Remove 2009 Remove Freight Remove Innovation Remove Shipping
article thumbnail

Ocean Freight Procurement and Going with the Stream

Freightos

Not that long ago, they were the only way people listened to music, peaking at 23 million units sold in Q1 2009. The annual fixed-price contract is the current go-to for ocean freight procurement. Just like streaming replaced that iPod as a better way of listening to music, ocean freight procurement now has a better way.

article thumbnail

[INFOGRAPHIC] The History of Shipping Containers

GlobalTranz

The Freightos System is SaaS for freight contract management, automatic price quotations, and business intelligence. There are two ways to view the History of Shipping Containers. Below, you can also view the history of shipping containers in one infographic. Malcom McLean and the History of Shipping Containers.

Shipping 120
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The History of the Shipping Container

Freightos

The History of the Shipping Container. 26 April 2016 marks the 60th anniversary of the maiden voyage of the Ideal X and the birth of modern container shipping, a development that played a critical role in spurring the global economy. But the modern shipping container has changed much more than one industry. Malcom McLean.

Shipping 120
article thumbnail

How Freight Disrupted Itself: The View From Within A Changing Industry

Freightos

How Freight Disrupted Itself. In the last year, a new dynamic has begun to reshape the freight industry. Phil knows his (freight) stuff. In his PhD thesis he developed a product to secure ocean freight rates with financial derivatives. Declining Freight Rates. Suddenly the freight industry is not so opaque.

Freight 102
article thumbnail

This Week in Logistics News (September 26-30, 2016)

Talking Logistics

Another Friday where I have limited time, so let’s go straight to this week’s supply chain and logistics news that caught my attention: Uber to move freight, target trucking for the long haul (Reuters). Blockchain Makes Inroads in Shipping (WSJ – sub. Global Container Volume on Track for Worst Year Since 2009 (WSJ – sub.

article thumbnail

This Week in Logistics News (May 16-20, 2016)

Talking Logistics

Amazon Looking to License or Acquire Freight-Management Technology (WSJ-sub. Kewill Introduces SOLAS-Compliant Freight Forwarding Solution by Integrating INTTRA eVGM Service. Five years later in 2009, I also predicted that a leading logistics service provider would acquire a leading logistics software company.

article thumbnail

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

Supply Chain Matters

Carriers and providers experienced windfall profit levels in their ability to leverage the constant disruptions and ship deployment imbalances into skyrocketing spot rates, added services fees, surcharges or demurrage penalties. The rate was further 80 percent below the peak spot rate of $10,377 reached in September 2021.