Freightos

JUNE 15, 2021

Disclaimer: This article is a zoom out for the less freight-inclined. If you have a deeper understanding of freight, you might want to check out our Freightos Baltic Index daily container index instead. Let’s talk freight. . And it’s not just ocean freight. A third of all cargo is carried in passenger planes.

Global 397

Global Supply Chain Price Reduction Supply and Demand 397

Logistics Viewpoints

FEBRUARY 2, 2024

UPS is seeking alternative strategies for its truck brokerage business, which has seen sales plummet amid a freight recession marked by declining rates and over capacity. More than $728 million is on the way to communities around the nation to bolster intermodal freight infrastructure. The money is coming through the U.S.

Cost Reduction Strategies 234

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The Logistics of Logistics

OCTOBER 25, 2023

Mark spent over 7 years in leadership with the second largest freight brokerage in North America, Total Quality Logistics. In 2017, Mark recognized a need for logistics service providers to have better access to cost effective All-Risk Shipper’s Interest Cargo Insurance with focus on Mexico. Mark earned a B.S.,

Mexico 247

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Freightos

SEPTEMBER 14, 2022

The low rates that triggered Hanjin’s bankruptcy in 2017 quickly became a thing of the past, as surging demand, congestion, and a litany of global shipping catastrophes pushed ocean freight rates into the stratosphere. Including, of course by leveraging global freight tech for BCOs. The Weekly Freight Update. View weekly update.

Logistics 156

Logistics Cargo Comparison Freight 156

The Logistics & Supply Chain Management Society

OCTOBER 14, 2021

Singapore 12th August 2021: Recognising the heightened focus on overall supply chain performance due to increased disruption and challenges, shippers, manufacturers and beneficial cargo owners (BCO’s), are increasingly faced with soaring freights rates and what they, correctly or otherwise, perceive to be sub-standard or inferior service.

Logistics Network Optimization Software 245

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The Logistics of Logistics

FEBRUARY 12, 2021

Predict and Prevent Freight Damage with Ilya Preston. Ilya Preston and Joe Lynch discuss ways to predict and prevent freight damage. Freight damage is not only expensive and upsetting to customers, but it is also ridiculously hard to figure out where, when, and how it occurred. Key Takeaways: Predict and Prevent Freight Damage.

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The Logistics of Logistics

SEPTEMBER 23, 2022

Jeff is the CEO of Tucker Company Worldwide , the oldest privately-held freight brokerage in North America, specializing in notoriously complicated freight, like temperature-controlled, oversized, and high-value, high-security shipments. Jeff Tucker and Joe Lynch discuss the Breakbulk Americas conference. About Jeff Tucker.

America 182

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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. 2021 marked DB Schenker’s 51st year in Singapore. With longstanding strategic partnerships with the carriers, they were able to switch freight modes with ease, even amidst the tight market. Singapore’s Status a Global Hub.

Singapore 246

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Zipline Logistics

JANUARY 4, 2021

It was a tale of two freight markets during the past year due to the global pandemic that reshuffled consumption and commerce. We saw historic freight lows in the winter and early spring, followed by landmark highs in the summer and the remainder of the year. ” Expectations for the Trucking Market in 2021 .

Freight 52

Freight Purchasing Skills Logistics Network Optimization Software Trends 52

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

To help our customers keep track and make informed decisions about their freight transportation options, we have developed “ a logistics eco-calculator” hosted on our website. LogiSYM Supply Chain Magazine – September 2021. Synopsis: GeTS Webinar 9th Sept 2021. Photo Credit: United Airlines. Acting for Responsible Trade.

Resource Reduction 242

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GlobalTranz

NOVEMBER 17, 2021

A 2021 Peak Shipping Season survey conducted by Edelman Intelligence found hiring to be a strong concern among supply chain decision makers with 90% having a strong need to increase hiring to account for peak season and beyond. Higher freight volumes. Download the Report: 2021 Peak Shipping Season Survey. Download Report.

Shipping 232

Shipping Cost Reduction Strategies Industrial Industry 232

Freightos

NOVEMBER 11, 2021

The ”end” they refer to – whether it’s forwarding, fulfillment, or platforms for B2B or B2C sales – remains fairly ambiguous, spanning an acquisition of fashion logistics company HUUB in September 2021 to an investment in rapid fashion production company Unmade. Accelerating the shift. Image via StarAir.dk). Enter Big Tech.

Price Reduction 177

Price Reduction Logistics Network Optimization Software Cost Reduction Strategies Expense Reduction 177

Intelligent Audit

JULY 14, 2022

Cargo vessels, planes, and semi-trucks portray freight transportation as they cross great distances to get loads to their final destination. However, without the correct paperwork, freight can’t leave the ground. dollars in 2021. dollars in 2021. Visible Damage is the Most Common Cause for Freight Claim.

Logistics Network Optimization Software 52

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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

Cargo Industrial Industry Expense Reduction 57

CH Robinson Transportfolio

AUGUST 17, 2021

For global freight shippers, managing disruption comes with the job. Supply chain disruptions that consist of port and terminal congestion, shipping delays due to high cargo volumes, lack of labor due to Covid-19 and limited space have caused a myriad of challenges for shippers. After mergers and consolidations, only 9 remain in 2021.

Shipping 94

Shipping Global Cargo Demand Planning Software 94

Freightos

FEBRUARY 28, 2022

Which brings us to international freight. trillion dollars in 2021 , up 13% from 2019. The cost of importing a 40’ container from China to the United States West Coast grew 1,000% from $1,800 in 2019 to over $20,000 in September 2021 according to our Freightos Baltic Index (FBX). and a shifting international format mix.”.

Negotiating Skills 177

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The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

When moving cargo, can shipments be consolidated more? Tim has crafted delivery solutions for many e-commerce clients and managed the supply chains for several chemical and freight forwarding companies. LogiSYM Supply Chain Magazine – September 2021. Synopsis: GeTS Webinar 9th Sept 2021. Can pallets weigh less?

Asia 245

Asia Supply Chain Planning Software Logistics Network Optimization Software Vendor Strategies 245

Freightos

OCTOBER 31, 2022

His Kickstarter campaign launched in January of 2021 and raised over $3 million dollars. . But then global freight kicked in. . It really got tricky when we hadover thousands of unitsin production and were starting to book freight and suddenly realized that the cost of freight was almost 4 or 5X what we had budgeted.

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Planning Supply and Demand Supply Chain 156

DELMIA Quintiq

MARCH 29, 2023

Interestingly, it wasn’t until mid-2021 that the expenditure on services recovered on the same level. This meant a huge movement of goods from East Asia to Western Europe and America, creating an asymmetry in demand as well as freight rates. Similar behavior was seen across road transport and air cargo.

Logistics Network Optimization Software 156

Logistics Network Optimization Software Supply Chain Planning Software Optimization Software Demand Planning Software 156

Operations and Supply Chain Management

OCTOBER 18, 2021

Forecasting Shipping Delays; Cargo Swamps Airports; Alibaba’s Challenge. Freight heavyweight J.B. Hunt’s third-quarter earnings signal a strong market for freight operators, but increasingly restrained economic forecasts suggest clouds on the horizon. Cargo Facts). Copyright 2021 Dow Jones & Company, Inc. |

Forecasting 52

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CH Robinson Transportfolio

AUGUST 27, 2020

After an extremely volatile first half of the year, the challenges in the air freight market look set to continue into 2021, requiring both foresight and forward planning from businesses. A turbulent six months for air freight. This caused an overheated market, with the price of air freight increasing by as much as 400%.

Supply and Demand 66

Supply and Demand Modeling Capacity Price Reduction 66

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.

Inventory Reduction 62

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The Logistics & Supply Chain Management Society

MARCH 14, 2023

Rates are now starting to stabilise and for ocean freight especially, we are seeing rates closer to pre-COVID levels. Freight procurement is the mainstay of any supply chain professional but price is not the be-all and end-all. What tools we can use to benchmark ocean freight and carriers’ service reliability?

Optimal Sourcing 130

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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. percent in November.”

Freight 52

Freight Purchasing Skills Procurement Analytics Agile and Lean Supply Chain 52

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.

Freight 52

Freight Manufacturing Procurement Los Angeles Purchasing Skills 52

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. After the shipper broadcasts its freight transportation needs, carriers submit their offers for winning the business.

Freight 52

Freight Optimal Sourcing Modeling Network Optimization 52

Intelligent Audit

JULY 29, 2021

As the delta variant provides an added layer of uncertainty throughout the world, experts frantically search for solutions as peak season shipping 2021 approaches. The second half of 2020 featured new growth and unprecedented demand in the world’s economy that has yet to slow and will continue to grow as peak season approaches in 2021.

Shipping 45

Shipping Inventory Reduction Cost Reduction Strategies Price Reduction 45

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. In total, McKinsey estimates that $80 billion in funding was made in logistics startups in 2021. billion for the same period in 2021. of the total $80 billion in funding.

Reverse Logistics 62

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Freightos

JANUARY 3, 2024

As a result, widespread reroutings of ocean container traffic away from the Suez Canal continue, and ocean freight rates have begun to spike. This dispatch includes an update on the attacks and the ensuing implications for global freight. So far there have not been reports of any significant air cargo bump, though.

Shipping 306

Shipping Negotiating Skills Asia Yemen 306

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.

America 52

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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. Lucy Handley @LUCYHANDLEY.

Cost Reduction Strategies 52

Cost Reduction Strategies Demand Planning Software Supply Chain Software Price Reduction 52

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. The Suez Canal, one of the most important waterways in the world, was accidentally blocked by MV Ever Given between March 23rd and 29th 2021.

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Supply Chain Game Changer

MAY 16, 2022

Featuring Our Top 16 Articles on Freight and Logistics! According to a report, in the year 2021, the logistics industry in India was valued at 250 billion US dollars! The company is the choice of businesses that want hassle-free EXIM Cargo services. Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer.

India 95

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Intelligent Audit

FEBRUARY 3, 2022

In freight auditing, freight audit advisors work with freight shippers to ensure that all charges are accurate and to prevent wasting money. With the volatility of 2021 still in mind and uncertainty heading into 2022, the whole industry feels a bit apprehensive. What Freight Auditing Is and Why It’s Important.

Freight 52

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Supply Chain Game Changer

AUGUST 18, 2021

There are many carriers and shipping companies specializing in the transportation of different types of cargo in different vehicle types. Trucking services deal with small or large shipments, and special provisions are available for special types of cargo such as fragile, perishable, or volatile commodities.

Logistics Network Optimization Software 98

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The Logistics & Supply Chain Management Society

MAY 21, 2021

Protect freight, optimize fleet use, deliver services that scale, even improve driver safety—these are just a few things you can achieve using the right IoT Solutions. Connected Freight: Connected freight protects you from lost or damaged goods. Our CargoNOW (Virtual) Exhibition 2021 is still OPEN till 16 June 2021!

Asia 130

Asia Logistics Network Optimization Software Analytics Software Predictive Analytics 130

Cathy Roberson

AUGUST 1, 2022

Consumers continue to spend but not at the same rate as in 2021 and not on the items they couldn’t get enough of last year – furniture, appliances, exercise equipment, loungewear, etc. A Digital 360 2021 survey found that 45% of consumers opt for BOPIS because they do not want to pay for shipping.

Inventory Reduction 96

Inventory Reduction Forecasting Cost Reduction Strategies Forecasting Software 96