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

26 Jul 2021
Sedna Systems has reeled in another funding round from venture investors, aiming to address an over-reliance on email by logistics and maritime organizations, among other sectors.
22 Jul 2021
The acquisition of third-party logistics provider Transplace will transform Uber Freight, providing greater access to shippers, as it builds a “fully-scaled” logistics platform.
21 Jul 2021
A liner-led consortium aimed at using blockchain to digitize key container shipping processes has launched a cargo release product in China.
21 Jul 2021
The carrier-led standards consortium DCSA on Wednesday established definitions for five key port call phases to improve messaging between carriers and terminals.
20 Jul 2021
Technology provider EDRAY, flush with new funding, has expanded its range of solutions to include a drayage marketplace and visibility tools.
16 Jul 2021
A new digital forwarding platform emerges in India to serve small 3PLs that want to provide shippers instant quotes and attached insurance and finance solutions.
15 Jul 2021
Digital broker Uber Freight is expanding its truckload platform to encompass LTL, as strapped US shippers turn to LTL carriers and 3PLs such as BlueGrace for capacity.
15 Jul 2021
Supply chain-focused venture capital firm 8VC has partnered with the largest provider of cold storage facilities globally to fast-track the company’s technology development and adoption.
14 Jul 2021
Platforms aimed at helping 3PLs migrate their payables processes to electronic formats are helping the industry catch up to similar transformations taking place in other industries.
13 Jul 2021
Digital forwarders and investors are eyeing an underserved Latin American market with a combination of service models that have found success in other markets and local expertise that is difficult to replicate for outsiders.
09 Jul 2021
European logistics technology provider Blockshipping is aiming to help terminals reduce so-called “shuffle moves” by predicting dwell time in the yard six hours before a container is discharged.
08 Jul 2021
Sensor-based visibility provider Tive is teaming with vessel location data company MarineTraffic, adding to Tive’s growing network of complementary data providers.
06 Jul 2021
Berth planning and optimization software provider Portchain has signed its first US customer in the South Carolina Ports Authority, which will initially deploy the technology at its new Leatherman Terminal.
02 Jul 2021
A new mobile app has launched that's designed to help small drayage carriers and independent drivers manage all aspects of their business, including increasingly complicated detention and demurrage fees, directly from their trucks.
29 Jun 2021
High-profile digital intermediaries Flexport and Convoy are partnering to provide shippers an integrated ocean and truckload service by connecting their respective technology platforms.
24 Jun 2021
Supply chain-focused venture fund Dynamo has raised a new tranche of capital it will use to invest in early-stage startups in international logistics and surface transportation, among other adjacent categories.
24 Jun 2021
TradeLens has followed expansion into China with full integrations of Hapag-Lloyd and Ocean Network Express, meaning the platform now has five of the world’s top six container lines.
22 Jun 2021
A software provider that offers visibility and freight matching tools to brokers has been acquired by a private equity firm in a move designed to grow its attractiveness to midsized brokers and small carrier fleets.
22 Jun 2021
Freightos is linking its freight marketplace and rate management products to offer forwarders a white label quoting and booking solution.
21 Jun 2021
Investment fund SoftBank has plowed $240 million into Flexport’s European rival Forto as it expands its bet on progress for the digital forwarding model.
17 Jun 2021
Record-high container freight rates are underscoring the need for shippers to be able to benchmark against peers, a factor in Oslo-based technology provider Xeneta nabbing a new round of venture capital Thursday.
17 Jun 2021
Expansion into China is another piece of progress for TradeLens, the visibility and shipment data platform co-developed by Maersk and IBM.
16 Jun 2021
Retailers and logistics providers are utilizing technology offerings from such providers as Bringg to expand and manage last-mile delivery options.
16 Jun 2021
Vancouver-based Freightera, an online trucking marketplace, has found that more environmentally friendly motor carriers are often lower in cost as well.
15 Jun 2021
The latest shipping line to be hit by a cyberattack, HMM said the incursion has crippled its email systems but has not affected its booking documentation functions and has not resulted in any data breaches.
14 Jun 2021
A partnership between forwarder Shifl and visibility provider Terminal49 is representative of a market where forwarders need to help shippers overcome a deficiency of container status information.
10 Jun 2021
Singapore-based drayage technology provider Haulio has tied up with CMA CGM to handle coordination of port trucking in Thailand as it seeks to build a Southeast Asia-wide platform.
10 Jun 2021
European transportation technology heavyweight Transporeon has acquired freight procurement automation specialist TNX Logistics in a bid to amp up its customers’ spot buying prowess.
09 Jun 2021
Maersk Growth invests in an autonomous trucking company whose products are starting to be rolled at trailer yards across North America.
08 Jun 2021
With a new set of bots, a logistics automation startup is aiming to help forwarders minimize the labor they use to address customer enquiries, from spot quotes to track and trace status.
08 Jun 2021
Visibility provider Overhaul has received $35 million in funding, led by infrastructure giant Macquarie, to expand its risk reduction-based approach to supply chain visibility globally.
03 Jun 2021
Maersk is offering a new digital tool for customers that provides carbon footprint visibility across the end-to-end supply chain, which fits with the carrier’s accelerating push to become a full-service logistics integrator.
02 Jun 2021
Supply chain optimization firms Locus and Shippo each received $50 million in new funding, while 3PL Redwood Logistics acquired two parcel companies and merged them into a new last-mile division.
01 Jun 2021
project44 has landed a $200 million funding round, mere months after its previous cash injection, as it eyes consolidating the top of the freight visibility market.
27 May 2021
E2open’s acquisition of BluJay Solutions is its first since going public in February and gives it more TMS firepower, broader sales reach in Asia, and bolsters its ability to upsell to global forwarders.
27 May 2021
project44 has followed its March acquisition of visibility provider Ocean Insights with another deal for competitor ClearMetal, whose customer base is primarily large global manufacturers.