Freightos

The Shipping Container Impact on Inflation

Freightos

If you were building a house in 2021, things got rough. The cost of lumber skyrocketed from $354 / 1000 board feet in May 2020 up to $1,683 in May 2021 1. And even if you weren’t building a house, you likely felt the same problem echoed across patio furniture, gym gear, and more.

What’s going on with global supply chains: A primer for the casual consumer

Freightos

(AKA why that couch you ordered isn’t here…and isn’t getting here tomorrow). Disclaimer: This article is a zoom out for the less freight-inclined. If you have a deeper understanding of freight, you might want to check out our Freightos Baltic Index daily container index instead.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Experimenting Our Way Towards The Evolution Of Logistics

Freightos

Co-authored by Rebecca Wright (Head of Marketing, Twill) & Eytan Buchman (CMO Freightos Group). With customer expectations continuously on the rise and as technological progress continues, logistics companies need to explore new ways of innovation.

Are Ocean Freight Prices Absolutely Broken?

Freightos

Special thanks to Lars Jensen, CEO at Sea Intelligence Consulting and Zvi Schreiber, CEO of Freightos Group for their input and insights for this report. . Shipping containers are like scotch. . It’s hard to predict what demand will be like for products like these ahead of time.

New Supply Chain Design Software Benefits Calculator

Curious how much can you potentially save by optimizing your supply chain network? Our benefits calculator helps you find out.

Doing Our Part To Help Logistics Companies Adapt to COVID-19

Freightos

Announcing free access to the Freightos Baltic Index Daily , WebCargo Sky, and Airline Updates to support impacted companies. In 2019, digital freight isn’t a vision; it’s a reality. Whether by air, land, or ocean, supply chains over the last few months paint a picture of rapid fluctuations.

The Great Maersk Shift

Freightos

The following is a 5,000 word exploration of Maersk’s strategic shift to end-to-end logistics services, based on open sources. The free report is available in PDF with supporting spreadsheets and high-resolution infographics here.

Cargo 272

FedEx and Freightos – Improving Digital Freight Together

Freightos

About half the products we buy in stores are imported, which means they not only went through a complex shipping process, but also had to be cleared through customs before they could be sold to us. . Clearing customs is a painful process – the U.S.

Coronavirus and the Trade War: A Perfect Storm Argument for SMB Supply Chain Diversification

Freightos

The coronavirus outbreak has the whole global community concerned and hoping for the swift containment of this humanitarian crisis. . In addition to the terrible human cost, the virus is also sending ripples throughout the global supply chain.

China 170

Prices Set To Ramp Up For Chinese New Year: Freight Rate Update W2

Freightos

Prices Set To Ramp Up For Chinese New Year: Freight Rate Update Wk 2. By John Edmonds, Research & Marketing, Freightos. Weekly update article on the Freightos International Freight Index exploring rate trends and their driving forces. 2018 started with China-US ocean freight prices increasing by 27% as supply chains came back into full swing. Following brief dips last week, ocean and air freight prices will likely rise in the run-up to the Chinese New Year closedown.

China 245

Going to Market Smarter in the New Economy

In 2021, as companies continue to move more functions online, employees will take a more virtual -- and flexible -- mindset and lifestyle in parallel to the digitization of businesses. To succeed, you must change the way you conceive and build new products as a digital business. Download the report today to discover more!

5 Reasons Why Carriers Are Customer-Obsessed

Freightos

Open up LinkedIn and check out the profile of senior salesperson at a freight forwarder or carrier and you’ll probably see several top-tier providers as previous employers. Historically, a carrier’s relationship with importers and exporters was built by sales people. The best of them accumulated books of business contacts, which moved companies with them. But, increasingly, a carrier’s customer relationship is being built by the brand , which explains their newfound obsession with customers.

Cargo 175

How Logistics Is Proving that Amazon Needs to Be Regulated

Freightos

A version of this article originally appeared on JOC.com. . A few days ago, Amazon announced one day delivery plans. In itself, that’s a big deal, but its significance is compounded when you consider the trucking shipment volumes such a move will require; it’s essentially jet fuel for their new freight brokerage business.

Experts Choice Of Top Online Logistics Resources

Freightos

The Experts’ Choice of the Top Online Logistics Resources. Intro Email Newsletters News Sites Social Media Influencers Blogs Unexpected Places. If you’re like me, staying up to date on supply chain news is critical. But for every online “aha” I wade through dozens of yawns. So I went straight to the source and asked consultants, trade reporters, Wall Street Journal reporters and others, what their go-to logistics and supply chain sources were. This was the result.

Nine Killer Digital Tools for Logistics Professionals

Freightos

Technology is nothing. What’s important is that you have a faith in people, that they’re basically good and smart, and if you give them tools, they’ll do wonderful things with them. Steve Jobs. As supply chains expands, they become harder and harder to control. As ships evolve from barges to Maersk EEEs, digital tools for logistics professionals evolve too.

Tools 258

The Forrester Wave™: B2B Marketing Data Providers, Q2 2021

In our 24-criterion evaluation of B2B marketing data providers, we identified the 11 most significant vendors — Data Axle, Dun & Bradstreet, Enlyft, Global Database, InsideView, Leadspace, Oracle, SMARTe, Spiceworks Ziff Davis, TechTarget, and ZoomInfo Technologies — and researched, analyzed, and scored them. This report shows how each provider measures up and helps B2B marketing professionals select the right one for their needs.

The History of the Shipping Container

Freightos

The History of the Shipping Container. 26 April 2016 marks the 60th anniversary of the maiden voyage of the Ideal X and the birth of modern container shipping, a development that played a critical role in spurring the global economy. One visionary, Malcom McLean , features prominently in the industry’s development. But the modern shipping container has changed much more than one industry.

The Ultimate List of Top Logistics Startups – Blog

Freightos

Logistics is the prime example of a changing industry – colossal, ripe for disruption and utterly opaque. And it’s about to get hit by a freight train of innovation. How much do we love freight innovation? Enough to go through every single article published in the top tech blogs – Techcrunch, Verge, Mashable and Recode – since 2007 to count how often articles about logistics startups, freight or cargo were published. And we found that freight innovation is hot. Really hot.

The Data Behind Amazon’s Logistics and Fulfillment Play

Freightos

In his 2017 annual shareholder letter , Bezos lauded “divinely discontent” customers as innovation drivers. This is how he described their impact (emphasis added): “It may be because customers have such easy access to more information than ever before – in only a few seconds and with a couple taps on their phones, customers can read reviews, compare prices from multiple retailers, see whether something is in stock, find out how fast it will ship or be available for pick-up, and more.

Data 172

Freight Visibility and Control: Introducing the Freightos Baltic Index (FBX)

Freightos

Freight Visibility and Control: Introducing the Freightos Baltic Index (FBX). By Zvi Schreiber, CEO, Freightos. When someone asks about the weather, the temperature is an easy response. But answering other questions isn’t always that easy. Even common questions, like the state of the stock market, didn’t always have straight-forward responses.

Supply Chain Network Design: The Ultimate Use Cases eBook

Explore the most common use cases for network design and optimization software. This eBook shares how supply chain leaders leverage their supply chain design software to tackle a variety of challenges and questions.

10 Books Logistics And Supply Chain Experts Need To Read

Freightos

There are tens of thousands of books about logistics and supply chains. Literally. Amazon has 31,817 books about supply chain and 24,934 about logistics. That’s 56,751 supply chain and logistics books. All those books would weigh 49,000 kilograms – half the cargo mass of a Boeing 747-200F. Stacked, those books would be as tall as 10.7 Empire State Buildings. But we got it down to ten logistics and supply chain books you’ll actually want to read. Keep reading to see them.

Logistics Innovation Lessons From DHL’s Innovation Officer

Freightos

I am tomorrow, or some future day, what I establish today. I am today what I established yesterday or some previous day. – James Joyce. Innovators see the world differently. And innovation, technology and logistics are more intertwined than ever. But real progress isn’t always so apparent in freight forwarding.

The State of Digital Freight: The 4×4 Blueprint for Freight 2020

Freightos

As we enter a new year, it’s a great time to look back at how far we’ve come as an industry, set our next goalposts, and map out where we should be as an industry by 2020. The journey to digitize freight, while initially off to a slow start, has gained momentum in the last two or three years. But the road to true digitization is long and winding.

Behind the $5 billion dollars in logistics technology investments

Freightos

Behind the $5 billion dollars in logistics technology investments. By Eytan Buchman, Head of Marketing, Freightos. Today Freightos announced a $25 million dollar funding round , led by GE Ventures. In the five years since Freightos launched, logistics and technology have increasingly converged. At JOC ’s TPM in Long Beach last month, no less than fifteen sessions featured technology, digitalization, and freight future-proofing.

4 AI Hacks to Make Sales Teams More Efficient

Over the last two years, there’s been a 76 percent increase in AI adoption across sales organizations. For sales teams, AI opens up a world of new possibilities, including automating outreach, identifying best-fit buyers, and keeping CRMs flush with fresh data. Read on to learn the four AI hacks sales teams need to improve their performance. Download the eBook today!

Eight Key Takeaways From FreighTech 2018:TLV

Freightos

This week, Freightos hosted over forty logistics and innovation executives for FreighTech 2018, a symposium dedicated to discussing challenges and opportunities in the industry. The catalyst was fairly simple – there are freight conferences and tech conferences, but few that really mesh both very well. Gathering industry experts who categorically both practice and preach meant value delivered right out of the gate.

Cargo 146

Bringing Freight Online with WebCargoNet and Freightos

Freightos

Bringing Freight Online With WebCargoNet And Freightos. We have exciting news at Freightos – we’re proud to announce that we’ve acquired WebCargoNet , a leading logistics technology provider. But this story is more about a vision for a better future of freight, than just another acquisition. An Industry On The Verge Of Change. In many respects, this should be a good time for the logistics industry.

The Logistics Trend Behind The Latest Trend

Freightos

The Logistics Trend Behind The Latest Trend. Contributed Article. About the Author: Founder of ShipStarter, Kenneth is a 25+ year professional of the supply chain industry. He writes content for many of the world’s largest logistics companies, as well as on his own blog site. Are You Up With The Trends? Drinking matcha tea yet? Wearing wood sunglasses or bamboo hooded baby towels? If that’s not you, consider this. That shirt you need to buy for the summer may not have been designed yet.

Trends 173

Why Tech Giants Are Focusing on Trucks, Drones and Ships

Freightos

Why Tech Giants Are Focusing on Trucks and Ships. By Zvi Schreiber, CEO of Freightos. Business Insider’s scoop on Amazon creating an Uber for Trucking app isn’t a surprise. LogTech venture capital investments have been growing rapidly these past years, as recently reported by CB Insights.

Just In: Inventory Optimization Research

How are organizations performing on inventory optimization? How can new technologies help your team improve? Find out in this new research report.

What’s Holding Back Customer-Centric Air Cargo?

Freightos

What’s Holding Back Customer-Centric Air Cargo? . By Etan Efrati, Freightos. As the cream of air cargo’s innovators held turns on the floor, this question came up time and again. The recurring answer? The industry’s mindset is holding customer-centric air cargo back. And, as if choreographed, speakers from startups, carriers, and forwarders brought up example after another of where the forces of change are finally breaking through.

Cargo 156

Introducing the Freightos Marketplace

Freightos

Introducing the Freightos Marketplace. In 1900, gross world production was $175 billion dollars. By 2014, it reached $77 trillion dollars. This tremendous growth was driven by freight shipping, which scaled in size but didn’t significantly improve underlying technology, getting bigger, not getting smarter. For example, 26% of the 730 million TEUs shipped annually and approximately 30% of trucks on the road are empty.

Top 20: The Ultimate Logistics Technology Roundup

Freightos

Feel like you keep on reading headlines about “ the Uber-ificiation of 3D printed big-data drones “? We know how you feel. Logistics startups are popping up everywhere. Logistics start-ups investments shot up from 0.1% of total tech investments in 2012 to 1.37% in the first half of 2014. We’re here to make some order out of the chaos. We’ve rounded up the top 20 logistics technology innovations changing the way over $18 trillion dollars of goods are shipped annually.

The Peak Season Surcharge That Wasn’t

Freightos

The Peak Season Surcharge That Wasn’t. September’s Flagging Ocean Freight Rates. By Zvi Schreiber, CEO, Freightos. . This article originally appeared on Zvi’s LinkedIn page. I spent last week traveling around Asia (6 cities in 6 days!) and one of the recurring themes I heard was shock from carriers about flagging rates. This goes far past the anecdotal.

China 156

How to Overcome the Pain Points of Your CRM

CRM software is a powerful tool when used correctly, yet another obstacle to a sales team’s efficiency when it’s not. Leveraging research and commentary from industry analysts, this eBook explores how your sales team can get back valuable time by overcoming some pain points with your CRM, such as low adoption rates, integrations, and data quality.