2015-2017 Archives (Please contact us for access)
Summary: February 2, 2018, Stratasys has entered into an agreement with PostNord Strålfors, a subsidiary to PostNord that will allow it to leverage Stratasys’ additive manufacturing expertise and technology solutions to create an on-demand part production and delivery service for customers across the PostNord logistics network.
“At PostNord Strålfors, we aim to be our customer’s digitalization partner, and we constantly need to strive for digital developments and explore new business opportunities,” says the CEO of PostNord Strålfors Group.
LogisticsTI Take: According to the press release, PostNord Strålfors has identified additive manufacturing as “a significant step in the company’s service offering to address ever-changing customer needs.” It is also another step towards diversifying its offerings as it looks to move beyond traditional mail offerings to more profitable opportunities.
Summary: Portbase was created by a merger between Rotterdam’s Port infolink and Amsterdam’s PortNET. According to its website, the organization was set up in 2009 by the Port of Rotterdam Authority and Port of Amsterdam with the aim to make logistics chains of Dutch ports as attractive as possible by offering a one-stop-shop for logistic information exchange.
The partnership with Portrix will provide Portbase’s users access to PLS’s VGM solution to “enrich the Portbase service Notification Verified Gross Mass and to ensure compliance with the latest SOLAS requirements”.
According to the CEO of PLS, “Portbase connects the players in the Dutch logistics market, enabling everyone in the logistics chain to share and access relevant information. VGM data is now a key element of that eco-system and by integrating our application into Portbase’s service Notification Verified Gross Mass they have a simple means of exchanging it, instantly connecting forwarders to every conceivable carrier they wish to partner with.”
LogisticsTI Take: PLS is an established technology company that has focused on the freight forwarding/supply chain market since 2001 and includes Kuehne + Nagel among its customers. This latest partnership will further improve efficiencies, delivery times and compliance for those using the Dutch ports.
Summary: January 18, 2018 – The new solutions are designed to help importers and exporters increase speed-to-market with more powerful connectivity and actionable insights. According to the press release, “PEAK™ is an intuitive technology designed to help clients manage beyond logistics, providing access to insightful and actionable supply chain data to empower intelligent shipping decisions. It is a robust, user-friendly portal that provides real-time visibility, including key milestone alerts and exception management. PEAK™ will also allow global trading partners to establish business rules, generate shipping documents and store all order communication in a single, mobile-enabled system”.
According to the President of Ascent Global Logistics, “Having powerful International Freight Forwarding solutions such as Order Management, along with one completely integrated technology platform, allows us to provide clients with increased transparency into their supply chain. Clients aren’t just seeking data or visibility. They are looking for us to provide them with meaningful commercial insights into their business and to empower them to not just react to disruptions, but to anticipate them and make sound business decisions”.
LogisticsTI Take: A good move for Marisol as the forwarding market continues to embrace such tools. Additional information on Peak can be found here.
Summary: January 15, 2018 – A Memorandum of Understanding to establish a joint venture between the two companies was signed to invest globally in early stage companies developing cutting-edge technology for logistics and supply chains.
As noted in the press release, the joint venture is targeting investments into early stage companies which are developing technologies and services with the potential to transform traditional business models in logistics, improve efficiency and provide an enhanced value proposition for the consumers. The cooperation will focus particularly on the areas of big data and predictive analytics, artificial intelligence, block chain and robotics.
According to the Chairman of Kuehne + Nagel, “…The cooperation combines Temasek’s focused and long-term oriented investment strategy and expertise, with Kuehne + Nagel’s global logistics network and know-how, creating a win-win situation for all parties. For Kuehne + Nagel it is both another important step in the deployment of our digitization approach and to shape the future of our industry”.
LogisticsTI Take: A means to not only to stay abreast of the latest trends but also as a way to identify potential acquisition targets in one of the fastest growing logistics markets, the partnership will likely attract top talent. More logistics providers and carriers are establishing such partnerships so as not to be ‘left-behind’ in terms of technology.
Summary: January 19, 2018 – First tested in 2016, the new joint company will utilize a blockchain platform developed by IBM to provide real-time information on ship movements and the merchandise carried. The press release notes that smart contracts are expected to replace the current complex and labor-intensive paperwork process.
The CEO and former president of Maersk Line in North America, expects the joint venture to receive regulatory approval in early spring and begin selling software subscriptions by the third-quarter of 2018. The new company is currently forming an advisory board comprised of industry and government officials.
Maersk notes – “More than $4 trillion in goods are shipped each year, and more than 80% of the goods consumers use daily are carried by the ocean shipping industry. The maximum cost of the required trade documentation to process and administer many of these goods is estimated to reach one-fifth of the actual physical transportation costs. According to The World Economic Forum, by reducing barriers within the international supply chain, global trade could increase by nearly 15% boosting economies and creating jobs”.
LogisticsTI Take: We expect to hear more blockchain partnership announcements this year. Great potential exist for this technology in numerous parts of the supply chain, the biggest of which is efficiency improvements. Maersk further noted in its press release, “The pilots confirmed our expectations that, across the industry, there is considerable demand for efficiency gains and opportunities coming from streamlining and standardizing information flows. Now this work has progressed to a point that a beta version involving all players of the ecosystem along a specific trade lane can be launched. That is why we intend to create the joint venture – to take these solutions to market.”