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High freight costs for importers means higher price tags for consumers

Freightos

You might not think about shipping containers and ocean freight when you click “buy” on your Amazon order, but there’s a direct connection between the two. Starting in July 2020, the impact of this trend became obvious when ocean freight prices shot up, and have continued rising.

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What’s going on with global supply chains: A primer for the casual consumer

Freightos

Disclaimer: This article is a zoom out for the less freight-inclined. If you have a deeper understanding of freight, you might want to check out our Freightos Baltic Index daily container index instead. Let’s talk freight. . And it’s not just ocean freight. A third of all cargo is carried in passenger planes.

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Air Cargo is Gaining Momentum in 2023

American Global Logistics

Air freight has evolved dramatically, especially after the pandemic. As we navigate the third quarter of 2023, it's time to examine air cargo's role in global commerce. Since then, air freight has adapted to various market demands and technological advancements. In 2020, the global air cargo market was worth an estimated $287.4

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COVID’s Supply Chain Ripples: the SME Business Perspective

Freightos

Since early 2020, global trade has been buffeted by waves of increased customer demand, supply chain challenges, and constant uncertainty and volatility. Since early 2020, the supply chain ramifications of COVID have been a rollercoaster for businesses of all shapes and sizes. But then global freight kicked in. .

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The Impending Ocean Carrier War on Last Mile Fulfillment

Freightos

More on Maersk’s transition to an end-to-end provider can be found in this 2020 report. Late 2021 saw Maersk continue to shift towards vertical integrations, with acquisition of Senator, a German freight forwarder for $644 million dollars. While Facebook is looking at virtual reality, Alibaba and Amazon are looking more at freight.

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Freight Invoice Facts to Know About Errors

Intelligent Audit

Often, the general public’s view of freight transportation is similar. The Bureau of Transportation Statistics reported that, “Freight shipped across the U.S. from pre-pandemic February 2020 ($95.95B).” The Bureau of Transportation Statistics reported that, “Freight shipped across the U.S.

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CSR Initiatives in the Global Supply Chain

The Logistics & Supply Chain Management Society

In Malaysia, CEVA Logistics worked closely with L’Oréal , a major producer of luxury and consumer products, to develop a social initiative of providing jobs for the hearing impaired at our warehouse since June 2020. We also look to reduce or eliminate the use of plastic packaging. Photo Credit: United Airlines.