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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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This Week in Logistics News (July 31 – August 6)

Logistics Viewpoints

Another shipping crisis strikes, threatens Black Friday shopping. Volansi completes first-ever autonomous ship-to-ship drone delivery. In comparison, Tesla is substituting alternative chips and writing new firmware to work its way around the chip shortage. And now on to this week’s logistics news.

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What’s the Difference Between a Freight Broker and Freight Agent?

Supply Chain Game Changer

The Supply Chain industry provides vast employment opportunities, from procurement to warehouse inventory, management, and shipping. The terms freight broker and freight agent are often confused in the cargo and shipping sector. Freight brokers and agents contribute significantly to optimizing the shipping process.

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The Green Corridor: Looking for the Green Lining

The Logistics & Supply Chain Management Society

The number of alternative and dual-fuel propelled container ship orders out numbers the traditional ICE only engines for new ship orders. Aeronautics engineering innovation is sadly only paddling forward in comparison to the ship building industry. This is big money and infrastructure is working to accompany the change.

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Why Now is the Time to Choose LCL Shipping

CH Robinson Transportfolio

Less than container load (LCL) shipping is rapidly becoming a go-to service option for businesses seeking help in a complex global logistics industry. As COVID-19 affected businesses around the world, the need for expedited LCL shipping grew significantly. The right level of LCL shipping expertise. Reduced costs.

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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. In 1896, the invention of the ‘horseless carriage’ semi-truck improved how goods moved across our country.

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What Are General Rate Increases in Shipping & What Should Enterprises Know?

Intelligent Audit

The GRI shipping term refers to the usual increase in fees that are applied to container shipping rates. To help your company keep total costs in check, this blog will dig into the fundamentals behind GRI shipping increases, what a GRI surcharge is and a few other things to know. What GRI Stands for in Shipping.