Freightos

AUGUST 29, 2019

So, they broadened, rolling out new service offerings like guaranteed delivery times, booking commitments and improved shipment tracking. Automation also frees up more time to sell. Sales executives currently spend just 45% of their time on customer-facing activities. The Game Changed. The Technology Was Available.

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Freightos

SEPTEMBER 8, 2020

It’s hard to predict what demand will be like for products like these ahead of time. Just take a look at pricing fluctuations for Suntory’s Yamazaki 12 Year Old. As ocean carriers were just signing checks to build massive ships, the global financial crises hit and shipment volumes sunk like a Led Zeppelin. Enter COVID-19.

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Freightos

APRIL 27, 2023

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. In this article, Eytan Buchman, Freightos’ CMO, discusses the importance of data and context in global freight and logistics.

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Freightos

DECEMBER 20, 2022

The global economy has gone through an incredibly tumultuous time since 2020. From lockdown-induced purchasing highs, soaring logistics costs and supply chain snarls to waning demand, soaring inflation, and fears of recession – there has never been a dull moment. . This deserves more exploration. percentage point increase in the CPI rate.

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Freightos

JULY 22, 2021

But it’s not just demand. The Freightos Baltic Index spot rate to ship a forty foot container from Asia to the US West Coast in June was nearly $7,000, more than four times the price in May 2020 before consumer spending shifted 3. Rates may not go down until certain goods just get too expensive for consumers.”.

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Freightos

NOVEMBER 11, 2021

It’s rare for ocean liners like Maersk to live in the same category as tech giants like Amazon or Alibaba. But more blatantly than ever, container liners – and especially Maersk – are on a collision course with the tech companies that provide digital infrastructure for selling goods. Accelerating the shift. Behind the Maersk shift.

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Freightos

OCTOBER 18, 2017

As the cream of air cargo’s innovators held turns on the floor, this question came up time and again. Real-time resource scheduling that turns “supply chain” into “demand chain”. Other industries have reinvented themselves, or, like e-commerce, grown from nothing by doing just that. By Etan Efrati, Freightos.

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Freightos

JANUARY 3, 2024

This impacts more than just the one-way trip. Carriers are adding additional vessels to their rotations and are sailing faster to keep up with regular departure schedules in Asia, but the longer return trips will mean more time required to repatriate empty containers and could lead to shortages at Asian origin ports.

Shipping 306

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Freightos

MARCH 17, 2019

Just like streaming replaced that iPod as a better way of listening to music, ocean freight procurement now has a better way. Time to go with the stream. Time to go with the stream. Just like the analog tape when CDs were introduced, and CDs when hard drives appeared. Remember iPods? We never looked back. 10 rating).

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Freightos

AUGUST 31, 2016

But this story is more about a vision for a better future of freight, than just another acquisition. In many respects, this should be a good time for the logistics industry. For some time now, LogTech startups have taken the lead. An Industry On The Verge Of Change. The surest bet to escape this is technological innovation.

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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. That digital reach extended to importing as well. Coronavirus Impact. million freight containers each year.

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Freightos

MAY 17, 2016

But it’s not just drones. Giants like these are planning to extend their control further around the customer lifecycle, and further along the supply chain, so incumbents in just about every vertical should be wary. A Millenial born in 1984 was just 10 when Amazon was founded, and 18 when Facebook was founded.

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Freightos

APRIL 16, 2015

Mobile points of sale…and delivery : It’s not just cash registers. Mobile points of sale…and delivery : It’s not just cash registers. And yes, it’s not just size; technology plays a key role in keeping those ships operating. Augmented Reality : Google Glass is just the beginning.

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Freightos

JANUARY 8, 2019

As we enter a new year, it’s a great time to look back at how far we’ve come as an industry, set our next goalposts, and map out where we should be as an industry by 2020. Just look at how their assistance worked out for Toys “R” Us and Sears. But the road to true digitization is long and winding. They’re coming. Technology.

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Freightos

FEBRUARY 28, 2024

The integration of real-time data and analytics into contract structures is not just innovative—it’s becoming essential. It’s time for change. Traditional fixed-price contracts, once the bedrock of stability, are yielding to the pressures of market dynamism, unable to keep up with the factors impacting the markets.

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Freightos

JANUARY 16, 2024

The majority of container carriers continue to divert away from the Suez Canal while the safety threat persists, and demand is increasing with Lunar New Year just three weeks away. Blog " * " indicates required fields Email * Phone This field is for validation purposes and should be left unchanged. Europe – N.

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Freightos

JANUARY 10, 2024

At the same time, multiple nations have reportedly backed out or refused to publicly be included in the naval coalition now patrolling the area due to geopolitical considerations. Blog " * " indicates required fields Email * Comments This field is for validation purposes and should be left unchanged. Asia – N.

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Freightos

APRIL 12, 2016

Dragon is the name of the space cargo ship that just delivered 7,000 pounds of freight, including the inflatable room. We’re huge fans of innovation in the logistics space. As a result, the launch costs “only” $90 million (of which $200,000 went to fuel). “Where’s my inflatable room?” ” Ever heard that from a customer?

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Freightos

DECEMBER 4, 2015

And in many instances, it’s just plain good financial sense – reducing emissions can also reduce costs. Since joining the EPA SmartWay program in 2008, Penske Logistics has improved fuel economy by 5 percent, reduced idle time by 16 percent and lowered CO2 emissions on a gram/ton-mile basis by 24 percent. kg of carbon emissions.

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Freightos

JANUARY 28, 2016

A (short-term at least) solution for large forwarders to sustain growth path by acquiring assets, reach or just size. It’s a bad time to sell for scrap, so more ships are idle. 10 Controversial Freight Predictions For 2016. There’s been several great predictions for logistics in 2016. Still More Splurges On Mergers.

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Freightos

JANUARY 28, 2016

A (short-term at least) solution for large forwarders to sustain growth path by acquiring assets, reach or just size. It’s a bad time to sell for scrap, so more ships are idle. 10 Controversial Freight Predictions For 2016. There’s been several great predictions for logistics in 2016. Still More Splurges On Mergers.

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Freightos

DECEMBER 28, 2023

Longer transit times have disrupted schedules and have carriers and port operators rushing to revise arrival slot allocations in an attempt to avoid the “vessel bunching” of multiple ships arriving at once that was one driver of port congestion and delays at Europe’s major hubs during the pandemic.

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Freightos

NOVEMBER 7, 2023

Now, just five years later, we exceeded a rate of 1 million eBookings per year in Q3 2023, mostly airline eBookings. All of this deters adoption of the APIs which is ironic as they were designed to save time and money for the carrier. Time and money. But so far air freight and ocean freight have gone in different directions.

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Freightos

DECEMBER 19, 2023

Container diversions will take an extra 7-14 days in transit time depending on the lane, and mean a 15-20% increase in costs for carriers. So, shippers on affected lanes should expect longer lead times and higher freight rates until the Houthi threat is brought under control. Europe weekly prices increased 30% to $4.78/kg.

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Freightos

JULY 5, 2023

This rate is 84% lower than the same time last year. Though there are some reports of building backlogs , other measures show little signs of congestion just yet as carriers may be diverting cargo to alternate ports. Europe prices ticked up 2% last week to about $1,300/FEU, just below 2019 levels.

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Freightos

MARCH 23, 2016

The advent of cost-effective, outsourced suppliers and real-time supply chain data generated by public cloud architecture and wirelessly connected sensors create a kind of information overload. More advanced tools allowed business to transition and embrace a JIT (just in time) model where supply is driven by emerging demand.

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Freightos

APRIL 16, 2017

The pressure on companies’ logistics networks to drive out cost and time from the shipping process is greater than ever before. Yes, improving logistics is about improving the tactical, like better on-time deliveries performance or lowering shipping costs. This was unheard of in the industry less than a decade ago.

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Freightos

JANUARY 25, 2024

So to put this into context and understand just what it means for Freightos – and for the industry at large – I sat down with Zvi Schreiber, Freightos’ CEO, to understand the significance. They each maintain just one single integration to the WebCargo by Freightos platform. What we have built is repeatable.

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Freightos

FEBRUARY 25, 2015

At the time it was called a much less sexy “stereolithography.” Prior to the container, general cargo was a general mess, requiring a veritable Tetris game every time a ship was loaded. This set the stage for Lean Manufacturing and the Just-In-Time supply chain. Technology is changing. By 2013, over 33.7

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Freightos

JUNE 16, 2016

From parking in well‐lit areas to locking the truck any time they step out of it, these must be followed at all times. Asset tracking places a tracking device on important mobile assets, trailers or freight, so you have real‐time data about where assets are and where they’re heading. 5 Tips For Keeping Your Freight Safe.

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Freightos

MARCH 31, 2016

At the time, the predictions seemed unreal. Over 50% of logistics professionals agree that ocean freight is unprofitable or just breaking even. Want to know the future? But 2016 marks the halfway point and it seems that the predictions were on the mark. Businesses that will thrive will be those ready to change their business processes.

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Freightos

JANUARY 3, 2024

The longer voyages for diverted services mean longer lead times for importers and some threat of port congestion if updated schedules can’t be maintained and multiple vessels arrive at once, though so far there have not been reports of backlogs. Some carriers are shortening the “free time” N. Europe – N. Asia – N.

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Freightos

JULY 26, 2018

In other words, last month’s announcement was a stay of execution, not a reprieve, and it’s only a matter of time before Amazon reveal plans for a comprehensive logistics network. In his 2017 annual shareholder letter , Bezos lauded “divinely discontent” customers as innovation drivers. You cannot rest on your laurels in this world.

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Freightos

OCTOBER 11, 2015

These are our top digital tools that make life easier for logistics professionals, from sales teams, operations teams and transportation managers to just about any freight professional. What if you knew relevant news about every customer and prospect in real-time? Technology is nothing. Steve Jobs. Trying to close a deal?

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Freightos

MARCH 23, 2023

What just happened??? As volumes and congestion have eased though, Sea Intelligence data shows that reliability is improving (though with about 50% of ships arriving on time, things are still not great compared the 80% pre-pandemic norm) and utilization levels are back to pre-pandemic levels which in turn are driving the decrease in rates.

Price Reduction 156

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Freightos

JUNE 21, 2023

This rate is 85% lower than the same time last year. Judah Levine June 21, 2023 Unbox your Freight knowledge. Asia-US East Coast prices ( FBX03 Weekly ) decreased 5% to $2,487/FEU , and are 79% lower than rates for this week last year.

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Freightos

JANUARY 26, 2023

We’re just getting started. Bookings on our platform are growing fast and consistently, but turning our growing transaction volume into massive revenue and profit will take time. Over time I believe we can build a very large, profitable company and bring you great returns. Not many startups ever get to become public companies.

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