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

20 Feb 2020
Lufthansa Cargo will offer instant air freight quotes via an application programming interface with digital forwarder Fleet, a company in which the German airline invested in 2018.
Transfix looks to the future with guaranteed rate product
18 Feb 2020
The truckload freight marketplace Transfix is allowing shippers to guarantee forward spot rates up to a year out based on an machine learning model it has been using internally for more than a year.
14 Feb 2020
US shippers are demanding more precise delivery times for their goods, as retail charges for late deliveries and better awareness of truck driver hours of service raise the stakes in visibility.
NYSHEX moves into long-term contract space
12 Feb 2020
The New York Shipping Exchange has begun allowing shippers and freight buyers to migrate their long-term contracts with container lines onto the NYSHEX platform, essentially allowing contracts negotiated outside the exchange to be fully and mutually enforceable as if they were transacted within the exchange.
11 Feb 2020
A survey of delivery drivers projects that missed deliveries and time wasted due to outdated and incorrect maps and navigation aids results in $2.5 billion in added costs.
04 Feb 2020
More than a year and a half after establishing a 40-foot container rate index on 12 global trades, the Baltic Exchange has started offering its daily Freightos Baltic Index as a benchmark for freight buyers.
04 Feb 2020
Automating certain components of their transportation procurement and management processes can yield more accuracy in handling freight bills, according to Chris Stauber, chief product officer of transportation management software (TMS) provider Haven.
03 Feb 2020
Traditionally, shippers have been responsible for receiving freight bills and ensuring those bills are accurate, but some are flipping that script through “self-invoicing.”
31 Jan 2020
A pilot program about to begin in the Port of New York and New Jersey would make the data from the port’s container information portal easier to use and help truckers and shippers more effectively manage their cargo.
30 Jan 2020
Shippers, as much as carriers, are driving toward electronic or digital bills of lading, as the need for speed and more responsive, detailed customer service increases.
30 Jan 2020
Port of Tanjung Pelepas (PTP) in southern Malaysia has begun using Portchain’s software to automate and optimize berth planning operations.
29 Jan 2020
The forwarding software providers say they’re integrating SimpliShip’s freight rate management product with Qwyk’s vessel schedule, visibility, and booking tools to create an “out of the box” TMS.
29 Jan 2020
JDA caters to some of the world’s largest importers and exporters, but the challenge it faces, like many incumbent software providers, is staying ahead the innovation curve and making sure the market recognizes that innovation.
NYSHEX volume tripled, membership doubled in 2019
29 Jan 2020
New York Shipping Exchange (NYSHEX) said 96.4 percent of contracts last year were fulfilled, meaning that carriers accepted the cargo for the sailing it was booked for and cargo owners and non-vessel operating common carriers delivered the containers they contracted.
28 Jan 2020
A London-based logistics process automation software provider has landed $7 million in funding to fuel growth of its platform, which is designed to help forwarders unearth data lodged in emails and disparate systems.
28 Jan 2020
The group pushing process and data standards in the container shipping industry has released a new set governing the tracking and tracing of container shipments across systems and carriers.
23 Jan 2020
Supply chain technology providers tell JOC.com logistics practitioners are more interested in automating specific processes than pure self-service models for procuring and managing freight.
23 Jan 2020
A strike by French dockworkers this week is causing severe disruption to carrier schedules as port calls to Le Havre and Marseilles-Fos are cut.
BluJay, project44 team up in latest TMS-visibility partnership
23 Jan 2020
The trend of TMS vendors partnering with ancillary visibility and capacity providers continues apace, this time with BluJay Solutions creating an integration with Chicago-based visibility provider project44.
22 Jan 2020
APL Logistics is providing a visibility product that mingles its ability to connect directly to carriers across modes with its “boots on the ground” to fill in gaps in data completeness and timeliness.
16 Jan 2020
The freight broker GlobalTranz is expanding its reach in the managed transportation services market with the acquisition of Cerasis, a broker that effectively acts as provider of transportation management software and often runs the software for its less-than-truckload, parcel, and final mile customers.
16 Jan 2020
Visibility solutions provider Arviem, which aims to help shippers leverage cargo data into trade finance products, is piloting a process to ease inventory financing burdens on shippers in and out of Austria.
14 Jan 2020
Shipper demand, lower modal boundaries, and changing procurement practices lead LTL technology provider SMC3 to add truckload functionality to its bidding software.
Winmore’s software update is focused around allowing 3PLs to coordinate internally more effectively to win business from shippers.
14 Jan 2020
Tender and bid management software provider Winmore is trying to amplify investments by 3PLs into customer relationship management-based tools by allowing them to assemble bids more quickly and measure the effectiveness of those bids.
Flexport dominated maritime startup investment in 2019
14 Jan 2020
A roundup of investment into international logistics and maritime technology has found that, outside of a $1 billion investment into the forwarder Flexport, total venture funding into startups fell from 2018 to 2019.
14 Jan 2020
“Continuous” truck moves collaboratively arranged by networks of shippers and carriers are the goal of Transplace’s acquisition of Lanehub.
10 Jan 2020
Is technology addressing the real pain points of shipping? Eric Johnson, JOC senior technology editor, explains the editorial concept behind the new El Dorado Tech Experience within TPM20.
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.
07 Jan 2020
Insight into the location and predicted arrival of freight across modes can no longer be confined to a single entity in a freight environment where outcomes between trading partners and service partners are intricately linked.
06 Jan 2020
The electronic logging device (ELD) eventually will help shippers find trucks more quickly, help trucking companies better manage drivers, and help drivers better manage hours. But more integration of ELD data with other systems and more development are needed to deliver bigger benefits.
03 Jan 2020
Confronting cyber threats and trying to minimize their risk is the focus of a new coalition of port stakeholders at the Port of New York and New Jersey.
03 Jan 2020
It took decades to break up shipping conferences’ control and fixing of shipping rates, but now freight forwarders face a new threat from the carrier-backed TradeLens, a group that has already taken control of much of the world's container cargo data.
03 Jan 2020
Gaining visibility into truckload movements allows shippers to improve transportation execution and efficiency, as well as accurately benchmark carrier performance and enforce minimum service standards for providers.
02 Jan 2020
JOC Senior Technology Editor Eric Johnson discusses the theme of the inaugural El Dorado tech conference within the 20th anniversary TPM conference March 1-4, 2020.