An early ocean peak season and Red Sea-driven congestion are leading to soaring spot rates and, for many shippers with long term ocean contracts, to rolled containers. Solutions to these contract failures – enabled by better price discovery through digitized rate data – like index-linked contracts and container derivatives are gaining traction. You can learn more from our recent webinar on the subject.
Other recent examples of developments in logistics technology, including progress in last-mile technology, data standards, and AI for logistics this month included:
Ocean and Air
DCSA: regulatory ambivalence proving a barrier for eB/Ls (The Loadstar)
Hermes 5 joins Georgi at Frankfurt, Leipzig/Halle airport facilities (Stat Times)
Google researchers take aim at liner network design challenge (Journal of Commerce)
Air France KLM and Kuehne+Nagel lead in ULD tracking with SkyCell tech (Air Cargo Week)
DHL upgrades customer portal myDHLi with GenAI (Stat Times)
Cash for 19 projects to advance Canada’s digital supply chain infrastructure (The Loadstar)
MSC partners with the New York Shipping Exchange (Splash247)
Trucking, Last Mile and Fulfillment
Drone Delivery’s Next Challenge Is How to Clear Cost Hurdles (WSJ)
Microsoft and Arvato to design “self-managing warehouse of the future” (DC Velocity)
Amazon gets FAA approval allowing it to expand drone deliveries for online orders (APN News)
Digital Freight Startup Transfix Sells Brokerage Unit (WSJ)
Resurrected Convoy app gaining traction among small carriers, brokers: Flexport (Journal of Commerce)
AI and General LogTech
Industry starting to reap benefits of AI – but risks grow alongside (The Loadstar)
Rate management platform uses fresh funding to add auditing, amendments tools (Journal of Commerce)
