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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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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. While high, the shipping costs typically paled in comparison to the lost sales due to inventory shortages.

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Navigating Uncharted Waters: SMB Importers, 2024 and Red Sea Crisis Lessons

Freightos

It converged with a trend of both airlines and ocean liners investing far more heavily in their fleets over the past fewyears. 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. The regression in pricing wasn’t just due to lower demand.

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October 25, 2023 Update

Freightos

More Resources Home October 25, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. Judah Levine October 25, 2023 Unbox your Freight knowledge.

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Supply Chain Technology Trends to Watch Out For

AFFLINK

What are the current supply chain technology trends? Many of these trends are evolutions of trends we saw developing through 2018, and as they build momentum, they become notably disruptive. With unique identifiers, shipments and cargo can be tracked on a transactional level. 5G and IoT. Robotic Process Automation.

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COVID’s Supply Chain Ripples: the SME Business Perspective

Freightos

You can hear the full interview with Conor in our podcast series, Ship Happens. . Between September 2019 and September 2021, the cost of shipping a 40’ container from China to the US West Coast had increased from $1,500 to $20,586. Today, in Q4 of 2022, supply chain issues stemming from COVID-related shipping challenges have eased.

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The Approach to Effective Freight Procurement

The Logistics & Supply Chain Management Society

The Approach to Effective Freight Procurement by LSCMS Shippers’ Council Container shipping procurement faces a multitude of challenges shaped by global events, industry shifts, environmental mandates, and technological advancements. It serves as the compass guiding shippers toward efficient, economical, and dependable cargo transport.