This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
In April 2024, we asked members of our Indago supply chain research community — who are all supply chain and logistics executives from manufacturing, retail, and distribution companies — if they had experienced cargo theft or other types of freight fraud in the past year.
More Resources Home The Impact of Fast Fashion Giants On Air Cargo Eytan Buchman April 25, 2024 Navigating New Horizons: The Impact of Fast Fashion on Air Cargo Rates & Dynamics The intersection of fast fashion, globalized retail e-commerce, and air cargo logistics is coming to a head with Temu and Shein’s entrance to the US market.
More Resources Home Ahead of the Curve: How Digitalization Helped Air Cargo Amidst Red Sea Shipping Diversions Joyce Tai April 2, 2024 If there’s one lingering lesson from the supply chain crisis of COVID, it’s that digitization can help organizations navigate crises…but that digitization can’t be put in place DURING that same crisis.
In air cargo, the plaintiff in a US court case challenging the White House’s suspension of de minimis eligibility for China – set to conclude in July – requested to expedite the trial after the court rejected a DOJ request to suspend the trial while other legal challenges to tariffs are pending.
This move aligns with LGs strategy to expand its presence in the robotics sector, particularly in industrial automation, where its Production Engineering Research Institute is driving growth through AI and digital transformation. This approach helps companies meet regulatory requirements and address consumer demands for transparency.
In April 2024, we asked members of our Indago supply chain research community — who are all supply chain and logistics executives from manufacturing, retail, and distribution companies — if they had experienced cargo theft or other types of freight fraud in the past year.
This move aligns with LGs strategy to expand its presence in the robotics sector, particularly in industrial automation, where its Production Engineering Research Institute is driving growth through AI and digital transformation. This approach helps companies meet regulatory requirements and address consumer demands for transparency.
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.
Pledge) , including its global supply chain sustainability solution for beneficial cargo owners (BCOs), enterprise supply chain leaders and logistics service providers (LSPs). In an era where corporate social responsibility and ESG initiatives are non-negotiable, accredited emissions reporting is the gold standard for high-quality data.
Postal Service (USPS) transitioned its primary air cargo contract from FedEx to UPS effective September 30, 2024. UPS “The USPS air cargo business fits beautifully with our strategy to grow our B2B business. During Q4 2024, cargo and other revenue totaled $308 million, representing a 1183.3% increase from Q4 2023.
But the discussion quickly turned to exploring why – given the marked shift to eBookings in air cargo – does the prevalence of eBookings in ocean logistics still lag so far behind? Ultimately, the panelists were in agreement that, as in air cargo, the availability of eBooking is not likely to eliminate the role of freight forwarders.
To mitigate the impact of ocean logistics disruptions, many businesses (42%) have shifted some of their goods to air cargo. Consider expediting some volumes using Less than Container Load (LCL) ocean shipping or air cargo to fill possible short term inventory gaps.
Air cargo for example, though continuing to make digital strides, is still behind – and is often compared to – passenger travel where digitized capacity, pricing and online bookings have been around for decades and is in some ways the digitalization template air cargo is referencing.
In air cargo, more forwarders are reporting signs of life for ex-Asia volumes, which is a good omen for hopes of an air peak this year. Freight news travels faster than cargo Get industry-leading insights in your inbox. Freight news travels faster than cargo Get industry-leading insights in your inbox. Europe rates of $3.70/kg
In air cargo, Freightos Air Index data show China – N. Freight news travels faster than cargo Get industry-leading insights in your inbox. Subscribe Now Judah Levine Head of Research, Freightos Group Judah is an experienced market research manager, using data-driven analytics to deliver market-based insights.
In air cargo, the seasonal lull combined with overall low demand is pushing volumes below pre-pandemic levels at some of Europe’s major hubs , though some in the industry are hopeful that electronics product launches set to begin soon could drive some peak season rebound in the coming months nonetheless.
In air cargo, Freightos Air Index rates from China to the US slid 12% in the last few weeks. Freight news travels faster than cargo Get industry-leading insights in your inbox. Though this decrease may reflect some easing of demand in the typical summer lull, at $4.90/kg
In air cargo, Air Canada is bracing for disruptions from a possible pilot strike next week. Freight news travels faster than cargo Get industry-leading insights in your inbox.
Researchers at Tesla have developed a new design for electric vehicle batteries that could last up to 100 years before needing to be replaced. However, by creating a new nickel-based battery that can last five times as long, Tesla and the researchers working on the new project hope to make EVs even more lucrative compared to gas guzzlers.
Shipping giant Maersk has rolled out Maersk Trade & Tariff Studio, a digital solution designed to empower global cargo owners and bring clarity to complex customs processes. Maersk’s research reveals that 5-6% of tariffs are, on average, overpaid due to a lack of centralized data and optimization efforts.
Freight news travels faster than cargo Get industry-leading insights in your inbox. Subscribe Now Judah Levine Head of Research, Judah is an experienced market research manager, using data-driven analytics to deliver market-based insights.
pictured) Head of Consumer Research, ParcelHero The post France’s transatlantic sail-powered cargo revolution should put the wind up Brits appeared first on IT Supply Chain. By David Jinks M.I.L.T.
This article explores challenges identified in a research paper by McKinnon (2006) focusing on vehicle utilization and efficiency in the freight industry [1]. Fraud and Security: Challenge: Ticket counterfeiting, fare evasion, and cargo theft pose security risks and financial losses for transportation providers. Guo, Z., & Xiao, Y.
I want to say a special thank you to Steve Banker and Conrad Hanf who I have worked closely with for the last 10+ years on Logistics Viewpoints as well as countless research projects, surveys, and events. Cargo imported into the U.S. I’d also like to thank Clint Reiser, Mike Guilfoyle, and Andy Chatha.
The rise of cargo theft through cybersecurity loopholes demands robust countermeasures like two-factor authentication and restricted access controls. With extensive connectivity across multi-tier supplier networks, stringent authentication, encryption, and zero-trust models are crucial for secure data sharing and mitigating vulnerabilities.
Brian is the Founder of Port X Logistics , a transportation company that specializes in expediting containerized cargo throughout the U.S. About Brian Kempisty Brian Kempisty is the Founder of Port X Logistics, a transportation company that specializes in expediting containerized cargo throughout the U.S. and Canada. and Canada.
Long Beach, LA ports set June cargo records. The influx of cargo is due to several reasons, according to port officials. across the US, the research firm said Tuesday. Prior to this insight I thought there was no downside to the benefits brought to shipping from the standardized shipping container. Food Inflation Jumps 10.4%
Supply Chain Insights , a research and advisory firm, hosts this weekly podcast that covers a variety of topics, from global thinking to voice of the customer. Each episode features a different special guest, who brings his/her unique opinions regarding topics such as logistics, supply chain, cargo, freight, transportation, and education.
There were more reports of upticks in ex-Asia air cargo demand the last few weeks, and Freightos Air Index data saw China – N. Despite this recent trend, many in the industry remain pessimistic that a significant air cargo peak season will materialize this year. America rates increase 8% last week to $4.75/kg,
The proportion of work-related injuries among newly hired workers increased from 2017 to 2022, with workers under 25 reporting more frequent injuries than those 55 and older, according to a report released by the Workers Compensation Research Institute. The report, which analyzed 8.4
International cross-border e-commerce is typically transported by air cargo. Amazon Global Logistics shippers ship ocean cargo from China directly into the Amazon fulfillment network in the US, UK, and EU. Whereas Alibaba’s service offers cargo that can be shipped to any warehouse or store. Cargo imported into the U.S.
Cargo ships lost 661 containers at sea in 2022, down from the 15-year average of 1,566 lost per year, according to the latest figures from the World Shipping Council (WSC). This resulted in meaningful cost savings for our last mile delivery program overall,” he added.
Crossing one million bookings annually in 2023, we’ve made significant headway in digitizing spot freight pricing and bookings, especially in air cargo. Airlines representing over 70% of global air cargo capacity are on the WebCargo by Freightos platform and more ocean liners are in the process of joining. And it’s happening.
US Air Force wants a commercial Rocket Cargo Vanguard to fly stuff anywhere on Earth. Late last Friday, the US Air Force launched a new rocket cargo program with the Space Force to study the use of commercial spacecraft to ship supplies around the world, and they may look to NASA’s lunar lander program for ideas.
The department has made two small awards from the “Chips for America” semiconductor manufacturing and research subsidy program approved by Congress in August 2022. Delta Cargo , a unit of Delta Air Lines Inc., But sometimes, branding has to take a back seat to sustainability. That’s all for this week.
So without further ado, here’s your: Key Reads Logistics Tech Research and Updates for 2022. Over 50,000 supply chain professionals rely on our research lead’s weekly freight rate update, which includes a data-driven overview of current freight market conditions. Changing Trends in BCO Air Cargo Procurement. Signup Now.
In air cargo, global volumes increased 13% year on year in June , with Q2 cargo out of Asia up 18% year over year, after 20% growth in Q1 mostly attributed to e-commerce volumes. Best, Judah Levine, Head of Research Freight news travels faster than cargo Get industry-leading insights in your inbox.
Exploring alternative shipping routes and modalities, including air cargo, is crucial despite the higher costs. Keep reading Weekly Freight Updates January 10, 2024 Update Weekly Freight Updates January 3, 2024 Update Logistics Technology and Research Red Sea and Suez Canal Shipping News & Updates See the full report.
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.
Most passenger carriers and some cargo airlines have canceled flights to and from Israel, and Freightos Data shows Israeli air cargo export rates to destinations in Europe and the US have increased by 20% or more since last week. Freight news travels faster than cargo Get industry-leading insights in your inbox.
Avenues of transport are declining as major cargo airlines, like Cathay Pacific , drastically reduce flights to mainland China and Hong Kong. Research conducted by AIMMS found that 38% of supply chain professionals require multiple weeks to address their network-related?questions. we need q uickly.? questions.
We have taken this proactive measure to safeguard our people, assets, and customers’ cargo in light of increased regional instability." Earlier, Israel announced it had conducted overnight strikes on missile factories and a research center linked to Iran’s nuclear program.
Mark Drusch of Qatar Airways Cargo, who comes from the passenger side, pointed out that, in order to quickly and easily serve passengers who need to change airlines unexpectedly, boarding passes already have a universal barcode that allows any carrier to access passenger information immediately.
We organize all of the trending information in your field so you don't have to. Join 102,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content