Remove 2010 Remove Freight Remove Logistics Remove Shipping
article thumbnail

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. 18th, 2023, Source: Marinetraffic Since mid-November multiple ships have been attacked in the Red Sea by Houthi forces in Yemen.

Freight 250
article thumbnail

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 Logistics from MIT, and an MBA from Georgia Tech.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Driving the Mission with Graig Morin

The Logistics of Logistics

Graig is the Co-Founder and President of Brown Dog Carriers & 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. Graig Morin and Joe Lynch discuss driving the mission. million miles.

Arlington 175
article thumbnail

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. It is not free by any means, and failure to understand this term can lead to discrepancies when shipping products abroad and additional problems. What Exactly Is Freight on Board? Who Pays the Freight Cost for FOB? Freight prepaid.

Freight 206
article thumbnail

History and Evolution of Supply Chain and Logistics

SCMDOJO

In the current era, it is clear that new modes of production are concomitant with new modes of distribution, which advances the field of logistics, the science of physical distribution or even supply chain management. Reminder of Key Definitions – Logistics & Supply Chain Management. What is Logistics and Supply Chain Management?

article thumbnail

In the crosshairs: Real-time logistics visibility

The Logistics & Supply Chain Management Society

Introduction – logistics visibility advanced to early mainstream. The past years have brought with them immense challenges for carriers, logistics operators and supply chain managers. Gartner estimates that “logistics visibility” has already reached “early mainstream” maturity, with up to 20% penetration in industry.

article thumbnail

Molex Prizes Agility

Logistics Viewpoints

Mr. Eberle is the vice president of logistics and distribution operations at Molex. The 2010 Eyjafjallajökull volcano eruptions in Iceland, for example, caused enormous disruption to air shipments across Western Europe. There was no air freight possible then into Europe,” added Gerald van den Eijnden. But they were very basic.