Freightos

JANUARY 3, 2024

More Resources Home Red Sea and Suez Canal Shipping Crisis Update Judah Levine Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Even with an international naval force in place, Houthi attacks on commercial vessels in the Red Sea continue.

Shipping 304

Shipping Negotiating Skills Asia Yemen 304

Supply Chain Matters

NOVEMBER 7, 2023

Supply Chain Matters provides highlights of the realities of higher number of vessels among global ocean container shipping lines meeting contracting shipping demand levels that are now leading to headcount and schedule reductions. Background Ocean container shipping and logistics are the lifeblood of global supply chain movements.

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Logistics Viewpoints

MAY 8, 2024

In March 2024, the Joint Office of Energy and Transportation released the National Zero-Emission Freight Corridor Strategy , which aims to decarbonize and advance zero-emission freight along the United States main shipping corridors. Through the U.S.

Cost Reduction Strategies 234

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Supply Chain Matters

NOVEMBER 14, 2023

Rivian Automotive is now free to sell its EV parcel vans to other parcel carriers, and added reinforcement from multiple ocean container shipping carriers that the existing industry volume declines could extend for two to three years. production worker hourly wages starting in January 2024.

Supply Chain Design Software 52

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CH Robinson Transportfolio

AUGUST 27, 2020

After an extremely volatile first half of the year, the challenges in the air freight market look set to continue into 2021, requiring both foresight and forward planning from businesses. A turbulent six months for air freight. This caused an overheated market, with the price of air freight increasing by as much as 400%.

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Freightos

DECEMBER 19, 2023

More Resources Home December 19, 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. Europe weekly prices increased 30% to $4.78/kg.

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Logistics Viewpoints

AUGUST 19, 2022

For merchants using FBA, Amazon handles the process of picking, packing, and shipping items. The delays caused Aurora to revise its expectations for producing road-ready trucks until the first half of 2024. percent in 2021 to $1.855 per mile, the highest on record. Leading contributors to this increase were fuel (35.4

Logistics Network Optimization Software 202

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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. 2021: 1,608,000 Amazon Employees New hires: However, in 2022, they employed over 1.5 Sales by Region/Country: North America is likely the biggest contributor (395.64

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Operations and Supply Chain Management

FEBRUARY 17, 2022

Rickenbacker International Airport was a bustling hub for air freight well before the pandemic—a day’s truck drive to half of the U.S. The former wartime airbase handled a record 1,655 international cargo arrivals in 2021, a 73% jump from 2019, and overall tonnage rose 18%. International freight being unloaded at Rickenbacker airport.

America 52

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Logistics Viewpoints

APRIL 30, 2021

Applications are due by July 2021, with the program looking to reduce deforestation between 2022 and 2026. Part of this plan is to speed up its supply chain, primarily with a $100 million distribution center in Hendricks County, creating up to 500 jobs by the end of 2024.

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ToolsGroup

AUGUST 1, 2022

Department of Commerce International Trade Commission , the percentage of retail sales sourced from ecommerce is predicted to increase into 2024–well beyond the lockdowns that caused the initial rise in ecommerce spend. Another NRF report showed that online sales comprised 23% of all retail sales in 2021. Image source: Shipping Easy.

Retail 296

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Supply Chain Matters

DECEMBER 28, 2023

percent increase reported for 2021. When carriers and services providers report there operational volume and financial performance that spans this year’s holiday period, we will be watchful as to whether added freight and surcharge rates drove additional revenues vs. offsetting shipping volume decreases or idled capacity costs.

Forecasting 52

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Resilinc

AUGUST 30, 2023

Two weeks ago, 160 ships were stuck waiting to pass through the canal, carrying everything from auto parts, Barbie dolls, and diabetes test kits, according to Reuters. Some ships were delayed by as much as 21 days. 55 to 125 million gallons per ship, depending on size—to move ships through the canal.

Panama 62

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Intelligent Audit

DECEMBER 12, 2022

This, along with container shortages, drove up ocean freight spot rates and caused sporadic export delays. By the end of 2021, bottlenecks at ports stretched into the Pacific Ocean. Over 100 ships waited to unload containers in December at Los Angeles and Long Beach, the U.S. How is Inflation affecting freight rates?

Cost Reduction Strategies 52

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Intelligent Audit

NOVEMBER 22, 2022

As Niall van de Wouw, Chief Air Freight Officer at Xeneta, told Supply Chain Dive, “We are six weeks away from Christmas, and there is no indication there will be a peak.”. 9, Supply Chain Dive published the thoughts of four ocean shipping industry leaders in response to the question, “ What should ocean shippers expect this peak season?

Turkey 52

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Supply Chain Matters

APRIL 4, 2024

The software and managed services of this provider were augmented with the acquisition of New South Wales based Pegasus in 2021. © Copyright 2024, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog. Founded in 2003, Utah based Avetta has reportedly deployed by 500 clients located in more than 130 countries.

Supply Chain Design Software 40

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ModusLink Corporation

DECEMBER 13, 2022

Carrier rates are declining across the board, and Seatrade Maritime News reported an “expected trough of freight rates to mid-2023 from 2024 with a lower demand forecast and a higher than expected effective capacity increase due to the unwinding of congestion. Container shipping to hit bottom in mid-2023, forecasts HSBC.

Agile and Lean Supply Chain 78

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Proxima

OCTOBER 24, 2023

Fueled by Covid, war, and supply shortages, inflation rates across key global markets including the UK and US have remained over the 2% target rate since April 2021, peaking at 11% and 9% respectively, in 2022. But what goes up, must eventually come down. The challenge is in prioritizing the opportunity so it doesn’t pass you by.

Negotiating Skills 59

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The Logistics & Supply Chain Management Society

MARCH 22, 2022

How Shipping Can Help Save The Planet. But to be honest, the shipping industry is as much of a culprit. If we take a closer look, we can see that global aviation, including domestic and international; passenger and freight accounts for 2.5% First of all, the shipping industry today is enormous. Size Matters.

Expense Reduction 245

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ToolsGroup

APRIL 1, 2022

Increased Shipping Costs, Delays, and Transportation Issues. Dealing with the Shipping Container Crisis. In 2021, 87% of Americans were negatively impacted by the supply chain. In Fortune 500 earnings calls for Q3 of 2021, “supply chain” mentions were up 412% from Q3 in 2020. Material Handling & Logistics ).

Material Savings 207

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Intelligent Audit

JANUARY 24, 2023

Facing Falling Demand, FedEx Cuts Sunday Delivery Service In a concession to the realities of weakening demand for parcel shipping, delivery giant FedEx has announced plans to further cut Sunday delivery service. In the industry that’s always moving, here are the 11 headlines you need to know.

Vendor Strategies 52

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Freightos

MARCH 23, 2023

There were plenty of freight insights to take in over three days of sessions, meetings and conversations with carriers, forwarders and BCOs, but far too many to include all of them in a blog post that anyone might make it to the end of. What happens next?

Price Reduction 156

Price Reduction Industrial Industry Inventory Reduction 156

Logistics Viewpoints

OCTOBER 6, 2023

That’s a sharp reversal from 2021 and the first half of 2022, when UPS and FedEx – awash with volume from the early pandemic’s online shopping surge – rebuffed discount requests and cherry-picked the most profitable customers. And now on to this week’s logistics news.

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Logistics Viewpoints

MAY 19, 2023

Amazon has been focusing on a so-called “regionalization” effort to ship products to customers from warehouses closest to them rather than from another part of the country. Utilizing the 2021 bipartisan infrastructure package, the U.S. billion between 2022 and 2024. That said, U.S. has pledged $3.4 Mexico has pledged $1.5

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Stord

MAY 2, 2022

While the rest of the world adopts cloud technologies to help them break down silos and integrate communication, companies continue to use disparate applications and tools for managing orders, evaluating inventory, and shipping goods. Q1 2021 saw 39% year-over-year growth in US e-commerce sales. E-commerce is here to stay.

Supply Chain Planning Software 78

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Unleashed

JUNE 23, 2021

2021 has been a tumultuous year, marking a transition period from the chaos of 2020 through to the beginning of the post-Covid-19 recovery. Best practice inventory management – and the wider world of supply chain management – has played a big part in business survival through 2021. 10 inventory management for 2022: 1.

Inventory Management Software 80

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NC State SCRC

FEBRUARY 22, 2022

Freight demand and rates are escalating. Freight rates are going crazy…and this is really hard to comprehend: the producer price index for all types of freight transportation arrangement (TL brokerage, LTL brokerage, intermodal marketing companies, ocean freight forwarders, air freight forwarders, etc.)

Warehousing 52

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Logistics Viewpoints

MARCH 22, 2024

commercial truck fleet would require nearly $1 trillion in infrastructure investment alone, according to a new report from Roland Berger released today by the Clean Freight Coalition. The $2,500 spread between spot market rates and long-term freight contract rates for Asia to U.S. And now on to this week’s logistics news.

Logistics Network Optimization Software 228

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MIT Supply Chain

MAY 17, 2021

Traditional” reasons for shortages Freight carriers, shippers, and various researchers have lamented the mismatch between truck driver supply and demand for decades. On top of this disregard for their time, many drivers feel disrespected at freight pick-up and drop-off locations. Lack of respect. E-commerce exacerbates imbalances.

Modeling 52

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Logistics Viewpoints

MAY 10, 2024

It’s more than doubled the number of robots deployed in its fulfillment centers and warehouses in the last three years, from 350,000 in 2021 to 750,000 by last June. Since late last year, the Houthis have been attacking ships in the Red Sea, which cargo vessels from Asia have to travel through to reach the Suez Canal. 3 with $42.7

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Supply Chain Matters

DECEMBER 20, 2023

Supply Chain Matters alerts clients and readers to a potential replay of the 2021 disruption in global shipping and cascading supply chain disruption as a result of recent events. The cascading effects of the disruption reverberated among multiple industry supply chains and ocean container shipping schedules.

Global 52

Global Panama Asia 52

BR Williams Supply Chain Management

MARCH 10, 2023

We would like to share some insights on the general economy and freight market specifically with you: our customers, employees, business partners and community. While many economists warned of the inherent uncertainties of a market dependent upon new variables with very little historical precedent, few predicted the freight recession of 2022.

Freight 98

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Logistics Viewpoints

JANUARY 5, 2024

Later this month the nominees will be announced for the 2024 Oscars. It has forced ships to reroute around the southern tip of Africa, driving up the cost for vessels for the longer voyage, though rates are still far below pandemic levels reached in 2021. One category that has always been interesting is Best Adapted Screenplay.

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Logistics Viewpoints

APRIL 19, 2024

On February 4 at the 2024 Grammy Awards, Taylor Swift announced that she would be releasing a new album, which had secretly been in the works for two years. cargo imports in May could hit highest level since last October Transloading is heating up again Hundreds of cargo ships lost propulsion in U.S.

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