Remove Cargo Remove Europe Remove Freight Remove North America
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 214
article thumbnail

This Week in Logistics News (January 27 – February 2)

Logistics Viewpoints

Soft demand in Europe and the US led to an overall decline of 7.5 UPS is seeking alternative strategies for its truck brokerage business, which has seen sales plummet amid a freight recession marked by declining rates and over capacity. United Airlines – the largest of the three in terms of cargo volumes – registered a 31.1

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. For example, the Freightos Baltic Index indicates a 69% increase to North America’s East Coast and a staggering 226% to Northern Europe since the crisis began.

article thumbnail

Addressing Challenges in Global Logistics Operations with Technology

DELMIA Quintiq

This shift is more prominent in North America as they have typically, bigger houses and therefore, more scope for concepts such as a home gym and home office. 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.

article thumbnail

Ocean Risk Management part 2: Navigating Global Shipping Alliance

The Logistics & Supply Chain Management Society

The alliance was formed in 2014 and covers major shipping routes between Asia, Europe, and North America. The alliance covers shipping routes between Asia, Europe, and North America, as well as routes within Asia. The 2M alliance will be disbanded in 2025.

article thumbnail

2020 Trends in Freight Transportation, and the COVID-19 Impact

Logistics Bureau

Now the entire freight transportation industry, across air, ocean, road, and rail sectors, is awash with disrupted expectations and has retreated into survival mode. Let’s take a look then, at each sector in turn, starting with air freight. Air Freight Transportation Trends 2020. The Freight Rate Roller Coaster.

Freight 64
article thumbnail

WHY INTERNATIONAL AIR FREIGHT SHIPPING OF MACHINERY BETWEEN NORTH AMERICA AND EUROPE

Exapro Hub

For industrial machinery, air freight, also known as cargo aircraft, is the most suitable means of transportation. As a result, air freight has distinguishing features […]. The post WHY INTERNATIONAL AIR FREIGHT SHIPPING OF MACHINERY BETWEEN NORTH AMERICA AND EUROPE appeared first on Used machinery news Hub.