Freightos

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 256

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.

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

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. Land travel restrictions in Asia extended Chinese New Year, dropping ocean freight demand, which, just weeks later, spiked when the shutdown ended.

Ultimate COVID-19 Supply Chain Resource Roundup

Freightos

As COVID-19 spreads and nations across the globe take measures to contain it, the impacts to the supply chain have been dramatic, fast-changing, and many. While we stay on top of all the rapid changes, we’ve also come across a lot of great online resources covering the coronavirus’ impact across the world from many different perspectives particularly COVID-19’s supply chain impact.

Hype Cycle for Supply Chain Strategy, 2020

Our recent supply chain planning survey showed that only 17% of organizations place considerable effort on innovation. For most, firefighting is the norm. But to succeed in today’s business landscape and recover quickly from disruptions, you need to carefully balance operational excellence with innovation for long-term growth. Get insights in this Gartner report to find out where to invest and what you should adopt as standard business practices.

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 174

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.

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. Customs and Border Protection has about 30,000 different product classifications, as do other countries – and customs classifications can be subtle. .

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. The two recent crises in global trade – the outbreak and the US-China trade war – show how vulnerable small and medium size businesses (SMBs) can be to shocks to the supply chain, but also point to ways to mitigate that risk.

China 130

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.

Become a Walmart On-Time In-Full Guru With the Ultimate Guide to OTIF!

Information on Walmart’s On-Time In-Full program is scattered, so we’ve put together everything you need to know about OTIF. Download this ebook to get the skinny on OTIF metrics, identifying the root cause of issues, and how to improve your scores!

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.

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 168

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 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 Five Worst Practices in Procurement

The GEP white paper lists 5 common mistakes that impede the success of procurement professionals. Learn from industry veteran Bill Huber about the wrong and right ways to approach a procurement mandate and why just saving money isn’t enough. Download this report now to learn how to avoid the worst procurement practices.

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.

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 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.

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.

How Georgia-Pacific Turned Their Supply Chain into a Competitive Advantage

Georgia-Pacific, one of the world's leading manufacturers of tissue, pulp and paper and supplier to top brands like Brawny, Angel Soft and DIXIE, trusts ClearMetal for their supply chain requirements. Read the case study to hear how one company turned the reliability and transparency of its supply chain into distinct competitive advantages.

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.

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 139

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.

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.

Mission Critical: Leveraging Learning Engineering to Drive Digital Transformation

Speaker: Trish Uhl, Founder of Owl's Ledge LLC and the Talent & Learning Analytics Leadership Forum

Digital is disrupting every part of an organization's value chain at a record pace, creating a critical need to transform operations and employees' ways of working. Formal training alone can't keep up; it's often too slow, too generic, inconvenient, inefficient, unduly expensive and lacks or lags methods for measuring business-related effectiveness. Trish Uhl show you how to start leveraging Learning Engineering, a multidisciplinary approach that combines modern technology, data analytics, decision science, learning sciences and change management with human-centered engineering design methodologies to ultimately deliver targeted learning outcomes and business results that keep pace with the business and merge learning into the flow of work and lead Digital Adoption.

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 170

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.

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 149

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 149

Webinar on Demand: Resilient Supply Chain Network Design

Speaker: Bhomik Jain, Paul van Nierop & Aanand Pandey

Companies around the world are struggling to cope with COVID-19 disruption. Are supply chain networks resilient enough to weather the storm? Watch this webinar to learn about our research findings in the realm of network design and optimization, and uncover the capabilities you need to build resilience and agility.

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.

Seeing LCL In A New Light

Freightos

For many shippers, air freight wins out on speed and convenience and FCL (full container load) seems a better deal on cost. But, that often means LCL is overlooked as a mode when it would have been the better option. But for several reasons, that perception is changing, many shippers are now seeing LCL in a new light: Forwarders are increasingly providing direct LCL services, reducing the need for trans-shipment.

Survey 120

The Digital Freight Ecosystem Part 2: What’s Bringing Freight Online

Freightos

The Digital Freight Ecosystem. Part 2: What’s Bringing Freight Online. By Zvi Schreiber, CEO, Freightos. In the first part of this article , Dr. Schreiber observed that freight is still largely offline and examined why freight digitalization has been so complicated. . However, despite formidable challenges, the logistics industry has been anything but stagnant. Dr. Schreiber concludes by covering the players (from startups to billion-dollar companies) and the trends changing the industry.

Logistics Technology Trends: The Rise of the Machine

Freightos

Earlier this year, we ran a series of articles exploring the future of logistics technology. Many of the experts – Cathy Roberson , Joel Clum and others, are consultants with a 50,000 foot view of the industry. Today we’re continuing the series with a post by Robert J. Hall, the president of Track Your Truck. Real innovation is driven by the entrepreneurs in the field, which is just one reason we’re so interested in what Mr. Hall has to say.

Trends 189

The Best Sales Forecasting Models for Weathering Your Goals

Every sales forecasting model has a different strength and predictability method. It’s recommended to test out which one is best for your team. This way, you’ll be able to further enhance – and optimize – your newly-developed pipeline. Your future sales forecast? Sunny skies (and success) are just ahead!