Freightos

JUNE 21, 2023

Blog " * " indicates required fields Email * More Resources Home June 21, 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.

Negotiating Skills 156

Negotiating Skills Panama Asia Cargo 156

Supply Chain Matters

OCTOBER 10, 2023

In this October 10, 2023 2023 edition of Supply Chain Matters This Week in Supply Chain Technology we provide our capsule highlights of investments announced by supply chain management focused tech providers. This includes our October 10, 2023 edition of Supply Chain Matters This Week in Supply Chain Technology.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Prescriptive Analytics Software 52

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. In 2023, such consequences will be continuing to unfold in multiple dimensions. Background.

Predictive Analytics Software 52

Predictive Analytics Software Supply Chain Planning Software Supply Chain Software Cost Reduction Strategies 52

The Logistics & Supply Chain Management Society

APRIL 19, 2023

– How Logistics is Harnessing the Power of the Sun by Timothy Foote , Founder of Susymbio We all know that our sun’s power is the main energy source for life on Earth. It is not going to be a major source of reduction, but it pays for itself operationally over time regardless. The Green Corridor: Catching the Sun Light!

Logistics Network Optimization Software 130

Logistics Network Optimization Software Expense Reduction Supply Chain Software Logistics 130

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

Optimal Sourcing Logistics Network Optimization Software Procurement Logistics 130

Supply Chain Matters

OCTOBER 24, 2022

What differentiates the wide body Airbus A330 as a full cargo aircraft is its capacity to transport high volumes of lower-density cargo such as packages. The first of such aircraft is expected to be part of the Amazon Air fleet in the second half of 2023. All rights reserved. .

Logistics Network Optimization Software 52

Logistics Network Optimization Software Freight Manufacturing Procurement Cargo 52

Supply Chain Matters

MAY 22, 2023

freight and logistics industry continues to mitigate recessionary conditions including the April 2023 Logistics Manager Index reaching its lowest level lowest level in six years and one-half years. freight, logistics and parcel movement industry. Freight rate reportedly fell 37 percent. percent drop in cargo volumes.

Negotiating Skills 52

Negotiating Skills Inventory Reduction Cost Reduction Strategies Price Reduction 52

Resilinc

AUGUST 30, 2023

What’s happening in the Panama Canal 2023? Weight limits have also been adjusted, forcing some ships to unload and transport cargo to the other side of the canal via train—increasing transportation costs. The ACP also implemented “Condition 3” until September 2, 2023. Now, crossing the Panama Canal takes only 8-10 hours.

Panama 62

Panama Modeling Supply Chain Planning Software Supply Chain Optimization 62

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

History of Alliances in Container Shipping Source: Port Economics, Management and Policy What are Global Shipping Alliances (GSAs) in the shipping industry? Estimated time of arrival (ETA) indicates when the cargo shipped is expected to arrive at its final destination. How alliances in the shipping industry might impact shippers?

Risk Management 130

Risk Management Negotiating Skills Vendor Strategies Resource Reduction 130

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. YoY Volume Lapses Worry Air Cargo Companies. Experts Predict Lower Congestion, Labor Woes for 2023.

Turkey 52

Turkey Supply Chain Design Software Optimal Sourcing Price Reduction 52

Supply Chain Matters

JUNE 13, 2023

freight and logistics industry continues to mitigate recessionary conditions and that was reinforced by the April 2023 Logistics Manager Index (LMI) reaching its lowest level lowest level in six and one-half years. This survey was conducted in May among participants in the global freight forwarding community.

Survey 52

Survey Demand Planning Software Supply and Demand Panama 52

Logistics Viewpoints

DECEMBER 5, 2022

There was no air freight possible then into Europe,” added Gerald van den Eijnden. You would call up the freight forwarders, and they would send an Excel spreadsheet” that contained all the shipments for Molex in the coming days or weeks. The planners could choose to switch cargo from a slow-moving ship to air, for example.

Agile and Lean Supply Chain 196

Agile and Lean Supply Chain Rail Software Manufacturing Procurement Supply Chain Planning Software 196

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2023

Responding to the 2023 IMO GHG Strategy by Wolfgang Lehmacher, Mikael Lind and Robert Ward Illustration: Sandra Haraldson, RISE 7 July 2023 marked a historic day for the shipping sector when the International Maritime Organization (IMO) adopted its 2023 IMO Strategy on Reduction of GHG Emissions from Ships (2023 Strategy).

Material Savings 147

Material Savings Resource Reduction Cost Reduction Strategies Sourcing Strategies 147

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

IDC also forecasts that by 2023, 30 percent of Asian enterprises will ship freight using a SaaS-enabled platform, resulting in improved efficiencies in load matching and reduced shipping costs. Dynamic routing has empowered logistics providers to consider plans B, C and D, offering alternative options of ocean and air freight cargo.

Supply Chain Planning Software 223

Supply Chain Planning Software Supply Chain Software Modeling Software Forecasting Software 223

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. Source: project44 Monthly report. ports of Los Angeles and Long Beach which saw their busiest March on record, handling a combined 898,287 TEU’s.

Supply Chain Design Software 83

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Design 83

Supply Chain Matters

SEPTEMBER 6, 2022

The Wall Street Journal reported this week (Paid subscription or metered view) that ocean container freight rates related to the most active global shipping lanes continue to decline amid what is traditionally considered the peak shipping period leading up to the holiday fulfillment season in the November-December period. Added Perspectives.

Report 52

Report Global Scenario Planning Forecasting 52

Supply Chain Matters

JUNE 23, 2023

Last year we noted that the out of sync theme was refreshingly more candid in depicting the challenges and ills of the logistics and transportation services sector and the need for new thinking and added emphasis on shipper and cargo holder value and service’s needs. All of above stated, U.S. Of the total U.S. Rail The U.S.

Procurement Analytics 40

Procurement Analytics Report Negotiating Skills Purchasing Skills 40

Intelligent Audit

JUNE 30, 2022

A demand surge in the US-led to shortages in cargo space, shipping containers, and other equipment, leading to skyrocketing ocean freight prices.” Retail supply chain management and continued growth and recovery depend on freight analytics and applying data to the modern supply chain network. . billion tons.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Software Supply Chain Optimization Supply Chain Planning Software 52

Cathy Roberson

MAY 31, 2022

The first such facility was announced on the retailer's May 27 earnings call and will be in Greenville, SC, and it is expected to be fully operational in the third quarter of 2023. Catch my weekly column on air cargo, freight forwarding, and the express markets, as well as a monthly podcast on Air Cargo World.

Puerto Rico 52

Puerto Rico Cost Reduction Strategies Inventory Reduction Logistics Network Optimization Software 52

Multichannel Merchant

JANUARY 3, 2023

Amazon, facing a continued slowdown in its ecommerce business and under pressure to boost flagging sales, is looking to sell excess capacity on its commercial cargo jetliners used to move goods among its network of warehouses here and in Europe, Bloomberg reports. billion, which is $48.6 billion more than in 2019.

Cargo 52

Cargo Texas Sacramento Arizona 52

The Logistics & Supply Chain Management Society

JULY 16, 2023

This trend is also better known as the evolution of halal or when applied to an organisation: the corporate halal maturity.

Risk Management 130

Risk Management Supply Chain Design Software Supply Chain Planning Software Pharmaceutical 130

Supply Chain Matters

JULY 21, 2023

parcel shippers with the threat of a labor strike for parcel carrier UPS and for LTL carrier Yellow Freight. Meanwhile, some freight brokers are already diverting loads from Yellow to other carriers because of concerns that freight will be impacted by a strike action. Indeed, it is going to be a dynamic week for U.S.

Negotiating Skills 52

Negotiating Skills Logistics Network Optimization Software Purchasing Skills Transportation 52

SCMDOJO

APRIL 15, 2024

Source Amazon Product Range One of the key drivers of Amazon’s success in logistics is the sheer breadth of its product range. Total Number of Employees: Amazon doesn’t disclose their total employee count for the latest year (2023). Sales by Region/Country: North America is likely the biggest contributor (395.64

Logistics Network Optimization Software 79

Logistics Network Optimization Software Inventory Reduction Sourcing Strategies Inventory Management Software 79

ToolsGroup

APRIL 1, 2022

Thanks to container prices rising as much as 600%, money that could be used for advertising went to freight companies instead. 28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020). Source: Consultancy.UK. Image source: Fortune. Consultancy UK).

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Logistics Viewpoints

APRIL 28, 2023

US homes 8 retailers keeping Earth Day alive through a commitment to sustainability Ground parcel delivery costs reached a record high in Q1, although pricing discounts from carriers softened the blow, according to the TD Cowen/AFS Freight Index. tractor fleet and sourcing 100 percent renewable energy by 2030, according to the press release.

Material Savings 202

Material Savings Purchasing Skills Logistics Network Optimization Software Logistics 202

Zipline Logistics

JANUARY 17, 2023

When you think of sustainability, you might think of CPG brands practicing ethical sourcing or using recyclable packaging. Elon Musk revealed that one of Tesla’s battery powered class 8 semi-trucks completed a 500-mile trip fully loaded with 81,000 pounds of cargo – all off a single charge. . Electric Vehicles .

Resource Reduction 78

Resource Reduction Waste Reduction Vendor Strategies Optimal Sourcing 78

Logistics Viewpoints

JANUARY 20, 2023

In September 2022, Macy’s rolled out its first-ever wood-sourcing policy for its furniture sales after more than 150 years in business. It requires the use of responsibly sourced wood or recycled or reclaimed materials. Instances of cargo theft increased markedly in 2022, driven in large measure by thieves using fictitious pickups.

Logistics Network Optimization Software 192

Logistics Network Optimization Software Logistics Supply Chain Planning Software India 192

Logistics Viewpoints

APRIL 8, 2022

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. Israel Aircraft Industries is remodeling older Air Canada passenger jets to carry heavy freight.

Logistics Network Optimization Software 207

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Network Software Demand Planning Software 207

Cathy Roberson

SEPTEMBER 13, 2021

Roadie is a crowd-sourced, same-day delivery service that UPS Strategic Enterprise Fund invested in five years ago. It could partner with Roadie, an Atlanta-based crowd-sourced solution that UPS Strategic Enterprise Fund invested in five years ago. Good for them. ” That’s the important part of this same-day delivery puzzle.

Supply Chain Network Software 62

Supply Chain Network Software Logistics Network Optimization Software Sourcing Strategies Atlanta 62

Cathy Roberson

MARCH 25, 2024

Express average daily volumes fell 2.9%, with no change in Ground and Freight average daily shipments per day declined 4.1%. Many of these retailers typically utilize their B2C carriers as B2B carriers but could opt to switch to another carrier because of cost or the size of the parcel/freight. LTL providers also play in this space.

Supply Chain Design Software 51

Supply Chain Design Software Logistics Network Optimization Software Supply Chain Network Software Modeling Software 51

Ware2Go

MAY 4, 2023

Drayage is a critical step in supply chain management to get product from freight to parcel. Drayage is the movement of a shipping container from a cargo import location, such as a port, to an end location (typically a warehouse ). Moving cargo efficiently is essential to the success of any supply chain, and drayage plays a vital role.

Cost Reduction Strategies 52

Cost Reduction Strategies Optimal Sourcing Expense Reduction Inventory Reduction 52

Freightos

OCTOBER 31, 2023

More Resources Home Bridging Two Realms: The Digital-Analog Dance in Logistics Ian Arroyo Unbox your Freight knowledge. In some cases, even contract freight rates under management don’t fit specific quote requests. It’s a quote that leverages the digital wrapper but recognizes the non-digital rate source. Where’s my freight?”

Logistics Network Optimization Software 177

Logistics Network Optimization Software Negotiating Skills Analytics Software Logistics 177

Cathy Roberson

MARCH 9, 2023

We have made great strides in mitigating our sales and inventory exposure by sourcing through other vendors, which will fill the majority of the gap by the end of Q2,” Thorn said. Catch my twice-a-week column on air cargo, freight forwarding, and the express markets, and the occasional podcast on Air Cargo Next.

Optimal Sourcing 62

Optimal Sourcing Vendor Strategies Material Savings Waste Reduction 62

Supply Chain Matters

JULY 26, 2023

more per hour in 2023, and $7.50 Added safety and health protections, to include vehicle air conditioning and cargo ventilation in all larger delivery vehicles, sprinter vans, and package cars purchased after Jan. All existing delivery vehicles will be equipped with two fans and air induction vents in cargo compartments.

Negotiating Skills 52

Negotiating Skills Purchasing Skills Cost Reduction Strategies Procurement Analytics 52

Supply Chain Matters

MARCH 16, 2023

The merged railroad is required to keep gateway connection points involving other railroad freight transfers open on reasonable terms. The latter has been a keen concern of the Biden Administration including the removal of line of way priority among freight railroads imposed on Amtrack , the U.S. bound cargo. ” bound cargo. ”

Kansas City 52

Kansas City Supply Chain Design Software Supply Chain Design Kansas 52

Supply Chain Matters

JUNE 6, 2023

But shipping industry sources now indicate that negotiations deteriorated last week over the scope of expected dockworker wage increases. Reportedly, one terminal at the Port of Los Angeles cancelled cargo movement operations on Monday of this week while two terminals at the Post of Long Beach closed. So, what else is new?

Los Angeles 52

Los Angeles South America Manufacturing Procurement Supply Chain Planning Software 52

ModusLink Corporation

NOVEMBER 23, 2022

Top View Cargo containers ship logistics transportation Container Ship Vessel Cargo Carrier. Given this outlook, it perhaps comes as little to no surprise that almost a quarter (23%) of businesses expect supply chain issues to last until Summer 2023.” ( System Analysis Program Development ). Flock Freight. Bibliography.

Purchasing Skills 78

Purchasing Skills Shipping Logistics Network Optimization Software Supply Chain Planning Software 78