This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
The recent port strike, the closed shipping lane that forced a shift to air transport, the bridge that blocked a port, even the grid brownout that slowed manufacturing, might have seemed like random disruptions. Who pays the crew of the ship that blocked your shipping lane? But take a closer look. This may sound like alarmism.
The last big geopolitical shock to the price and availability of crop nutrients — the start of the Ukraine-Russia war in 2022 — was followed by runaway food inflation and a severe strain on farmers. Featured Product Popular Stories End to De Minimis Slows Flow of Air Cargo from China to U.S.
Ships advised to keep their distance from Iran around Hormuz Strait Commercial ships are sailing close to Oman and are being advised by maritime agencies to avoid Iran's waters around the Strait of Hormuz, with the risk of the conflict between Israel and Iran escalating, shipping sources said on Wednesday. billion euros ($21.76
Tariff truce will not spark cargo boom at busiest US seaport, executive director says The head of the busiest U.S. FedEx appoints insider John Smith to lead freight spin-off business Delivery giant FedEx (FDX.N) said on Monday it has appointed insider John Smith as CEO of its freight trucking spinoff, FedEx Freight.
In a move that could reshape global shipping and energy supply chains, President Donald Trump has floated the idea of secondary tariffs —penalties that would be placed on countries that continue doing business with Russia by importing oil, gas, or refined fuel products. At the same time, Turkey is heavily dependent on U.S.
Increased Shipping Costs, Delays, and Transportation Issues. Dealing with the Shipping Container Crisis. Thanks to container prices rising as much as 600%, money that could be used for advertising went to freight companies instead. Following a March 2022 surge of Covid-19 in Shanghai, shipping company A.P. Accenture ).
Peak season for ocean freightshipping is underway. Here’s an easy way to think about the regular and potential future disruptions that could impact your ocean shipping strategy, and what you can do to prepare for what comes next. At these times of the year, you should see less risk to your standard ocean shipping strategy.
Freight tons moving on the nation’s transportation network will grow 40 percent in the next three decades while the value of the freight will almost double, increasing by 92 percent, according to the latest projections by the U.S. Take cargo airships, for example. trillion in 2015).
Secondly, materials and products originating in Russia and Ukraine are now in short supply, as they are simply not moving out of those countries. But, right now, after five months of armed conflict in Ukraine, economies worldwide, especially those in Europe, are beginning to feel the effects. Trouble has arisen on three fronts.
Turkey has 91 airports with paved runways, many of which are capable of handling jets and cargo planes. Twenty heliports can help with the speedy delivery of air freight when necessary. Regardless of the shipping mode required, it is easy to move goods to and from Turkey. Turkey’s workforce consists of 31.3 million people.
This is excellent news for everyone in freight accounting as companies struggle to increase profit margins that have narrowed amidst increasing fuel surcharges. . The FedEx Express team met the cargo plane at the gate to immediately move the coveted commodity toward the consumers. Operation Fly Formula Is a Success. on May 22, 2022.
This means that the world has opened up to countries like China, India, Brazil and Russia open for business. Stagnation of Air Cargo and Sea Freight Rates. Air cargo rates will also remain static. Opportunities for New Markets. Many of the high-tech markets that were termed ‘emerging’ are now fully developed.
Each year around 700 million TEUs are shipped across the world keeping global trade and businesses running and more than eighty percent of global goods trade volumes are carried by sea, with about a sixth of that volume in shipping containers. in March, while the average delay for late vessel arrivals decreased once again to 7.26
Often, the general public’s view of freight transportation is similar. The Bureau of Transportation Statistics reported that, “Freightshipped across the U.S. With so much money moving across the country and globe, supply chain professionals must prioritize a proficient freight invoice and payment processing system. .
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. and Russia. Primary import partners include China, Germany, Belgium, the U.S.,
As many of you have experienced firsthand, there are several factors influencing shipping today—most are adding challenges to an already constrained market. Second, international cargo is multimodal dependent and the ability to maintain visibility across multiple bills of lading (BOLs) remains a challenge. How is C.H.
Trade basically ceased as ports closed because of western- imposed economic sanctions on Russia. Cargo planes could not fly out of or into Russia or Ukraine. Likewise, ships could not sail into or out of Russia and Ukraine. That exacerbated food shortages with Russia and Ukraine among the top five grain exporters.
Ship Smarter: How to Avoid Bottlenecks in Your Global Operations. You can’t just turn around a giant cargoship. And when shipping to volatile countries, it becomes even harder. And when shipping to volatile countries, it becomes even harder. Once cargo has shipped, there are no “backsies.”
On June 29, FedEx revealed “Network 2.0”, a new long-term strategy focused on collaborating with FedEx’s three previously separate entities: FedEx Express, FedEx Freight, and FedEx Ground. The Russia–Ukraine war and other 2022 supply chain disruptions have led to a completely different food environment from pre-pandemic life.
Peak season for ocean freightshipping is underway. Here’s an easy way to think about the regular and potential future disruptors that could impact your ocean shipping strategy, and what you can do to prepare for what comes next. At these times of the year, you should see less risk to your standard ocean shipping strategy.
The Wall Street Journal reported this week (Paid subscription or metered view) that ocean container freight rates related to the most active global shipping lanes continue to decline amid what is traditionally considered the peak shipping period leading up to the holiday fulfillment season in the November-December period.
According to FreightWaves, the FreightTech 100 2023 is “[…] a selection of the most innovative companies in the freight technology space.” Freight Rail and Union Members Reach Tentative Agreement. Air Cargo Volumes Normalizing YoY, but Concerns Remain. UPS Sets High Bar for Peak Season Hiring Goals.
As reported by OSW studies , China determined that rail service between western China, Kazakhstan, Russia, and Europe would best serve the unique needs of these manufacturers. Are you looking to decrease air freight costs? Rail freight is an environmentally friendly way to move goods. Do you need coverage far from sea ports?
In mid-July, The Wall Street Journal reported, “ The worst oil-supply crisis in decades is showing tentative signs of easing as flagging economic growth weighs on demand for crude while sanctions on Russia are having less impact on oil production than expected.” UPS Healthcare Gets an Upgrade. Dallas; Austin, Texas; San Jose, Calif.;
freight railroads have reported strong profits in recent years, helped by higher prices and steady business in transporting everything from automobiles to fertilizer. Export demand for coal and grain, stemming from disruptions in supply chains in Europe after Russia invaded Ukraine, bolstered freight volumes this year, railroads said.
Autonomous cargoship completes 500-mile voyage. In our last piece of autonomous vehicle news, the “world’s first” autonomous commercial cargoship has successfully completed a near-500-mile voyage in the congested waters of Tokyo Bay, traveling without human intervention for 99 percent of the trip.
Russia-Ukraine war is worsening shipping snarls. Biden announces US will move to revoke Russia’s “most favored nation” trade status. The ongoing Russia – Ukraine war continues to disrupt global supply chains. This has created a heavy buildup of ships waiting to get through the Kerch strait.
The Air Freight Market with Eric Kulisch . Eric Kulisch and Joe Lynch discuss the air freight market. Eric is the Air Cargo Editor at FreightWaves, the leading FreightIntel provider, offering current digital intelligence and context to the freight community on a central platform. Key Takeaways: The Air Freight Market.
Understand how the recent Red Sea ship attacks are impacting global supply chains and how to mitigate potential risks. Ships are avoiding Egypt’s Suez Canal, the shortest maritime route from Europe to Asia and one of the world’s most important waterways, which accounts for about 12% of the world’s shipping traffic.
China tensions continuing to escalate and Russia at loggerheads with NATO and the West in general, President Yoon’s logical and impassioned hopes for a future of international harmony could be a long way from realisation. Pilot Freight Services’ purchase of LTL company American Linehaul Corp. But with U.S./China and RDI Last Mile Co.
The Index, in its ninth year, ranks 50 emerging markets countries by factors that make them attractive to logistics providers, freight forwarders, shipping lines, air cargo carriers and distributors. Russia climbs three spots to No. In the 50 country rankings, Brazil slips two spots to No. 9, falling below No.
On top of the sanctions being announced by the Biden administration today on Russia, there are a lot of other crazy things going on in the logistics and supply chain sector, that are really driving the markets nuts… and people as well! Freight demand and rates are escalating. Here’s a few reasons why.
What a whirlwind the 2022 Freight Market was – we saw inflation, fuel prices, and freight rates hit record highs. American businesses depend on Russia and Ukraine for a plethora of commodities. Freight Market . Ocean shipping rates have cooled from record highs hit during the pandemic. Economic Factors .
For comparison, this makes the country about half the size of Russia or South America, and more than twice the size of the European Union. has 5,054 airports, most of which have paved runways long enough to handle large jets and cargo planes. Annual freight traffic equaled about 37.22 Cargo transportation in the U.S.
Passages, capes, and straits are defined as geographical areas through which international shipping routes must transit. Chokepoints commonly have shallow, constricting depths, which hinder navigation and place restrictions on ship capacity. Potential for closure or interruption. It is approximately 190 kilometers long.
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. Ukraine in the news: War in Ukraine disrupts ships around the globe. And now on to this week’s logistics news.
In the normal day to day business of freight transportation, there are several modes of transport such as road, rail, air, and sea. Road transport is the most commonly used mode of transport for the movement of goods connecting customers to cargo and vice versa. Freight can be delivered quickly as per a set schedule.
Global Cargo Monitoring / Cargo Tracking. Beijing-Hamburg freight service completes maiden journey. The companys logistics chief, Norbert Bensel, said the inaugural journey on the new rail route had delivered its cargo in roughly half the time it would have taken to arrive in the northern German port city by sea.
As many of you may be aware, freightshipping, international shipping and also aviation are not included in the COP21 agreement. The shipping industry is currently a vast producer of nitrous oxides and sulfate oxides, produce about 15% of the total nitrous oxides emissions in the world.
We organize all of the trending information in your field so you don't have to. Join 102,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content