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Jake Hoffman and Joe Lynch discuss the container payment portal and the rise of AI in freight. Jake is the Chief Technology Officer of Gnosis Freight, a logistics tech company focused on the lifecycle of a shipping container as it moves around the world.
The GlobalMaritime Group warns that emissions could surge by 50% by 2050 without significant action. Tracking shipping containers optimizes logistics, minimizes waste and helps reduce releases. It produces about 1,000 million metric tons of carbon dioxide each year.
Corey spent over a decade at STG Logistics, the nation’s leader in containerized freight, and XPO Logistics, where he built operational, financial, and back-office solutions to help companies and users across the globe.
Out at sea, weather can impede progress and even lead to rerouting, which puts freight in port well past its expected arrival. While challenges within the supply chain and global shipping industry are not new, there are new ways of addressing them. Lastly, modern visibility solutions can also lead to improved communication.
In 1956, he launched the first container ship , the Ideal X, carrying metal containers from New Jersey to Houston. This historic voyage marked the beginning of a new era in global trade. Standardization and Efficiency McLean’s innovation extended beyond the container to encompass an entire system built around it.
The news about LogiNext, which had over 200 employees and was backed by top investors such as Tiger Global and Steadview Capital, l iquidating its assets to a US entity for a mere $250K after raising $50 million , is a stark reminder of how quickly the dynamics in the SaaS logistics space can shift.
Global supply chains are facing fresh disruptions as trade tensions escalate, digital innovation transforms logistics, and energy partnerships reshape infrastructure. Meanwhile, Hapag-Lloyds new Container Payment Portal streamlines cargo movement, and GE Vernova’s partnership with AWS accelerates energy transition efforts.
These issues contribute to higher demurrage fees, increased turnaround times, and compromised supply chain reliability, all of which are barriers to the Kingdoms goal of becoming a globallogistics hub under Vision 2030.
The need to know from Reuters’ global network of journalists Retailers rush to save US summer shopping season U.S. Container ship owners swamped as US-China trade detente revives demand Container ship bookings for China-to-U.S. to continue benefiting from a "China-plus-one" strategy by global producers.
The Container Payment Portal will serve as the primary interface for Hapag-Lloyd customers to manage compliance with the Ocean Shipping Reform Act of 2022 (OSRA) and facilitate the payment of import line demurrage charges for U.S. imports from any country. “InMay 2024, revisions to demurrage and detention rules made by the U.S.
Jake Hoffman and Joe Lynch discuss the Gnosis FreightContainer Lifecycle Management® Platform and how Gnosis streamlines international logistics. We begin by discussing Gnosis Freight, a company that has developed the first Container Lifecycle Management® Platform to simplify the complex process of international shipping.
The Covid-19 pandemic tested the global supply chain. The Emergence of Logistics as Constraint. Advanced planning tools(APS) never considered the issues of logistics. Availability of logistics was always assumed. The lack of chassis and the need to return empty containers to Asia paralyzes North American ocean freight.
Last October, over 100 ships, including 70 container ships, were waiting at anchor or in drift zones to unload at the twin ports of Los Angeles and Long Beach. China accounts for about 12% of global trade. China’s stringent COVID lockdown in critical port cities has impacted global supply chains.
Turvo, provider of the world’s leading collaboration application designed for the supply chain, recently announced a new partnership with ocean freight visibility management technology solution provider OpenTrack. “This partnership brings together two companies that are solving systemic issues in global trade. About Turvo.
Today’s blog is written by a guest writer, Graham Perry, a writer at Business Tech Innovations specializing in logistics supply chain optimization. With expertise in fleet management and transportation technology, his articles empower businesses to navigate the dynamic world of logistics with peace of mind.
Why Logistics Management is the Need of the Hour in the Middle East? The global pandemic has caused a ruckus in the economy but logistics has risen as an efficient place of access for consumers with doorstep deliveries and minimum human interaction. Here is when Shipsy’s logistics management software comes to the rescue.
Global Cargo Monitoring / Cargo Tracking. International trade is the engine of global prosperity today. The size of global trade has nearly doubled since 1990. Cubic GlobalTracking Solutions and arviem AG Form Strategic Partnership for Global Cargo Monitoring Services. Subscribe To. SAN DIEGO, Calif.
The answer has to do with the deluge of global products that today’s buyer is exposed to. A few ways that global leaders approach superior logistics experiences are – Visibility and real time tracking Constant proactive communication Consistent Data driven decision making. This has translated to the entire industry.
It is typically a part of a larger supply chain management system and allows them to organize and centralize all their logistics and transportation functions. Most transportation management software solutions offer a comprehensive set of features that allow you to manage all your logistics and transportation functions in one place.
One of the major worries for the global pharmaceutical industry around patient safety is counterfeit drugs. Although most industries are focusing on supply chain efficiency, pharma supply chains bring a bigger worry into the picture: patient safety.
Why Logistics Management is the Need of the Hour in the Middle East? The global pandemic has caused a ruckus in the economy but logistics has risen as an efficient place of access for consumers with doorstep deliveries and minimum human interaction. Here is when Shipsy’s logistics management software comes to the rescue.
To collect the plurality of information different technologies are used that give whole containers its own intelligence to provide additional information, their condition and environment records which can be stored and even communicate in real time. Depending on the use case an exact position of the searched objects is required.
The pandemic has further weighed down the performance of ports worldwide, with minimal workforce available at terminal hubs and fewer shipping containers on the move, thus bringing global port operations to an abrupt halt. . But, the fact remains that ports cannot afford delays as the repercussions are farfetched.
The global economy rebound from COVID-19 hinges on the discovery and manufacture of an effective vaccine. The global supply chain recovery depends on a vaccine, but I expect the distribution cycle to be longer than the discovery phase. Companies spent the last decade leveraging economies of scale from globalization. None called.
11 Ways Tech Will Change Logistics in 2017. This year, supply chains reached Silicon Valley (and not just in the form of logistics startups ). This year, supply chains reached Silicon Valley (and not just in the form of logistics startups ). Tech companies, not logistics companies, are making driverless trucks a reality.
The logistics industry is one such industry, that can be impacted positively and potentially transformed by proactive implementation of such software. Transformative potential in logistics industry The logistics industry has organisations having operations in far-flung areas and across time zones. Existential nihilist.
In addition to conventional full container loads, many ZF divisions however also ship consolidated containers consisting of materials from different suppliers and ZF plants. SupplyOn was selected after comprehensive market evaluation and an initial concept from central logistics and division logistics.
In this article, we review how carrier and forwarder fragmentation remains one of the most significant hurdles for modern freight, how freight standardization and platformification are posed to change that, and why innovation we can’t even imagine might be around the corner. But as a freight technology junkie, it made sense.
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