Logistics Technology News

This resource includes customer updates from logistics companies and transportation providers, and ways people can contribute to charitable organizations to help those affected by the storm and flooding.

The effects of a weak start to the year for Kerry Logistics were reversed by a strong second quarter and the Hong Kong-based company is expecting a positive full-year result.

The software offers a way to connect a blockchain system with a variety of existing or legacy technologies.

Technology is playing a bigger role in Indian trade than ever before.

Logistics impacts from flooding in Houston and other parts of southeast Texas continue to spread.

The web-based platform appears to be the only one of its kind targeting empty capacity globally, whereas the other platforms are either within the United States or Europe.

Electronic logging devices will raise costs and complexity of renting trucks for seasonal business. Companies such as Ryder System want an ELD exemption for rental drivers.

Ryder System and Chanje see opportunity for electric commercial vehicles in rapid growth of "final-mile" delivery business.

“Trade volumes between Qatar and Turkey have significantly increased over the past few months.”

The new investment brings its total venture capital funding to $13 million.

At this point, Flexport is the only digital freight company wading into physical logistics.

Port of Los Angeles and GE Transportation will expand their pilot program across the entire port to establish a single electronic platform through which port users can share shipment information in a secure environment.

The increase in earnings was driven mainly by higher freight traffic on North Sea and Baltic Sea routes.

The offering starts Aug. 27 and lasts eight weeks.

Maersk is “quite pleased with growth in the [air cargo] business.”

Descartes' acquisition of MacroPoint will accelerate drive toward shipment, SKU-level tracking of freight across modal networks.

Singapore carrier PIL and port operator PSA are exploring blockchain technology with IBM, the latest container shipping industry players to link up with the IT giant.

Private equity firm Transplace management to buy company as shippers increasingly demand not just technology, but also realizing the value of that technology.

The growing popularity of the direct port delivery program has put pressure on the earnings of logistics companies.

The 112-year-old company is at the fulcrum of change rippling through the US trucking market and across trade lanes from Asia to Europe, much of it driven by e-commerce and technology.

The loss came despite Toll’s operating revenue rising.

In technology speak, the collecting of data from ELDs is part of the so-called Internet or Network of Things.

Kintetsu is the latest of several leading international freight forwarders that have recorded higher volumes in the April to June quarter.

Deutsche Post DHL posted its strongest ever second quarter result.

The company blamed the shipping segment’s poor performance on slumping freight rates and cargo volumes.

The biggest Japanese international freight forwarder’s net profit came to 11.1 billion yen ($101 million).

US cotton exporters say that although Bangladesh is a growing market, its port congestion and lack of direct services adds complexity to their supply chains.

Revenue climbed 3.3 percent to $1.72 billion.

Los Angeles, Long Beach, and Oakland may be able to meet regulatory goals for zero-emission cargo-handling equipment at a fraction of the cost initially forecast.

DSV booked record earnings in the second quarter.

China’s largest retailer launched the new cross-border alliance with the view of improving the usually complicated processes involved in bringing imported products into the mainland.

The Hong Kong-based 300Cubits on Tuesday introduced the TEU, not the container unit.

Yusen’s revenue rose in all regions except the Americas.

Group net profit soared 45 percent year over year.

At its heart, the container shipping system is driven by uncertainty, hurting shippers and carriers alike.

“This collaboration will intensify Bolloré Logistics' development in the Middle East.”

US soybean exporters are bullish this year.

Consolidated net profit came in at 29.9 million francs against 21.8 million francs last time.

APM Terminal (APMT) in the Port of New York and New Jersey says it will have mostly recovered from the cyber attack on Maersk by the end of the week.

Air freight soared by 18 percent.