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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. Surely all the technology and guardrails should prevent this type of disaster.

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

Logistics Viewpoints

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. billion worth, the survey found.

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De-Carbonising Road Freight Operations: Bridging the Know-Do Gap

The Logistics & Supply Chain Management Society

For example, Maersk ordered eight 16,000 TEU vessels to be operated on carbon-neutral methanol fuel, while DHL has purchased large amounts of sustainable aviation fuel and ordered 12 all-electric cargo planes. Also in road freight vehicles, battery-electric or hydrogen-powered drivetrains are close to market launch.

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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. This optimism is buoyed by the fact that 55% of importers have their inventories in check, anticipating a stronger freight demand in the coming year.

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

Freightos

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. Including, of course by leveraging global freight tech for BCOs. The Weekly Freight Update. View weekly update.

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What’s going on with global supply chains: A primer for the casual consumer

Freightos

Disclaimer: This article is a zoom out for the less freight-inclined. If you have a deeper understanding of freight, you might want to check out our Freightos Baltic Index daily container index instead. Let’s talk freight. . And it’s not just ocean freight. A third of all cargo is carried in passenger planes.

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