digitization

If there is one segment of global freight movement that fosters distrust, it is the supply chain. Goods move around the world, change hands multiple times, sit unattended for long stretches, and ultimately show up in a warehouse or on a store shelf. Few know how they got there, and most don't...

Economies around the world are embracing Industry 4.0, and that means supply chains must as well. The third industrial revolution saw the introduction of computers and automation. 4.0 takes that a step further by connecting a myriad of data points and using machine learning to take automation to...

At the recently concluded FreightWaves LIVE event in Chicago, leading supply chain solutions provider J.B. Hunt Transport Services (NASDAQ: JBHT) bagged the fourth place in the FreightTech 25 list – a survey that recognizes companies pushing boundaries within the logistics industry through the use...

WeWork, FinTech, FreightTech, margin maximization, can decentralized brokerage office structures work in a digital world, the 5 stages of Cybertruck, Slush Week in Helsinki, streamlining payment inefficiencies and letters of credit, plus much more. Image by rawpixel from Pixabay

Digitization is an ongoing process that's proving consequential in nearly every industry. This is certainly true of freight shipping, where digitization, along with online shopping, global marketplaces and new productivity technologies, have had a lasting impact. Logistics, cargo handling, last-...

Digitalization has taken hold across every aspect of the trucking industry, from the back office and receiving dock, to the drivers, trucks and trailers, making it difficult for carrier and freight brokerage managers to ignore. There are lots of new cloud-based options for companies within the...

India-based logistics startup ElasticRun has raised a Series C investment of $40 million in a round led by Prosus Ventures and saw the participation of existing investors Avataar Ventures and Kalaari Capital. ElasticRun has built a last-mile logistics platform for the Indian market that helps...

Everoad, the French-based road freight digitalization startup, has announced a strategic partnership with French mass-retailer Groupe Casino to help the retail major in its efforts to digitalize its supply chain. Spanning four years, the contract is worth a total of €100 million, making it one of...

Much like the road freight industry in the U.S., its European counterpart suffers from similar issues with fragmentation and low visibility into logistics operations, brought about by the lack of digitalization across large swathes of the market.  Through its customs regulations, the European...

The maritime sector might be a long way behind airlines and integrators when it comes to embracing the digital world. But it is catching up quickly as new satellite systems enable the real-time networking of fleets. And, according to former naval personnel and security experts speaking at London...

Freight tech has become one of the hottest venture capital marketplaces in the business world, with investment dollars in startups growing 24x from 2014 to 2018, when nearly $3 billion poured into the space. Much of this investment was dedicated to the transportation side of the logistics...

For many industries, information flow has seen a remarkable transformation from paper mediums to digital in order to save time, space and money. Not to mention digital mediums tends to be more organized than paper-based information. Paper companies have not backed down to the industry threat,...