Logistic Technology Research

Sea Cargo Ship & Shipping Containers

Logistics Technology –  September Update

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

The accelerated pandemic-driven pace of VC investment in and adoption of logistics technology is normalizing, though – like the demand for freight market intelligence – many strides made in tech adoption in the industry are being sustained even if the pace of logistics providers investing in new tech slows. 

This adjustment, alongside the general decline in freight rates and volumes, is leading to some high-profile bumps in the logtech road, including the recent reshuffle at Flexport. But significant investments in logtech startups – including a growing focus on AI – continue, and milestones in familiar areas like data standardization, digital forwarding, and drone delivery continue to be hit as well.

The following is a roundup of some of the logtech highlights from the past month:

AI for Logistics

Maersk aims to handle all cargo by AI (ShippingWatch)

VCs Bet AI Can Improve Supply-Chain Management (WSJ)

Logility acquires AI-based Garvis (Logisticsmgmt)

SoftBank backs self-driving truck startup Stack AV (Techcrunch)

Digital Forwarding/Services

Amazon announces Supply Chain by Amazon (Techcrunch)

OOCL Logistics launches trade financing solution for shipperse potential (JOC)

India’s Kale Logistics raises $30M (Techcrunch)

Port Houston joins Portchain’s vessel arrival network (JOC)

Logistics software helping blur lines between forwarder, shipper processes (JOC)

Autonomous Delivery, EV, and Trucking

Nikola asks customers to return electric trucks at risk of fires (FreightWaves)

Estes expands use of Optym for LTL (JOC)

California Senate votes to ban driverless trucks (FreightWaves)

Drone delivery breakthrough for UPS (DigitalTrends)

Walmart, Wing partner on Dallas drone delivery (FreightWaves)

Data Standardization

FMC seeks industry input for data initiative (JOC)

‘Steady as she goes’, despite need for speedy adoption of eB/Ls (Loadstar)

Key supply chain stakeholders commit to eBoL (JOC)

Dive deeper into freight data that matters

Stay in the know in the now with instant freight data reporting for your ports and lanes.

Get a demo of Freightos.com’s Enterprise Shipper capabilities

Freightos.com helps you spend less time and money on each shipment, reducing spend with better:

  • Improved selection across price, mode, vendor, performance metrics on each shipment
  • Reduced management time with on-demand documentat management and tracking
  • Real-time service through automated services, real-time chat, and integrated messaging options
  • Powerful payment options, including credit, batch processing, reconcilations and more.

Complete this form to request a free demo

Back to top