Remove 2019 Remove Freight Remove Sourcing
article thumbnail

The Great Maersk Shift

Freightos

The following is a 5,000 word exploration of Maersk’s strategic shift to end-to-end logistics services, based on open sources. 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 Freight Game of Thrones.

article thumbnail

High freight costs for importers means higher price tags for consumers

Freightos

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. Starting in July 2020, the impact of this trend became obvious when ocean freight prices shot up, and have continued rising. to $0.40, or about half a percent of the sticker price.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Takeaways from Descartes Evolution 2019

Talking Logistics

Source: Google. Descartes Systems Group Revenue 2006-2018 (Source: macrotrends). Takeaways from Evolution 2019. A couple of weeks ago, I attended the Descartes Evolution Global User & Partner Conference 2019. Real-time freight visibility is quickly becoming a “must have” capability for transportation managers.

article thumbnail

When The Chickens Come Home To Roost

Supply Chain Shaman

Hazardous freight is the most likely to get “rolled” at the dock. On the one hand, we should celebrate the fact that the aggregate industry moved 38% more freight in 2021 when compared to 2019. Build Strong Supply Chain Sourcing Development Practices. Sitting waiting for a confirmed booking.) Time For Action.

article thumbnail

The Dispatch Report + Full Product Launch | January 2019, Issue No. 10

Shipchain

Dear Community, If you care about our company and/or the freight and logistics industry (which we really hope you do!), Our community of passionate freight and logistics leaders is the backbone of our company – and the reason why we are so excited about this news. then this is the email you’ve been waiting for. It’s better.

article thumbnail

Coronavirus and the Trade War: A Perfect Storm Argument for SMB Supply Chain Diversification

Freightos

The digitization of commerce created a path for giants like Amazon and Alibaba to dominate their respective storefront/fulfillment and sourcing roles in the market. million freight containers each year. But this spike put capacity on container ships at a premium, pushing freight rates way up as well.

article thumbnail

This Week in Logistics News (January 14 – 20)

Logistics Viewpoints

In September 2022, Macy’s rolled out its first-ever wood-sourcing policy for its furniture sales after more than 150 years in business. It requires the use of responsibly sourced wood or recycled or reclaimed materials. This could be a slow, messy year for freight. That ruling was stayed while the CTA appealed to the U.S.