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. Including, of course by leveraging global freight tech for BCOs. Uncertainty became the byword. Signup Now.

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Freightos

FEBRUARY 28, 2022

The financial impact of global trade has always been enormous but never more so than today. Accelerated by lockdowns and increases in the consumption of goods, global trade hit $28.5 It’s challenging to get fixed prices for global freight. We expanded to additional lanes, reaching 12 core trade lanes plus a global average.

Negotiating Skills 177

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Freightos

APRIL 6, 2020

It’s been clear to us that global trade needs to rely on digital pricing, quoting, and booking to keep up with an already agile environment. So when we got to thinking about how the Freightos Group can uphold our mission to make global trade frictionless during the pandemic, the answer was obvious.

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Freightos

JUNE 6, 2023

The following data is from a survey we conducted last month (May, 2023) across hundreds of small business importers who tap Freightos.com’s global freight marketplace. Here at Freightos, we’ve been tracking sentiment across small and midsize importers as they navigate the wave of COVID and the ensuing ripples. The key takeaway?

Manufacturing Procurement 248

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Freightos

DECEMBER 20, 2022

The global economy has gone through an incredibly tumultuous time since 2020. The sheer influx in demand, combined with the variety of supply chain stressors, also catapulted global freight to new levels of infamy (although none perhaps as famous as the Suez Canal blockage). Let’s start by taking a look at global ocean freight prices.

Purchasing Skills 156

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Freightos

FEBRUARY 16, 2020

The coronavirus outbreak has the whole global community concerned and hoping for the swift containment of this humanitarian crisis. . In addition to the terrible human cost, the virus is also sending ripples throughout the global supply chain. From 2000 to 2018 China’s global exports grew tenfold to $2.7 The Trade War Impact.

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Freightos

OCTOBER 31, 2022

Since early 2020, global trade has been buffeted by waves of increased customer demand, supply chain challenges, and constant uncertainty and volatility. But then global freight kicked in. . In other words, everyone has been paying for the global supply chain challenges.

Supply Chain Planning Software 156

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Freightos

JULY 22, 2021

Global freight, typically a behind the scenes actor that moves everything we eat, wear and use by air and ocean, may be a major culprit in rampant inflation. . – Robert Khachatryan, COO, Freight Right Global Logistics. Global Freight’s Contribution to Inflation. But it’s not just demand. Inflation Nation in 2021.

Shipping 157

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Freightos

MAY 13, 2019

Take into account their FBA warehouse footprint, NVOCC license, and SEC reports flagging forwarders as competition, and you have a solid reminder that Amazon is coming for global freight. Enter Global Logistics. And once it arrives in the US, using Amazon Global Logistics, of course. Amazon is doing everything right.

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Freightos

APRIL 2, 2020

Among freight forwarders (and other industry players) here are our top picks: Agility is a global logistics provider based in Kuwait and provides the most comprehensive updates page we’ve come across, broken down by region, country and mode and providing the latest developments on a regular basis. DHL Supply Chain & Global Forwarding.

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Freightos

SEPTEMBER 26, 2023

Carriers will seek to keep vessels full and prices from falling too much in the coming weeks through further blanked sailings and service suspensions – tasks that will only get more challenging as volumes ease and record levels of new capacity , about one vessel per day for the rest of the year, will continue to enter the global market.

Asia 250

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Freightos

JULY 26, 2018

Fulfillment and global logistics is increasingly a goal in and of itself. But two other angles spell out Amazon’s broader logistics play even clearer: Amazon’s global logistics footprint. The Global Logistics Footprint. And As For Global Freight…. In other words, if your shipping your own goods, you’re competition.

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Freightos

SEPTEMBER 20, 2023

For the year, global volumes are expected to decline by just 0.5% But with transpacific volumes projected to be above 2019 levels in October , the scale of these capacity reductions may be more a reflection of the overcapacity in the market caused by record fleet growth as new, often larger, vessels continue to be delivered.

Price Reduction 177

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Freightos

DECEMBER 2, 2021

So in January, as players across the global freight industry were discussing how to navigate higher freight rates, delays, and capacity shortages , Freightos.com, a global freight booking platform and part of the Freightos Group, reached out to our customers to find out how logistics disruptions are impacting them.

Price Reduction 177

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Freightos

NOVEMBER 11, 2021

For a forwarder, refraining from working with Maersk today is expensive because it removes 17% of global shipping capacity. Combined with more activity at their regional hub in Germany , Amazon has clearly become a major global cargo airline. Enter Big Tech. One goal, two different motivations. Amazon as a carrier.

Price Reduction 177

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Freightos

FEBRUARY 28, 2024

However, interestingly enough, in today’s global freight environment, shipping from China to Los Angeles by ocean freight and following that up with air cargo shipments to Europe may actually be a more viable route.

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Freightos

AUGUST 31, 2016

There’s unprecedented volumes of global shipments , growing international trade, more flexible supply chains, and easier sourcing than ever before (Alibaba, anyone?). More tellingly, both share the same mission – making global trade frictionless. Make global trade frictionless. An Industry On The Verge Of Change.

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Freightos

JANUARY 4, 2018

This is exactly where Maersk is headed, in their quest to become a global FCL integrator. In 2016, the top twenty global forwarders accounted for a 60% of the freight forwarding market. Simply put, Freightos is on a mission to power frictionless trade between the people of the world by bringing global shipping online.

Freight 137

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Freightos

MAY 26, 2015

We’ve rounded up our 10 favorite supply chain and logistics infographics and videos that paint a picture of the global supply chain. So here are 10,000 words that prove, beyond any doubt, just how vast the global supply chain is: 1: Global ship traffic…from space. 3: Live Global Map of Containers.

Video 120

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Freightos

NOVEMBER 21, 2018

Ecommerce’s impact has presented global forwarders with a tremendous opportunity, but also a challenge – to overcome smaller shippers’ traditionally higher cost to serve. Ecommerce also comes with a reputation as being a disruptive force , and most global forwarders would rather ride the wave than get dragged under.

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Freightos

MARCH 29, 2017

This was one of the things that ICV saw in Freightos: Freightos provides large global shippers with the transparency and information required to lower not only direct costs, but also, through Freightos’ carbon footprint calculator, indirect costs to the environment from the transportation modes and trade routes they choose. #2:

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Freightos

OCTOBER 31, 2023

In air cargo, there are signs that global volumes are increasing. On the industry level, overcapacity is estimated to peak next year, after which some carriers expect the market to balance out , while some analysts expect the market to be in some state of oversupply through 2028. Freightos Air Index China – N.

Price Reduction 156

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Freightos

JANUARY 4, 2018

This is exactly where Maersk is headed, in their quest to become a global FCL integrator. In 2016, the top twenty global forwarders accounted for a 60% of the freight forwarding market. Simply put, Freightos is on a mission to power frictionless trade between the people of the world by bringing global shipping online.

Freight 120

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Freightos

MARCH 8, 2021

After all, the global logistics market is gigantic – worth over 5.5 Our efforts to make global freight truly transparent and accessible for small businesses is the result of combining small, iterative experiments with larger, sweeping experiments. Sure, we’re working on digitizing that part of the experience, but it takes time.”

Logistics Network Optimization Software 177

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Freightos

JANUARY 12, 2017

Air cargo is used by global importers and exporters when they need to get goods somewhere rapidly and reliably. DHL Global Forwarding actually got started by taking ocean freight documents by air to expedite release along a new West Coast-Hawaii ocean line. In 2015, DHL Global Forwarding air freight revenue reached $5.4

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Freightos

OCTOBER 4, 2017

How Jack and Jeff Are Reshaping Global Retail. Alibaba just announced $15 billion dollars to be invested in its global logistics network. Digital channels may spell trouble for traditional retailers but it also represents evolution, giving Asian and Indian manufacturers a global reach. The Logistics of Fidget Spinners.

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Freightos

MAY 10, 2015

I threw in a healthy dose of interesting (globalization, shipping trends and the business of logistics), a dash of history (the evolution of longitude), a sprinkle of next generation manufacturing (lean manufacturing) and some great company success stories (FedEx, Walmart. Which so happens to drive global supply chains.

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Freightos

DECEMBER 19, 2023

Together with ZIM who was already diverting their Red Sea traffic, these carriers represent 56% of global capacity, meaning an estimated 17% of global volumes will be taking a longer, more expensive route from Asia around the southern coast of Africa to N.Europe and the Mediterranean, as well as some Asia – N.

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Freightos

MARCH 17, 2019

Global logistics providers have large teams working full-time on nothing else. This, of course, requires a reputable global freight index. Then getting that shipment onto the right sailing proved difficult for logistics providers, with 75% acknowledging having renegotiate or deviate from the BCO contract. 10 rating).

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Freightos

AUGUST 28, 2018

Most importantly, they unlocked global trade. As the oldest mode of global transportation, shipping has a history of tradition and aversion to change. Long before there were trucks, trains, and planes, there were ships. Ships transformed travel and warfare, enabling humans to see beyond their villages and into the world.

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Freightos

MARCH 23, 2016

Here at Freightos, we’re big fans of making global logistics work better by bringing data online (and especially instant freight quotes!). Companies able to manage this unchecked flow of data can gain an advantage on the competition and establish themselves as leaders in a global marketplace. Fundamental Feature. It makes sense.

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Freightos

DECEMBER 16, 2016

Alibaba and Amazon are shaping up for a global battle. Global expansion is a key priority for Amazon, as it consolidates the US market and continues to grow, putting it directly at odds with local markets. The Ecommerce Cold War – Jack and Jeff. In 2015, Amazon opened a storefront on Tmall , a website owned by Alibaba.

Shipping 120

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Freightos

FEBRUARY 25, 2015

East-West global trade is on the decline, being replaced by more complicated trade networks that merge seamlessly between developing and developed countries. Malcolm McLean’s idea of creating an intermodal container took off, as global trade expanded. Freight is changing. Routes are changing. Technology is changing.

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Freightos

JANUARY 16, 2018

Unlike other freight indexes, the Freightos International Freight Index (FIFI) uses aggregated and anonymized real-time business data from global carriers, forwarders and shippers on the Freightos AcceleRate freight rate management platform. About The Freightos International Freight Index.

Freight 192

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Freightos

AUGUST 26, 2015

consultation firm, runs four ‘Logistics Briefing’ newsletters: Global, Americas, Asia/Pacific and Mergers & Acquisitions. global fresh produce). The businessman’s news source of choice, global export and import volumes (as well as buying trendings) are key to informing supply chain professionals.

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Freightos

APRIL 24, 2018

The FBX is a headline index that tracks global container prices with one key indicator, backed by a suite of 12 regional indexes, all rebranded under the Freightos Baltic Index. We’ve chosen the Baltic Exchange as a strategic partner for our index, updated our core methodology, and are now launching the Freightos Baltic Index (FBX).

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Freightos

DECEMBER 4, 2015

Transportation ’s share of global emissions: 14%. International shipping share of global GHG emissions: 2.5% (cargo ships are 67% of the world’s fleet). The Global Green Freight Action Plan , the most directly related initiative, includes dozens of programs, active or under development.

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