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Air Freight Explained: Calculating Costs and Price Trends

Freightos

International Air Freight Shipping: Definition. While 90% of everything is shipped by ocean, air connects the world faster, cutting China-US freight shipping time from 20-30 days by ocean to only 3 days by air cargo. International air freight and express freight shipments are not the same thing.

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Five Technology Trends That Will Change Global Freight

Freightos

Five Tech Trends That Will Change Freight. Recent product expansion includes electronics , apparel , food, detergent and diapers. VC ❤️ Freight Startups. In a decade’s time, freight will likely still be moved in containers and boxes on airplanes and ships. Moving data better means moving freight better.

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Revolutionizing Supply Chain Planning: The Power of Generative AI

Logility

For example, a prominent apparel retailer employs generative AI to optimize its inventory management. As an example, an international shipping company utilizes generative AI to optimize its global freight network.

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Initial Estimates of U.S. Holiday Spending- A Mixed Bag

Supply Chain Matters

From a goods category lens, sales of electronics and jewelry items reportedly declined on a year-over-year basis, along with certain apparel categories. Nike recent reporting of quarterly performance included the lowering of the apparel and shoes provider’s full year revenue forecast based on softer demand of sneakers and apparel.

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Ocean Freight Rates Slump as Apparel, Electronics Demand Weakens – The Wall Street Journal.

Operations and Supply Chain Management

Ocean Freight Rates Slump as Apparel, Electronics Demand Weakens Download the Wall Street Journal app here: WSJ. I thought you would be interested in the following story from The Wall Street Journal. – Bob

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Amazon supply chain management pushes retail to the limit

Kinaxis

Amazon is even entering the transportation space, signing agreements with the Air Transport Services Group and the Chinese government to enter into the freight cargo business – effectively cutting out the middleman. Amazon makes up about 7% of the US apparel market, and according to reports , that figure could increase to 19% by 2020.

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This Week in Logistics News (June 25 – July 1)

Logistics Viewpoints

US port backups are extending into freight rail supply chains. Port bottlenecks that have tied up US supply chains are spreading from the docks to the country’s freight rail networks , raising costs and adding new shipping complications for importers trying to manage the flow of goods. Amazon plans two Prime shopping events this year.