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Freight Market Snapshot: Houthi Attacks in Red Sea and Suez Canal News Updates

Freightos

But with alternative routes and plenty of excess capacity available, operations should continue reasonably well, and freight rates are unlikely to spike to extreme highs. With the other major carriers also rerouting now, it is likely freight rates will rise for Asia – N. Shipping through the Suez Canal will take more time.

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What Is Free or Freight on Board (FOB), and Why Should Shippers Understand This Term?

GlobalTranz

One of these terms, free or freight on board, also has irony within its name. What Exactly Is Freight on Board? Freight on board, also known as free on board, refers to a set of Incoterms that govern who owns and pays for a shipment when traveling overseas. Who Pays the Freight Cost for FOB? Freight prepaid.

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Freight Recession: Opportunity or Threat with Steve Elwell

The Logistics of Logistics

Steve Elwell and Joe Lynch discuss freight recession: opportunity or threat. About Steve Elwell Steve is the Founder and since 2010 Managing Director of iDev Partners a boutique leadership, business strategy and turnaround consulting firm located in Farmington Hills, MI. iDev core values: Action, Excellence, Leadership.

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What’s Next for The Freight Market with Chris Pickett

The Logistics of Logistics

Joe Lynch and Chris Pickett discuss what’s next for the freight market. Chris is the Chief Operating Officer at Flock Freight , a technology company that is on a mission to solve the US trucking industry’s wasted capacity problem. in Industrial & Systems Engineering from Virginia Tech, an M.Eng.

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Online Platforms Offer Ocean Freight Services to SMBs

Cathy Roberson

However, as air freight rates climb and capacity tightens and questions regarding the future of US de minimis, interest in ocean freight services is on the rise. Indeed, over the past couple of years, online platforms have introduced ocean freight services that target SMBs. fulfillment center network.

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REPOST: Understanding the Rise and Fall of Truckload Rates with Chris Pickett

The Logistics of Logistics

Chris Pickett is the Lead Market Analyst and Founder of Pickett Research, LLC – an independent market research firm focused exclusively on the dynamics that drive US truckload freight rates. He earned a B.S. in Industrial & Systems Engineering from Virginia Tech, an M.Eng. in Logistics from MIT, and an MBA from Georgia Tech.

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Driving the Mission with Graig Morin

The Logistics of Logistics

His career has varied from working on loading docks to hauling general freight. In 2010, Graig met the love of his life, Christine, and her four-legged side kick, Lily. We used our knowledge of the industry and wealth of experience to begin moving freight using our trusted network of partners. million miles.

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