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This Week in Logistics News (January 20 – 26)

Logistics Viewpoints

The Amazon Industrial Innovation Fund, which launched in April 2022, is still intent on finding and investing in startups that can help the e-commerce giant deliver goods faster, while improving the experience of customers as well as the employees who work in its warehouses and logistics departments. And now on to this week’s logistics news.

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Air Cargo is Gaining Momentum in 2023

American Global Logistics

As we navigate the third quarter of 2023, it's time to examine air cargo's role in global commerce. Air cargo is now essential for global supply chains and offers many benefits for businesses worldwide. Air cargo refers to the transportation of goods via an air carrier, which may be charter or commercial.

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Containerized shipping joins modern financial world with CME futures

Freightos

While this may have been innovative in the 70s, futures are now a central part of how multinationals plan to minimize the risk of price volatility. Conversely in 2021 when rates were sky high, suddenly companies that had negotiated fixed rates couldn’t get their cargo on the ship without paying an extra premium surcharge.

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Shipping Containers and Supply Chain Snarls: Is There a Way Out?

Enterra Insights

Much of the finger-pointing involved the movement of shipping containers into and out of port facilities. For the supply chain to work smoothly, a complex and highly choreographed dance, involving both full and empty shipping containers, must be performed. It used to take two days to get cargo off the docks. Now, it takes nine.

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Importance of Digitalisation to Improve Supply Chains: Helping Businesses Navigate Through Supply Chain Disruptions

The Logistics & Supply Chain Management Society

Applying innovation to supply chains, combines innovative technologies like the Internet of Things (IoT), analytics, and robotics to supply chain management to improve performance and meet customer demands. One solution to this problem is centralized distribution and real-time inventory management. As Industry 4.0

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Supply Chain Sustainability Gathers Steam

Logistics Viewpoints

These companies are fueled by creating innovative solutions that allow stakeholders to weigh the carbon emissions of transportation modes against service and cost. In many organizations, freight shipping has become static: companies use air cargo because that’s what they’ve always done.

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Creating a Green Marine Supply Chain

Logistics Viewpoints

Ships also account for around 3% of worldwide greenhouse gas emissions [2] , contributing to the acceleration of climate change. It is the IMO’s strictest environmental regulation to date and ushered shipping and terminal sectors in a new era to transform the way marine supply chains operate. Cargo transfer requirements.