Freightos

APRIL 15, 2024

More Resources Home The Red Pill: The (Slow Yet Steady) Revolution in Global Freight Digitization Eytan Buchman April 15, 2024 Dive deeper into freight data that matters Learn More The March 26th Francis Scott Key Bridge allision feels shocking. He’s obsessed with marketing, data storytelling (it’s a thing!)

Freight 269

Freight Logistics Network Optimization Software Global Supply Chain Network Software 269

Logistics Viewpoints

MARCH 29, 2024

In the early morning hours of April 26, at approximately 1:35am, a cargo ship leaving Baltimore Harbor struck the Francis Scott Key Bridge, triggering a catastrophic collapse of the 1.6-mile-long The end result of the loss of propulsion was the ship crashing into the bridge. mile-long span. An estimated 11.5

Prescriptive Analytics Software 251

Prescriptive Analytics Software Logistics Network Optimization Software Supply Chain Software Logistics 251

Freightos

FEBRUARY 28, 2022

Conversely in 2021 when rates were sky high, suddenly companies that had negotiated fixed rates couldn’t get their cargo on the ship without paying an extra premium surcharge. 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

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.)

Supply Chain Design Software 130

Supply Chain Design Software Shipping Logistics Network Optimization Software Forecasting Software 130

American Global Logistics

AUGUST 22, 2023

As we navigate the third quarter of 2023, it's time to examine air cargo's role in global commerce. Air cargo is now essential for global supply chains and offers many benefits for businesses worldwide. Air cargo refers to the transportation of goods via an air carrier, which may be charter or commercial.

Cargo 52

Cargo Sourcing Strategies Material Savings Logistics Network Optimization Software 52

Freightos

SEPTEMBER 26, 2023

More Resources Home September 26, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. Freightos Air Index data show Asia – N.

Asia 250

Asia Europe Freight Logistics Network Optimization Software 250

Freightos

OCTOBER 4, 2023

More Resources Home October 4, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. Europe weekly prices increased 6% to $3.94/kg.

Asia 177

Asia Europe America Cargo 177

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

Study Forecasting Software Freight Logistics Network Optimization Software 246

Freightos

JANUARY 15, 2024

In fact, the hard reality is that looking back over the past decade, supply chains have been disrupted by shipping bankruptcies, wars, pandemics, geopolitics and tariffs. They should monitor the evolving geopolitical situation and adjust their shipping strategies accordingly. Most of these are nearly impossible to plan for.

Negotiating Skills 292

Negotiating Skills Optimal Sourcing Price Reduction Vendor Strategies 292

Talking Logistics

FEBRUARY 11, 2016

The Regulation’s Impact on Ocean Shipping and Data Management. The revised Safety of Life at Sea (SOLAS) container weight verification requirement is a significant change in the ocean cargo supply chain. The Regulation and Data Management. The data acquired from one of these two methods will need to be shared.

Data Management 100

Data Management Supply Chain Planning Software Data Shipping 100

Logistics Viewpoints

JULY 28, 2021

There are a variety of external data streams that also play a role in providing better visibility and improved ETAs. Companies are partnering with data aggregators to get a better idea of when shipments will arrive. However, the nuances and granularity of the data will vary depending on the mode.

Real-time Visibility 247

Real-time Visibility Transportation Forecasting Software Predictive Analytics Software 247

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

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

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.

Shipping 306

Shipping Negotiating Skills Asia Yemen 306

Logistics Viewpoints

NOVEMBER 2, 2021

When you can barely see beyond the bow of the ship, when extreme wind and waves threaten to throw you off course – or worse, sink you – it’s understandable that long-term thinking can get chucked overboard like so much extra ballast. It’s an apt metaphor for ocean shipping these past many months. And the list goes on.

Supply Chain Planning Software 185

Supply Chain Planning Software Supply Chain Design Software Scenario Planning Modeling Software 185

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. Globally, schedule reliability in ocean shipping is at the lowest we’ve ever seen. Air Shipping.

Shipping 94

Shipping Global Cargo Demand Planning Software 94

Logistics Viewpoints

JULY 13, 2022

Weather delays can affect shipping lanes, manufacturers face product shortages, demand continues to spike for certain products, containers are difficult to acquire, and the trucking industry faces a driver and capacity shortage, just to name a few. When we think of fraud in the supply chains, often we think about organized cargo theft.

Supply Chain Software 213

Supply Chain Software Supply Chain Supply and Demand Supply Chain Network Software 213

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

Logistics Viewpoints

MAY 26, 2023

Over the years, Amazon’s strategy to tackle counterfeit goods focused on providing data to law enforcement and taking aggressive enforcement actions against counterfeit sellers. Target’s inventories at the end of the last quarter were 16 percent lower than the same period a year ago and Walmart cut inventories in its U.S.

Negotiating Skills 202

Negotiating Skills Pricing Training Jordan Purchasing Training 202

GlobalTranz

APRIL 17, 2018

These giants have deep pockets, capable of offering low-cost, if not free, parcel shipping. However, that does not mean all shippers must face the challenges to ship parcel at their expense. If shippers charge to ship parcel, customers will simply go to Amazon. Negotiate Shipping Rates Like a Pro.

Material Savings 151

Material Savings Shipping Cost Reduction Strategies Negotiating Skills 151

The Logistics & Supply Chain Management Society

AUGUST 19, 2022

The ongoing impact of the pandemic brings greater challenges and obstacles with increased consumer demand, limited resources, shipping congestion, and labor shortages. Automation, cargo tracking, robotics, and remote fleet management are all examples of how IoT can be used to harness organizational data and gain insights into key processes.

Supply Chain Disruption 246

Supply Chain Disruption Optimal Sourcing Supply Chain Software Agile and Lean Supply Chain 246

The Logistics of Logistics

JULY 14, 2023

Faced with the challenge of limited data availability, he co-founded Vizion, an API-first solution empowering cargo owners, freight forwarders, and software providers to achieve true supply chain visibility by tracking ocean freight in near real-time. With data refreshed multiple times daily, latency is reduced to 6 hours or less.

Container Tracking 195

Container Tracking Rail Software Real-time Visibility Supply Chain Design Software 195

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

Purchasing Skills Shipping Logistics Network Optimization Software Supply Chain Planning Software 78

Supply Chain Game Changer

SEPTEMBER 20, 2022

transportation networks alone, according to the Bureau of Transportation Statistics, shippers are reevaluating their shipping strategies in dealing with large-scale shipping to take better advantage of a thriving global logistics marketplace. Opt For Off-Peak Shipping Services When Possible. What is their safety record?

Shipping 93

Shipping Expense Reduction Price Reduction Cost Reduction Strategies 93

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.

Shipping 75

Shipping Industrial Industry Los Angeles 75

Logistics Viewpoints

NOVEMBER 30, 2023

Cybercriminals are increasingly targeting this growing sector due to the large amounts of data stored in these systems and their potential value. This dependence on technology also makes the industry vulnerable to cyberattacks, which can disrupt operations, compromise sensitive data, and cause financial losses.

Warehousing 240

Warehousing Distribution Cost Reduction Strategies Vendor Strategies 240

The Logistics of Logistics

SEPTEMBER 11, 2023

The platform boasts a network of over 15,000 vetted drivers who own and operate their own vehicles, utilizing their time and excess cargo capacity to earn extra income. FRAYT has a network of over 15,000 vetted drivers who own and operate their own vehicles, utilizing their time and excess cargo capacity to earn extra income.

Negotiating Skills 264

Negotiating Skills Pricing Training Logistics Network Optimization Software Purchasing Training 264

ShipBob

FEBRUARY 12, 2024

At a time when cross-border commerce and shipping are booming, using multiple means of transport can complicate your operations and require the implementation of sophisticated shipping processes. That’s why many businesses outsource shipping to third-party logistics ( 3PL ) providers like ShipBob.

Rail Software 52

Rail Software Logistics Network Optimization Software Shipping Supply Chain Planning 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

The Logistics of Logistics

JUNE 21, 2023

He began his career in the South African Air Force and later spent more than a decade with the International Air Transport Association (IATA), where he held various leadership positions in South Africa, Spain, and the United States, including President of Cargo Network Services Corp., cargo subsidiary. IATA’s U.S.

South Africa 208

South Africa Freight Logistics Network Optimization Software San Francisco 208

Intelligent Audit

APRIL 28, 2022

International parcel shipping and parcel carrier services were well on their way to becoming a driving force in the world’s economies before worldwide disruption and shutdowns threw the entire supply chain into disarray. Why Legal Protocols and Regulations Exist for International Shipping and Transportation. Cargo Liability.

Shipping 52

Shipping Supply Chain Planning Software Government Supply Chain Planning 52

Intelligent Audit

JULY 6, 2022

The most common reasons for damaged freight in transit are: Poor Packaging – While the trailer trucks of today have a smoother ride than old trucks, shipping companies must ensure that fragile items get packaged for any bumps in the road. Reducing the Financial Impact of Damaged Shipping. appeared first on Intelligent Audit.

Shipping 52

Shipping Purchasing Skills Expense Reduction Freight 52

Intelligent Audit

MARCH 9, 2022

Supply chain management is much more than simply organizing trucks and keeping track of cargo containers and pallets of goods. Transportation data and analytics are more vital than ever for protecting the domestic and global supply chain. What Is Data Security in the Supply Chain ? Why Data Security Is Valuable.

Security 52

Security Supply Chain Software Analytics Software Supply Chain Network Software 52

Intelligent Audit

NOVEMBER 30, 2021

The state of ocean freight continues to evolve in the wake of peak season, approaching holiday shipping deadlines , and ongoing disruptions. Why Invoicing Errors Are More Likely in Ocean Shipping. The next comes from the use of auditing and data to track performance. The rate as of November 20, 2020, was $2,375.

Cost Reduction Strategies 52

Cost Reduction Strategies Inventory Reduction Shipping Container Tracking 52

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. Consumer prices jumped 9.1%

Long Beach 223

Long Beach Los Angeles Logistics Network Optimization Software Logistics 223

Intelligent Audit

JUNE 30, 2022

But in the timeframe between 2020 to 2022, a volatile supply chain market showed the weakness in outdated, legacy supply chain execution built on rigid technology or lacking any accurate data that can improve overall decision-making. In many cases, the products shipped rely on many other supply chains to even get to that point.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Software Supply Chain Optimization Supply Chain Planning Software 52

Intelligent Audit

JANUARY 5, 2022

By learning about ways to minimize spending on pharmaceutical shipping, companies can better compete in the evolving market. . The State of Shipping Pharmaceuticals in the U.S. The demand for pharmaceuticals in tandem with all e-commerce demand means little available capacity and higher costs for pharmaceutical shipping.

Pharmaceutical 52

Pharmaceutical Material Savings Shipping Cost Reduction Strategies 52