Freightos

FEBRUARY 28, 2022

trillion dollars in 2021 , up 13% from 2019. The cost of importing a 40’ container from China to the United States West Coast grew 1,000% from $1,800 in 2019 to over $20,000 in September 2021 according to our Freightos Baltic Index (FBX). Accelerated by lockdowns and increases in the consumption of goods, global trade hit $28.5

Negotiating Skills 177

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Logistics Viewpoints

JANUARY 14, 2021

Whether shipping COVID-19 vaccines, test kits or ventilators ; office supplies; clothing; or groceries, some shippers rode thorough preparedness to a competitive advantage in 2020. Parcel shipping volume skyrocketed. These shifts led more fulfillment teams to identify and embrace emerging best practices as part of their 2021 planning.

Supply Chain Planning Software 216

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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.

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Logistics Viewpoints

JANUARY 19, 2024

In the past weeks, ocean freight rates have risen as much as $10,000 per 40-foot container, as container ships seeking to avoid the attacks embarked on long detours around the Cape of Good Hope in South Africa, diverting more than $200 billion of cargo away from the critical trade artery. And now on to this week’s logistics news.

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CH Robinson Transportfolio

AUGUST 17, 2021

Supply chain disruptions that consist of port and terminal congestion, shipping delays due to high cargo volumes, lack of labor due to Covid-19 and limited space have caused a myriad of challenges for shippers. Ocean Shipping. After mergers and consolidations, only 9 remain in 2021. Air Shipping.

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Freightos

JANUARY 15, 2024

This is a significant shift from late 2021, when 93% faced serious disruptions. This ensured that today’s partial blockage of the Suez Canal, while disruptive, is still far less impactful than its far more meme-worthy 2021 relative in which the Evergiven blocked the canal. He still likes Minidisc players and has never skied.

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Logistics Viewpoints

FEBRUARY 2, 2024

Amazon achieved its fastest-ever global shipping times last year but isn’t resting on its laurels. Congress established the program in 2021 through the BIL and dedicated $5 billion to the program over a five-year period. The big three US airlines saw their cargo revenues decline last year as rates and volumes came under pressure.

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The Logistics & Supply Chain Management Society

JUNE 14, 2023

5 Immediate Impacts of the Ocean Shipping Reform Act of 2022 By Nat Josef Just when it seemed like bipartisanship was going the way of the dinosaurs, Congress recently came together to pass the Ocean Shipping Reform Act of 2022, which President Biden signed into law on June 16th. Amy Klobuchar (D-Minn.) and John Thune (R-S.D.)

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Freightos

JUNE 15, 2021

You’ve seen the Suez Canal memes, you know furniture is taking way longer than usual to get to your door, and you may have even heard about Pelotons shipped by air to reduce delivery times. While the cure for COVID is well on its way, there is no vaccine for what’s afflicting container shipping. Credit: Lufthansa ). But that’s changed.

Global 397

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Enterra Insights

NOVEMBER 23, 2021

Much of the finger-pointing involved the movement of shipping containers into and out of port facilities. For the supply chain to work smoothly, a complex and highly choreographed dance, involving both full and empty shipping containers, must be performed. It used to take two days to get cargo off the docks. Now, it takes nine.

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ToolsGroup

NOVEMBER 23, 2021

The 2021 supply chain shortage is the story of our lives today, as the enormous bullwhip effect of COVID continues. Much of the world is clamoring for finished products from their usual suppliers; but dwindling cargo space, skyrocketing transportation costs, and component delays make it difficult to keep shelves stocked.

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Freightos

SEPTEMBER 14, 2022

The low rates that triggered Hanjin’s bankruptcy in 2017 quickly became a thing of the past, as surging demand, congestion, and a litany of global shipping catastrophes pushed ocean freight rates into the stratosphere. While high, the shipping costs typically paled in comparison to the lost sales due to inventory shortages. Signup Now.

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Turvo

DECEMBER 21, 2021

Going into 2021, supply networks were already dealing with rising demand, increasing port congestion, and production delays. Furthermore, port restrictions and the Ever Given being stranded in the Suez Canal for nearly a week slowed cargo movements and worsened congestion. How much has the obstruction cost? percentage points.

Pharmaceutical 82

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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 ).

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Intelligent Audit

JULY 29, 2021

As the delta variant provides an added layer of uncertainty throughout the world, experts frantically search for solutions as peak season shipping 2021 approaches. The second half of 2020 featured new growth and unprecedented demand in the world’s economy that has yet to slow and will continue to grow as peak season approaches in 2021.

Shipping 45

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Supply Chain Game Changer

SEPTEMBER 27, 2021

The requirements for plastic pallets for international shipping are quite different from domestic shipping. Hence, these standards affect the quality of the export shipping pallets. The ISPM-15 requires all wooden pallets, which are shipped internationally, to meet certain requirements, standards, and specifications.

Shipping 95

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Logistics Viewpoints

JUNE 3, 2022

Shipping companies added capacity, but now containers are stuck in port. Cargo losses escalate as thieves target cars, electronics. The Port of Oakland reported cargo in April dropped 7 percent compared to the same period a year ago due to factory and port shutdowns in China. And now on this week’s logistics news.

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The Logistics & Supply Chain Management Society

MARCH 16, 2021

The deadline is 30th April 2021 to submit the application to the Singapore Airport Police Division. KCR is a security measure to further enhance air cargo security on commercial aircrafts from global terrorist threat. This could impact shipping costs and cut off time needed to make the flight operations.”.

Singapore 162

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Supply Chain Game Changer

JUNE 17, 2021

International shipping industry article and permission to publish here provided by Daniel Choi. Even during the epidemic, the shipping industry’s significance in the value chain and the transportation of resources and goods worldwide was emphasized, probably most prominently. The Shipping Industry During Pandemic.

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Operations and Supply Chain Management

OCTOBER 18, 2021

Forecasting Shipping Delays; Cargo Swamps Airports; Alibaba’s Challenge. Emirates Airlines’ cargo operations at Dubai International Airport in February. The halt at a key regional trading point is the latest hit to expedited shipping operations that have been buffeted during the pandemic. ?. Trouble viewing this email?

Forecasting 52

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The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

In addition, we have taken several steps in the past few years to affect industry change, such as being an active member of the Clean Cargo Group and joining the Sustainable Air Freight Alliance (SAFA). LogiSYM Supply Chain Magazine – September 2021. Synopsis: GeTS Webinar 9th Sept 2021. Photo Credit: United Airlines.

Resource Reduction 242

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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. America East Coast peak of $22k/FEU.

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Logistics Viewpoints

SEPTEMBER 22, 2023

In a final piece of holiday news, USPS has said will not levy an extra delivery surcharge during the winter peak season, saying the decision makes USPS “the most affordable way to mail and ship this holiday season.” Although port volumes increased in August, demand remains lower as shippers continue to face excess inventory levels.

Los Angeles 222

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Logistics Viewpoints

MAY 26, 2023

Cargo ships lost 661 containers at sea in 2022, down from the 15-year average of 1,566 lost per year, according to the latest figures from the World Shipping Council (WSC). Some major ocean carriers have also announced new fees for goods shipped on the route as of June 1 in response to the canal restrictions.

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Supply Chain Game Changer

SEPTEMBER 17, 2021

Shipping products overseas article and permission to publish here provided by Claire Glassman. And for these things, international merchants need to know how to optimise global shipping processes. Why Engage In International Shipping? Fortunately, most global shipping processes have become streamlined with digitisation.

Shipping 91

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Supply Chain Game Changer

JUNE 23, 2021

The emergence of COVID-19 changed many things in the world of business, and transporting cargo is no exception. Since the entire pandemic exploded in 2020, air cargo charters expanded from serving niche markets to playing the role of an unsung hero in aid and relief. Top 5 Benefits of Air Cargo Charters. Reliability.

Cargo 57

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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. said Wednesday it has begun offering a service to handle returns.

Logistics Network Optimization Software 246

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Resilinc

MARCH 22, 2022

Our 2021 Annual Report is here! Covered topics included the supply chain tumult of 2021, trends affecting key commodities like aluminum, silicon, and cobalt, and the evolving risk landscape for reshoring, cybersecurity, ESG issues, and more. Download our 2021 Annual Report. The post Resilinc’s 2021 Annual Report is live!

Report 62

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ShipBob

JULY 14, 2022

While your customers can track their parcels from their smartphones down to the block the delivery truck is on, the best you can hope for is a phone call when the ship leaves port and one when it arrives on the other side of the world. Our ability to ship, store, and trade goods remains fragmented — and key logistics data remains siloed.

China 98

China Freight Shipping Modeling 98

ModusLink Corporation

NOVEMBER 23, 2022

Top View Cargo containers ship logistics transportation Container Ship Vessel Cargo Carrier. Managing cloud-based e-commerce platforms and global shipping logistics is a vital part of the process of overcoming cross-border challenges for online retailers.

Purchasing Skills 78

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Intelligent Audit

JANUARY 3, 2022

The beginning of 2021 started with hope on the horizon. Then, the whole year became marred by disruption after disruption, and shippers need to understand how the lessons learned from 2021 will be applicable in future strategies. As the megaship was transporting freight through the Suez Canal, winds in the area pushed the ship ajar.

Los Angeles 52

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3PL Insights

NOVEMBER 15, 2021

Amidst all of these stories of shortages and bottlenecks, we thought it would be helpful to explain the basics of shipping ocean freight. In this article, we will explain the shipping process, identify the different types of cargo, and show the benefits of ocean freight shipping. Types of Cargo.

Freight 98

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Logistics Viewpoints

FEBRUARY 4, 2022

Record robot orders in 2021. Airline group says global cargo volume grew 6.9 percent in 2021. FedEx President and Chief Operating Officer Raj Subramaniam said it’s part of an ongoing commitment to HBCUs, including a $5 million donation in 2021. US crackdown on forced China labor risks supply chain snarls.

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EnVista

MARCH 26, 2021

On Tuesday, March 23, 2021, a cargo ship became wedged in the Suez Canal near Suez, Egypt, halting marine traffic from one of the busiest waterways in the world. It is estimated the dislodgement could take anywhere from days to weeks.

Cargo 52

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Supply Chain Shaman

DECEMBER 30, 2021

Global shipping is national news with most stories covering the symptoms. The volume of ocean shipments grew two-fold in the past decade, and the price of an ocean shipment increased 9-10X from 2020-2021. Ocean carriers, struggling to make a profit for the past ten years, collectively will post 200 billion in profitability in 2021.

Supply Chain Design Software 424

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Logistics Viewpoints

JUNE 2, 2023

Walmart added new functionality that lets sellers purchase shipping labels for domestic orders on its marketplace. Ship with Walmart (SWW) was previously available only for cross-border orders. The feature is standard on other major marketplaces, offering sellers reduced shipping rates and integrating with their platforms.

Logistics Network Optimization Software 176

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Logistics Viewpoints

OCTOBER 27, 2021

The photos of the cargo ships at anchor waiting for berth at the ports of LA and Long Beach certainly generate an emotional response, “what in those containers will affect my work or personal consumption plans?” There were 12 days of ships sitting, waiting for berth. The LA and Long Beach Container Vessels.

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