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Air Cargo is Gaining Momentum in 2023

American Global Logistics

Air freight has evolved dramatically, especially after the pandemic. As we navigate the third quarter of 2023, it's time to examine air cargo's role in global commerce. Since then, air freight has adapted to various market demands and technological advancements. In 2020, the global air cargo market was worth an estimated $287.4

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The Cost of Backhauls

Operations and Supply Chain Management

STATE OF FREIGHT. · More than a fifth of the distance driven by European cargo trucks in 2021 was “deadhead mileage,” where vehicles traveled empty, often on the return leg of a journey. · The road freight industry has a big problem. The road freight industry has a big problem. And there’s no easy fix in sight.

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Critical Legal Considerations for International Parcel Shipping

Intelligent Audit

And these trends have held out over the past two years as e-commerce remains a booming industry and shipping and freight network transportation demands from consumers also remain higher than ever. . Freight contracts is the legal agreement established by two or more parties. Cargo Liability.

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Google Launches Last-Mile Fleet Solutions – Gamechanger?

Cathy Roberson

A Pitney Bowes study forecasts ecommerce shipments to double by 2026 and that 90% of US consumers expect free two-to-three-day shipping. It also shifts the last-mile technology competition to Google, Microsoft, and other large cloud-based API providers. But, more importantly, Google seems to understand the importance of consumer experience.

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How IoT Improves Consumer Packaged Goods Value Chain

Savi

Driver Shortages: It is estimated that by 2026, the industry will be short 175,000 drivers. Given that most freight is transported over the road, this is a serious concern. Plagued with driver shortages, theft, and delays, transportation undermines results from all other cost initiatives.

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Last mile costs rising fast

Cathy Roberson

By 2026, the US domestic parcel market is expected to reach 134 million pieces, a 70% increase from 2020, according to FedEx. Meanwhile, the US domestic B2B market will grow at a 5% CAGR through 2026. The last mile will be under intense scrutiny this year as retailers look to reduce costs while managing even more deliveries.

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100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

Thanks to container prices rising as much as 600%, money that could be used for advertising went to freight companies instead. At the end of 2021, ocean freight rates were more than three times what they were throughout 2020. IATA data shows global demand for air cargo markets jumped 3.7% Supply Chain Brain ). Bloomberg).