Technology

  • Blockchain-based app can hold supply chain partners accountable for container damage

    May 17, 2018 — Logistics services provider TCompanies’ newest venture, Photo Equipment Interchange Receipt (PEIR), is an app for logistics companies that aims to digitalize the process of recording damage to containers and trailers. The PEIR app’s interface allows those handling freight at transition points in the supply chain to snap photos of the state of the container or trailer and store the files in the blockchain-encrypted app.
  • Could Truck Electronics Be the Next Cybersecurity Threat?

    Apr 24, 2018 — The potential for a truck’s vehicle bus, technically known as the J1939 bus, to be compromised by a nefarious actor and used as an access point into an ECM, has been known for some time, said Bill Brown, chairman of the Technology & Maintenance Council’s Future Truck Committee and the retired director of telematics for Southeastern Freight Lines.
  • Blockchain on Verge of Revolutionizing Shipping Industry

    Apr 18, 2018 — Globalization has brought the most advanced trading networks the world has seen, with the biggest, fastest vessels, robot-operated ports and vast computer databases tracking cargoes. But it all still relies on millions and millions of paper documents. That last throwback to 19th-century trade is about to fall.
  • Blockchain in Transport Alliance Gains Members, Traction

    Apr 12, 2018 — Blockchain is gaining more interest from the transportation industry as a broad coalition of freight and logistics companies band together to set common practices to deploy the technology. The alliance now has more than a hundred members, including UPS, Penske Corp., GE Transportation, Werner Enterprises, Schneider and J.B. Hunt.
  • World’s First Autonomous Shipping Company Established in Norway

    Apr 5, 2018 — Shipping group Wilhelmsen and technology firm KONGSBERG, both from Norway, have joined forces to establish the new company, named Massterly, which will launch later this year offering the complete value chain for autonomous ships, from design and development, to control systems, logistics services and vessel operations.
  • Can IT help the shipping industry deep-six the container "no-show" problem?

    Apr 4, 2018 — About one-quarter of all ship bookings never materialize because users find cheaper rates elsewhere, according to the New York Shipping Exchange (NYSHEX), which has created a digital capacity-allocation platform supported by real-time market data and binding contracts with incentives for shippers to ship on the contracted vessel and carriers to make the contracted capacity available. No-shows cost carriers about $23 billion a year, NYSHEX has estimated.
  • A commercial reality check for autonomous shipping in 2018

    Mar 7, 2018 — Autonomous vessels are generating increasing interest in the shipping industry, both due to novelty and promising commercial benefits. However, despite all the buzz actual investments in projects involving autonomous vessels remain few and far between.