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High freight costs for importers means higher price tags for consumers

Freightos

You might not think about shipping containers and ocean freight when you click “buy” on your Amazon order, but there’s a direct connection between the two. Starting in July 2020, the impact of this trend became obvious when ocean freight prices shot up, and have continued rising. What’s changed in a year?

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Supply Chain Normalcy? Think Again.

Supply Chain Shaman

In March 2023, the Global Supply Chain Pressure Index fell to the lowest level since November 2008. As consumer spending fell, the days of escalating ocean freight and extreme shipping variability eased this year. Build in-market sourcing. ” I feel like we are riding a gondola in the middle of an intense snowstorm.

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COP21 – Freight and Climate Change

Freightos

COP21, the Paris Climate change conference taking place this week got us thinking what the carbon cost was for shipping the TV. A quick check showed that shipping the TV from Taiwan to Nashville (ocean & trucking) led to about 6.7 The broader climate issue.and freight’s role. kg of carbon emissions.

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Freight Rates News October 2015

Freightos

Since we live and breath freight, we constantly come across information that’s critical for our customers – logistic providers, shippers and carriers. And as freight innovators ourselves, we love seeing more innovation. Freight Rates News that rates for freight and logistics trends – October 2015.

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Parcel Carrier Fuel Surcharges Expected to Rise, Here’s What Shippers Should Know

Intelligent Audit

As rising parcel carrier fuel surcharges change the dynamics for shipping companies, owners and decision-makers need to stay level-headed and informed to make the best business decisions. recorded in 2008 by the EIA. Patrick’s Day, parcel carrier fuel surcharges are imminent for omnimodal shipping. . The State of Fuel Prices.

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Leveraging Big Data in Logistics Into Meaningful Business Analytics

Intelligent Audit

In 2008, Dr. Raymond Panko published a paper detailing examples of human error in data entry. What does that mean for a shipper dealing with hundreds or thousands of freight invoices monthly? What does that mean for a shipper dealing with hundreds or thousands of freight invoices monthly? . Freight Audit in Multiple Modes.

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Snapshot of 2023 Predictions for Industry and Global Supply Chains- Part Four

Supply Chain Matters

The Ferrari Consulting and Research Group has annually published a series of supply chain management focused predictions since its inception in 2008. East and Gulf Coast ports to be able to process vessels, resulting in ships at anchorage waiting days or weeks to be processed. Background.