A new funding round into London-based forwarding automation specialist Vector.ai highlights the need for forwarders to offload administrative tasks to keep up with industry growth and complexity.
Supply Chain Automation
Supply Chain Automation
News & Analysis
08 Sep 2021
Despite a 35 percent rise in laden volumes this year, the Port of Virginia has kept cargo flowing due to its investments in data sharing, truck appointment systems, and automation.
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.
13 May 2021
Optimal Dynamics, a technology provider that helps truckload fleets optimize the deployment of their assets, has landed a large early-stage funding round led by well-regarded venture firm Bessemer.
23 Apr 2021
Panasonic’s acquisition of widely used supply chain solutions provider Blue Yonder will give the software company broader reach into Asia and connected device data.
26 Feb 2021
One TPM21 panel speaker said it is rare that he comes across companies with good data quality even though he considers that a basic necessity, particularly when it comes to negotiating with carriers
04 Feb 2021
A new funding round for logistics automation software provider Slync.io is meant to enable the company to expand in Europe and Asia as it seeks to solve long-running manual process issues for forwarders and shippers.
14 Sep 2020
A technology-focused forwarder in New York is using bots from automation startup RPA Labs to automate document management and response workflow for its customers, a signal that robotic process automation is making progress in logistics.
24 Jul 2020
New technologies like machine learning and robotic process automation are helping forwarders manage a large volume of shipment data tied up in email inboxes that otherwise would be unusable.
22 Jul 2020
Blue Yonder and DHL’s partnership to build a robotics integration product and broader venture capital investment in that category is a sign contract logistics providers need help managing an influx of in-warehouse technology.
21 Jul 2020
Mercado focuses on the aspects of global trade that happen before goods are handled by forwarders and transportation providers, which has helped it land two venture capital infusions in eight months.
17 Jul 2020
E2open is changing its pricing structure for data, connectivity, and system usage as it adapts to a logistics software market more keen to all-in pricing.
08 Jul 2020
A machine learning software provider is tackling the problem forwarders and customs brokers face in converting the information within core shipping documents into usable data.
07 Jul 2020
A founder with lineage in the freight optimization space has started a new technology provider to help trucking companies better account for unknown variables in their network planning.
26 Jun 2020
High-growth retailers have a better sense of their deficiencies in transportation management and other supply chain components than their low-growth peers, a new study has found.
18 May 2020
Combining FedEx’s logistics network with Microsoft’s AI, machine-learning, and cloud-computing capabilities, the companies plan to offer much more granular, near-real-time visibility for entire supply chains, as well as individual shipments.
14 May 2020
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.”
11 May 2020
A warehouse robotics integration platform has secured a venture capital investment to help contract logistics providers and shippers cope with the plethora of automation systems.
04 May 2020
Process automation is already a feature of logistics technology investment, but the drivers for that investment are changing from cost reductions to business empowerment.
31 Mar 2020
Slync has made quick progress in landing large forwarders as customers for its automation software, securing an $11 million funding round to fuel its growth despite COVID-19 making investors more conservative.
28 Jan 2020
A London-based logistics process automation software provider has landed $7 million in funding to fuel growth of its platform, which is designed to help forwarders unearth data lodged in emails and disparate systems.
23 Jan 2020
Supply chain technology providers tell JOC.com logistics practitioners are more interested in automating specific processes than pure self-service models for procuring and managing freight.
18 Dec 2019
Seattle-based Convoy is challenging freight brokerage incumbents by saying it has developed capability to automate freight matching and pricing in widely-used US truckload lanes.
11 Dec 2019
Chicago-based startup Transship is teaming with TradeLens and other tech companies to create an automated shipping and forwarding platform for containerized perishables shipments.
02 Dec 2019
Austin-based technology company Shipwell has in the past been dubbed a freight marketplace, a broker, and a software provider, but bolstered by a large funding round in October, the company is focusing on automation and connectivity for shippers.
28 Aug 2019
A union-sponsored report on automation in Vancouver and Prince Rupert cites the potential reduction of 50-90 percent in longshore jobs as terminal operators seek to reduce operational costs, especially labor.
04 Jul 2019
Five North American terminals have automated to date, although growing vessel sizes and container exchanges at the busiest gateways have terminal operators at least considering the possibility they will need either full or semi-automation to continue growing.
03 Jul 2019
A California bill that would allow a state agency to block port automation comes as the ILWU is challenging plans by APM Terminals to automate a 100-acre portion of the Port of Los Angeles’ Pier 400 facility for refrigerated containers.
28 Jun 2019
The Los Angeles City Council has rejected the harbor commission’s approval of a construction permit for APM Terminals’ Pier 400, further delaying the project.
22 Feb 2019
The ILWU agreed to postpone a decision on a construction permit to automate a portion of APM Terminal's Pier 400 in Los Angeles, but this is likely a temporary setback as the union's coastwide labor contract allows employers to automate at will.
05 Feb 2019
A new funding round for visibility software provider FourKites underscores continued venture capital interest in supply chain technology start-ups.
18 Jan 2018
Shippers want and need “visibility” across modes, not just to track freight but also to meet tighter fulfillment and restocking requirements — demands that are driving automation.
11 Dec 2017
Do not expect the automation wave to engulf US marine terminals anytime soon.