Category Archives for Industry News

Procurement bot software attracts VC attention A software provider that builds procurement bots for shippers on Thursday snagged $18 million in venture capital funding, a further sign that investors see the logistics industry gravitating toward… Procurement bot software attracts VC attention Journal of Commerce

Alibaba offers logistics, finance services to B2B platform Alibaba on Tuesday unveiled offerings aimed at allowing buyers and sellers on its business-to-business platform to instantly add supply chain finance… Alibaba offers logistics, finance services to B2B platform Journal of Commerce

Trade finance appeal garners forwarder million injection The intersection of logistics and trade finance continues to grow, as reflected by a $15 million Series A round of venture… Trade finance appeal garners forwarder million injection Journal of Commerce

Infographic: Categorizing the forwarding technology wave Technology investment by forwarders has traditionally revolved around solutions that help them manage so-called back-office functions like accounting, human resources, and sales. That eventually expanded to include tools related to purchase order management, shipment management, and cargo visibility as shippers sought logistics services beyond the securing of… Infographic: Categorizing […]

DP World addition bolsters TradeLens appeal DP World has joined the digital container logistics platform TradeLens, nearly doubling the number of terminals participating in the blockchain-based technology co-developed by… DP World addition bolsters TradeLens appeal Journal of Commerce

Salesforce-based software provider takes network approach to PPE production A logistics software provider built on the Salesforce platform said Wednesday it is aiming to provide a new way to… Salesforce-based software provider takes network approach to PPE production Journal of Commerce

Expeditors acquires early digital forwarding entrant Fleet Logistics Expeditors International on Tuesday said it has acquired Portland-based Fleet Logistics, an early entrant into the space known as digital forwarding that the global forwarder said will align with its existing less-than-truckload (LTL) freight quoting platform, Koho.The acquisition also represents the first of the digitally-oriented forwarders that […]

Software providers aim to arm Asia logistics network Two logistics software providers catering to global forwarders said Tuesday they will jointly offer quoting and tracking solutions to members of the Shanghai-based forwarding network Ai Logistics… Software providers aim to arm Asia logistics network Journal of Commerce

ZeBox startups take aim at documentation, customs automation While overall venture capital investment into logistics technology providers may be slowing, startups are still finding avenues to develop relevance for their solutions, like… ZeBox startups take aim at documentation, customs automation Journal of Commerce

Labor scarcity at warehouses compounds Indian port flow woes As Indian port-terminal stakeholders attempt to relieve the stockpile of containers amassed following the enforcement of a country-wide… Labor scarcity at warehouses compounds Indian port flow woes Journal of Commerce