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

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.
Maersk IBM blockchain project TradeLens.
09 Aug 2018
Maersk and IBM have fleshed out their designs for an industrywide blockchain solution – an open-source platform called TradeLens. There are a host of other blockchain initiatives in development, but as one stakeholder noted, they joined the Maresk-IBM venture based on Maersk’s history of innovation and IBM’s technological prowess, which gives the platform a “high probability of success.”
Uber Freight.
07 Aug 2018
That upgrade for Uber Freight could lead to expanded, pro-active opportunities for shippers.
A freight train in Mexico.
06 Aug 2018
Like other emerging markets, it is a “bad news, good news,” circumstance for Mexico. The bad: surface transportation and logistics operations are straining to meet shipper demands. The good: Mexico appears to have arrived on the global trade stage, with all key metrics advancing.
A truck at the Port of Los Angeles.
06 Aug 2018
The E*Dray platform will enhance the ability of beneficial cargo owners and their truckers to aggregate containers into peel-off piles at the ports — and with the new system the potential is there for a substantial reduction in truck turn times.
Port of Halifax.
03 Aug 2018
The port of Halifax has three objectives in mind with its tech upgrades, and if the port is successful shippers and other trade stakeholders will benefit from all three.
Visakhapatam Port, India.
03 Aug 2018
A crop of logistics startups has been gradually aiming to change India’s paper-based ocean freight processes, building several different technology models to tap into demand for better access to rates and visibility of shipments.
A truck travels on a US highway.
01 Aug 2018
Uber’s decision to scrap its autonomous trucking plans does not mean there will not be “driverless” trucks someday, but it does dispel a notion that had caught fancy, in some circles.
APM Terminals Pipavav.
01 Aug 2018
APM Terminals is in the midst of a whirlwind trade outreach program, with the goal of attracting more customers to its recent ease-of-doing-business measures.
UPS electric Class 6 delivery trucks.
31 Jul 2018
The largest global transport operator is amping up its efforts to develop electric trucks as fuel costs and emissions rules spur demand.
Crypto currency and fiat currency.
30 Jul 2018
The decision may have positive implications for other public blockchain solutions reliant on a token to underpin transactions.
28 Jul 2018
One thing is certain regarding blockchain technology circa mid-2018: it has the potential to transform and dramatically improve logistics efficiency. But that potential will remain only that — potential — until many paramount issues are resolved to universal satisfaction.
APL ship at the Port of Oakland.
26 Jul 2018
APL’s blockchain aims to include a range of container shipping processes, with an example of the platform’s utility being the elimination of the redundancy, needless rekeying, and back-and-forth of one essential task.
A Cosco container ship.
25 Jul 2018
As Cosco continues to guide its customers through email transmissions for the booking of cargo, there was good news on Wednesday.
Logistics providers - global reach.
25 Jul 2018
Log-Net’s $14.4 million jury verdict provides hope to small logistics providers seeking to defend their proprietary value added, but the case also serves as a note of caution for smaller, growing tech companies.
A Cosco ship.
24 Jul 2018
Since Cosco’s overseas operations have not been affected, communication with US offices is able to take place, although at a slower pace, a key Cosco official said Tuesday.
Hyundai Merchant Marine.
24 Jul 2018
The exchange is about encouraging carriers and shippers to move past a system driven by uncertainty: beneficial cargo owners face no penalty for booking a certain volume of cargo on a ship, and then failing to send it; and carriers face few consequences for leaving containers on the dock.
19 Jul 2018
Singapore's local drayage market has historically been highly disorganized and reliant on outdated modes of communication.
Trucker Tools smartphone app.
12 Jul 2018
The question shippers are asking is, “If you see the freight, can’t you let me know where there’s carrier capacity available?”
Port of Los Angeles.
11 Jul 2018
Pushing data back to users may very well prove to be the pivotal point at which the container shipping industry shifted en masse to portals. But getting to that step will likely require another cultural shift.
Jawaharlal Nehru Port Trust.
11 Jul 2018
The government has set a firm Sept. 30 deadline for all ports and terminals to join the radio frequency identification (RFID) program; a decree allows stakeholders to apply a mandatory RFID user charge of about $2 per container.
Blockchain and the world.
09 Jul 2018
Many experts argue that blockchain technology is tailor-made for container shipping’s international logistics work. But blockchain faces numerous hurdles — the biggest of which may be cultural.
06 Jul 2018
The world’s biggest transport operator sees a combination of fuels and technologies as necessary to meet shipper sustainability goals.
Tokyo, Japan.
05 Jul 2018
Global trade-oriented blockchain solutions are moving from pilot to purported commercial viability in Asia and Europe, as shippers evaluate whether blockchain is something in which they should invest in the short term and which project to back.
California Los Angeles interchange.
03 Jul 2018
Cell phone service providers may soon pull the plug on a key data pipeline underpinning domestic visibility software, but most companies have switched to other location systems. Shippers need to ensure that their providers aren’t overly exposed to this cell phone triangulation data.
A Hapag-Lloyd ship.
01 Jul 2018
Like the US airline industry earlier, the global container shipping industry has reached a point where cost cutting and mergers will yield little if any additional value. This is the view of a longtime carrier executive, a Maritime Hall of Fame inductee who argues creating value for customers will characterize the current era, with customer service the first visible change area.
Maersk Line.
29 Jun 2018
Maersk's annoucement that it has used the start-up software provider to build its new e-commerce interface makes two points that all stakeholders in container shipping should note.
Two container ships at sea.
29 Jun 2018
Technology, and in particular visibility and cargo track/trace tech, offers a multitude of benefits, including improved efficiency. But along with a monetary cost/benefit analysis, potential users should ask if they are willing to accept any operational adjustments that will be required to use it.
A truck travels on a US road.
29 Jun 2018
Shared worksheets and manipulatable charts are the standard in trucking logistics, as they are in other sectors, but there is a scenario that would see truckers, shippers, and others abandon them.
Daimler Trucks etruck.
28 Jun 2018
Heavy-duty and medium-duty electric trucks from the largest US truck maker will get a workout in applications such as drayage, as a step toward full production.
Port of Oakland.
27 Jun 2018
Shippers have long pushed back against index-linked contracts, due to low rates from chronic overcapacity, but the methodology at the core of Xeneta’s new index might satisfy shippers — as well as solve several business operation problems.
CMA CGM.
25 Jun 2018
Ocean carriers have begun investing directly in start-ups, and in some cases deploying these solutions more broadly. Furthermore, as the tech sector worked through initial roadblocks, the market for sensor technology to track international freight has been steadily warming the last two years, as shippers seek more-accurate and real-time information.
St. Petersburg.
21 Jun 2018
The new community, approved by the Russian Federal Anti-Monopoly Service and the Federal Customs Service, will work to speed port operations and and decrease shipper costs.
Fleet of Oregon.
19 Jun 2018
With its first-move advantage fading, the digital forwarding industry is entering its second phase marked by a mushrooming of providers, a pivot away from marketplaces, and a subsector seeking to give so-called traditional forwarders digital chops.
Krishnapatnam Port.
18 Jun 2018
Krishnapatnam Port — a fast-growing, privately operated east coast gateway — has set up Rapiscan X-ray machines and radiation portal monitors for cargo inspection — touted as the first-of-its-kind customs’ initiative at Indian ports.
Port of New York and New Jersey.
15 Jun 2018
While terminals have made good strides in improving technology within their four walls, they are poorly connected with the greater supply chain in which they play a critical role as the interface between the water and the land; that connectivity has to occur for the industry to advance. And with International Longshoremen's Association and International Longshore and Warehouse Union labor peace, there’s now time to do it.