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Jake Hoffman and Joe Lynch discuss the container payment portal and the rise of AI in freight. Jake is the Chief Technology Officer of Gnosis Freight, a logistics tech company focused on the lifecycle of a shipping container as it moves around the world.
The Container Payment Portal will serve as the primary interface for Hapag-Lloyd customers to manage compliance with the Ocean Shipping Reform Act of 2022 (OSRA) and facilitate the payment of import line demurrage charges for U.S. imports from any country. “InMay 2024, revisions to demurrage and detention rules made by the U.S.
The Covid-19 pandemic tested the global supply chain. 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. Check out some of the work that Blume Global is doing in this area.).
FreightBooking Is (Slowly) Going Online. For years, online freight was limited to US domestic trucking. International freight quoting is moving online too, with major progress by enterprise providers, like Kuehne + Nagel , and startups (like the Freightos Marketplace ). For decades, freight was about bigger ships.
The path forward for globalcontainer shipping. Container shipping has a paper problem, and it’s never been more obvious than in 2020. This means that a standardised, scalable approach is the only way to future-proof such a fragmented, complex and global industry. Digital Standards: An investment in the future.
The global pandemic has caused a ruckus in the economy but logistics has risen as an efficient place of access for consumers with doorstep deliveries and minimum human interaction. Proper Tracking of Goods Tracking the consignments effectively is a major concern when it has to be passed from multiple services providers.
event of 2022, my colleagues, Christina Carroll, vice president of LTL, Alan Rowlett, director of global operations and strategy, and I set out to offer exactly that. As port congestion continues to be a problem, what’s your view of containertrack and trace solutions? Do they help gain access to containers sooner?
The state of ocean freight continues to evolve in the wake of peak season, approaching holiday shipping deadlines , and ongoing disruptions. The Freightos Baltic Index has slipped slightly to $9,351 per container as of this writing, but looking at the bigger picture over time raises even more concern.
Transportation management systems also enable you to automate your freight tendering process. By automatically dispatching carriers, you can significantly expedite steps such as booking and tendering of freight. You can use it to quickly generate bills of landing, conduct freight auditing, and create invoices.
The global pandemic has caused a ruckus in the economy but logistics has risen as an efficient place of access for consumers with doorstep deliveries and minimum human interaction. Proper Tracking of Goods Tracking the consignments effectively is a major concern when it has to be passed from multiple services providers.
The global economy rebound from COVID-19 hinges on the discovery and manufacture of an effective vaccine. The global supply chain recovery depends on a vaccine, but I expect the distribution cycle to be longer than the discovery phase. Companies spent the last decade leveraging economies of scale from globalization. None called.
In this article, we review how carrier and forwarder fragmentation remains one of the most significant hurdles for modern freight, how freight standardization and platformification are posed to change that, and why innovation we can’t even imagine might be around the corner. But as a freight technology junkie, it made sense.
The immediate aftermath of the Trump administration’s 125% tariff announcement on China on April 2 saw ocean freightbookings fall 67% week-over-week Following on from the dramatic tit-for-tat increases in bilateral tariffs and the suspension of de minimis for packages from China into the U.S.
The need to know from Reuters’ global network of journalists Retailers rush to save US summer shopping season U.S. Container ship owners swamped as US-China trade detente revives demand Container ship bookings for China-to-U.S. China to US ocean cargo bookings surge after tariff pause, Vizion says U.S.
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