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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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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.

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This Week in Logistics News (September 30 – October 6)

Logistics Viewpoints

Market reporting agency WorldACD said on Saturday that express shipments were down 17% from January to August versus the same period in 2022. The carrier also appears to have benefited from UPS freight diverted by shippers that feared a potential strike by drivers and warehouse workers leading up to an agreement on a new labor contract.

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This Week in Logistics News (May 28 – June 3)

Logistics Viewpoints

Cargo losses escalate as thieves target cars, electronics. The Port of Oakland reported cargo in April dropped 7 percent compared to the same period a year ago due to factory and port shutdowns in China. With the reduction in cargo coming out of Shanghai, some carriers aren’t able to fully load a vessel. s CargoNet.

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Business Logistics: Tips for Saving Money on Freight Bill Financing

Intelligent Audit

Many expenses arise from these disruptions that impact the bottom line profits for shippers today; one of the most volatile and impactful is freight bill financing. Managing freight costs and freight payments , whether per mile, per load, or truckload is vital to overcoming the obstacles and disruptions currently plaguing the industry.

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Using Freight Auditing and Payment to Improve Working Capital & Cash Flow

Intelligent Audit

For several reasons, working capital management and freight auditing remain vital for achieving growth and success in the modern supply chain. Freight audit and payment management can help highlight and address these expenses. How Freight Auditing and Payment Boosts Working Capital and Cash Flow.

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National Logistics Day 2023

Enterra Insights

Just 14 years later, the first air cargo flight took place in 1910. The staff at Holiday Calendar reports, “This special day was established to recognize and honor the contributions of logistics professionals. His detailed written record paved the way for future traders and merchants traveling between Europe and China.