Freightos

SEPTEMBER 20, 2023

More Resources Home September 20, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. America weekly prices decreased 11% to $4.25/kg

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Freightos

APRIL 6, 2020

In 2019, digital freight isn’t a vision; it’s a reality. Land travel restrictions in Asia extended Chinese New Year, dropping ocean freight demand, which, just weeks later, spiked when the shutdown ended. Meanwhile, massive passenger airline restrictions dramatically reduced air cargo capacity, sending rates through the roof.

Logistics Network Optimization Software 211

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The Logistics & Supply Chain Management Society

NOVEMBER 15, 2021

Typically, 45% to 50% of cargo is carried in belly holds of aircraft. DB Schenker Singapore has also cemented the position as a key pillar in Singapore’s logistics ecosystem, being the number one air exporter (for freight forwarding) and attaining market leadership in ocean freight as well. Singapore’s Status a Global Hub.

Singapore 246

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Supply Chain Game Changer

JUNE 23, 2021

Do you have a Freight Management Strategy or are you Spinning your Wheels? The emergence of COVID-19 changed many things in the world of business, and transporting cargo is no exception. This article summarizes the top five benefits of using air charter for cargo and the products and industries that need it the most.

Cargo 57

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GlobalTranz

NOVEMBER 17, 2021

This is not the usual peak season, and it started much earlier than in 2020. Higher freight volumes. Stronger freight volumes are expected as pent-up demand from consumers, retailers, and manufacturers reaches an apex. Shrinking capacity from higher freight volumes results in higher rates throughout peak season and beyond.

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The Logistics of Logistics

NOVEMBER 17, 2023

Brian is the Founder of Port X Logistics , a transportation company that specializes in expediting containerized cargo throughout the U.S. About Brian Kempisty Brian Kempisty is the Founder of Port X Logistics, a transportation company that specializes in expediting containerized cargo throughout the U.S. and Canada. and Canada.

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Logistics Viewpoints

MAY 25, 2021

The global supply chain is routinely beset by challenges, both large and small, but the past couple of years have delivered a string of significant logistics disruptions that have threatened to upend the tightly choreographed dance of global freight transportation. That’s starting to change. More and more large U.S. In the U.S.,

Supply Chain Planning Software 321

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Intelligent Audit

MAY 12, 2022

Often, the general public’s view of freight transportation is similar. The Bureau of Transportation Statistics reported that, “Freight shipped across the U.S. from pre-pandemic February 2020 ($95.95B).” The Bureau of Transportation Statistics reported that, “Freight shipped across the U.S.

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Freightos

OCTOBER 31, 2022

Since early 2020, global trade has been buffeted by waves of increased customer demand, supply chain challenges, and constant uncertainty and volatility. Since early 2020, the supply chain ramifications of COVID have been a rollercoaster for businesses of all shapes and sizes. But then global freight kicked in. .

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Logistics Viewpoints

MARCH 29, 2024

In the early morning hours of April 26, at approximately 1:35am, a cargo ship leaving Baltimore Harbor struck the Francis Scott Key Bridge, triggering a catastrophic collapse of the 1.6-mile-long The prescriptions are offered via Amazon’s online pharmacy service, which launched in 2020. mile-long span.

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The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

In Malaysia, CEVA Logistics worked closely with L’Oréal , a major producer of luxury and consumer products, to develop a social initiative of providing jobs for the hearing impaired at our warehouse since June 2020. We also look to reduce or eliminate the use of plastic packaging. Photo Credit: United Airlines.

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Logistics Viewpoints

OCTOBER 28, 2021

When terminals cannot move cargo, the costs can escalate quickly. Since the systems affected were controlling the flow of vessels and freight around the world, these can be classified as OT-level supervisory type systems. Should we call the Maersk attack an OT-level attack or an IT-level attack?

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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.

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Logistics Viewpoints

FEBRUARY 18, 2022

What Berglund is referring to is the advantage that shipping lines hold for negotiations with cargo shippers for 2022 and beyond. Xeneta currently puts the Asia-West Coast spot rate at just under $10,000 per FEU, with some cargoes paying additional priority shipment fees of $1,400-$7,500. By October, it was up to $6,000-$6,500 per FEU.

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Logistics Viewpoints

MAY 6, 2021

as of January 1, 2020 [3]. Cargo transfer requirements. Once in port, each stage can be monitored, from pilot onboarding and cargo transfer to disembarkation. The IMO 2020 regulation has set a precedent for further restrictions to come. from originally 3.5% Other planned vessel movements. Any safety considerations.

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Zipline Logistics

JANUARY 4, 2021

After a tumultuous 2020, the trucking market may be setting up for a bit more stability in the 12 months ahead. It was a tale of two freight markets during the past year due to the global pandemic that reshuffled consumption and commerce. Typically, freight volumes fall off substantially after the holiday peak season.

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Zipline Logistics

MARCH 30, 2021

Following an unprecedented downturn, the freight market has posted an almost full calendar year of impressive growth spurred by demand from a few sectors of the domestic economy. The second half of the past quarter was highly atypical and posted freight volumes that vastly exceeded those generally seen during peak season.

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Zipline Logistics

JANUARY 4, 2022

For the second consecutive four-quarter period, the freight market faced continual capacity challenges as the global supply chain wrestled with the effects of the COVID-19 outbreak. Will these forces continue to play a part in the freight market in the coming year? Consumption Drives Freight Market Growth.

Freight 52

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MIT Supply Chain

DECEMBER 15, 2020

The loads may never materialize, or the carrier may not have the capacity in the right place when it is scheduled to haul the cargo. But they do add costs and reduce the efficiency of freight networks. 3, 2020, and presented a detailed history and overview of the current state of the art and practice in shipper-carrier relations.

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Intelligent Audit

AUGUST 16, 2022

The first wave of the pandemic wreaked havoc on the supply chain, causing FedEx to initiate its first set of peak surcharges and fees in April 2020. However, UPS reported that, “Effective August 14, 2022, Asia to Canada WWE FREIGHT rates will decrease. UPS Sees Positive Potential for Autonomous Air Cargo Transport.

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Operations and Supply Chain Management

SEPTEMBER 12, 2022

STATE OF FREIGHT. · More than a fifth of the distance driven by European cargo trucks in 2021 was “deadhead mileage,” where vehicles traveled empty, often on the return leg of a journey. · The road freight industry has a big problem. The road freight industry has a big problem. And there’s no easy fix in sight.

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SCMDOJO

MAY 13, 2022

The advent of containerization heralded a revolution in cargo handling techniques, the ramifications of which are still influencing maritime trade all over the world today. ports of Los Angeles and Long Beach which saw their busiest March on record, handling a combined 898,287 TEU’s. Supply Chain KPI Dashboard.

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Cathy Roberson

OCTOBER 4, 2023

FedEx Dataworks, established in 2020, partnered with Microsoft Azure to build an enterprise data platform to serve as the foundation for FedEx’s decision science and machine learning practice and houses a standard set of models and insights that can be reused to create a flywheel of value for its business and customers.

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Intelligent Audit

JUNE 30, 2022

But in the timeframe between 2020 to 2022, a volatile supply chain market showed the weakness in outdated, legacy supply chain execution built on rigid technology or lacking any accurate data that can improve overall decision-making. Between 1990 and 2020, the volume of cargo transported by ships more than doubled, from four to nearly 10.7

Optimal Sourcing 52

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Turvo

FEBRUARY 4, 2021

From carrying cargo to keeping shipping lanes open, truckers, carriers, and management alike helped hold supply chains together during the COVID crisis. Despite this impact, many carriers also struggled to make ends meet and survive in 2020. And 2021 is the continuation of the unknowns of 2020.”

Analytics Software 52

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Cathy Roberson

AUGUST 24, 2022

(photo credit: depositphotos.com) According to consulting firm McKinsey, funding for logistics startups almost doubled in 2021 compared to 2020. The most significant percentage was on-demand last-mile delivery platforms, followed by road freight marketplaces and new last-mile parcel networks. of the total $80 billion in funding.

Reverse Logistics 62

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Cathy Roberson

MAY 10, 2022

Supply chains have encountered delivery delays, capacity constraints, and volatile rates since the COVID pandemic began in 2020. We're launching what I would call Chewy Freight Services, or CFS, which is starting as a line-haul initiative, where we will operate a portion of our middle mile fleet and network.

Retail 109

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Cathy Roberson

AUGUST 2, 2021

According to the US Census Bureau, furniture & home furnishing store sales are up 43% for the first half of 2021 compared to the same period in 2020. for the first half of 2021 compared to the same period in 2020 and up 5.0% million loss for the second quarter of 2020. increase from the same period in 2020.

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Cathy Roberson

JANUARY 2, 2023

of total retail sales in Q2 2020 but, as a percentage, has slowly fallen each quarter since to 14.8% Catch my weekly column on air cargo, freight forwarding, and the express markets, and the occasional podcast on Air Cargo World. Thanks for reading Rethinking supply chains! E-commerce peaked at 16.4%

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Cathy Roberson

MAY 31, 2022

Many retailers were slow to invest in required technologies until 2020 when the COVID pandemic temporarily forced physical stores to close and/or limit hours of operation, e-commerce purchases jumped, and last-mile delivery providers struggled to deliver goods on time to consumers. Costco, for example, acquired Innovel Solutions in 2020.

Puerto Rico 52

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Turvo

AUGUST 3, 2021

The shocks of early 2020 hit the freight management and logistics supply chain hard. The right technology can help freight managers see what’s going on throughout the chain. This is where logistics managers and freight controllers can use supply chain visibility and collaboration.

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Freightos

MARCH 19, 2024

More Resources Home Navigating the Waves: Exploring Digital Booking in Ocean Logistics at TPM 2024 Judah Levine The sessions at this year’s TPM, the preeminent North American ocean freight conference, was more focused on the role of technology in ocean logistics than ever. The data shows this too.

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Intelligent Audit

SEPTEMBER 28, 2022

According to FreightWaves, the FreightTech 100 2023 is “[…] a selection of the most innovative companies in the freight technology space.” Freight Rail and Union Members Reach Tentative Agreement. Air Cargo Volumes Normalizing YoY, but Concerns Remain. In a welcome turn-of-events for the U.S. With the agreement, the U.S.

Price Reduction 52

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Cathy Roberson

DECEMBER 6, 2021

Are you, as a shipper, struggling with high freight costs? Let’s not forget Costco Wholesale, which in 2020 acquired Innovel [renamed Costco Logistics] for big and bulky last-mile deliveries. This is not an alarming percentage, but it’s considerably lower than the 88% of shippers that said similar in 2020.

Agile and Lean Supply Chain 52

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CH Robinson Transportfolio

FEBRUARY 10, 2021

Until your freight has been involved in a vessel accident, you may not be aware of the process or overall impact to your supply chain. Although vessel accidents are unplanned and usually unpredictable, there are steps you can take before you ship so you’re not scrambling when you get the news your freight was involved in an accident.

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Cathy Roberson

AUGUST 1, 2022

Consumers couldn’t get enough of buying goods since the pandemic occurred in 2020, and shippers struggled to keep enough inventory on hand once pre-pandemic inventories were depleted. However, since the 2020 holiday season, retailers have diversified their last-mile carrier mix beyond FedEx and UPS to ensure capacity availability.

Inventory Reduction 96

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Operations and Supply Chain Management

FEBRUARY 17, 2022

With global cargo lanes clogged, businesses are turning to new ways to deliver goods. Mississippi River cargo traffic near Luling, La. Rickenbacker International Airport was a bustling hub for air freight well before the pandemic—a day’s truck drive to half of the U.S. We had a good cargo business before the pandemic.

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