Technology – Page 43
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News
Freightos raises $25m for further growth
Hong Kong registered online booking portal Freightos has raised $25m in funding from a group of investors led by GE Ventures.The logistics technology company has announced the completion of a $25m Series B extension round which, it said, would bring the company’s total funding to $50m.The funds will be used ...
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Digital forwarder predicts airlines will bring cargo consolidation in-house
Airlines will soon be able to bring cargo consolidation in-house rather than rely on freight forwarders to perform the function, according to Flexport.The digital forwarder’s chief executive, Ryan Petersen, said that at the moment freight forwarders carry out the consolidation function because it allows them to make a margin on ...
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Survey: Forwarders on track for automated processes
A survey of freight forwarders suggests that the sector’s transition from manual to automated processes is gathering pace.The survey by Hong Kong registered online booking portal Freightos found that although forwarding is largely manual today, in five years’ time 74% of forwarders believe it will be largely (but not completely) ...
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Error elimination speeds Schiphol supply chain
Schiphol Airport is offering an online air waybill compliance checker as part of its Smart Cargo Mainport Program. It aims to speed up cargo flows by finding mistakes before they can clog up the system.Developed by Cargonaut and tested by KLM Cargo as part of the European Green Fast Lanes ...
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US team pushes the boundaries of drone delivery
A Nevada consortium claims to have set a record for the longest urban package delivery in the US. Team Roadrunner flew a fixed-wing unmanned aerial vehicle (UAV) over 97 miles to Austin, Texas controlled by cellphone systems.Launched from a central Texas location, the UAV flew a preplanned route through the ...
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Airbus’ BizLab is buzzing with ideas
Plane-maker Airbus says that 30 start-up companies from its three BizLab schemes in Toulouse, Hamburg and Bangalore have pitched their projects to international investor at a summit in Toulouse.Airbus describes BizLab as an aerospace business accelerator, giving new firms the opportunity to realise their ideas.In parallel, Airbus Bizlab is now ...
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The Airlander rises again
Hybrid Air Vehicles’ Airlander 10 Airship made a successful flight on 10 May, following its accident last August.The £25m vehicle, described as the world's largest aircraft, sustained cockpit damage in a heavy landing at Cardington Airfield in the UK Midlands on 24 August, just days after making it maiden flight, ...
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Flexport to invest in cross-dock facilities
Forwarder Flexport will invest in a network of consolidation facilities as it looks to gain greater control over supply chains.Speaking to Air Cargo News at the Air Cargo Europe event, Flexport chief executive Ryan Petersen revealed that the company had just signed deals for facilities in Hong Kong and Los ...
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DHL tech makes for a speedier, safer warehouse
DHL Supply Chain is testing new technology that monitors warehouse activity in real-time at three pilot sites in Germany, the Netherlands and Poland. Data is aggregated from sensors on scanners and material handling equipment, and DHL’s warehouse management system which is then visualised on ‘heat maps’ to improve efficiency and ...
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Airfreight industry calls for data pipeline
Participants called for a “data pipeline” for air cargo at a recent workshop organised by the Trade&Cargo Facilitation Association (TCF).However the concept is challenging, although over 80% of companies attending the event said they were willing to get involved in its implementation.The event at Kista, Sweden on 24-25 April and ...
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New system set to fix broken supply chains
Software firm Gelnius has launched a new technology platform that it says could reinvent the way global supply chains work, by linking up previously disjointed systems.The Gelnius system was originally developed from SEKO Logistics technology which manages 150,000 outbound finished goods inventory movements a year and has a proven in ...
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Peli Bio Thermal opens two service centres
Passive air cargo container firm Peli Bio Thermal has opened two service centres, in Belgium and Puerto Rico, serving the global pharmaceuticals sector.The new facilities will serve as additional depots for the company’s Crēdo on Demand rental program.Located at key hubs for both pharmaceutical manufacturing and transfer, the new locations ...
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Investment in technology the key for airfreight
In a column for Air Cargo News, Dheeraj Kohli, vice president and global head of travel and transportation for Blue Bell-based Unisys Corporation outlines why he believes integration is key for the future of airfreightCompared to many other sectors, transport and cargo has what could charitably be called a conservative ...
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Alexa, where's my cargo?
CHAMP Cargosystems has developed a system that allows users to make air cargo track and trace requests using Amazon's Alexa voice recognition service.The new system enables voice interaction with CHAMP's Traxon track and trace application, allowing users to obtain air waybill statuses using simple voice commands on devices that offer ...
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Hybrid Airships to take to the air with Helium One
Hybrid Enterprises, the exclusive worldwide re-seller of Lockheed Martin’s Hybrid Airships, has agreed a strategic partnership with Helium One, an explorer, developer and producer of high value bulk liquid helium for the international market.Helium One will use the LMH-1 Hybrid Airship to safely transport helium out of Helium One’s deposit ...
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Airlander makes progress towards resumption of flight testing
Hybrid Air Vehicles, the company behind the new Airlander hybrid aircraft - which utilise new technology to combines favourable characteristics of fixed wing aircraft and helicopters with lighter-than-air technology – has said that it has passed two milestones on its way to the resumption of its flight test programme.The Airlander ...
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E-AWB use sees slight decline in February
Electronic air waybill (e-AWB) penetration of the market tailed off slightly in February, according to the latest IATA monthly report. The figure for the month was 0.3% down on January, according to the association’s latest figures.eAWB volume in February was 639,419 while in January it was 639,540.Nevertheless, IATA has set ...
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CargoIT opts for Traxon cargoHUB
Stockholm-based logistics software provider CargoIT has connected to the Traxon cargoHUB.Traxon cargoHUB is CHAMP’s fully automated host-to-host communication product that links more than 100 airlines with approximately 3,000 forwarders, general sales agents (GSAs), ground handling agents (GHAs) and shippers.CargoIT is connected to Traxon cargoHUB using IATA Cargo-XML version 3.0, which ...
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Network to offer expert advice
Air cargo and aviation network Neutral Air Partner is launching NAX, an international group of experts to advance the interests of time sensitive industry and e-commerce. Its aim is to provide resources and education on industry trends and opportunities to its membership of first, middle and last mile delivery companies.Target ...
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Tech giant offers carriers air cargo solution
Global IT firm Unisys is offering a new “holistic and integrated cargo logistics solution to allow carriers to streamline freight management and improve their operational efficiency.Digistics lets air carriers choose from a comprehensive suite of offerings or select the specific services they need, including inventory management, booking, invoicing, and accounting. ...