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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. The cost of importing a 40’ container from China to the United States West Coast grew 1,000% from $1,800 in 2019 to over $20,000 in September 2021 according to our Freightos Baltic Index (FBX).

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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. As Industry 4.0 Here are some important technologies for the digitization of the supply chain. Internet of Things (IoT).

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Revolutionizing Freight Forwarding Using Tech with Lionel van der Walt

The Logistics of Logistics

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.

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COP26: 5Zs that changed the world

The Logistics & Supply Chain Management Society

came from trucks carrying cargo. 15 countries, Austria, Canada, Chile, Denmark, Finland, Luxembourg, The Netherlands, New Zealand, Norway, Scotland, Switzerland, Turkey, the United Kingdom, Uruguay and Wales declared that they will collaborate towards realizing 100 percent zero emission new trucks and bus sales by 2040.

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This Week in Logistics News (May 14 – 20)

Logistics Viewpoints

Autonomous cargo ship completes 500-mile voyage. According to CEO Alex Rodrigues, Embark has a unique alternative to maps that they call ‘vision map fusion, and it worked very well in the vast majority of the winter conditions that you would expect in the northern United States.

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Why Tech Giants Are Focusing on Trucks, Drones and Ships

Freightos

Why Tech Giants Are Focusing on Trucks and Ships. Ecommerce sales have grown wildly over the past two decades, reaching nearly $2 trillion dollars annually (that’s more than the United States’ annual exports). to ship a 5 lb package the full distance from Shenzhen to Los Angeles. billion on shipping in Q3 2016.

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This Week in Logistics News (February 11 – 17)

Logistics Viewpoints

From January 28 to February 4, a Chinese-operated high-altitude balloon was seen in North American airspace, including Alaska, western Canada, and the contiguous United States. The average contract cost of shipping a container from China to the U.S. The port moved 573,772 twenty-foot equivalent units in January.