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In April 2024, we asked members of our Indago supply chain research community — who are all supply chain and logistics executives from manufacturing, retail, and distribution companies — if they had experienced cargo theft or other types of freight fraud in the past year.
In April 2024, we asked members of our Indago supply chain research community — who are all supply chain and logistics executives from manufacturing, retail, and distribution companies — if they had experienced cargo theft or other types of freight fraud in the past year. Read more
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 cargo logistics is coming to a head with Temu and Shein’s entrance to the US market.
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.
Chris Cser and Joe Lynch discuss global giants – ICAT moves the world’s largest cargo. Summary: Global Giants: ICAT Moves the World’s Largest Cargo In this podcast, Chris Cser, Director of Operations at ICAT Logistics, takes us on a journey through the complex world of global logistics. Getting through customs.
billion rate data points monthly to provide the most comprehensive view of the market, helping you identify savings opportunities and make data-driven decisions. billion rate data points monthly to provide the most comprehensive view of the market, helping you identify savings opportunities and make data-driven decisions.
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.
Pledge) , including its global supply chain sustainability solution for beneficial cargo owners (BCOs), enterprise supply chain leaders and logistics service providers (LSPs). Pledge provides software solutions to empower enterprise supply chain teams and LSPs to meet their sustainability goals and Scope 3 emissions reporting requirements.
If your business depends on freight shipping, you've likely felt the effects of a world that seems to change overnight. When tariffs rise, fuel prices spike or international trade agreements shift, those cause ripples across all freight modes — truck, air, rail and ocean. Natural disasters. Tariff swings.
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.
Startup Mexican airline Awesome Cargo, which provides dedicated aircraft and flight service to logistics companies and other customers, has taken delivery of its first fully capable freighter aircraft after operating two light-duty freighters since its inception 18 months ago. which is leasing the plane to Awesome Cargo.
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. The money is coming through the U.S.
billion rate data points monthly to provide the most comprehensive view of the market, helping you identify savings opportunities and make data-driven decisions. billion rate data points monthly to provide the most comprehensive view of the market, helping you identify savings opportunities and make data-driven decisions.
Blog " * " indicates required fields Email * More Resources Home September 6, 2023 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.
International cross-border e-commerce is typically transported by air cargo. However, as air freight rates climb and capacity tightens and questions regarding the future of US de minimis, interest in ocean freight services is on the rise. Whereas Alibaba’s service offers cargo that can be shipped to any warehouse or store.
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.
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. Today, 75 to 80% of cargo arrives on time.
Jeff is the CEO of Tucker Company Worldwide , the oldest privately-held freight brokerage in North America, specializing in notoriously complicated freight, like temperature-controlled, oversized, and high-value, high-security shipments. Jeff Tucker and Joe Lynch discuss the Breakbulk Americas conference. About Jeff Tucker.
Miguel Angel Martinez, president of Mexico’s National Chamber of Freight Transport (Canacar), said some transporters are close to bankruptcy due to an operational crisis at Manzanillo’s customs department. We’ve already defaulted on payments to leasing companies, insurance companies, suppliers, and even our staff,” Martinez said.
manufacturers have spent the last few decades consolidating production at gigantic offshore plants, especially in China. Such a model, based on prioritizing unit economies and production at scale, doesn’t prepare manufacturers and retailers for the waves of disruption that are washing over global supply chains today.
Mark spent over 7 years in leadership with the second largest freight brokerage in North America, Total Quality Logistics. In 2017, Mark recognized a need for logistics service providers to have better access to cost effective All-Risk Shipper’s Interest Cargo Insurance with focus on Mexico.
The international inbound transportation service is only available to Walmart Fulfillment Services (WFS) sellers that source or manufacture goods in China, and all cargo must be shipped from Yantian, Shanghai, or Ningbo ports. Cargo imported into the U.S. according to the Walmart Marketplace website. from May’s 2.24
With a robust customer base in the automotive and industrial original equipment manufacturer (OEM) sectors, Flexis strengthens Blue Yonder’s capabilities to help companies with highly configurable products and expansive suppliers to plan and optimize their complex production facilities and network structures. Bank Freight Payment Index.
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. And now on to this week’s logistics news.
Higher freight volumes. Stronger freight volumes are expected as pent-up demand from consumers, retailers, and manufacturers reaches an apex. Shrinking capacity from higher freight volumes results in higher rates throughout peak season and beyond. Tight capacity and high rates.
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. However, since buying goods manufactured primarily in Asia increased so significantly, demand quickly outpaced supply. When ocean container rates spike, so do the prices we pay.
Featured guests include supply chain and logistics executives from leading manufacturing and retail companies, professors from leading academic institutions, executives from third-party logistics and technology companies, and authors. Editor's Bonus Pick: Talking Freight by Cerasis. Supply Chain and Logistics Management.
Advanced planning evolved with a focus on modeling manufacturing constraints. More and more cargo shifted to ocean transport until the container imbalances resulted in issues with “rolling the freight” from ship to ship despite confirmed bookings. The Emergence of Logistics as Constraint. Over time, this changed.
Freight Rates 2019-2021. As a result, companies plug along planning based on historic lead times and freight rates which as you can imagine is doomed for failure. meters draft, and cargo capacity up to 14,000 twenty-foot equivalent units (TEU); previously, it could only handle vessels up to about 5,000 TEU. Variability abounds.
Weather delays can affect shipping lanes, manufacturers face product shortages, demand continues to spike for certain products, containers are difficult to acquire, and the trucking industry faces a driver and capacity shortage, just to name a few. When we think of fraud in the supply chains, often we think about organized cargo theft.
While passenger electric cars have seen widespread adoption, transitioning the freight industry to electric trucks has proven to be very challenging, for multiple reasons. So let’s dive right into the major challenges standing before the green and electric freight truck revolution.
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.
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. Israel Aircraft Industries is remodeling older Air Canada passenger jets to carry heavy freight.
Amidst all of these stories of shortages and bottlenecks, we thought it would be helpful to explain the basics of shipping ocean freight. In this article, we will explain the shipping process, identify the different types of cargo, and show the benefits of ocean freight shipping. What is Ocean Freight? Types of Cargo.
With supply chain disruptions, low capacity, and skyrocketing fuel costs, manufacturers and shippers are facing monumental hurdles. Fortunately, strategic planning can help you deliver your land cargo on-time , despite the abundant labor shortages. Low Land Cargo Capacity. Solutions for On-Time Land Cargo Delivery.
Drennan struggled to obtain a driver’s license from the Railroad Commission in charge of regulating motor-freight at the time, allegedly because of her hearing loss, though Drennan believed it to be related to her gender. We’re looking for alternative components in terms of manufacturers. The new pool, to be known as SACP 3.0,
When terminals cannot move cargo, the costs can escalate quickly. Since the systems affected were controlling the flow of vessels and freight around the world, these can be classified as OT-level supervisory type systems. Should we call the Maersk attack an OT-level attack or an IT-level attack?
Robotic arms Robin and Sparrow were designed and manufactured at its Robotics Innovation Hub near Boston and help sort customer orders. Global shipping lines have become increasingly strained as the Houthi militia in Yemen broadens its attacks on cargo vessels, one of the largest companies in the industry warned on Monday. “The
East Asia – April 29, 2025 Update The Freightos Weekly Update keeps you informed on international freight with key economic data, demand trends, and rate insights. In the meantime, reports on the drop in China-US ocean freight demand range from around 30% to more than 50% in the last few weeks. kg last week.
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!
Transporting pharmaceuticals is arguably more important than manufacturing them, because it enables these lifesaving medications to make it to where they are needed most. Guarding Against Cargo Theft Cargo theft is one of the largest risks associated with pharmaceutical manufacture and transport. Download White Paper.
We first featured the most popular manufacturing blog posts followed by the top Supply Chain blog posts, then logistics, transportation, business, 3PL, and then finally we round out our series today featuring the most popular blog posts focused on freight and freight management. The 12 Most Popular Freight Blog Posts from 2014.
Thanks to container prices rising as much as 600%, money that could be used for advertising went to freight companies instead. 49% of respondents were from the manufacturing industry, 16% from the mechanical engineering sector, and 11% from the automotive market. Raw Material Shortages Are Affecting a Challenged Supply Chain.
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. These factors have encouraged manufacturers to move closer to the source of consumption — the U.S. trade with Asia.
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