Freightos

JULY 22, 2021

If you were building a house in 2021, things got rough. The cost of lumber skyrocketed from $354 / 1000 board feet in May 2020 up to $1,683 in May 2021 1. Global freight, typically a behind the scenes actor that moves everything we eat, wear and use by air and ocean, may be a major culprit in rampant inflation. .

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GlobalTranz

DECEMBER 30, 2021

2021 will be remembered as an unprecedented year of supply chain disruption and market volatility creating a host of challenges for shippers and carriers alike. Without further ado, here are GlobalTranz’s top posts of 2021: #1. The State of the Trucking Market in 2021. 5 Transportation Management Optimization Practices.

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The Logistics of Logistics

APRIL 21, 2023

Joe Lynch and Chris Pickett discuss what’s next for the freight market. Chris is the Chief Operating Officer at Flock Freight , a technology company that is on a mission to solve the US trucking industry’s wasted capacity problem. in Industrial & Systems Engineering from Virginia Tech, an M.Eng.

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E2open

JANUARY 19, 2023

(NYSE: ETWO), the connected supply chain SaaS platform with the largest multi-enterprise network, today released the Q4 2022 edition of its Ocean Shipping Index, a quarterly report that offers data-driven insights to better manage the movement of goods around the globe and on key lanes between Asia, North America, and Europe.

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The Logistics & Supply Chain Management Society

OCTOBER 15, 2021

IQAX is an independent entity with a deep understanding of ocean shipping and a strong heritage in global trade digitalisation and logistics visibility. Synopsis: IQAX Webinar 29th Sept 2021. De-Carbonising Road Freight Operations: Bridging the Know-Do Gap. LogiSYM Supply Chain Magazine – October 2021. Green Skies?

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Freightos

JANUARY 15, 2024

The implication for global freight beyond the now typical uncertainty is predictably elevated operational costs and soaring freight rates. This is a significant shift from late 2021, when 93% faced serious disruptions. In other words, while demand was dropping, supply of capacity was increasing.

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The Logistics & Supply Chain Management Society

JANUARY 14, 2021

Hence, at the end of 2020 stands the legitimate question: What is it that we really achieved in 2020, and what is in store for 2021? The creation of the Digital Container Shipping Association (DCSA) and an increasing number of startup challenges, incubators etc. Digitisation: Shifting Gears in 2021. marked the development.

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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. Container shipping costs are usually shockingly low.

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Logistics Bureau

DECEMBER 6, 2021

However, freight shipping is the one activity that presents significant barriers to overseas-market entry, as you may have discovered if your business is starting to look across international borders for its next step in expansion. Container Shipping Can be Tough for SMEs. Challenge #1: High Costs and Confusing Pricing.

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The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

But decisions about how many barrels to produce or how many ships to sail have to be made in advance. Is ocean freight pricing broken? As ocean carriers were just signing checks to build massive ships, the global financial crises hit and shipment volumes sunk like a Led Zeppelin. Was it profiteering? And it can be fixed.

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The Logistics of Logistics

APRIL 10, 2024

Beyrouti’s expertise was further utilized in assisting the Dubai government with the “Dubai Plan 2021”. A significant milestone in Beyrouti’s career was his role as the Senior Director of Delivery Solutions, a pivotal position where he led the revenue operations in marketing, strategy, and sales events from 2021 to 2023.

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Ware2Go

JUNE 20, 2023

See the latest insights on ocean freight rates and other trends that fast-growing businesses should know about to plan for 2023 peak season. In this article: Ocean Freight: Key Stats & Industry News Ocean Freight Shipping: What to Watch For In 2023 Freight Shipping From China & Alternatives What Are The Current Ocean Freight Rates?

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3PL Insights

NOVEMBER 15, 2021

Amidst all of these stories of shortages and bottlenecks, we thought it would be helpful to explain the basics of shipping ocean freight. In this article, we will explain the shipping process, identify the different types of cargo, and show the benefits of ocean freight shipping. What is Ocean Freight?

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The Logistics & Supply Chain Management Society

APRIL 26, 2022

Greener Shopping and Shipping: The Rise of Carbon Neutral e-Commerce Delivery. There is a long way to go, particularly for brands whose products are shipped thousands of miles to reach overseas customers, requiring air freight transportation to keep within acceptable delivery times.

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Zipline Logistics

JUNE 29, 2021

The freight market has been on the receiving end of several systemic shocks that continue to affect industry providers and shippers alike. And when you add in the current labor and commodity shortages along with an inflationary environment, it is apparent why freight rates have been steadily climbing.

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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. Ocean Shipping. Air Shipping.

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Enterra Insights

JANUARY 21, 2022

Before starting such planning, however, they would do well to reflect on how things changed during the 2021 holiday shopping season. 2021 Holiday Retail Trends. Logjams characterized supply chain woes leading up to the holidays, which resulted in many products ending up stuck on ships or in ports waiting to be offloaded.

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Talking Logistics

JULY 23, 2021

At mile 16, I learned that Uber Freight is acquiring Transplace (a Talking Logistics sponsor). Read more Above the Fold: Supply Chain Logistics News (July 23, 2021). The post Above the Fold: Supply Chain Logistics News (July 23, 2021) appeared first on Talking Logistics with Adrian Gonzalez.

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Logistics Viewpoints

DECEMBER 6, 2023

Most notably, item shortages (purple) and stockpiling (red) were large contributors to 2021-2022 volatility. Container Shipping There have been recent reports publicizing the rapid decline in container shipping rates. In reality, 2021 and 2022 rates increased by multiples of the average over the four prior years.

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Zipline Logistics

APRIL 4, 2023

Freight Market California’s AB5 AB5 has the potential to destabilize the trucking market in California, which can create a variety of issues for shippers moving freight in and out of the state. Large impacts on the freight market remain to be seen. CNN continues to provide real-time war coverage here.

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CH Robinson Transportfolio

NOVEMBER 19, 2021

webinar of 2021, my colleagues and I provided analysis on today’s leading freight shipping topics, including the potential impact of the U.S. We answered questions live, but there were many great freight shipping questions submitted that we didn’t have time to address. In the final Market Insights Live!

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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.

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3PL Insights

SEPTEMBER 20, 2021

With e-commerce on the rise, supply shortages, and COVID-19 restrictions causing shipping delays, this will prove to be a challenging year for order fulfillment. After the shipping delays and supply shortages that were caused by COVID-19, many businesses have opted to keep more inventory on-hand in distribution centers. Labor Shortage.

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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. While high, the shipping costs typically paled in comparison to the lost sales due to inventory shortages.

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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 .

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Freight Center

JANUARY 19, 2021

Don’t let the supply chain and business shipping issues you had in 2020 weigh you down in 2021. We’re counting down the top 8 shipping faux pas to avoid in 2021, so you can get started off on the right foot when it comes to your shipping strategy!

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The Logistics of Logistics

JUNE 23, 2022

When asked what peak season is, it’s easy to assume the holidays are the only peak shipping season. However, four shipping seasons occur throughout the year and are often regular and expected. That was the case until the ongoing disruptions of the past few years changed the shipping game. Q2: The Produce Shipping Season.

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QAD

JANUARY 4, 2022

The Oxford Languages and Merriam-Webster dictionary folks have advanced “Vax/vaccine” as 2021’s word of the year, but we think it really should be “disruption.” 2021: A Year of Continued Disruption…for All Industries. International and domestic shipping disruptions. Rise in ocean freight rates.

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Zipline Logistics

OCTOBER 5, 2021

According to a Logistics Management survey of industry professionals, “there is a strong sentiment that the 2021 Peak Season will be more active than it was a year ago, with 79% of respondents indicating that will be the case, with 16% contending it will be similar to 2020, and 5% expecting it to be less active.”.

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Freight Center

DECEMBER 22, 2020

But, even with the unpredictability variable always at play, there are ways you can prepare for a better shipping year ahead. With all the surprises, curveballs, and challenges we’ve all faced, supply chains of all sizes were tested more than they ever were in recent years.

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Freight Center

JANUARY 7, 2021

We’re sure you’re hoping for better things to come in 2021 – we are too! When it comes to your supply chain and small business shipping strategy, and we have some good news to share with you!

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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.

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Intelligent Audit

DECEMBER 29, 2021

Understanding the state of holiday shipping and learnings for the next peak season means realizing that rates are always going to jump-start near Halloween. Air freight Is Rising. Air freight rates have been a major story throughout 2021. kg, according to the Freightos Air Freight Index. Rail Rates Are Increasing.

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Supply Chain Game Changer

JULY 2, 2021

Shipping container shortage article and permission to publish here provided by Sam White at Argentus. The massive global shipping squeeze. In their story about the shipping shortage, the CBC quoted shipping analyst Alan Murphy, who detailed how this changing demand has massively disrupted the global shipping market.

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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.

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Intelligent Audit

MARCH 15, 2022

The complexity of the transportation and shipping market continues to complicate even the most basic of transport services. International freight audit software can make it easier to manage freight costs, profits, and budgeting concerns. . from 2021 to 2028. New Systems Aren’t Necessarily Designed to Share Data.

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Supply Chain Game Changer

AUGUST 13, 2021

Right shipping boxes article and permission to publish here provided by Dan Martin. Choosing the right kind of shipping boxes may be more complicated than you think. These boxes should be able to withhold the external factors during shipping. Durable boxes maintain the quality and integrity of the shipped items.

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