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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.
Amazon’s Prime membership has been available in India since 2016. The new offering comes just weeks after Amazon launched Prime Gaming in India. Instances of cargo theft increased markedly in 2022, driven in large measure by thieves using fictitious pickups. The average value of cargo stolen in an event was $214,104.
Featuring Our Top 16 Articles on Freight and Logistics! And for a business expanding to a country like India – which is the hub of trade (and ever-increasing consumers) working without a solid logistics partner can land your business in a risky position. The logistics industry is big in India. Subscribe Here!
More Resources Home July 9, 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. America weekly prices decreased 7% to $5.58/kg kg China – N.
Peak season for ocean freight shipping is underway. This blog examines the “red” times, like the roughly three-month period we have just entered that is historically one of the regular disruptors in the ocean freight market. All of this will cause a tightening of space for ocean freight shipping. Regular disruptors. Golden Week.
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.
Thanks to container prices rising as much as 600%, money that could be used for advertising went to freight companies instead. Cotton production in India could dip 4% from 2021, down to 34 million bales in the 2021/2022 marketing year. At the end of 2021, ocean freight rates were more than three times what they were throughout 2020.
Furthermore, port restrictions and the Ever Given being stranded in the Suez Canal for nearly a week slowed cargo movements and worsened congestion. Hundreds of cargo vessels were still queuing to pass through the canal days after Ever Given was freed due to the backlog caused by the blockade. Coronavirus outbreak in India.
Is Paving the Way for Electric Planes, Urban Drones Is High-Speed Passenger Rail a High-Speed Route to Disaster for Americas Freight Railways? Hunt, BNSF and GMXT Launch Intermodal Freight Delivery Service in Mexico Freight Forwarding/Customs Brokerage The Top 8 EDI Myths - Debunked! Featured Product Popular Stories J.B.
Amazon’s private cargo airline, created to expedite online deliveries, has launched its first dedicated South American route with the help of two other carriers: 21 Air, a small U.S. freight operator, and Avianca, a major Latin American airline with a strong cargo arm. Miami is the largest U.S. gateway for fresh flowers.
Dispatch management solution with an in-built contract management system helps in managing your carrier partners effectively by recommending the right carrier for your delivery needs based on cost, cargo size, track record, etc., giving you the best shipping price to quote for your customers.
Hunt, BNSF and GMXT Launch Intermodal Freight Delivery Service in Mexico Freight Forwarding/Customs Brokerage The Top 8 EDI Myths - Debunked! Timely, incisive articles delivered directly to your inbox. Featured Product Popular Stories J.B.
Related coverage: Early peak coming as trans-Pacific container rates double Retailers see cargo surge coming WATCH: Four crew missing after container ship explosion off coast of India Trac Intermodal preps 200K chassis for China container surge The post Geopolitical upheaval tops new shipping concerns survey appeared first on FreightWaves.
SupplyChainBrain Container Ship Explodes, Catches Fire Off Coast of India More from this author Subscribe to our Daily Newsletter! Timely, incisive articles delivered directly to your inbox. Featured Product Popular Stories Watch: Why Choose FTZs to Mitigate Tariffs?
” There have been rumblings of confusion when it comes to all of the taxes and levies floating around so hold onto your cargo containers as we set sail on a TAX-travagant adventure! It’s like the freight forwarder of taxes—guiding the goods through every stop in the supply chain.
came from trucks carrying cargo. Subnational governments like Québec in Canada and Telengana in India as well as manufacturers and fleets like DHL, Heineken and Scania are endorsing the MOU and declared that they will align with the decarbonization effort. Most of this, 45.1 In Sweden, there are initiatives such as I.Hamn and SARGASSO.
Truce Ocean Transportation Container Ship Explodes, Catches Fire Off Coast of India Global Gateways Digital Edition SupplyChainBrain 2025 ESG Guide: Is ESG Still Relevant? Trade Deficit Narrows by Most on Record as Imports Plunge Global Trade & Economics Ship Traffic Through Red Sea Remains Sparse, Despite Houthi-U.S.
Machines that can drive themselves are soon to become a reality in sea, land and air cargo delivery. Automated trucks replacing truck drivers have been a part of the future plans of the logistics industry in India for several years now. Cargo Ships. As you can anticipate, this change will be a ground-breaking advancement.
An indication for this belief is the level of fundraising reached by digital players like Flock Freight, a trucking platform and project44, a supply chain visibility platform, which reached US$113.5 million and US$100 million respectively. Actors themselves need to overcome their resistance to new business models.
This response is driven by ongoing threats to crew and cargo safety, necessitating the rerouting of ships around the Cape of Good Hope, resulting in substantial delays and escalated shipping costs. In FY 2023, about 65% of India’s crude oil imports— worth $105 billion —passed through the Suez Canal. On January 11, the U.S.
This week a sobering reminder from New England Motor Freight (NEMF) that all parties ultimately come to an end. We have worked hard to explore options for New England Motor Freight,” Colistra explained in a statement posted on the company’s website on Feb. I’m sure you have some suggestions for me. filed for bankruptcy on Monday.
Retailers are forecasting an import cargo surge at U.S. ports this summer following the 90-day break in the tariff fight between China and the United States. The outlook by the National Retail Federation’s Global Port Tracker provides a detailed picture of how current trade policies are influencing U.S.
It appears that operational and procurement risks for beneficial cargo owners or shippers, in the short term, are minimal. The areas that will be deliberated in future articles are ocean shipping market landscape, freight procurement, reliability & visibility and the competitive landscape.
This means that the world has opened up to countries like China, India, Brazil and Russia open for business. Stagnation of Air Cargo and Sea Freight Rates. Air cargo rates will also remain static. Opportunities for New Markets. Many of the high-tech markets that were termed ‘emerging’ are now fully developed.
As of Friday, September 2, 45 of its ships remain adrift at different ports in China, Japan, Singapore, and India, and other countries—they’ve been denied access by operators who fear that the company might be unable to pay docking fees. Rahul Kapoor, Director at Maritime Consultancy Drewry Financial Research Services. Global Disruption.
Even though the world has come to a standstill but at 20Cube Logistics, we are in business through our virtual offices and ensuring that our customers’ freight operations are not being impacted. agencies, agents, terminals to keep our customers updated about the latest information and freight operation details.
Future of brokerage: Cargo Chief to bet on pay for time ( Overdrive ). December 2015 Freight Transportation Services Index (TSI). Cass Freight Index Report January 2016. Federal Maritime Commission to become a licensed ocean freight forwarder — it seems like the company is well on it’s way to executing this plan.
Truce Ocean Transportation Container Ship Explodes, Catches Fire Off Coast of India Global Gateways Digital Edition SupplyChainBrain 2025 ESG Guide: Is ESG Still Relevant? Trade Deficit Narrows by Most on Record as Imports Plunge Global Trade & Economics Ship Traffic Through Red Sea Remains Sparse, Despite Houthi-U.S.
Four sailors are reported missing after an explosion and fire aboard a containership off the west coast of India. Emergency responders led by the India Coast Guard were fighting a raging, smoky blaze aboard the Wan Hai 503 sailing from Colombo, Sri Lanka, to Nhava Sheva. The cause of the explosion is not yet known.
Today, the freight forwarders are not just about pushing your consignment from one international destination to another, but it is how they fill the transportation gap by adding the specialized expertise along with adding transparency and complete control. Freight forwarders hold the right certifications. They have global operations.
To be able to cope with all the challenges associated with refrigerating pharmaceutical cargo, all major shipping and distribution companies had to plan for an “ ultra-low temperature cold chain ” so that the vaccines could be kept below freezing temperature. India is the second-largest producer of fruits and vegetables in the world.
FourKites Partners with HaulFox to Provide Freight Brokers with Next Generation Supply Chain Visibility. Several port terminals run by a Maersk division, including in the United States, India, Spain, the Netherlands, were still struggling to revert to normal operations on Thursday after experiencing massive disruptions.
The airline’s cargo division in April announced it was adding three weekly all-cargo flights to Shenzhen, China, and two weekly flights to London Stansted Airport via its Abu Dhabi hub to meet growing demand on key trade lanes. Only four of its 17 MD-11 cargo jets are currently in service, according to aircraft databases.
More Resources Home April 16, 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. America even during these typically slow months for air cargo.
The variety of attacks include targeting the oil infrastructure, hijacking and cargo theft through to contraband smuggling, extortion and kidnapping schemes. . Supply chain terror attacks occur at higher rates include Colombia, India, and Turkey. “It Over the past 10 years, an average of 3.1 attacks have occurred each week.
More Resources Home April 9, 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. America weekly prices decreased 13% to $3.66/kg Europe – N.
“World Logistics Passport” is a Global freight loyalty programme launched under the directives of Sheikh Mohammed bin Rashid Al Maktoum – Vice President and Prime Minister of the UAE and Ruler of Dubai – at the World Economic Forum in Davos “ ” to increase opportunities for trade between emerging markets. appeared first on Shipsy.
What is your air freight strategy for the year ahead? The surge in demand for air freight that took off in mid-2016 normalized in early 2018. The surge in demand for air freight that took off in mid-2016 normalized in early 2018. Airlines continue to hone their air freight capacity strategy. Two steps to take now.
For instance, the hangover from the pandemic, which has not yet permitted ocean freight from China to return to anything like normal service, is a problem that continued COVID outbreaks and associated port closures are exacerbating. Industrial Relations Issues Adding to Container Woes in India and Germany. increase in wages.
More Resources Home July 9, 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. America weekly prices decreased 7% to $5.58/kg kg China – N.
Sourcing raw materials from Asia, coordinating freight with European logistics providers, or navigating distribution networks in the Americas cross-border operations rely on effective communication to make them happen. This served to dampen container buildup and accelerated the transit of time-sensitive cargo.
More Resources Home March 19, 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 weekly prices increased 32% to $3.93/kg.
More Resources Home August 27, 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 weekly prices fell 10% to $3.44/kg.
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