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Middle East Update – Ongoing Monitoring and Operational Adjustments In light of recent developments in the Middle East, Maersk has resumed vessel calls and cargo acceptance to the Port of Haifa following a period of temporary suspension. According to AAPA, air cargo demand in Asia-Pacific rose 4.9% Globally, IATA reported a 5.8%
European truckmakers tackle rare-earths bottleneck with stockpiling, supply chain shifts European truckmaker Volvo Group has been seeking alternative sources of rare earths and Daimler Trucks has been building inventories to deal with supply issues linked to Chinese export curbs, saying lessons had been learned from the chip crisis.
He was a mentor to many and a source of inspiration to all. billion enterprise with the largest air cargo fleet in the world. In 1977, FedEx purchased seven Boeing 727 aircraft, each with a cargo capacity of 40,000 pounds – almost seven times that of the Dassault Falcon. In 1989, FedEx purchased cargo airline Flying Tigers.
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. is one of the industry’s most respected logistics sources. Air Cargo World. This American based niche news site specialises in air cargo.
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. A 2021 Cargo Owners and freight forwarders survey, confirms this. Shipping freight across the world is a complex matter. Lack of trust.
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.
In addition, we have taken several steps in the past few years to affect industry change, such as being an active member of the Clean Cargo Group and joining the Sustainable Air Freight Alliance (SAFA). LogiSYM Supply Chain Magazine – September 2021. Photo Credit: United Airlines. million gallons of SAF this year.
The following is a 5,000 word exploration of Maersk’s strategic shift to end-to-end logistics services, based on open sources. Other sources reported that DB Schenker was not the only forwarder making this shift. Today, 75 to 80% of cargo arrives on time. Driving the Maersk Shift.
Source: Sea-Intelligence Source: Sea-Intelligence The number of blank sailings are at the lowest we have seen since the pandemic started. Although 2023 first half reliability has been improving to around 65%, the lead time variability is still high compared to other modes of transportation, and still below pre-pandemic levels.
For example, Maersk ordered eight 16,000 TEU vessels to be operated on carbon-neutral methanol fuel, while DHL has purchased large amounts of sustainable aviation fuel and ordered 12 all-electric cargo planes. LogiSYM Supply Chain Magazine – September 2021. technologies and practices. Green Skies? IOT for Supply Chain Tracking.
By enabling customer access to supplier information, including sourcing of materials, as well as environmental performance data, all parties in the supply chain, can be made more accountable. Dynamic routing has empowered logistics providers to consider plans B, C and D, offering alternative options of ocean and air freight cargo.
While it’s undeniably important to source products responsibly and produce recyclable or reusable products, companies also need to focus on making the transportation and distribution of products more sustainable. Ensure Your Materials Are Ethically Sourced.
It allows for better tracking of cargo and people in airports, enhanced security, and enhanced safety – just to name a few. These applications translate ultimately to less down time, less distance travelled, less misrouted cargo, less idle time at the airport, and less flight time circling over the airports, waiting in line to land.
Beneficial Cargo Owners) to conduct International Freight in their very-own environment, powered by TRAMES’ technology. Analytics: The ability to harness cargo and freight data can yield significant benefits to any Shipper. A single source of truth, with fair, trusted and a tamper-proof information flow. Karmjit Singh.
– How Logistics is Harnessing the Power of the Sun by Timothy Foote , Founder of Susymbio We all know that our sun’s power is the main energy source for life on Earth. It is not going to be a major source of reduction, but it pays for itself operationally over time regardless. The Green Corridor: Catching the Sun Light!
There are two things Boeing and Airbus have in common, utilization of lean manufacturing system and strategic sourcing concept. However, the overall implementation of strategic sourcing is a bit different between the two companies. Library Prime Storage is the area dedicated for book/magazine.
The survey also confirms that customers exert the highest pressure on carriers to innovate as cargo owners and transport buyers are coming with an increasingly unified voice requesting to open the black box of transports in the interest of everyone. Source: Transporeon road transportation 2021 shipper and carrier survey).
It serves as the compass guiding shippers toward efficient, economical, and dependable cargo transport. This proactive approach not only streamlines the sourcing process but also increases the likelihood of finding the right transportation service providers who can meet specific needs and expectations.
And this global trip isn’t just for sightseeing – leading companies find that a diversified sourcing base and far-flung manufacturing can help cut production costs, increasing the bottom line. No matter how much can be saved from sourcing globally, transportation costs continue to creep in to seriously affect a product’s profit margin.
came from trucks carrying cargo. At the same time the largest container shipping liner, Maersk Line, has ordered eight large ships powered by carbon neutral methanol carrying approximately 16 000 containers each, and made a call for “pit stops” for appropriate infrastructure to source green methanol. Most of this, 45.1
The maritime industry should embrace circular economy principles across the board to capture the full source of GHG emissions reduction potential. Open source is a way to spread the benefits of these technologies. Leverage circular economy principles as a driver for systemic change. Boost global research in maritime decarbonisation.
Coupled with softening customer demand and the return of air-cargo belly capacity, the current airfreight market condition presents a perfect opportunity for shippers to regain, maintain and balance influence and control. They just need to reach out and find new avenues & sources of support. Logistics is a derived demand.
The Shippers Council of the Logistics & Supply Chain Management Society comprises close to 30 of the largest shippers or beneficial cargo owners (BCOs) in the Asia Pacific. Freight procurement is the mainstay of any supply chain professional but price is not the be-all and end-all.
Employ comprehensive solutions that support the entire source-to-settle process and create value for all parties involved in it. Freight/Container Loading: Augmented reality could replace the need for a physical cargo list and load instructions. Start today by re-imagining your supply chain.
History of Alliances in Container Shipping Source: Port Economics, Management and Policy What are Global Shipping Alliances (GSAs) in the shipping industry? Estimated time of arrival (ETA) indicates when the cargo shipped is expected to arrive at its final destination. How alliances in the shipping industry might impact shippers?
The attacks launched by Yemen’s Houthi group on cargo ships in the Bab al Mandeb Strait at the southern end of the Red Sea have caused several major global shipping and oil companies – including Maersk and British Petroleum (BP) – to suspend shipments and halt operations in the area. Energy Information Administration ). Tom notes, “The U.S.
In that spirit, we’ve combed the MH&L archives for the most innovative supply chain developments of the past year, as reported in our print magazine, on our website, in our e-newsletters, or our various social media channels. We hope you enjoy this salute to the best of 2018, and we look forward to even more innovations in 2019.
That said many countries are struggling to accommodate the new sources of power into grids designed for fossil fuel power generation. Hopefully by the end of 2024 there will be a “green lining” somewhere showing innovative new sources for SAF which could quickly start supporting all of the jet engines out there.
Bindiya Vakil ( @BindiyaVakil ), Resilinc CEO, notes, “Supply chain, sourcing and procurement professionals are on the front lines of managing global trade risks for their companies. Rudin adds, “ The Economist magazine spelled out the problem, ‘Corporations need to rethink how they approach climate risk.
Additionally, the fuel coming out of cargo ships is much more harmful to the environment than regular gasoline burnt by cars. The top ten food safety stories, according to Food Safety Magazine, include major prosecutions by the government of companies that weren’t mindful enough of their food safety.
Additionally, the fuel coming out of cargo ships is much more harmful to the environment than regular gasoline burnt by cars. The top ten food safety stories, according to Food Safety Magazine, include major prosecutions by the government of companies that weren’t mindful enough of their food safety.
(Source: Reddit ) There’s been a lot of supply chain pains over the years, many of which are well documented – port congestion, capacity issues, rising spot rates, plunging spot rates, hidden fees, maxed out warehouses – just to name a few but one that I’m still trying to wrap my head around is access to bathrooms.
Two awards will be rewarded – The Judges Award and the Audience Award – including an exclusive interview for RLA’s RL Magazine. Carolina Sisters – Since 2018, Carolina Sisters has been sourcing from retailers and selling pallets of wholesale products to the general public. I wear a number of hats these days.
Published October 25, 2019 in Global Trade Magazine. You can’t just turn around a giant cargo ship. Once cargo has shipped, there are no “backsies.” Everything from custom duties to cargo inspections can create bottlenecks within the supply chain. This isn’t to say you should avoid international sources for goods.
3] Following year-long discussions about supply chain resilience, the Economist reminds us, “Resilience comes not from autarky but from diverse sources of supply.”[4] ” The magazine goes on to argue that retreating from global trade would be a huge mistake. ” The BCG analysts agree.
Eric is the Air Cargo Editor at FreightWaves, the leading FreightIntel provider, offering current digital intelligence and context to the freight community on a central platform. Eric Kulisch is the Supply Chain and Air Cargo Editor at FreightWaves. Russia sanctions cut both ways for air cargo. About Eric Kulisch.
Fortunately, compared to industries such as high-tech or automotive, it is easier for the textile industry to pivot to source from an alternate supplier due to the simplicity of the manufacturing. The port handles cargo including fertilizer, corn, wheat, bran, soybeans, as well as pipes and iron.
According to the American Trucking Association’s Chief Economist Bob Costello, reports Desi Trucking Magazine , the driver shortage could reach nearly 240,000 by the end of 2022. Knowing in advance what risks are involved with specific loads, shipments, customers, or cargo types can help managers weigh options and opportunities better.
port authorities and terminal operators, regulatory bodies, and Beneficial Cargo Owners (BCO) are all working on this topic. Ports and hinterland carriers want to know what cargo (and how fast it) is approaching them, and where it is heading. Logistic Service Providers (LSP), carriers, intermodal operators (air, sea, ground etc.),
Now, Parcel magazine defines zone-skipping as “a logistics technique whereby a shipper consolidates many individual packages or orders. This is due to the lower cost of ground transport compared to air cargo. It all depends on the data and having a single source of truth for complete transportation spend.
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