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

03 Apr 2020
The pandemic adds impetus to the rush to develop more sophisticated tools that can give shippers better insight into future truck rates, and eventually “forward-looking visibility.”
Specialized SaaS visibility supplanting end-to-end approach
11 Jun 2019
Shippers might dream of a single end-to-end visibility system, but providers still specialize in certain areas, so a more realistic approach is figuring out how to stitch deep, but narrow, systems together.
Blockchain pilots target bill of lading digitalization
11 Jun 2019
Blockchain technology being applied to the bill of lading on the Asia-Europe trade.
07 Jun 2019
Visibility solutions must provide ROI to shippers, but to truly drive the value of such technologies, the benefits need to be dispersed to 3PLs and carriers as well.
Wind blades stowed on the deck on the G2Ocean Star Juventas.
05 Jun 2019
CargoX’s “smart” bill of lading allows for the digital transfer of shipping documentation, but CBO Vjeran Ortynski says government acceptance of digital originals will be the “real disruptor.”
04 Jun 2019
Hapag-Lloyd will place tracking devices on 100,000 reefer containers to increase visibility.
Carriers carving out a leading position in blockchain through TradeLens and securing a foothold in Internet of Things-based track-and-trace data through Traxens must be viewed chiefly as a competitive maneuver.
03 Jun 2019
After years of undercutting each other on rates to gain market share and the resulting waves of consolidation, large container carriers seem to have come to a realization that they will sink or swim together.
Loadsmart CEO Ricardo Salgado
31 May 2019
Sponsored: Loadsmart CEO Ricardo Salgado on using Artificial Intelligence to improve predictability of shipping rates.
31 May 2019
The Port of Oakland has received the final installment for the funding of its seaport technology program; the go-live dates for the individual projects are more than three years away.
30 May 2019
At the congested US-Mexico border, the focus is shifting from expediting stranded shipments to managing capacity to optimize the flow of truck freight.
The Tuesday announcement of the TradeLens expansion came a day after Maersk said it would join CMA CGM and MSC as a shareholder and customer of Traxens.
28 May 2019
Container carriers are accelerating their push into the digital space, with three of the five largest lines now contributing to a blockchain platform led by IBM and Maersk, as well as coalescing around a specific piece of track-and-trace hardware.
Traxens is one of a number of container or shipment level sensor makers, but it has the advantage of direct investment from two of the world's top shipping lines.
23 May 2019
The French container sensor company will have 100,000 boxes fitted with its devices by the end of 2020, thanks to large orders from its two shipping line investors.
23 May 2019
Around nine in 10 investments by venture capital firms generally fail, but the risky nature of VC investment is driving increased investment and innovation in logistics. And more than that, the model is here to stay.
22 May 2019
The San Francisco-based firm is one of a small number of venture capital groups looking to change the way VC-backed logistics software startups are viewed within the industry.
20 May 2019
By adding an asset-based drop-and-hook trailer program to its digital brokerage platform, J.B. Hunt Transport Services is redrawing traditional business boundaries.
20 May 2019
At a time when freight volumes should be increasing, they’re slowing, casting a shadow over the outlook for US trucking and intermodal rail operators.
Shippers have to work around visibility data inconsistency and often expensive software implementations.
15 May 2019
Shippers now expect better visibility as newer SaaS companies are redrawing the ease of consumption and functional expectations of track-and-trace technologies.
14 May 2019
Software issues that marred the initial deployment of India’s redesigned port community system have been resolved, but broader stakeholder concerns over data security remain.
14 May 2019
Adding five new members may give the Digital Container Shipping Association the quorum needed to press forward with the development of standard data protocols.
14 May 2019
One of the most prominent global trade management software providers sold for $425 million Monday, a culmination of a series of deals for GTM makers and also the coup de grace in a trio of deals for buyer E2open.
09 May 2019
A blockchain protocol developer and a payroll services company have combined to alleviate the need for small trucking companies to turn to factoring services.
07 May 2019
The pioneer in on-demand warehousing, Flexe, nabbed $43 million in venture capital funding to build out its short-term spot contract logistics marketplace.
07 May 2019
Fast-rising operating expenses for Europe’s road freight industry have overpowered the traditional supply-demand effect with an increase in both capacity and rates.
06 May 2019
Harding most recently served as vice president, freight market intelligence consortiums, and developed transportation market intelligence products for shippers and 3PLs at the supply chain consulting firm Chainalytics.
VC funding expanding regional digital forwarder reach
03 May 2019
Venture capital groups worldwide have been pouring money into the digital freight forwarding model, but the regional proliferation of such companies is mirroring traditional forwarder development.
Specialty food producer Goya manages 15 different ocean freight contracts via software provider Info-X, sourcing its more than 2,500 products from 25 countries.
02 May 2019
Ocean contract management tools are more commonly associated with freight forwarders, but shippers can find value enabling real-time access to centralized rates.
01 May 2019
San Francisco-based domestic freight broker Opus9 has added a new dimension to its instant pricing functionality by offering instant drayage rates.
WEF offers logistics industry-created blockchain 'toolkit'
01 May 2019
A new World Economic Forum initiative is designed to help shippers and other supply chain parties better understand how to judge whether blockchain is required and how to deploy it effectively.
29 Apr 2019
Uber Freight has established a direct integration into SAP’s widely used TMS, enabling the digital broker to expand the demand side of its marketplace and SAP users to tap into Uber’s driver network.
26 Apr 2019
The Port of Los Angeles is attracting support from ocean carriers, terminal operators, truckers, railroads, and other stakeholders for a proposed "cyber resilience center."
25 Apr 2019
The French ocean carrier is offering instant rate quotes as part of a larger suite of electronic tools designed to simplify processes for shippers, as well as bring greater control of CMA CGM’s data in house.
25 Apr 2019
Prior attempts at guaranteed ocean products have struggled due to a lack of demand for higher-priced premium services; what makes Kuehne + Nagel’s KN Pledge any different?
23 Apr 2019
Investments in warehousing technology are being driven not just by e-commerce growth but also by larger shippers wanting to optimize inventory placement as their networks get more complex.
22 Apr 2019
Sponsored: Harnessing big data is the key to increasing fluidity of cargo movements, Port of Los Angeles Exec. Director Gene Seroka explains at TPM19.
17 Apr 2019
Container carrier Zim is the second independent line to join Maersk and IBM’s blockchain platform, with other European carriers poised to join, JOC.com has learned.
16 Apr 2019
Four of the world’s largest shipping lines received clearance this week to begin developing data standards through a new association designed to help carriers to tap more quickly into outside digital innovation.