Freightos

AUGUST 8, 2023

Blog " * " indicates required fields Email * More Resources Home August 9, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market.

Price Reduction 176

Price Reduction Resource Reduction Asia Europe 176

6 River Systems

JULY 29, 2020

A behemoth in the logistics industry, UPS has operations in shipping, air freight, trucking, last-mile delivery and drone delivery. Revenue: $74.969 billion (12 months ending March 31, 2020), $74.094 billion (2019) Headquarters: Atlanta, Georgia, USA CEO: Carol Tome 2. Kuehne + Nagel Inc. Jacobs in 2011.

Warehousing 111

Warehousing 3PL Company Third Party Logistics 111

Talking Logistics

JUNE 22, 2015

The other big opportunity, which despite all the talk over the years remains on the table, is reducing the number of trucks required to ship products by eliminating empty miles and backhauls, developing smarter packaging, optimizing trailer loading, collaborative shipping, and other approaches. The redesign has saved the company €1.2

Vendor Strategies 100

Vendor Strategies Cost Reduction Strategies Price Reduction Procurement Analytics 100

Talking Logistics

JUNE 10, 2016

Last night, facing elimination, we were down 5-2 in the bottom of the 6th inning, down to our final three outs, when we rallied to tie the game, sending it to extra innings again. iContainers, Expedia for transporting freight internationally, raises $6.7 Freight Rates Push Lower as Truck Capacity Outweighs Demand (WSJ – sub.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Supply Chain Network Software Demand Planning Software Supply Chain Software 100

SCMDOJO

APRIL 15, 2024

Prime Membership: Amazon Prime – Subscription service offering benefits such as free two-day shipping, access to Prime Video, Prime Music, and exclusive deals. This subscription-based service offers customers free two-day shipping on eligible items, revolutionizing the e-commerce industry and setting new delivery standards.

Logistics Network Optimization Software 79

Logistics Network Optimization Software Inventory Reduction Sourcing Strategies Inventory Management Software 79

Freight Plus

NOVEMBER 7, 2019

Part one of a five-part series on the hidden benefits you can expect from working with a digital freight management company like Aborn & Co. The calculation usually goes something like this: Rate Savings Opportunity + Freight Optimization Cost Reduction Opportunity – Total payable to Aborn & Co = Return on Investment $$.

Cost Reduction Strategies 40

Cost Reduction Strategies Supply Chain Planning Software Expense Reduction Supply Chain Software 40

Supply Chain Game Changer

JULY 18, 2019

E-Commerce/Last Mile Delivery: Stop Shipping Air and Empty Boxes! The 2014 holiday season marked the last Q4 end-of-year sales period where packages shipped based on actual weight. This has changed the way freight companies calculate shipping charges. BTS predictions for 2045 show a huge increase in shipping.

Negotiating Skills 52

Negotiating Skills Price Reduction Cost Reduction Strategies Waste Reduction 52

Techgistics

SEPTEMBER 5, 2018

Since about 2012 there’s been a massive influx of VC funding that has been poured into startups to revolutionise logistics and supply chains. According to an article published in The Economist , AI has reduced returns by 2 million units a year and is able to procure 200,000 ítems autonomously without human intervention. In the U.S.,

Supply Chain Software 133

Supply Chain Software Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Planning 133

Talking Logistics

FEBRUARY 3, 2017

Wal-Mart offers free two-day shipping in latest attempt to compete with Amazon (Reuters). 3Gtms Announces Freight Claims Management Partnership with TranSolutions. I believe we are currently between Stage 2 and Stage 4 in many supply chain and logistics areas. But already a recurring pattern is emerging.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Supply Chain Planning Software Modeling Software Optimization Software 100

The Logistics of Logistics

OCTOBER 30, 2012

They will also learn specific actions for reducing LTL carrier shipping costs. Key process indicators (KPI) for the most important aspects of LTL shipping. The post Webinar: How to Measure LTL Carrier Performance and Save Money (November 21, 2012) appeared first on The Logistics of Logistics. Webinar topics will include: 1.)

KPI 100

KPI Cost Reduction Strategies Third Party Logistics How To 100

Freightos

SEPTEMBER 26, 2016

These two graphs explain why Maersk is splitting its shipping business, which is reeling from overcapacity; from it’s energy business, which is reeling from low oil prices: As Tolstoy observed, “each unhappy family is unhappy it its own way.” Twenty such ships were ordered.

Cost Reduction Strategies 120

Cost Reduction Strategies Price Reduction Shipping Purchasing Skills 120

Elementum

JULY 28, 2015

The trucking industry is hugely important for the United States’ supply chain— 67% of all freight in the U.S. Because of the shortage, wages for truckers have grown 25% to over $50,000 annually, up from $40,360 in 2012. was moved by truck in 2014.

Los Angeles 60

Los Angeles Supply Chain Design Software Modeling Software Supply Chain Planning Software 60

Savi

MAY 28, 2020

Once assembled, we then ship the units to the specific military customer, who then inspects the kits to confirm everything is in good order. Around the world, airlines were cutting passenger flights which also meant less air freight capacity. We tried to ramp up shipping some key parts, only to get blocked by our carriers.

Supply Chain Planning Software 91

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software Purchasing Training 91

Talking Logistics

MARCH 12, 2014

Then the con artists offer low bids to freight brokers who handle shipping for numerous companies. And of the 1,192 cargo theft incidents reported to CargoNet in 2012, 73 were described as fictitious pick-ups, a 25 percent increase over 2011. When the truckers show up at a company, everything seems legitimate.

Cargo 168

Cargo Florida Security New Jersey 168

Operations and Supply Chain Management

FEBRUARY 28, 2024

A century ago, the average return rate at Penney’s was probably something like 2%. RETAILERS TRY TO KEEP UP Returns are expensive for sellers, since shipping alone often costs more than the items can be resold for. The winner paid $925, shipping not included. It also has physical stores, which have mirrors.)

Reverse Logistics 75

Reverse Logistics Purchasing Skills Logistics Network Optimization Software Eliminating Excel in Purchasing 75

GlobalTranz

MAY 13, 2015

The evolution of Walmart’s supply chain includes three elements, according to a 2012 article from Arkansas Business: distribution practices, operating its own fleet of trucks, and technology. The data is shared with suppliers who know when to ship more products. Arkansas Business Limited Partnership, July 2, 2012.

Gartner 120

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 120

Talking Logistics

OCTOBER 29, 2013

Thanks to route optimization, order speed from vendor ship date to DC delivery aligns with demand. Robinson through the acquisition of Phoenix International Freight Services in 2012. It’s hard enough for people to change without springing change on them. Look internally at your current process. He joined C.H.

Pricing Training 145

Pricing Training Purchasing Skills Purchasing Training Negotiating Skills 145

The Logistics of Logistics

JULY 4, 2013

Most analysts believe LTL rates will increase 2-4% in 2013. During the downturn, carriers invested less in new trucks and terminals because shipping tonnage decreased. Now, shipping tonnage has increased and trucking capacity is much tighter. 15 Biggest LTL Carriers – 2012 Sales (Est.) % of Market.

Third Party Logistics 158

Third Party Logistics Freight 3PL Trends 158

BlueYonder

DECEMBER 18, 2015

” Four key trends are emerging that have the potential to impact ecommerce dramatically in the next year or two: 1. The days of 100% free shipping all the time are slowly fading. In the past few months, FedEx , UPS , and USPS have all announced rate structure changes targeted at improving their margins on ecommerce shipping.

Supply Chain Planning Software 40

Supply Chain Planning Software Trends Modeling Price Reduction 40

Elementum

APRIL 22, 2015

If inspectors were allowed to use drones, these inspections would drop from an average time of several weeks to 2-3 days and costs would fall from $10,000 per inspection to $1,000. Last year Rolls-Royce unveiled a virtual prototype for unmanned freight cargo ships, showing that the future of drones isn't exclusively airborne.

Cost Reduction Strategies 60

Cost Reduction Strategies United States Waste Reduction Expense Reduction 60

6 River Systems

SEPTEMBER 17, 2019

Bed Bath & Beyond @BedBathBeyond Bed Bath & Beyond has discovered a way to save millions of dollars on freight over the next few years, thanks to a new 755,000 square-foot distribution facility slated to open in the fall of 2019. The new facility will allow the company to offer two-day shipping to most (about 90%) of the U.S.

Supply Chain Design Software 45

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Inventory Reduction 45

Supply Chain Game Changer

NOVEMBER 15, 2018

The chain has lost 500 milion restaurant visits since 2012, according to CIPS, as customers have flocked to more fast-casual alternatives. Given that McDonald’s buys an estimated 2% of the world’s beef every year, this shift is bigger than it might seem on paper. So what are the Supply Chain Management implications here?

Gartner 42

Gartner Supply Chain Software Supply Chain Food 42

RFgen

SEPTEMBER 7, 2017

The shipping giant, like many organizations, depends heavily on air travel to move items around the world. DHL avoided this problem because it had planned for alternative freight methods in the event of a disaster and was able to enact the strategy when signs of an eruption began to emerge. Establish Remote Management.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Strategy 52

RFgen

SEPTEMBER 7, 2017

The shipping giant, like many organizations, depends heavily on air travel to move items around the world. DHL avoided this problem because it had planned for alternative freight methods in the event of a disaster and was able to enact the strategy when signs of an eruption began to emerge. Establish Remote Management.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Strategy 52

MIT Supply Chain

OCTOBER 10, 2013

I gave the example of Sun Microsystems, which suffered a spate of freight thefts in Europe. In March 2012 an accident at an Evonik Industries plant in Germany knocked out 40% of the global supply of CDT, a tough plastic used in fuel lines, brake lines, and plastic housings. 2. Highlight other benefits.

Inventory Reduction 101

Inventory Reduction Cost Reduction Strategies Waste Reduction Resource Reduction 101

Operations and Supply Chain Management

APRIL 24, 2015

In 2012, Amazon spent an amazing $775 million to acquire Kiva – a small company at the time – which is one measure of the system’s value, as Amazon now keeps the technology to itself and eventually into dozens of its fulfillment centers. Ship sites called in planned shipments, and then carriers and routings were phoned back.

Supply Chain Planning Software 49

Supply Chain Planning Software Supply Chain Software Innovation Supply Chain Optimization 49

Supply Chain Network

APRIL 3, 2012

“Intelleflex’s new CMR-6100 cellular reader and data services are a remarkable advancement in condition monitoring of fresh, frozen and packaged foods – as well as pharmaceuticals,” said Jack Sparn, CIO of iGPS, a provider of intelligent, cost-efficient pallet-based shipping solutions and an Intelleflex partner. “In

Supply Chain Design Software 92

Supply Chain Design Software Demand Planning Software Supply Chain Network Software Modeling Software 92

Global Trade Management

NOVEMBER 25, 2007

That was the message of a panel of experts on perishables shipping Wednesday at the AirCargo Americas Conference in Miami. • Disagreements over shipping practices within the industry itself. . • Disagreements over shipping practices within the industry itself. Wednesday, August 24, 2011 2:14:00 pm.

Cargo 40

Cargo Supply Chain Network Software Global Real-time Visibility 40

Global Trade Management

FEBRUARY 26, 2008

2 comments: peter. Just the opposite, Cadbury, recently announced that it is not shipping its famous chocolate Easter Eggs in boxes, but rather just using the foil wrapping. ► 2012. (1). Beijing-Hamburg freight service completes maiden j. by Arthur Radford) iPod® is a trademark of Apple Corporation.

Global 40

Global Optimal Sourcing Logistics Network Optimization Software Cargo 40

Global Trade Management

AUGUST 4, 2008

2 comments: custom clearance services. GLOBAL SHIPPING & LOGISTICS - Service provider of freight forwarding, custom clearance, shipping services, transportation, sea transportation, air transportation, India. Monday, August 27, 2012 12:02:00 pm. ► 2012. (1). by Arthur Radford). Stefan Reidy.

Global 40

Global Supply Chain Planning Software Cost Reduction Strategies Optimal Sourcing 40

Global Trade Management

FEBRUARY 7, 2008

Beijing-Hamburg freight service completes maiden journey. We have demonstrated that we can transport goods by rail between China and Germany safely, reliably and yet twice as fast as compared with ships," Bensel said. "At At the same time, we are considerably cheaper than air freight for many types of cargo." 2:13:00 pm.

Logistics Network Optimization Software 40

Logistics Network Optimization Software Freight Real-time Visibility Germany 40

Global Trade Management

JANUARY 26, 2014

The partners will jointly offer their customers a real-time monitoring solution for freight consignments, the two companies announced. Each customer specifies in advance which events he wants to be informed of - such as whether his container has been opened in shipping or is taking a route that differs from the one that was scheduled.

Cargo 40

Cargo Logistics Network Optimization Software Modeling Software Modeling 40