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Containerized shipping joins modern financial world with CME futures

Freightos

In 2016 many companies abandoned their fixed-price contracts to avail themselves of the low spot market. Conversely in 2021 when rates were sky high, suddenly companies that had negotiated fixed rates couldn’t get their cargo on the ship without paying an extra premium surcharge. But seriously, what does it mean?

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This Week in Logistics News (May 27 – June 2)

Logistics Viewpoints

Walmart added new functionality that lets sellers purchase shipping labels for domestic orders on its marketplace. Ship with Walmart (SWW) was previously available only for cross-border orders. The feature is standard on other major marketplaces, offering sellers reduced shipping rates and integrating with their platforms.

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This Week in Logistics News (June 6-10, 2016)

Talking Logistics

April 2016 Freight Transportation Services Index (TSI). Of course, Amazon has been using robots for years in its distribution centers, since its acquisition of Kiva Systems in 2012. Here are some details from the press release: iContainers is on a mission to make the process of shipping freight easier and more transparent.

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10 Controversial Freight Predictions for 2016

Freightos

10 Controversial Freight Predictions For 2016. There’s been several great predictions for logistics in 2016. Well, that’s China’s 2016 prediction. It’s a bad time to sell for scrap, so more ships are idle. 2016 will continue to be a busy year of consolidation. China’s “Slowdown” Is Good News.

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10 Controversial Freight Predictions for 2016

Freightos

10 Controversial Freight Predictions For 2016. There’s been several great predictions for logistics in 2016. Well, that’s China’s 2016 prediction. It’s a bad time to sell for scrap, so more ships are idle. 2016 will continue to be a busy year of consolidation. China’s “Slowdown” Is Good News.

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Hanjin Shipping Bankruptcy

3PL Insights

Global Shipping Effects of the Hanjin Bankruptcy. Hanjin Shipping, a South Korean company and the seventh largest container shipper in the world, filed for bankruptcy on Wednesday, August 31, 2016, which has prompted significant questions and confusion around the world as to how this will affect global shipping.

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The $30 Billion Secret: How Amazon’s Logistics Saves You Time & Money

SCMDOJO

Prime Membership: Amazon Prime – Subscription service offering benefits such as free two-day shipping, access to Prime Video, Prime Music, and exclusive deals. This subscription-based service offers customers free two-day shipping on eligible items, revolutionizing the e-commerce industry and setting new delivery standards.