Freightos

OCTOBER 25, 2023

But, industry-wide, ships with a total capacity of more than a million TEU are already idled , and some analysts are predicting that capacity growth will outstrip volume growth at least through 2024. Freight news travels faster than cargo Get industry-leading insights in your inbox.

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The Logistics & Supply Chain Management Society

APRIL 26, 2022

The Energy Observer project started in France in 2017 with support from French industries. Today, partners from the logistics industry alone include Toyota, CMA-CGM, and Air Liquide. You can find out on the ship, which are outfitted with three types of solar panels at present. This vessel can’t get in the ocean quick enough.

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GlobalTranz

SEPTEMBER 23, 2021

Let’s consider these top factors affecting the trucking market, their implications on supply chains and how they are driving change within the industry. . High freight volumes across all industries in the trucking market are expected to continue into 2022.? Legislation may also affect change in the industry.?

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Gravity Supply Chain

MAY 11, 2021

Guy Platten, secretary-general of the International Chamber Of Shipping – ICS , reported: “This kind of incident is rare, and it is a relief to see that no crew were injured and there has been no pollution.” The damage done to the global supply chain will be significant.” PANIC STATIONS.

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Turvo

FEBRUARY 4, 2021

From carrying cargo to keeping shipping lanes open, truckers, carriers, and management alike helped hold supply chains together during the COVID crisis. For 2021 to end up a better year as far as profits go, truck carriers need to focus on analytics and operational efficiency by taking advantage of available tech and innovations.

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Logistics Viewpoints

MAY 19, 2022

He had a load full of cotton bales, and while idling away hours at a shipyard watching stevedores load other cargo onto ships he dreamed up containers that transformed global supply chains. Containerization eventually reduced shipping and loading costs by at least 75%. The myth of the “perfect plan”.

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Intelligent Audit

JANUARY 5, 2022

By learning about ways to minimize spending on pharmaceutical shipping, companies can better compete in the evolving market. . The State of Shipping Pharmaceuticals in the U.S. These problems are especially unhelpful to a burgeoning industry that covers vast distances. So what steps can shippers take to make this reality?

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GlobalTranz

JULY 28, 2017

Freight shipping has relied on the same systems for years, ranging from manual entries to a constant struggle in balancing delivery windows with costs. Before these changes can happen, shippers need to understand a few things about LTL shipping challenges and ways Less Than Truckload technology will impact them. Carrier rates may vary.

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Logistics Viewpoints

DECEMBER 5, 2022

Molex LLC offers more than 100,000 products across a variety of industries. Those industries include data communications, medical, industrial, automotive and consumer electronics. It is part of Koch Industries. Yes, SAP had inbound ASN’s (advanced ship notices). The Molex Supply Chain.

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Intelligent Audit

JANUARY 9, 2023

As the transportation industry waves goodbye (and good riddance) to 2022, innovative logistics professionals are already working hard to make 2023 a banner year for the global transportation industry. With 2023 ready and raring to go, here are the eight news updates and trends happening in the industry that’s always moving.

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Freightos

APRIL 9, 2024

Crews began the on-water removal of containers from the still-stuck Dali , as one necessary step in clearing the ship from the collision site. In air cargo, Red Sea-driven disruptions to ocean freight are still pushing some volumes to the air out of India, though demand is easing somewhat. America and N. kg and $3.36/kg

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Enterra Insights

JUNE 28, 2023

The staff at the Transportation Intermediaries Association (TIA) note, however, that the logistics industry plays an “out-sized — and often underappreciated — role … within the greater transportation ecosystem.”[1] Just 14 years later, the first air cargo flight took place in 1910.

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Logistics Viewpoints

OCTOBER 21, 2021

On the supply side, material shortages, staffing challenges, and shipping capacity constraints are all happening at the same time. Some companies have taken extreme measures such as chartering private cargo ships to sail around port delays. The demand patterns significantly shifted in terms of the product and channel mix.

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Supply Chain Shaman

FEBRUARY 18, 2021

Resist the temptation to place deeper analytics on top of existing data models. Out of desperation, they turned to the use of descriptive analytics. While the industry is flush with terms like digital twin and what-if modeling, current applications were not equal to the need. Baseline demand reflects market potential.)

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Intelligent Audit

JULY 29, 2021

As the delta variant provides an added layer of uncertainty throughout the world, experts frantically search for solutions as peak season shipping 2021 approaches. Navigating peak season shipping 2021 will prove to be the biggest challenge for logistics professionals around the globe. Disruption Will Only Continue.

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Intelligent Audit

MAY 26, 2022

In an industry that has become so essential and dominant, it would make sense to assume all carriers and truckers follow a shipping freight costs standard for bill payment. This, of course, makes getting an accurate freight shipping estimate extremely complicated. . What Affects Shipping Freight Costs ? Distance Shipped.

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Intelligent Audit

SEPTEMBER 13, 2021

With a new focus on parcel carriers and their unique advantage within the transportation industry, the dynamic between shippers and carriers will continue to experience shifts and fluctuations ahead of peak season traffic. Stay Apprised of the Changes Within Parcel Shipping Capacity Limits. ? Take Advantage of Regional Parcel Carriers.

Capacity 52

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Intelligent Audit

JULY 14, 2022

Cargo vessels, planes, and semi-trucks portray freight transportation as they cross great distances to get loads to their final destination. While apparent damage is an obvious reason to file a cargo claim, few know where to start. Loss of Cargo Due to Inaccurate Drop Off and Delivery. dollars in 2021.

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SCMDOJO

MAY 13, 2022

Each year around 700 million TEUs are shipped across the world keeping global trade and businesses running and more than eighty percent of global goods trade volumes are carried by sea, with about a sixth of that volume in shipping containers.

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Intelligent Audit

MAY 25, 2022

Keep track of industry happenings during this business week with the following updates. In the webinar, Aryapadi and Jones share their insight backed by freight analytics to address how some businesses have met consumer demands to expand delivery options by utilizing out-of-the-box methods such as crowdsourcing carriers. .

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Intelligent Audit

SEPTEMBER 30, 2021

The GRI shipping term refers to the usual increase in fees that are applied to container shipping rates. To help your company keep total costs in check, this blog will dig into the fundamentals behind GRI shipping increases, what a GRI surcharge is and a few other things to know. What GRI Stands for in Shipping.

Shipping 52

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Freightos

APRIL 2, 2024

In air cargo, volumes out of China were strong in late March driven by B2C eCommerce growth, though Freightos Air Index China export rates dipped somewhat to $4.23/kg Freight news travels faster than cargo Get industry-leading insights in your inbox. America and $3.31/kg kg to Europe this week. kg to Europe for a 129% increase.

Baltimore 265

Baltimore Asia Europe New York 265

MIT Supply Chain

MAY 8, 2013

Will the cloud enable industry-level supply chain collaboration? Cloud computing is gaining a lot of ground in the supply chain domain, with applications ranging from new analytics to dynamic routing and powerful track and trace features. Let’s bring it down to earth with a specific example – ocean shipping. It’s not a new idea.

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Locus

JULY 24, 2023

The global trucking industry market size has suppressed $285 billion in 2022 and is said to reach $430 billion by 2032. However, trucking industries have many business models they operate by. Think of it as carpooling for cargo – you share the ride, and so you share the costs. It’s all about sharing space.

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Logistics Viewpoints

JANUARY 26, 2021

We estimate that productivity gains and cost savings alone could deliver near-term impact of 200 to 600 basis points of margin expansion across advanced industries, worth $200 billion to $500 billion.”. As companies have scrambled to keep pace with increasing customer expectations around delivery and product customization ?

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Freightera

JUNE 29, 2023

This article explores the latest innovations in LTL tracking and monitoring specifically, their impact on the industry, and their benefits to us all. Real-Time Tracking Systems Real-time tracking systems have revolutionized LTL shipping by providing businesses with precise visibility of their shipments.

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Intelligent Audit

JUNE 30, 2022

Everything from a lack of capacity, manufacturing shortages, cost control difficulties, regional supply delays and disruptions, length and complexity of supply shipping routes, driver and worker shortages, rising costs and expenses, and COVID-related disruptions have contributed to the retail supply chain process today. .

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Turvo

JULY 15, 2021

In the logistics and shipping industry, capacity refers to the amount of space secured on trucks and other vehicles to carry shipment loads. Managers have to ensure enough containers exist at any moment to hold cargo and enough trucks become available to transport them. On normal days, this can be challenging enough.

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Freightos

FEBRUARY 22, 2024

This week’s renewed aggression on commercial vessels though, including one that led, for the first time, to an abandoned ship , may suggest that there is still a long way to go. Freight news travels faster than cargo Get industry-leading insights in your inbox.

Price Reduction 177

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Freightos

NOVEMBER 7, 2023

However, though there have already been examples of carriers offloading containers to meet draft restrictions, for the most part container flows have not been impacted significantly to date as container ship transits are prioritized through reserved slots booked in advance. Some anticipate downsizing among forwarders for the same reasons.

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Resilinc

OCTOBER 4, 2022

A similar story could be told for manufacturing industries whose supply chains extend into Florida. Florida is a major hub and home to a variety of industries including: aerospace, high tech, healthcare, electronics, pharmaceuticals, life sciences, agriculture, manufacturing, security, and more.

Pharmaceutical 62

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Intelligent Audit

NOVEMBER 22, 2022

YoY Volume Lapses Worry Air Cargo Companies. A step away from a normal holiday peak season , air cargo volumes and rates have continued to fall. While demand remains high, the lack of volume points to a troubling lack of peak season increases for an air cargo industry already struggling with volatile fuel prices.

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Supply Chain Matters

DECEMBER 15, 2022

In 2018, global container shipping carrier Maersk and enterprise technology provider IBM announced a joint venture termed TradeLens which was billed as providing more efficient and secure methods for conducting global trade by leveraging blockchain technology. Background. The Announcement.

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Supply Chain Matters

OCTOBER 10, 2023

In its reporting, Bloomberg indicated that Amazon has long practiced a strategy of taking stakes in business areas deemed a priority including a grocery chain, cargo airlines, EV powered parcel vans and others. OCEMA”) , an industry association consisting of 10 major international container shipping companies.

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Freightos

JANUARY 3, 2024

Dive deeper into freight data that matters Stay in the know in the now with instant freight data reporting Sign up for Free Analysis Even with the US-led international naval task force in place, Houthi attacks on commercial vessels continued last week including a missile attack and attempted hijacking of a Maersk container ship on Saturday.

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Freightos

FEBRUARY 13, 2024

But diversions away from the Suez Canal have carriers using more ships to adjust to longer transits and keep to their weekly departure schedules, which has absorbed much of that otherwise excess capacity. In air cargo, volumes increased in late January on pre-LNY demand as well as some shift to air due to the Red Sea crisis.

Negotiating Skills 194

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Freightos

DECEMBER 28, 2023

Longer transit times have disrupted schedules and have carriers and port operators rushing to revise arrival slot allocations in an attempt to avoid the “vessel bunching” of multiple ships arriving at once that was one driver of port congestion and delays at Europe’s major hubs during the pandemic. Europe prices decreased.

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