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2021 Logistics Outlook: Truckload Freight Market Forecast

GlobalTranz

For shippers, 2020 was like riding a roller coaster with no way to get off. The volatility of 2020 and the uncertainties looming into 2021 make it difficult to forecast planning and budgets based on historical data. However, some market trends that became significant factors in 2020 will likely continue.

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Freight Market Intelligence: Data is crucial, but context is king

Freightos

In this article, Eytan Buchman, Freightos’ CMO, discusses the importance of data and context in global freight and logistics. The future of global freight data lies in real-time information, contextual insights, and aggregated data that can help companies make better decisions and adapt to a rapidly changing industry.

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Freight Cost Volatility Impacts on Inflation – An Analysis

Freightos

The global economy has gone through an incredibly tumultuous time since 2020. From lockdown-induced purchasing highs, soaring logistics costs and supply chain snarls to waning demand, soaring inflation, and fears of recession – there has never been a dull moment. . Freight rates as a forward looking indicator of CPI.

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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.

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Logistics Procurement – Performance Management

The Logistics & Supply Chain Management Society

Logistics Procurement – Performance Management by LSCMS Shippers’ Council Shortly after the outset of COVID, in early 2020, supply chains have been disrupted across the globe. Rates are now starting to stabilise and for ocean freight especially, we are seeing rates closer to pre-COVID levels.

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Capitalising on Supply Chain Digitisation with Robotic Process Automation – 10 Areas of Opportunities – LogiSYM August 2020

The Logistics & Supply Chain Management Society

For an industry that increasingly requires higher logistics pipeline velocity without sacrificing accuracy and at lower costs, RPA is a natural choice for high performing supply chain organisations. Procurement can also have RPA do dynamic searches of websites to source or conduct market research for future buys and tenders.

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Addressing the Talent Gap in Logistics and Supply Chain

The Logistics & Supply Chain Management Society

The mismatch between the high demands by employers and the supply of logistics skills and knowledge is resulting in a growing gap in the logistics & supply chain market”. Talent gaps in logistics and supply chain, continues to be a top challenge and a source of high risk for many companies.