Freightos

APRIL 25, 2024

Following the post-COVID slump in 2022, global air cargo demand saw a recovery starting early 2023 with a notable 11% year-over-year increase in volumes from December 2023 through February 2024, according to IATA, with much of this rebound attributed to B2C e-commerce volumes. These rates dipped to around $3.50/kg

Cargo 274

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The Logistics & Supply Chain Management Society

DECEMBER 21, 2021

As we look forward to 2022 and beyond, the overall guidance must be “prepare for anything.” IDC expects spending on Digital Transformation (DX) on the top 5 use cases – smart warehousing, freight management, optimized operations, supplier network management, and predictive network inventory orchestration – to hit USD $33Bn in 2022.

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3PL Insights

JANUARY 17, 2023

FedEx also announced rate increases for 2023, averaging 6.9% for freight rates. This includes the surcharges introduced in 2022 which were: Additional Handling and Oversize surcharges for U.S. Fuel surcharge increase for FedEx Express, FedEx Ground, and FedEx Freight shipments. Medium flat-rate box $17.05 $17.10

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Freightos

JANUARY 15, 2024

And the answer lies in how their 2023 went too. The implication for global freight beyond the now typical uncertainty is predictably elevated operational costs and soaring freight rates. With this fresh in mind, how are small and medium-sized importers preparing for 2024?

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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.

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Freightos

JUNE 6, 2023

The Initial Hurdle: 2021’ Freight Fiasco During the COVID-19 pandemic, Conor from Fort Toys , like many other entrepreneurs, found himself dealing with skyrocketing demand… and skyrocketing freight costs. The inventory trend that emerged from ShipBob’s data seems to be extending into 2023. The key takeaway?

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Logistics Viewpoints

JANUARY 12, 2024

In 2023, Amazon experimented with new logistics strategies and technologies to quickly fulfill and deliver orders, and these changes paid off big. Amazon shipped last-minute Christmas gifts faster in 2023 than in 2022, according to data from analyst firm Momentum Commerce. percent versus in 2022, where 17.6

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ModusLink Corporation

DECEMBER 13, 2022

With so much disruption fresh in mind, looking toward 2023 feels a bit more stable for every warehouse and distribution channel. However, the instability around the risk of recession remains, and knowing the top supply chain trends to watch in 2023 will help your organization prioritize operations and succeed.

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Logistics Viewpoints

FEBRUARY 9, 2024

This follows a series of incidents in which Flex drivers, who use their own cars for deliveries, have reportedly been met with violence or threat by residents: since 2022, five Flex drivers have been shot in four different incidents and five others said they have had guns drawn on them. Bank Freight Payment Index.

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Freightos

SEPTEMBER 20, 2023

More Resources Home Spy Planes to Shipping Rates: Developing the Next Generation When Nothing Is Really Broken Eytan Buchman September 20, 2023 Unbox your Freight knowledge. Besides how interesting the full three hour podcast was, I had a few other takeaways that will bring us back to freight (but still stay in the air!).

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Freightos

NOVEMBER 15, 2023

More Resources Home November 15, 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 decreased 3% to $5.56/kg

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The Logistics & Supply Chain Management Society

APRIL 19, 2023

Apart from rapid technological advances and automakers succumbing to the EV competition by 2023, paying attention to the current market shifts is vital for navigating one of the most interesting and challenging environments of the last century. In 2022, mainland China’s vehicle production was approximately 26.1 million cars.

Agile and Lean Supply Chain 130

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Supply Chain Digest

APRIL 12, 2023

Port Delays Way Down from 2022. IMF with Dour 2023 Growth Forecast. Growing Levels of Double,Brokering Freight Fraud Amazon Charging Small Fee for some Returns.

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E2open

JANUARY 19, 2023

AUSTIN, Texas – January 19, 2023 – E2open Parent Holdings, Inc. The e2open Ocean Shipping Index Q4 2022 Report shows that as of January 1, 2023, it takes a company an average of 63 days to deliver goods to truck or rail carriers after booking with an ocean carrier and completing the cross-ocean journey.

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Logistics Viewpoints

JULY 26, 2024

and global ports, with highly complex air freight systems suffering the heaviest hit, as global airlines grounded flights. and global ports, with highly complex air freight systems suffering the heaviest hit, as global airlines grounded flights. In FY 2023/24, the SCA’s revenue fell to $7.2 billion from $9.4

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Resilinc

APRIL 19, 2023

Resilinc’s supply chain disruption data for Q1 2023 is here — while overall disruptions are leveling off, there are some new risk types experiencing major shifts. Resilinc data shows a 55% jump in alerts about bankruptcies from Q4 2022 to Q1 2023 and a 90% increase in corporate restructuring alerts.

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The Logistics & Supply Chain Management Society

JANUARY 3, 2023

So for 2023 I have some things for all of us to look for. Infrastructure takes time to get into place, and several companies in 2022 have been busy doing just that. In 2023 as well I predict that Japan will put into action efforts to rapidly increase their production capacity for SAF fuels. Air and Ocean Infrastructure.

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Supply Chain Shaman

APRIL 18, 2023

In March 2023, the Global Supply Chain Pressure Index fell to the lowest level since November 2008. As consumer spending fell, the days of escalating ocean freight and extreme shipping variability eased this year. In March 2023, the level of disruption fell to a level seen in November 1998. Unrest in Sudan.

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Logistics Viewpoints

FEBRUARY 17, 2023

network this year after its initial success at select facilities in 2022. network this year after its initial success at select facilities in 2022. The company plans to invest $140 million in the initiative in 2023 as it implements the technology at its 940 remaining U.S. And now on to this week’s logistics news.

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Intelligent Audit

JANUARY 17, 2023

With 2022 now in the past, key players in the transportation industry are reflecting on the wins, losses, and toss-ups of 2022. For UPS , the end-of-year peak season shipping boom gave them a chance to strut their stuff, while for FedEx CEO Raj Subramaniam, 2022 held challenge after challenge. 24, UPS delivered 97.5%

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Supply Chain Matters

JANUARY 17, 2023

The Ferrari Consulting and Research Group through its affiliate the Supply Chain Matters blog shares select individual prediction snapshots that are included in our annual 2023 predictions for industry and global supply chains research advisory. Background. Prediction Background.

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Logistics Viewpoints

SEPTEMBER 27, 2023

There were 582 supply chain events reported across the United States and Canada in the second quarter of 2023, a 57 percent increase when compared to the second quarter of 2022, according to the latest CargoNet report. Cargo Theft Tactics Cargo theft comes in many shapes and sizes.

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Supply Chain Matters

APRIL 7, 2023

freight rates have reached their lowest levels in nearly six years. In essence, it is confirmation of a freight recession condition. In essence, it is confirmation of a freight recession condition. The sub-index index Transportation Utilization of 50 was noted as indicating no upward movement for the first time in 2023.

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Supply Chain Matters

JANUARY 10, 2023

The Ferrari Consulting and Research Group through its affiliate the Supply Chain Matters blog shares select individual prediction snapshots that are included in our annual 2023 predictions for industry and global supply chains research advisory. A published Future of Freight study sponsored by Deloitte in September 2022 indicated that U.S.

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Supply Chain Matters

APRIL 4, 2023

Supply Chain Matters provides highlights of March and Q1- 2023 reported global and regional PMI indices which reinforce a state of stabilization within global supply chain networks. percentage points higher than the average value of Q4-2022 which was 48.9. The overall average for all of Q1-2023 was 48.6 but represented 0.6

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Logistics Viewpoints

DECEMBER 16, 2022

And the jury is still out on what 2023 will hold. Forecasts call for freight rate slumps in 2023. Freight rates on sea, air, and highway routes are on track to drop from their pandemic highpoints during 2023, according to a trio of forecasts released this week. Amazon’s plan to kill the barcode. Marco Rubio (R-Fla.)

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NC State SCRC

JUNE 19, 2024

In recent times, the integration of road freight technologies has emerged as a potential catalyst for disrupting maritime shipping operations. In this article, we’ll outline some pivotal advancements transforming maritime shipping and delve into how tried-and-tested road freight technologies are already featuring in this transformation.

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Supply Chain Matters

OCTOBER 19, 2023

Bloomberg, The Wall Street Journal and other industry specific media are reporting that Seattle based digital freight start-up services provider Convoy is preparing for a possible sale or other action. Both reports cite declining freight industry demand and increased competition among start-ups in this digital freight and logistics segment.

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Stord

FEBRUARY 23, 2023

Atlanta, GA, February 22, 2023 – Stord , the leading Cloud Supply Chain provider, has been awarded Veritiv’s 2022 Truckload Carrier of the Year. The award evaluates transportation providers across several categories including on-time pickup and delivery, compliance, and accuracy.

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Talking Logistics

JANUARY 22, 2023

Read more The post [Video] Discussing the Lessons Learned in Transportation Procurement Management appeared first on Talking Logistics with Adrian Gonzalez. Read more

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The Logistics & Supply Chain Management Society

JANUARY 3, 2023

Sustainable transport was one of the topics discussed during the event’s “Solution Day” on 17 November 2022. In July 2022, a global roadmap for Reaching 100% ZERO-Emission Medium- and Heavy-Duty Vehicles by 2040 was established to prepare an action plan to achieve MOU goals.

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American Global Logistics

DECEMBER 7, 2022

The new model being developed in 2022 is customer-centric and strategic in outlook and planning. We’ll look back to events in 2022 that show this transition and transformation in the making. We’ll examine the remaining five next week in our final post of 2022. #1 To adapt, the U.S. That helped alleviate some of the pain.

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West Coast and California Logistics

NOVEMBER 21, 2023

As the negotiations between the West Coast ports and longshoremen dragged on in 2022 and 2023, some companies began redirecting import freight into the East Coast.

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Supply Chain Matters

SEPTEMBER 18, 2023

As to our question as to whether Airbus’s existing 2023 aircraft delivery plans would be impacted by this wide scale inspection program, the report indicates that the global plane maker has insisted that Pratt continue to contractually support the delivery of new PW1000G engines to final assembly lines. All rights reserved.

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The Logistics of Logistics

SEPTEMBER 25, 2023

He has extensive experience in the industrial supply chain and distribution space, as he was recognized as a Supply Chain Pros to Know by Supply and Demand Chain Executive in 2021, 2022, & 2023. Industrial Distribution business unit. Greenscreens.ai’s dynamic pricing infrastructure built to grow and protect margins.

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Intelligent Audit

JANUARY 9, 2023

As the transportation industry waves goodbye (and good riddance) to 2022, innovative logistics professionals are already working hard to make 2023 a banner year for the global transportation industry. With 2023 ready and raring to go, here are the eight news updates and trends happening in the industry that’s always moving.

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Intelligent Audit

NOVEMBER 22, 2022

Despite carrier hopes, peak season 2023 is starting to look like a bust. Recent inventory corrections have caused carrier volumes to stagnate, frustrating carriers and highlighting hopes for volume normaliza t ion in 2023. Experts Predict Lower Congestion, Labor Woes for 2023. Postal Service proposed its rate changes for 2023.

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