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 Sep 2022
Shippers are seeking unified data across the modes they use, something that has prompted project44 to integrate data into a single platform it released Tuesday.
24 Jun 2022
Container lines flush with cash will accelerate deployment of container sensors through 2026, spurred by pandemic-induced volatility and Hapag-Lloyd's April decision to equip its entire fleet, according to Drewry.
23 Jun 2022
Freight procurement specialist Transporeon has added a freight matching component to its product suite to help brokers tender spot freight to carriers already in their network.
21 Jun 2022
FourKites will get access to previously internal shipment data from FedEx to train its predictive visibility system as part of a new planning and problem resolution platform called FourKites X.
17 Jun 2022
Import automation provider Flowfox is working with some of the largest container lines and global forwarders to adapt its European container release product to US needs.
17 Jun 2022
C.H. Robinson Worldwide says the changing trucking market is driving up demand for automated spot pricing quotes by double-digit percentages.
16 Jun 2022
Recent layoffs and delayed public offerings in the logistics technology sector offer clues that economic uncertainty over the health of the freight market is mirrored in the software world.
15 Jun 2022
Chain.io has landed an $11 million funding round to expand its basket of logistics-specific integrations to transportation management and operating systems used by forwarders and shippers.
14 Jun 2022
The pending arrival of Amazon’s Dave Clark as CEO of Flexport may signal as much about the forwarder's potential as it does about where it has fallen short in recent years.
10 Jun 2022
A drayage technology provider in the ports of LA and Long Beach that has prioritized dual transactions for its driver network said it is seeing a majority of moves in 2022 involve coordinated empty container drop-offs and laden import pickups.
09 Jun 2022
Freight management software provider Cargobase is expanding into Mexico to tap into cross-border, near-shoring, and Latin American market opportunities for its procurement and execution tools.
09 Jun 2022
Blume Global customers will soon have more real-time data on supplier visibility and delays through a partnership with a risk-monitoring software company.
08 Jun 2022
Flexport CEO Ryan Petersen will hand over the reins to Amazon logistics vet Dave Clark, a move that shows the forwarder’s lure for heavyweight talent — and possibly an acknowledgement of slower-than-expected market share gains.
03 Jun 2022
Gartner’s annual examination of the real-time visibility market changed little from 2021 to 2022, with the analyst identifying standalone visibility providers as continued leaders for the in-demand market.
01 Jun 2022
Cold chain market leader Lineage Logistics has continued its 2022 acquisition spree with the purchase of TMS provider Turvo, a move that furthers Lineage’s vertical integration ambitions.
01 Jun 2022
Logistics software provider Freightos is being taken public on the Nasdaq, a move that will be closely scrutinized by the founders and investors of growth-stage technology providers in the logistics industry.
01 Jun 2022
Customs software provider KlearNow has added a drayage service to its product in order to sync cargo availability to capacity from its network of dray providers.
27 May 2022
Freightos is targeting the payment space for air forwarders by tying an integrated payment tool between forwarders and cargo airlines to its WebCargo booking and rating software.
26 May 2022
Messaging from employers and longshore unions indicates that the contentious issue of automation is coloring recently suspended contract talks between the International Longshore and Warehouse Union and the Pacific Maritime Association.
25 May 2022
Drayage technology rollup Envase has added GeoStamp, a GPS-based port and drayage visibility and analytics provider, to its roster of tools for port carriers and intermodal providers.
24 May 2022
Nowports has landed a cash infusion from logistics technology investor SoftBank to expand its reach in the LatAm market, as investment in the so-called digital forwarding model shows no signs of slowing.
23 May 2022
Technology provider Draying.io wants to use its experience in developing a transportation management tool for carriers to help shippers automate the sourcing and pricing of port moves.
19 May 2022
Software provider Everstream Analytics plans to use a new $24 million investment to expand the geographic reach of its suite of supply chain risk and network planning products.
17 May 2022
Hapag-Lloyd's sensor initiative is aimed at maximizing the use of its container fleet in an environment where global port congestion has reduced the number of turns each box makes on an annual basis.
16 May 2022
Keelvar has landed a $24 million funding round to build its US presence around the logistics procurement automation tools it provides to large shippers like Coca-Cola, Nestle, and Samsung.
13 May 2022
The debate over whether a freight recession is starting in US trucking is getting hotter as spot rates decline but other demand and pricing indicators stay positive.
12 May 2022
Amazon Freight has created its first direct integration with a transportation management system provider, piping its capacity of 40,000 owned trailers and third-party drivers to MercuryGate’s base of shipper users.
11 May 2022
ShipBob and Flexport are connecting ocean freight with order fulfillment for China-origin goods sold by US merchants, as e-commerce tech providers help merchants rationalize ocean costs and transit times.
10 May 2022
Stord, which provides technology and supply chain services to shippers, has used expansion into transportation and fulfillment to attract capital that it sees as protection in a market where investment may be harder to capture.
06 May 2022
The Global Shipping Business Network, a consortium building a global trade data exchange, has launched products that tether bill of lading information to title transfer and proof of shipment notices.
06 May 2022
After a “cyber incident” downed parts of Blume Global’s system last week, the company is working to fully restore service and taking additional safety measures involving customer account information and billing processes.
04 May 2022
Hapag-Lloyd’s investment in container tracking hardware has visibility providers hoping to capitalize on better container location data to feed to their shipper customers.
03 May 2022
In the first four months of 2022, fewer than half of ocean freight contracts signed across 13 major trade lanes have been annual in duration, as shippers try new procurement strategies to wade through constrained vessel capacity.
29 Apr 2022
Hapag-Lloyd's move to equip its entire box fleet with sensors could herald a new era that unlocks new tools beyond mere visibility for carriers, even if tracking devices aren’t a cure-all for shipper supply chain woes.
29 Apr 2022
The outage on Blume Global's platform comes after a cyberattack on Expeditors International in February that crippled the forwarder’s digital operations.
28 Apr 2022
E2open’s organic and acquisition-driven growth has it eyeing opportunities to expand revenue opportunities from existing customers, but its share price has been dragged down by public market unease.