article thumbnail

Ahead of the Curve: How Digitalization Helped Air Cargo Amidst Red Sea Shipping Diversions

Freightos

More Resources Home Ahead of the Curve: How Digitalization Helped Air Cargo Amidst Red Sea Shipping Diversions Joyce Tai April 2, 2024 If there’s one lingering lesson from the supply chain crisis of COVID, it’s that digitization can help organizations navigate crises…but that digitization can’t be put in place DURING that same crisis.

Cargo 217
article thumbnail

Flexibility in the Face of Uncertainty

Freightos

Most recently, the recent disruptions in the Red Sea that saw ocean freight rates from China to Europe by over 190% and saw transit times lengthen, sea-air services offered a strategic advantage for logistics professionals able to remain agile, by watching trends and jumping at opportunities to ensure a resilient supply chain.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Navigating Uncharted Waters: SMB Importers, 2024 and Red Sea Crisis Lessons

Freightos

The implication for global freight beyond the now typical uncertainty is predictably elevated operational costs and soaring freight rates. This optimism is buoyed by the fact that 55% of importers have their inventories in check, anticipating a stronger freight demand in the coming year.

article thumbnail

Peak Shipping Season Update: What’s Driving Change in the Industry?

GlobalTranz

Higher freight volumes. Stronger freight volumes are expected as pent-up demand from consumers, retailers, and manufacturers reaches an apex. Shrinking capacity from higher freight volumes results in higher rates throughout peak season and beyond. Download the Report: 2021 Peak Shipping Season Survey. Download Report.

Shipping 232
article thumbnail

Countdown to Black Friday: Are You an Easy Target for Cargo Theft?

Talking Logistics

As shoppers count down the days until they can score deals on the hottest products, cargo thieves are counting on cashing in on opportunities to swipe unattended trailers and shipments. The industry experiences more cargo theft incidents when there is a higher volume of consumer goods moving through the supply chain.

Cargo 100
article thumbnail

The Importance of Transportation Visibility

Logistics Viewpoints

As I mentioned in an earlier post on the growth drivers for the Transportation Management Systems market , transportation visibility tools are one of a number of technologies that are improving performance and helping to reduce freight spend. Air cargo visibility is also becoming a more important aspect of overall transportation visibility.

article thumbnail

The State of the Trucking Market in 2021

GlobalTranz

High freight volumes across all industries in the trucking market are expected to continue into 2022.? The added strain on resources is on track to force high freight volumes to continue well into the next year. Port backlogs, cargo limitations on container ships, and a lack of available equipment and port facility staffing.?