Logistic Technology Research

Logistics technology update chart for October 2024 on Freightos website

Logistics Technology –  July Update

This monthly report covers the latest in logistics technology investments, developments and milestones.

As ocean peak season may be reaching its peak and e-commerce shipments keep air cargo volumes (and rates) out of China elevated even in what’s meant to be slow season, progress continues in leveraging technology to make supply chains more efficient and resilient –  especially in times of disruption.

For recent examples of developments in logistics technology, including progress in last-mile technology, data standards, and AI for logistics, read more here.

Ocean & Air

Orbcomm rolls out easier-to-install next-gen reefer tracker (The Loadstar)

HMM digitizes bills of lading with software provider CargoX (Journal of Commerce)

MPA and NYK partner for maritime sustainability and digitalization (Container News)

CMA CGM invests in French quantum computing company (Splash247)

Software vendors eye ocean bookings as linchpin for broader digitization (Journal of Commerce)

SkyCell nabs $59M more for its greener smart pharma transport containers (TechCrunch)

INTTRA platform market share loss suggests new landscape for ocean freight booking (Journal of Commerce)

Changing booking environment for ocean freight key to DCSA’s traction (Journal of Commerce)

Forwarding & Fulfillment

Walmart is opening five automated distribution centers as it tries to keep its grocery dominance (CNBC)

Former Flexport/Amazon execs launch tech start-up for forwarders (Loadstar)

Amazon’s Asian rival Shein wants to be supply chain giant  (CNBC)

Vienna-based Prewave raises €63 million Series B to deliver supply chain superintelligence for compliance (EU-Startups)

Navia Freight to  use Raft’s AI for invoice and exception management (STATtimes)

GXO partners with robot manufacturer to test humanoid warehouse robots (Logistics Manager)

Dollar General Streamlines Supply Chain Behind Its Sprawling Store Network (WSJ)

Trucking

p44 offers eBOLs for all LTL shipments (FreightWaves)

Tern AI wants to reduce reliance on GPS with low-cost navigation alternative (TechCrunch)

TruckSmarter’s financial services secure $50M debt facility (FreightWaves)

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