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I was in Phoenix, Arizona for The Logistics & SupplyChain Forum. Read more The post Above the Fold: SupplyChain Logistics News (October 11, 2024) appeared first on Talking Logistics with Adrian Gonzalez. Where have I been?
Cargo theft continues to rise, costing the supplychain billions annually. In this blog, we analyze the causes of cargo theft, why it's on the rise and how your business can prevent it with the help of a proactive 3PL provider! What is cargo theft and why should shippers like you be vigilant? The good news?
If your business ships freight , you never want to hear the words "cargo" and "theft" in the same sentence. Cargo theft is a hot topic and major concern in the logistics industry and has been on the rise in recent years. In fact, more than $150 million worth of shipments were stolen in the first quarter of 2024 alone.
AI is playing an increasingly pragmatic role in optimizing supplychain operations. Common inefficiencies include empty return trips, poorly optimized delivery routes, and underutilized cargo space. The post Smart and Sustainable Freight: The Role of AI in Green SupplyChain Logistics appeared first on Logistics Viewpoints.
In April 2024, we asked members of our Indago supplychain research community — who are all supplychain and logistics executives from manufacturing, retail, and distribution companies — if they had experienced cargo theft or other types of freight fraud in the past year.
Freight and cargo tariffs are essential components of international trade, especially in a global hub like Dubai. What Are Freight and Cargo Tariffs? Freight and cargo tariffs refer to the charges levied on goods that are transported via various modes of shipping. Article and permission to publish here provided by Arjay Reyes.
An interest group of the Singapore-based Logistics & SupplyChain Management Society (LSCMS), the Shippers Council is a professional association that counts members from organizations with a vested interest in logistics, including end users, technology and service providers, government and academia.
Analyzing loss activity over the past year, the report found that cargo theft is increasing – in frequency, scope, and sophistication. In Europe, Middle East and Africa (EMEA), an average of €1.2mn of goods are stolen from supplychains every 24 hours, according to data from the Transported Asset Protection Association (TAPA).
The cargo theft raises questions about what security protocols Ceva Logistics followed to protect a high-value load and how criminals knew to target the vehicle. Last year, cargo crimes increased to an all-time high of more than $1 billion, up 27% from 2023, according to theft prevention company CargoNet.
In April 2024, we asked members of our Indago supplychain research community — who are all supplychain and logistics executives from manufacturing, retail, and distribution companies — if they had experienced cargo theft or other types of freight fraud in the past year.
(Infographic) Shipping containers have left a mark on the supplychain industry and beyond. What may seem like simple steel boxes have transformed the international trade landscape, reshaping supplychains, economies, and even urban development. However, it did not gain traction until the mid-20th century.
to discuss the evolving landscape of cargo theft that continues to plague the freight industry. While straight theft (the physical taking of trucks, trailers, or cargo from where they’re parked) remains the most common form of cargo theft, criminal tactics have shifted in the last few years.
For the past few years, the air cargo market has greatly benefited from international e-commerce. According to the International Air Transport Association (IATA), 80% of e-commerce is transported by air and makes up upwards of 30% of total air cargo volume. Rethinking supplychains is a reader-supported publication.
Two recently published studies identify the top disruptions that impacted industry, business and global supplychains during 2024 and our expected to be present in 2025. According to the releas e , overall disruptions to global supplychains increased 38 percent on a year-over-year basis.
According to our 2024 report, Generative AI in the B2B Marketplace , 81% of B2B businesses are already investing in AI, with 79% anticipating increasing their AI budgets within the next year. What can supplychain leaders do to mitigate these risks? Data privacy and employee resistance are two running-with-scissors risks.
Among the various parties involved, a cargo loader holds a significant role. According to a study conducted by the Federal Motor Carrier Safety Administration (FMCSA), cargo-related factors contribute to a significant number of truck accidents each year. In that case, they may be held liable for damages resulting from the accident.
Every ten years or so, there is a technology that truly shakes up the enterprise and supplychain software markets. One of the core principles of supplychain management is breaking down silos. But cross-functional cooperation is not just a need for the supplychain departments, it is needed across the enterprise.
This major gaming hardware heist highlights the vulnerability of high-value cargo. Rising Cargo Theft Cargo theft surged 27% in 2024, with 3,625 incidents averaging $202,364, per Verisk CargoNet. Strategic thefts, including double-brokering and identity fraud, spiked 430% in 2024. Incident Details At 8 a.m.
In this update, we share the latest developments from across Asia-Pacific, highlight the actions we’re taking to support your supplychain, and outline how we’re helping customers stay agile and resilient in today’s dynamic market environment. According to AAPA, air cargo demand in Asia-Pacific rose 4.9%
Ratchet straps are a brilliant choice when you’re looking to secure your cargo while on the move. In this guide, we’ll outline the factors you should consider when selecting a ratchet strap for your cargo. When choosing a ratchet strap, go for one with a rating that exceeds your cargo’s weight for added security.
Thousands of containers and cargo are being held up and experiencing critical delays; yards are completely overwhelmed, and customs inspections often exceed 72 hours per unit, without adequate care and sanitation for our operators,” Martinez posted on X on Saturday. Ernesto Hernandez Jr.,
Twenty twenty-five is starkly different: the next global war has already begun, and it’s unfolding not on distant battlefields, but right through the supplychains that you rely on. Your supplychain is already directly in the line of fire.
Total cargo volumes at Port Houston are up 3% at 2.17 million TEUs, compared to the same period in 2024. General import cargo increased 35% year over year in June to 668,504 tons. Charlie Jenkins, CEO at Port Houston, said they are already seeing more cargo movements in July. million tons of total cargo in June, a 3.6%
AMR Forecast Down h $55 Million That’s how much Walmart says it has already saved from a solution it calls “Self-Healing Inventory” system in Mexico City, automatically rerouting supplies when overstocks appear. in May versus the same period in 2024, as the freight recession continues on. Chinese Economy Stays Strong.
Supplychain management is a crucial aspect of any business, involving the coordination of production, shipment, and delivery of goods. A well-managed supplychain ensures that products reach customers efficiently and cost-effectively. Here are some key ways in which business insurance supports supplychain management: 1.
The UNESCO staff explains, “On June 7, 2024, the United Nations proclaimed 2025 as the International Year of Quantum Science and Technology (IYQ). And while quantum computing may not have yet hit the mainstream in a way thats visible to many of us, 2024 saw the emergence of several important real-world use cases.
Each had various types of fleets paired with a complex multi layered internal supplychain, requiring telematics and machine learning to improve efficiency. The company operates in environments where noise and hazardous materials pose constant risks, including handling hazardous materials or high-value cargo.
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.
DHL Global Forwarding plans to add diesel and electric trucks, open more offices and pursue joint ventures, such as the recent partnership with Etihad Rail to enhance cross-border cargo connectivity. DHL SupplyChain will expand warehousing, upgrade equipment and integrate advanced technology to improve operations in Saudi Arabia and the UAE.
Year-to-date, intermodal volume is up 5% compared to the same stretch in 2024; coal is up 6%, and grains are also up 6%. Union Pacific is moving the most coal: 2025’s week 28 number was up 38% over the same week in 2024, but year-to-date, UP has moved 18% more coal carloads than the same period last year. This year, the Western U.S.
🙂 Rethinking supplychains is a reader-supported publication. of total sales in 2024 compared to 15.3% International cross-border e-commerce is typically transported by air cargo. Amazon Global Logistics shippers ship ocean cargo from China directly into the Amazon fulfillment network in the US, UK, and EU.
The SupplyChain Matters blog provides perspectives relative to despite having a tentative back-to-work wage negotiation, the outstanding issue of port automation provides added concerns for global industry supplychain teams. The key difference reportedly is the overall mix of jobs. If the U.S. All rights reserved.
“This corridor … is experiencing long-term, structural growth as companies reconfigure supplychains around resilience, regionalization, and speed to market.” SONAR’s Inbound Ocean TEUs Indices (IOTI) measure bookings of twenty-foot equivalent units on a 14-day rolling average based on departure date from the port of lading.
The company maintains a robust DNU (Do Not Use) list enforcement across all subsystems, with over 400 carriers added in Q4 2024 due to confirmed fraud activity. Crowley’s fraud prevention strategy has yielded impressive results, including a 97% reduction in unvetted carrier usage since SOP enforcement in Q3–Q4 2024.
SupplyChain Matters features its latest full edition of This Week in SupplyChain Management Tech , a compilation of funding, partnership and other noteworthy announcements related to supplychain technology providers. Our previous posting in this series was published on April 18 th.
Postal Service (USPS) transitioned its primary air cargo contract from FedEx to UPS effective September 30, 2024. Rethinking supplychains is a reader-supported publication. UPS “The USPS air cargo business fits beautifully with our strategy to grow our B2B business. increase from Q1 2024.
Based on their findings, the cold chain market is expected to reach $41.1 billion as of 2024. Cold storage continues to dominate the market, making up 56% of total cold chain activity in the region as of 2024. Saudi Arabia is leading the regional cold chain market, accounting for 36% of the market in 2024.
These ubiquitous metal boxes come in a variety of shapes and sizes, each tailored to specific needs and cargo requirements. Refrigerated Containers At the forefront of specialized shipping containers are refrigerated units, also known as reefer containers, which play a crucial role in transporting temperature-sensitive cargo.
Freight fraud has emerged as one of the most rapidly growing and financially devastating risks in today’s global supplychain landscape. This shift from reactive to preventive risk management marks a breakthrough in how the industry combats increasingly sophisticated cargo theft schemes. “It In fact, 14% of all U.S.
Supplychain services giant Ceva Logistics has appointed Yves Laforgue, who joined the company last year through the acquisition of France-based Bolloré Logistics, as its new North America coordinator to better align regional operations with management’s vision, according to an internal communication.
Despite this lack of understanding, a 2024 McKinsey survey found that 71% of companies were using generative AI in at least one business function. If we put that into a business context and start asking generative AI or agentic AI to make a major decision about how to reorient our supplychain, that is incredibly risky," says Wood.
Recognized as a winner of the 2025 FreightWaves Fraud Fighter Awards, Tive has established itself as a leader in combating freight fraud through advanced supplychain visibility solutions. Without awareness of the comings and goings of your cargo, you are merely guessing—and can only fix problems after they occur.”
Import cargo volume at the nation’s major container ports is projected to conclude 2025 with a 5.6% decrease compared to 2024’s volume, according to the latest Global Port Tracker report released today by the National Retail Federation and Hackett Associates. million TEUs in 2024. million TEUs, better by 3.6%
Electrification continues to make rapid inroads into trucking, as the International Energy Agency (IEA) recorded an 80% growth in sales in 2024 , led by China and making it the third consecutive year of expanding sales after poor market performance from 2018 to 2021. in contrast experienced similar sales to 2023 in 2024, reaching over 1,700.
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