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The Approach to Effective Freight Procurement

The Logistics & Supply Chain Management Society

The Approach to Effective Freight Procurement by LSCMS Shippers’ Council Container shipping procurement faces a multitude of challenges shaped by global events, industry shifts, environmental mandates, and technological advancements. To thrive in this ever-evolving landscape, shippers must embrace a flexible and responsive approach.

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The Impact of Fast Fashion Giants On Air Cargo

Freightos

Following the post-COVID slump in 2022, global air cargo demand saw a recovery starting early 2023 with a notable 11% year-over-year increase in volumes from December 2023 through February 2024, according to IATA, with much of this rebound attributed to B2C e-commerce volumes. From Q3 2021 to early 2022, Freightos Air Index China-U.S.

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National Logistics Day 2023

Enterra Insights

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. Keep up the good work.

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Navigating Uncharted Waters: Out of the Fort and Into the Moat

Freightos

The Initial Hurdle: 2021’ Freight Fiasco During the COVID-19 pandemic, Conor from Fort Toys , like many other entrepreneurs, found himself dealing with skyrocketing demand… and skyrocketing freight costs. to 0.85 (Source: ShipBob ). One of the most prominent shifts has been sourcing patterns. The key takeaway?

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Scaling a FreightTech Business with Mark McEntire

The Logistics of Logistics

Mark joined Princeton TMX in September 2023. Mark’s 35 years in transportation and logistics includes 17 years of experience with Transplace (now Uber Freight), where he held the position of Sr. An experience that was built by freight practitioners for freight practitioners. Hunt Transport, Inc. and Penske Logistics.

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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. billion in 2023 to $81.15 billion in 2026.

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7 Top Supply Chain Trends to Know for 2023

ModusLink Corporation

With so much disruption fresh in mind, looking toward 2023 feels a bit more stable for every warehouse and distribution channel. However, the instability around the risk of recession remains, and knowing the top supply chain trends to watch in 2023 will help your organization prioritize operations and succeed.