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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.

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Doing Our Part To Help Logistics Companies Adapt to COVID-19

Freightos

In 2019, digital freight isn’t a vision; it’s a reality. Land travel restrictions in Asia extended Chinese New Year, dropping ocean freight demand, which, just weeks later, spiked when the shutdown ended. Meanwhile, massive passenger airline restrictions dramatically reduced air cargo capacity, sending rates through the roof.

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Get the Best Freight Forwarder Rates!

Supply Chain Game Changer

What’s the Difference Between a Freight Forwarder and a Customs Broker? Get Our EBOOK HERE. Freight forwarder rates article and permission to publish here provided by Victor at excelsior.ph. If you are a business owner looking for a freight forwarding service, the first thing you must consider is your preferred budget.

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Freightos Raises $25 Million Round Solidifying Position As Digital Global Freight Leader

Freightos

Round extension led by GE Ventures, after 600% order growth in six months following the Freightos Marketplace launch and adoption of Freightos software by 1,000 freight forwarders. In August 2016, Freightos acquired WebCargoNet , a Barcelona-based technology provider of air cargo rate management and eBookings. Jonathan Pulitzer.

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Two Modes, Split Roads

Freightos

Here at Freightos, our vision is to digitalize international freight–air and ocean. But so far air freight and ocean freight have gone in different directions. Remember that there was zero airline ebooking at the beginning of 2018. There is progress in digitalizing ocean freight, but its been slow and inconsistent.

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Make Freight Sourcing More Efficient!

Supply Chain Game Changer

Do You Have Hidden Freight Costs? GET our EBOOK HERE. Freight sourcing team article and permission to publish here provided by Katharine Barrios at xeneta.com. Freight sourcing and procurement is a critical component of the whole supply chain and is crucial to the success of the business. Use of Freight Rate Benchmarking.

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Addressing Challenges in Global Logistics Operations with Technology

DELMIA Quintiq

This meant a huge movement of goods from East Asia to Western Europe and America, creating an asymmetry in demand as well as freight rates. Increasing cost and lack of resources Years after the start of the pandemic, ocean freight rates still remain high and reached an all-time high towards the end of 2021.