Remove 2022 Remove Cargo Remove Procurement Remove Shipping
article thumbnail

Back to Logistics Tech School, 2022: the Lost Peak Season, the lingering COVID impact and more

Freightos

Logistics tech in 2022 has been unavoidably shaped by the two years that preceded it. 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. The Elusive 2022 Peak Season.

Logistics 156
article thumbnail

Logistics Procurement – Performance Management

The Logistics & Supply Chain Management Society

Logistics Procurement – Performance Management by LSCMS Shippers’ Council Shortly after the outset of COVID, in early 2020, supply chains have been disrupted across the globe. Freight procurement is the mainstay of any supply chain professional but price is not the be-all and end-all.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Navigating Uncharted Waters: SMB Importers, 2024 and Red Sea Crisis Lessons

Freightos

In fact, the hard reality is that looking back over the past decade, supply chains have been disrupted by shipping bankruptcies, wars, pandemics, geopolitics and tariffs. They should monitor the evolving geopolitical situation and adjust their shipping strategies accordingly. Most of these are nearly impossible to plan for.

article thumbnail

2022: A Look in the Rearview Mirror–Part I

American Global Logistics

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 Cargo planes could not fly out of or into Russia or Ukraine.

Russia 52
article thumbnail

Red Sea and Suez Canal Shipping Crisis Update

Freightos

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.

Shipping 303
article thumbnail

Continued Disruption and Added Cost Inflation Reflected in Key Global Transportation and Logistics Indices in March and Q1 2022

Supply Chain Matters

In a prior published commentary, we provided highlights of March and Q1-2022 global production indices along with their implications. We now add highlights of March and Q1-2022 key global transportation and logistics indices. Global Shipping. Shipping Transit Timeliness. per 40-foot container.

article thumbnail

Relatively Cautious Global Production and Supply Chain Indices for February 2022

Supply Chain Matters

The Supply Chain Matters blog highlights February global manufacturing and supply chain indices and challenges relative to product demand and supply network imbalance levels in the first quarter of 2022. The February 2022 Manufacturing ISM© Report on Business reported a value of 58.6, for February, up from 55.5 reported for January.