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Ahead of the Curve: How Digitalization Helped Air Cargo Amidst Red Sea Shipping Diversions

Freightos

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.

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Flexibility in the Face of Uncertainty

Freightos

The interesting shift here, though, is that there’s a whole world of alternative shipping routes. With more easily accessible data and bookings, alternatives to, yes, historically alternative routes suddenly become far more viable. In other words, ocean cargo costs would cost about $0.21/kilogram kilogram to Europe.

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The Red Pill: The (Slow Yet Steady) Revolution in Global Freight Digitization

Freightos

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.

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What’s going on with global supply chains: A primer for the casual consumer

Freightos

You’ve seen the Suez Canal memes, you know furniture is taking way longer than usual to get to your door, and you may have even heard about Pelotons shipped by air to reduce delivery times. While the cure for COVID is well on its way, there is no vaccine for what’s afflicting container shipping. Credit: Lufthansa ). But that’s changed.

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Containerized shipping joins modern financial world with CME futures

Freightos

Conversely in 2021 when rates were sky high, suddenly companies that had negotiated fixed rates couldn’t get their cargo on the ship without paying an extra premium surcharge. We refined our data, limiting it to actual pricing used by logistics service providers to ship containers, to ensure validity.

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Successful Cargo Space Delivery

Freightos

Which is why we’re taking our hats off to SpaceX for delivering 7,000 lbs of cargo to the International Space Station (ISS) this week using a reusable rocket – the Falcon 9. Check out how you might have booked this shipment as a freight quote on Freightos. A Space cargo ship sounds like science fiction.

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Shipping Containers and Supply Chain Snarls: Is There a Way Out?

Enterra Insights

Much of the finger-pointing involved the movement of shipping containers into and out of port facilities. For the supply chain to work smoothly, a complex and highly choreographed dance, involving both full and empty shipping containers, must be performed. It used to take two days to get cargo off the docks. Now, it takes nine.