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Make Freight Sourcing More Efficient!

Supply Chain Game Changer

Do You Have Hidden Freight Costs? Freight sourcing team article and permission to publish here provided by Katharine Barrios at xeneta.com. Freight sourcing and procurement is a critical component of the whole supply chain and is crucial to the success of the business. Whether you are a BCO (Beneficial Cargo Owner), Freight Forwarder or NVOCC it is essential that you get this critical component right. Use of Freight Rate Benchmarking.

How to Protect Your Freight From Cargo Thieves

GTG Technology Group

5 Tips for Protecting Your Freight Against Cargo Thieves. Protecting freight is one of the responsibilities you have to your clients. In 2018, motor carriers reported almost 600 incidents of cargo theft nationwide. Cargo thieves can take advantage of opportunities for crime, such as low security at a cargo hold, to steal thousands of dollars worth of cargo. Thieves stealing cargo can cause disaster along the supply chain. Sources: [link].

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Current State of International Transportation Industry – LogiSYM October/November 2020

The Logistics & Supply Chain Management Society

Our vision at TRAMES, is to reduce global trade barriers through digitalizing international freight and transportation. TRAMES is all about International Freight Orchestration (IFO). c) Digital Freight Forwarders. What TRAMES Aims to Tackle.

Freight Rate News November 2015

Freightos

Wouldn’t it be amazing if someone could cut through the hype and summarize the key freight and logistics trends every month? If you prefer to find the news yourself, head over to our free roundup of nearly 100 digital logistics and supply chain news sources. Short Term Medium Term Special Feature Carriers & Cargo Innovation Freightos focus November 2015 freight and logistics trends that rate. CARRIERS & CARGO BRAVE NEW ROUTES.

Bringing Freight Online with WebCargoNet and Freightos

Freightos

Bringing Freight Online With WebCargoNet And Freightos. But this story is more about a vision for a better future of freight, than just another acquisition. An Industry On The Verge Of Change. In many respects, this should be a good time for the logistics industry. There’s unprecedented volumes of global shipments , growing international trade, more flexible supply chains, and easier sourcing than ever before (Alibaba, anyone?). Freight Insights News

How Air Cargo has kept Supply Chain moving during the Pandemic!

Supply Chain Game Changer

Air cargo article and permission to publish here provided by Ed at eleven-tenths.com. The efforts required to make this happen illustrate the challenges faced by air cargo planes in the current environment – the equipment had to be sourced from a range of countries around the world, and funnelled through Dubai en route to its final destination. International travel has been brought to a halt, which has dire implications for the air cargo industry.

Freight Rates News December 2015

Freightos

Freight Rates News. Freight and logistics trends that rate in the news. Check out our roundup of nearly 100 digital logistics/supply chain sources. OUR TAKE There is a lot more flexibility with parcel delivery, but some aspects of this change also applies to freight. SPECIAL FEATURE: FIVE TRENDS TO SHAPE THE SHIPPING INDUSTRY. IHS Identifies Top Five Trends in 2016 That Will Shape the Global Maritime Industry for the Coming Decade.

US Spending Cuts to Create Issues for Freight Forwarders Through Cargo Processing Delays

BluJay Solutions

As the US Federal Government begins to implement a Sequestration program of mandatory spending cuts to address its budget deficit, effective March 1, the Department of Homeland Security is warning of potential delays to the processing of inbound air and sea freight shipments. And the resulting delays in processing cargo imports are set to impact heavily on the logistics industry, with logistics services providers of all types affected, in particular freight forwarders.

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Air Cargo Got It Wright: 9 Incredible Air Cargo Facts

Freightos

Celebrating the anniversary of this first flight, we’re taking a look at nine most amazing things you should know about air cargo. 1 First air cargo flight: 1910. 2 Craziest air cargo market entry: DHL Express. 3 Largest air cargo plane: Antonov An-225. The largest air cargo plane in the world is the Antonov An-225 Mriya , which can take off with a maximum weight of 640 tons (580 tonnes). 5 Most Evil Genius Cargo: Lasers. Source: Imugr.

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Is The Freight Industry Ready For SOLAS?

Freightos

Is The Freight Industry Ready For SOLAS? In the run up to the July 1, 2016 requirement that there must now be a verification of the gross mass of packed containers, Freightos research has determined that only one third (36%) of FCL freight quotes are still being saved with a weight. By and large, logistics providers and shippers currently avoid getting accurate weights for FCL freight shipments. Cathy Roberson thinks this has a lot to do with the industrial situation.

How to Improve Freight Labeling for Transport and Logistics Management

Cerasis

Lost labels and mislabelled freight result in delays, loss of customer confidence and damage to your business reputation. To combat the problem here’s a way to improve freight labeling for transport and logistics management. Lost labels and mislabelled freight are irritating. Incorrect or missing labels are a source of frustration for packers, handlers, freight forwarders, customs officers, haulers and those receiving the goods. Freight Logistics

Letter from the CEO: Coronavirus Market Update

Transplace

Industrial and chemical sectors are maintaining at seasonally expected shipping volumes as of this time. Many shippers are seeing surge capacity, especially in the CPG industry (water, cleaning supplies, paper products, shelf stable, and other food items). Spot market rates are increasing for freight going from Mexico to the California, Washington, and Oregon areas. Cargo flows and ship calls are rebounding in China. Chinese industrial activity is increasing.

The Wisdom of the Crowd (Sourcing) Doesn’t Apply to Commercial Shipping

Supply Chain Collaborator

More than a year ago, the Supply Chain Collaborator blog examined the trend toward crowd sourcing and wondered aloud whether an “Uber for commercial shipping” was imminent. Sixteen months later, a virtual lifetime in the technology realm, the crowd sourcing economy shows no signs of slowing with numerous solutions emerging across a host of industries. Tucker nails this important distinction in this passage, “ Freight isn’t people.

Technology Fuels Freight Logistics: Jeff Tucker in Wall Street Journal

DAT Solutions

Jeff Tucker 's guest column in yesterday's Wall Street Journal pointed to the pivotal role of technology, including DAT Load Boards , in freight logistics today. Jeff also highlighted the contribution of freight brokers to the efficient movement of cargo. Jeff has been a leader in freight logistics since 1992; he is president and CEO of Tucker Company Worldwide and Chairman of the Transportation Intermediaries Association. domestic freight transportation and logistics.

Blockchain in freight forwarding – Is it the next big thing?

20Cube Logistics

Well, with so much complexity, one would certainly require a reliable and transparent source to carry such enormous data and activities. This is where Blockchain is ready to transform the way the supply chain and logistics industry works. How will blockchain impact freight forwarding? Each time cargo is shipped, the transaction is documented, creating a permanent history of the shipment from order to delivery.

This Week in Logistics News (August 3-7, 2015)

Talking Logistics

Cargo Chief Cracks the Code on Transportation Capacity. Freight Startups Attract Silicon Valley’s Attention ( WSJ – sub. Finally, the list of startups looking to disrupt the freight brokerage and freight forwarding markets continues to grow. For example, there’s Cargo Chief , which issued a press release this week on how it is “cracking the code on transportation capacity.”

How to Avoid Damage to Your Freight

GTG Technology Group

3 Tips to Avoid Damage to Your Freight. Freight damage may only occur in less than 1% of shipments, but with almost 50 million tons of freight moved daily, that equates to around 500,000 tons of freight damaged per day. Lost or damaged freight can cost transportation companies and their clients thousands of dollars. Freight damage is often preventable with a few best practices to keep your freight safe. Package Your Freight Properly.

Global Cargo Monitoring / Cargo Tracking: Networked Supply.

Global Trade Management

Global Cargo Monitoring / Cargo Tracking. By having many service providers involved, which among each other are often not connected, the friction in moving goods from source to destination are very high. As manufactures and retailers increasingly depend on extended rosters of sourcing companies, the resulting networked supply chain requires improved visibility. • Disagreements over shipping practices within the industry itself.

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Ultimate COVID-19 Supply Chain Resource Roundup

Freightos

If you don’t want to click through, you can subscribe to our weekly roundup or visit our own COVID-19 update page , which includes expert tips for managing freight during the crisis alongside the latest developments in logistics. Finally, you can always get free access to our Freightos Baltic Index daily freight index here. Industry news sources like Journal of Commerce , Loadstar and FreightWaves also provide great coverage. Freight Insights Logistics Technology

The Great Maersk Shift

Freightos

The following is a 5,000 word exploration of Maersk’s strategic shift to end-to-end logistics services, based on open sources. Demand for ocean freight was lower than anticipated, and Hanjin Shipping, another top ten ocean liner, was already teetering on the verge of bankruptcy.

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The Tesla Semi Truck Will Change Freight

Freightos

The Tesla Semi Truck Will Change Freight. Freight innovation frequently focuses on moving data better – like visibility, eBookings , and the new generation of forwarders and brokers. Which is why one of technology’s most respected minds is now fundamentally overhauling land freight (and he’s not just stopping at an electric truck). The Tesla Semi in the Wild (Source: reddit). What The Tesla Semi Means For Domestic and International Freight.

Pricing Power in a Cargo Bazaar: Does Revenue Management Add Value?

Supply Chain Nation

Logistics Service Providers (LSPs) were the center of the cargo transportation universe and the shippers were fully reliant on them for all their logistics needs. Air and ocean freight carriers were reliant on these LSPs to provide them with a view of the market; in most cases they had no transparency into the shipper’s needs and thus were completely cordoned off from the true source of demand. A true cargo pricing bazaar was the result. Those were the good old days.

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The Silk Railway: freight train from China pulls up in Madrid

Global Trade Management

En route it passed through Kazakhstan, Russia, Belarus, Poland, Germany and France before arriving at the Abroñigal freight terminal in Madrid. It consisted of 30 containers carrying 1,400 tonnes of cargo – mostly toys, stationery and other items for sale over Christmas across Europe. Those trains link Chongqing, the huge industrial city in south-west China, with Duisburg, and Beijing with Hamburg. It is also Spain’s third largest source of imports, after Germany and France.

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How to Keep Your Freight from Freezing: What Shippers Need to Know

Zipline Logistics

Its arrival brings cold weather for much of the US and requires shippers to take steps to protect from freeze with their freight. . There are steps you can take to ensure that frigid temperatures do not damage your freight. Understand Your Freight Needs.

How Blockchain Could Create the 'Autonomous Container'

Supply Chain Brain

The technology has proved to be of particular value in in the pharmaceutical industry, where the slightest deviation in temperature can ruin an expensive shipment of drugs. The technology features chips that monitor temperature and humidity within a 500-meter range of an air-freight container. Ettl says that drawback can be addressed through the use of Hyperledger , an open-sourced collaborative effort to develop blockchain technologies across industries.

Ocean Freight Procurement and Going with the Stream

Freightos

The annual fixed-price contract is the current go-to for ocean freight procurement. Tenders can take BCOs (Beneficial Cargo Owners) three to five months of preparation, but despite this, the fixed price often breaks down during peak season. Fixing a price is almost futile in a volatile market, and ocean freight now has much more volatility (both frequency and magnitude) than most other commodities. Source: SGX, Freightos Baltic Index. Remember iPods?

Coronavirus and the Trade War: A Perfect Storm Argument for SMB Supply Chain Diversification

Freightos

The digitization of commerce created a path for giants like Amazon and Alibaba to dominate their respective storefront/fulfillment and sourcing roles in the market. Recent developments in freight digitization are simplifying the shipping process and giving visibility to freight pricing enabling small players to handle the logistics side of their business more easily, transparently and efficiently. million freight containers each year.

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Eight Key Takeaways From FreighTech 2018:TLV

Freightos

This week, Freightos hosted over forty logistics and innovation executives for FreighTech 2018, a symposium dedicated to discussing challenges and opportunities in the industry. The catalyst was fairly simple – there are freight conferences and tech conferences, but few that really mesh both very well. Gathering industry experts who categorically both practice and preach meant value delivered right out of the gate. Freight used to start with a golf game or a phone call.

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The Ultimate List of Top Logistics Startups – Blog

Freightos

Logistics is the prime example of a changing industry – colossal, ripe for disruption and utterly opaque. And it’s about to get hit by a freight train of innovation. How much do we love freight innovation? 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. Freight Forwarding.

Experts Choice Of Top Online Logistics Resources

Freightos

So I went straight to the source and asked consultants, trade reporters, Wall Street Journal reporters and others, what their go-to logistics and supply chain sources were. is one of the industry’s most respected logistics sources. Part of Peerless Media’s impressive stable of industry magazines, including Supply Chain Management Review, Modern Materials Handling and Material Handling Product News. Air Cargo World. Cargo Business News.com.

From Exports to Delivery: Simplifying PPE Shipping

CH Robinson Transportfolio

Over the past several months, China has been the main source for PPE. So, it’s important you’re up to date on the latest regulations to avoid your freight being held up. And due to the nature of the shipping industry, these regulations can change quickly—especially for medical grade equipment. Metered freight solutions. In this environment, we’re seeing companies turn to air freight to move their personal protective equipment quickly.

The decrease of air freight, an opportunity for commercial airlines?

KEPLER Consulting

Air freight : situation and players. It is a bad time for air freight. The International Air Transport Association (IATA) attributes this decline to rising kerosene prices, Sino-American trade tensions and protests in Hong Kong – forcing world’s first cargo airport to shut down temporarily. Contrary to public opinion, the decline in traffic affects both commercial airlines and all-cargo airlines. In June 2019, the world traffic fell by 4.8%

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Introducing the Freightos Marketplace

Freightos

This tremendous growth was driven by freight shipping, which scaled in size but didn’t significantly improve underlying technology, getting bigger, not getting smarter. In an era that has embraced data technology for improving everything from entertainment to finance, freight is still manual. Sources: A , B. Four years ago… …we set out to change this by bringing freight shipping online. The logistics industry is the backbone of global trade.

Sustainable Logistics Practices Can Serve as a Differentiator for CPG Brands

Zipline Logistics

Sustainability is an often-discussed concept that can be a reliable source of differentiation for CPG manufacturers. Now, when most think of sustainability, they think of ethical sourcing or environmentally friendly packaging. Finding Freight Consolidation Opportunities.

How to Reduce Product Damage During Shipping

Cerasis

The problem is so pervasive that it has spawned an industry of consultants, software and tracking technology. As an alternative, you may want to find a company with smaller cargo style trucks or use a logistics company to find the right trucking solution for you. In the temporary display industry, we often assemble and pack-out our client’s displays with the product before shipping displays to warehouses or stores. Freight