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

02 Jul 2020
APM Terminals is rolling out a set of data connectivity tools, initially at two US ports, to inform shippers of container status and vessel arrival on a more real-time basis.
Blockchain technology and container shipping.
06 Dec 2018
The challenge of taking blockchain pilots and proofs of concepts to wide-scale adoption is that the latter requires a broad adoption from a range of parties. But with a smart contract, that requirement is much smaller.
Global trade logistics technology.
05 Dec 2018
“By bringing our companies together permanently, we have created the first ever single-pane view into all our customers’ global shipments,” Jett McCandless, CEO and founder of project44, said.
A CMA CGM ship.
05 Dec 2018
CMA CGM is the first carrier to participate on the marketplace hosted by Freightos, a technology startup that until now only provided aggregated rates to forwarders.
Maersk calls for aid to be carbon-neutral by 2050
05 Dec 2018
Container shipping is at a key point in its pursuit of carbon neutrality, and Maersk wants industry help in cleaning up the business.
Blockchain technology and container shipping.
04 Dec 2018
Tyler Smith, director of Viant, a blockchain-based supply chain modeling software company, said consortia have not proven their value, so far, but hopefully they will. He added that consortia are a way to get people involved.
02 Dec 2018
Sponsored: New software solutions for the supply chain market are numerous and the choices are overwhelming for many businesses.
San Francisco, framed by the Golden Gate Bridge.
30 Nov 2018
The infusion of billions of dollars of venture capital (VC) is tasking shippers not only to keep track of a broader range of potential systems to use, but also to think about the financial structure of smaller VC-backed software providers and third-party logistics providers that have recently emerged. Further, failure by shippers to undertake diligence could mean time wasted, in more ways than one.
Logistics providers and global trade.
28 Nov 2018
If the top players in the industry coagulate, and if ocean carriers continue to take a broader role in forwarding and logistics activities than they have in the recent past, that will have an undeniable impact on shippers.
CMA CGM.
26 Nov 2018
APL's Nicolas Sartini has experience with turning around CMA CGM acquisitions and will apply this knowledge to CEVA Logistics.
25 Nov 2018
Along the supply chain, the freight forwarder is the link between multiple parties and integrator of data, Samuel Shapiro & Co.’s Director of Supply Chain Angela Czajkowski noted at the 2018 JOC Logistics Technology Conference. In this interview, Czajkowski discussed the steps freight forwarders need to take to remain relevant as more disruptors move into the shipping and logistics industry.
24 Nov 2018
Sponsored: Blume CEO on true digitization within the supply chain, moving past relatively small changes that still require human involvement, to a true evolution of systems. In this interview at the JOC Technology Conference, Johar examines the potential in deep learning and neural networks, use of cognitive decision making and predictive analytics for contract reading, and focusing on the needs of your customer's customer.
24 Nov 2018
Sponsored: Verifying the true farm-to-table road traveled for a head of lettuce is about more than restaurant trends; where it overlaps with questions of food safety is a perfect example of blockchain applications in logistics, explained ShipChain CEO John Monarch in an interview at the JOC Technology Conference. Focusing on trust as one of the greatest challenges to blockchain adoption, Monarch explains the difference between private chains often run by one company or consortium, and public or "open-industry" ones and gives his thoughts on what it will take to move to adoption of real collaboration and data sharing in the industry.
Cathy Roberson JOC.com
20 Nov 2018
In late 2018, Cathy Roberson, head analyst and founder of Logistics Trends and Insights moderated the JOC Logistics Technology Conference panel on the future of freight forwarding. In this interview she discusses points raised by the panelists and her predictions for tech and the evolving shipper/forwarder dynamic.
A warehouse/distribution center in the United States.
20 Nov 2018
Those involved in freight auditing, invoicing, and payment services are tapping into new technologies, as well as new methods of aggregating and analyzing data, to meet the changing and, in many cases, more-demanding requirements of today’s shippers.
17 Nov 2018
Sponsored: Port of Long Beach Deputy Executive Director and COO Dr. Noel Hacegaba discusses the impact $260 billion in China-US cargo tariffs had on 2018's peak season, the future of data visibility and use of platforms such as GE's Port Optimizer, and the relationship between Southern California's rail network and expanding cargo volumes.
16 Nov 2018
Sponsored: Xeneta's Thomas Sørbø on opportunities for supply chain redesign when resources are not tied up in a cumbersome tendering process.
Logistics providers and global trade.
16 Nov 2018
The tool is an extension of the company’s Sea Explorer platform, first released in March to help Kuehne + Nagel customers determine which global services best suit their needs based on a number of performance metrics.
A modern/new-design container ship.
15 Nov 2018
Rather than developing a platform, the ocean carriers involved are taking another approach to try to achieve the goal of common information technology standards.
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.