Freightos

JANUARY 10, 2024

More Resources Home January 10, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. Asia – N. Asia – N. China – N.

Negotiating Skills 224

Negotiating Skills Asia Price Reduction Optimal Sourcing 224

Logistics Viewpoints

MAY 20, 2022

Autonomous cargo ship completes 500-mile voyage. In our last piece of autonomous vehicle news, the “world’s first” autonomous commercial cargo ship has successfully completed a near-500-mile voyage in the congested waters of Tokyo Bay, traveling without human intervention for 99 percent of the trip. Good news is on the way, however.

Logistics Network Optimization Software 197

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software Supply Chain Network Software 197

Turvo

OCTOBER 5, 2021

The shortage of containers also drives up the cost of new containers, as manufacturers increase their prices in response to strong demand. Containers from Asia were shipped to North America, but due to COVID-19 restrictions, almost nothing moved in the opposite direction. Congested ports due to a reduction in workforce.

Capacity 66

Capacity Negotiating Skills Asia Price Reduction 66

Resilinc

JULY 6, 2021

The extreme port congestion and container shortages that drastically reduced shipping out of Southern China last month have eased, but as freight volumes from Yantian and other Pearl River Delta ports recover, the rebound will send another wave of disruptions through the troubled global shipping network, according to American Shipper.

Supply Chain 80

Supply Chain Modeling Asia Hawaii 80

Zipline Logistics

MARCH 30, 2021

Following an unprecedented downturn, the freight market has posted an almost full calendar year of impressive growth spurred by demand from a few sectors of the domestic economy. The second half of the past quarter was highly atypical and posted freight volumes that vastly exceeded those generally seen during peak season.

Freight 52

Freight Manufacturing Procurement Los Angeles Purchasing Skills 52

Freightos

APRIL 24, 2016

For centuries the expense, risk, and frustration with ocean freight held back expansion of the international economy, despite the invention of the steam invention. Break-bulk loaded cargo was poorly secured required a Tetris-like approach to handle diverse sizes of packages. First use of a modern container for ocean freight.

Shipping 120

Shipping Cargo Supply Chain Design Software Asia 120

Logistics Viewpoints

DECEMBER 5, 2022

The fact that most manufacturers struggled to achieve supply chain agility during COVID is not news. Molex has more than 80 manufacturing facilities around the world supported by an 18,000 strong supplier eco-system that provide raw materials, electronic components, and services. The Molex Supply Chain. The Advantages of Agility.

Agile and Lean Supply Chain 196

Agile and Lean Supply Chain Rail Software Manufacturing Procurement Supply Chain Planning Software 196

QAD

OCTOBER 8, 2020

The country is located in southeastern Europe and southwestern Asia. Manufacturing in Turkey. Primary manufacturing industries include textiles, food, automobiles, electronics, mining, steel, petroleum, construction, lumber and paper. Supply Chain Infrastructure for Manufacturing. of its GDP. Agriculture makes up 6.8%

Turkey 98

Turkey Italy Syria Bulgaria 98

GlobalTranz

APRIL 26, 2016

The Freightos System is SaaS for freight contract management, automatic price quotations, and business intelligence. For centuries, the expense, risk, and frustration with ocean freight held back expansion of the international economy, despite the invention of the steam invention. First use of a modern container for ocean freight.

Shipping 120

Shipping Logistics Network Optimization Software Supply Chain Design Software Modeling Software 120

Operations and Supply Chain Management

FEBRUARY 17, 2022

With global cargo lanes clogged, businesses are turning to new ways to deliver goods. Mississippi River cargo traffic near Luling, La. Rickenbacker International Airport was a bustling hub for air freight well before the pandemic—a day’s truck drive to half of the U.S. We had a good cargo business before the pandemic.

America 52

America Pharmaceutical Supply Chain Design Software Supply Chain Planning Software 52

ivalua

MARCH 31, 2020

And even if an order from an overseas supplier were to be filled, delivery issues would be compounded by the declining number of air and ocean freight options to move products into the U.S. Without an intact supply chain, a manufacturing business will starve for key inputs into its production process.

Supply Chain Design Software 130

Supply Chain Design Software Agile and Lean Supply Chain Manufacturing Procurement Supply Chain Software 130

QAD

SEPTEMBER 8, 2020

Despite the years of political turmoil, the country was able to diversify its economy to include robust manufacturing, services and a thriving tourism industry. Located in Southeast Asia, Malaysia is bordered by Thailand, Borneo, Indonesia, Brunei and the South China Sea. Manufacturing in Malaysia. Agriculture makes up 8.8%

Malaysia 80

Malaysia Thailand Indonesia Singapore 80

American Global Logistics

DECEMBER 7, 2022

We had a hangover from the pandemic: Which led to continued inventory shortages, closures of manufacturing plants in China, congested ports, and underemployment. Cargo planes could not fly out of or into Russia or Ukraine. Cargo capacity exacerbated inventory shortages in the first half of 2023.

Russia 52

Russia Inventory Reduction Price Reduction Modeling 52

Supply Chain Matters

APRIL 7, 2022

The World Container Index , assessed by Drewy Consultants, is a compilation of eight major shipping routes to and from the United States , Europe and Asia. Data published at the end of March indicates that for movement of ocean container shipping transit from Asia to North America , the average time had declined to 108 days, upwards of 15.4

Global Transportation 52

Global Transportation Logistics Network Optimization Software Cost Reduction Strategies Global 52

Resilinc

APRIL 19, 2023

Labor disruptions include strikes (such as company/site level strikes, national strikes, transportation strikes, airport strikes, union contracts and strikes, cargo strikes, border authorities strikes, and postal services strikes), as well as layoffs, labor walkouts, and labor protests.

Supply Chain Disruption 62

Supply Chain Disruption Supply Chain Planning Software Supply Chain Planning Data 62

Ware2Go

JANUARY 7, 2022

Recent supply chain disruptions , including images of cargo ships stuck off the West Coast , have led eCommerce shops to rethink their just-in-time and just-in-case inventory strategies. . In a November survey , 87% of merchants shared that they already were affected by increased freight costs.

Just-in-Time 98

Just-in-Time Optimal Sourcing Manufacturing Procurement Supply Chain Disruption 98

Material Handling & Logistics

FEBRUARY 6, 2018

With Chinese New Year approaching fast workers will travel throughout the country to return to their families and celebrate the New Year, with all manufacturing shutting down for the duration. One to two weeks before CNY, factories will speed up their production causing a surge of freight. The country will celebrate from Feb.

How To 85

How To Indonesia Malaysia Taiwan 85

Freight Plus

JANUARY 18, 2022

Ocean carriers estimate that the current backlog would take over 5 months to clear out, and that’s only if no more freight was booked in Asia. Federal Maritime Commission (FMC) updated its policies to make it easier for cargo owners to file complaints against ocean carriers over alleged unfair and unreasonable business practices.

Freight 52

Freight Long Beach Asia Demand Planning Software 52

Ware2Go

JANUARY 7, 2022

Recent supply chain disruptions , including images of cargo ships stuck off the West Coast , have led eCommerce shops to rethink their just-in-time and just-in-case procurement strategies. In a November survey , 87% of merchants shared that they already were affected by increased freight costs.

Just-in-Time 52

Just-in-Time Optimal Sourcing Manufacturing Procurement Supply Chain Disruption 52

ToolsGroup

APRIL 1, 2022

Thanks to container prices rising as much as 600%, money that could be used for advertising went to freight companies instead. 49% of respondents were from the manufacturing industry, 16% from the mechanical engineering sector, and 11% from the automotive market. Nikkei Asia ). Consultancy UK). Source: Consultancy.UK.

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

SCMDOJO

APRIL 15, 2024

billion (net profit) Profit by Region/Country: North America is a major market, followed by Europe and Asia. Billion US Dollars), followed by Europe and potentially Asia. Perishable goods like fresh food may utilize air freight for faster delivery to distant locations.

Logistics Network Optimization Software 79

Logistics Network Optimization Software Inventory Reduction Sourcing Strategies Inventory Management Software 79

Supply Chain Matters

JUNE 23, 2023

Last year we noted that the out of sync theme was refreshingly more candid in depicting the challenges and ills of the logistics and transportation services sector and the need for new thinking and added emphasis on shipper and cargo holder value and service’s needs. companies have been increasingly moving supply chain closer to home.

Procurement Analytics 40

Procurement Analytics Report Negotiating Skills Purchasing Skills 40

Operations and Supply Chain Management

APRIL 17, 2020

Container ships move the vast majority of manufactured products, and operators touted the behemoths as a tool that would boost global trade. That jump-started a competition among carriers to get bigger ships, and the ships are now a mainstay on the world’s busiest trade lanes between Asia and Europe. Denmark’s A.P.

Expense Reduction 52

Expense Reduction Modeling Supply Chain Design Software Cost Reduction Strategies 52

Supply Chain Opz

JUNE 1, 2014

Manufacturing systems and regulatory compliance are considered to be very complex, coupled with the limited number suppliers due to the high barriers to entry. Moreover, the aircraft manufacturers have to do whatever it takes to win the order long before the commencement of production.

Case Study 239

Case Study Supply Chain Planning Software Supply Chain Design Software Study 239

Elementum

MAY 13, 2015

The country’s underdeveloped intermodal freight transportation system is consistently outperformed by its faster and better integrated U.S. The move may be risky, but the mega retailer’s play may also be indicative of an emerging trend in North American maritime freight. freight imports anytime soon.

Mexico 60

Mexico Supply Chain Planning Software Supply Chain Planning Retail 60

Logistics Viewpoints

MARCH 19, 2021

Washington farm exports crimped by cargo-container shortage. With the third vaccine authorized, these manufacturers are pressing for more companies to be authorized to ship the vaccine. And while most people think of over the road trucking first, ocean freight is making waves. HelloFresh boxes sustainability.

Logistics Network Optimization Software 36

Logistics Network Optimization Software Real Estate Logistics Waste Reduction 36

Supply Chain Opz

NOVEMBER 9, 2014

Whether you''re a manufacturing company in China, a sourcing agent in London or a world''s leading company in Silicon Valley, we''re all in a global supply chain networks. Flexibility, in particular in manufacturing, is an important skill that when implemented well can produce long term efficiencies and robustness to the supply chain.

Waste Reduction 274

Waste Reduction Cost Reduction Strategies Supply Chain Planning Software Inventory Reduction 274

CH Robinson Transportfolio

JANUARY 3, 2020

For example, you might be surprised how beneficial rail service between Europe and Asia can be for your business today. . Working in close cooperation with the government of two Chinese provinces, Sichuan and Chongqing, these companies moved manufacturing facilities to inland China. Are you looking to decrease air freight costs?

Asia 46

Asia Europe Logistics Network Optimization Software Cost Reduction Strategies 46

Material Handling & Logistics

DECEMBER 2, 2018

Top 10 Supply Chain Innovations of 2016 : robot pickers, bridge-inspecting drones, autonomous freight shuttles, and more. cities have launched Smart City Logistics innovations and protocols, following the lead of Europe and Asia. ? Content Summary: Autonomous Boats Could Ferry Cargo in Busy Cities. Several major U.S.

Supply Chain Design Software 110

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Innovation 110

Supply Chain Network

OCTOBER 3, 2011

providers in North America, Europe, Asia-Pacific and Latin America, as well as other locations throughout the. Government investment in infrastructure will contribute to attracting global manufacturers and 3PLs to do. 2,258 logistics executives from both 3PL users and providers in North America, Europe, Asia-Pacific and Latin.

Third Party Logistics 99

Third Party Logistics Logistics Network Optimization Software Study Logistics 99

Zipline Logistics

JANUARY 3, 2023

What a whirlwind the 2022 Freight Market was – we saw inflation, fuel prices, and freight rates hit record highs. Disruptions across the Chinese manufacturing sector are likely to impact the global supply chain of goods and the world’s economy. . Freight Market . Economic Factors . Inflation . Russian-Ukraine War .

Freight 74

Freight Price Reduction Cost Reduction Strategies Expense Reduction 74

Stord

APRIL 26, 2022

The Three Types of Supply Chain Strategies Making Waves Today, we’re seeing businesses take creative approaches to increasing the resiliency of their supply chain, and these strategies boil down to three categories: changes to the way goods are manufactured, transported, and stored. Manufacturing changes tend to be the most challenging.

Inventory Reduction 78

Inventory Reduction Vendor Strategies Cost Reduction Strategies Expense Reduction 78

Logistics Viewpoints

JANUARY 21, 2022

Shippers struggle as ocean freight rates soar. China is home to nearly one-third of all global manufacturing, so a prolonged shutdown could certainly have major ramifications on global supply chains. Additive manufacturing , or 3D printing , has been around in one shape or form for a while. FourKites acquires NIC-place.

Logistics Network Optimization Software 190

Logistics Network Optimization Software Supply Chain Design Software Rail Software Supply Chain Planning Software 190

CH Robinson Transportfolio

SEPTEMBER 9, 2021

Originally native to Asia, the BMSB was accidentally imported to North America in the late 1990s, and to some European countries after 2000. To assist importers, MPI has developed a new manufactures declaration template to replace the five pre-existing templates from last season. What is the Brown Marmorated Stink Bug?

New Zealand 59

New Zealand Australia Packaging North America 59

Logistics Bureau

JULY 25, 2022

Given that some Asian and South American countries have no compunction about continuing to do business with Russia, and that many companies in the West have trade relationships in Asia and South America, the sanctions have caught many Western companies’ supply chains in a stranglehold. But the problems don’t stop there.

Agile and Lean Supply Chain 86

Agile and Lean Supply Chain Ukraine Supply Chain Strategy Supply Chain Design Software 86

CH Robinson Transportfolio

JUNE 28, 2021

Rising material costs and historically high freight rates can eat into the profitability of your renewable energy project. That includes making sure manufacturers upstream of your project can reliably get raw materials. The majority of solar equipment manufacturers are in China, Vietnam, Thailand, and Malaysia.

Supply Chain Design Software 70

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 70

CH Robinson Transportfolio

SEPTEMBER 21, 2020

It’s no secret the way companies ship their freight has shifted due to COVID-19. Robinson is great at helping customers secure capacity and optimize their global freight across our suite of service offerings as their needs evolve. However, COVID-19 is not the only event putting pressure on the freight market now.

Supply Chain Planning Software 48

Supply Chain Planning Software Supply Chain Disruption Agile and Lean Supply Chain Supply Chain Planning 48