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.

Commentary

News & Analysis

Global logistics providers.
17 Jan 2019
The consolidation moves among large forwarders have drawn a mixed response.
15 Nov 2018
Sponsored: TenderEasy's Chief Commercial Officer Fredrik Nergell details the potential for a digital data ecosystem enabling greater accuracy and discusses his expectations for the evolution of freight procurement.
A container ship.
13 Nov 2018
In addition to survey responses, the Jones Walker study offered several cyber-defense recommendations.
Container at the Port of Los Angeles.
13 Nov 2018
Research earlier this year by Drewry Supply Chain Advisors found that large shippers face ocean freight invoicing inaccuracy rates of 2 to 5 percent, while smaller shippers face rates as high as 30 percent.
12 Nov 2018
Sponsored: Remote container management is a game changer for the reefer cargo, said Hamburg Süd's Smet in a 2018 JOC Container Trade Europe Conference panel.
SF.
12 Nov 2018
Is venture capital (VC) advancing the logistics technology start-up sector for the betterment of shippers? Or is it distorting the market and penalizing well-run companies that are not VC-backed?
Digital bill of lading.
09 Nov 2018
Efforts to digitize the bill of lading that must accompany each shipment, whether on an ocean vessel or tractor-trailer, aren’t necessarily new, but they’re gaining ground in an era of e-commerce and tight capacity.
A truck travels on a US highway.
08 Nov 2018
Investment is growing in start-up collaborative logistics platforms that connect parties and break down silos between areas such as procurement, visibility, and payment.
Freight forwarding.
08 Nov 2018
The triple threat of e-commerce retailers, logistics technology startups, and ocean carriers pushing into the logistics services space is creating pressure on forwarders to innovate in the way they adopt new technology and engage with shippers to maintain value in those relationships.
Eric Johnson, Senior Technology Editor, JOC Logistics Tech Conference.
07 Nov 2018
Blockchain is one of the most-often discussed topics in the shipping industry. Proponents argue it has the potential to transform shipping and supply chain management, among many other uses. JOC senior technology editor Eric Johnson provided a primer on the subject at the recently completed JOC Logistics Technology Conference in Las Vegas.
A truck travels on a US road.
07 Nov 2018
Machine learning tools are often touted as mechanisms to drive next-level benefits in freight movement, but current use cases are more feet-on-the-ground than head-in-the-cloud applications.
Cargo and blockchain technology.
06 Nov 2018
The new consortium, powered by Oracle Cloud Blockchain Service, involves CMA CGM, Cosco Shipping (and subsidiary brand OOCL), Evergreen Marine, and Yang Ming, and the lines represent about one-third of total global container ship capacity.
Technology and shipping.
05 Nov 2018
In the shipping industry, it’s an exciting but risky time. Because tech innovation isn’t native to incumbent players, the risks of a wrong decision are inherently greater and are compounded by the accelerating pace of development and the increasing presence of tech-native players asserting themselves in many segments of the market.
A soybean farm in Kansas, United States.
05 Nov 2018
Coupled with other, recent logistics-focused, blockchain developments, the announcement by Archer Daniels Midland, Bunge, Cargill, and Louis Dreyfus on Oct. 25 could be seen as tangible progress in the advancement of commercially viable uses of the somewhat controversial technology.
XPO Logistics.
01 Nov 2018
A dynamic, demand-based pricing system similar to those used by airlines and hotels is one part of a broader plan that would affect how freight is shipped in the US LTL market.
A warehouse in the United States with workers.
31 Oct 2018
Keep this in mind: Every innovation in technology and transportation since the fax machine was invented, that was intended to disrupt or to disintermediate, was adopted and deployed first by 3PLs and carriers. Hence, your action item lies with your 3PLs and their carrier partners.
A truck travels on a US highway.
30 Oct 2018
In an era of tight US capacity and rising freight costs, shippers need a more ‘holistic’ approach to supply chain visibility, speakers at the JOC Logistics Technology Conference say.
Logistics technology and container shipping.
29 Oct 2018
For one, the acquisition is part of a wider trend toward consolidation in the logistics and supply chain software markets, one in which platforms are coalescing around the idea that global manufacturers and retailers need to execute more processes on fewer common platforms.
CMA CGM.
25 Oct 2018
The purchase price in cash or shares for the freight management business has yet to be agreed on, and failing agreement will be determined by an independent appraisal.
Logistics technology and global trade/shipping.
24 Oct 2018
Integration Point is one of the largest providers of trade compliance software — tools that allow global shippers to manage customs regulations across the world, but also to strategize around the use of free trade zones and other ways to reduce duty exposure.
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.