Freightos

OCTOBER 11, 2023

For the transpacific, rates falling sharply on gradually declining volumes and alongside continued, significant capacity management measures by carriers point to overcapacity as the main driver of the current rate slumps, with excess capacity a major contributor to falling rates on the other lanes as well.

Asia 156

Asia Europe Price Reduction 156

Freightos

DECEMBER 6, 2023

The Suez is facing a different set of challenges though, as Houthis in Yemen attacked three more vessels – two bulk carriers, and an OOCL container vessel they determined to have links to Israeli-ownership – and a US Navy ship on Sunday. Freight news travels faster than cargo Get industry-leading insights in your inbox.

Negotiating Skills 243

Negotiating Skills Price Reduction Asia 243

Freightos

NOVEMBER 28, 2023

Carriers have been reducing capacity through blank sailings and other measures in response. Europe capacity by 21% in November (with a 24% reduction announced so far for December), capacity still remained 11% higher than in 2019, showing that growing fleets and easing demand are combining to challenge rate increase attempts.

Negotiating Skills 195

Negotiating Skills Price Reduction Vendor Strategies 195

Freightos

DECEMBER 13, 2023

Rates maintaining or exceeding their recent gains would likely be a function of stricter capacity reductions aimed at getting prices up during long-term contract negotiations, though there are also signs that demand will start to improve ahead of Lunar New Year.

Negotiating Skills 223

Negotiating Skills Optimal Sourcing Price Reduction 223

Kinaxis

MAY 24, 2018

During her keynote speech, Dana Stiffler, research VP at Gartner shared statistics highlighting how hard it is to find professionals who have the supply chain domain competence and strong knowledge of AI/ML technologies in the greater Chicago area. Here are some key takeaways from the Gartner supply chain event: 1. Digital process prototypes.

Gartner 111

Gartner Supply Chain Execution Conference Supply Chain Planning Software 111

Freightos

DECEMBER 19, 2023

But with alternative routes and plenty of excess capacity available, operations should continue reasonably well, and freight rates are unlikely to spike to extreme highs. 18th, 2023, Source: Marinetraffic Since mid-November multiple ships have been attacked in the Red Sea by Houthi forces in Yemen.

Freight 247

Freight Negotiating Skills Yemen 247

Freightos

MAY 31, 2022

World trade is built on a foundation of global shipping. In the two years prior to starting Freightos, I witnessed, as CEO of a company called Lightech, how international shipping is offline, opaque and inefficient, adding cost and uncertainty to cross-border trade. But it doesn’t always work. Enter Freightos.

Purchasing Skills 156

Purchasing Skills Predictive Analytics Software Logistics Network Optimization Software Supply Chain Planning Software 156