Freightos

DECEMBER 19, 2023

More Resources Home December 19, 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 were level at $5.86/kg America traffic.

Negotiating Skills 227

Negotiating Skills Asia Europe Optimal Sourcing 227

Cathy Roberson

MAY 3, 2021

If 2020 was the year of B2C, 2021 could likely be the year of B2B. A Middle-East-based B2B online platform, Tradeling, launched last year with an initial investment from Dubai Airport Freezone Authority to help businesses across the Middle East and North Africa to procure goods from around the world.

Supply Chain Planning Software 98

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Enterra Insights

NOVEMBER 22, 2021

A decade ago, supply chain analyst Trevor Miles ( @milesahead ) wrote, “I almost feel that we should be shouting ‘Vuka’ which in Xhosa (one of the South Africa languages) means ‘wake up.’ They write, “Supply chains across the globe need a better mousetrap to keep freight spend under control and efficiently manage freight.

Supply Chain Planning Software 130

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Turvo

DECEMBER 7, 2021

Why is freight pricing reaching historical records? According to the Shanghai index (SCFI) , freight is around $2,900 for twenty-foot containers (TEUs), almost three times the $1,000 registered in the first week of January 2020 and 3.6 The cost of transporting a container by ship has tripled since extreme confinement was lifted.

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Supply Chain Game Changer

SEPTEMBER 27, 2021

However, these regulations apply when the wooden pallets are shipped to other countries, such as Africa. Originally written for Supply Chain Game Changer an d published on September 27, 2021. The regulations of ISPM-15 are not applied when the wooden pallets are shipped to the US or Canada. Are Plastic Pallets Exempt From ISPM-15?

Shipping 95

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Intelligent Audit

MAY 24, 2021

May 24, 2021 — Intelligent Audit, the renowned leader in global multi-modal freight audit and transportation spend analytics, once again has been recognized among Inbound Logistics magazine’s 2021 Top 100 Logistics IT Providers. Europe, Asia, Latin America, and Africa. ROCHELLE PARK, N.J.,

Logistics Network Optimization Software 52

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Supply Chain Shaman

MARCH 21, 2022

Deaths in Hong Kong are at a record level as COVID outbreaks slow freight at Shenzhen and Qingdao ports in China. Very little freight is moving with prices skyrocketing and many rerouting containers to Ningbo. Rail freight through Russia increased 40% last year. bound Chinese exports– is open. On paper, it makes sense.

Modeling 276

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Supply Chain Shaman

JULY 15, 2021

I loved the summary in the Economist article published on July 3, 2021, The Long Goodbye to COVID 19. Economist July 3, 2021. Global Chinese imports soared 61% in the first two months of 2021, and will become worse for the holiday period. Labor shortages abound for road freight. Current state: Vaccinations Drive Normalcy.

Supply Chain Design Software 367

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Logility

DECEMBER 20, 2022

Germany, South Africa, and South Korea were abundant in 2022. Labor issues raised many challenges in 2022, and the outlook remains unsteady, especially in the shipping industry, as we head into 2023. Labor actions like strikes in the U.S., The Russia-Ukraine war and China’s rising Covid lockdowns add to the congestion problems in 2023.

Optimal Sourcing 130

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Freightos

DECEMBER 19, 2023

But with alternative routes and plenty of excess capacity available, operations should continue reasonably well, and freight rates are unlikely to spike to extreme highs. With the other major carriers also rerouting now, it is likely freight rates will rise for Asia – N. Shipping through the Suez Canal will take more time.

Freight 250

Freight Negotiating Skills Yemen 250

Abivin

DECEMBER 5, 2022

This is due in part to the chokepoints they cause in the flow of global freight as well as the fact that they give people access to resources and commercial activity more effectively. It serves as a detour for ships traveling between ports in Europe, America, and ports in southern Asia, eastern Africa, and Oceania.

Panama 52

Panama Egypt Asia 52

Supply Chain Matters

DECEMBER 20, 2023

Supply Chain Matters alerts clients and readers to a potential replay of the 2021 disruption in global shipping and cascading supply chain disruption as a result of recent events. The somewhat good news is that global freight volumes have contracted considerably from what they were in 2021.

Global 52

Global Panama Asia 52

QAD

JUNE 28, 2022

Or, consider the recent 2021 case where fast fashion maker and retailer, Boohoo , lost over a £1 billion in company value when it was uncovered that suppliers were paying less than minimum wage. In January 2021, the World Economic Forum reported that “eight supply chains account for more than 50 percent of all carbon emissions.”

Cost Reduction Strategies 91

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Logistics Viewpoints

FEBRUARY 24, 2023

In October 2021, Amazon adopted a flexible approach to let managers of individual teams decide how many days corporate employees would work in the office. Speaking of electric semis, Uber Freight , WattEV and CHEP have announced a strategic, joint effort to deploy electric trucks on select routes in Southern California.

Logistics Network Optimization Software 221

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Logistics Viewpoints

JANUARY 19, 2024

Red Sea news: Air freight rates could spike as Red Sea attacks disrupt shipments Global trade drops 1.3% Red Sea news: Air freight rates could spike as Red Sea attacks disrupt shipments Global trade drops 1.3% Air freight can slash delivery times to just a few days compared to weeks taken by ocean carriers.

Logistics Network Optimization Software 254

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Logistics Viewpoints

JULY 8, 2022

The top five most expensive global ports for detention and demurrage (D&D) fees on cargo containers are all in the US, where such charges have increased during 2022 even as global average fees have fallen from their record highs of 2021, according to a report from logistics technology provider Container XChange. This is not normal.

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Logistics Viewpoints

JANUARY 5, 2024

It has forced ships to reroute around the southern tip of Africa, driving up the cost for vessels for the longer voyage, though rates are still far below pandemic levels reached in 2021. Even with the new investments, it will still be shy of the near-$38 billion valuation that the company hit in 2021.

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