Welcome to the July issue of “Across Logistics”, where we are presenting the latest logistics technology news that happened over the past month.
Here is the list of topics in this issue:
- A.P. Moller – Maersk Launches Maersk Flow, a Digital Supply Chain Management Platform
- MSC Joins the Smart Maritime Network
- Electric Truck Maker Rivian Secures $2.5B in New Funding
- Jonathan Fath Joins Transmetrics as COO
- C.H. Robinson Announces an Alliance with Microsoft to Digitally Transform the Supply Chain of the Future
A.P. Moller – Maersk Launches Maersk Flow, a Digital Supply Chain Management Platform
In July, Maersk announced the launch of Maersk Flow – a digital platform that provides customers and their partners with everything they need to take control of their supply chain, from the factory to market.
The solution enables transparency in critical supply chain processes and ensures that the flow of goods and documents is executed as planned. It also reduces manual work and costly mistakes, while empowering logistics professionals with all the current and historical data they need to sustainably improve their supply chain.
“We are very excited to release Maersk Flow, which will give customers a digital supply chain management tool that is designed specifically for their needs. Maersk Flow will allow our customers to significantly improve their supply chain performance with less time and effort. This lets them focus more resources on their core business and achieve happier customers and higher sales growth,” added Martin Holme, Global Head of SCM & E-commerce Logistic, A.P. Moller – Maersk.
MSC Joins the Smart Maritime Network
Mediterranean Shipping Company has announced that it has joined the Smart Maritime Network, an industry membership group focused on increasing the compatibility, standardization, and harmonization of the technology used in the modern shipping industry.
As a part of the network, MSC will work closely with maritime technology developers, vessel owners and operators, engineering OEMs, and other key stakeholders, to develop joint approaches that will benefit the entire industry.
“We are pleased to join and support Smart Maritime Network, a platform to further promote and accelerate digital transformation across the shipping and transport logistics sectors. Collaborating with other members to solve key industry challenges is of paramount importance to MSC and there is no doubt that this Network opens up new opportunities for these efforts to become a reality, shaping the future of our industry,” shared André Simha, Chief Digital & Information Officer at MSC.
Logistics Technology Investments
Electric Truck Maker Rivian Secures $2.5B in New Funding
On July 10 electric truck and vehicle maker Rivian has secured $2.5 billion in new financing. Participants in this investment round include Soros Fund Management LLC, Coatue, Fidelity Management, and Research Company, and Baron Capital Group. Existing shareholders Amazon and funds managed by BlackRock also participated.
Last year, Amazon ordered 100,000 electric delivery vans from the Michigan-based startup with around 10,000 of the delivery vans joining the e-giant’s fleet in the next couple of years. Despite production delays tied to the coronavirus pandemic, the consumer vehicles are also expected to launch early in 2021.
“We are focused on the launch of our R1T, R1S, and Amazon delivery vehicles. With all three launches occurring in 2021, our teams are working hard to ensure our vehicles, supply chain and production systems are ready for a robust production ramp-up. We are grateful for the strong investor support that helps enable us to focus on the execution of our products,” said Rivian Founder and CEO RJ Scaringe.
Other Logistics Technology News
Jonathan Fath Joins Transmetrics as COO
On July 1st, Jonathan Fath has joined Transmetrics as the Chief Operating Officer. This is a strategic hire for Transmetrics with Jon taking responsibility for commercial and general management activities, driving revenue, and contributing to product development based on his extensive experience in logistics assets management.
“Welcoming Jon to Transmetrics is a great privilege for the whole team. Jon has outstanding commercial performance and extensive international experience. In addition, he is very well-positioned in the asset management area, which makes him a great fit for Transmetrics. Hiring him is a vital strategic step of our development as an innovative provider of predictive optimization solutions for logistics because we plan to expand our product portfolio in the next two years, supported by the Horizon 2020 project,” said Asparuh Koev, Transmetrics CEO and Co-Founder.
C.H. Robinson Announces an Alliance with Microsoft to Digitally Transform the Supply Chain of the Future
On July 14th, C.H. Robinson and Microsoft have revealed that they are joining forces to digitally transform supply chains of the future by combining the power of C.H. Robinson’s Navisphere®, Microsoft Azure and Azure IoT to meet the changing demands of evolving global supply chains.
Through this collaboration, Navisphere — C.H. Robinson’splatform — will now leverage Azure IoT Central to integrate IoT device monitoring that measures factors such as temperature, shock, tilt, humidity, light, and pressure in shipments to give customers an even more detailed level of intelligence about goods as they move through the supply chain. Together, C.H. Robinson and Microsoft work with many of the Fortune 250 companies, which means this alliance makes it even easier to scale and develop new solutions to provide the world’s largest shippers with greater supply-chain efficiency, real-time insights, and visibility.
“As we continue to invest and enhance our technology built by and for supply-chain experts, we look to partner with other best-in-class companies that bring the most value to our customers. Through Microsoft’s Azure cloud platform, we gain more scalability, premier data security, and increased application speed, which benefit our customers and carriers around the world,” commented Chris O’Brien, chief commercial officer, C.H. Robinson.