Freightos

NOVEMBER 11, 2021

The ”end” they refer to – whether it’s forwarding, fulfillment, or platforms for B2B or B2C sales – remains fairly ambiguous, spanning an acquisition of fashion logistics company HUUB in September 2021 to an investment in rapid fashion production company Unmade. Accelerating the shift. Image via StarAir.dk). Enter Big Tech.

Price Reduction 177

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Zipline Logistics

JANUARY 4, 2021

It was a tale of two freight markets during the past year due to the global pandemic that reshuffled consumption and commerce. We saw historic freight lows in the winter and early spring, followed by landmark highs in the summer and the remainder of the year. ” Expectations for the Trucking Market in 2021 .

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Freightos

OCTOBER 31, 2022

His Kickstarter campaign launched in January of 2021 and raised over $3 million dollars. . But then global freight kicked in. . It really got tricky when we hadover thousands of unitsin production and were starting to book freight and suddenly realized that the cost of freight was almost 4 or 5X what we had budgeted.

Supply Chain Planning Software 156

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Operations and Supply Chain Management

OCTOBER 18, 2021

Forecasting Shipping Delays; Cargo Swamps Airports; Alibaba’s Challenge. Freight heavyweight J.B. Hunt’s third-quarter earnings signal a strong market for freight operators, but increasingly restrained economic forecasts suggest clouds on the horizon. Sourcing Journal). By Paul Page. Photo: MARIO TAMA/GETTY IMAGES.

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The Logistics & Supply Chain Management Society

MARCH 14, 2023

Rates are now starting to stabilise and for ocean freight especially, we are seeing rates closer to pre-COVID levels. Freight procurement is the mainstay of any supply chain professional but price is not the be-all and end-all. What tools we can use to benchmark ocean freight and carriers’ service reliability?

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Resilinc

NOVEMBER 2, 2021

In the race to fill distribution centers and store shelves with inventory for the holidays, some of the world’s largest retailers and ecommerce sellers are jumping ahead of smaller competitors by chartering ships, shifting freight to air, re-rerouting inland shipments, and hiring more staff for distribution centers and other supply chain nodes.

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The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

IDC also forecasts that by 2023, 30 percent of Asian enterprises will ship freight using a SaaS-enabled platform, resulting in improved efficiencies in load matching and reduced shipping costs. Dynamic routing has empowered logistics providers to consider plans B, C and D, offering alternative options of ocean and air freight cargo.

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Zipline Logistics

MARCH 30, 2021

Following an unprecedented downturn, the freight market has posted an almost full calendar year of impressive growth spurred by demand from a few sectors of the domestic economy. The second half of the past quarter was highly atypical and posted freight volumes that vastly exceeded those generally seen during peak season.

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The Logistics & Supply Chain Management Society

APRIL 19, 2023

– How Logistics is Harnessing the Power of the Sun by Timothy Foote , Founder of Susymbio We all know that our sun’s power is the main energy source for life on Earth. It is not going to be a major source of reduction, but it pays for itself operationally over time regardless. The Green Corridor: Catching the Sun Light!

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SCMDOJO

MAY 13, 2022

The advent of containerization heralded a revolution in cargo handling techniques, the ramifications of which are still influencing maritime trade all over the world today. The Suez Canal, one of the most important waterways in the world, was accidentally blocked by MV Ever Given between March 23rd and 29th 2021.

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Cathy Roberson

SEPTEMBER 7, 2021

Expanding and shifting sourcing Earlier this year, a number of retailers told analysts that they had expanded their sourcing partners to diversify inventories and mitigate risks. Floor & Decor is one of the latest retailers to diversify its countries of origin by moving a large portion of sourcing out of China.

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Intelligent Audit

FEBRUARY 3, 2022

In freight auditing, freight audit advisors work with freight shippers to ensure that all charges are accurate and to prevent wasting money. With the volatility of 2021 still in mind and uncertainty heading into 2022, the whole industry feels a bit apprehensive. What Freight Auditing Is and Why It’s Important.

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CH Robinson Transportfolio

DECEMBER 15, 2021

2021 was a difficult year in global logistics due to ongoing volatility. For example, while it may not be feasible to transport 100% of your freight via air, air freight continues to be the fastest way to replenish inventory, so prioritizing specific freight can help keep cargo moving. In fact, C.H. Final Thoughts.

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Cathy Roberson

FEBRUARY 2, 2024

Despite acquiring Roadie in 2021 , UPS’ costs are too high, and they cannot compete profitably with new last-mile entrants, including gig platforms such as DoorDash and Instacart, which have partnered with retailers to provide same-day delivery services. e-commerce sales and 16% growth at Sam’s Club.

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Turvo

AUGUST 3, 2021

The shocks of early 2020 hit the freight management and logistics supply chain hard. The right technology can help freight managers see what’s going on throughout the chain. This is where logistics managers and freight controllers can use supply chain visibility and collaboration. Increased risk of freight cargo claims.

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Enterra Insights

JUNE 28, 2023

Just 14 years later, the first air cargo flight took place in 1910. He writes, “If you are a part of a very large, multinational corporation, there is great likelihood that there is a logistics department, a distribution center, a freight management function, a warehouse team, an inventory management organization, and a planning team.

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Supply Chain Matters

OCTOBER 10, 2023

In its reporting, Bloomberg indicated that Amazon has long practiced a strategy of taking stakes in business areas deemed a priority including a grocery chain, cargo airlines, EV powered parcel vans and others. will reportedly be one of the largest fully interoperable chassis pools in the U.S.,

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Cathy Roberson

MAY 31, 2022

from Q4 2021 to Q1 2022 due to higher general rate increases and fuel surcharges. points versus Q1 2021. In 2021, Ulta Beauty announced plans to build market fulfillment centers (MFCs) to supplement its existing distribution center network capacity and provide faster deliveries to stores and e-commerce customers in specific markets.

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The Logistics & Supply Chain Management Society

DECEMBER 21, 2021

This year the annual United Nations (UN) Climate Change Conference (COP26) was held at the SEC Centre in Glasgow, United Kingdom, from 31 October to 13 November 2021. came from trucks carrying cargo. “Even with all new Glasgow pledges for 2030, we will emit roughly twice as much in 2030 as required for 1.5 Most of this, 45.1

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Resilinc

AUGUST 30, 2023

Weight limits have also been adjusted, forcing some ships to unload and transport cargo to the other side of the canal via train—increasing transportation costs. In Germany, the Rhine River faces a historic low this year, preventing many vessels from moving cargo. The ACP also implemented “Condition 3” until September 2, 2023.

Panama 62

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Intelligent Audit

NOVEMBER 22, 2022

Despite carrier hopes of volume normalization as the market contracts in 2023, FreightWaves warns, “ 2023 is likely to be another year of sub-replacement level builds due to parts and components shortages as well as Europe’s struggles with sourcing energy to power vendor manufacturing site. ”. YoY Volume Lapses Worry Air Cargo Companies.

Turkey 52

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Cathy Roberson

JANUARY 9, 2023

of total retail sales, the same rate as in 2021. The startups are: Boomerang - Founded in 2021, Boomerang offers an online platform that manages end-to-end returns management powered by pickup. Catch my weekly column on air cargo, freight forwarding, and the express markets, and the occasional podcast on Air Cargo World.

Las Vegas 52

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AB&R

AUGUST 13, 2021

These pressures include ongoing semiconductor and raw materials shortages, as well as freighting price inflation. In fact, a reputable source told us that the cost of one freight container in 2021 is $10,000 – a 500% increase in price from 2020. For one manufacturer, price increases go into effect September 13, 2021.

Manufacturing Procurement 40

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Intelligent Audit

JUNE 30, 2022

A demand surge in the US-led to shortages in cargo space, shipping containers, and other equipment, leading to skyrocketing ocean freight prices.” Retail supply chain management and continued growth and recovery depend on freight analytics and applying data to the modern supply chain network. . billion tons.

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DocShipper Sourcing

OCTOBER 27, 2021

October 2021, has been full of news related to the international trade and globalization. Sourcing services. Many articles that we have selected are connected to international transportation.

Procurement 52

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The Logistics & Supply Chain Management Society

NOVEMBER 15, 2021

Shipping freight across the world is a complex matter. But what is even more complicated is freight billing and handling freight payments: what a cargo owner is initially quoted is often different from what he later is asked to pay. A 2021 Cargo Owners and freight forwarders survey, confirms this.

Study 246

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ToolsGroup

APRIL 1, 2022

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. Thanks to container prices rising as much as 600%, money that could be used for advertising went to freight companies instead. Source: Consultancy.UK.

Material Savings 207

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MIT Supply Chain

MAY 12, 2022

The operators contract with the port authority to move cargo through their terminals. Launched in April 2021, GoLocal provides delivery services for companies and “furthers the retailer’s strategy to build alternative revenue streams and profit pools.” Robinson , Convoy , Uber Freight , and FreightVerify.

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Kinaxis

JUNE 22, 2016

The idea of tubes whisking freight across the land at near-supersonic speeds smacks of an old-school image of the future. The CEO of the company behind the test (Hyperloop One) estimates that the system will be transporting cargo by 2019 and passengers by 2021.

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Supply Chain Matters

JUNE 21, 2022

economy through the lens of the logistics and transportation sector in terms of costs and implications to the economy during 2021. For 2021, U.S. trillion, representing 8 percent of the year 2021’s 23 trillion U.S. business logistics costs for 2021. . billion in 2021, an increase of 15.2 percent to $1.85

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Supply Chain Matters

JUNE 23, 2023

Last year we noted that the out of sync theme was refreshingly more candid in depicting the challenges and ills of the logistics and transportation services sector and the need for new thinking and added emphasis on shipper and cargo holder value and service’s needs. percent in 2021 and 7.9 BLC was reported as 8.3 percent in 2020.

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GlobalTranz

AUGUST 15, 2018

For example, DHL analyzes 58 different parameters of internal data to create a machine learning model for air freight. Rather than subjective guesswork, this method allows freight forwarders to predict if the average daily transit time is expected to rise or fall up to a week in advance. billion by the end of 2021.

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Enterra Insights

FEBRUARY 11, 2021

Running over top of existing infrastructure and systems, a bot copies data from one source and pastes it into another. … They can also work in conjunction with AI-based intelligent routing systems that coordinate between multiple logistics partners, such as road freight, cargo ships and air freight.”

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Supply Chain Game Changer

OCTOBER 19, 2021

While these may be short term measures it does raise the strategic question as to whether companies should in-source their logistics and continue to charter ships. Costco, Walmart, Home Depot, Ikea, and Target are among the many companies who are also chartering private cargo ships just for the privilege of moving their goods.

Sourcing Strategies 90

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Intelligent Audit

JANUARY 5, 2022

Association for Accessible Medications (AAM) reported in 2021 that a “survey of AAM’s generic and biosimilar drug manufacturers revealed that travel and transport costs have skyrocketed 224% on average, with at least one manufacturer reporting as much as a 413% increase in shipping expenses compared to the same costs before the crisis.”

Pharmaceutical 52

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Supply Chain Matters

JANUARY 17, 2023

In Part Two of this blog series , we provided highlights our third prediction, that supply chain management teams will continue to exercise more direct control of direct materials sourcing, and these efforts will be a prominent element of business strategy for CSCO ’s and CPO ’s this year. Prediction Background. Prediction Implications.

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Logistics Viewpoints

JANUARY 20, 2023

It was priced at $12 a year for some time, though the company increased its pricing to $18 in December 2021. In September 2022, Macy’s rolled out its first-ever wood-sourcing policy for its furniture sales after more than 150 years in business. It requires the use of responsibly sourced wood or recycled or reclaimed materials.

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