Freightos

FEBRUARY 28, 2022

Which brings us to international freight. The financial impact of global trade has always been enormous but never more so than today. Accelerated by lockdowns and increases in the consumption of goods, global trade hit $28.5 It’s challenging to get fixed prices for global freight. Until today.

Negotiating Skills 177

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Freightos

DECEMBER 2, 2021

You might not think about shipping containers and ocean freight when you click “buy” on your Amazon order, but there’s a direct connection between the two. Starting in July 2020, the impact of this trend became obvious when ocean freight prices shot up, and have continued rising. What’s changed in a year?

Price Reduction 177

Price Reduction Cost Reduction Strategies Freight Supply Chain Disruption 177

CH Robinson Transportfolio

AUGUST 17, 2021

For global freight shippers, managing disruption comes with the job. Supply chain disruptions that consist of port and terminal congestion, shipping delays due to high cargo volumes, lack of labor due to Covid-19 and limited space have caused a myriad of challenges for shippers. Ocean Shipping. Air Shipping.

Shipping 94

Shipping Global Cargo Demand Planning Software 94

The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

The Approach to Effective Freight Procurement by LSCMS Shippers’ Council Container shipping procurement faces a multitude of challenges shaped by global events, industry shifts, environmental mandates, and technological advancements. At the heart of it all, an effective procurement strategy remains paramount.

Optimal Sourcing 130

Optimal Sourcing Procurement Sourcing Strategies Freight 130

American Global Logistics

AUGUST 22, 2023

Air freight has evolved dramatically, especially after the pandemic. As we navigate the third quarter of 2023, it's time to examine air cargo's role in global commerce. Since then, air freight has adapted to various market demands and technological advancements. With that, let’s start with a brief industry analysis.

Cargo 52

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Logistics Viewpoints

FEBRUARY 2, 2024

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. Amazon achieved its fastest-ever global shipping times last year but isn’t resting on its laurels. The money is coming through the U.S. percent, or $24.5

Cost Reduction Strategies 234

Cost Reduction Strategies Inventory Reduction Logistics Network Optimization Software Manufacturing Procurement 234

The Logistics & Supply Chain Management Society

JULY 16, 2023

Risk Management in Global Ocean Context Feature Article by LSCMS Shippers Council Rates have gone down massively in most trade lanes; congestion has eased, and capacity seems sufficient in most sectors. It appears that operational and procurement risks for beneficial cargo owners or shippers, in the short term, are minimal.

Risk Management 130

Risk Management Global Price Reduction Inventory Reduction 130

Freightos

SEPTEMBER 26, 2023

More Resources Home September 26, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. America weekly prices increased 4% to $4.41/kg

Asia 248

Asia Europe Freight Logistics Network Optimization Software 248

Freightos

SEPTEMBER 14, 2022

The low rates that triggered Hanjin’s bankruptcy in 2017 quickly became a thing of the past, as surging demand, congestion, and a litany of global shipping catastrophes pushed ocean freight rates into the stratosphere. While high, the shipping costs typically paled in comparison to the lost sales due to inventory shortages.

Logistics 156

Logistics Cargo Comparison Freight 156

3PL Insights

NOVEMBER 15, 2021

Amidst all of these stories of shortages and bottlenecks, we thought it would be helpful to explain the basics of shipping ocean freight. In this article, we will explain the shipping process, identify the different types of cargo, and show the benefits of ocean freight shipping. What is Ocean Freight?

Freight 98

Freight Manufacturing Procurement Cargo Shipping 98

Logistics Viewpoints

MARCH 29, 2024

In the early morning hours of April 26, at approximately 1:35am, a cargo ship leaving Baltimore Harbor struck the Francis Scott Key Bridge, triggering a catastrophic collapse of the 1.6-mile-long The end result of the loss of propulsion was the ship crashing into the bridge. mile-long span. An estimated 11.5

Prescriptive Analytics Software 251

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CH Robinson Transportfolio

NOVEMBER 4, 2021

Less-than-container load (LCL) shipping has become part of the solution design to many supply chain challenges. LCL shipping provides shippers with cost and time savings as they face longer wait times at ports along with more last-minute-change needs, based on disruption and delays. Combating today’s tight air and ocean market.

Shipping 61

Shipping Inventory Reduction Cost Reduction Strategies Global 61

Freightos

MARCH 29, 2017

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.

Logistics Network Optimization Software 120

Logistics Network Optimization Software Freight Supply Chain Software Global 120

Logistics Viewpoints

MAY 25, 2021

The global supply chain is routinely beset by challenges, both large and small, but the past couple of years have delivered a string of significant logistics disruptions that have threatened to upend the tightly choreographed dance of global freight transportation. That’s starting to change. More and more large U.S. In the U.S.,

Supply Chain Planning Software 321

Supply Chain Planning Software Sustainability Supply Chain Software Inventory Reduction 321

Logistics Viewpoints

NOVEMBER 2, 2021

When you can barely see beyond the bow of the ship, when extreme wind and waves threaten to throw you off course – or worse, sink you – it’s understandable that long-term thinking can get chucked overboard like so much extra ballast. It’s an apt metaphor for ocean shipping these past many months. Empty grocery store shelves.

Supply Chain Planning Software 184

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I.C.E. Transport

APRIL 25, 2023

When it comes to shipping goods internationally, there’s a lot that can go wrong. And as waves of disruption continue to crash down on global supply chains, one of the most important things to consider is whether you need ocean cargo insurance coverage.

Cargo 52

Cargo Shipping Global Supply Chain 52

Operations and Supply Chain Management

OCTOBER 18, 2021

Forecasting Shipping Delays; Cargo Swamps Airports; Alibaba’s Challenge. Freight heavyweight J.B. Hunt’s third-quarter earnings signal a strong market for freight operators, but increasingly restrained economic forecasts suggest clouds on the horizon. By Paul Page. Photo: MARIO TAMA/GETTY IMAGES. Advertisement.

Forecasting 52

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Freightos

JANUARY 3, 2024

More Resources Home Red Sea and Suez Canal Shipping Crisis Update Judah Levine Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Even with an international naval force in place, Houthi attacks on commercial vessels in the Red Sea continue. America East Coast peak of $22k/FEU.

Shipping 304

Shipping Negotiating Skills Asia Yemen 304

Logistics Viewpoints

JULY 13, 2022

Weather delays can affect shipping lanes, manufacturers face product shortages, demand continues to spike for certain products, containers are difficult to acquire, and the trucking industry faces a driver and capacity shortage, just to name a few. When we think of fraud in the supply chains, often we think about organized cargo theft.

Supply Chain Software 212

Supply Chain Software Supply Chain Supply and Demand Supply Chain Network Software 212

Intelligent Audit

JULY 14, 2022

Cargo vessels, planes, and semi-trucks portray freight transportation as they cross great distances to get loads to their final destination. However, without the correct paperwork, freight can’t leave the ground. It would follow that an increase in packages and parcels will increase freight damage. dollars in 2021.

Logistics Network Optimization Software 52

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Supply Chain Game Changer

JUNE 23, 2021

Do you have a Freight Management Strategy or are you Spinning your Wheels? The emergence of COVID-19 changed many things in the world of business, and transporting cargo is no exception. This article summarizes the top five benefits of using air charter for cargo and the products and industries that need it the most.

Cargo 57

Cargo Industrial Industry Expense Reduction 57

CH Robinson Transportfolio

DECEMBER 15, 2021

2021 was a difficult year in global logistics due to ongoing volatility. As we approach another potentially volatile year, I wanted to provide key strategies for global shippers to consider. Currently, many ocean carriers are looking to move more IPI (interior point intermodal) cargo versus focusing on port-to-port.

Sourcing Strategies 64

Sourcing Strategies Logistics Network Optimization Software Cost Reduction Strategies Global 64

Intelligent Audit

MAY 25, 2022

This is excellent news for everyone in freight accounting as companies struggle to increase profit margins that have narrowed amidst increasing fuel surcharges. . The FedEx Express team met the cargo plane at the gate to immediately move the coveted commodity toward the consumers. Operation Fly Formula Is a Success. on May 22, 2022.

Supply Chain Design Software 52

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Supply Chain Matters

MAY 22, 2023

freight and logistics industry continues to mitigate recessionary conditions including the April 2023 Logistics Manager Index reaching its lowest level lowest level in six years and one-half years. freight, logistics and parcel movement industry. Supply Chain Matters highlights continued evidence that the U.S. remains unclear.

Negotiating Skills 52

Negotiating Skills Inventory Reduction Cost Reduction Strategies Price Reduction 52

Intelligent Audit

APRIL 28, 2022

International parcel shipping and parcel carrier services were well on their way to becoming a driving force in the world’s economies before worldwide disruption and shutdowns threw the entire supply chain into disarray. Why Legal Protocols and Regulations Exist for International Shipping and Transportation. Cargo Liability.

Shipping 52

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ThroughPut

DECEMBER 3, 2019

You can’t just turn around a giant cargo ship. And when shipping to volatile countries, it becomes even harder. companies with global operations, one of the most effective ways to mitigate risk is to ship smarter. Once cargo has shipped, there are no “backsies.” Shipping Overseas.

Material Savings 52

Material Savings Manufacturing Procurement Shipping Saudi Arabia 52

ThroughPut

FEBRUARY 1, 2023

u can’t just turn around a giant cargo ship. And when shipping to volatile countries, it becomes even harder. companies with global operations, one of the most effective global value chain strategies and supply chain strategies is to mitigate risk by shipping smarter. In the current political climate, U.S.

Material Savings 52

Material Savings Price Reduction Expense Reduction Sourcing Strategies 52

Supply Chain Matters

SEPTEMBER 6, 2022

Supply Chain Matters once again highlights some positive news for global supply chain management teams, specifically transportation and logistics related teams. We later highlighted a Bloomberg report indicating that blowback directed at the ocean container shipping industry and its windfall profits was on the rise. Bob Ferrari.

Report 52

Report Global Scenario Planning Forecasting 52

CH Robinson Transportfolio

JUNE 29, 2020

So, it’s important you’re up to date on the latest regulations to avoid your freight being held up. For a closer look at how China’s regulations impact PPE shipping, check out our recent PPE exporting video featuring our director of product development, Vincent Wong. Metered freight solutions. Exporting PPE from China.

Shipping 56

Shipping Manufacturing Procurement Cost Reduction Strategies Canada 56

ThroughPut

JUNE 17, 2022

Increased labor costs, declining freight rates, high demand for quick shipping with reduced bulk orders, skyrocketing carrier margins etc. are just some of the variables impacting logistics and freight operations globally. Making every mile count with AI-powered Freight Management Software – 5 Benefits.

Optimal Sourcing 52

Optimal Sourcing Freight Supply Chain Planning Software Rail Software 52

Logistics Bureau

JUNE 15, 2020

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

Freight Trends Transportation Modeling 64

Supply Chain Matters

JANUARY 17, 2023

The Ferrari Consulting and Research Group through its affiliate the Supply Chain Matters blog shares select individual prediction snapshots that are included in our annual 2023 predictions for industry and global supply chains research advisory. Background. Prediction Background. Technology where it existed is quite dated.

Predictive Analytics Software 52

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Operations and Supply Chain Management

JANUARY 25, 2021

An ‘aggressive’ fight over containers is causing shipping costs to rocket by 300%. Shipping costs have skyrocketed as desperate companies wait weeks for containers and pay premium rates to get them, according to industry watchers. Compared with last March’s low prices, freight rates from China to the U.S. KEY POINTS.

Examples 59

Examples Shipping Singapore Asia 59

CH Robinson Transportfolio

MARCH 5, 2020

Omnichannel business models often lead to more complicated global supply chains. With the main focus on maximizing time and cost efficiencies, cargo risk management is often skipped over despite being a critical step in protecting your company. . The risk of delays and lost cargo are real. What risk does your cargo face?

Risk Management 44

Risk Management Cargo Purchasing Training Transportation 44

Intelligent Audit

MAY 12, 2022

Often, the general public’s view of freight transportation is similar. The Bureau of Transportation Statistics reported that, “Freight shipped across the U.S. With so much money moving across the country and globe, supply chain professionals must prioritize a proficient freight invoice and payment processing system. .

Freight 52

Freight Rail Software Analytics Software Price Reduction 52

Supply Chain Game Changer

MAY 20, 2020

Freight market article and permission to publish here provided by Kevin Jessop at cerasis.com. UPS and FedEx both have released statements professing their need to continue shipping as an essential business, but it will be harder for smaller, more local carriers to keep up with their pace. Subscribe Here! Email Address.

Freight 56

Freight Cargo Reverse Logistics Supply Chain Planning 56

CH Robinson Transportfolio

AUGUST 27, 2020

After an extremely volatile first half of the year, the challenges in the air freight market look set to continue into 2021, requiring both foresight and forward planning from businesses. A turbulent six months for air freight. This caused an overheated market, with the price of air freight increasing by as much as 400%.

Supply and Demand 66

Supply and Demand Modeling Capacity Price Reduction 66