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Back to Logistics Tech School, 2022: the Lost Peak Season, the lingering COVID impact and more

Freightos

The low rates that triggered Hanjin’s bankruptcy in 2017 quickly became a thing of the past, as surging demand, congestion, and a litany of global shipping catastrophes pushed ocean freight rates into the stratosphere. While high, the shipping costs typically paled in comparison to the lost sales due to inventory shortages. Signup Now.

Logistics 156
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National Logistics Day 2023

Enterra Insights

Just 14 years later, the first air cargo flight took place in 1910. He writes, “If you are a part of a very large, multinational corporation, there is great likelihood that there is a logistics department, a distribution center, a freight management function, a warehouse team, an inventory management organization, and a planning team.

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This Week in Logistics News (August 26 – September 1)

Logistics Viewpoints

The number of package flights operated by FedEx Express and UPS significantly declined month over month in July, underscoring how far the overall air cargo market has sunk since the spring of 2022 and the effect of efficiency initiatives the companies have undertaken in response to lower express volumes. Downing St.

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The Data Behind Amazon’s Logistics and Fulfillment Play

Freightos

Not even B2B is spared from these changing expectations (which is why we at Freightos launched an online freight marketplace ). While freight industry executives likely sighed with relief when an update of Amazon’s logistics.amazon.com page on June 28th turned out to be nothing more than a franchise model for courier delivery services.

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Milestone: Freightos Celebrates One Million Transactions!

Freightos

This is particularly true on the air cargo side… but certainly not limited to air. Freight is digitizing itself now at real scale. Crucially, the platform concept means that airlines don’t need to build one-off connections with each freight forwarder and that forwarders don’t need to update dozens of APIs a year.

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How rate transparency grows SMBs: Introducing the FBA Index

Freightos

Of course, COVID-19 has accelerated this trend, with more consumers working from home and ordering online, while it’s also become easier for sellers to source on Alibaba, import, and then sell on Shopify or Amazon.com. With passenger jets and their bellyhold cargo capacity missing, air cargo rates reached record highs as well.

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This Week in Logistics News (September 3 – 9)

Logistics Viewpoints

2, the SNS has shipped more than 800,000 vials of Jynneos and more than 37,000 courses of TPOXX nationwide. ” Freight rates on the main ocean trade routes are sinking during what is typically the industry’s peak season after cargo owners shipped holiday goods early and inflation dented consumer demand. As of Sept.