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Home Introducing Freightos Enterprise: End-to-End Procurement, Benchmarking, and Management Freightos Enterprise unifies market intelligence, tender management, and shipment operations into one solution, enhancing logistics efficiency for large import-export businesses.
Home Introducing Freightos Enterprise: End-to-End Procurement, Benchmarking, and Management Freightos Enterprise unifies market intelligence, tender management, and shipment operations into one solution, enhancing logistics efficiency for large import-export businesses.
And now on to this week’s logistics news. 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. percent, which is up from 5.7
Home No More Black Swans: The Age of Supply Chain Uncertainty Freightos Enterprise unifies market intelligence, tender management, and shipment operations into one solution, enhancing logistics efficiency for large import-export businesses. What’s become increasingly clear is that there are no more black swans in global logistics.
And now on to this week’s logistics news. FedEx plans to test autonomous drone cargo delivery with Elroy Air. Air Canada wants more cargo jets 3 months after launching service. FedEx also plans to test autonomous drone cargo delivery, partnering with Elroy Air. Amazon workers in Staten Island vote to unionize.
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.
FDAs Drug Supply Chain Security Act (DSCSA) and global standards like ISO 20400 for sustainable procurement are driving companies to adopt blockchain for improved compliance and accountability. The post Unmasking the Supply Chain: How Blockchain Brings Transparency and Trust appeared first on Logistics Viewpoints.
More Resources Home Is AI Hype or a Truly Revolutionary Technology Set to Transform Logistics? (AI As someone passionate about efficiency and technology in logistics, but not an expert in AI, I was initially very excited about AI’s potential. In logistics, the cost of an error or exception is always where problems start to balloon.
These podcasts bring the latest news and thought leadership in the supply chain and logistics industries right to your earbuds. If you’re looking to increase your podcast listening , here are five that highlight topics of interest to supply chain and logistics professionals. 5 supply chain and logistics podcasts.
Crossing one million bookings annually in 2023, we’ve made significant headway in digitizing spot freight pricing and bookings, especially in air cargo. Together, we can offer a complete solution that covers the digital procurement of both spot and contract freight services, across air, ocean, road, and rail.
Home Introducing Freightos Enterprise: End-to-End Procurement, Benchmarking, and Management Freightos Enterprise unifies market intelligence, tender management, and shipment operations into one solution, enhancing logistics efficiency for large import-export businesses.
LogisticsProcurement – Performance Management by LSCMS Shippers’ Council Shortly after the outset of COVID, in early 2020, supply chains have been disrupted across the globe. Freight procurement is the mainstay of any supply chain professional but price is not the be-all and end-all.
Jeff was recently appointed chairman of the Transportation & Logistics Steering Committee for BSMA. Jeff’s commentaries have appeared on CNBC and in The Wall Street Journal, Journal of Commerce, Logistics Management, Transport Topics, Defense Transportation Journal, and many others. About Tucker Company Worldwide .
Well, there are a number of different types of supply chain fraud that impact global supply chains, from the procurement of materials to the end delivery of a product. When we think of fraud in the supply chains, often we think about organized cargo theft. These include: The Procurement bidding process and business awards.
The Emergence of Logistics as Constraint. Initially, the output was published to procurement to design strategic buying strategies. Procurement became an island–isolated from the demand signal except for MRP. Procurement became an island–isolated from the demand signal except for MRP. Over time, this changed.
Judah Levine November 21, 2023 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) decreased 8% to $1,573/FEU. In air cargo, Freightos Air Index data show China – N.
But what is even more complicated is freight billing and handling freight payments: what a cargo owner is initially quoted is often different from what he later is asked to pay. Billing inaccuracy and payment challenges are massive problems in the logistics industry. A 2021 Cargo Owners and freight forwarders survey, confirms this.
Logistics tech in 2022 has been unavoidably shaped by the two years that preceded it. So without further ado, here’s your: Key Reads Logistics Tech Research and Updates for 2022. In this webinar, Robert Khachatryan, CEO of Freight Right Global Logistics, shares his take on how forwarders can thrive. The Weekly Freight Update.
The rate of tech adoption in logistics continues to grow. These and many other needed standards would make it much easier for logistics players to share information, provide and receive services, or collaborate. Blog " * " indicates required fields Email * Name This field is for validation purposes and should be left unchanged.
In other words, last month’s announcement was a stay of execution, not a reprieve, and it’s only a matter of time before Amazon reveal plans for a comprehensive logistics network. Amazon is at the nexus of ecommerce, data, and logistics, with a drive to constantly improve their logistics network. Amazon’s logistics hiring plans.
As part of the CMA CGM Group, CEVA Logistics has a global reach, which means that we can make a global difference. The logistics business, is predominantly a network business driven by our employees. Keeping that in mind, CEVA Logistics aspires to ensure the protection and professional development of our employees.
Logistics professionals require exemplary international online logistics tools to help them carry out their daily businesses with ease and deliver the best for their customers. Mobile phones can offer incredible services in any business from inventory tracking and shipments to the execution of procurement transactions.
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. At the heart of it all, an effective procurement strategy remains paramount.
A significant majority – 70% – reported a return to normalcy in logistics operations, with 40% experiencing conditions that were even better than those they experienced pre-pandemic. The decrease in logistics costs led 35% of importers to lower their product prices, possibly contributing to the easing of inflation rates.
More Resources Home Is AI Hype or a Truly Revolutionary Technology Set to Transform Logistics? (AI As someone passionate about efficiency and technology in logistics, but not an expert in AI, I was initially very excited about AI’s potential. In logistics, the cost of an error or exception is always where problems start to balloon.
For months, retailers have been stockpiling massive amounts of goods to meet surging consumer demand, and compensate for ongoing supply and logistics issues. Just last year many were chartering their own cargo ships to get all these goods to their destinations.) All aboard. International suppliers, we are talking to you.)
Wood pallets used for export shipments also contain an unhealthy level of formaldehyde due to fumigation, posing an unnecessary health risk for cargo handlers. We can demonstrate how companies can “go green” and clean up their supply chains by adopting cargo moving equipment that is environmentally friendly, recyclable and, cost efficient.
Mr. Eberle is the vice president of logistics and distribution operations at Molex. Mr. van den Eijnden is the director of global logistics operations planning and systems at Molex. The planners could choose to switch cargo from a slow-moving ship to air, for example. They worked with selected top global logistics partners.
The Experts’ Choice of the Top Online Logistics Resources. So I went straight to the source and asked consultants, trade reporters, Wall Street Journal reporters and others, what their go-to logistics and supply chain sources were. Experts’ Choice: Supply Chain and Logistics Email Newsletters. Ti Logistics Briefing.
Leveraging Your Bargaining Power in Logistics Service Provider Negotiations by LSCMS Shippers’ Council The logistics industry is a complex and constantly evolving ecosystem that plays a vital role in the global economy. Logistics is a derived demand. Build relationships Logistics is still very much a people business.
This effect has been much less apparent for air cargo. The May 2nd suspension of de minimis eligibility for Chinese goods, though, is expected to have a dramatic effect on China – US air cargo volumes and rates. kg last week. Email This field is for validation purposes and should be left unchanged.
While many sectors can already report decreasing greenhouse gas (GHG) emissions, logistics continues to be seen as a hard-to-abate sector given its current growth rates and its persistent dependence on fossil fuels. It comes from the annual customer survey conducted by logistics software company Transporeon.
Home No More Black Swans: The Age of Supply Chain Uncertainty Freightos Enterprise unifies market intelligence, tender management, and shipment operations into one solution, enhancing logistics efficiency for large import-export businesses. What’s become increasingly clear is that there are no more black swans in global logistics.
Menlo Logistics Opening New Multi-client Warehouse in Ladkrabang, Thailand. Kuehne + Nagel inaugurates North America’s regional Integrated Logistics Control Centre in Raleigh, NC, USA. Thirteen Years After 9/11, A New Attempt To Screen 100 Percent of Cargo Containers ( Roll Call ). IAS ChassisManager Facilitates Street-Turns.
Port backlogs, cargo limitations on container ships, and a lack of available equipment and port facility staffing. Increase Stability of Transportation Procurement and Management by Partnering With GlobalTranz. Fewer labor resources are available to meet the rising demand in both the warehouse and in transit.
Entering its eighth year, Multimodal has grown to become the UK and Ireland’s premier freight transport and logistics event. Exhibitors at Multimodal represent every logistics sector – road, rail, aviation, maritime, warehousing, storage services. In 2014, more than 7,000 high-calibre visitors attended. Who attends? Wholesalers.
In this week’s supply chain and logistics news… Amazon in talks to lease 20 jets to launch air-cargo business (The Seattle Times). The UberRush Logistics Layer Has Arrived (TechCrunch). It seems like Amazon was in the news every day this year with some kind of supply chain or logistics development. Baird & Co.
Today about 90% of non-bulk cargo worldwide is transported by a container. Flagship, a European innovation project, will deploy the world’s first commercial cargo transport ship fitted with hydrogen fuel cells. The Green Corridor – Logistics’ Role In Preventing The Next Pandemic. Solving The Cold Chain Challenges.
Practical Applications: Using AI Technologies to Maximize & Compliment Logistics Resources. Hong Kong: Logistics. However, the application of AI technologies to logistics is not limited to resource optimizing and scheduling, Dr Chun said. Thought from The AI Technologies Pioneer.
And with that, here’s the supply chain and logistics news that caught my attention this week: Powerloop, new venture from Uber, offers trailer pooling platform (CCJ). project44 and GateHouse Logistics Announce Exclusive Partnership. Odyssey Logistics & Technology Corporation Announces Intent to Acquire AFF Global Logistics.
Examples of disruptive risks are suppliers going out of business or shipwrecks that result in the loss of cargo containers. Director of Product Segment Marketing at Coupa Software , where he brings products to markets in the areas of Direct Material Procurement and Supply Chain Design and Planning. fall under this category as well.
Material Handling & Logistics ). Material Handling & Logistics ). Retailers like Amazon are chartering private cargo ships, making their own containers, and leasing planes to bypass supply chain disruptions like long wait times for dock space and workers. IATA data shows global demand for air cargo markets jumped 3.7%
Editor’s Note: Almost 14 months ago we wrote one of our most popular posts entitled, “ The History of Supply Chain and Logistics Management ” contained a bit of history, definitions, and a great infographic visually going through the history of supply chain and logistics management. What is a Logistics Framework?
Editor's Note: Today's is blog is from Nicole Lewis who shows us the steps for smarter logistics planning optimization. However, contemporary business affairs feel an increasing need not only in logistics planning optimization but also in it as a whole procedure. Logistics planning optimization, evaluation of results and monitoring.
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