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If your business ships freight , you never want to hear the words "cargo" and "theft" in the same sentence. Cargo theft is a hot topic and major concern in the logistics industry and has been on the rise in recent years. 1 Incidents of cargo theft don't just cost you time and money. And rightly so!
Cargo thieves love the holidays. That time of year when the industry ships a higher volume of desirable, in-demand goods. Appliances and furniture, food and beverages, and electronics are hot commodities. Warehouses and distribution centers are top targets.
LG Acquires Majority Stake in Bear Robotics LG Electronics has strengthened its robotics capabilities by acquiring a majority stake in Bear Robotics, a Silicon Valley startup specializing in AI-driven autonomous service robots. The removal of the de minimis exemption, which allowed shipments under $800 to enter the U.S.
LG Acquires Majority Stake in Bear Robotics LG Electronics has strengthened its robotics capabilities by acquiring a majority stake in Bear Robotics, a Silicon Valley startup specializing in AI-driven autonomous service robots. The removal of the de minimis exemption, which allowed shipments under $800 to enter the U.S.
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. 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.
million+ transactions annually This network effect means better visibility, more competitive rates, and unparalleled connectivity across the global logistics landscape.
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.
Freight shipping has relied on the same systems for years, ranging from manual entries to a constant struggle in balancing delivery windows with costs. Before these changes can happen, shippers need to understand a few things about LTL shipping challenges and ways Less Than Truckload technology will impact them. Carrier rates may vary.
Shipping companies added capacity, but now containers are stuck in port. 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. And now on this week’s logistics news.
Shipping Containers! Infographic) In the vast expanse of global trade, shipping containers serve as the unsung heroes, silently ferrying goods across oceans and continents. These ubiquitous metal boxes come in a variety of shapes and sizes, each tailored to specific needs and cargo requirements. More than just a Box!
Another shipping crisis strikes, threatens Black Friday shopping. Volansi completes first-ever autonomous ship-to-ship drone delivery. As Ford sees it, engaging directly with semiconductor fabricators and other key electronic-components makers in its supply chain allow the company “to better align supply and demand.”
This multi-modal approach ensures robust connectivity across different segments of the logistics journeyfrom remote shipping yards and urban fulfillment centers to moving trucks and temperature-sensitive containers. Why Logistics Demands Hybrid Connectivity Logistics environments are inherently heterogeneous.
million+ transactions annually This network effect means better visibility, more competitive rates, and unparalleled connectivity across the global logistics landscape.
Demand for ocean freight was lower than anticipated, and Hanjin Shipping, another top ten ocean liner, was already teetering on the verge of bankruptcy. The Post-2016 Strategy: End-to-end Shipping. While not outrightly linked to this release, Maersk, now a shipping line and forwarder, terminated its key account status.
When I tried to file my tax return electronically, the IRS rejected it because “a return with that Social Security number has already been filed,” so I had to file a paper return and wait almost a year to get the situation cleared up and get my refund. Overall, cargo theft is on the rise , as FreightWatch International reported last week.
He sees a near future in which there are multiple agents, each with their own realm of responsibility, such as shipping, pricing and forecasting. Koganti said this is the fastest-growing use of AI in supply chain, especially when it comes to forecasting, procurement and fulfillment.
Walmart said it will host its Walmart Deals – Holiday Kickoff savings event, featuring deals on thousands of holiday gift items across categories such as electronics, home, fashion, and toys, from Monday, October 9 through Thursday, October 12.
Just in time for the holidays, the Ship It Zero campaign is bringing visibility to the impacts of dirty ocean shipping caused by mega retailers all year round but especially as they ship their goods during the holiday season.
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But Molex, a global electronics and connectivity solutions company, has been investing in their intelligent digital supply chain strategy to improve their supply chain agility and customer experience. Those industries include data communications, medical, industrial, automotive and consumer electronics. But they were very basic.
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Cargo theft is surging across the United States — and food and beverage products seem to be the main targets. Cargo Theft Increases in the United States Cities seeing a spike in freight theft include Los Angeles, Houston, Miami, Savannah, Newark, New Jersey, Memphis, and Chicago.
At the same time, this technology helps decrease the amount of fraud and cargo theft. It grows constantly, and we need to implement innovative solutions to cope with the growth of the shipping needs.” In turn, the latter activates the shipping system. GET YOUR FREE WHITE PAPER. DOWNLOAD WHITE PAPER.
Data across the retail sector shows year-over-year order increases through June, including at department stores, electronics, and apparel retailers with bricks-and-mortar locations (32.9%), home improvement (24.4%), grocery & superstores (22.1%), and discount retailers & wholesalers (13%).
Shipping products overseas article and permission to publish here provided by Claire Glassman. Electronic commerce (e-commerce) has paved the way for easier cross-border transactions, with customers having no qualms of ordering products located halfway across the globe. Why Engage In International Shipping? Subscribe Here!
The Regulation’s Impact on Ocean Shipping and Data Management. The revised Safety of Life at Sea (SOLAS) container weight verification requirement is a significant change in the ocean cargo supply chain. In regard to rolling out the regulation in practice, multiple considerations remain depending on the type of cargo and other factors.
Key features include the tracking of concise milestones to bring supply chain transparency, a completely digital document repository to facilitate real time sharing and confirmation of shipping documents, exception management, and many other collaboration tool-kits. a) Real-time Shipping Milestones. c) Collaborative Chat.
In contrast, the larger Amazon warehouses typically rely on delivery stations closer to customers for the final stage of shipping. Amazon’s fast-shipping service can add fees for small orders. The air cargo industry has seen softer market rates due to increased capacity and shippers flocking back to ocean freight services.
International shipping industry article and permission to publish here provided by Daniel Choi. Even during the epidemic, the shipping industry’s significance in the value chain and the transportation of resources and goods worldwide was emphasized, probably most prominently. The Shipping Industry During Pandemic.
The point is to stop shipping small online orders in boxes that are ridiculously oversized. Electronics seller Crutchfield Corp. has been shipping orders in made-to-fit packaging for roughly a decade, and the automation has cut the average box size in half and reduced shipping and packaging material expenses.
It means being able to see where a shipment or an order is while it’s in transit — whether on a truck, a railcar, an ocean liner or a cargo plane — anywhere in the world. Data on ocean shipments, for example, is generally available across the globe, due primarily to greater standardization in ocean shipping.
International Air Freight Shipping: Definition. Air cargo is used by global importers and exporters when they need to get goods somewhere rapidly and reliably. While 90% of everything is shipped by ocean, air connects the world faster, cutting China-US freight shipping time from 20-30 days by ocean to only 3 days by air cargo.
SupplyChainBrain Container Ship Explodes, Catches Fire Off Coast of India More from this author Subscribe to our Daily Newsletter! Trade Deficit Narrows by Most on Record as Imports Plunge Global Trade & Economics Ship Traffic Through Red Sea Remains Sparse, Despite Houthi-U.S.
Risks include ongoing Red Sea disruptions brought on by attacks on cargo and container ships, the ongoing Russia-Ukraine conflict destabilizing manufacturing and trade activities, along with Taiwan trade risks brought about by Chinese military drills hindering trade through major sea routes.
Hiring an IOR agent like GeTS can help you handle all this electronically on your behalf. The CIF is an international shipping agreement representing the charges paid by a seller to cover the costs, insurance, and freight of a buyer’s order while the cargo is in transit.
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Semiconductor Shortage: Electric trucks require advanced electronics, and the recent global semiconductor shortage has slowed production (Although it is currently recovering). Unfortunately, batteries for electric trucks can weigh several tons , which means a tricky trade-off between travel range and maximum cargo capacity.
Most work in warehouses packing and shipping items, but about 350,000 of them have corporate jobs. Jassy encouraged employees to “experiment with AI whenever you can.” Amazon is the largest private U.S. employer after Walmart Inc., million employees as of the end of March.
Featured Product Popular Stories Ship Traffic Through Red Sea Remains Sparse, Despite Houthi-U.S. Timely, incisive articles delivered directly to your inbox. Truce Ocean Transportation J.B.
Enough to go through every single article published in the top tech blogs – Techcrunch, Verge, Mashable and Recode – since 2007 to count how often articles about logistics startups, freight or cargo were published. Movers marketplace matching shipping requirement with freelance student drivers. Specialized Shipping.
Plummeting freight rates mean that under 50% of logistics providers turn a profit on ocean shipping, while threatening competition from industry newcomers like Amazon and Alibaba spell out unprecedented challenges for the logistics industry. DHL seeded its empire by moving ocean documentation faster than cargoships.
tariff on China electronics is seeing a rise in demand for these products from other countries within Asia. Ports are having to off-load cargo onto the new mega-ships offshore from multiple smaller ships because they don’t have the capacity to handle the bigger vessels. Logistics is a whole other ballgame.
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