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October 25, 2023 Update

Freightos

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. Europe – N.

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Ocean Freight: Key Trends & Planning For Peak Season 2023

Ware2Go

See the latest insights on ocean freight rates and other trends that fast-growing businesses should know about to plan for 2023 peak season. In this age of globalization, using ocean freight to transport goods is increasingly important to emerging brands. In May 2023, shipping rates from Asia suddenly plummeted.

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The Approach to Effective Freight Procurement

The Logistics & Supply Chain Management Society

The Approach to Effective Freight Procurement by LSCMS Shippers’ Council Container shipping procurement faces a multitude of challenges shaped by global events, industry shifts, environmental mandates, and technological advancements. To thrive in this ever-evolving landscape, shippers must embrace a flexible and responsive approach.

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

Freightos

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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National Logistics Day 2023

Enterra Insights

By having more efficient delivery routes, warehouses, and inventory systems in place, companies can reduce their operational costs while still delivering great customer service.” 5] Staff, “ National Logistics Day 2023 ,” Logistics Plus. [6] The post National Logistics Day 2023 first appeared on Enterra Solutions.

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Navigating Uncharted Waters: Out of the Fort and Into the Moat

Freightos

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.

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Modernizing MRO using AI with Paul Noble

The Logistics of Logistics

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. The company utilizes AI, data harmonization, and decision support to help companies achieve supply chain resiliency and improve bottom lines.