Freightos

FEBRUARY 28, 2022

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). We refined our data, limiting it to actual pricing used by logistics service providers to ship containers, to ensure validity.

Negotiating Skills 177

Negotiating Skills Shipping Price Reduction Supply Chain Planning 177

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.

Logistics 156

Logistics Cargo Comparison Freight 156

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 395

Global Supply Chain Price Reduction Supply and Demand 395

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

Forecasting Cargo Forecasting Software Logistics Network Optimization Software 52

Logistics Viewpoints

MAY 23, 2022

The world’s fleet consists of approximately 6,000 ships. These ships carried nearly 150 million twenty-foot equivalent units (TEUs) of containers last year. Last October, over 100 ships, including 70 container ships, were waiting at anchor or in drift zones to unload at the twin ports of Los Angeles and Long Beach.

Rail Software 216

Rail Software Supply Chain Visibility Real-time Visibility Supply Chain Planning Software 216

American Global Logistics

AUGUST 1, 2023

An Insider's Look at the Current State and Future Trends of Global Trade Introduction to Ocean Shipping in 2023 Ocean shipping plays a vital role in the global trade landscape. The sheer scale and efficiency of ocean shipping have made it an indispensable component of the global supply chain.

Shipping 52

Shipping Global Supply Chain Design Software Optimization Software 52

Logistics Viewpoints

JUNE 2, 2023

manufacturers re-evaluating their reliance on China. manufacturers re-evaluating their reliance on China. Executives are plotting alternate supply chains or devising products that can be made elsewhere should China’s hundreds of thousands of factories become inaccessible. Walmart SWW currently offers FedEx and USPS shipping.

Logistics Network Optimization Software 176

Logistics Network Optimization Software Saudi Arabia Supply Chain Planning Software Logistics 176

Logistics Viewpoints

MAY 26, 2023

across the EU, and in China. 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). This resulted in meaningful cost savings for our last mile delivery program overall,” he added.

Negotiating Skills 202

Negotiating Skills Pricing Training Jordan Purchasing Training 202

Logistics Bureau

APRIL 2, 2020

China says almost all of its major industrial companies have resumed production and that its ports are again running at near-full capacity after a two-month Coronavirus-linked shutdown. In China, a Two-month Lockdown begins to Ease. As China ramps up production, the pressure is being placed on available air freight capacity.

China 53

China Los Angeles Europe Australia 53

Freightos

OCTOBER 25, 2023

Air rates – Freightos Air Index China – N. kg China – N. But, industry-wide, ships with a total capacity of more than a million TEU are already idled , and some analysts are predicting that capacity growth will outstrip volume growth at least through 2024. Europe prices (FBX11 Weekly) increased 3% to $978/FEU.

Asia 177

Asia Europe Price Reduction Freight 177

Freightos

APRIL 2, 2020

FreightRight is a small freight forwarder based in LA that has been posting value news updates, first from on the ground sources in China, and now with a good feel for what’s going on in air cargo, with a focus on how these developments are affecting SMBs and Amazon sellers.

Resources 198

Resources Agile and Lean Supply Chain Supply Chain Software Supply Chain 198

Logistics Viewpoints

MARCH 3, 2023

In contrast, the larger Amazon warehouses typically rely on delivery stations closer to customers for the final stage of shipping. Amazon’s fast-shipping service can add fees for small orders. The air cargo industry has seen softer market rates due to increased capacity and shippers flocking back to ocean freight services.

Logistics Network Optimization Software 200

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software Cost Reduction Strategies 200

Shipchain

AUGUST 12, 2020

That said, in the midst of all of this instability, cargo crime is on the rise due to the current disruption in global supply chains. . Interestingly enough, since the start of the pandemic, cargo theft has fallen off as much as 85%, according to Alex Lennane at The Loadstar.

Cargo 81

Cargo Supply Chain Software New Zealand Australia 81

Freightos

FEBRUARY 16, 2020

The two recent crises in global trade – the outbreak and the US-China trade war – show how vulnerable small and medium size businesses (SMBs) can be to shocks to the supply chain, but also point to ways to mitigate that risk. The (Digital) Rise of SMBs. Coronavirus Impact. million freight containers each year.

Purchasing Skills 177

Purchasing Skills Supply Chain Software Price Reduction Manufacturing Procurement 177

Talking Logistics

MAY 3, 2017

Robinson , shares four factors logistics executives should keep top of mind as they develop an overall strategy for negotiating with ocean shipping providers this year. The 2017-18 ocean shipping contract season is underway. The bankruptcy of the Hanjin shipping line has thrown ports and retailers around the world into confusion.

Negotiating Skills 0

Negotiating Skills Shipping Price Reduction Cost Reduction Strategies 0

The Logistics & Supply Chain Management Society

JANUARY 3, 2024

The number of alternative and dual-fuel propelled container ship orders out numbers the traditional ICE only engines for new ship orders. Aeronautics engineering innovation is sadly only paddling forward in comparison to the ship building industry. This is big money and infrastructure is working to accompany the change.

Purchasing Skills 130

Purchasing Skills Singapore Price Reduction Cost Reduction Strategies 130

GlobalTranz

APRIL 26, 2016

As a logistics service provider, focusing on over-the-road surface transportation management solutions via technology and managed transportation services, we find the following information on the history of shipping containers of great significance to the logistics and supply chain community at large. Readers' choice! Significance.

Shipping 120

Shipping Logistics Network Optimization Software Supply Chain Design Software Modeling Software 120

Logistics Viewpoints

JULY 15, 2022

Well, the Environmental Protection Agency states that this species “ was introduced into the United States in the mid-1990s, possibly stowing away in a shipping container.” Prior to this insight I thought there was no downside to the benefits brought to shipping from the standardized shipping container.

Long Beach 223

Long Beach Los Angeles Logistics Network Optimization Software Logistics 223

Logistics Viewpoints

MAY 20, 2022

Autonomous cargo ship completes 500-mile voyage. In our last piece of autonomous vehicle news, the “world’s first” autonomous commercial cargo ship has successfully completed a near-500-mile voyage in the congested waters of Tokyo Bay, traveling without human intervention for 99 percent of the trip.

Logistics Network Optimization Software 197

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software Supply Chain Network Software 197

Freightos

APRIL 9, 2024

Air rates – Freightos Air Index China – N. kg China – N. Crews began the on-water removal of containers from the still-stuck Dali , as one necessary step in clearing the ship from the collision site. Another driver of improved air cargo volumes is growing demand for B2C eCommerce out of China.

Baltimore 277

Baltimore Asia Panama Europe 277

Operations and Supply Chain Management

JANUARY 25, 2021

An ‘aggressive’ fight over containers is causing shipping costs to rocket by 300%. Shipping costs have skyrocketed as desperate companies wait weeks for containers and pay premium rates to get them, according to industry watchers. Compared with last March’s low prices, freight rates from China to the U.S. KEY POINTS.

Examples 59

Examples Shipping Singapore Asia 59

CH Robinson Transportfolio

JUNE 29, 2020

Exporting PPE from China. Over the past several months, China has been the main source for PPE. China has recently implemented three key policies that relate to PPE exporting. And due to the nature of the shipping industry, these regulations can change quickly—especially for medical grade equipment.

Shipping 56

Shipping Manufacturing Procurement Cost Reduction Strategies Canada 56

CH Robinson Transportfolio

MARCH 5, 2020

With the main focus on maximizing time and cost efficiencies, cargo risk management is often skipped over despite being a critical step in protecting your company. . The risk of delays and lost cargo are real. What risk does your cargo face? Cargo insurance helps avoid additional vulnerability that you can’t afford.

Risk Management 44

Risk Management Cargo Purchasing Training Transportation 44

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

Panama Modeling Supply Chain Planning Software Supply Chain Optimization 62

Freightos

APRIL 2, 2024

Air rates – Freightos Air Index China – N. China – N. In air cargo, volumes out of China were strong in late March driven by B2C eCommerce growth, though Freightos Air Index China export rates dipped somewhat to $4.23/kg Europe prices(FBX11 Weekly) increased 2% to $3,258/FEU. Europe – N.

Baltimore 264

Baltimore Asia Europe New York 264

3PL Insights

SEPTEMBER 12, 2016

Global Shipping Effects of the Hanjin Bankruptcy. Hanjin Shipping, a South Korean company and the seventh largest container shipper in the world, filed for bankruptcy on Wednesday, August 31, 2016, which has prompted significant questions and confusion around the world as to how this will affect global shipping.

Shipping 69

Shipping Cargo Panama Forecasting 69

Turvo

OCTOBER 5, 2021

What’s in this article : A crisis that is affecting the world economy – record-high shipping rates. A problem also linked to shipping companies. Record-high shipping rates are affecting the world economy. Fewer ships in operation . The role of shipping companies. What happened to the containers?

Capacity 66

Capacity Negotiating Skills Asia Price Reduction 66

Intelligent Audit

MAY 21, 2020

As the COVID-19 pandemic developed, global shipping has seen disruptions across the board. Not only have they affected shipping times but capacity – particularly air cargo capacity – has become limited as well. China (Parcel). China (Freight). Hong Kong SAR, China. China (Parcel).

Philippines 95

Philippines China Freight Capacity 95

Logistics Viewpoints

JULY 10, 2023

The International Maritime Organization (IMO) adopted tougher greenhouse gas emission targets for the global shipping industry on Friday. The IMO is a United Nations agency responsible for creating a regulatory framework for the global shipping industry. This is a practice where a ship uses a state’s flag without its knowledge.

Marshall Islands 166

Marshall Islands Shipping Liberia Expense Reduction 166

QAD

JULY 16, 2020

With its GDP of $9.474 trillion as of 2017, India is the third-largest economy in the world, behind China and the US. India has 253 airports with paved runways and most are able to support cargo traffic. Coupled with its favorable location in Asia, the strong air support makes shipping products in or out of India easy.

India 125

India Saudi Arabia Burma UAE 125

Operations and Supply Chain Management

JUNE 5, 2023

Dockworkers Throttle Ports; Shedding Warehouse Space; China Plus Many By Paul Page International operations at the Port of Oakland, shown in March, were effectively shut down on Friday. PHOTO: JUSTIN SULLIVAN/GETTY IMAGES A new wave of job actions is casting uncertainty over imports at U.S. West Coast ports.

Supply Chain Disruption 52

Supply Chain Disruption Oakland Seattle Supply Chain 52

ThroughPut

DECEMBER 3, 2019

You can’t just turn around a giant cargo ship. And when shipping to volatile countries, it becomes even harder. companies with global operations, one of the most effective ways to mitigate risk is to ship smarter. Once cargo has shipped, there are no “backsies.” Shipping Overseas.

Material Savings 52

Material Savings Manufacturing Procurement Shipping Saudi Arabia 52

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

Supply Chain Brain

FEBRUARY 13, 2024

Air cargo is an unsung hero of the global economy. In the pandemic, air cargo brought medical supplies and vaccines to where they were needed. And today it is providing a vital transport alternative for some products as Red Sea shipping lanes face geopolitical uncertainty.

Cargo 52

Cargo Sustainability China Transportation 52

SCMDOJO

MAY 13, 2022

Each year around 700 million TEUs are shipped across the world keeping global trade and businesses running and more than eighty percent of global goods trade volumes are carried by sea, with about a sixth of that volume in shipping containers. The hardest hit by the increase in rollovers were the Indian subcontinent and China.

Supply Chain Design Software 83

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Design 83

Freightos

NOVEMBER 7, 2023

Air rates – Freightos Air Index China – N. kg China – N. In terms of the impact of the upcoming restrictions, an average of about five of the very large container ships that account for a big share of transpacific container traffic to the East Coast pass through the larger, neopanamax, canal each day.

Negotiating Skills 285

Negotiating Skills Price Reduction Vendor Strategies Cost Reduction Strategies 285

Supply Chain Brain

OCTOBER 12, 2021

China’s week-long holiday has exacerbated congestion at two of the country’s busiest ports — Shanghai and Ningbo — where hundreds of cargo ships are waiting to berth.

Shipping 114

Shipping China Global Cargo 114