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The intricate networks of shipping routes, ports, and inland terminals have strengthened the interconnectedness of the world economy, and maritime shipping is the critical mode of globaltransport. The Suez Canal, for example, is crucial for energy and cargo shipments moving between Asia and Europe.
In this special edition of our SupplyChain Matters This Week in SupplyChain Tech column, we highlight two noteworthy investments. One is a rather significant acquisition announcement that has the potential to change the globaltransportation and logistics landscape. are reportedly part of this investment.
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.
Global Trade Authority Rob Garrison, CEO and Co-Founder of Mercado Labs, shares insights from over 30 years of supplychain experience working with a variety of Fortune 500 companies. Here, he explains what caused current globalsupplychain disruptions, and shares the five steps needed to overcome today’s supplychain issues.
Ongoing attacks on vessels in the Red Sea by Yemen’s Houthis continue to disrupt shipping lanes in the chemical industry’s supplychain, according to Al Greenwood, chemicals expert and deputy editor at ICIS. The Houthis are creating significant supplychain disruptions for chemical companies and governments.
Similarly, air cargo has been a viable mode of globaltransportation and has contributed to expanding markets for many shippers. December 17 th marks 112 years since the first airplane took flight 1. Since then, air has been an essential vessel for people and goods to travel the globe. READ MORE.
Globalsupplychains tie the planet together, providing goods to consumers, jobs to workers, and dividends to shareholders. And this global trip isn’t just for sightseeing – leading companies find that a diversified sourcing base and far-flung manufacturing can help cut production costs, increasing the bottom line.
The SupplyChain Matters blog highlights an added dimension to our monthly summary of globalsupplychain activity trending and implications. In a prior published commentary, we provided highlights of March and Q1-2022 global production indices along with their implications. All rights reserved.
Resilinc’s supplychain disruption data for Q1 2023 is here — while overall disruptions are leveling off, there are some new risk types experiencing major shifts. To stay ahead of potential risks for your supplychain, read on to see the numbers and learn why these disruptions are happening.
If you’d asked me what I know about global forwarding when I joined the industry two years ago, I would have looked at you quizzically and said, “Global forwarding? I’ve learned to see just how crucial globalsupplychains are to our everyday lives. The post Global Forwarding: Think You Know the Facts?
Omnichannel business models often lead to more complicated globalsupplychains. With the main focus on maximizing time and cost efficiencies, cargo risk management is often skipped over despite being a critical step in protecting your company. . The risk of delays and lost cargo are real.
As these rounds of regulations have unfolded over the last few months, shippers have been left trying to understand what products have been included in the first two waves of tariffed goods and what these changes mean for their supplychains. Cargo containers. Affected goods include: Plastics/plastic products. Optical fibers.
The globaltransportation system in 2021 is experiencing a unique and unexpected crisis. The lack of available containers has an accumulating effect across supplychains, fundamentally disrupting international trade. Last year, China already announced that it was taking steps to increase the supply of containers.
In this February 10, 2023 edition of SupplyChain Matters This Week in SupplyChain Tech we highlight news related to Shopify and Flexport , as well as Frieghtos , each in the transportation and logistics visibility tech segment. This concludes our February 10, 2023 Edition of This Week in SupplyChain Tech.
Demands on the transportation teams are growing as political posturing ramps up causing rapid disruption to globalsupplychains. A global TMS solution provides an automated and systemic way of addressing the challenges that are the reality for most organizations that source globally. Execution Control.
I said that the next phase in this evolution would be to expand the scope of the TMC from a largely domestic view to the complexity of globaltransportation operations. I will pick up that thread here. Planners must be able to re-plan subsequent legs to satisfy priorities and service commitments.
Following the fruitful discussions in 2015, SMi’s annual Cold Chain Distribution conference will bring back lively debates and industry updates to London, offering the best platform for delegates to stay ahead of this lucrative market! Supported by SupplyChain Media. Andrea Gruber, Senior Manager, Special Cargo, IATA.
Cargo will continue to move and operations will carry on at the port until an agreement can be reached through these disruptions. Supplychains can face a variety of disruptions—from port strikes to harsh weather —that make it increasingly important to work closely with your provider. This post is credited to Sri Laxmana.
What’s probably the number one reason shippers avoid transporting their cargo by air? Air freight is often more expensive than any other mode of transportation. When considering the cost of a modal shift to air cargo, keep in mind that the freight cost is only one component of the equation. You guessed it: Cost.
The SupplyChain Matters blog highlights February global manufacturing and supplychain indices and challenges relative to product demand and supply network imbalance levels in the first quarter of 2022. GlobalSupplyChain Pressures Index. Federal Bank of New York.
The Ferrari Consulting and Research Group through its affiliate the SupplyChain Matters blog shares select individual prediction snapshots that are included in our annual 2023 predictions for industry and globalsupplychains research advisory. Background.
These vehicles are particularly susceptible to rollovers due to the high center of gravity and the sloshing and surging of cargo, requiring tanker-endorsement holders to exhibit advanced operational and safety skills. This shortage has put immense pressure on the existing workforce and strained the supplychains across the country.
There have been numerous articles published on this topic in various trade journals showing how almost everyone in the supplychain is being impacted by this congestion. Robinson and other Beneficial Cargo Owners (BCOs) participated to ensure that customers’ voices are heard. GlobalTransportationSupplyChain'
Supplychains can face disruption from man-made events, as well as natural disasters. Montreal uses both the CN and Canadian Pacific Railroad (CP) and is a better, more viable option for Inland Port Intermodal (IPI) cargo. GlobalTransportationSupplyChainGlobal Shipping ILWU PMA Port Strike SupplyChains'
How General Average Could Ruin Your Ocean Cargo Deliveries | Transportfolio. Start by building your knowledge of how general average works, how it can impact your shipments if general average is declared, and how marine cargo insurance can help you sleep like a baby at night. Ship owners have a lien on the ship’s cargo.
From monitoring carrier capacity and driver shortages to tracking diesel pricing, staying current on the events in transportation means you will be better equipped to make knowledgeable business decisions and drive growth and efficiency into your supplychain. Carrier Capacity. Leave your suggestions in the comment section.
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. XPO Logistics XPO Logistics is a transportation and contract logistics management company with more than 1,530 locations in more than 30 countries around the world.
However, that may not be the case when shipping your cargo. In the right circumstances, air charter service can be a fast, flexible option that connects your supplychain to the capacity you need. When it comes to quickly getting what you want, when you want it, there is no service better than air charter for your cargo.
From monitoring carrier capacity and driver shortages to tracking diesel pricing and government regulations, staying current on the events in transportation means you will be better equipped to make knowledgeable business decisions and drive growth and efficiency into your supplychain. Large Scale Market Indicators.
From monitoring driver shortages to tracking diesel pricing, staying current on the events in transportation means you will be better equipped to make knowledgeable business decisions and drive growth and efficiency into your supplychain. The post Market Update: Transportation Industry News appeared first on Transportfolio.
The SupplyChain Matters blog provides highlights of an announced tentative labor contract agreement between UPS and the Teamsters union, along with some implications. Tentative Deal Reached This morning, industry supplychain teams across the U.S. All rights reserved.
Since the protests began, over 1,000 trains have been cancelled, train stations and cargo trains have been burned, and other public properties have been damaged. The post Unrest in India and the Impact on GlobalSupplyChains appeared first on Transportfolio. Robinson representative.
The following seven stories will recap business moves, innovative ideas, and industry insight to guide supplychain professionals into the launch of the next quarter. SupplyChain Dive reported that the company’s buying binge has not been exclusive to the U.S., UPS Launches “E-Quad” Trial In Congested Cities.
SupplyChain Matters highlights a significant joint announcement from global shipping lines Maersk and MSC that should garner the interest to supplychain management transportation and logistics management teams. In our recently published 2023 Predictions for Industry and GlobalSupplyChains.
Ikea’s Singapore operations called it a “globaltransport crisis” and estimates 850 of its 8,500 products are affected by shipment delays. Chinese tech giant Alibaba’s logistic arm Cainiao launched a container booking service last week in response to the global shortage. For the route from Asia to the West Coast of the U.S.,
It’s not too late to get your product to store shelves in time for Black Friday, thanks to the swift performance of air cargo service. With significantly shorter lead times than other modes, air cargo can get your product to market in as little as a day. Understand the metrics of air cargo: time and money.
Want a quick “win” in global forwarding costs? Look at ocean cargo consolidation (less than container load, or LCL). The process of cargo consolidation results in better freight rates for you, and better cargo security measures. Do you have global coverage and LCL capabilities to provide flexibility?
Too often – make that almost always – importers and exporters (BCOs – Benefiticcial Cargo Owners) are dependent on their NVOCC, Freight Forwarder or 3PL (3PL) to provide them with visibility into their globalsupplychains. When we talk about globalsupplychain visibility we are referring to: .
SupplyChain Matters once again highlights some positive news for globalsupplychain management teams, specifically transportation and logistics related teams. Our research arm recently pointed out this transportation trending in a mid-year assessment commentary. Added Perspectives. Bob Ferrari.
So you’ve decided to invest in a globaltransportation management system (TMS). It’s a question that more companies are asking as supplychains continue to expand globally. You simply can’t afford to have a fragmented view of the supplychain when managing the complexities of international cargo movements.
SupplyChain Matters highlights for readers indications that ocean container shipping spot rates involving routings from China and Asian ports to the U.S. Outlook for the Remainder of Year We especially call our readers’ attention to today’s published report by the global business broadcasting network CNBC. are exploding.
4 Key Takeaways from the GlobalSupplyChain Summit.Transportfolio. at the 4th Annual GlobalSupplyChain Summit , hosted by the U.S. Customs Compliance Your Guide to “reasonable care ,” Global Forwarding: Biggest Fastest Savings , and Optimizing Your SupplyChain with Air Cargo.
When the expanded Panama Canal opened this June, a new set of routes became available for shippers and beneficial cargo owners (BCOs). Cargo can enter the country via East coast or West coast ports depending on variables such as the type of product being shipped. Is your supplychain make-to-order, make-to-stock, or both?
Three Questions: Your Key to Saving in Global Forwarding | Transportfolio. Want a quick “win” in global forwarding costs? Look at ocean cargo consolidation (less than container load, or LCL). The process of cargo consolidation results in better freight rates for you, and better cargo security measures.
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