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The Red Pill: The (Slow Yet Steady) Revolution in Global Freight Digitization

Freightos

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 the gritty reality of logistics. Standards have evolved.

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This Week in Logistics News (January 27 – February 2)

Logistics Viewpoints

And now on to this week’s logistics news. UPS is seeking alternative strategies for its truck brokerage business, which has seen sales plummet amid a freight recession marked by declining rates and over capacity. More than $728 million is on the way to communities around the nation to bolster intermodal freight infrastructure.

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Logistics & Supply Chain Management Society (LSCMS), Supply and Distribution Group Launches Global Logistics Service Provider Benchmarking Index

The Logistics & Supply Chain Management Society

Singapore 12th August 2021: Recognising the heightened focus on overall supply chain performance due to increased disruption and challenges, shippers, manufacturers and beneficial cargo owners (BCO’s), are increasingly faced with soaring freights rates and what they, correctly or otherwise, perceive to be sub-standard or inferior service.

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Back to Logistics Tech School, 2022: the Lost Peak Season, the lingering COVID impact and more

Freightos

Logistics tech in 2022 has been unavoidably shaped by the two years that preceded it. The low rates that triggered Hanjin’s bankruptcy in 2017 quickly became a thing of the past, as surging demand, congestion, and a litany of global shipping catastrophes pushed ocean freight rates into the stratosphere. The Weekly Freight Update.

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Navigating Uncharted Waters: SMB Importers, 2024 and Red Sea Crisis Lessons

Freightos

The implication for global freight beyond the now typical uncertainty is predictably elevated operational costs and soaring freight rates. A significant majority – 70% – reported a return to normalcy in logistics operations, with 40% experiencing conditions that were even better than those they experienced pre-pandemic.

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High freight costs for importers means higher price tags for consumers

Freightos

A Freightos survey of 300+ companies sheds light on how importers have been navigating supply chain disruptions. 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. What’s changed in a year? Let’s talk numbers.

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Logistics Procurement – Performance Management

The Logistics & Supply Chain Management Society

Logistics Procurement – Performance Management by LSCMS Shippers’ Council Shortly after the outset of COVID, in early 2020, supply chains have been disrupted across the globe. Rates are now starting to stabilise and for ocean freight especially, we are seeing rates closer to pre-COVID levels.