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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 globalsupplychain. Like riding a bumpy road, the supplychain leader is riding the ups and downs of changing market conditions facing greater variability day-to-day. Here, based on interviews with supplychain leaders, I share lessons learned. Lessons Learned.
In 2016, LEGO and Old Navy chose supplychain professionals to lead their organizations. There are precedents for tapping supplychain professionals as CEOs, such as Apple choosing Tim Cook after Steve Jobs. This year, supplychains reached Silicon Valley (and not just in the form of logistics startups ).
Making the most out of today’s challenging supplychain trends requires a deep understanding of the market and timely information that helps you achieve a competitive advantage. Q1 2022 SupplyChain Trends and Hot Topics. The first is pricing, especially the record rates within the international supplychain.
The path forward for globalcontainer shipping. Container shipping has a paper problem, and it’s never been more obvious than in 2020. COVID-19 has put unprecedented strain on the world’s supplychains. 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.
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.
For your supplychain to function seamlessly, you need to keep tabs on it to make sure that every aspect is working as it should. Additionally, you’d want to keep track of whether those deliveries are taking place as planned or if there are any delays so you can quickly jump in with a solution. Tracking and visibility.
The global economy rebound from COVID-19 hinges on the discovery and manufacture of an effective vaccine. However, supplychain leaders well understand that drug discovery, manufacturing, and distribution are all necessary to deliver the vaccine to a willing arm. As a result, the supplychain, as we knew it is dead.
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 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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