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Home Introducing Freightos Enterprise: End-to-End Procurement, Benchmarking, and Management Freightos Enterprise unifies market intelligence, tender management, and shipment operations into one solution, enhancing logistics efficiency for large import-export businesses.
More Resources Home The Impact of Fast Fashion Giants On Air Cargo Eytan Buchman April 25, 2024 Navigating New Horizons: The Impact of Fast Fashion on Air Cargo Rates & Dynamics The intersection of fast fashion, globalized retail e-commerce, and air cargologistics is coming to a head with Temu and Shein’s entrance to the US market.
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. "
While uncertainty persists across key markets, Maersk continues to provide stable, reliable logistics solutions across ocean, air, inland, and customs services. Export demand from Greater China remains soft, but markets like North East Asia and the Mekong region have seen rising volumes as sourcing diversifies.
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. Over these 10 years+ I have learned a lot about supply chain and logistics through conversations with end users, suppliers, and my colleagues. Cargo imported into the U.S.
Shipping freight across the world is a complex matter. But what is even more complicated is freight billing and handling freight payments: what a cargo owner is initially quoted is often different from what he later is asked to pay. Billing inaccuracy and payment challenges are massive problems in the logistics industry.
Home No More Black Swans: The Age of Supply Chain Uncertainty Freightos Enterprise unifies market intelligence, tender management, and shipment operations into one solution, enhancing logistics efficiency for large import-export businesses. What’s become increasingly clear is that there are no more black swans in global logistics.
And now on to this week’s logistics news. In September 2022, Macy’s rolled out its first-ever wood-sourcing policy for its furniture sales after more than 150 years in business. It requires the use of responsibly sourced wood or recycled or reclaimed materials. The average value of cargo stolen in an event was $214,104.
And now on to this week’s logistics news. and global ports, with highly complex air freight systems suffering the heaviest hit, as global airlines grounded flights. and global ports, with highly complex air freight systems suffering the heaviest hit, as global airlines grounded flights.
Home Introducing Freightos Enterprise: End-to-End Procurement, Benchmarking, and Management Freightos Enterprise unifies market intelligence, tender management, and shipment operations into one solution, enhancing logistics efficiency for large import-export businesses.
Bringing Freight Online With WebCargoNet And Freightos. We have exciting news at Freightos – we’re proud to announce that we’ve acquired WebCargoNet , a leading logistics technology provider. But this story is more about a vision for a better future of freight, than just another acquisition.
And now on to this week’s logistics news. FedEx plans to test autonomous drone cargo delivery with Elroy Air. Air Canada wants more cargo jets 3 months after launching service. FedEx also plans to test autonomous drone cargo delivery, partnering with Elroy Air. Amazon workers in Staten Island vote to unionize.
And now on to this week’s logistics news. Walmart announced that it will pilot agriculture technology with crop supply intelligence company Agritaskto get real-time information on crops and improve sourcing decisions around produce. By the end of September, FedEx will no longer be the primary air cargo provider for the U.S.
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. The Freight Game of Thrones.
And now on to this week’s logistics news. Logistics companies are reversing their hiring binge. The impact of the COVID-19 pandemic followed by supply chain disruptions around the world has sparked a resurgence of companies bringing sourcing and manufacturing back to the United States or closer to U.S. trade with Asia.
Descartes is a software-as-a-service provider of logistics solutions. In some logistics application areas, like global trade compliance , they are a market leader. You can browse headlines on any business news site and see the word supply chain and logistics more than you would have seen before. These are headline issues.
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.
Kyle is Co-founder and CEO of Vizion , a groundbreaking technology company revolutionizing container tracking in the logistics industry. About Kyle Henderson Kyle Henderson is Co-founder and CEO of Vizion, a groundbreaking technology company revolutionizing container tracking in the logistics industry.
In the below article I propose to have a look at the main benefits and advantages of the cloud-based logistics management. More findings on the cloud cargo transportation and warehouse management systems you may discover on the web. Each industry has its peculiarities, among the others, in the logistics, manufacturing, and supply.
However, transportation and logistics costs can be prohibitive. As such, many SMBs turn to online platforms to sell products and for transportation and logistics assistance. International cross-border e-commerce is typically transported by air cargo. CMA CGM joined Maersk shortly afterward to partner with Alibaba.
While many sectors can already report decreasing greenhouse gas (GHG) emissions, logistics continues to be seen as a hard-to-abate sector given its current growth rates and its persistent dependence on fossil fuels. Also in road freight vehicles, battery-electric or hydrogen-powered drivetrains are close to market launch.
The rate of tech adoption in logistics continues to grow. The increase in the volume and use of digitized freight data has made the need for – and lack of – industry data standards all the more acute. One of the key themes that emerged was the growing importance of data standards and integrations. are growing too.
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.
IoT is making a mark on more and more industries, including logistics. 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. In logistics, this differs significantly from the use of IoT in other industries.
Not even B2B is spared from these changing expectations (which is why we at Freightos launched an online freight marketplace ). While freight industry executives likely sighed with relief when an update of Amazon’s logistics.amazon.com page on June 28th turned out to be nothing more than a franchise model for courier delivery services.
There’s no other way to describe it: Artificial Intelligence (AI) is revolutionizing the world of logistics. For example, DHL analyzes 58 different parameters of internal data to create a machine learning model for air freight. In general, the predictive analytics solutions in logistics and supply chain are on the rise.
The current state of logistics is our malady. I find no agency or entity trying to find a holistic solution to global logistics. Value networks do not interoperate and the business leader trying to track shipments must manually sync multiple data sources to get to answers. Freight Rates 2019-2021.
As part of the CMA CGM Group, CEVA Logistics has a global reach, which means that we can make a global difference. The logistics business, is predominantly a network business driven by our employees. Keeping that in mind, CEVA Logistics aspires to ensure the protection and professional development of our employees.
While passenger electric cars have seen widespread adoption, transitioning the freight industry to electric trucks has proven to be very challenging, for multiple reasons. EVs Face Serious Production Challenges Electric freight truck production is very different from traditional internal combustion engine (ICE) vehicles.
A lot of companies set up operations and sourced from Mexico back in the 90s, then the focus shifted to China and other Asian countries, and now Mexico is back in the spotlight. We’ve seen, for example, instability in ocean freight, cost, and issues with [Los Angeles] ports in past years. You need energy in order to do this conversion.
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. CARRIERS & CARGO BRAVE NEW ROUTES.
Digital Opportunity for 3PL Logistics Operations! Below are some common problems in supply chain management and how they can be mitigated with the assistance of software solutions and digital strategies in logistics. Failed customer expectations Logistics management software often has difficulties in fulfilling client expectations.
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Do You Have Hidden Freight Costs? Freightsourcing team article and permission to publish here provided by Katharine Barrios at xeneta.com. Freightsourcing and procurement is a critical component of the whole supply chain and is crucial to the success of the business. Use of Freight Rate Benchmarking.
The Experts’ Choice of the Top Online Logistics Resources. 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. Experts’ Choice: Supply Chain and Logistics Email Newsletters.
One of the biggest challenges remaining from the pandemic is the labor shortage and its ripple effects on multiple industries, including logistics companies. Fortunately, strategic planning can help you deliver your land cargo on-time , despite the abundant labor shortages. Low Land Cargo Capacity. Optimize Routes.
We have taken this proactive measure to safeguard our people, assets, and customers’ cargo in light of increased regional instability." The safety and security of our seafarers and operations are our top priorities," Maersk said in a statement June 20. "We Timely, incisive articles delivered directly to your inbox.
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. It already has.
That includes everything from raw materials and manufacturing to packaging and logistics. AI can integrate with procurement platforms, utility meters, logistics trackers and internet of things sensors to gather real-time data. Known as Scope 3 emissions, these are also the most difficult to measure and manage.
Material Handling & Logistics ). Material Handling & Logistics ). Thanks to container prices rising as much as 600%, money that could be used for advertising went to freight companies instead. 28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020).
Unifor claims that the company is pushing to implement changes to pay systems that would have drivers travel more than 60 miles to get to their routes or pick up freight with no compensation. Hunt, BNSF and GMXT Launch Intermodal Freight Delivery Service in Mexico More from this author Subscribe to our Daily Newsletter!
Even we have discussed the challenges logistics providers must overcome in recent articles like “ The State of U.S. Amidst all of these stories of shortages and bottlenecks, we thought it would be helpful to explain the basics of shipping ocean freight. What is Ocean Freight? Benefits of Ocean Freight. Types of Cargo.
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. DECEMBER 2015.
Likewise, labor can’t do its thing when there are severe equipment shortages, and rectifying those shortages requires difficult-to-source raw materials. It was recently reported that one of the world’s biggest container logistics companies, Maersk, will only handle cargo from direct shippers, cutting out freight forwarders.
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