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

22 Oct 2021
DP World continues to expand its basket of digital services to complement investments it’s made in physical assets, all designed to funnel volume into its terminal operating network.
22 Jun 2021
Freightos is linking its freight marketplace and rate management products to offer forwarders a white label quoting and booking solution.
21 Jun 2021
Investment fund SoftBank has plowed $240 million into Flexport’s European rival Forto as it expands its bet on progress for the digital forwarding model.
17 Jun 2021
Record-high container freight rates are underscoring the need for shippers to be able to benchmark against peers, a factor in Oslo-based technology provider Xeneta nabbing a new round of venture capital Thursday.
17 Jun 2021
Expansion into China is another piece of progress for TradeLens, the visibility and shipment data platform co-developed by Maersk and IBM.
16 Jun 2021
Retailers and logistics providers are utilizing technology offerings from such providers as Bringg to expand and manage last-mile delivery options.
16 Jun 2021
Vancouver-based Freightera, an online trucking marketplace, has found that more environmentally friendly motor carriers are often lower in cost as well.
15 Jun 2021
The latest shipping line to be hit by a cyberattack, HMM said the incursion has crippled its email systems but has not affected its booking documentation functions and has not resulted in any data breaches.
14 Jun 2021
A partnership between forwarder Shifl and visibility provider Terminal49 is representative of a market where forwarders need to help shippers overcome a deficiency of container status information.
10 Jun 2021
Singapore-based drayage technology provider Haulio has tied up with CMA CGM to handle coordination of port trucking in Thailand as it seeks to build a Southeast Asia-wide platform.
10 Jun 2021
European transportation technology heavyweight Transporeon has acquired freight procurement automation specialist TNX Logistics in a bid to amp up its customers’ spot buying prowess.
09 Jun 2021
Maersk Growth invests in an autonomous trucking company whose products are starting to be rolled at trailer yards across North America.
08 Jun 2021
With a new set of bots, a logistics automation startup is aiming to help forwarders minimize the labor they use to address customer enquiries, from spot quotes to track and trace status.
08 Jun 2021
Visibility provider Overhaul has received $35 million in funding, led by infrastructure giant Macquarie, to expand its risk reduction-based approach to supply chain visibility globally.
03 Jun 2021
Maersk is offering a new digital tool for customers that provides carbon footprint visibility across the end-to-end supply chain, which fits with the carrier’s accelerating push to become a full-service logistics integrator.
02 Jun 2021
Supply chain optimization firms Locus and Shippo each received $50 million in new funding, while 3PL Redwood Logistics acquired two parcel companies and merged them into a new last-mile division.
01 Jun 2021
project44 has landed a $200 million funding round, mere months after its previous cash injection, as it eyes consolidating the top of the freight visibility market.
27 May 2021
E2open’s acquisition of BluJay Solutions is its first since going public in February and gives it more TMS firepower, broader sales reach in Asia, and bolsters its ability to upsell to global forwarders.
27 May 2021
project44 has followed its March acquisition of visibility provider Ocean Insights with another deal for competitor ClearMetal, whose customer base is primarily large global manufacturers.
26 May 2021
DAT Freight & Analytics said carriers using its load board to find spot market freight will be able to use FourKites’ electronic logging device to provide visibility to shippers.
26 May 2021
Vanguard Logistics has begun providing forwarder customers direct access to rates via Freightos’s WebCargo product, a shift designed to expedite the quoting and booking process.
24 May 2021
Transportation management systems are widely used by shippers, but transportation consultants contend that because software architecture has changed, cargo owners may be better off cobbling together independent tools to meet their needs.
19 May 2021
Convoy is expanding its drop-and-hook program to cover more spot freight, a move that lets shippers negotiate demand variability without sacrificing the efficiency benefits of pre-staged loads.
18 May 2021
Logistics software startup Splyc is using automation to tackle what it sees as a major issue in container logistics technology: the speed with which information is passed from one system to another.
17 May 2021
A new funding round for Zencargo is a further signal that the digital forwarding model has legs in a market where turning to a logistics provider to incorporating data in planning decisions has become the norm.
13 May 2021
Optimal Dynamics, a technology provider that helps truckload fleets optimize the deployment of their assets, has landed a large early-stage funding round led by well-regarded venture firm Bessemer.
12 May 2021
European digital freight broker sennder has continued its acquisition activity by buying a Dutch dedicated fleet broker to add to its growing network.
11 May 2021
An integration with transportation software provider MercuryGate connects Trucker Tools to broker users, but also gives it a more direct link to shippers.
11 May 2021
The list of container lines able to quote rates and accept bookings through their websites has expanded over the past year, with Singapore-based Ocean Network Express now giving shippers and forwarders such tools.
11 May 2021
As truckers and shippers build their own chassis fleets, technology is being introduced to maintain and repair their equipment at the lowest possible costs.
10 May 2021
The importance of integrating rate management capability into a forwarder operating system has driven Descartes to acquire German software maker Portrix, the third such acquisition by a widely used forwarding system in recent years.
07 May 2021
BluJay Solutions’ acquisition of a rail transportation management software provider rounds out its solutions for shippers that struggle with coordinating rail shipments with movements in other surface transportation modes.
06 May 2021
Perishable shippers seeking to wean themselves off a reliance on brokers have a new venture-backed platform that connects them directly with a network of pre-vetted reefer carriers.
06 May 2021
As shippers wrestle with atypical constraints on labor and heightened distribution performance demands, venture capital firms have backed warehouse analytics software vendor CognitOps to help them connect disparate systems.
04 May 2021
A partnership between AscendTMS and uShip to combine instant LTL capacity with truckload capacity is designed to enable shippers that typically struggle to secure space from LTL regional and national carriers.
30 Apr 2021
project44’s expansion into Asia and a new partnership with a risk management platform signify its aims to augment the number of use cases for transportation visibility.