While sensor-laden containers, smart ships and 3D printing have grabbed the headlines, the start-ups making the biggest inroads are those working on something more basic - streamlining the interaction between shippers, freight forwarders and those actually transporting the goods.
Deutsche Post DHL Group will acquire UK Mail Group plc for 242.7m pounds ($315.63m), the company said. DHL said it expects the company's directors to make a unanimous recommendation that UK Mail shareholders accept the offer.
Wal-Mart Stores Inc. might be running a distant second to Amazon.com Inc. in the e-commerce race, but it's spending billions of dollars to close the gap.
Results published by the Canadian General Freight Index (CGFI) indicate that the total cost of ground transportation for Canadian shippers increased by just 0.15 percent in July, as compared with June results.
Insurance giant Allianz has warned that the increasing volume of drones in our skies could present a major cybersecurity threat, potentially even resulting in loss of life.
All CEOs of 14 North American 3PLs say their companies were profitable in 2015 and believe the regional 3PL industry had also been profitable for the year. Moreover, each sees the bottom line continuing to be positive over the next three years.
Today's rapid pace of change is adding complexity to the roles of shippers and their logistics providers, so many 3PLs have evolved from tactical service providers to collaborative partners that take on greater accountability and control. Providers have also increased their technology expectations, and 3PLs are responding with increased capabilities.
American Airlines Cargo has signed with the International Air Transport Association (IATA) to obtain certification for the handling of pharmaceuticals and healthcare products.
Johanson Transportation Service (JTS), a third-party logistics provider, has launched FreightOptixx, a cloud-based transportation-management system (TMS).