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Real-Time Visibility: The Customer Has Spoken

Logistics Viewpoints

Air cargo visibility is also becoming a more important aspect of overall transportation visibility. This is due to the limited capacity on trucks and boats as capacity has shrunk and demand has surged. It is a lot harder for many companies to find capacity on boats. These changes can add significant time to the ETA.

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Logistics Procurement – Performance Management

The Logistics & Supply Chain Management Society

With constrained and somewhat erratic demand and supply – not just of products and materials but also capacity with carriers of all modes – rates have been extremely volatile. What tools we can use to benchmark ocean freight and carriers’ service reliability?

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The Approach to Effective Freight Procurement

The Logistics & Supply Chain Management Society

It serves as the compass guiding shippers toward efficient, economical, and dependable cargo transport. Regular review and report on service providers’ performance against these benchmarks., At the heart of it all, an effective procurement strategy remains paramount.

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February 22, 2024 Update

Freightos

Other knock-on effects may include reduced equipment and capacity leading to sharp rate increases on non-Red Sea lanes, like the transatlantic, where ocean rates have climbed 44% to nearly $1,800/FEU since the start of February. Freight news travels faster than cargo Get industry-leading insights in your inbox.

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5 Easy-to-Use Ways to Monitor Supply Chain Health

Talking Logistics

What’s your primary carrier’s cargo acceptance rate? Benchmark your operation using the selected metrics. There are two broad types of benchmarking: internal and external. Internal benchmarking refers to activities within the four walls of the enterprise. What is your warehouse fill rates and lead times?

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July 11, 2023 Update

Freightos

With volumes higher than in 2018 and 2019 in May and June, ocean rates that for the most part have been at or below 2019 levels may be more a function of excess capacity than of subdued demand. IATA’s latest air cargo demand data show that global volumes fell by more than 5% in May compared to last year and were 7% lower than in 2019.

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August 1, 2023 Update

Freightos

Yellow was one of the US’s largest carriers, and LTL rates are expected to climb in the near term as their capacity is removed from the market. In air cargo, forwarders are likewise not expecting much of a rebound during the November – December peak season, or a return to growth before 2024 at the earliest.