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Freight Market Intelligence: Data is crucial, but context is king

Freightos

In this article, Eytan Buchman, Freightos’ CMO, discusses the importance of data and context in global freight and logistics. The future of global freight data lies in real-time information, contextual insights, and aggregated data that can help companies make better decisions and adapt to a rapidly changing industry.

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This Week in Logistics News (November 25 – December 1)

Logistics Viewpoints

companies to import more from countries including India, Thailand and Vietnam. million km) using battery-electric vehicles hauling customer freight. Schneider says it began running the trucks to haul customer freight in January. Schneider National says it’s the first major carrier to rack up 1 million miles (1.6

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Added Evidence of Emerging Regionalization of Global Supply Networks

Supply Chain Matters

Locations that have benefitted from this sourcing shift are noted in the report as Vietnam and Mexico , the latter being a preferred nearshoring or friendshoring alternative. As an example, the authors point to Vietnam gaining ground in electronics, apparel and textiles, while Mexico has been increasing U.S. supply chain activity.

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Ocean Freight Performance in September 2021

Freight Plus

Vietnam is slowly opening back up but production will take time to ramp. Retailers such as Walmart, Home Depot, Ikea (who is also buying their own containers), Dollar Tree, and Costco (which will lease smaller charters through next year) have all chartered their own vessels to help combat severely supply chain constraints.

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Digitisation: Shifting Gears in 2021

The Logistics & Supply Chain Management Society

They immediately knew where they needed to take action, such as rerouting freight or adding new cross-docking facilities. An attendee poll at a recent conference of The European Freight and Logistics Forum hints at some cultural challenges. LogiSYM—Vietnam Digital 2020 – LogiSYM December/January 2021. A year of reflection.

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This Week in Logistics News (April15 – 20)

Logistics Viewpoints

GLOBAL TRADE NEWS Xeneta , an ocean and air freight rate benchmarking and market analytics platform provider, investigated how growing geopolitical divisions are manifesting in a shift away from manufacturing in China, and an increase in friendshoring. In percentage terms, Vietnam’s exports grew the most.

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Bringing It All Back Home – OTR TMS Supports Reversion to Regional Manufacturing

Supply Chain Collaborator

With trade wars and tariffs pinching operational profitability, manufacturers are looking at alternative locales like VietNam, India and, Mexico. Instead, these organizations would be able to move freight over the road, via rail and multimodal carriers. This strategy is not without its risks though.