While innovations in data and technology solutions have the potential to completely transform fleet management operations, a whopping 85% of shippers and consignees believe their industry is still lagging behind others when it comes to implementing these new technologies. Meanwhile, the logistics companies who have been early to embrace tools like artificial intelligence (AI), predictive analytics, and Internet of Things (IoT) devices are realizing high ROI and improved efficiency for their businesses. Now, digital enterprise tools are becoming central to the monitoring, analyzing, and execution of sustainable fleet optimization.
Welcome to the March issue of “Across Logistics”, where we are presenting the latest logistics technology news that happened during this month.
Here is the list of topics in this issue:
- Waymo Raises $2.25 Billion External Investment Round
- Logistics Startup Overhaul Secures $17.5 Million Growth Investment
- Wilson Logistics Partners with Locomation for Platooning Pilot
- TuSimple and ZF Partner to Develop Technology for Mass-Produced Autonomous Trucks
- Shipment Visibility Provider Sixfold Releases Free Live Border Congestion Map in COVID-19 Crisis
- Drone Delivery Company Matternet Unveils the New Matternet Station
Every month we select one logistics startup which represents a positive example of innovation in Logistics and Supply Chain and has the potential to alter the way the industry operates. This month, Transmetrics selected Shipamax, the leading logistics back-office automation solution, as the “Logistics Startup of the Month” for the remarkable achievements in digital data extraction and document processing acceleration.
In order to learn more about the company and what makes Shipamax stand out, we have talked with Jenna Brown, Co-founder and CEO at Shipamax, about the journey and what exactly are the current and the future of document processing in Logistics.
Just a few short decades ago, it was nearly unimaginable that we could ever turn vast amounts of data into actionable information for logistics providers around the globe. But fast forward to today, and data has become the cornerstone of any modern logistics operation. Improved operational efficiency, last-mile and real-time route optimization, strategic network and capacity planning, customer service improvement and more product innovation are just a few of the major benefits now easily produced by a data-driven business.
There are both pros and cons that come with this access to massive quantities of information: While this data has the potential to inspire exciting business transformation, it’s often more difficult for logistics organizations to sort through it to discern what’s useful and what’s not. If your company has piles of data in various formats and systems which aren’t being used to create actionable insights, its storage will only become useful when a data-driven solution is implemented later on. This is why many organizations are starting to rely on industry data standards, which dictate how data should be recorded, stored, and shared. Standards may vary by industry, but the governing principle is that any crucial information must be exchanged in a common format that makes collaborating and extracting insights simple and straightforward.
When you are looking for news and expertise in logistics technologies and companies, where do you typically go? The truth is, there is such a big influx of articles and “expertise” that it can be difficult to find the relevant, actionable, and most importantly, up-to-date articles on logistics.
While logistics and supply chain publications with relevant information certainly exist, some of them are locked behind a paywall, making it hard to easily access valuable industry insights. Luckily, there are plenty of free logistics blogs that are just as valuable and filled with expert interviews, latest industry news and opinions, product highlights, and so much more. In this article, we have decided to make a list of the high-quality logistics blogs to help you get the information and news you need — without wasting any time or effort.
Today’s logistics providers are, by now, all too aware of the fact that e-commerce business is booming: Online sales are estimated to take up 24% of total sales by 2027. This rapid growth has, in turn, created huge challenges for order fulfillment and reverse logistics in recent years. Companies have been forced to redesign their warehouses and distribution centers in order to meet consumers’ demands for fulfilled orders as quickly as possible. These days, if a supplier can’t keep up with the quick shipping needs of consumers, it’s all too easy for those consumers to simply switch to a competitor who can meet their needs.
Welcome to the February issue of “Across Logistics”, where we are presenting the latest logistics technology news that happened during this month.
Here is the list of topics in this issue:
- Amazon Is Set to Create a Futuristic Fleet of 100,000 Electric Delivery Vans, with Alexa and Built-In Routing Software
- Nuro Becomes the First Self-Driving Vehicle Company to Ditch Side Mirrors and Windshields in the US
- “Hapag-Lloyd LIVE”: Hapag-Lloyd Launches Remote Reefer Supply Chain Monitoring Tool
- MSC Adds over 5,000 Star Cool CA Units to Further Expand Its Reefer Fleet
- Flock Freight Secures $50M Series B to Innovate LTL shipping
- Digital Freight Marketplace Emerge Raises $20 Million in Series A Funding
- Paris-based Shippeo Receives €20 Million Series B to Expand Supply Chain Visibility Platform
- Manna announces Just Eat, Ben & Jerry’s and Camile Thai as First Commercial Partners for Drone Food Delivery
We are living in the era of e-commerce, which, as it turns out, could be both beneficial and challenging for today’s businesses. With online shopping more popular than ever before, RBC Capital predicts online sales will account for 24% of total sales by 2027. As free online shipping has become the predominant practice for e-commerce businesses and even brick-and-mortar stores with an online presence, consumers have been experiencing increasingly better customer service. Yet, e-commerce businesses are more strapped for resources than ever as they must ensure that all aspects from purchase to return are seamless and smooth.
Over the past decade, drones have evolved from an underdeveloped pipe dream to being on the cusp of its own mainstream logistics sector. Drones, known more formally as Unmanned Aerial Vehicles (AEVs), are small, autonomous robots that can be controlled either remotely or by following an internal flight path on its own.
Let’s take a quick look at how drones have evolved in recent years. While drones have been used for military purposes for decades, the first US commercial drone permits were issued by the U.S. Federal Aviation Administration back in 2006, allowing drones to be flown for business purposes for the first time ever. Just a few years later in 2010, French startup Parrot released the Parrot AR Drone, the first drone to be controlled by Wi-Fi and smartphones — a huge step for drone development for both consumers and businesses. In 2013, Amazon swooped in with its concept for a drone-based delivery system, although the company is still yet to release details on when it will actually start making large-scale commercial shipments via drone. In 2016, DJI released its Phantom 4 Drone, the first to incorporate machine learning technology to intelligently track objects in place of following a GPS signal or programmed route. This brings us to today’s drone climate, with dozens of new drone startups popping up worldwide in an effort to bring drone delivery to everyday life.
Welcome to the first issue of “Across Logistics” in 2020, where we are presenting the latest logistics technology news that happened in January. If you are interested to learn about the most important logistics technology announcements of 2019 – check out this article.
Here is the list of topics in this issue:
- DCSA Establishes Track and Trace Standards for the Global Container Shipping Industry
- Waymo Announces the Tests of Self-Driving Trucks and Minivans in New Mexico and Texas
- FourKites Develops Functionalities to Help Carriers Control Trucking Operations Data
- Amazon Plans to Bring 10,000 Electric Delivery Rickshaws to India by 2025
- UPS Invests in Arrival and Orders 10,000 Generation 2 Electric Vehicles
- C.H. Robinson Launches Incubator to Develop Supply Chain Technology Solutions