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.
10 Mar 2020
The forward truckload freight contract platform has raised $20 million in capital to fuel growing demand to connect shippers and carriers with a binding agreement that lets them focus on more variable supply and demand issues.
10 Mar 2020
The nine container lines that form the Digital Container Shipping Association have released guidelines intended to give all carriers a "common language" and "tasked-based approach" to meeting an IMO resolution around vessel cybersecurity preparedness.
06 Mar 2020
The global nature of the coronavirus outbreak is throwing containerized goods supply and demand out of whack, but a way through the fog for all parties could be to lean more heavily on predictive analytics software.
05 Mar 2020
Dynamic ocean freight pricing — often conflated with instant quoting — can create some unintended consequences that rebound on the intermediaries upon which shippers rely.
 XPO’s Jacobs: Technology to transform shipping sooner than you think
05 Mar 2020
“Artificial intelligence is the biggest, biggest catalyst of change that I see in the world, and in our industry,” said Brad Jacobs, the chairman and CEO of XPO Logistics.
03 Mar 2020
New offerings released this week by Evergreen and Kontainers underscore the recent shift in how cargo transport is sold online and what’s available to book.
02 Mar 2020
Initiatives aimed at turning container ports from conduits of physical freight activity into hubs for the digital information surrounding those cargo movements are underway in virtually every major global gateway.
02 Mar 2020
Logistics system integration provider Chain.io will help shippers and forwarders connect to carrier track-and-trace data via a standard established by the container line-led Digital Container Shipping Association (DCSA) in January.
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.
Freightos rolls out FedEx customs brokerage add-on
27 Feb 2020
The freight rate marketplace provider Freightos will include an option for shippers to add FedEx customs brokerage services on-demand as part of a broader deal between the two companies that also includes FedEx’s use of Freightos’ air cargo pricing and booking tools.
26 Feb 2020
A Southern California drayage software maker has raised more than $10 million to fund development of its marketplace for drivers and shippers, a sign the pace of investment in this once-overlooked freight segment won’t soon slow.
25 Feb 2020
Transportation management software provider 3Gtms’ acquisition of parcel shipping software maker Pacejet represents further evidence that the management of parcel and small shipments is becoming a core need for shippers.
21 Feb 2020
A sizable investment in a yard automation startup this week is a signal that shippers and logistics providers need to prioritize efficiencies in their warehousing and distribution facilities to cope with the speed of supply chains.
20 Feb 2020
Lufthansa Cargo will offer instant air freight quotes via an application programming interface with digital forwarder Fleet, a company in which the German airline invested in 2018.
Transfix looks to the future with guaranteed rate product
18 Feb 2020
The truckload freight marketplace Transfix is allowing shippers to guarantee forward spot rates up to a year out based on an machine learning model it has been using internally for more than a year.
14 Feb 2020
US shippers are demanding more precise delivery times for their goods, as retail charges for late deliveries and better awareness of truck driver hours of service raise the stakes in visibility.
NYSHEX moves into long-term contract space
12 Feb 2020
The New York Shipping Exchange has begun allowing shippers and freight buyers to migrate their long-term contracts with container lines onto the NYSHEX platform, essentially allowing contracts negotiated outside the exchange to be fully and mutually enforceable as if they were transacted within the exchange.
11 Feb 2020
A survey of delivery drivers projects that missed deliveries and time wasted due to outdated and incorrect maps and navigation aids results in $2.5 billion in added costs.
04 Feb 2020
More than a year and a half after establishing a 40-foot container rate index on 12 global trades, the Baltic Exchange has started offering its daily Freightos Baltic Index as a benchmark for freight buyers.
04 Feb 2020
Automating certain components of their transportation procurement and management processes can yield more accuracy in handling freight bills, according to Chris Stauber, chief product officer of transportation management software (TMS) provider Haven.
03 Feb 2020
Traditionally, shippers have been responsible for receiving freight bills and ensuring those bills are accurate, but some are flipping that script through “self-invoicing.”
31 Jan 2020
A pilot program about to begin in the Port of New York and New Jersey would make the data from the port’s container information portal easier to use and help truckers and shippers more effectively manage their cargo.
30 Jan 2020
Shippers, as much as carriers, are driving toward electronic or digital bills of lading, as the need for speed and more responsive, detailed customer service increases.
30 Jan 2020
Port of Tanjung Pelepas (PTP) in southern Malaysia has begun using Portchain’s software to automate and optimize berth planning operations.
29 Jan 2020
The forwarding software providers say they’re integrating SimpliShip’s freight rate management product with Qwyk’s vessel schedule, visibility, and booking tools to create an “out of the box” TMS.
29 Jan 2020
JDA caters to some of the world’s largest importers and exporters, but the challenge it faces, like many incumbent software providers, is staying ahead the innovation curve and making sure the market recognizes that innovation.
NYSHEX volume tripled, membership doubled in 2019
29 Jan 2020
New York Shipping Exchange (NYSHEX) said 96.4 percent of contracts last year were fulfilled, meaning that carriers accepted the cargo for the sailing it was booked for and cargo owners and non-vessel operating common carriers delivered the containers they contracted.
28 Jan 2020
A London-based logistics process automation software provider has landed $7 million in funding to fuel growth of its platform, which is designed to help forwarders unearth data lodged in emails and disparate systems.
28 Jan 2020
The group pushing process and data standards in the container shipping industry has released a new set governing the tracking and tracing of container shipments across systems and carriers.
23 Jan 2020
Supply chain technology providers tell JOC.com logistics practitioners are more interested in automating specific processes than pure self-service models for procuring and managing freight.
23 Jan 2020
A strike by French dockworkers this week is causing severe disruption to carrier schedules as port calls to Le Havre and Marseilles-Fos are cut.
BluJay, project44 team up in latest TMS-visibility partnership
23 Jan 2020
The trend of TMS vendors partnering with ancillary visibility and capacity providers continues apace, this time with BluJay Solutions creating an integration with Chicago-based visibility provider project44.
22 Jan 2020
APL Logistics is providing a visibility product that mingles its ability to connect directly to carriers across modes with its “boots on the ground” to fill in gaps in data completeness and timeliness.
16 Jan 2020
The freight broker GlobalTranz is expanding its reach in the managed transportation services market with the acquisition of Cerasis, a broker that effectively acts as provider of transportation management software and often runs the software for its less-than-truckload, parcel, and final mile customers.
16 Jan 2020
Visibility solutions provider Arviem, which aims to help shippers leverage cargo data into trade finance products, is piloting a process to ease inventory financing burdens on shippers in and out of Austria.