Freight forwarding startup Flexport has raised more than $200M to take on the entire global shipping industry, while fending off other new entrants such as Amazon.
Maersk and other maritime logistics players, which handle 90% of globally traded goods, are exploring blockchain to increase efficiency and transparency in global trade.
Startups attempting to integrate technology into the age-old maritime logistics space are gaining increased attention from industry players.
Unmanned marine vehicles will use sensors & AI to crisscross the world’s oceans without a crew – potentially lowering costs & improving safety for the $334B shipping sector.
Recent patent applications show Amazon and Walmart looking into connected refrigerators and trash cans that can sense spoiled food or discarded products, which could help the retailers automatically ship new products to shoppers.
The $68B gorilla continues to expand globally in places like India and Brazil and is still chasing autonomous driving. However, it will have to stem its losses ahead of an eventual IPO, which may lead to rollbacks in contested regions like Southeast Asia.
The world's oldest automaker turns to startups and startup accelerators as it hopes to stay abreast of rapid auto tech and mobility developments.
By coupling airborne drones with smarter RFID systems, MIT researchers may make missing packages a thing of the past.