The shift to e-commerce in the COVID era has created a “new order” that requires new tools, according to project44’s supply chain SVP.
Company demos presented during FreightWaves’ F3 Virtual Experience show how automation can provide cost and time savings.
The CEO of Turvo, a cloud-based collaborative platform, sees a major evolution underway in the supply chain industry.
FreightTech companies demonstrated products and services designed to improve efficiency in supply chains.
Amid global shipping congestion, GEODIS urges importers not to overlook their customs responsibilities.
Adam Kahn outlines the benefits of Netradyne’s positive twist on fleet safety management.
The global supply chain visibility platform is seeking to take some pressure off carriers at the ports with more precise ETAs.
With the help of its 3PL customers, project44 was able to create its tool to help fight the capacity shortages and transit delays plaguing many logistics providers today.
“We have always wanted customs authorities to share their rules, what they are looking for and what they are sharing, but they will never do that,” says Altana’s CEO on problems the company is aiming to solve.
“The Supply Chain Twin enables customers to gain deeper insights into their operations, helping them optimize supply chain functions — from sourcing and planning to distribution and logistics.”
Digitization can alleviate supply chain glitches, but it depends on systems that talk the same language.
“There was a lot of flexibility in their API that allowed us to do what we wanted to do with it, compared to others that had a lot of pre-built tools.”
FarEye’s Intelligent Delivery Management Platform equips enterprises for a low-cost, sustainable future and creates happier customers through reduced cost and optimized operations.
FreightWaves examines the challenges of drayage logistics and the technology companies that are overcoming them.
The newly wrapped Chevrolet Camaro ZL1 1LE, driven for Rick Ware Racing and sponsored by BYRD Racing, will showcase the two FreighTech companies for the NASCAR Cup Series midsummer installment.
“Instead of reinventing the wheel, we partnered with someone who is a leading player in that domain,” says Locus CEO Nishith Rastogi.
IRIS is GEODIS’ eye-in-the-sky ocean and air shipments visibility platform for booking and managing exports in real time.
Findings from a recent Spireon white paper survey, conducted in conjunction with FreightWaves, found that about 40% of carriers reported losing more than $500 per trailer per week in detention costs.
There will not be a single tech winner, meaning that the only chance for true end-to-end visibility is through partnerships.
If the farmer had the phone number of the customer buying the grain or OFE’s app to make the match, maybe there wouldn’t be as many middlemen and maybe the farmer would have better options.”
Redwood Logistics CEO Mark Yeager talks about emerging technology and the potential of Logistics Platform as a Service (LPaaS).
Shippers will never lose a document, driver or client through an automated rate contract management system.
Your employees make your company. This means that everyone from office staff to drivers must be considered when thinking about technology. Rose Rocket’s easy-to-learn but comprehensive TMS takes the frustration out of freight while benefiting your employees.
The across-the-board gains exceeded expectations and reflect increasing end-market strength, Trimble CEO says.
Within maritime logistics circles, an effort is underway to update the technology the industry relies on to take advantage of recent advancements in hardware and software technology.
Chain.io plans to use the $5 million to fill a number of positions in sales, engineering, customer success and more.
The telematics, ELD and satellite provider is getting sold for a 50% premium. Even that is less than at least one analyst saw as its value.
Not being limited to the modes of a particular carrier or their own private fleet, a business can access more available capacity in the market.
The acquisition provides MercuryGate with ready-made last-mile logistics exposure, Blough says.
Intel’s Ravi Dosanjh and the Port of Long Beach’s Noel Hacegaba take on supply chain visibility.
Samsara announced Sue Bostrom as the latest strategic addition to the company’s board of directors.
Nuvocargo recently updated its platform to include bilingual tracking features and more visibility for cargo shipments in Mexico.
The desire for supply chain software and technology that is tightly integrated and that works in tandem, through platforms and ecosystems, raises the specter of cybersecurity incidents that can very quickly metastasize.
“Our goal at FreightFlows is to make near-term market predictions to help vessel owners, traders, brokers and charterers have much better decision-making power in the international freight markets today,” said CEO Matt Morgan.
How should executives think about the combination of people and technology as they attempt to solve the problems they encounter daily in their companies’ supply chain operations?
Reload, Vorto’s new autonomous platform, could save companies more than $400 million per year while increasing sustainability.
Innovators worldwide are finding new ways to simplify and disintermediate the execution layer of the supply chain.
Craig Fuller reasons that if “project44 is the Visa of the industrial world, then having the greatest acceptance and connectivity will be a major differentiating factor.”
PowerFleet’s LV-400 allows users to remotely monitor and make changes to the reefer trailer from their PC.
“Ocean Insights has dominated the container-tracking space, and we look forward to providing the industry not only the best ocean capabilities but also the most comprehensive end-to-end visibility platform,” says project44 CEO Jett McCandless.
We are on the cusp of a golden age of technology-led innovation in supply chain.
Suvrat Joshi joins logistics software-as-a-service platform FarEye as chief product officer.
It appears Google and J.B. Hunt envision that their joint effort will become an innovation platform to support the J.B. Hunt 360 marketplace.
Controlant helped Iceland reduce its pharmaceutical waste to 0.5% after the H1N1 pandemic.
“Constantly shifting consumer demand and supply shocks that are felt worldwide regularly throw supply chains out of balance.”
The Open Visibility Network partnership will combine FourKites’ and Tive’s data and capabilities to give mutual customers more supply chain visibility.
Smart loading dock startup Kargo announced the close of its $6 million seed round on Thursday. The company eyes further expansion and product development.
Slync.io, a Dallas-based operating system for global logistics, announced the close of its $60 million Series B funding round.
SmartHop is more than just a freight dispatch; its “business-in-a-box” tools distinguish it as a comprehensive solution for over-the-road-trucking.
Supply chain visibility consistently rears its head as a vital need.
After a difficult 2020, optimism about the supply chain is running high this year — and 11 industry leaders have identified several opportunities for growth with their predictions for the rest of 2021.
NYSHEX aims to eliminate ambiguity from containerized freight contracts. ‘We make it crystal clear exactly what the carriers and shippers are going to do.’
Oracle has released machine-learning and IoT updates to its supply chain application.
Oracle’s cloud-based solutions help shippers weather disruptions and give customers a seamless buying experience.
French company Shippeo, a supply chain visibility platform, has secured $32 million to continue product innovation and market expansion. The round, announced on Thursday, was co-led by Battery Ventures, along […]
An electronic bill of lading must be in a format that ensures interoperability across multiple user interfaces.
OneRail’s $6.7 million in late seed financing will help the delivery orchestration and fulfillment platform scale its business development, sales and marketing operations.
The partnership will help “transform” the food supply chain with better, faster data, Lineage says.
A TMS catering to everyone is simply landing somewhere in the middle, and very likely a better solution exists for any of those given parties.
“FreightWaves has developed this incredible media company” around its SONAR platform, says Matt Waller, dean of the Sam M. Walton College of Business.
Ladingo’s growth suggests a segment of the market is not being adequately served by existing solutions.
Benjamin Hartford joins Marie Colbert and Derek Nelson to fill out Mastery’s top executive ranks.
There is no shortage of opportunities for AI and machine learning to be applied to the solution of big problems in global supply chains.
FedEx will mark its 50th year by harnessing IT for pitched battles with Amazon and UPS.
New and existing companies are ramping up GPS and temperature-tracking technologies to deploy in vaccine transport and beyond.
“Shipamax delivers data entry automation across entire logistics organizations,” says CEO and co-founder Jenna Brown.
The Idaho-based online load board celebrates its second consecutive year as a FreightTech finalist.
“Sharing this information is highly beneficial for the supply chain, especially as we cope with both seasonal and unanticipated peaks and valleys in cargo volume,” says Executive Director Mario Cordero.
Project44 has completed $100 million Series D financing.
Paul Brady succeeds company founder Mitch Weseley.
J.B. Hunt Transport Services captures a top spot in FreightWaves’ FreightTech 25 for the third consecutive year.
B2B orders can be fulfilled on one site rather than switching to a logistics provider’s platform, Freightos says.
project44 ranks second after Amazon among industry disruptors on FreightTech 25 list.
A goal for 2021 is for SEDNA Systems to go beyond the automatic organization and routing of email by extracting the valuable business and operational information that is encoded and trapped within the email communications flowing in and out of the companies that are SEDNA’s customers.
Removal of dislodged containers is expected to take more than a month, and none of the 1,816 units that fell into the Pacific have been recovered.
Tive Inc., a supply chain visibility platform, announced on Tuesday that it secured a $12 million Series A funding round. Leading the round was RRE Ventures, followed by Two Sigma […]
The market for reliable, complete data and forecasts about agricultural commodities markets is a large and growing opportunity.
E-documentation initiative establishes data and process standards for bill of lading preparation and issuance.
First, Spire collects the ship-movement data from orbit. Then algorithms use that data to reveal the patterns of global shipping.
As it becomes necessary to take an increasing number of sources and types of data into account, the case for shifting away from simple spreadsheets and onto more sophisticated platforms will gain strength.
“Obviously everything with COVID is a learning curve,” says Tom Hughes.
One in four vaccines loses its integrity during transit.
Where we’re seeing the need for ocean freight-related ingenuity, logistics tech companies are beginning to fill the space, but we are far from seeing the full potential realized.
European 3PL says integration with e-commerce marketplaces strengthens activity with American online retailers and shoppers.
IT execs at FreightWaves LIVE @HOME explain why $90 billion industry is in need of IoT upgrade.
Manders predicts more volatility in 2021 as businesses struggle for capacity assurance amid unprecedented inventory restocking efforts.
Leveraging more advanced data accuracy tools and processes, shippers and CPGs achieve a higher level of on-time performance by making more informed decisions in real time.
The freight business is both complicated and asset-heavy. To be successful, tech startups need to know the freight business, its pain points and its limitations.
Mehta and Sweat are keeping a step ahead of the evolving supply chain startup market.
Data drives the development of those opportunities, according to Sapphire Ventures Managing Director Kevin Diestel in the fireside chat “VC Perspective: How FreightTech is Different” during the FreightWaves FreightTech Virtual Summit.
“It’s well documented how big this market is and how ripe for disruption this market is,” says Rose Rocket CSO Justin Bailie.
Certain types of business models are more attractive to venture capitalists.
ABEJA has developed proprietary tools to ensure that its AI Consulting engagements do not metastasize into endless ordeals.
ZUUM brings shippers, brokers and carriers together to create synergy by resolving the fragmentation in technology adoption, data and capacity.
In assessing customer service in transportation, data is necessary but not sufficient.
Port Call Data Definitions guide is available for free download.
Fashion industry incumbents that have failed to adopt technology to strengthen their business models are at significant risk, particularly as the pandemic accelerates a number of trends.
COVID’s disruptions have created an acute awareness of the need for innovation.
Container chassis management model in the U.S. challenges advancement of full-circle tracking technologies.
PowerFleet telematics will be deployed on more than 1,000 pieces of Ryder’s material-handling equipment at over 30 sites across North America.
