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

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.
Port Greer, South Carolina, United States with rail.
24 Oct 2018
Haven's product, called Origin, is carrier-neutral and intended to enable shippers to make bookings for ocean, air, trucking, and rail shipments either direct with carriers or with freight forwarders.
A container ship.
22 Oct 2018
The acquisition by E2open allows INTTRA to tap into a base of manufacturers and other shippers, a customer segment with which INTTRA has struggled over its history.
A highway interchange in California, United States.
17 Oct 2018
The agreement will see the two companies provide their respective customer bases with tracking access to 175,000 multimodal carriers — 90,000 in North America and 85,000 in Europe.
A CMA CGM ship.
17 Oct 2018
The carrier raised its stake in the logistics service provider a week after CEVA Logistics rejected a $1.5 billion takeover bid from rival DSV.
Mediterranean Shipping Co.
15 Oct 2018
The Geneva-based carrier said it will roll out the “smart” containers in the coming months, enabling users to follow the movement of containers in real time through the Internet of Things.
PSA.
10 Oct 2018
“We have to move together with the village so we can all advance together and create the solutions that the new economy requires,” PSA International Group CEO Tan Chong Meng told roughly 500 attendees in his keynote address at JOC's TPM Asia 2018 Conference in Shenzhen on Wednesday. “Somewhere in our strategies, I hope we will overlap.”
08 Oct 2018
While Loadsmart is far from the only startup to take on the idea of automating certain parts of the truck brokerage business — Convoy, Transfix, and Uber Freight are the most notable names in this movement — the former has been on a different growth path.
A container ship and containers at a port.
08 Oct 2018
The International Longshoremen’s Association’s boycott of the 44th Congress of the International Transport Workers’ Federation, which begins Sunday, provides additional evidence that the introduction of further automation will not be a quick and simple process.
Chicago - logistics technology capital.
08 Oct 2018
End-to-end visibility will make supply chains more efficient, Chicago-based project44’s President Tommy Barnes says, but only if shippers use data received to collaborate with partners.
Transportation California 110 and 105 interchange.
02 Oct 2018
One month after the global transportation management system provider MercuryGate sold to Summit Partners, a private equity group, the smaller Cloud Logistics was snapped up by E2open, a supply chain software provider best known for its planning, demand forecasting, and supplier management functions.
port of Singapore.
01 Oct 2018
Global port-moves-per-hour, the top-line measure of port call productivity, decreased 4 percent, effectively meaning ships spent an extra 70,000 hours in port in the first half of 2018 compared with the first half of 2017, according to an analysis of JOC Port Productivity data.
Trucks travel on a US highway.
01 Oct 2018
The quickened pace of investment in the freight tech space amounts to growing expectations from venture capital investors that one or more of these companies will be able to truly transform a fragmented and often inefficient market.
LTL freight.
26 Sep 2018
Digitizing the bedrock shipping document would help less-than-truckload carriers cut costs and optimize freight flows while returning some of those gains to shippers.
Port of Oakland.
25 Sep 2018
“Integrators are moving up the chain — they used to focus on last mile, but more and more are focusing on long-haul legs. Customers [such as Amazon and Alibaba] are becoming competitors,” Ulrik Sanders, senior partner and managing director of Boston Consulting Group, told attendees at JOC’s Container Trade Europe conference in Hamburg last week.
UPS electric trucks.
24 Sep 2018
Despite the growth of the electric truck market and related battery tech advances, diesel technology will hardly disappear any time soon, an IHS Markit study forecasts.
Port of Oakland.
24 Sep 2018
It is one of the ironies of container shipping. While the container may be one of the world’s greatest universal standards, creating untold benefits to trade and prosperity, the process of standardization around the movement of the container remains woefully incomplete.
A truck travels on a highway in California, United States.
20 Sep 2018
In a US truck sector characterized by scarcity, tech visibility works both ways, and truck companies are using technology to track delays and driver detention at shipper facilities. That’s all the more reason for customers to become a “shipper of choice.”
An Amazon center.
20 Sep 2018
The pace of technological change is set to increase exponentially. “This is the slowest rate of change you’ll experience the rest of your life,” Peter Sheahan, CEO of the Karrikins Group, said. 
Port of Los Angeles stacked containers.
18 Sep 2018
Marine terminals, rail ramps, and distribution facilities provide ideal opportunities for the use of autonomous vehicles.
San Francisco.
18 Sep 2018
Tech startup Flexport’s rockstar status in the international logistics sector means it's under the microscope concerning volume, whether it can produce a profitable business model or achieve a profitable exit for its investors, and what it actually does that represents a fundamental break in the forwarding industry.
Logistics providers.
17 Sep 2018
A new breed of commercial solutions, mostly developed by startups, aiming to reshape price discovery and ease of quoting, has engendered new possibilities when it comes to freight derivatives.
A truck travels in the United States.
14 Sep 2018
The smaller brokerage focusing on shipper supply chain management is GlobalTranz’s first major deal since it was sold to a new private-equity owner in June.
Port of Oakland.
14 Sep 2018
The move by TraPac provides additional evidence regarding the North American port trend to extend terminal gate hours to accommodate rising volume.
A warehouse in the United States.
13 Sep 2018
Overall, recent research by Drewry Supply Chain Advisors found that the liner shipping industry is exposed to $34.4 billion in invoice and payment processing inefficiencies, based on 1.26 billion invoices issued in 2017.
Port of Manzanillo, Mexico.
10 Sep 2018
Just call it “two functions for the price of one tech,” as Mexico’s trade stakeholders implement technology.
Trucks travel on a US highway.
06 Sep 2018
The provider, Lanehub, this week said it was extending its lane matching, collaborative procurement platform to capture empty backhauls on dedicated and private fleets based on demand from its customers.
Two container ships at sea.
06 Sep 2018
Its status may change in the future, but at least for now, instant pricing is a bit of a two-edged sword for ocean carriers.
Maersk Line.
06 Sep 2018
Electronic seals are considered tamper proof and, as such, the new process enhances supply chain security. In addition, as the process eliminates the need for physical, on-site inspection by customs officials, it can reduce shipper logistics costs.
The Port of Oakland.
04 Sep 2018
If ocean carriers are to succeed in migrating shippers to an online quoting environment in this increasingly crowded environment, they will have to prioritize investment in such tools. But, more than that, they’ll have to move away from a trait that has defined container shipping for decades, if not generations.
Containers stacked at a port.
30 Aug 2018
Mahindra bought a stake in Transtech Logistics, a domestic Bangalore-based tech-driven platform, also known as ShipX.
A container ship in San Francisco Bay.
29 Aug 2018
The critical questions for early-stage software providers targeting the beneficial cargo owner community are these: what is the best path to reach shippers in a financing environment flush with cash? And can a startup get traction among customers quickly enough to drive revenue, or does it need outside investment to help it develop scale?
Blockchain primed to reduce shippers’ paper costs
23 Aug 2018
CargoX said the cost to produce and transfer a bill of lading using its Smart B/L was 85 percent less expensive than traditional means. But is a public blockchain such as CargoX’s suitable for the shipping industry?
Uber Freight.
21 Aug 2018
Uber Freight’s app has become a market participant at a time when US truck capacity is very tight and shippers are looking for ways to counter (or at least blunt) the remarkable amount of negotiating power transport companies have.
Jawaharlal Nehru Port Trust.
21 Aug 2018
The latest tech upgrade at Jawaharlal Nehru Port Trust represents more good news for truck drivers.
Maersk Eureka.
20 Aug 2018
Both freight intermediaries and ocean carriers are under pressure to avoid sitting on obsolete rate data, pressure that’s been placed on them by the rise of transparent freight pricing models.