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

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.
CMA CGM.
05 Jun 2018
The ocean carrier’s Ze Box venture capital unit has signed a memorandum of understanding with PSA unboXed, the external innovation and corporate venture capital arm of Singapore’s PSA International.
Logistics software.
05 Jun 2018
A funny thing has happened in the last few years even as the role of chief supply chain officer hasn’t become quite so ubiquitous: on-demand, subscription-based software providers have begun to partner more than ever, creating networks of logistics capabilities that often mimic those promised by the broader single suites.
Uber Freight.
04 Jun 2018
The inclusion of carriers with up to 10 trucks in Uber’s capacity pool will help build density and increase the value of its app-based service to shippers.
Maersk Line.
03 Jun 2018
Maersk’s first-quarter earnings conference call was not only a report card on the ocean carrier, as important as that is. It was also a summary of the major trends and factors affecting container shipping.
The arms race among freight forwarding enterprise systems should be a boon for forwarders and their beneficial cargo owner customers by extending the number of applications available through a single platform.
01 Jun 2018
The arms race among freight forwarding enterprise systems should be a boon for forwarders and their beneficial cargo owner customers by extending the number of applications available through a single platform.
A crane positions a container on a truck.
29 May 2018
Shippabo’s founder Nina Luu says shippers struggling to find drayage trucks should start their search at sea, with better visibility into inbound containers. That means using technology to better connect importers, ocean carriers, freight forwarders, customs brokers, and trucking operators in flexible networks.
Deliveryperson delivers an e-commerce package.
26 May 2018
While the data on the phenomenon are in their infancy and hardly comprehensive, it appears less-than-containerload shipping is being propelled higher by several postmodern trends that are changing the nature of global trade, including the rise of e-commerce, more frequent shipping, and technology enabling supply chain monitoring and optimization.
DHL.
25 May 2018
DHL has launched "DHL SmarTrucking" in India, which the company claims will substantially increase the emerging market economy's over-the-road supply chain efficiency.
The Port of Oakland.
24 May 2018
The Oakland Portal that the Northern California port launched Thursday will help beneficial cargo owners, terminal operators, truckers, and other port users share shipment information on a single platform rather than having to access dozens of different websites.
Ethereum.
23 May 2018
ShipChain, the cryptocurrency-based logistics start-up company, was issued a cease-and-desist order Tuesday by South Carolina’s attorney general for allegedly transacting securities as an unlicensed broker/dealer.
Port of Virginia.
22 May 2018
The Port of Virginia has been experiencing glitches with its new Navis N4 software in the Virginia International Gateway terminal. Fortunately, there has not been a major disruption for beneficial cargo owners but it is creating an inconvenience for truckers.
Port of Hamburg.
21 May 2018
Reluctance to embrace new ways of doing business is holding back container shipping, executives said at a Hamburg shipping conference.
17 May 2018
Shippers are turning to parcel terminal management systems to help them more easily and effectively choose the shipping mode and channel of distribution.
The Port of Oakland.
16 May 2018
The more that blockchain becomes understood, the more conceptually, at least, it fits hand in glove with international logistics. But actually transitioning logistics to the paradise of transactions being recorded instantly and efficiently is proving to be quite a formidable task.
A truck travels on a US highway.
16 May 2018
Convoy is among the most prominent of a large crop of digitally powered companies using algorithms to better match capacity and demand.
Trucks at a carrot farm in California.
15 May 2018
The electronic logging device mandate’s impact has rippled across supply chains, and there is no better example of that than the US agriculture export market.
A truck travels on a US road.
15 May 2018
Technology came under the spotlight at the Transplace Shipper Symposium this week, as did the truck driver shortage (as expected). Other topics that may help shippers address their freight transportation problems yielded insights, as well.
The Port of New York and New Jersey.
14 May 2018
NYSHEX’s digital exchange has the potential to increase cargo booking efficiency and reduce uncertainty and volatility, among other benefits. But can the platform evolve to meet the needs of a greater percentage of shippers, including larger shippers with complex supply chains? 
Warehouse in the United States.
10 May 2018
Innovations in the global transportation management system space are happening around the fringes, incorporating things like in-app messaging, better user interfaces, or applying AI layers to existing optimization tools.
09 May 2018
Logistics companies view digitization as an opportunity rather than a threat. 
Trucks traveling in Florida.
07 May 2018
It was President John F. Kennedy who said, “I appreciate candor, almost as much as I appreciate good news.” Place this point in the category of utmost candor: if you thought it was difficult to find a truck in the United States in the first quarter, just wait.
Port of Antwerp.
04 May 2018
The stronger European economy with its rising container volumes and next-generation technology has exposed a weakness in the continent’s supply chain — and it’s one that will likely require the input of all stakeholders to eliminate.
A container ship at sea.
03 May 2018
INTTRA doesn’t see its rate management pilot as directly competitive to those of its partners, but multiple current and former executives involved in the rate management software space have a different evaluation of the pilot’s launch last week.
A container ship passes under the Golden Gate Bridge.
02 May 2018
In that debate, Flexport's CEO underscored the company's performance to date, and how he sees 2018.
DP World's Nhava Sheva International Container Terminal at JNPT.
02 May 2018
The refinement is the latest time-saver from DP World, which has been at the forefront of automation and trade service improvements at Jawaharlal Nehru Port Trust, with direct port delivery being a prime example.
A truck on a US road.
30 Apr 2018
Shippers were surprised by the severity of price increases demanded by US truckers in the first quarter. Logistics executives at the NASSTRAC Shipper Conference said they’re going beyond being “shippers of choice” and thinking outside the box — looking for new ways to create capacity.
27 Apr 2018
Sponsored: In 2017, NYSHEX achieved a 99% success rate on shipper-carrier contracts handled. CEO Gordon Downes discusses the importance of increasing efficiencies and trust through improved contract specificity and compliance, 2017 milestones, and plans for expansion in 2018.
Trucks on a US highway.
27 Apr 2018
With US truckload capacity tight, shippers are investigating any alternative method possible to get their freight off the docks.
A truck travels on a US road.
26 Apr 2018
Intel CEO Andrew Grove observed that the need for transformation could arise with the introduction of a different regulatory environment. Change is unavoidable, but strategic points of inflection are not always obvious in real-time. In the future, it’s likely that April 1, 2018 — the date electronic logging device enforcement “went live” — will be enshrined as a red-letter day for the industry.
The Port of Antwerp.
26 Apr 2018
Among other benefits, automating the management system for contract rates will reduce invoice errors that add to administrative functions, project administrators argue.
25 Apr 2018
Sponsored: April Zobel, member of the NYSHEX member council, on overcoming initial hesitation regarding NYSHEX. 
XPO Logistics.
24 Apr 2018
Some said it could not be done, but Bradley Jacobs is forging new shipper services by integrating assets and resources from across XPO Logistics’ diverse operating network.
A truck travels on a US highway.
24 Apr 2018
A survey of more than 600 owner-operators and small carriers shows little change in detention practices at shipper docks, despite electronic logging and market pressures.
A truck travels on a US road.
23 Apr 2018
The immediate goal may be end-to-end tracking, but greater gains may come as shippers use data to manage capacity.
Vehicle waiting for export in Japan.
21 Apr 2018
Manufacturers and shippers of autos and other vehicles have some of the most detailed contingency plans in the transportation industry for adjusting to weather, port congestion, rail disruptions, and truck capacity issues. And the need to have a resilient plan in place will only be magnified by the climate change era’s increased severe weather events.