Automation software provider RPA Labs has been backed by a group of supply chain-focused investors as it seeks to equip third-party logistics providers with pre-built process “bots.”
Dynamic ocean freight pricing — often conflated with instant quoting — can create some unintended consequences that rebound on the intermediaries upon which shippers rely.
Software partnerships are expanding the appeal of core systems like electronic rate management, symbolized by Catapult’s collaboration with Xeneta helping it to land BDP
The freight rate management software provider Catapult will directly integrate Xeneta contract rate benchmarking data to help forwarders and NVOs determine if their contract rates are competitive.
As the container shipping industry appears to be embracing technology to improve productivity and cut costs, venture capital has taken notice, funding a large array of startups across the various focuses of logistics and shipping technology.
Similar to how airline ticket aggregator sites find passengers the cheapest airfare, a new deal between e-shipping platform INTTRA and multimodal rate provider Catapult International will allow shippers and freight forwarders to find carrier rates online before they book shipments through INTTRA.