A range of US importers are at risk of violating new regulations over the involvement of forced labor in the goods they import, leading Maersk and technology vendor Altana AI to partner in a program to help shippers identify that risk.
Global trade management (GTM) systems
Global trade management (GTM) systems
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News & Analysis
01 Jun 2022
Customs software provider KlearNow has added a drayage service to its product in order to sync cargo availability to capacity from its network of dray providers.
06 May 2022
The Global Shipping Business Network, a consortium building a global trade data exchange, has launched products that tether bill of lading information to title transfer and proof of shipment notices.
11 Feb 2022
Descartes is adding to its in-house roster of trade compliance tools with the $40 million purchase of online customs broker software provider NetCHB.
20 Sep 2021
Investors have backed technology provider Altana AI’s vision of building a map of trade network to underpin solutions for shippers, logistics providers, and customs agencies.
16 Sep 2021
A huge funding round for Utah-based digital customs technology provider Zonos shows that online cross-borders sellers new to international trade struggle to accurately calculate the cost of duties.
27 Apr 2021
Seattle-based FlavorCloud is designed to enable small e-commerce brands to more easily and profitably sell goods to international consumers through discounted parcel rates and automated customs applications.
10 Mar 2021
BluJay Solutions’ new global trade management platform is designed to use automation to assist trade compliance professionals in managing ever-changing global customs regulations and an expected deluge of declarations associated with e-commerce growth.
01 Mar 2021
Descartes has acquired foreign trade zone software specialist QuestaWeb as the global trade management solutions market continues to consolidate.
24 Nov 2020
New York–based new trade compliance automation startup Altana AI has designs on creating a new version of much-maligned trusted trade cargo facilitations programs.
14 Oct 2020
Austin-based software provider E2open, which caters to large global shippers and their logistics providers, is set to be pulled into a special purpose acquisition company, a new financial vehicle to expedite the process of taking companies public.
08 Sep 2020
Venture capital investors have come up with $4 million for TradeLanes, a software provider that helps exporters manage the logistics and compliance elements of trades to increase profit margin per shipment.
25 May 2020
The Marseille-based startup technology incubator’s newest cohort features a duo of companies aiming to automate the trade compliance and administrative work done by logistics providers on behalf of shippers.
14 May 2019
One of the most prominent global trade management software providers sold for $425 million Monday, a culmination of a series of deals for GTM makers and also the coup de grace in a trio of deals for buyer E2open.
14 Feb 2019
Consolidation in the GTM software space and Maersk's purchase of customs broker Vandergrift are signs shippers want to more closely link logistics and compliance activities.
24 Oct 2018
Integration Point is one of the largest providers of trade compliance software — tools that allow global shippers to manage customs regulations across the world, but also to strategize around the use of free trade zones and other ways to reduce duty exposure.
Commentary
'Global trade management' boosts competitive edge