article thumbnail

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.

Cargo 215
article thumbnail

This Week in Logistics News (January 27 – February 2)

Logistics Viewpoints

Teradyne , a supplier of semiconductor testing equipment, pulled manufacturing worth about $1 billion out of China last year, a Teradyne spokesperson said on Monday, after U.S. A factory in Suzhou was the company’s main manufacturing site for its semiconductor test equipment, which it subcontracted to Flextronics.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

September 6, 2023 Update

Freightos

Air rates – Freightos Air index China – N. kg China – N. Freightos Air Index data shows ex-Asia and transatlantic rates remain more than 40% lower than a year ago though China – N. Freight news travels faster than cargo Get industry-leading insights in your inbox. Europe – N.

article thumbnail

This Week in Logistics News (May 27 – June 2)

Logistics Viewpoints

manufacturers re-evaluating their reliance on China. manufacturers re-evaluating their reliance on China. Executives are plotting alternate supply chains or devising products that can be made elsewhere should China’s hundreds of thousands of factories become inaccessible. And now on to this week’s logistics news.

article thumbnail

Coronavirus and the Trade War: A Perfect Storm Argument for SMB Supply Chain Diversification

Freightos

The two recent crises in global trade – the outbreak and the US-China trade war – show how vulnerable small and medium size businesses (SMBs) can be to shocks to the supply chain, but also point to ways to mitigate that risk. The (Digital) Rise of SMBs. Coronavirus Impact. million freight containers each year.

article thumbnail

How Disruptions like Coronavirus Test The Resilience Of Supply Chain Planning

AIMMS

Manufacturers like Hyundai are experiencing a shortage of components that threaten s to halt production. Avenues of transport are declining as major cargo airlines, like Cathay Pacific , drastically reduce flights to mainland China and Hong Kong.

article thumbnail

This Week in Logistics News (May 14 – 20)

Logistics Viewpoints

Autonomous cargo ship completes 500-mile voyage. In our last piece of autonomous vehicle news, the “world’s first” autonomous commercial cargo ship has successfully completed a near-500-mile voyage in the congested waters of Tokyo Bay, traveling without human intervention for 99 percent of the trip. Good news is on the way, however.