article thumbnail

Back to Logistics Tech School, 2022: the Lost Peak Season, the lingering COVID impact and more

Freightos

Logistics tech in 2022 has been unavoidably shaped by the two years that preceded it. 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. The Weekly Freight Update.

Logistics 156
article thumbnail

National Logistics Day 2023

Enterra Insights

The staff at the Transportation Intermediaries Association (TIA) note, however, that the logistics industry plays an “out-sized — and often underappreciated — role … within the greater transportation ecosystem.”[1] These advancements demonstrate how logistics connect the world — and always have.”[2]

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

GlobalTranz And Echo Global Logistics Both Report 40% Fourth Quarter Revenue Growth

Logistics Viewpoints

GlobalTranz, a logistics service provider, put out a press release on February 23rd where they mentioned that they had achieved 40% growth in revenue, fourth quarter of 2020 compared to the fourth quarter of 2019. Robinson and Echo Global Logistics. What the heck is going on in this freight brokerage/managed transportation sector?

article thumbnail

What’s the Difference Between a Freight Broker and Freight Agent?

Supply Chain Game Changer

10 Tips To Be A Successful Freight Broker! The terms freight broker and freight agent are often confused in the cargo and shipping sector. Freight brokers and agents contribute significantly to optimizing the shipping process. So, what are the differences and similarities between a freight broker and freight agent?

article thumbnail

The Importance of Sustainability Benchmarking

Logistics Viewpoints

The dashboard is part of a broader Sustainability Hub, which allows companies to collaborate and access freight emissions from FourKites tracked freight. FourKites Sustainability Dashboard also enables companies to identify the highest source of freight-related emissions across the supply chain.

article thumbnail

Transportation in the Americas: A Cross-Country Comparison

MIT Supply Chain

Truck transportation comprises 75% of all freight in Latin America. Currently, the state of the logistics market is measured by the Logistics Performance Index (LPI), a benchmarking tool developed by the World Bank. including owner-operators. But, say Mendonça, Villena, and Ruiz, each country’s situation is unique.

article thumbnail

This Week in Logistics News (August 6 – 12)

Logistics Viewpoints

And now on to this week’s logistics news. Earlier this week, the company announced that it will acquire Italy’s Bomi Group, which provides global healthcare logistics services. For comparison, they spent $3.4 The post This Week in Logistics News (August 6 – 12) appeared first on Logistics Viewpoints.