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Global shipping prices are continuing to rise as Houthi rebels keep up attacks on cargo vessels in and around the Red Sea. The disruptions are at a key point for ships passing through the Suez Canal and are creating ripples across supply chains in Europe and the U.S., And now on to this week’s logistics news. East Coast.
After a rough 2015, the first half of 2016 was no different. Demand for ocean freight was lower than anticipated, and Hanjin Shipping, another top ten ocean liner, was already teetering on the verge of bankruptcy. The Post-2016 Strategy: End-to-end Shipping. Today, 75 to 80% of cargo arrives on time.
Short Term Medium Term Special Feature Carriers & Cargo Innovation Freightos focus November 2015 freight and logistics trends that rate. The ramifications of the restructuring of China’s economy, freight innovation, re-shoring, widening the Panama Canal, and the new super-size ships are all covered. Sustainable shipping!
I can’t export maritime incident data from the US Coast Guard (which could use some tech) but based on this report there were 18 bridge allisions in the United States between 1960 and 2015. Over that same period, the US imported 37 trillion dollars worth of goods.
Starting with Miami, this port primarily handles containerized cargo with small amounts of breakbulk, vehicles and industrial equipment. Going up the coast in Jacksonville, FL, there is a huge port that receives the second-most automobiles in the US along with all types of cargo. In 2015, the Port of Savannah moved 8.2%
DECEMBER 2015. SPECIAL FEATURE: FIVE TRENDS TO SHAPE THE SHIPPING INDUSTRY. OUR TAKE A tonic for the (following) Carriers & Cargo section. This insight is much more instructive than studying changes in ships and related systems. CARRIER & CARGO: CHOPPY SEAS AHEAD FOR CARRIERS. Freight Rates News.
A Perfect Match for Our Mission At Freightos, our mission has always been to bring international shipping into the 21st century, using digitalization to make it faster, more cost-effective, and more transparent for the organizations that literally move the world. But we never thought we could do it all ourselves. And it’s happening.
billion in 2015. The company said it took a $157 million impairment charge for permanently deactivating the 757 cargo jets along with seven engines. By the end of September, FedEx will no longer be the primary air cargo provider for the U.S. Tomé, the chief executive officer at UPS, in the release.
When it comes to ocean freight, it can be easy to observe the competitive nature of shipping rates, service loops and trade lanes and label it market share dog-eat-dog. Shipping alliances are an essential facet of international logistics, promoting efficiency in a complex global trade environment. Astro-logistics!
In addition, we have taken several steps in the past few years to affect industry change, such as being an active member of the Clean Cargo Group and joining the Sustainable Air Freight Alliance (SAFA). Photo Credit: United Airlines. million gallons of SAF this year. Acting for Responsible Trade.
We continue our series on the most read articles from the Cerasis blog for 2015 today by featuring any of the blogs in the transportation management or transportation categories. . We will then conclude the 5 main categories by featuring the top 10 freight articles of 2015. We list them in order of the tenth most read to the most read.
Cargo Chief Cracks the Code on Transportation Capacity. XPO Logistics Announces Second Quarter 2015 Results. The charge for same-day delivery from macys.com or bloomingdales.com is a flat $5 above standard ground shipping fees. New Capabilities in JDA Flowcasting Attack the Toughest Retail Forecasting Challenges.
In this week’s supply chain and logistics news… Amazon in talks to lease 20 jets to launch air-cargo business (The Seattle Times). A cargo-industry source said Amazon expects to make a decision to go beyond the trial run and pull the trigger on a larger air-cargo operation by the end of January. “I Baird & Co.
International Air Freight Shipping: Definition. Air cargo is used by global importers and exporters when they need to get goods somewhere rapidly and reliably. While 90% of everything is shipped by ocean, air connects the world faster, cutting China-US freight shipping time from 20-30 days by ocean to only 3 days by air cargo.
Multimodal 2015. Shipping Managers, Procurement Directors, Distribution Managers, Traffic Managers, Logistics Directors, SCM Directors, Sourcing Managers, Transport Managers and Supply Chain Directors from: Major High Street and Online Retailers. Date: 28 – 30 April 2014. Venue: NEC Birmingham. Organiser: Clarion Events. Who attends?
Massive ships. While container terminal operators certainly feel the pressure, freight forwarders and the shipping lines themselves have a few planning puzzles to sort out on their own. Capacity of container ships handled in 2014. Shipping lines alliances. Slow steaming. Alliances and consolidation. Mass consolidation.
Cloud Logistics Offers New Innovations in Second Upgrade of 2015. Moving on to technology news, Cloud Logistics announced new enhancements to its transportation management system (TMS), including: Advanced third party logistics (3PL) capabilities to support complex hierarchical relationships and shipping rules. WSJ – sub.
Why Tech Giants Are Focusing on Trucks and Ships. to ship a 5 lb package the full distance from Shenzhen to Los Angeles. Basically, the 7,236 miles from China to the US may have the same shipping costs as the last mile. Amazon hasn’t shied away from expensive shipping; it spent a full $3.9 billion on shipping in Q3 2016.
Ports See Costly Delays as CargoShips, Volumes Grow (WSJ – sub. US Navy to accompany US-flagged ships in Persian Gulf after Iran seizes vessel (Fox News). Reports 2015 First-Quarter Results. Earlier this week, I attended the JDA FOCUS 2015 conference, where I moderated a panel discussion with 3PL executives.
Supply chain disruptions that consist of port and terminal congestion, shipping delays due to high cargo volumes, lack of labor due to Covid-19 and limited space have caused a myriad of challenges for shippers. Ocean Shipping. In 2015, there were roughly 17 global ocean carriers. Air Shipping.
The point is to stop shipping small online orders in boxes that are ridiculously oversized. The made-to-fit boxes, along with other efforts to reduce the use of cardboard, have cut the average weight of packaging used per shipment by 38 percent since 2015. Electronics seller Crutchfield Corp. Mike Gallagher, R-Wis.,
I hope 2015 is off to a great start for you. Uber’s Latest Experiment Is Uber Cargo, A Logistics Service In Hong Kong. Big ships leave ports awash with problems (Financial Times – sub. The post This Week in Logistics News (January 5-9, 2015) appeared first on Talking Logistics with Adrian Gonzalez. Happy New Year!
TOC Europe 2015. Date: 9-11 June 2015. The TOC Europe is the global meeting place for ports, terminals, shipping lines, 3PLs & shippers. Through the years TOC has built a strong reputation as the trusted event portfolio for the maritime trade, shipping, ports and terminal communities. Venue: Ahoy, Rotterdam (NL).
Bigger Container Ships Pose Bigger Risks (WSJ – sub. With more than 30 cargoships anchored offshore, countless supply chains scrambling, and the prospect of a $2 billion per day hit on the U.S. The larger ships will further test the capacity of ports and canals and the skill of their captains and crews.
Cosco, China Shipping Group in Advanced Merger Talks (WSJ – sub. August 2015 Freight Transportation Services Index (TSI). Port of Long Beach sees highest Q3 cargo volume in history (Cargo Business News). In the darkness, in the silence, I missed my dad, again. SMC³ Acquires Transportation Costing Group.
In other words, if your shipping your own goods, you’re competition. Let’s Talk About Boats, Ships, and Trucks. That’s not surprising, given that Amazon’s shipping costs grew from $11.5 billion between 2015 and 2017. Air freight figures prominently in job descriptions with 105 mentioning air shipping.
In a conversation beginning at the tail-end of a lecture and concluding on a patio overlooking the Western Wall in Jerusalem’s Old City, I spoke to Celine Hourcade, IATA’s Head of Cargo Transformation. For a couple of reasons but mostly because: Cargo is not the core revenue center of air carriers, passengers are. billion in 2015.
Peak season for ocean freight shipping is underway. Here’s an easy way to think about the regular and potential future disruptions that could impact your ocean shipping strategy, and what you can do to prepare for what comes next. At these times of the year, you should see less risk to your standard ocean shipping strategy.
Plummeting freight rates mean that under 50% of logistics providers turn a profit on ocean shipping, while threatening competition from industry newcomers like Amazon and Alibaba spell out unprecedented challenges for the logistics industry. DHL seeded its empire by moving ocean documentation faster than cargoships.
The question was triggered by all of the logistics-related moves Amazon continues to make, as evidenced by these headlines since last September alone: Amazon Buys Thousands of Its Own Truck Trailers as Its Transportation Ambitions Grow (Recode – Dec 2015). And just last Friday, Amazon revealed Amazon One, it’s first branded cargo plane.
Air cargo firms feel the pressure from plunge in freight prices (Reuters). percent between the final quarter of 2015 and the first quarter of 2016 and the International Air Transport Association has lowered its growth forecast for air freight demand in 2016 to 2.1 Heavy-Duty Truck Orders Fall to Lowest Since 2010 (WSJ – sub.
Stagnation of Air Cargo and Sea Freight Rates. Even though there have been concerted efforts to reverse the downturn experienced in the year 2015, most shipping lines have not succeeded in reversing the trends in supply chain. Air cargo rates will also remain static. Managing Risk. Top 3 Benefits of Driverless Vehicles.
Here are a couple of charts from the press release: By 2045, total freight on all modes – air, vessel, pipeline, rail, and trucks – is projected to reach 25 billion tons (up from 18 billion tons in 2015) while the value is expected to grow to $37 trillion (up from $19.2 trillion in 2015). Take cargo airships, for example.
Future of brokerage: Cargo Chief to bet on pay for time ( Overdrive ). December 2015 Freight Transportation Services Index (TSI). Amazon wants to bypass these brokers, amassing inventory from thousands of merchants around the world and then buying space on trucks, planes and ships at reduced rates.
Amazon reported its Q4 2015 results yesterday, and although it reported record profits for the quarter ($482 million), the company’s shares tumbled in after-hours trading because overall results fell short of analyst expectations. Shipping costs are always an item of interest, and as the Wall Street Journal reported : . from 10.9%
While the IEA notes that this number is “more than the cumulative number of electric trucks sold in the country between 2015 and 2022” it is below even Canada, where almost 2,000 vehicles were handed over to customers last year. stalls The U.S. in contrast experienced similar sales to 2023 in 2024, reaching over 1,700.
In Google’s case, the company was issued a patent this week that, as reported in Quartz , “outlines a theoretical strategy for ensuring that autonomous and remote-controlled robots in a warehouse facility aren’t overloaded as they move cargo around the warehouse.” Grown by 100% year-over-year.
Now, after eight months of increasingly bitter contract negotiations and lobbying by Congressional representatives, President Obama has ordered his Secretary of Labor, Tom Perez, to jump-start stalled labor talks between shipping companies and the dockworkers’ union. This problem has been exacerbated by many factors: Driver Shortages.
Blockchain Makes Inroads in Shipping (WSJ – sub. Trucking Industry’s Operational Costs Decline in 2015 Driven by Fuel Prices. Flexport wants to track products that are in transit as well as to handle sorting, relabeling and reshipping of goods when they are sold while they’re being shipped.
Turning physical objects and actions into digital information help warehouse and inventory management teams maintain control and oversight of products shipped around the globe. Employees working stockrooms and shipping docks often use mobile devices to report procedures as they happen. Tracking the Shipping Assets Themselves.
Turning physical objects and actions into digital information help warehouse and inventory management teams maintain control and oversight of products shipped around the globe. Employees working stockrooms and shipping docks often use mobile devices to report procedures as they happen. Tracking the Shipping Assets Themselves.
In technology news, INTTRA announced a partnership with JDA Software, which will give JDA customers access to INTTRA’s full suite of ocean shipping software, data and services. In fact, ShipTIS.com has already been operational to a select number of clients since October of 2015, and is now available to the public.
What do you get when you combine an electric van with a fully automated cargo space, drones, joystick control, and cloud-based algorithms to control order picking, the loading of packages, the automated cargo space, and route planning for the vehicle and delivery drones? More than 100 million transactions processed in 2015.
South Korea has 71 airports with paved runways, more than half of which can support cargo jets. The annual freight traffic on registered carriers was 11.297 billion mt-km in 2015. As of 2019, it has 1,880 vessels, of which 83 are bulk carriers, 86 are container ships, 368 are general cargoships, and 187 are oil tankers.
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