Freightos

JANUARY 3, 2024

More Resources Home Red Sea and Suez Canal Shipping Crisis Update Judah Levine Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Even with an international naval force in place, Houthi attacks on commercial vessels in the Red Sea continue. Rates to N.

Shipping 306

Shipping Negotiating Skills Asia Yemen 306

The Logistics & Supply Chain Management Society

APRIL 26, 2022

Today, partners from the logistics industry alone include Toyota, CMA-CGM, and Air Liquide. You can find out on the ship, which are outfitted with three types of solar panels at present. The original gyro style wind energy installations were replaced with a wing type sail in 2019. MORE FROM THIS EDITION.

Supply Chain Design Software 245

Supply Chain Design Software Singapore Analytics Software Logistics Network Optimization Software 245

Enterra Insights

FEBRUARY 22, 2024

The world’s oceans have been a vital part of global trade since humans first launched ships from shore. As a result, maritime shipping lies at the very heart of the global logistical system. In January Panamanian authorities slashed Panama Canal ship crossings by 36%. ” How bad have things become?

Panama 130

Panama Global Supply Chain Planning Software Supply Chain Planning 130

Freightos

DECEMBER 2, 2021

You might not think about shipping containers and ocean freight when you click “buy” on your Amazon order, but there’s a direct connection between the two. Understandably, this hasn’t been easy on importers, especially when they’re trying to plan ahead and calculate margins and shipping times. “We’re What’s changed in a year?

Price Reduction 177

Price Reduction Cost Reduction Strategies Freight Supply Chain Disruption 177

Freightos

OCTOBER 31, 2022

You can hear the full interview with Conor in our podcast series, Ship Happens. . Between September 2019 and September 2021, the cost of shipping a 40’ container from China to the US West Coast had increased from $1,500 to $20,586. Prior to the pandemic, only 26% who spent that much on logistics. So what does it mean?

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Planning Supply and Demand Supply Chain 156

Logistics Viewpoints

MARCH 2, 2022

According to the Observatory of Economic Complexity (OEC), Ukraine’s top exports (2019) are agricultural commodities such as wheat, corn, and seed oils; iron ore, and iron. However, I did see reports on the destruction of Ukraine’s Antonov An-225, the world’s largest cargo aircraft. International shipping has faired well so far.

Ukraine 232

Ukraine Russia Supply Chain Sourcing Strategies 232

Freightos

FEBRUARY 16, 2020

Recent developments in freight digitization are simplifying the shipping process and giving visibility to freight pricing enabling small players to handle the logistics side of their business more easily, transparently and efficiently. But this spike put capacity on container ships at a premium, pushing freight rates way up as well.

Purchasing Skills 177

Purchasing Skills Supply Chain Software Price Reduction Manufacturing Procurement 177

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

While materials science struggles to provide more environmentally friendly disposable materials, improving the logistics for health services delivery is also something vital for our planet. Singapore for example has allowed for delivery to ships in its waters. We can hopefully expect more and more growth in this sector.

Distribution 130

Distribution Rwanda Ghana Material Savings 130

Cathy Roberson

JANUARY 2, 2023

E-commerce sales are higher than in the pre-pandemic period, as are shipping costs. Compared to the same period in 2019, e-commerce, as part of the non-store segment, is up 73.2%, while retail sales (minus non-store, food & beverage, auto, and gas sales) are up 23.4%. for the same period in 2019. "I

Cost Reduction Strategies 136

Cost Reduction Strategies Reverse Logistics Logistics Network Optimization Software Beverage 136

Logistics Viewpoints

APRIL 22, 2021

Emerging technologies play a role in managing disruption and are driving change in the transportation and logistics industries. We are now seeing an increase in the use of automation, not just within a TMS or WMS, but the digital coordination across all phases of logistics, from shipper to broker to carrier to warehouse.

Supply Chain Disruption 327

Supply Chain Disruption Supply Chain Planning Software Supply Chain Software Sustainability 327

Supply Chain Game Changer

APRIL 3, 2019

6 Major Delivery Logistics Trends! As the logistics industry, and the broader business world, looks to 2019, it’s time to explore what the next year will bring to logistics. After reviewing several industry sources most Logistics professionals are in agreement with all of these trends.

Logistics Network Optimization Software 50

Logistics Network Optimization Software Trends Logistics Supply Chain Software 50

Freightos

APRIL 9, 2024

Crews began the on-water removal of containers from the still-stuck Dali , as one necessary step in clearing the ship from the collision site. Europe and the Mediterranean prices have fallen by 25% since January, but remain about double their levels in 2019. America have decreased by more than 30% from their February peaks, and to N.

Baltimore 281

Baltimore Asia Panama Europe 281

Freightos

NOVEMBER 11, 2021

The ”end” they refer to – whether it’s forwarding, fulfillment, or platforms for B2B or B2C sales – remains fairly ambiguous, spanning an acquisition of fashion logistics company HUUB in September 2021 to an investment in rapid fashion production company Unmade. Image via StarAir.dk). Behind the Maersk shift. Enter Big Tech.

Price Reduction 177

Price Reduction Logistics Network Optimization Software Cost Reduction Strategies Expense Reduction 177

Enterra Insights

JULY 23, 2021

Logistics Concerns Have Lots of People Thinking About Christmas in July. Two concerns top the list of reasons for this uncertainty: inflation and logistics. Bloomberg reports, “If it seems like shipping delays and soaring delivery costs aren’t getting any better, it’s because they’re both getting worse.”[5]

Logistics Network Optimization Software 100

Logistics Network Optimization Software North Carolina Logistics Supply and Demand 100

Talking Logistics

DECEMBER 1, 2017

The mad dash begins to finish all the work that needs to get done before 2018 arrives, so without delay, here’s the supply chain and logistics news that caught my attention this week: E-Commerce Boosts U.S. Shipping Networks (WSJ – sub. cities in 2019 (Reuters). Kane Is Able Purchases Vintners Logistics.

Logistics Network Optimization Software 0

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Network Software Optimization Software 0

Freightos

NOVEMBER 7, 2023

Judah Levine Optimize your logistics tendering, vendor selection, negotiations, and procurement Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 3% to $1,609/FEU. Asia – Mediterranean rates increased 13% to $1,550/FEU, back to 5% above 2019 levels.

Negotiating Skills 289

Negotiating Skills Price Reduction Vendor Strategies Cost Reduction Strategies 289

Logistics Viewpoints

JANUARY 26, 2021

This means supply chain and logistics professionals need to distinguish between more frequently purchased products and the slower-moving products customers are willing to wait for. In a study of logistics providers conducted by Fraunhofer IML, only 36% of organizations reported that they had a clear overall plan for digital transformation.

Agile and Lean Supply Chain 268

Agile and Lean Supply Chain Supply Chain Software Supply Chain Planning Software Supply Chain Strategy 268

Supply Chain Matters

FEBRUARY 10, 2023

In this February 10, 2023 edition of Supply Chain Matters This Week in Supply Chain Tech we highlight news related to Shopify and Flexport , as well as Frieghtos , each in the transportation and logistics visibility tech segment. Shopify itself has been growing inherent logistics services by way of acquisition.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software 52

Intelligent Audit

NOVEMBER 22, 2022

YoY Volume Lapses Worry Air Cargo Companies. A step away from a normal holiday peak season , air cargo volumes and rates have continued to fall. 2, levels remain 3% lower than in 2019. Despite falling 20% YoY in October, spot rates are still 94% higher than in 2019. Volumes declined 8% YoY in October, and as of Nov.

Turkey 52

Turkey Supply Chain Design Software Optimal Sourcing Price Reduction 52

Freightos

JANUARY 3, 2024

Judah Levine January 3, 2024 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01) increased 63% to $2,713/FEU. These rates are more than double prices in January 2019. Rates to N.

Negotiating Skills 156

Negotiating Skills Asia Optimal Sourcing Europe 156

Supply Chain Matters

JUNE 21, 2022

This week, the Council of Supply Chain Management Professionals (CSCMP) , with sponsors Penske Logistics and consulting firm Kearney , released the 33rd Annual State of Logistics Report to organization members and the industry as a whole. business logistics costs reportedly rose by 22.4 For 2021, U.S. percent to $1.85

Logistics Network Optimization Software 52

Logistics Network Optimization Software Procurement Analytics Report Inventory Reduction 52

Zipline Logistics

OCTOBER 27, 2020

In a 2019 survey from Hotwire , 47% of consumers said they had recently switched to a different product or service because the company had violated their values. But sustainable logistics practices can have a profound effect on your brand. Shoppers now want to purchase from brands that are congruent with their personal values.

Vendor Strategies 52

Vendor Strategies Resource Reduction Waste Reduction Cost Reduction Strategies 52

Cathy Roberson

AUGUST 30, 2021

While all stores ships online orders, Best Buy is consolidating ship-from-store units in a limited number of stores across the country to drive efficiency and effectiveness. These locations should be rolled out by holiday and will take on about 25% of the national ship-from-store volume. Cathy That’s about it for now.

Inventory Reduction 109

Inventory Reduction Vendor Strategies Supply Chain Planning Software Modeling Software 109

ThroughPut

OCTOBER 28, 2019

Ship Smarter: How to Avoid Bottlenecks in Your Global Operations. Published October 25, 2019 in Global Trade Magazine. You can’t just turn around a giant cargo ship. And when shipping to volatile countries, it becomes even harder. And when shipping to volatile countries, it becomes even harder.

Saudi Arabia 40

Saudi Arabia Material Savings United Arab Emirates Shipping 40

Freightos

AUGUST 29, 2023

Transpacific ocean rates climbed slightly last week, with West Coast rates up 5% to $2,029/FEU, and East Coast prices up 3% to $3,075/FEU, both above 2019 levels. Europe total H1 import volumes were down year on year , though demand has improved since March, with June volumes 5% higher than last year and 6% higher than in 2019.

Price Reduction 261

Price Reduction Asia Europe Resource Reduction 261

Intelligent Audit

OCTOBER 10, 2022

As the logistics industry continues to recover from pandemic-era supply chain disruptions, shippers are adjusting quickly to the expectations of a new normal. Falling ocean rates and volatile fuel costs have logistics professionals across the supply chain searching for innovative efficiency solutions throughout their operations.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Cost Reduction Strategies Price Reduction Supply Chain Planning Software 52

Resilinc

JULY 6, 2021

The extreme port congestion and container shortages that drastically reduced shipping out of Southern China last month have eased, but as freight volumes from Yantian and other Pearl River Delta ports recover, the rebound will send another wave of disruptions through the troubled global shipping network, according to American Shipper.

Supply Chain 80

Supply Chain Modeling Asia Hawaii 80

Talking Logistics

APRIL 19, 2019

This week’s supply chain and logistics news was dominated by investment news, including Sumeru Equity Partners’ investment in 3Gtms (a Talking Logistics sponsor). The same is true for the transportation market and the types of challenges and opportunities that shippers and third-party logistics providers face.

Vendor Strategies 20

Vendor Strategies Logistics Third Party Logistics Warehousing 20

Freightos

JULY 11, 2023

Container ship backlogs have now developed, with more than 10 vessels anchored near Vancouver and several off Prince Rupert port. With volumes higher than in 2018 and 2019 in May and June, ocean rates that for the most part have been at or below 2019 levels may be more a function of excess capacity than of subdued demand.

Negotiating Skills 156

Negotiating Skills Asia Europe Canada 156

Cathy Roberson

AUGUST 2, 2021

So far it’s been a good year for many big & bulky last-mile carriers such as XPO Logistics, JB Hunt, and others. Compared to the same period in 2019, furniture & home furnishing store sales are up 21.3%. for the same period in 2019. But, it could be better if more volume was in their pipelines. to $91 million.

Vendor Strategies 82

Vendor Strategies Inventory Reduction Material Savings Logistics Network Optimization Software 82

Freightos

FEBRUARY 13, 2024

Judah Levine February 13, 2024 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 11% to $4,859/FEU. But even with the Red Sea diversions soaking up capacity and N.

Negotiating Skills 194

Negotiating Skills Optimal Sourcing Asia Europe 194

Cathy Roberson

DECEMBER 16, 2021

The introduction of Amazon Prime and its free two-day shipping perk in 2005 drew many consumers to online shopping. It forced many competitors of Amazon also to offer free shipping to keep pace with the e-commerce behemoth. Much of the rising number of deliveries to customers’ homes is likely due to free shipping.

Expense Reduction 52

Expense Reduction Cost Reduction Strategies Material Savings Price Reduction 52

Freightos

AUGUST 23, 2023

Dive deeper into freight data that matters Stay in the know in the now with instant freight data reporting Sign up for Free Analysis Low water levels driving weight restrictions and reductions in daily Panama Canal transits has created a backlog of about 150 ships waiting – some for more than a week – for passage.

Price Reduction 224

Price Reduction Resource Reduction Panama Asia 224

CH Robinson Transportfolio

APRIL 21, 2021

Right now, cargo is king and leading routing decisions for most airlines. With this in mind, there are three tactics that you can bring into your shipping strategy to navigate the current capacity constraints in the air market. . A mix of modes doesn’t just mean putting things on a ship when there is no room on aircrafts.

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Capacity Resource Reduction Price Reduction Inventory Reduction 46

Resilinc

NOVEMBER 2, 2021

In the race to fill distribution centers and store shelves with inventory for the holidays, some of the world’s largest retailers and ecommerce sellers are jumping ahead of smaller competitors by chartering ships, shifting freight to air, re-rerouting inland shipments, and hiring more staff for distribution centers and other supply chain nodes.

Inventory Reduction 62

Inventory Reduction Retail Cost Reduction Strategies Resource Reduction 62

Freightos

AUGUST 8, 2023

But West Coast prices have climbed to $1,900/FEU so far this week, a 44% increase compared to mid-July and 23% higher than in 2019. East Coast rates reached $2,883/FEU yesterday, a 20% increase since mid-July and 2% higher than in 2019. These price increases are partly driven by some demand recovery.

Price Reduction 176

Price Reduction Resource Reduction Asia Europe 176

Freight Center

JANUARY 2, 2020

After all, almost everything we use or consume is part of or passes through a logistics chain in one way or another. It’s because those trucks are transporting the majority of moving cargo in the U.S. Shipping by sea continues to be a powerhouse in the freight and logistics industry. Freight Fact #4: Trucks are King.

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Freight Third Party Logistics Logistics Network Optimization Software Cargo 45