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If your business ships freight , you never want to hear the words "cargo" and "theft" in the same sentence. Cargo theft is a hot topic and major concern in the logistics industry and has been on the rise in recent years. 1 Incidents of cargo theft don't just cost you time and money. And rightly so!
As businesses grow, so do the complexities of managing freight logistics. Whether you're a small startup or an established business, choosing the right freight shipping service provider can be a game changer. A freight broker serves as the intermediary between shippers and carriers. What is a freight forwarder?
To fully capitalize on the advantages of nearshoring, companies need partners who understand that success hinges on more than just moving trucks –– it requires mastery of compliance, purpose-built infrastructure and vigilant security protocols. They’re absolute necessities.
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. Join 60,000+ supply chain experts who never miss an issue! Start your week with the industry insights others miss. "
Cargo theft continues to be a problem, especially around the holidays. And I don’t just mean the winter holidays; cargo theft typically spikes during any holiday season where businesses may be closed for an extra day or two. But what exactly is cargo theft? Cargo theft comes in many shapes and sizes.
But in the context of the Shippers Council, the shipper is the cargo owner (or BCO beneficial cargo owner), usually a manufacturer, who contracts with a logistics service provider (LSP), which, in the Councils definition, can be a transportation (land, sea, air) company, an express company, a forwarder, or a full-fledged 3PL.
Los Angeles-based tech logistics company Warp announced Friday it has secured a $10 million Series A round to scale its AI-powered freight network via robotics and automation. The company currently has a national network of 50 cross-docks and over 10,000 carrier vehicles ranging from cargo vans to 53-footers. It redefines it.
If your business depends on freight shipping, you've likely felt the effects of a world that seems to change overnight. Building a resilient supply chain isn't just a best practice anymore — it's a business imperative. LTL and truckload freight Less-than-truckload (LTL) and truckload (TL) shipping are go-to options for many businesses.
More Resources Home The Red Pill: The (Slow Yet Steady) Revolution in Global Freight Digitization Eytan Buchman April 15, 2024 Dive deeper into freight data that matters Learn More The March 26th Francis Scott Key Bridge allision feels shocking. It’s not just supply chains. But those successes deserve to be celebrated.
Three enabling capabilities stand out: artificial intelligence (AI), cybersecurity, and real-time monitoring. This approach reduces lead time and minimizes cross-country shipments, but it requires high system interoperability and robust handling of demand spikes and regional anomalies. shifting macroeconomic indicators).
Well, ocean freight makes that possible. That’s ocean freight in action. When you’re working with ocean freight, you’ve basically got two main ways to ship your goods. It’s like having your own apartment for your cargo. Think about it this way – that coffee you’re drinking?
They need to make decisions in real-time or near real-time, as the environment around them rapidly evolves. Now, teams can focus on strategy, instead of chasing information across multiple systems and endless email chains, saving time and money, and getting goods on shelves with less overhead and more reliability.
What’s Holding Back Customer-Centric Air Cargo? . As the cream of air cargo’s innovators held turns on the floor, this question came up time and again. The industry’s mindset is holding customer-centric air cargo back. That was my big take from Elevate , presented by Air Cargo World earlier this month.
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. In many respects, this should be a good time for the logistics industry. In many respects, this should be a good time for the logistics industry.
As of this morning, Freightos is a public company trading on Nasdaq with the ticker CRGO , taking the next step in our journey to make global trade more efficient with the world’s global freight booking and payment platform. We’re just getting started. People complain that freight is a traditional industry. Today that changes.
For the past few years, the air cargo market has greatly benefited from international e-commerce. According to the International Air Transport Association (IATA), 80% of e-commerce is transported by air and makes up upwards of 30% of total air cargo volume. Rethinking supply chains is a reader-supported publication.
More Resources Home Navigating the Waves: Exploring Digital Booking in Ocean Logistics at TPM 2024 Judah Levine The sessions at this year’s TPM, the preeminent North American ocean freight conference, was more focused on the role of technology in ocean logistics than ever.
As a disclaimer, WebCargo , a Freightos Group company, does offers digital services to global forwarders and carriers, including online sales portals, digital eBooking, multimodal rate management and the Freightos.com freight marketplace. . The Freight Game of Thrones. The Maersk Shift: Where it started. Driving the Maersk Shift.
In 2019, digital freight isn’t a vision; it’s a reality. Land travel restrictions in Asia extended Chinese New Year, dropping ocean freight demand, which, just weeks later, spiked when the shutdown ended. Meanwhile, massive passenger airline restrictions dramatically reduced air cargo capacity, sending rates through the roof.
Blog More Resources Home September 10, 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.
More Resources Home August 6, 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 increased 7% to $3.63/kg. Europe – N.
In some sort or another, Punxsutawney Phil has been predicting the weather since 1890, and let’s just say that his record is iffy at best. ” I assume that Phil tries to ignore the pomp and circumstance of how his shadow would determine the upcoming weather pattern, and just wants more sleep (like the rest of us on a cold winter’s day).
But this season, and post-season in particular, the two of them proved their critics wrong, showing the NBA and the rest of the world just what the dynamic could do. But this season, and post-season in particular, the two of them proved their critics wrong, showing the NBA and the rest of the world just what the dynamic could do.
For the first time since 2020, I was back in New York City for the NRF Big Show. According to a company blog post, Amazon will also now provide sellers with an estimated capacity limit “for the following two months to help sellers plan over a longer time horizon.” I will cover this in an article next week.
In an industry where phone calls remain the dominant channel for booking freight, WireBee has emerged as a pioneer in protecting brokers from increasingly sophisticated fraud attempts. WireBee aims to combat several prevalent types of freight fraud that are both common and costly.
It took time for the situation to normalize, especially for complex products like semiconductors that require a lot of moving parts in the global supply chain. Just when it seemed that 2024 would be a very welcome year of “normal” supply chains, the Red Sea crisis proved that for global supply chains, there is no such thing.
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.
These trends and technologies include the network effect, innovation in transportation management systems, time slot management applications, autonomous trucks, and the future of last mile deliveries, specifically looking at autonomous mobile robots and drones for home delivery. The primary reason companies buy a TMS is for freight savings.
Blog More Resources Home It’s Not About Chatbots: Getting Real on AI Usage In Real Life Logistics (AI Popup #5) AI Popup #5 September 17, 2024 Dive deeper into freight data that matters Learn More It’s so hard to talk about AI without sounding pretentious or annoying. What Freight Right Doesn’t Do With AI: We aren’t using chatbots.
When the ball drops on Times Square to welcome in 2022, the employees at the Port of Long Beach will celebrate moving 9 M TEUs in imports: a 26% increase year-over-year. As ports become more congested, lead time variability increases. Freight Rates 2019-2021. As I rolled holiday cookies in my hands, I watched TV. I am worried.
However, at its heart, production in the Asia-Pacific region was severely curtailed for a period of time for issues ranging from the COVID impact on worksites to energy shortages, to port capacity limits. So, there was a supply disruption and an increase in demand hitting the market at the same time.
Freight fraud has emerged as one of the most rapidly growing and financially devastating risks in today’s global supply chain landscape. Enter Overhaul’s FraudWatch , a winner of the 2025 FreightWaves Fraud Fighter Awards, which has revolutionized the approach to freight security. The impact of FraudWatch has been significant.
Choosing a wooden crate supplier involves more than just comparing prices. Some suppliers only offer generic models, while others provide crates tailored to specific cargo types. The more options a supplier offers, the easier it is to match crate design to your cargo’s weight, shape, and fragility.
My youngest daughter just yells for them to throw the ball to Travis Kelce on every play so she can see Taylor Swift celebrate. We have all seen the math, and even with her concert in Tokyo on February 10, she still has time to get to Las Vegas for kickoff thanks to the magic of the international date line. and Canada. and Canada.
The output was just not helpful. We have too hard-wired solutions bolted into IT architectures to enable the flexibility needed by business leaders during times of high variability. Over time, this changed. The Covid-19 pandemic tested the global supply chain. It will not be over soon. The reason?
And this doesn’t just apply to how long can a vehicle go on a single charge; it also applies to the actual life of a battery, as a new battery can cost upwards of $25,000. Cargo losses escalate as thieves target cars, electronics. With the reduction in cargo coming out of Shanghai, some carriers aren’t able to fully load a vessel.
To take the damaging effects of marine vessels into account, the International Maritime Organization (IMO) reduced their allowable sulphur fuel emissions to just 0.5% Waiting times in ports contribute to pollution, as the engine of a vessel stays running as it continues to power its onboard systems. Cargo transfer requirements.
More Resources Home Empowering Freight Forwarders with AI: Insights from Industry Leaders AI Popup #2 July 8, 2024 Dive deeper into freight data that matters Learn More For years, technology has been cast as a threat to freight forwarders. In fact it’s just the beginning. In fact it’s just the beginning.
Crowley has been named a winner of the prestigious 2025 FreightWaves Fraud Fighter Awards, recognizing the company’s innovative approach to combating increasingly sophisticated freight fraud schemes. According to Crowley, the most dangerous threat in today’s freight industry is “the rise of identity theft and synthetic carrier profiles.
In an industry where carrier identity theft and double brokering schemes cost hundreds of millions annually, Descartes has emerged as a frontline defender against fraud in freight transportation. Descartes’ approach to fraud prevention has evolved significantly over time.
It’s a disrupted supply chain world, and we’re just living in it. The world just seems to be in a different paradigm at the moment,” Hookham said, highlighting that disruptions are not solely political but also driven by climate change, extreme weather events, and labor disputes. Data plays a pivotal role in this context.
From just being environmentally friendly, it has become a holistic framework that encompasses the environment, social and corporate governance. Over the last decade, the idea of corporate social responsibility (CSR) has greatly evolved. The logistics business, is predominantly a network business driven by our employees. Photo Credit: L’Oréal.
In a statement to CBC News , a DHL Express spokesperson said that the company had proposed a 15% salary increase over five years, but "there was simply not enough progress" in talks to indicate that the two sides would come to an agreement in time. Timely, incisive articles delivered directly to your inbox.
Brian is the Founder of Port X Logistics , a transportation company that specializes in expediting containerized cargo throughout the U.S. About Brian Kempisty Brian Kempisty is the Founder of Port X Logistics, a transportation company that specializes in expediting containerized cargo throughout the U.S. and Canada. and Canada.
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