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Global freight sails out of the digital dark ages, aided by start-ups

A missing load can mean the company pays penalties to wholesale customers for late shipments

Suez Canal container ship
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Photo: Reuters

Nick Carey & Lisa Baertlein | Bloomberg London
If suppliers in China fail to pick up freight containers to fill an order for MediaShop, Marcel Schneider gets an alert via a digital freight system, allowing the retailer to reach out and fix the problem swiftly.
 
Before July 2020, Austria-based MediaShop's deputy supply chain director says he would discover problems in his supply chain only when containers failed to arrive in Hamburg as scheduled. “It was like being in a tunnel where you had only a limited view of what was going on,” Schneider said.
 
Lost containers means lost sales for MediaShop, which sells consumer goods ranging