarders.
Maersk Line.
05 Dec 2018
Container shipping is at a key point in its pursuit of carbon neutrality, and Maersk wants industry help in cleaning up the business.
Blockchain technology and container shipping.
04 Dec 2018
Tyler Smith, director of Viant, a blockchain-based supply chain modeling software company, said consortia have not proven their value, so far, but hopefully they will. He added that consortia are a way to get people involved.
San Francisco, framed by the Golden Gate Bridge.
30 Nov 2018
The infusion of billions of dollars of venture capital (VC) is tasking shippers not only to keep track of a broader range of potential systems to use, but also to think about the financial structure of smaller VC-backed software providers and third-party logistics providers that have recently emerged. Further, failure by shippers to undertake diligence could mean time wasted, in more ways than one.
29 Nov 2018
Sponsored: Remote container management is a game changer for the reefer cargo, said Hamburg Süd's Smet in a 2018 JOC Container Trade Europe Conference panel.
Logistics providers and global trade.
28 Nov 2018
If the top players in the industry coagulate, and if ocean carriers continue to take a broader role in forwarding and logistics activities than they have in the recent past, that will have an undeniable impact on shippers.
CMA CGM.
26 Nov 2018
APL's Nicolas Sartini has experience with turning around CMA CGM acquisitions and will apply this knowledge to CEVA Logistics.
A warehouse/distribution center in the United States.
20 Nov 2018
Those involved in freight auditing, invoicing, and payment services are tapping into new technologies, as well as new methods of aggregating and analyzing data, to meet the changing and, in many cases, more-demanding requirements of today’s shippers.
16 Nov 2018
Sponsored: Xeneta's Thomas Sørbø on opportunities for supply chain redesign when resources are not tied up in a cumbersome tendering process.
Logistics providers and global trade.
16 Nov 2018
The tool is an extension of the company’s Sea Explorer platform, first released in March to help Kuehne + Nagel customers determine which global services best suit their needs based on a number of performance metrics.
A modern/new-design container ship.
15 Nov 2018
Rather than developing a platform, the ocean carriers involved are taking another approach to try to achieve the goal of common information technology standards.
A container ship.
13 Nov 2018
In addition to survey responses, the Jones Walker study offered several cyber-defense recommendations.
Container at the Port of Los Angeles.
13 Nov 2018
Research earlier this year by Drewry Supply Chain Advisors found that large shippers face ocean freight invoicing inaccuracy rates of 2 to 5 percent, while smaller shippers face rates as high as 30 percent.
SF.
12 Nov 2018
Is venture capital (VC) advancing the logistics technology start-up sector for the betterment of shippers? Or is it distorting the market and penalizing well-run companies that are not VC-backed?
Digital bill of lading.
09 Nov 2018
Efforts to digitize the bill of lading that must accompany each shipment, whether on an ocean vessel or tractor-trailer, aren’t necessarily new, but they’re gaining ground in an era of e-commerce and tight capacity.
A truck travels on a US highway.
08 Nov 2018
Investment is growing in start-up collaborative logistics platforms that connect parties and break down silos between areas such as procurement, visibility, and payment.
Freight forwarding.
08 Nov 2018
The triple threat of e-commerce retailers, logistics technology startups, and ocean carriers pushing into the logistics services space is creating pressure on forwarders to innovate in the way they adopt new technology and engage with shippers to maintain value in those relationships.
Eric Johnson, Senior Technology Editor, JOC Logistics Tech Conference.
07 Nov 2018
Blockchain is one of the most-often discussed topics in the shipping industry. Proponents argue it has the potential to transform shipping and supply chain management, among many other uses. JOC senior technology editor Eric Johnson provided a primer on the subject at the recently completed JOC Logistics Technology Conference in Las Vegas.
A truck travels on a US road.
07 Nov 2018
Machine learning tools are often touted as mechanisms to drive next-level benefits in freight movement, but current use cases are more feet-on-the-ground than head-in-the-cloud applications.
Cargo and blockchain technology.
06 Nov 2018
The new consortium, powered by Oracle Cloud Blockchain Service, involves CMA CGM, Cosco Shipping (and subsidiary brand OOCL), Evergreen Marine, and Yang Ming, and the lines represent about one-third of total global container ship capacity.
Technology and shipping.
05 Nov 2018
In the shipping industry, it’s an exciting but risky time. Because tech innovation isn’t native to incumbent players, the risks of a wrong decision are inherently greater and are compounded by the accelerating pace of development and the increasing presence of tech-native players asserting themselves in many segments of the market.
A soybean farm in Kansas, United States.
05 Nov 2018
Coupled with other, recent logistics-focused, blockchain developments, the announcement by Archer Daniels Midland, Bunge, Cargill, and Louis Dreyfus on Oct. 25 could be seen as tangible progress in the advancement of commercially viable uses of the somewhat controversial technology.
XPO Logistics.
01 Nov 2018
A dynamic, demand-based pricing system similar to those used by airlines and hotels is one part of a broader plan that would affect how freight is shipped in the US LTL market.
A warehouse in the United States with workers.
31 Oct 2018
Keep this in mind: Every innovation in technology and transportation since the fax machine was invented, that was intended to disrupt or to disintermediate, was adopted and deployed first by 3PLs and carriers. Hence, your action item lies with your 3PLs and their carrier partners.
A truck travels on a US highway.
30 Oct 2018
In an era of tight US capacity and rising freight costs, shippers need a more ‘holistic’ approach to supply chain visibility, speakers at the JOC Logistics Technology Conference say.
Logistics technology and container shipping.
29 Oct 2018
For one, the acquisition is part of a wider trend toward consolidation in the logistics and supply chain software markets, one in which platforms are coalescing around the idea that global manufacturers and retailers need to execute more processes on fewer common platforms.