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

25 Nov 2022
Retailers that have seen final-mile costs more than double during the pandemic are increasingly making investments in their last-leg delivery networks.
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.
27 Apr 2022
More than 40 percent of drivers at small truckload carriers surveyed by technology provider SmartHop have entered the industry over the past two years, but many are considering moving to larger carriers for stability.
26 Apr 2022
A new office near Washington, DC, is intended to help the CMA CGM–backed startup accelerator ZEBOX attract technology that can help its corporate partners in North America advance their digital logistics initiatives.
26 Apr 2022
Hapag-Lloyd is betting customers will eventually demand that all its containers be trackable by sensors, leading it to commit to equipping its fleet of 3 million dry boxes starting next year.
22 Apr 2022
Importers wanting to avoid duties on low-value shipments can use Canada as a waypoint through a new program between North American fulfillment provider ShipHero and a Canadian customs broker.
21 Apr 2022
Confusion over the intent of a number of public sector supply chain data initiatives to emerge in recent months might cloud the progress any of them might make individually.
21 Apr 2022
Venture capital investors have plunged $410 million into Convoy, as one of the more notable digitally native freight brokers seeks to expand its reach to small truckload carriers and large shippers.
20 Apr 2022
Procurement automation is already changing the nature of how shippers buy capacity from carriers and intermediaries, an evolution that will accelerate in the years ahead as humans adapt to the technology.
20 Apr 2022
New research from Freightos finds ocean carriers improved their electronic tools over the past three years and want to move rate and booking activity through their own online channels.
11 Apr 2022
Shipment tracking device maker Tive has landed a $54 million cash infusion to build its global footprint and target more categories of shippers with location and condition monitoring solutions.
07 Apr 2022
Forwarding software provider Magaya is wading into the less-than-truckload technology market with an automated pricing tool meant to help its customers quote faster to shippers.
06 Apr 2022
Fresh off a seed funding round in February, truckload pricing intelligence provider Greenscreens.ai has built connectivity with procurement technology partners FreightFriend and 3Gtms.