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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 November 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. In air cargo, Freightos Air Index data show China – N.
More Resources Home September 26, 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. Freightos Air Index data show Asia – N.
More Resources Home September 13, 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 Freightos Air Index rates to $4.78/kg
Blog " * " indicates required fields Email * More Resources Home September 6, 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.
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.
So, while I still have the energy, here’s the supply chain and logistics news that caught my attention this. Read more The post Above the Fold: Supply Chain Logistics News (December 8, 2023) appeared first on Talking Logistics with Adrian Gonzalez. Poking, poking, poking me awake whenever I started to fall asleep.
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. Teradyne, which reports earnings on Tuesday, warned investors in its 2022 annual report about the potential impact of the October regulations, and in October 2023 said the restrictions hit both Teradyne’s sales to certain companies in China and its manufacturing and development operations.
And now on to this week’s logistics news. May air cargo volumes rise amid global disruption Freight market pressured again in May, Cass data shows General Motors (GM) is accelerating sustainability efforts in its supply chain, focusing on logistics, materials, packaging, and supplier engagement.
Read more The post Above the Fold: Supply Chain Logistics News (August 11, 2023) appeared first on Talking Logistics with Adrian Gonzalez. This year, the night before my birthday, I was playing in a championship softball game, and at my first at-bat, I put the ball in play, and the.
Read more The post Above the Fold: Supply Chain Logistics News (February 10, 2023) appeared first on Talking Logistics with Adrian Gonzalez. I am the last man standingno more, after my mother, my wife and four kids,my sister and sister-in-law, my two brothers-in-law too,after 3 years being chased Covid caught up to me too.
And now on to this week’s logistics news. in push for freight decarbonization China e-commerce exports, unreliable Red Sea shipping boost air cargo Sephora is expanding its take-back and refillables programs Amazon announced that it delivered to Prime subscribers at its “fastest speed ever” in its quarterly earnings on Tuesday.
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.
And now on to this week’s logistics news. In November 2023, Blue Yonder acquired Doddle, a leading technology business focused on making the first and last mile more seamless, sustainable and profitable. The industry added jobs at a time when logistics companies have been coping with a faltering freight market for the past 20 months.
More Resources Home Innovative Synergies: Logistics Tech Lessons from Other Industries Judah Levine May 23, 2024 Though the logistics and supply chain industry has made and continues to make a lot of progress in its digital transformation, it has a reputation for being part of the late majority or even a laggard in terms of digitalization.
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. In FY 2023/24, the SCA’s revenue fell to $7.2
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.
More Resources Home October 4, 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. Judah Levine October 4, 2023 Unbox your Freight knowledge.
And now on to this week’s logistics news. The company plans to invest $140 million in the initiative in 2023 as it implements the technology at its 940 remaining U.S. By acquiring GroundCloud, which was officially known as Windigo Logistics Inc., network this year after its initial success at select facilities in 2022.
And now on to this week’s logistics news. However, many of these companies are now reining in their logistics ambitions. New Jersey-based CargoNet says it helps prevent cargo theft and improve recovery rates through secure and controlled information sharing among theft victims, their business partners, and law enforcement.
And now on to this week’s logistics news. Instances of cargo theft increased markedly in 2022, driven in large measure by thieves using fictitious pickups. They estimate $223 million in cargo was stolen across all theft events in 2022. Events that involved the theft of cargo increased by 20% year-over-year.
Kelly Moller felt at not being able to buy tickets to Swift’s 2023 concert in Minneapolis. And now on to this week’s logistics news. Global shipping lines have become increasingly strained as the Houthi militia in Yemen broadens its attacks on cargo vessels, one of the largest companies in the industry warned on Monday.
And now on to this week’s logistics news. Cargo volumes at the Port of Los Angeles rose 3 percent year-over-year to 828,016 TEUs in August, marking the first increase in 13 months, port officials said. Construction of the 70,000-square-foot facility began last year and is set to open in late 2023.
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. Amazon has ramped up air cargo flights at its largest hubs while maintaining or shrinking flight activity elsewhere, according to an institute tracking the company’s air operations.
And now on to this week’s logistics news. UPS announced Sunday it plans to sell its truckload brokerage business Coyote Logistics to the technology-enabled brokerage RXO for $1.025 billion. According to the company, Chicago-based Coyote Logistics manages around 10,000 loads per day with a network of over 10,000 carriers. “As
And now on to this week’s logistics news. FedEx now expects adjusted earnings per share for fiscal 2023 of between $14.60 One of the world’s most successful drone delivery companies will be expanding to mainland Europe and the United States in 2023. pounds of cargo in a hold with about 1,800 cubic inches of space.
And now on to this week’s logistics news. Amazon in the news: Amazon, Hawaiian Airlines gear up for 2023 launch of Airbus freighters. Amazon will rent the planes from Seattle-based lessor Altavair, which is sending the used passenger aircraft to Airbus’ maintenance and overhaul partner to be remodeled for carrying cargo containers.
Startup Mexican airline Awesome Cargo, which provides dedicated aircraft and flight service to logistics companies and other customers, has taken delivery of its first fully capable freighter aircraft after operating two light-duty freighters since its inception 18 months ago. which is leasing the plane to Awesome Cargo.
And now on to this week’s logistics news. Cargo ships lost 661 containers at sea in 2022, down from the 15-year average of 1,566 lost per year, according to the latest figures from the World Shipping Council (WSC). The post This Week in Logistics News (May 20 – 26) appeared first on Logistics Viewpoints.
More Resources Home October 17, 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. Judah Levine October 17, 2023 Unbox your Freight knowledge.
And now on to this week’s logistics news. As Steve Banker wrote about in last week’s news roundup, the worldwide shortage of semiconductors is expected to last through the first quarter of 2023 at a minimum according to the electronics supply chain analysis firm Supplyframe. That’s all for this week.
More Resources Home September 20, 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.
More Resources Home October 25, 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. Judah Levine October 25, 2023 Unbox your Freight knowledge.
And now on to this week’s logistics news. Logistics companies are reversing their hiring binge. US EPA to set tougher heavy duty emissions rules in 2023. The hiring frenzy in logistics driven by pandemic-fueled shopping appears to be cooling off. Other retailers and logistics operators are now following suit.
More Resources Home October 31, 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. Judah Levine October 31, 2023 Unbox your Freight knowledge.
And now on to this week’s logistics news. Maersk said Tuesday it was halting bookings in light of the sanctions imposed on Russia, including congestion being caused by customs authorities inspecting cargo bound for the country and changing credit terms impacting its customers. Ukraine invasion and the semi-conductor chip impact.
Postal Service (USPS) transitioned its primary air cargo contract from FedEx to UPS effective September 30, 2024. Before the new contract, FedEx carried over 984 million pounds of air mail (71% of total air volume) from October 1, 2023, through September 30, 2024. increase from Q4 2023. increase from Q1 2024.
More Resources Home October 11, 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. Judah Levine October 11, 2023 Unbox your Freight knowledge.
In 2023, roughly 9,700 people were injured by fireworks in the US. 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. Cities like Napa, Calif., That’s all for this week.
The staff at the Transportation Intermediaries Association (TIA) note, however, that the logistics industry plays an “out-sized — and often underappreciated — role … within the greater transportation ecosystem.”[1] Just 14 years later, the first air cargo flight took place in 1910.
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. million square feet of healthcare logistics space in its global network this year, CFO Brian Newman said on the call. UPS will add 2.3
And now on to this week’s logistics news. FedEx Express will have its aircraft fleet focus on moving priority package volume, while the air cargo giant leans on third-party providers to move less urgent shipments, FedEx President and CEO Raj Subramaniam said during a conference on Tuesday. FedEx Express moves an average of 6.3
And the answer lies in how their 2023 went too. 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. With this fresh in mind, how are small and medium-sized importers preparing for 2024?
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