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However, there is probably one industry that most of us would not think of in this list: the cargo theft industry. According to the National Insurance Crime Bureau (NCIB), cargo theft in the United States is a $15 to $35 billion industry. Cargo Theft Tactics Cargo theft comes in many shapes and sizes.
More Resources Home The Impact of Fast Fashion Giants On Air Cargo Eytan Buchman April 25, 2024 Navigating New Horizons: The Impact of Fast Fashion on Air Cargo Rates & Dynamics The intersection of fast fashion, globalized retail e-commerce, and air cargologistics is coming to a head with Temu and Shein’s entrance to the US market.
Jake is the Chief Technology Officer of Gnosis Freight, a logistics tech company focused on the lifecycle of a shipping container as it moves around the world. Jake is the Chief Technology Officer of Gnosis Freight, a logistics tech company focused on the lifecycle of a shipping container as it moves around the world.
And now on to this week’s logistics news. and Israeli startups focused on logistics, the supply chain and customer fulfillment. and Israeli startups focused on logistics, the supply chain and customer fulfillment. Several cargo vessels were struck by missiles or drones during the past week.
And now on to this week’s logistics news. In September 2022, Macy’s rolled out its first-ever wood-sourcing policy for its furniture sales after more than 150 years in business. The policy follows Macy’s $5 billion commitment announced in March 2022 to become more sustainable in its policies and practices.
After 10+ years of writing the weekly news roundup, as well as a bi-weekly column for Logistics Viewpoints, today is my last day at ARC Advisory Group. Over these 10 years+ I have learned a lot about supply chain and logistics through conversations with end users, suppliers, and my colleagues. Cargo imported into the U.S.
And now on to this week’s logistics news. 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.
And now on to this week’s logistics news. rules issued in October 2022 restricted exports to semiconductor manufacturing facilities there as part of an effort to keep U.S. The big three US airlines saw their cargo revenues decline last year as rates and volumes came under pressure. technology from helping China’s military.
More Resources Home Navigating the Waves: Exploring Digital Booking in Ocean Logistics at TPM 2024 Judah Levine The sessions at this year’s TPM, the preeminent North American ocean freight conference, was more focused on the role of technology in ocean logistics than ever.
In the early morning hours of April 26, at approximately 1:35am, a cargo ship leaving Baltimore Harbor struck the Francis Scott Key Bridge, triggering a catastrophic collapse of the 1.6-mile-long And now on to this week’s logistics news. Walmart first announced its next-gen fulfillment center model in 2022. mile-long span.
And now on to this week’s logistics news. Last month, the company released its third annual “Brand Protection Report” and said it disposed of over 6 million counterfeit goods in 2022. So, wish me luck in securing authentic University Blue Jordan IVs. across the EU, and in China.
And now on to this week’s logistics news. And they present a host of logistical challenges. The trucking industry is turning a corner after a prolonged freight recession that succeeded the Covid boom in transportation rate and services, according to logistics executives. Dozens more are awaiting delivery to China.
And now on this week’s logistics news. Cargo losses escalate as thieves target cars, electronics. The Port of Oakland reported cargo in April dropped 7 percent compared to the same period a year ago due to factory and port shutdowns in China. They’re looking at it and they’re saying, is cargo available?
Patrick’s Day, up from 54 percent in 2022 and the highest in the history of the survey. And now on to this week’s logistics news. Amazon Air’s network is starting to look more like the hub-centric models of air cargo giants FedEx and UPS. Between August 2022 and March 2023, Amazon Air’s domestic takeoffs and landings grew 2.8
And now on to this week’s logistics news. The company disclosed the total of single-use plastic across global operations for the first time in 2022 after investors sought more details on plans to reduce waste. By the end of September, FedEx will no longer be the primary air cargo provider for the U.S. percent decrease from 2021.
And now on to this week’s logistics news. FedEx plans to test autonomous drone cargo delivery with Elroy Air. Air Canada wants more cargo jets 3 months after launching service. FedEx also plans to test autonomous drone cargo delivery, partnering with Elroy Air. Amazon workers in Staten Island vote to unionize.
And now on to this week’s logistics news. That prospect became more conceivable, they said, after the 2022 invasion of Ukraine prompted companies to sever ties with Russia, sometimes taking huge write-downs. However, many of these companies are now reining in their logistics ambitions.
And now on to this week’s logistics news. In past years, USPS has hiked its fees from roughly October to January during the annual surge, including increases in 2022, 2021, and 2020. The post This Week in Logistics News (September 16 – 22) appeared first on Logistics Viewpoints.
The current state of logistics is our malady. I find no agency or entity trying to find a holistic solution to global logistics. When the ball drops on Times Square to welcome in 2022, the employees at the Port of Long Beach will celebrate moving 9 M TEUs in imports: a 26% increase year-over-year. Background on Ocean Transport.
And now on to this week’s logistics news. HP launched its new commercial Metal Jet S100 Solution in September 2022 and two months later showcased the 3D printer for the first time publicly at the Formnext exhibition in Frankfurt, Germany, along with a new John Deere production application. FedEx Express moves an average of 6.3
Logistics tech in 2022 has been unavoidably shaped by the two years that preceded it. This shaped the way BCOs approached 2022 and will likely continue to see supply chain; a new drive to ensure global freight shipping reliability at all costs. The Elusive 2022 Peak Season. Changing Trends in BCO Air Cargo Procurement.
And now on to this week’s logistics news. Cargo ships avoiding Houthi attacks in the Red Sea face a different kind of delay-causing threat as they go around the southern tip of Africa: storms and 30-foot swells. The post This Week in Logistics News (July 6 – 12) appeared first on Logistics Viewpoints.
And now on to this week’s logistics news. Healthcare logistics has been a bright spot for UPS amid an overall decline in delivery demand. One big step UPS took toward that goal was its acquisition of Bomi Group in November 2022. She also highlighted the role that logistics companies play in the supply chain.
And now on to this week’s logistics news. US ports see shipping logjams extending through mid-2022. Amazon has been pushing its way into the full-service logistics space for a number of years, bolstering its efforts with last mile delivery vans, ocean vessels, and a fleet of jets known as Prime Air. That’s all for this week.
The countdown is officially on for the 2022 World Cup in Qatar. And now on to this week’s logistics news. Logistics companies are reversing their hiring binge. The hiring frenzy in logistics driven by pandemic-fueled shopping appears to be cooling off. Other retailers and logistics operators are now following suit.
And now on to this week’s logistics news. network this year after its initial success at select facilities in 2022. network this year after its initial success at select facilities in 2022. By acquiring GroundCloud, which was officially known as Windigo Logistics Inc., West Coast was $2,618 as of Feb.
Mark is the Executive Vice President and Head of International Logistics at Reliance Partners , one of the nation’s fastest-growing commercial insurance agencies. Mark spent over 7 years in leadership with the second largest freight brokerage in North America, Total Quality Logistics. In 2016, he was recruited to join MacroPoint.
billion in 2022 and the previous record high of $21.7 And now on to this week’s logistics news. In 2022, UPS invested $345 million in safety, including high-tech training at 11 training sites around the country, with 33 additional driving simulators across the U.S. billion in 2020. That’s all for this week.
And now on to this week’s logistics news. pounds of cargo in a hold with about 1,800 cubic inches of space. JD.com has been rapidly growing its logistics unit by focusing on warehousing growth, including in international markets. The company’s latest drone, the X-drone, carries about 7.5 million square feet throughout the state.
On Monday, Roku announced its 2022 fall product lineup: a revamped version of its entry-level streaming adapter, selling for just $30, and a new, smaller subwoofer priced $50 below its existing model. And now on to this week’s logistics news. And it looks like consumers could benefit from inflationary devices this holiday season.
Jeff was recently appointed chairman of the Transportation & Logistics Steering Committee for BSMA. Jeff’s commentaries have appeared on CNBC and in The Wall Street Journal, Journal of Commerce, Logistics Management, Transport Topics, Defense Transportation Journal, and many others. About Tucker Company Worldwide .
IoT is making a mark on more and more industries, including logistics. Automation, cargo tracking, robotics, and remote fleet management are all examples of how IoT can be used to harness organizational data and gain insights into key processes. In logistics, this differs significantly from the use of IoT in other industries.
Brian is the Founder of Port X Logistics , a transportation company that specializes in expediting containerized cargo throughout the U.S. About Brian Kempisty Brian Kempisty is the Founder of Port X Logistics, a transportation company that specializes in expediting containerized cargo throughout the U.S. and Canada.
Read more Above the Fold: Supply Chain Logistics News (September 23, 2022). The post Above the Fold: Supply Chain Logistics News (September 23, 2022) appeared first on Talking Logistics with Adrian Gonzalez.
Kyle is Co-founder and CEO of Vizion , a groundbreaking technology company revolutionizing container tracking in the logistics industry. About Kyle Henderson Kyle Henderson is Co-founder and CEO of Vizion, a groundbreaking technology company revolutionizing container tracking in the logistics industry.
Their network features include pick-ups seven days a week, flexible sortation, eco-friendly use of passenger flight cargo capacity, and diverse last mile partners. Maergo eliminates the need for expensive regional distribution centers and complex carrier relationships.
The CIF is an international shipping agreement representing the charges paid by a seller to cover the costs, insurance, and freight of a buyer’s order while the cargo is in transit. 3) Coordinating end-to-end logistics. Some IOR agents provide this service and its imperative that you consider your own logistics needs.
Between February 2018 and May 2022, revenue skyrocketed by 1600%. The platform boasts a network of over 22,000 vetted drivers who own and operate their own vehicles, utilizing their time and excess cargo capacity to earn extra income. Starting May of 2023, Steve joined FRAYT as their Vice President of Partnerships.
Crews also account for approximately 44 percent of shipping expenses, and crews also take up space that could be utilized for cargo and add weight to the vessel. The Yara Birkeland is an electric autonomous 80 m 120 TEU Norwegian-flagged containership launched in Spring 2022.
Today, partners from the logistics industry alone include Toyota, CMA-CGM, and Air Liquide. The team behind Energy Observer wants to gain better information for commercial cargo vessels by vastly increasing the size of the ship. LogiSYM Supply Chain Magazine – April 2022. This vessel can’t get in the ocean quick enough.
A significant majority – 70% – reported a return to normalcy in logistics operations, with 40% experiencing conditions that were even better than those they experienced pre-pandemic. The decrease in logistics costs led 35% of importers to lower their product prices, possibly contributing to the easing of inflation rates.
Material Handling & Logistics ). Material Handling & Logistics ). Wildfires, mudslides, and flooding delayed lumber shipments, leading to a shortage that saw the cash market price for lumber reach $1,111 per thousand board feet in 2022 – almost triple its bottom price in August. Chain Store Age ). Chain Store Age ).
In respect to logistics and transport something remarkable happened at COP26. came from trucks carrying cargo. The initiatives launched at COP26 will significantly reshape the transport and logistics ecosystem, its fleets, its infrastructure and its practices. COP26 has received more attention than previous summits.
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