This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
More Resources Home Navigating the Waves: Exploring Digital Booking in Ocean Logistics at TPM 2024 Judah Levine The sessions at this year’s TPM, the preeminent North American ocean freight conference, was more focused on the role of technology in ocean logistics than ever.
More Resources Home Ahead of the Curve: How Digitalization Helped Air Cargo Amidst Red Sea Shipping Diversions Joyce Tai April 2, 2024 If there’s one lingering lesson from the supply chain crisis of COVID, it’s that digitization can help organizations navigate crises…but that digitization can’t be put in place DURING that same crisis.
It handles everything from rating and booking to shipment management, invoice auditing, and beyond. Off the clock, Jude revels in the complex flavors of spicy curries, savors the balanced notes of an Old Fashioned, and spends countless hours indulging his fascination with ancient esoteric books.
Alex is the President of Expedite All , Americas largest small truck network, with over 9,000 vehicles ranging from cargo vans to straight trucks. About Expedite All Expedite All is Americas largest small truck network, with over 9,000 vehicles ranging from cargo vans to straight trucks.
In air cargo, the plaintiff in a US court case challenging the White House’s suspension of de minimis eligibility for China – set to conclude in July – requested to expedite the trial after the court rejected a DOJ request to suspend the trial while other legal challenges to tariffs are pending.
It handles everything from rating and booking to shipment management, invoice auditing, and beyond. Off the clock, Jude revels in the complex flavors of spicy curries, savors the balanced notes of an Old Fashioned, and spends countless hours indulging his fascination with ancient esoteric books.
What’s Holding Back Customer-Centric Air Cargo? . As the cream of air cargo’s innovators held turns on the floor, this question came up time and again. The industry’s mindset is holding customer-centric air cargo back. That was my big take from Elevate , presented by Air Cargo World earlier this month.
Powered by the most complete, accurate, and low latency container tracking data available, the CLM platform provides logistics professionals with a smarter way to track and manage their containers, from booking until returned empty.
Book a Demo T he Inspiration Behind Freightos Enterprise A little over a year ago, my team and I embarked on an extensive listening tour, sitting down with nearly one hundred enterprise shippers and BCO senior executives from the supply chain and logistics sectors. – Paolo Galli, VP Group Logistics Operations at Electrolux.
Today, 75 to 80% of cargo arrives on time. Advantages Beyond Shipment Booking and Execution. But the Maersk website, which the company cites as one of the top ten global B2B websites by revenue, likely generates far more in terms of searches, booking, and tracking data. A Maersk ocean liner generates some 2 GB a of data per day.
As of this morning, Freightos is a public company trading on Nasdaq with the ticker CRGO , taking the next step in our journey to make global trade more efficient with the world’s global freight booking and payment platform. 90% of products in the US are imported, mostly arriving by sea, in a container, or by air cargo.
Judah Levine November 21, 2023 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) decreased 8% to $1,573/FEU. In air cargo, Freightos Air Index data show China – N.
Meanwhile, massive passenger airline restrictions dramatically reduced air cargo capacity, sending rates through the roof. It’s been clear to us that global trade needs to rely on digital pricing, quoting, and booking to keep up with an already agile environment. And, of course, then the potential recession started to tamper demand.
Hapag-Lloyd has released plans to utilize the newly developed Container Payment Portal (CPP) to accelerate cargo movement for customers and supporting terminal operators. It ensures secure, efficient, and transparent transactions, helpingHapag Lloyd’s terminal partners and customers improve cargo flow across U.S.
Crossing one million bookings annually in 2023, we’ve made significant headway in digitizing spot freight pricing and bookings, especially in air cargo. But, as we hear from our freight forwarder and shipper customers again and again, spot bookings aren’t everything. And it’s happening.
But reports of forwarders and shippers having greater ease securing allocations and spot bookings, and projections for arriving US imports to start declining in September are contributing to expectations that rates will start decreasing in the coming weeks. Freight news travels faster than cargo Get industry-leading insights in your inbox.
Air cargo for example, though continuing to make digital strides, is still behind – and is often compared to – passenger travel where digitized capacity, pricing and online bookings have been around for decades and is in some ways the digitalization template air cargo is referencing.
TL shipping, on the other hand, gives shippers more control over timing and cargo security, since the freight travels directly from origin to destination. Beyond the cost, limited cargo space is a constant constraint, especially on passenger flights that double as cargo carriers. A 3PL can be a valuable ally here , too.
But what is even more complicated is freight billing and handling freight payments: what a cargo owner is initially quoted is often different from what he later is asked to pay. A 2021 Cargo Owners and freight forwarders survey, confirms this. Shipping freight across the world is a complex matter.
in push for freight decarbonization China e-commerce exports, unreliable Red Sea shipping boost air cargo Sephora is expanding its take-back and refillables programs Amazon announced that it delivered to Prime subscribers at its “fastest speed ever” in its quarterly earnings on Tuesday.
There are tens of thousands of books about logistics and supply chains. 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. Empire State Buildings.
But easing rates – even slight declines – in the weeks just before Golden Week when there’s typically upward pressure on prices, together with many anecdotal reports of decreasing ocean bookings, point the other direction. Freight news travels faster than cargo Get industry-leading insights in your inbox. kg since early August.
Port backlogs, cargo limitations on container ships, and a lack of available equipment and port facility staffing. Fewer labor resources are available to meet the rising demand in both the warehouse and in transit. Capacity constraints within truckload and parcel have led to spillover within the LTL market resulting in capacity shortages.
Similarly, fifteen years ago K+N’s homepage didn’t even mention tech: Today, it’s the core focus, offering complete self-service control across freight quoting, instant bookings and shipment tracking from any device. Standards have evolved.
Q1 2021 is in the books. Unless you’re a cargo ship, anchored and waiting.) —- Suez Canal Opens, but Shipping Will Be Snarled for Months (WSJ – sub. The pandemic is still with us, but we have vaccines and toilet paper, so an improvement from last year. Onward and upward we go! req’d) America’s Imports.
In air cargo, Air Canada is bracing for disruptions from a possible pilot strike next week. Freight news travels faster than cargo Get industry-leading insights in your inbox. Freightos Air Index rates from China to N. America and Europe were $5.82/kg kg and $3.45/kg
Anti-narcotics investigators have uncovered substantial amounts of the disguised drugs in the past two years as smugglers go to ever-more elaborate lengths to get illicit cargoes on board ships. The majority of the volume will fit within UPS’ existing U.S. daytime flight operations, EVP and CFO Brian Newman said.
International cross-border e-commerce is typically transported by air cargo. According to Alibaba's announcement, "This will allow SMEs to directly book transparent, cost-effective shipping with a single click." In 2017, for example, Maersk began offering services to Chinese shippers on Alibaba's OneTouch booking website.
CALISTA is a platform that provides companies access to reliable and competitive freight options, timely visibility of cargo movements, accurate advisory on trade formalities and compliance to regulations, and availability of fuss-free working capital support. In 2020 alone, it facilitated over 30 million transactions.
Two years ago they partnered with ECS Group to offer online freight booking. Following a successful pilot in France, forwarders can now send booking requests directly from their pricing platform. They picked up the World Air Cargo award ‘Best IT for the Industry’ category, the last two years running. And we’re not slowing down.
In a strange twist, all the parking spaces for private planes in Las Vegas are currently booked, according to the Associated Press. Delta Cargo , a unit of Delta Air Lines Inc., But her biggest challenge, as it turns out, is finding parking for her private plane. I guess she’ll have to work some of that Taylor magic.
Flexport enables shippers to automate orders, onboard suppliers, book logistics, track cargo—even if other partners handle it. Flexport enables their clients and partners to simplify their supply chains by putting everything into one system. Learn More About Ocean Freight Survival Guide.
According to Kurzweil’s new book, nanorobots may be the key to stopping human aging and letting us live for thousands of years. The company said it took a $157 million impairment charge for permanently deactivating the 757 cargo jets along with seven engines. Postal Service after UPS recently won the five-year contract.
Some forwarders report that this increase in transpacific demand out of South East Asia with some estimates putting bookings from SEA to the US up 20% in the last few weeks is to some extent offsetting their drop in freight demand out of China. This effect has been much less apparent for air cargo. kg last week. kg last week.
The Panama Canal Authority (ACP) has suspended bookings for super vessels through Sept. Suspending these bookings enables the super vessels without reservations and the longest wait times to travel through the canal on a first-come, first-served basis. days for general cargo vessels.
Maersk said Tuesday it was halting bookings in light of the sanctions imposed on Russia, including congestion being caused by customs authorities inspecting cargo bound for the country and changing credit terms impacting its customers. Moller-Maersk A/S and Mediterranean Shipping Co., The new pool, to be known as SACP 3.0,
In air cargo, global volumes increased 13% year on year in June , with Q2 cargo out of Asia up 18% year over year, after 20% growth in Q1 mostly attributed to e-commerce volumes. Best, Judah Levine, Head of Research Freight news travels faster than cargo Get industry-leading insights in your inbox. America and 10% to $1.88/kg
For ocean cargo , however, if a shipment gets bumped to the next ship, it can add up to 15 days to the transit time. Unlike other visibility platforms, Dynamic Ocean offers comprehensive multimodal visibility for each leg of the journey, alongside rate and booking management, and document management/visibility. Shipment at origin.
It handles everything from rating and booking to shipment management, invoice auditing, and beyond. Off the clock, Jude revels in the complex flavors of spicy curries, savors the balanced notes of an Old Fashioned, and spends countless hours indulging his fascination with ancient esoteric books.
Exploring alternative shipping routes and modalities, including air cargo, is crucial despite the higher costs. They should monitor the evolving geopolitical situation and adjust their shipping strategies accordingly. Budgeting for fluctuating rates and remaining abreast of carrier negotiations are essential strategies for navigating 2024.
Even if a trailer is loaded and shipped on time, poor safety checklists and failure to properly secure cargo can result in extreme compliance and safety violations, which may cause injury during unloading or transfer of goods to another vehicle. Another factor that impacts yard management is safety and compliance.
4. Present and obtain quote confirmation to win business and proceed with booking. 5. Share booking details with clients. 6. Coordinating and communicating the movement of cargo and monitoring for exceptions. Build and share a quote using the best available options. 7. Modify the delivery plan as necessary.
More and more cargo shifted to ocean transport until the container imbalances resulted in issues with “rolling the freight” from ship to ship despite confirmed bookings. Air expediting took on a new meaning in January, with air capacity down 18% and escalating prices.
We organize all of the trending information in your field so you don't have to. Join 102,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content