Freightos

JANUARY 3, 2024

More Resources Home January 3, 2024 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. Some carriers are shortening the “free time” N.

Negotiating Skills 156

Negotiating Skills Asia Optimal Sourcing Europe 156

Supply Chain Matters

NOVEMBER 7, 2023

Supply Chain Matters provides highlights of the realities of higher number of vessels among global ocean container shipping lines meeting contracting shipping demand levels that are now leading to headcount and schedule reductions. Background Ocean container shipping and logistics are the lifeblood of global supply chain movements.

Cost Reduction Strategies 59

Cost Reduction Strategies Global Industrial Industry 59

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. America East Coast peak of $22k/FEU.

Shipping 303

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Logistics Viewpoints

SEPTEMBER 22, 2023

In a final piece of holiday news, USPS has said will not levy an extra delivery surcharge during the winter peak season, saying the decision makes USPS “the most affordable way to mail and ship this holiday season.” The robots already work in Agility’s customer sites moving, loading and unloading totes.

Los Angeles 222

Los Angeles Material Savings Logistics Network Optimization Software Waste Reduction 222

Supply Chain Matters

JANUARY 12, 2024

In a prior Supply Chain Matters posting we called attention to a published CNBC report in mid-December indicating that Tesla informed production workers at the company’s gigafactory in Sparks, Nevada that certain set-rate hourly workers will be granted upwards of 10 percent wage increases in early January 2024. In 2021, the U.S.

California 52

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Logistics Viewpoints

JUNE 2, 2023

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.

Logistics Network Optimization Software 176

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Locus Robotics

JANUARY 22, 2024

In the warehouse, conveyor belts run nonstop while associates sprint to hit shipping metrics before the next wave of orders arrive. injuries (including strains, sprains, or even fatalities) per 100 workers in 2021, which is almost double the rate of 2.7 Prevent Injuries and Control Costs According to OSHA , warehousing reports over 5.5

Warehousing 52

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Supply Chain Matters

MARCH 6, 2024

In February of 2021, Supply Chain Matters highlighted a memorandum of understanding with global contract manufacturing provider Foxconn Technology for volume production. Shipping new vehicles from Austria to the U.S. Once more, the company has a stated goal to produce upwards of 22,000 vehicles in 2024. based dealer network.

Sourcing Strategies 52

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Supply Chain Matters

NOVEMBER 14, 2023

Rivian Automotive is now free to sell its EV parcel vans to other parcel carriers, and added reinforcement from multiple ocean container shipping carriers that the existing industry volume declines could extend for two to three years. production worker hourly wages starting in January 2024.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Cost Reduction Strategies 52

SCMDOJO

APRIL 15, 2024

Prime Membership: Amazon Prime – Subscription service offering benefits such as free two-day shipping, access to Prime Video, Prime Music, and exclusive deals. 2021: 1,608,000 Amazon Employees New hires: However, in 2022, they employed over 1.5 Sales by Region/Country: North America is likely the biggest contributor (395.64

Logistics Network Optimization Software 79

Logistics Network Optimization Software Inventory Reduction Sourcing Strategies Inventory Management Software 79

Supply Chain Matters

MARCH 27, 2024

A day has passed after a container ship lost power and crashed into a support pylon of Baltimore, Maryland’s Francis Scott Key Bridge in the early morning hours of March 26. Coast Guard authorities are assured that the bridge debris and/or underwater obstacles are sufficiently cleared for cargo ship navigation. All rights reserved.

Baltimore 52

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Supply Chain Matters

APRIL 12, 2022

MSC Mediterranean Shipping. In 2021, Tive reportedly grew its revenue over 300 percent, acquired more than 200 new customers and expanded its global footprint. The logistics unit further services a network of 85 maritime shipping agencies and operates three rail concessions. In August 2021, A.P. Panasonic Holdings.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Pharmaceutical Supply Chain Planning 52

The Logistics & Supply Chain Management Society

MAY 28, 2022

At the COP26 climate conference in 2021, more than 1,000 companies committed to adopt targets to reduce emissions in line with the Paris Agreement goals. With renewable electricity generation in 2021 experiencing the fastest year-on-year growth since the 1970s, solar power has become a major trend, seeing a record growth of 160 GW in 2021.

Sustainability 246

Sustainability Singapore Cost Reduction Strategies Vendor Strategies 246

Resilinc

MARCH 5, 2024

Navigate the top climate change issues set to impact the supply chain in 2024. Now, it is predicted that 2024 has a 99% chance of ranking in the top five warmest years. In fact, Resilinc’s CEO, Bindiya Vakil, named Climate Change as one of the top five supply chain megatrends for 2024. 2023 was the warmest year on record.

Supply Chain Planning Software 107

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Logistics Viewpoints

AUGUST 19, 2022

For merchants using FBA, Amazon handles the process of picking, packing, and shipping items. The delays caused Aurora to revise its expectations for producing road-ready trucks until the first half of 2024. percent in 2021 to $1.855 per mile, the highest on record. Leading contributors to this increase were fuel (35.4

Logistics Network Optimization Software 199

Logistics Network Optimization Software Supply Chain Planning Software Inventory Reduction Cost Reduction Strategies 199

Resilinc

AUGUST 30, 2023

Two weeks ago, 160 ships were stuck waiting to pass through the canal, carrying everything from auto parts, Barbie dolls, and diabetes test kits, according to Reuters. Some ships were delayed by as much as 21 days. 55 to 125 million gallons per ship, depending on size—to move ships through the canal.

Panama 62

Panama Modeling Supply Chain Planning Software Supply Chain Optimization 62

QAD

APRIL 4, 2024

Updated: April 4, 2024 Published: July 17, 2021 In today’s competitive food and beverage marketplace, events occur and challenges arise that impact the normal course of business. Suppliers, third party logistics suppliers, contract manufacturers , trucking and shipping companies as well as the most obvious, your customers.

Beverage 82

Beverage Agile and Lean Supply Chain Supply Chain Planning Software Food 82

Enterra Insights

AUGUST 18, 2021

They can also share with their customers up-to-date shipping times and delays. ” Once products are shipped, the IoT can also help manage those assets. 1] Staff, “ Manufacturers’ feel they are being left behind in the IoT race ,” Top Business Tech, 10 July 2021. [2] ” Supply Chain Game Changer, 19 June 2021.

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Optimization Agile and Lean Supply Chain Supply Chain Design 130

ToolsGroup

FEBRUARY 7, 2022

As 2021’s holiday shopping statistics proved, pandemic or not, consumers are willing to spend. (My When looking at global online sales, Salesforce reports 57% digital growth in 2020, and 16% growth in 2021, with eMarketer data predicting a continued increase through 2025. in 2021, compared to 42,000 sq. Data source: eMarketer.

Supply Chain Planning Software 177

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Supply Chain Matters

DECEMBER 28, 2023

percent increase reported for 2021. When carriers and services providers report there operational volume and financial performance that spans this year’s holiday period, we will be watchful as to whether added freight and surcharge rates drove additional revenues vs. offsetting shipping volume decreases or idled capacity costs.

Forecasting 52

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Logistics Viewpoints

APRIL 30, 2021

Applications are due by July 2021, with the program looking to reduce deforestation between 2022 and 2026. Part of this plan is to speed up its supply chain, primarily with a $100 million distribution center in Hendricks County, creating up to 500 jobs by the end of 2024.

Logistics Network Optimization Software 252

Logistics Network Optimization Software Supply Chain Planning Software Waste Reduction Price Reduction 252

Operations and Supply Chain Management

FEBRUARY 17, 2022

The former wartime airbase handled a record 1,655 international cargo arrivals in 2021, a 73% jump from 2019, and overall tonnage rose 18%. He’s expecting this year will be “very similar to 2021,” and “we’re pretty confident that we’ll continue to grow.”. Share of Global Shipping Vessels Arriving on Time. from 2020 and a 5.4%

America 52

America Pharmaceutical Supply Chain Design Software Supply Chain Planning Software 52

Supply Chain Matters

APRIL 4, 2024

The software and managed services of this provider were augmented with the acquisition of New South Wales based Pegasus in 2021. © Copyright 2024, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog. Founded in 2003, Utah based Avetta has reportedly deployed by 500 clients located in more than 130 countries.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software 40

ToolsGroup

AUGUST 1, 2022

Department of Commerce International Trade Commission , the percentage of retail sales sourced from ecommerce is predicted to increase into 2024–well beyond the lockdowns that caused the initial rise in ecommerce spend. Another NRF report showed that online sales comprised 23% of all retail sales in 2021. Image source: Shipping Easy.

Retail 296

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The Logistics & Supply Chain Management Society

JANUARY 3, 2024

in 2020 to 25.6 % in 2021, reaching a market size of $553 billion. For example, when I used to ship ice cream by reefer container to China from the west coast, the time on the ship was 12-18 days. This was the biggest escalation since the 31.8% increase in 2010, eleven years ago.

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 130

Freightos

DECEMBER 19, 2023

Some carriers were already extending service suspensions into 2024 as supply and demand are misaligned. Now, carriers will devote those extra vessels to services traveling longer distances and requiring more ships to keep to existing departure schedules. Asia – N. On the transpacific, ocean rates were stable overall last week.

Negotiating Skills 223

Negotiating Skills Asia Europe Optimal Sourcing 223

Resilinc

JULY 26, 2022

Among top PC makers, only Apple showed growth in unit sales, shipping 9.3% more units than it did in Q2 2021, according to Gartner’s estimates. In guidance released ahead of its quarterly report, Samsung estimated a 21% bump in revenues and 11% increase in profits over Q2 2021. YOY—the sharpest drop in nine years.

Manufacturing Procurement 62

Manufacturing Procurement Gartner Inventory Reduction Price Reduction 62

The Logistics & Supply Chain Management Society

MARCH 22, 2022

How Shipping Can Help Save The Planet. But to be honest, the shipping industry is as much of a culprit. Meanwhile, reports estimate that shipping contributes 3%, or a staggering 1 billion tonnes of CO2. Meanwhile, reports estimate that shipping contributes 3%, or a staggering 1 billion tonnes of CO2. Size Matters.

Expense Reduction 245

Expense Reduction Cost Reduction Strategies Shipping Resource Reduction 245

Intelligent Audit

DECEMBER 12, 2022

By the end of 2021, bottlenecks at ports stretched into the Pacific Ocean. Over 100 ships waited to unload containers in December at Los Angeles and Long Beach, the U.S. for the 12 months ending December 2021, the largest calendar-year increase since data were first calculated in 2010. compared to September 2021.

Cost Reduction Strategies 52

Cost Reduction Strategies Price Reduction Inventory Reduction Negotiating Skills 52

QAD

MAY 23, 2023

It’s easy to forget about where materials come from when you’re holding a product in your hand or looking for a supplier that can offer a great deal and reliable shipping, but many of those items come with ESG implications. million people were in forced labor in 2021, with children accounting for more than 12% of that total.

Procurement Solutions 94

Procurement Solutions Supply Chain Planning Software Supplier Management Modeling Software 94

ModusLink Corporation

DECEMBER 13, 2022

Carrier rates are declining across the board, and Seatrade Maritime News reported an “expected trough of freight rates to mid-2023 from 2024 with a lower demand forecast and a higher than expected effective capacity increase due to the unwinding of congestion. Container shipping to hit bottom in mid-2023, forecasts HSBC. <[link].

Agile and Lean Supply Chain 78

Agile and Lean Supply Chain Supply Chain Software Supply Chain Planning Software Trends 78

Locus

JUNE 16, 2023

This phase isn’t just a logistical necessity—it swallows up between 40-55% of total shipping costs. A recent analysis by the American Trucking Associations (ATA) indicates that if existing trends persist, we could see a potential driver shortage reaching up to 175,000 by 2024.

Cost Reduction Strategies 98

Cost Reduction Strategies Expense Reduction Price Reduction Inventory Reduction 98

Synovos

JULY 24, 2023

In November 2021, RS launched its 2030 ESG action plan, entitled ‘For a Better World’, which has four global goals and 15 ambitious actions for 2030. This has been made possible through modal shifts from air to sea or air to road and optimizing its supply chain to source, store and ship more products locally.

Inventory Reduction 52

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Intelligent Audit

NOVEMBER 22, 2022

9, Supply Chain Dive published the thoughts of four ocean shipping industry leaders in response to the question, “ What should ocean shippers expect this peak season? ” . By implementing drone shipping in some parts of their service areas, Amazon hopes to optimize shipping and improve delivery speed. Roughly 2.5%

Turkey 52

Turkey Supply Chain Design Software Optimal Sourcing Price Reduction 52

Proxima

OCTOBER 24, 2023

Fueled by Covid, war, and supply shortages, inflation rates across key global markets including the UK and US have remained over the 2% target rate since April 2021, peaking at 11% and 9% respectively, in 2022. But what goes up, must eventually come down.

Negotiating Skills 59

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Locus

AUGUST 2, 2022

Managing delays and delivery exceptions successfully Minimizing risks in shipping and saving money on every delivery Reducing operational shipping expenses and maintaining high profits Maintaining consistency in delivering products on time Cutting down extra costs incurred due to high volume of returns. It involves.

Modeling 52

Modeling Modeling Software Optimization Modeling Trends 52

Vinculum

OCTOBER 20, 2020

Vietnam is one of the up-and-coming destinations for shipping and selling your products through eCommerce. Statistics state that the eCommerce market in 2024 will scale up to US$4.4bn with a compounded annual growth rate of 7.1% by 2024, which is more than 20% as against the current year. Shipping to Vietnam.

Vietnam 52

Vietnam Shipping Demand Planning Software Electronics 52