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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 weekly prices increased 4% to $3.86/kg.

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Top 6 Retail Trends & Supply Chain Planning Challenges in 2023

Logistics Viewpoints

Here are some highlights from these trends in 2023 and implications on supply chain planning. With these at play, having agile planning systems which can consume large amounts of internal and external data and provide decision intelligence and decision automation are becoming essential capabilities retailers seek.

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Manhattan Associates Momentum 2023 Conference

Logistics Viewpoints

For live unloads, Active Yard Management can leverage real-time inbound shipment visibility data from the TMS mobile app and from shipment visibility providers such as FourKites to match doors to projected inbound shipments. The post Manhattan Associates Momentum 2023 Conference appeared first on Logistics Viewpoints.

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This Week in Logistics News (January 20 – 26)

Logistics Viewpoints

The device prevents vehicles from surpassing a certain speed, by harnessing GPS and on-board camera data to determine limits on a specific roadway. The pace appears to have picked up since spring 2023 with investments in Veo Robotics, computer vision company Flymingo, industrial wireless automation startup CoreTigo, Rightbot and Instock.

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National Logistics Day 2023

Enterra Insights

By 1956, the first container ship sailed from the port of New Jersey to Texas. That includes packaging, warehousing, shipping, and more. By having more efficient delivery routes, warehouses, and inventory systems in place, companies can reduce their operational costs while still delivering great customer service.”

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Supply Chain Network Design: 3 Ways to Prepare for Trends Stirring Up 2023

Logility

Although inflation has slowed since then, it continued to climb in January 2023 , triggering fears that the Fed could keep raising interest rates throughout 2023. Higher interest rates and materials prices are increasing the costs of carrying inventory. In June 2022, U.S. inflation reached a 40-year high.

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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. Navigating 2023’s Challenges and Looking Ahead While 2023 saw a general decrease in demand, with 60% witnessing a downturn, most attributed this to high inflation and a shift in consumer preferences. Most of these are nearly impossible to plan for.