Supply chain

Embattled software provider Slync.io has turned to GT Nexus co-founder John Urban in a bid to resurrect its fortunes following the ousting of former CEO Chris Kirchner.

A weakening freight market and growing investor unease with holding companies designed to take early stage companies public have led Transfix to put a public listing on ice.

project44 and the Global Shipping Business Network are working together to tie cargo tracking and bill of lading data to unearth trade finance opportunities in Asia.

Lineage Logistics’ new business line and planned facility in Savannah builds on recent acquisitions the company has made amid an uptick in reefer storage demand.

Software vendor Portchain will help a DP World-operated terminal in the Port of Antwerp to automate communication from shipping lines to better coordinate berth plans, the companies said Wednesday.

Shippers need to rethink the entire truckload procurement process, not just use technology that marginally decreases costs by relying too much on predictive pricing, according to a trio of procurement technology experts.

The German Federal Cartel Office argues that large container carriers do not satisfy “with a sufficient degree of certainty” the conditions required for their exemption from European competition law.

Of the 12 projects the US Department of Transportation is funding, 11 will receive support for developing container-on-barge services.

Supplier risk is becoming a bigger hurdle for shippers, notably around forced labor regulations, prompting venture capital firms to plunge $100 million into technology provider Altana.

Overhaul has joined a growing group of visibility providers aiming to connect real-time shipment data to cargo insurance solutions.

The less-than-truckload industry is reaching its technology inflection point, which it will need to capture rising demand from shippers seeking operators that are easy to do business with.

The FMC-sponsored study comes as the ultra-tight supply of chassis in the US has been a contributing factor in port and rail congestion for well over a year.

Claims by shippers that the European block exemption was dampening market competition are “at odds with reality,” ocean carriers have told European regulators.

An Indiana-based shipper alleges it tried to resolve incomplete invoice issues directly with Flexport, but says the NVO failed to provide necessary information and withheld additional containers.

US cold-chain cargoes fell more than 20 percent through May as the combination of high freight rates, poor reliability of ocean carrier service, and lack of equipment took a toll on foodstuff freight.

Despite predictions that the US economy is headed for a recession, warehousing demand keeps mounting as different streams of goods fill available space, experts told the JOC Inland Distribution Conference.

A trio of technology providers want to give shippers the ability to tie sensor-based container data to in-transit cargo insurance decisions.

A consortium of liner carriers and terminals aiming to speed the sharing of shipment data with banks believes it can overcome a chronic consent hurdle in the process.

Tive has been piloting its new pharma product, which meets a variety of requirements around data security and storage, with 34 companies over the past two months.

With US maritime reform now on the books, the head of the FMC says Congress is paying close attention to the end-to-end supply chain beyond ocean carriers.

In a Q&A with JOC.com, Pulitzer Prize-winning author and energy expert Daniel Yergin talks about the heightened sensitivity around US-China relations, the war in Ukraine, and what the current oil market means for the energy transition.

Shippers are seeking unified data across the modes they use, something that has prompted project44 to integrate data into a single platform it released Tuesday.

While US ports would operate their own data system through the FMC’s Marine Transportation Data Initiative, the agency would standardize what data needs to be shared and when.

Mediterranean Shipping Co. maintains it cannot produce discovery in an FMC complaint stemming back to July 2021 because of Swiss law and is now disputing a judge’s determination to issue default judgment.

The growing popularity of “China-plus-one” sourcing strategies is working to India’s benefit, sending trade between the US and India to record highs as shippers seek to diversify their supply chains.

Sustainability ambitions from the world’s largest cargo owners are ramping up pressure on carriers to accelerate their transition to zero-carbon fuels or risk losing high-volume business in the coming decades.

Half of the complaints are under investigation by the FMC while the other half of submissions were denied for timing, insufficient information, or misalignment with the complaint process.

A majority of respondents support the FMC emergency data sharing order, but container lines and other groups believe port congestion is improving and, therefore, does constitute an "emergency."

A shift from a focus on freight procurement to international transportation management has yielded growth in several regions for transportation management software vendor Cargobase.

A new data element mandated by the Ocean Shipping Reform Act of 2022 in June hasn’t changed the score for importers that struggle with the pressure of retrieving containers while disputing demurrage charges.

Convoy is attempting to differentiate itself within the competitive freight broker landscape by using data gathered from its driver-mandated app to provide more execution-focused visibility insights.

The FMC’s emergency order on data sharing would seek to alleviate port congestion by requiring more visibility into appointment availability, empty container return times, and terminal closures.

NYSHEX has landed its third funding round in 24 months, a $25 million investment that supports the notion the shipping industry is starting to embrace mutually enforceable contracts.

Linking ocean and air freight visibility has been an elusive challenge for shippers and logistics providers, which has led Vizion and BlueBox to combine their respective data products in a commercial partnership.

MyCarrier has created automation partnerships with 15 less-than-truckload (LTL) carriers and will handle more than $1 billion in shipper freight spend, factors that induced venture firms to invest $22 million in the company.

Demand for rate benchmarking tools grew during the pandemic’s wild pricing swings in ocean shipping, which has helped fuel a new $80 million investment in Oslo-based software provider Xeneta.

A mandated “container available” data element related to demurrage fees is largely not being complied with yet as the shipping industry grapples with the immediate implications of OSRA-22.

Comparing the productivity of diversified third-party logistics providers is an imperfect science, but measuring a 3PL’s revenue per employee is one key metric.

The complaint to the Federal Maritime Commission is the latest made by a shipper against a major carrier following OSRA-22 being signed into law in June.

Technology intended to help shippers and forwarders manage arrival notice information might be the solution that federal regulators are seeking to bridge data gaps from carriers and terminals.