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Jake Hoffman and Joe Lynch discuss the container payment portal and the rise of AI in freight. Jake is the Chief Technology Officer of Gnosis Freight, a logistics tech company focused on the lifecycle of a shipping container as it moves around the world.
A trucking entrepreneur, Malcolm McLean recognized the inefficiencies of traditional cargo handling methods and saw an opportunity for innovation. In 1956, he launched the first container ship , the Ideal X, carrying metal containers from New Jersey to Houston.
US shippers are rushing to restock and frontload inventories in the wake of the 90-day reduction in tariffs, and there are already signs of queues building back to China that could cause another period of chaos along the critical trans-Pacific trade route. This number falls back to down to two in July as capacity is injected back in.
Global supply chains are facing fresh disruptions as trade tensions escalate, digital innovation transforms logistics, and energy partnerships reshape infrastructure. has imposed new tariffs on Canada, Mexico, and China, triggering retaliatory measures that could drive up costs and destabilize markets. energy independence.
The need to know from Reuters’ global network of journalists Retailers rush to save US summer shopping season U.S. Container ship owners swamped as US-China trade detente revives demand Container ship bookings for China-to-U.S. China to US ocean cargo bookings surge after tariff pause, Vizion says U.S.
Hapag-Lloyd has released plans to utilize the newly developed Container Payment Portal (CPP) to accelerate cargo movement for customers and supporting terminal operators. It ensures secure, efficient, and transparent transactions, helpingHapag Lloyd’s terminal partners and customers improve cargo flow across U.S.
The Covid-19 pandemic tested the global supply chain. Initially, the output was published to procurement to design strategic buying strategies. The focus of the transportation suites was on cost mitigation and price negotiation. Check out some of the work that Blume Global is doing in this area.). Over time, this changed.
Turvo, provider of the world’s leading collaboration application designed for the supply chain, recently announced a new partnership with ocean freight visibility management technology solution provider OpenTrack. “This partnership brings together two companies that are solving systemic issues in global trade. About Turvo.
The state of ocean freight continues to evolve in the wake of peak season, approaching holiday shipping deadlines , and ongoing disruptions. The Freightos Baltic Index has slipped slightly to $9,351 per container as of this writing, but looking at the bigger picture over time raises even more concern.
Maritime shipping has long been the backbone of international trade, facilitating the transport of goods across oceans and connecting distant markets. However, the efficiency of maritime shipping has always been—and continues to be—dependent on interdependent variables. manufacturers, including McCormick & Co. and General Motors.
event of 2022, my colleagues, Christina Carroll, vice president of LTL, Alan Rowlett, director of global operations and strategy, and I set out to offer exactly that. As port congestion continues to be a problem, what’s your view of containertrack and trace solutions? Do they help gain access to containers sooner?
The only change with RFID is that one can scan more than one object at a time, thus reducing time and energy with improved efficiency. RFID for containertracking. RFID is the best way to manage consignment without incurring the cost, effort and stress associated with tracking lost shipments.
Attached a picture of a container, which was exposed to a shock of 20G while in transport. All this information allows to mitigate future risk, reduce insurance premium and capital cost. arviem cargo monitoring container monitoring containertracking risk management shock exposure of container supply chain monitoring'
The pandemic has further weighed down the performance of ports worldwide, with minimal workforce available at terminal hubs and fewer shipping containers on the move, thus bringing global port operations to an abrupt halt. . The maintenance and repair costs can easily reach 12% of a shipping line’s operating costs. .
Who is responsible for the transport damage, who pays the cost of lost production? To collect the plurality of information different technologies are used that give whole containers its own intelligence to provide additional information, their condition and environment records which can be stored and even communicate in real time.
In addition to conventional full container loads, many ZF divisions however also ship consolidated containers consisting of materials from different suppliers and ZF plants. Due to the number of consolidated containers, tracking at the material level was necessary and implemented on the basis of Advance Shipping Notification (ASN).
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