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

04 Jun 2020
Werner is the latest broker to use software from Trucker Tools to tap into the app provider’s reach into the North American small carrier and independent driver population.
23 Apr 2020
Freight visibility provider Overhaul, fresh off a $17.5 million funding round in March, is partnering with Schneider’s broker division.
22 Apr 2020
A spike in demand for less-than-containerload (LCL) service suggests US importers are limiting shipping costs by not importing items that may not sell during the COVID-19 pandemic.
21 Apr 2020
A survey of shippers and 3PLs finds the COVID-19 crisis left many companies ill-prepared for the pandemic and will compel them to invest in technology.
21 Apr 2020
Demand for global transport services remains volatile across the supply chain, but the COVID-19 recession has not diminished the urgency required in finding a carbon-neutral fuel source.
17 Apr 2020
As blank sailings pile up on the major east-west trades, the forwarder Kuehne + Nagel updated its Sea Explorer to offer more detailed information on ocean freight service schedules and predicted port arrivals.
17 Apr 2020
The container shipping industry will undoubtedly do more business electronically as a result of the corona­virus disease 2019 (COVID-19), but will digitalization be a force for solving longstanding problems, set the stage for disruption, or both?
16 Apr 2020
The new functionality is designed to help drivers make more informed decisions about which loads they accept by making the pricing more transparent.
15 Apr 2020
Logistics startups are facing a new reality in which funding rounds are likely to be smaller, recurring revenue expectations will be higher and valuations will be greater for subscription-based software than for digital brokers and forwarders.
13 Apr 2020
The world's second biggest container line was slowing resolving a four-day server outage at its Geneva headquarters, a disruption that has affected online processes but not the flow of its customers cargo.
08 Apr 2020
Nothing highlights the need for freight visibility like a crisis, but is a crisis like the coronavirus disease 2019 (COVID-19) the right time for shippers to accelerate investments in such technology?
07 Apr 2020
Online platforms to check rates, procure capacity, and track freight are not new, but forwarder Kuehne + Nagel is testing whether an intra-Asia-specific platform will accelerate uptake of such an approach.
07 Apr 2020
Youredi is the second integration specialist is providing connectivity to a new track and trace container standard developed by the DCSA, a consortium of liner carriers pushing for common protocols and processes in the container shipping.
06 Apr 2020
Supply chain risk monitoring tools have largely been seen as a luxury, not necessity, but COVID-19 is likely to change the industry’s thinking about their ability to adapt to massive disruption.
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.”
ONE targets global electronic bill of lading capability by mid-year
02 Apr 2020
Singapore-based carrier ONE plans to roll out globally an electronic bill of lading through its customer portal starting in the second quarter of 2020.
31 Mar 2020
Slync has made quick progress in landing large forwarders as customers for its automation software, securing an $11 million funding round to fuel its growth despite COVID-19 making investors more conservative.
30 Mar 2020
A $10 million investment into US-Mexico broker Forager could set the company on a path away from its brokerage roots to a more expansive view of cross-border commerce.
27 Mar 2020
Digital truck brokers have found it hard to confidently provide an accurate guaranteed rate to shippers 14 or 21 days in advance because of the unpredictable developments of coronavirus disease 2019 (COVID-19), causing one-off quotes to be higher than normal.
25 Mar 2020
FourKites’ acquisition of the yard management visibility solutions of Denver-based TrackX indicates an intent to build broader freight network visibility for its shipper customers.
19 Mar 2020
A trio of prominent logistics technology CEOs told shippers that navigating the coronavirus crisis comes down to decentralizing inventory and avoiding investment in fixed assets.
18 Mar 2020
Forwarders facing the task of continuing operations while under work-from-home mandates are getting a boost from software providers offering free versions of their products to help companies cope with the new distributed environment.
17 Mar 2020
The logistics software provider Freightos is the latest to react to an uncertain freight market by cutting staff, a move the company attributes to the effect the coronavirus disease is having on supply chains and the financial ecosystem.
16 Mar 2020
Denver-based freight broker Archerhub is taking a driver profitability approach to building a successful technology-based business in a market flush with new digital entrants.
13 Mar 2020
Technological prowess is now an expectation for global third party logistics providers. Allport Cargo Services’ approach is not to build its own proprietary systems, but to act as a superuser of Infor Nexus’ shipping software.
10 Mar 2020
The forward truckload freight contract platform has raised $20 million in capital to fuel growing demand to connect shippers and carriers with a binding agreement that lets them focus on more variable supply and demand issues.
10 Mar 2020
The nine container lines that form the Digital Container Shipping Association have released guidelines intended to give all carriers a "common language" and "tasked-based approach" to meeting an IMO resolution around vessel cybersecurity preparedness.
06 Mar 2020
The global nature of the coronavirus outbreak is throwing containerized goods supply and demand out of whack, but a way through the fog for all parties could be to lean more heavily on predictive analytics software.
05 Mar 2020
Dynamic ocean freight pricing — often conflated with instant quoting — can create some unintended consequences that rebound on the intermediaries upon which shippers rely.
 XPO’s Jacobs: Technology to transform shipping sooner than you think
05 Mar 2020
“Artificial intelligence is the biggest, biggest catalyst of change that I see in the world, and in our industry,” said Brad Jacobs, the chairman and CEO of XPO Logistics.
03 Mar 2020
New offerings released this week by Evergreen and Kontainers underscore the recent shift in how cargo transport is sold online and what’s available to book.
02 Mar 2020
Initiatives aimed at turning container ports from conduits of physical freight activity into hubs for the digital information surrounding those cargo movements are underway in virtually every major global gateway.
02 Mar 2020
Logistics system integration provider Chain.io will help shippers and forwarders connect to carrier track-and-trace data via a standard established by the container line-led Digital Container Shipping Association (DCSA) in January.
27 Feb 2020
The addition of the new members in the Global Shipping Business Network will stoke competition in the race to develop platforms that link carriers, shippers, ports, terminals, customs authorities, and banks.
Freightos rolls out FedEx customs brokerage add-on
27 Feb 2020
The freight rate marketplace provider Freightos will include an option for shippers to add FedEx customs brokerage services on-demand as part of a broader deal between the two companies that also includes FedEx’s use of Freightos’ air cargo pricing and booking tools.
26 Feb 2020
A Southern California drayage software maker has raised more than $10 million to fund development of its marketplace for drivers and shippers, a sign the pace of investment in this once-overlooked freight segment won’t soon slow.