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If your business ships freight , you never want to hear the words "cargo" and "theft" in the same sentence. Cargo theft is a hot topic and major concern in the logistics industry and has been on the rise in recent years. 1 Incidents of cargo theft don't just cost you time and money. What are the most common types of cargo theft?
Lufthansa Cargo has finalized the implementation of its production planning and control (PPC) transformation project. The new production planning system assists the planners in scheduling the break-down of incoming cargo and the build-up of outgoing freight for onward transport by truck or flight.
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.
An interest group of the Singapore-based Logistics & Supply Chain Management Society (LSCMS), the Shippers Council is a professional association that counts members from organizations with a vested interest in logistics, including end users, technology and service providers, government and academia.
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. Almost half said they had experienced theft or fraud, and.
In air cargo, the plaintiff in a US court case challenging the White House’s suspension of de minimis eligibility for China – set to conclude in July – requested to expedite the trial after the court rejected a DOJ request to suspend the trial while other legal challenges to tariffs are pending.
Pledge) , including its global supply chain sustainability solution for beneficial cargo owners (BCOs), enterprise supply chain leaders and logistics service providers (LSPs). blueyonder.com Blue Yonder is a trademark or registered trademark of Blue Yonder Group, Inc.
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.
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.
This group now includes luxury brands globally, offering enhanced utility, transparency, and traceability. Luxury Goods & Anti-Counterfeiting: NFT-Based Tokenization & Zero-Knowledge Proofs The luxury sector has adopted blockchain to fight counterfeiting.In
This major gaming hardware heist highlights the vulnerability of high-value cargo. Rising Cargo Theft Cargo theft surged 27% in 2024, with 3,625 incidents averaging $202,364, per Verisk CargoNet. Cargo and Value The stolen cargo comprised 2,810 Nintendo Switch 2 consoles, each worth $499, totaling $1.4
But the discussion quickly turned to exploring why – given the marked shift to eBookings in air cargo – does the prevalence of eBookings in ocean logistics still lag so far behind? Ultimately, the panelists were in agreement that, as in air cargo, the availability of eBooking is not likely to eliminate the role of freight forwarders.
Air cargo for example, though continuing to make digital strides, is still behind – and is often compared to – passenger travel where digitized capacity, pricing and online bookings have been around for decades and is in some ways the digitalization template air cargo is referencing.
To mitigate the impact of ocean logistics disruptions, many businesses (42%) have shifted some of their goods to air cargo. Consider expediting some volumes using Less than Container Load (LCL) ocean shipping or air cargo to fill possible short term inventory gaps.
As my colleague Colin Masson pointed out – Colin is ARC Advisory Groups expert on industrial use cases for AI – at ARCs Industry Leadership Forum in 2024, end users were largely observers who were eager to learn about things like Gen AI, agents, and industrial use cases for using AI. We are descending the AI hype curve.
Alaskan Airlines Adapts its Cargo Division Following Its Recent Acquisition Alaska Airlines has announced key leadership changes in its cargo division following the acquisition of Hawaiian Airlines, positioning itself for growth in international cargo operations and expanded services for Amazon.
In air cargo, Freightos Air Index data show China – N. Freight news travels faster than cargo Get industry-leading insights in your inbox. Subscribe Now Judah Levine Head of Research, Freightos Group Judah is an experienced market research manager, using data-driven analytics to deliver market-based insights.
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. Almost half said they had experienced theft or fraud in.
In air cargo, more forwarders are reporting signs of life for ex-Asia volumes, which is a good omen for hopes of an air peak this year. Freight news travels faster than cargo Get industry-leading insights in your inbox. Freight news travels faster than cargo Get industry-leading insights in your inbox. Europe rates of $3.70/kg
In 2001, Mr. Bell joined Cargo Transportation Services, Inc., where he served as CEO until 2011 when Cargo was bought by Smith Transportation Services, Inc. About Lean Solutions Group . Lean Solutions Group (LSG) is a nearshore and offshore service provider that focuses on expanding and enhancing its client businesses.
In air cargo, Freightos Air Index rates from China to the US slid 12% in the last few weeks. Freight news travels faster than cargo Get industry-leading insights in your inbox. Though this decrease may reflect some easing of demand in the typical summer lull, at $4.90/kg America to $2.57/kg kg and 20% to $1.56/kg
As part of the CMA CGM Group, CEVA Logistics has a global reach, which means that we can make a global difference. Photo Credit: Changi Airport Group. We are honored to partner with Changi Airport Group in this humanitarian effort for our friends in Indonesia.’’. The CMA CGM Group aims to achieve carbon neutrality by 2050.
Meanwhile, massive passenger airline restrictions dramatically reduced air cargo capacity, sending rates through the roof. Which is where the Freightos Group comes in. So when we got to thinking about how the Freightos Group can uphold our mission to make global trade frictionless during the pandemic, the answer was obvious.
Global logistics and parcel powerhouse DHL Group will invest more than $571 million on infrastructure, vehicles and product offerings in Gulf Arab states through 2030 , pushing for more business in a region experiencing significant trade growth, the company announced Wednesday. In April, DHL Group said it planned to invest $2.2
Brian is the Founder of Port X Logistics , a transportation company that specializes in expediting containerized cargo throughout the U.S. About Brian Kempisty Brian Kempisty is the Founder of Port X Logistics, a transportation company that specializes in expediting containerized cargo throughout the U.S. and Canada. and Canada.
Eytan Buchman CMO, Freightos Group Eytan Buchman loves freight so much he shouts out container sizes while he walks around. He’s obsessed with marketing, data storytelling (it’s a thing!) and bakes really good cookies.
Breakbulk Americas , is the region’s largest trade event for the project cargo and breakbulk industry. In the podcast interview, Joe and Jeff discuss Tucker Company Worldwide and the Breakbulk Americas conference, the region’s largest trade event for the project cargo and breakbulk industry professionals.
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. . Today, 75 to 80% of cargo arrives on time.
In air cargo, Air Canada is bracing for disruptions from a possible pilot strike next week. Freight news travels faster than cargo Get industry-leading insights in your inbox. America and Europe were $5.82/kg kg and $3.45/kg kg last week, respectively, which are levels typically reserved for peak season.
May air cargo volumes rise amid global disruption Freight market pressured again in May, Cass data shows General Motors (GM) is accelerating sustainability efforts in its supply chain, focusing on logistics, materials, packaging, and supplier engagement. May air cargo volumes continue to rise amid global disruptions. percent in Q1.
In air cargo, the seasonal lull combined with overall low demand is pushing volumes below pre-pandemic levels at some of Europe’s major hubs , though some in the industry are hopeful that electronics product launches set to begin soon could drive some peak season rebound in the coming months nonetheless.
The Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG) reported stellar results once again last Wednesday (December 1st). When there’s more demand than supply, prices go up, as we saw in previous months with record -high prices for ocean and air cargo moves. Ed Ryan, CEO of Descartes.
After 10+ years of writing the weekly news roundup, as well as a bi-weekly column for Logistics Viewpoints, today is my last day at ARC Advisory Group. Cargo imported into the U.S. And for me, that day is today. are then directly transported to a Walmart fulfillment center. and Mexico, according to the notice.
Anti-narcotics investigators have uncovered substantial amounts of the disguised drugs in the past two years as smugglers go to ever-more elaborate lengths to get illicit cargoes on board ships. The majority of the volume will fit within UPS’ existing U.S. daytime flight operations, EVP and CFO Brian Newman said.
In our digital era, cyber threats like ransomware from organized, state-sponsored groups pose significant risks to global supply chains. The rise of cargo theft through cybersecurity loopholes demands robust countermeasures like two-factor authentication and restricted access controls.
When terminals cannot move cargo, the costs can escalate quickly. A huge range of connected assets now exists, from cargo movement systems found in cranes to intelligent pumps, positioning, navigation, and timing systems (PNT), and vessels. ARC Advisory Group clients can view the complete report at ARC Client Portal.
Automation, cargo tracking, robotics, and remote fleet management are all examples of how IoT can be used to harness organizational data and gain insights into key processes. DB Schenker is leveraging sensor data from cargo in transit to monitor and control high-value shipments or sensitive shipments, such as with cold chain logistics.
AME Group Leading the Way. Trane Technologies is addressing climate change by improving the way the world heats and cools indoor environments, as well as how refrigerated cargo is transported. Trane Technologies is a global climate innovator. Our world is dealing with unprecedented challenges.
Brian is the Founder of Port X Logistics , a transportation company that specializes in expediting containerized cargo throughout the U.S. About Brian Kempisty Brian Kempisty is the Founder of Port X Logistics, a transportation company that specializes in expediting containerized cargo throughout the U.S. and Canada. and Canada.
Air cargo has rebounded with the capacity crunch. Air cargo is easier for predictive ETAs based on the network and speed of transportation when compared to ocean cargo. The vehicles move in a group or platoon with the trucks driven by smart technology and communicating with one another.
– Paolo Galli, VP Group Logistics Operations at Electrolux. Similarly, our Freightos Air Index (FAX) offers the same level of insight for air cargo rates. Unlock Freightos Enterprise Ian Arroyo Chief Strategy Officer, Freightos Group Ian is a passionate entrepreneur, strategy geek, and people builder.
and raided the Beijing offices of Mintz Group, a due-diligence firm based in New York. whose top stakeholder is Daimler Truck, and Hino Motors, the truck maker in the Toyota group, will merge. manufacturers re-evaluating their reliance on China. The government has also barred major Chinese firms from buying products made by U.S.
He began his career in the South African Air Force and later spent more than a decade with the International Air Transport Association (IATA), where he held various leadership positions in South Africa, Spain, and the United States, including President of Cargo Network Services Corp., cargo subsidiary. IATA’s U.S.
That is what we call our Thule cargo box that we put on top of our car. We only use it when we go on vacation, like last week when we went to our son’s college graduation and needed it to move his stuff back home. I almost killed Jonah a few years ago.
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