Logistics Technology Providers

Logistics Technology Providers

Technology is now embedded in the very fabric of the way that freight moves across oceans and land. A major dynamic driving technology in logistics is the rise of e-commerce, which has heightened customer expectations in both consumer and industrial markets, and raised demands placed on logistics teams.

Another major factor is the flood of venture capital funding, underpinning hundreds of logistics technology startups, while serving to accelerate the overall pace of innovation. The dizzying pace of new start-ups, new buzzwords and new information makes it extremely challenging to chart an intelligent, risk-averse path. For shippers, it can be confusing to decide which areas of their business make the most sense to invest in, which specific solutions to use to track their supply chain data and to evaluate their current systems and processes.

The logistics technology choices that ocean carriers make will have a significant impact on the overall direction of the logistics technology sector in the future, because much of the data that shippers need in order to optimize their supply chains originates within the data networks of those carriers. To maximize the benefits of such initiatives, the critical data must be accurate, and must flow through such channels as Electronic Data Interchange (EDI) and Application Programming Interfaces (APIs) in a timely fashion. In an effort to improve the quality of this data, some ocean carriers are taking steps to collectively harmonize their data standards.

Commentary

Can a private blockchain fuse the democratic promise of blockchain with its — private — creator’s tendency to exercise control and ownership over the data? And does that model protect sensitive data, while promoting accountability, visibility, and savings?

News & Analysis

09 Jan 2020
Two technology firms are taking an ambitious step toward bringing shippers, trucking companies, and logistics providers together on one transportation management platform.
08 Jan 2020
Knight-Swift and DAT test a truckload rate forecasting system as shippers and their transportation and logistics providers push out the boundaries of supply-chain visibility.
08 Jan 2020
TradeLens container line participants have filed an antitrust exemption agreement with the Federal Maritime Commission to allow them to discuss how to share information and develop products on Maersk and IBM’s blockchain-based technology platform.
02 Jan 2020
The high-profile financial failings of so-called disruptors like Uber, Lyft, Grubhub, Blue Apron, and WeWork should serve as a warning to investors in the budding digital freight brokerage space.
27 Dec 2019
Virtually every notable new domestic freight broker in the US tied up at least one direct integration with a major transportation management system (TMS) provider in 2019, a trend that will likely continue in the coming years.
20 Dec 2019
The JOC.com editorial team has identified 10 trends every shipper, carrier, and third-party logistics provider should be watching in the upcoming year.
19 Dec 2019
The survey found that 63 percent of quotes provided by forwarders were not instant, with manually generated quotes taking an average of 122 hours from the time a request was made.
19 Dec 2019
The Cass Freight Index suggests the bottom of the trucking market has passed, although the data doesn’t provide a clear picture of when pricing power will flip toward carriers again.
Hapag-Lloyd tabs Blume for digital drayage help
12 Dec 2019
Hapag-Lloyd has turned to Blume Global, which supplies a range of industry brand names, to help digitally manage its North American door moves.
Maersk and NYSHEX are currently offering guaranteed ocean freight contracts, but the number of options available to shippers is expected expand in the months ahead.
12 Dec 2019
Singapore-based container line ONE is the seventh carrier to provide guaranteed digital contracts through NYSHEX, which seeks to resolve the systemic issue of shippers making multiple bookings and carrier overbooking.
11 Dec 2019
Chicago-based startup Transship is teaming with TradeLens and other tech companies to create an automated shipping and forwarding platform for containerized perishables shipments.
SAP to integrate project44 road visibility in North America, Europe
10 Dec 2019
Partnerships between core logistics software providers continue to expand, the latest example being SAP integrating North American and European visibility from project44 for its TMS user base.
J.B. Hunt, JDA latest to join broker-TMS integration trend
09 Dec 2019
Brokers with digital freight marketplaces continue to partner with widely used TMS providers to give users of those systems direct access to electronic capacity and booking capabilities, while the marketplaces get an influx of direct shippers customers.
03 Dec 2019
Cass Information Systems is partnering with the University of Tennessee to enhance its benchmark truckload and intermodal pricing indexes, and explore new data opportunities.
Logixboard sees SaaS as future of forwarding tech
26 Nov 2019
SaaS tools in the international logistics space have been relatively underfunded compared to other models, like digital freight forwarders and marketplaces, but investment in Seattle-based Logixboard could signal investors are ready for more pure software-based plays.
26 Nov 2019
An array of ocean freight portals, mostly developed by tech startups, have entered the Indian freight landscape in recent years, trumpeting pricing transparency and shipment visibility. But they have much ground to gain to seriously challenge traditional players.
Sponsored: Blackberry Radar's Plaat on actionable data challenges
25 Nov 2019
Sponsored: Blackberry Radar General Manager Christopher Plaat on track-and-trace ROI, the biggest hurdles to data accuracy, and tech potential throughout all stages of the supply chain.
14 Nov 2019
"There's a growing appetite to re-evaluate the buying-selling relationship," in freight contracting, says
Convoy snags historic $400 million investment
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.
CargoSmart links shipment data, trade finance blockchains
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.
Michelle Gaubert, director, CyberLogitec America: Top 3 Tech Trends LSPs Need To Watch
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.
CargoSphere, now a part of the forwarding software provider WiseTech Global, has for years been chasing a way to more effectively pull ocean carrier rates electronically into its system.
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.
Glenn Jones, global vice president of the AI-enabled platform Blume Global
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.
APM taps shipping, chassis veteran for NY-NJ terminal
17 Oct 2019
APM’s terminal at the Port of New York and New Jersey, which is undergoing a major upgrade, will be led by an executive with shipping, intermodal and chassis experience, starting Nov. 1.
Flexport adds visibility capabilities with Crux buy
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.
Transplace aims to inject speed, transparency into freight payment
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.
Portrix tie-up advances Xeneta’s forwarding software integration
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.
A host of sensor hardware developers are making products for the container shipping industry designed to provide better location and condition data of ocean-borne goods, but shippers need data from the systems to be interoperable.
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.
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.
Convoy has catered to small shippers before now, but put a pause on serving new customers with fewer than 1,000 truckload hauls this spring and summer.
01 Oct 2019
Convoy is releasing a new transportation management system for shippers relying on spreadsheets and emails -- a free software option that provides access to Convoy quotes and booking.
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.
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.
Mediterranean Shipping Co. has committed to deploying 50,000 smart containers by 2020, using devices manufactured by Traxens.
19 Sep 2019
A discussion on the benefits of adopting smart container technology at the JOC Container Trade Europe conference this week yielded a wide range of projections for what percentage of the global dry container fleet might actually be equipped with such devices in the near future.