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

Maersk IBM blockchain project TradeLens.
09 Aug 2018
Maersk and IBM have fleshed out their designs for an industrywide blockchain solution – an open-source platform called TradeLens. There are a host of other blockchain initiatives in development, but as one stakeholder noted, they joined the Maresk-IBM venture based of Maersk’s history of innovation and IBM’s technological prowess, which gives the platform a “high probability of success.”
Uber Freight.
07 Aug 2018
That upgrade for Uber Freight could lead to expanded, pro-active opportunities for shippers.
A freight train in Mexico.
06 Aug 2018
Like other emerging markets, it is a “bad news, good news,” circumstance for Mexico. The bad: surface transportation and logistics operations are straining to meet shipper demands. The good: Mexico appears to have arrived on the global trade stage, with all key metrics advancing.
A truck at the Port of Los Angeles.
06 Aug 2018
The E*Dray platform will enhance the ability of beneficial cargo owners and their truckers to aggregate containers into peel-off piles at the ports — and with the new system the potential is there for a substantial reduction in truck turn times.
Port of Halifax.
03 Aug 2018
The port of Halifax has three objectives in mind with its tech upgrades, and if the port is successful shippers and other trade stakeholders will benefit from all three.
Visakhapatam Port, India.
03 Aug 2018
A crop of logistics startups has been gradually aiming to change India’s paper-based ocean freight processes, building several different technology models to tap into demand for better access to rates and visibility of shipments.
A truck travels on a US highway.
01 Aug 2018
Uber’s decision to scrap its autonomous trucking plans does not mean there will not be “driverless” trucks someday, but it does dispel a notion that had caught fancy, in some circles.
APM Terminals Pipavav.
01 Aug 2018
APM Terminals is in the midst of a whirlwind trade outreach program, with the goal of attracting more customers to its recent ease-of-doing-business measures.
UPS electric Class 6 delivery trucks.
31 Jul 2018
The largest global transport operator is amping up its efforts to develop electric trucks as fuel costs and emissions rules spur demand.
Crypto currency and fiat currency.
30 Jul 2018
The decision may have positive implications for other public blockchain solutions reliant on a token to underpin transactions.
28 Jul 2018
One thing is certain regarding blockchain technology circa mid-2018: it has the potential to transform and dramatically improve logistics efficiency. But that potential will remain only that — potential — until many paramount issues are resolved to universal satisfaction.

Commentary