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Hapag-Lloyd has released plans to utilize the newly developed Container Payment Portal (CPP) to accelerate cargo movement for customers and supporting terminal operators. It ensures secure, efficient, and transparent transactions, helpingHapag Lloyd’s terminal partners and customers improve cargo flow across U.S.
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.
One of the fastest growing forms of cargo theft is deceptive pick-ups (aka fictitious pick-ups). Then the con artists offer low bids to freight brokers who handle shipping for numerous companies. Significant fictitious pick-up activity has also been reported in Florida, Texas and NewJersey. Keep the cargo moving.
A trucking entrepreneur, Malcolm McLean recognized the inefficiencies of traditional cargo handling methods and saw an opportunity for innovation. In 1956, he launched the first container ship , the Ideal X, carrying metal containers from NewJersey to Houston. However, it did not gain traction until the mid-20th century.
Cargo losses escalate as thieves target cars, electronics. The Port of Oakland reported cargo in April dropped 7 percent compared to the same period a year ago due to factory and port shutdowns in China. With the reduction in cargo coming out of Shanghai, some carriers aren’t able to fully load a vessel. s CargoNet. s CargoNet.
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
Cargo theft is surging across the United States — and food and beverage products seem to be the main targets. Cargo Theft Increases in the United States Cities seeing a spike in freight theft include Los Angeles, Houston, Miami, Savannah, Newark, NewJersey, Memphis, and Chicago.
Cargo ships lost 661 containers at sea in 2022, down from the 15-year average of 1,566 lost per year, according to the latest figures from the World Shipping Council (WSC). Some major ocean carriers have also announced new fees for goods shipped on the route as of June 1 in response to the canal restrictions.
The ocean freight industry uses many acronyms to describe a shipment’s routing. Here are some of the most common ocean freight routing terms that are important to know. . Here are some of the most common ocean freight routing terms that are important to know. . This acronym stands for Mini Land Bridge.
Shippers Rush to Find Alternatives as US East Coast Port Strike Looms LOS ANGELES/NEW YORK, Sept 25 (Reuters) – U.S. companies that rely on East and Gulf Coast seaports have been importing early, shifting goods to the West Coast, and even putting cargo on pricey flights to hedge against a threatened Oct. presidential election.
Of course, just a few weeks ago the Federal Maritime Commission (FMC) launched an investigation into potentially unfair demurrage and detention charges that are being levied against cargo owners, often for events beyond their control. Track carrier KPIs and analyze different routes to ensure freight lane optimization.
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. Thieves stealing cargo can cause disaster along the supply chain. Avoid High-Crime Areas.
A behemoth in the logistics industry, UPS has operations in shipping, air freight, trucking, last-mile delivery and drone delivery. It started in 1969 as DHL Air Cargo, and by the late 1970s, the company had expanded its operations and offered services throughout the world. Kuehne + Nagel Inc. Jacobs in 2011.
Just 14 years later, the first air cargo flight took place in 1910. By 1956, the first container ship sailed from the port of NewJersey to Texas. In 1896, the invention of the ‘horseless carriage’ semi-truck improved how goods moved across our country.
state of NewJersey. The Netherlands has a total of 29 airports, five of which are considered major airports, and two of which have paved runways capable of handling cargo planes. In 2015, registered air carriers moved more than 5 billion kmt of air freight. With a total area of 41,543 sq.
More Resources Home April 9, 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. America weekly prices decreased 13% to $3.66/kg Europe – N.
PowerFleet (NASDAQ: PWFL) is a leading global provider of wireless IoT and M2M solutions for securing, controlling, tracking, and managing high-value enterprise assets such as industrial trucks, tractor trailers, containers, cargo, and vehicle and truck fleets. PowerFleet is the result of the combination of I.D.
More Resources Home April 2, 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. China – N. Europe weekly prices fell 6% to $3.31/kg.
More Resources Home October 8, 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. America air cargo rates have increased 4% to $1.79/kg
More Resources Home March 27, 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. China – N. Europe weekly prices fell 10% to $3.52/kg.
Cargo planes could not fly out of or into Russia or Ukraine. Cargo capacity exacerbated inventory shortages in the first half of 2023. For example, at the Port of New York NewJersey (NYNJ), port officials announced a new penalty feels for empty containers with lengthy dwell times.
The Port of Los Angeles, which is vying with the Port Authority of New York and NewJersey to be the nation’s busiest facility, saw a 25.8% One of the major agreements includes the country’s National Guard meeting monthly with AMOTAC officials to create enhanced safety measures on the country’s roadways to combat cargo theft.
Port Newark Container Terminal, the Port Authority of New York and NewJersey, and the city of Newark marked the completion of a solar energy project designed to provide half of the terminal’s yearly electrical power needs. The collaborative project covering 7.8 Newark Mayor Ras J.
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. But the range balloons out when comparing companies.
Part of this decrease may be attributed to temporary declining freight volumes as regions in Asia continue to deal with COVID-19 related suspensions of production, shipping or transport operations. In February, a new Stage I Measure was introduced, which tracks that average period from cargo ready to origin port departure.
Actionable analytics and meaningful logistics intelligence are essential elements in freight. Since logistics intelligence sources data directly from freight systems in real-time, filling in the gap between your real-world logistics and your supply chain management strategies, it becomes easier to use that information strategically.
If you’re shipping a car or heavy machinery overseas – or even oversized cargo – roll-on/roll-off (RoRo) shipping is often your most efficient option for getting from Point A to Point B. The roll on and off process simplifies loading and unloading, reduces risk of damage, and often costs less than container shipping.
Bed Bath & Beyond @BedBathBeyond Bed Bath & Beyond has discovered a way to save millions of dollars on freight over the next few years, thanks to a new 755,000 square-foot distribution facility slated to open in the fall of 2019. The new facility will allow the company to offer two-day shipping to most (about 90%) of the U.S.
We aren’t fortune tellers at FreightCenter, but we have been in the logistics business long enough to predict what you’re about to ask: H ow much is the cost of freight to (insert destination) ? We’ll break it down and give you an idea of what’s involved in calculating freight cost wherever you’re shipping. NewJersey.
Expect a rush of reefer demand this week in areas hit by sub-zero temperatures, as shippers attempt to prevent sensitive cargo from freezing. Rates are cooling off for refrigerated freight across most of the country, but a few hot spots still remain. The hot market in the Western region is Twin Falls, ID.
And now on to this week’s logistics news. Alphabet’s Wing develops new fleet of drones. FedEx Express introduces new routes between Asia and Europe. Körber acquires enVista’s omni-channel and global freight audit and payment services. US initiates trade fight with Mexico over energy policy. Alphabet Inc.’s
The Port Authority of New York and NewJersey has embarked on an ambitious Net Zero Roadmap, outlining a comprehensive strategy to slash greenhouse gas emissions at the New York/NewJersey seaport. As a result, retailers now have more bargaining power over suppliers.
Container dwell fee paused at Port of New York and NewJersey. After around-the-clock negotiations, President Joe Biden said Thursday that freight railway companies and workers had reached a tentative agreement that will avert a rail shutdown that could have paralyzed the economy.
There are many factors in determining a freight shipping price. We’re here to help you figure out the right questions to ask when you’re looking for a freight shipping quote. These are the questions that can get you, for the lack of a better word, ripped off, for several reasons: Pricing types in freight shipping. Freight lanes.
The nation’s top ports of entry, Los Angeles-Long Beach and New York-NewJersey, in October imported a combined 1,031,127 20-foot-equivalent units…That amounted to a 2.5% For the Port Authority of New York and NewJersey, October’s total cargo volume broke the all-time record for the month.
More Resources Home October 1, 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 8% to $3.97/kg. America and N.
The result was terribly inefficient handling on both sides of the equation, poor space utilization on the cargo ships, freight damage, and high logistics costs. Enter Malcom McLean, legendary logistics entrepreneur and visionary who invented the standard steel shipping container first implemented in 1956 at the port of NewJersey.
SUBSTITUTED SERVICE (ALTERNATE PORT SERVICE) This provision shall govern the transfer of cargo by trucking or other means of transportation at the expense of the Carrier. Rates that are ramp or CY at origin apply from the inland rail carriers ramp at the place of receipt of the cargo by Carrier. Dangerous/Hazardous Cargo, N.O.S.,
Six Freight “Facts” That Are Wrong. And the freight industry is no exception. This post looks at six freight “facts”, and what makes them more fiction than fact. When it comes to freight, it’s the personal touch that shippers are looking for in their third party logistics relationship, right? No, not any more.
End of De Minimis: Air Cargo Decline? As of May 2, shipments from China and Hong Kong are exempt from de minimis – causing any cargo valued at $800 or less subject to the U.S.’ The announcement of tariffs spurred a rush of air cargo shipments from various countries in Asia to the U.S. and 6% of global volume.
The Fun and Necessary Facts About Road and Rail FTL Freight Shipping Full Truckload (FTL) shipping is a freight mode where your shipment occupies the entire capacity of a truck or container, as opposed to sharing space with other shippers like with less than truckload (LTL) shipping. long-distance freight volume.
This summer has only gotten hotter, but the freight market has certainly cooled off. Inside economist circles, there are both bulls and bears when it comes to a 2nd half freight market recovery, but both sides agree that we are indeed in a market transition, and that rates cannot go any lower. for Dry Van and $2.39 for Refrigerated.
I won’t spoil the ending for you, but it was an incredible show, and I highly recommend it to anyone who is in New York. And now on to this week’s logistics news. Red Sea news: Air freight rates could spike as Red Sea attacks disrupt shipments Global trade drops 1.3% Global trade declined by 1.3
Several other states that have committed to aligning with California’s zero emission vehicle (ZEV) rules are also plaintiffs in the suit: Colorado, Delaware, Massachusetts, NewJersey, New Mexico, New York, Oregon, Rhode Island, Vermont and Washington. Its data is as of December 31, 2024. for refuse trucks.
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