Aug 1, 2018
— As of 1 August 2018, Customs Authorities in China will accept electronic documents (eDocs) at the point of Customs declaration, and will not longer require paper documents as a strict prerequisite for clearance.
Jul 31, 2018
— Various maritime management solutions are cropping up in the industry and help connect shippers, maritime carriers, and their affiliated partners, improving efficiency and visibility across the supply chain. Regardless of this, the industry continues to be bogged down by red tape and as the number of parties involved in a single transaction increase, stepping up the need for accountability is vital.
Jul 27, 2018
— The reams of personally identifiable information in the possession of healthcare and pharmaceutical companies makes them a clear target for cyberattacks, but the transportation industry, which now ranks third in security vulnerability according to a recent whitepaper released by Gallagher, has different exposures than just the threat of losing drivers’ licenses or social security numbers.
Jul 25, 2018
— Oversupply of shipping capacity rather than trade wars caused the recent rationalisation in transpacific and Asia-US east coast container services, with US tariffs on Chinese goods largely hitting non-containerised goods, so far.
Jul 9, 2018
— An autonomous truck is expected to arrive at the Port of Long Beach, Calif., seven minutes late after being rerouted to avoid a heavy-traffic zone. Fully automated cranes unloading containers from a self-piloting ship have been monitoring the truck’s route in real time and already have adjusted their loading schedule to account for the truck’s delay.
Jul 2, 2018
— In the next decade, three major technological disruptions will drastically shrink demand for for-hire trucking services. Nearly 20% of for-hire truckload freight is at risk, putting the trucking industry at risk of experiencing one of the most drastic freight-demand declines in history, matched only by the great recession.
Jun 20, 2018
— Tevva Motors Ltd., headed by a former Israeli submariner who’s vying with Elon Musk’s Tesla Inc. to develop electric-powered trucks, secured a major investment that will enable it put the vehicles on the road this year. Fifteen 7.5-ton electric-powered trucks will be delivered to UPS Inc. in the U.K. this summer, following a successful trial last year, and the company is in expansion talks with 30 logistics firms worldwide, including the U.S., Europe, China, Israel and India.
Jun 19, 2018
— Another freight management startup called Kangaruu has entered the digitalization landscape, releasing its logistics management platform for shippers and brokers in the trucking industry.