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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.

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National Logistics Day 2023

Enterra Insights

Just 14 years later, the first air cargo flight took place in 1910. By 1956, the first container ship sailed from the port of New Jersey to Texas. That includes packaging, warehousing, shipping, and more. Of course, back then they didn’t call it logistics or supply chain management — it was viewed as bartering or trade.

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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.

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The Challenge of Freight Container Utilisation and Why it Matters

Logistics Bureau

Shipping air inside expensive freight containers has never been a cost-effective approach to transportation. Today though, in the wake of the COVID-19 pandemic, it’s even more critical to try and improve capacity utilisation , given the skyrocketing costs of container freight shipping.

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The Data Behind Amazon’s Logistics and Fulfillment Play

Freightos

In other words, if your shipping your own goods, you’re competition. In the US, this sprawling network is defined by a range of different services, from Prime Now hubs near urban centers to fresh food and Whole Food delivery goods, and, of course, fulfillment, sortation and delivery stations. Let’s Talk About Boats, Ships, and Trucks.

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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

Ocean shipping rates have plunged 60% this year. West Coast port congestion leads to new ideas in cross-country rail shipping. The national stockpile had been shipping to only about 5 locations per state and other jurisdictions. The cost to ship a 40-foot container from China to the U.S. As of Sept.