CargoX proof of concept showcases interoperability for global trade eBOLs

Document transfer solutions provider CargoX says that by utilizing blockchain technology, it recently concluded an electronic bill of lading (eBOL) transfer with a competing provider, edoxOnline, within six minutes, a process that traditionally takes hours or even days.

The potential benefit of that streamlining is highlighted by a recent McKinsey study showing that 40% of containerized trade still relies on the transfer of paper record copies with up to 50 sheets of paper from up to 30...

Amazon adding BigCommerce to Buy with Prime, scrapping invite-only model

Launched in April, Amazon’s Buy with Prime service — which grants merchants the ability to offer customers perks like free and two-day shipping through Amazon’s fulfillment network — had the looks of a game changer for e-commerce.

Now it appears the new offering is ready to change the game.

Amazon (NASDAQ: AMZN) on Tuesday announced that by Jan. 31, Buy with Prime will no longer be invite only. That means more e-commerce merchants, including those that do not sell on the company’s website, will...

https://www.freightwaves.com/news/amazon-adding-bigcommerce-to-buy-with-prime-scrapping-invite-only-model

Building market elasticity through tech infrastructure

The freight market is a lot like a pendulum, as FreightWaves CEO Craig Fuller described it last month. Just wait, and the market will eventually swing — be it for better or worse. 

Loose market conditions over recent months have tested carriers’ resolve as greater capacity has given shippers more pricing power. During these conditions, contracts are especially important for carriers to ensure consistent freight and cash flow.

“The best, most agile companies can negotiate lucrative contracts with...

https://www.freightwaves.com/news/building-market-elasticity-through-tech-infrastructure

API integrations offer pathway to compete in connected market

A truck rolls down the highway.

The logistics industry is in the midst of a widespread technological revolution. Spurred by the 2018 ELD mandate, the logistics software space has exploded over the past few years. Thousands of new solutions have hit the market, including dozens of new load boards, forecasting services and tracking applications.

At the same time, the coronavirus pandemic sent the market into a tailspin, causing seriously strained capacity and historic rate hikes. As a result, these new-to-the-scene technologies...

https://www.freightwaves.com/news/api-integrations-offer-pathway-to-compete-in-connected-market

Royal HaskoningDHV makes key appointments to water and maritime leadership team

Royal HaskoningDHV makes key appointments to water and maritime leadership team

Esther Bosman and Maartje Wise-Hoevenaars © Royal HaskoningDHV

Amersfoort, the Netherlands, 20 January 2021 – Royal HaskoningDHV has confirmed its renewed focus on the Dutch water and maritime sectors with two key appointments:

Maartje Wise-Hoevenaars takes on responsibility for all ecological, water technology and water system activities in the Netherlands.

Esther Bosman will handle all flood risk management and...

https://allaboutshipping.co.uk/2022/01/20/royal-haskoningdhv-makes-key-appointments-to-water-and-maritime-leadership-team/

Emerge partners with EDRAY to ease drayage pain points

Freight procurement platform Emerge on Tuesday announced it is partnering with EDRAY to offer its global shipping customers access to drayage solutions.

EDRAY received a $7 million investment in July from Emerge founder and CEO Andrew Leto, who was attracted to the company’s unique way of consolidating global shipments and its use of flow stacking, a process that coordinates a number of incoming port pickups so that all cargo is stowed together, making for an easier unloading process, which can...

https://www.freightwaves.com/news/emerge-partners-with-edray-to-ease-drayage-pain-points

Data and analytics crucial to future of automation

Tractor-trailers heading down a highway with storm cloud across the sky.

Logistics companies are passionate about efficiency, and this passion is driving the industry’s technological revolution. More efficient operations lead to less hassle, happier customers and more attractive bottom lines. Conversely, resisting modern solutions has become unsustainable, leading to opaque processes, delays and customer complaints.

While automation offers the quickest path to increased efficiency, many companies are held down by slow-to-adapt legacy operations or siloed solutions....

https://www.freightwaves.com/news/data-and-analytics-crucial-to-future-of-automation

IMF faces defining challenges, Climate crisis will bring global stagflation, and more

IMF faces defining challenges, Climate crisis will bring global stagflation, and more

THE WEEKEND REVIEW Latest opinion and analysis from OMFIF around the world

15-19 November 2021, Vol.12 Ed.46

Most-Read Commentary

IMF faces defining challenges: The International Monetary Fund saturates the airwaves with flashy work on climate and re-channelling special drawing rights. But defining challenges for its future and reputation will soon descend upon it. They have to do with how the Fund manages...

https://allaboutshipping.co.uk/2021/11/20/imf-faces-defining-challenges-climate-crisis-will-bring-global-stagflation-and-more/