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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.
Home Meet Freightos Procure: The Next Evolution of SHIPSTA Freightos Procure rebrands SHIPSTA, enhancing procurement with market intelligence and seamless booking within the Freightos Enterprise suite, empowering shippers to manage the entire freight lifecycle efficiently. Were raising the bar.
Home Tariffs, Peak Season Lulls and More – July 16, 2025 Update The Freightos Weekly Update keeps you informed on international freight with key economic data, demand trends, and rate insights. " * " indicates required fields Email * Consent * I agree to receive logistics, freight tech, and commercial emails.
The Logistics Data Challenge The logistics sector is awash with data, from shipment volumes and freight rates to sustainability metrics and supplier performance. Ritzmann emphasized the need to align data collection with specific business goals, such as procurement optimization, sustainability reporting, or supplier performance management.
Louis, MO & Chattanooga, TN — July 15, 2025 — Cass Information Systems (NASDAQ: Cass), the leading provider of freight audit and payment services, and FreightWaves SONAR, the premier supply chain intelligence platform, are expanding their strategic partnership to offer enhanced value to mutual customers this summer.
Judah produces the Freightos Group’s FBX Weekly Freight Update and other research on what’s happening in the industry from shipper behaviors to the latest in logistics technology and digitization.
Book a Demo T he Inspiration Behind Freightos Enterprise A little over a year ago, my team and I embarked on an extensive listening tour, sitting down with nearly one hundred enterprise shippers and BCO senior executives from the supply chain and logistics sectors. – Paolo Galli, VP Group Logistics Operations at Electrolux.
Holding the ball All of this uncertainty has left supply chain managers in a difficult position, balancing how much inventory to procure, how much it will cost, and how much they’ll actually need as consumer health remains in question. To request a SONAR demo, click here.
Companies often push aside procurement compliance to focus on more pressing issues. No wonder—procurement often gets tedious and burdened with time-consuming processes. However, ignoring procurement compliance is like ignoring a ticking time bomb. Scroll down to find out: What is procurement compliance?
For example, a broker or 3PL might use predictive tools to anticipate spikes in freight demand during peak seasons, allowing them to lock in carrier capacity early and avoid last-minute premium rates. Similarly, shippers can use these tools to adjust procurement and replenishment schedules based on real-world lead time and demand patterns.
According to McKinsey & Company, procurement accounts for 50% to 80% of a company’s cost base. That’s why organizations zero in on strategies to achieve procurement cost reduction. The key thing to remember is that cost reduction in procurement isn’t just about slashing expenses.
Blog More Resources Home December 11, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data and anything else impacting the market. China – N. Europe – N.
Home Transpac rates slide on early end to peak surge – July 01, 2025 Update The Freightos Weekly Update keeps you informed on international freight with key economic data, demand trends, and rate insights. " * " indicates required fields Email * Consent * I agree to receive logistics, freight tech, and commercial emails.
Home Transpac rates falling sharply; Israel-Iran ceasefire could avert freight disruptions – June 24, 2025 Update The Freightos Weekly Update keeps you informed on international freight with key economic data, demand trends, and rate insights. Europe weekly prices fell 5% to $3.61/kg. Europe – N.
Home Balancing Technology and Human Expertise: Insights from the World Procurement Congress Oliver Esch June 12, 2025 Blog The recent World Procurement Congress brought together procurement leaders from across the globe, from Australia to North America, representing diverse industries and perspectives.
Home Transpac post-peak ocean cools, and no signs of air cargo bump ahead of August tariff expirations – July 22, 2025 Update The Freightos Weekly Update keeps you informed on international freight with key economic data, demand trends, and rate insights. Start your week with the industry insights others miss. "
Home Transpacific ocean rates continue to slide; Air cargo out of the Middle East still recovering – July 08, 2025 Update The Freightos Weekly Update keeps you informed on international freight with key economic data, demand trends, and rate insights. Join 60,000+ Supply Chain Experts Who Never Miss an Issue!
" * " indicates required fields Email * Consent * I agree to receive logistics, freight tech, and commercial emails. After that point though, freight seasonality should return, with those higher tariff costs eventually felt by consumers. Join 60,000+ Supply Chain Experts Who Never Miss an Issue!
Home Special Update China-US Tariff Cuts: Analysis and Freight Impacts With tariffs easing temporarily and a potential frontloading surge ahead of the August deadline, shippers should prepare for early peak-season demand, possible equipment shortages, and rising container rates amid constrained capacity and ongoing Red Sea disruptions.
– May 7, 2025 Update The Freightos Weekly Update keeps you informed on international freight with key economic data, demand trends, and rate insights. Home Blanks keep rates level; no de minimis air rate collapse yet; US-Houthi truce first step to Red Sea return? Name This field is for validation purposes and should be left unchanged.
Home Iran-Israel not impacting freight yet; too much capacity may mean transpac rates have peaked – June 17, 2025 Update The Freightos Weekly Update keeps you informed on international freight with key economic data, demand trends, and rate insights. Europe – N. America weekly prices fell 1% to $1.85/kg.
Home Iran-Israel not impacting freight yet; too much capacity may mean transpac rates have peaked – June 17, 2025 Update The Freightos Weekly Update keeps you informed on international freight with key economic data, demand trends, and rate insights. Europe – N. America weekly prices fell 1% to $1.85/kg.
From COVID to geopolitical tension, the past five years have emphasized the need for procurement agility. From COVID to geopolitical tension, the past five years have emphasized the need for procurement agility. These external factors are near-impossible to predict, forcing more frequent tender updates to remain inline with the market.
Scan the programme early Four forum stages (A1, A2, A3, B1) plus an Exhibitor Stage host topics like Global Supply Chains 2030, Digital Platforms for Road Freight and Ports of the Future. Eytan Buchman CMO, Freightos Group Eytan Buchman loves freight so much he shouts out container sizes while he walks around.
Home Meet Freightos Procure: The Next Evolution of SHIPSTA Freightos Procure rebrands SHIPSTA, enhancing procurement with market intelligence and seamless booking within the Freightos Enterprise suite, empowering shippers to manage the entire freight lifecycle efficiently. Were raising the bar.
When you want to drive down your logistics and transportation spend, the very first thing that you need is freight and transportation data. Accurate freight and transportation data is particularly important. With freight costs rising, the task of teasing out hidden costs is becoming increasingly critical.
But with alternative routes and plenty of excess capacity available, operations should continue reasonably well, and freight rates are unlikely to spike to extreme highs. With the other major carriers also rerouting now, it is likely freight rates will rise for Asia – N. Shipping through the Suez Canal will take more time.
More Resources Home November 21, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. America weekly prices decreased 6% to $5.23/kg
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.
The implication for global freight beyond the now typical uncertainty is predictably elevated operational costs and soaring freight rates. This optimism is buoyed by the fact that 55% of importers have their inventories in check, anticipating a stronger freight demand in the coming year.
East Asia – April 29, 2025 Update The Freightos Weekly Update keeps you informed on international freight with key economic data, demand trends, and rate insights. In the meantime, reports on the drop in China-US ocean freight demand range from around 30% to more than 50% in the last few weeks. America container service loops.
Visibility Through Volatility Mitigate supply chain disruption by synchronizing tendering, rate validation, and freight bookings. The days of quarterly reviews and annual procurement cycles are giving way to a much more dynamic, responsive approach to supply chain management. However, this specialization has created its own challenges.
Quantifying the Import Impact Importers believe the potential impact on freight volumes to be substantial, with 54% of importers anticipating “serious to significant” reductions in their import activity. Eytan Buchman CMO, Freightos Group Eytan Buchman loves freight so much he shouts out container sizes while he walks around.
The increase in the volume and use of digitized freight data has made the need for – and lack of – industry data standards all the more acute. But the volume of available digitalized data, and the number of tools, solutions and platforms that supply chain stakeholders are using (juggling?) are growing too.
While companies have capitalized on globalization over the last few decades, the COVID-19 pandemic exposed a number of weaknesses within supply chain and procurement industries. Overall, while relocating may be an investment at first, many procurement leaders agree that the benefits of having a supply chain closer to home are worth it.
(Examples include alternate sourcing, bill of material changes or alternate modes/routing between the planning, procurement and transportation.) The groups of supply planning, procurement and logistics operate within silos. To create a standard electronic booking system for the ocean freight industry. History of E2open.
April 2016 North American Freight Numbers. Cass Freight Index Report – May 2016. From a supply chain perspective, Brexit will have a ripple effect on procurement, trade agreements, customs, and other areas. HighJump Adds Supply Chain Analytics to Enterprise Software Suite. ATA Truck Tonnage Index Increased 2.7%
Here are some details from the press release: With Haven TMS, Haven evolves from a logistics quote marketplace into a full-featured transportation management system (TMS) with collaboration, procurement, and analysis modules. I haven’t seen a demo of the solution, so I can’t comment on its functionality.
This self-service 4-session course provides an overview of how to build a strong transportation management foundation, with a focus on strategy development, procurement, the role of technology, and the importance of enabling a continuous improvement culture and processes. DOT Releases 30-Year Freight Projections.
It has always been essential to have visibility into freight spending. Freight audit & payment (FAP) providers have long paved the way to gaining this visibility by looking at shipping invoices and breaking down freight spend. What Is Freight or Transportation Spend Management?
Request Demo. Limit Unnecessary Check Calls for Freight. The use of technology allows customers to see where their freight is always located through GPS tracking and real-time updates. Outreach Going beyond TMS by extending our commitment to support the communities that surround us. close Close. August 25, 2020. Share on email.
A Request for Proposal (or RFP as it is more commonly known) is one of the most important pieces in sourcing and procurement and the overall supply chain. However, this can be a tedious process if you’re still sourcing using spreadsheets or haven’t made your procurement process digital quite yet. Ocean freight. Office supplies.
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