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Home Container rates surging as shippers rush ahead of deadlines – June 10, 2025 Update The Freightos Weekly Update keeps you informed on international freight with key economic data, demand trends, and rate insights. Start your week with the industry insights others miss. "
By harnessing the growing power of AI to not only sense demand at a very fine-grain, real-time level, but also to govern decisions about pricing and inventory. In terms of inventory strategy, First Insight assigns each SKU a unique “Value Score” based on a range of factors, including pricing, likeability and consumers’ likelihood of purchase.
International cross-border e-commerce is typically transported by air cargo. However, as air freight rates climb and capacity tightens and questions regarding the future of US de minimis, interest in ocean freight services is on the rise. Whereas Alibaba’s service offers cargo that can be shipped to any warehouse or store.
Encouraging fleet managers to participate in these groups can help them stay informed and connected to best practices. Last Mile Delivery Freight Forwarding/Customs Brokerage LTL/Truckload Services Education & Professional Development HR & Labor Management RELATED CONTENT RELATED VIDEOS Subscribe to our Daily Newsletter!
including its global supply chain sustainability software offering for beneficial cargo owners (BCOs) , enterprise supply chain leaders and logistics service providers (LSPs). We built Atomic to be the inventory planning system we always wished we had. There was no financial details shared regarding this transaction.
We have taken this proactive measure to safeguard our people, assets, and customers’ cargo in light of increased regional instability." Haifa port, which was privatized in 2022, is owned 70% by Indias Adani Ports while the remaining 30% is held by Israels Gadot Group.
At least three carmakers, including Dongfeng Motor Group Co., Guangzhou Automobile Group Co. and China FAW Group Co. issued similar statements on June 10, saying their payment plans are aimed at promoting efficient capital flows across supply chains in the automotive industry.
Blog More Resources Home December 11, 2024 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. China – N. Europe – N.
seaport operators are asking for extra time to implement pending tariffs on towering ship-to-shore cranes as they expect President Donald Trump's administration to follow through on a promise to essentially ban that vital cargo-handling equipment. US port operators seek to mitigate hefty expected tariffs on China-built port cranes U.S.
President Donald Trump, the head of the VDA auto industry lobby group said an interview published on Friday. strikes on Iranian nuclear facilities overnight. China's JD.com looks to international market for growth JD Logistics (2618.HK) HK) will operate its own consumer-focused express delivery service abroad.
And retailers are using AI to dynamically adjust pricing and inventory strategies in response to tariff-driven cost changes. Share your ideas and rally a cross-functional group around them. Supply chain leaders who are exercising a modicum of control over tariff volatility have created the right conditions for AI success.
For example, setting internal benchmarks for racial representation in leadership or offering programming limited to particular identity groups are likely to be challenged as contrary to EO 14173 and unlawful under Title VII.
See More Bad News on US Cargo Theft.) Click here to send us your comments In response, the National Motor Freight Traffic Association (NMFTA) has just released a framework it says can help shippers, carriers and brokers fight back against the growing and increasingly sophisticated threat of digitally enabled cargo theft.
cargo have surged since the countries declared a 90-day truce on punitive tit-for-tat tariffs last weekend, operators said, spawning traffic jams at Chinese ports and factories that could take weeks to clear. port fees on Chinese vessels French shipping group CMA CGM will reorganise its global fleet to avoid U.S.
Home April 16, 2025 Update The Freightos Weekly Update keeps you informed on international freight with key economic data, demand trends, and rate insights. For freight, last weeks reciprocal tariff roll out resulted in reports of a widespread drop in container bookings out of Asia.
Lapo Civiletti, the chief executive of the Italian group, said in the July 10 announcement that the deal would expand Ferrero’s presence in North America and help the company move beyond its candy and snack offerings. Featured Product Popular Stories End to De Minimis Slows Flow of Air Cargo from China to U.S.
Studying economics at Yale, Smith’s 1965 term paper pitched the idea of creating a logistics company that would carry only cargo, and do so for a package’s end-to-end journet, such that a package could be delivered almost anywhere in the US overnight. He founded a new freight company called “Federal Express,” to denote his national ambitions.
Bigger Risk Naval groups are also warning of greater risk. Yemen’s Houthi rebel group issued fresh threats against U.S. Calls and emails to the ministry weren’t immediately responded to outside usual working hours. airstrikes mean U.S.-linked linked ships sailing through the Red Sea and Gulf of Aden face a high risk of attack.
And the letter to Brazil also presents a warning shot to the BRICS group of developing nations, which Trump has cast as a threat to the U.S. Featured Product Popular Stories End to De Minimis Slows Flow of Air Cargo from China to U.S. dollar’s status as the world’s key currency. while almost all the others post large surpluses.
A group of 13 state attorneys general from both parties has formally objected , warning that it threatens civil rights and consumer protections. But in doing so, as Fierce Healthcare points out, the bill even overrides state protections already in place to guard against algorithmic bias, opaque decision-making and consumer harm.
Although the Florida Tomato Exchange trade group praised the new tariffs as an "enormous victory for American tomato farmers," Mexicos Economic Secretary Marcelo Ebrard warned that it would be "impossible to substitute Mexican tomatoes" without seeing dramatically higher prices for consumers. That ends today," Lutnick said.
Shipowners now have to pay about 1% of a ship’s value if they want to pass through the Red Sea, said Marcus Baker, global head of marine cargo and logistics at Marsh McLennan, the world’s largest insurance broker. Featured Product Popular Stories End to De Minimis Slows Flow of Air Cargo from China to U.S. That’s up from 0.2%
He told the Guardian it was unclear how the market would develop as there was a “fast-moving situation” on tariffs, as the Trump administration had changed the rules on several occasions. Nevertheless, Ervér said, H&M was aiming to be “very, very competitive” on price, fashionability and sustainability.
Blog More Resources Home A Volatile Year Ahead: Scenarios for Ocean Freight in 2025 Judah Levine Freightos was delighted to host its seventh annual FreighTech conference recently, bringing together leaders in What does 2025 hold in store for ocean freight ? Stay informed every single week with our free weekly freight update.
TuffAir’s site states that it plans to launch in the fall, “with high performance aircraft, lean operations and a scalable model to connect overlooked freight corridors across the Midwest. TuffAir argues that its strategy is unique and is designed to facilitate cheaper, faster regional air transit for freight. ( What do you say?
Israel has also been attacking Yemen’s Houthi rebel group, which in turn has been menacing shipping in the Red Sea. Hunt, BNSF and GMXT Launch Intermodal Freight Delivery Service in Mexico Freight Forwarding/Customs Brokerage Digital Edition SupplyChainBrain 2025 ESG Guide: Is ESG Still Relevant?
Other Swiss pharma companies also rose with generic drugmaker Sandoz Group AG up as much as 3.3%. Novartis AG and Roche Holding AG — the two biggest drugmakers in Switzerland — jumped on the news with shares rising as much as 2.9% respectively in afternoon trading.
has warned it faces cost challenges from climate-related compliance as emissions rise on growing passenger and freight volumes. aircraft at Changi Airport in Singapore. aircraft at Changi Airport in Singapore. Photographer: Ore Huiying/Bloomberg June 26, 2025 Bloomberg Singapore Airlines Ltd.
It also requires detailed inventories of hazardous materials; To support developing countries, IMO has organized various workshops on ship recycling to raise awareness of the Convention internationally.
Photo: Bloomberg July 8, 2025 Bloomberg Mercedes-Benz Group AG’s vehicle sales declined in the second quarter, after trade tensions led by President Donald Trump’s tariffs dragged down demand in the U.S. China Mercedes Car Sales Drop as Tariffs Crimp Demand in U.S., China An employee fits a Mercedes-Benz AG star badge in Bremen, Germany.
The Guardian reports that Ilse Henne, a board member at the steel, engineering and chemicals group ThyssenKrup p, said the industry faced an existential crisis after the U.S. president’s decision June 4 to double tariffs on steel and aluminum imports from 25% to 50%.
More Resources Home Red Sea Crisis and Early Peak Season Surge Disrupt Global Supply Chains for some SMBs Judah Levine July 24, 2024 Since early May, supply chains have faced significant disruptions due to congestion caused by Red Sea diversions and an early start to ocean freight’s peak season.
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.,
After 10+ years of writing the weekly news roundup, as well as a bi-weekly column for Logistics Viewpoints, today is my last day at ARC Advisory Group. Cargo imported into the U.S. And for me, that day is today. according to the Walmart Marketplace website. are then directly transported to a Walmart fulfillment center. from May’s 2.24
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. and bakes really good cookies.
Automation, cargo tracking, robotics, and remote fleet management are all examples of how IoT can be used to harness organizational data and gain insights into key processes. DB Schenker is leveraging sensor data from cargo in transit to monitor and control high-value shipments or sensitive shipments, such as with cold chain logistics.
East Asia – April 29, 2025 Update The Freightos Weekly Update keeps you informed on international freight with key economic data, demand trends, and rate insights. In the meantime, reports on the drop in China-US ocean freight demand range from around 30% to more than 50% in the last few weeks. America container service loops.
Target’s inventories at the end of the last quarter were 16 percent lower than the same period a year ago and Walmart cut inventories in its U.S. Inventories at U.S. So, wish me luck in securing authentic University Blue Jordan IVs. And now on to this week’s logistics news. general merchandise stores expanded 1.2
More Resources Home October 22, 2024 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. Europe weekly prices were level at $3.81/kg. Europe – N.
More Resources Home October 25, 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. Judah Levine October 25, 2023 Unbox your Freight knowledge.
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. It serves as the compass guiding shippers toward efficient, economical, and dependable cargo transport.
10 Tips To Be A Successful Freight Broker! The Supply Chain industry provides vast employment opportunities, from procurement to warehouse inventory, management, and shipping. The terms freight broker and freight agent are often confused in the cargo and shipping sector. What Does A Freight Agent Do?
More Resources Home October 11, 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. Judah Levine October 11, 2023 Unbox your Freight knowledge.
Late 2021 saw Maersk continue to shift towards vertical integrations, with acquisition of Senator, a German freight forwarder for $644 million dollars. While Facebook is looking at virtual reality, Alibaba and Amazon are looking more at freight. More on Maersk’s transition to an end-to-end provider can be found in this 2020 report.
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