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Navigating Uncharted Waters: SMB Importers, 2024 and Red Sea Crisis Lessons

Freightos

The implication for global freight beyond the now typical uncertainty is predictably elevated operational costs and soaring freight rates. For example, the Freightos Baltic Index indicates a 69% increase to North America’s East Coast and a staggering 226% to Northern Europe since the crisis began.

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Truckload Market Trends to Watch in 2022

GlobalTranz

Global challenges, including port congestion, fuel costs, governmental policies and the ongoing pandemic will be among the factors affecting over-the-road hauling across North America as we look forward through this year and beyond. When freight capacity is this tight, carriers are selective about who they do business with.

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23 logistics professionals share the #1 way to reduce logistics costs

6 River Systems

We follow a stringent procedure to organize inventory in our warehouses. This approach tends to lead to a quicker and easier supply chain with inventory in transit for only a few days compared to a month’s inventory in an ocean container, and then another two to three weeks to clear customs. Efficient warehouse operations.

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26 logistics professionals reveal the biggest trends in logistics technology

6 River Systems

AI will be able to survey an area or room and create an accurate inventory in seconds, including weights and volumes, and determine damage on items. Companies can accurately forecast demand, timely order raw materials and manage inventory more efficiently. Marc Tuinier. Abbas Dhilawala. Abbas Dhilawala is the CTO of Galen Data.