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Supply Chain Matters This Week in Supply Chain Tech- March 17 2023

Supply Chain Matters

Freightos Cuts Revenue Forecast Cloud based freight booking and payments tech provider Freightos slashed its 2023 growth forecast amid continued reductions in global trade volumes and freight rates. We anticipate that we may well be highlighting other reduced revenue forecasts from digital freight start ups in the coming weeks.

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This Week in Logistics News (February 19 – 25)

Logistics Viewpoints

Oil prices jumped, with Brent rising above $105 a barrel for the first time since 2014, after Russia’s attack on Ukraine exacerbated concerns about disruptions to global energy supply. Carriers, freight forwarders, and shippers that were dealing with the China to North America trade lanes were already operating in crisis mode.

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Interoceanic Passages

Abivin

This is due in part to the chokepoints they cause in the flow of global freight as well as the fact that they give people access to resources and commercial activity more effectively. Nevertheless, they offer possibilities for routes that may encourage domestic imports and exports as well as the growth of logistical activities.

Panama 52
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Top 25 3PL warehousing companies in 2020 (by revenue)

6 River Systems

Third-party logistics companies ( 3PLs ) specialize in distribution, warehousing and fulfillment services. The core competency of these companies is logistics , and they do it well. Even Amazon used third-party logistics companies when the company first started, until reaching sufficient scale to have a logistics arm of its own.

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3PL Subway 2015: Strategic movements among logistics providers

Supply Chain Movement

After years of declining revenues in European logistics services, the business started to stabilise in 2013/2014. Europe has seen plenty of activity in terms of mergers and acquisitions, including the take-over of the major French family-owned company Norbert Dentressangle by America’s XPO Logistics. SCM 3PL Subway 2015.