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
Layoffs continue to impact the freight industry as firms across the U.S. The workforce reductions are tied to companies operating in sectors such as trucking, warehousing, logistics, food suppliers and manufacturing. Freight-related companies in Mexico have also recently announced major workforce reductions. In the U.S.,
Headquartered in Germany, Ocean Insights is a leading ocean supply chain visibility and market intelligence provider that supplies real-time tracking data and market analysis to large shippers from a broad range of industries, including automotive, manufacturing, food & beverage, commodity trading, chemical and freight forwarding.
The Netherlands-based online grocery store Picnic Technology raised €355 million in investor capital as part of plans to expand into France and Germany. They also invested in manufacturing software firms like Plex, Oslo, and AVATA. Skydio, an intelligent drone technology, received $230 million Series E fundraising.
billion, followed by Germany at $20.5 The company processes location-based data — telemetry data from passenger and freight vehicles — into mission-critical transportation applications and intelligence. “[The Hengli Hydraulics operates in over 20 countries, with 11 manufacturing plants and more than 8,000 employees worldwide.
He founded STORD along with co-founder Jacob Boudreau after experiencing the challenges of fragmentation and disconnected technology of the third-party logistics industry (3PL) first-hand while working in supply chain optimization for a global automotive manufacturer in Germany. Sean attended Georgia Tech prior to founding STORD.
Germany Freezes the Nord Stream 2 Project. Germany responded by halting certification of the Nord Stream 2 gas pipeline. That’s more than 50% of Germany’s annual consumption and could be worth as much as $15 billion to Gazprom, the Russian state-owned company that controls the pipeline. Russia Attacks Ukraine.
As a disclaimer, WebCargo , a Freightos Group company, does offers digital services to global forwarders and carriers, including online sales portals, digital eBooking, multimodal rate management and the Freightos.com freight marketplace. . The Freight Game of Thrones. The Maersk Shift: Where it started.
How Freight Disrupted Itself. In the last year, a new dynamic has begun to reshape the freight industry. Phil knows his (freight) stuff. In his PhD thesis he developed a product to secure ocean freight rates with financial derivatives. Declining Freight Rates. Suddenly the freight industry is not so opaque.
The surging Delta virus, devastating floods in China and Germany and cyber attacks on South African ports are amongst the latest in a series of events that continue to send shock waves throughout the system. For more than a year, global supply chains have been buffeted by one major disruption after another. The impact?
In recent years, global manufacturing and supply chain operations have undergone a significant shift. To achieve greater product differentiation and reduce expenses, companies are outsourcing design and development work to contract manufacturers (CMs) and other domain experts. Moreover, U.S.
This technology company is headquartered in Friedrichshafen, Germany. Among other things, ZF manufactures electrified powertrains, car chassis technology, active and passive safety systems, and advanced driver assistance systems. This manufacturer has 188 production locations across the world. The ZF supply chain is complex.
Late 2021 saw Maersk continue to shift towards vertical integrations, with acquisition of Senator, a German freight forwarder for $644 million dollars. While Facebook is looking at virtual reality, Alibaba and Amazon are looking more at freight. More on Maersk’s transition to an end-to-end provider can be found in this 2020 report.
Not even B2B is spared from these changing expectations (which is why we at Freightos launched an online freight marketplace ). While freight industry executives likely sighed with relief when an update of Amazon’s logistics.amazon.com page on June 28th turned out to be nothing more than a franchise model for courier delivery services.
Manufacturing in South Africa. In addition, automobile assembly, metalworking, machinery, textiles, iron and steel mills, chemicals, fertilizer and food are important manufacturing sectors for the country. Supply Chain Infrastructure for Manufacturing in South Africa. Commercial ship repair is also significant. About 4.6%
Manufacturing in South Africa. In addition, automobile assembly, metalworking, machinery, textiles, iron and steel mills, chemicals, fertilizer and food are important manufacturing sectors for the country. Supply Chain Infrastructure for Manufacturing in South Africa. Commercial ship repair is also significant. About 4.6%
Located east of Germany in Central Europe, Poland is about 312,685 sq. Poland’s bordering countries include Belarus, Czech Republic, Germany, Lithuania, Russia, Slovakia and Ukraine. Manufacturing in Poland. Supply Chain Infrastructure for Manufacturing. km, about twice the size of the U.S. state of Georgia.
To put that another way: by the time a business in Canada, France, Germany, Italy, Japan or the United States gets to Thursday they have produced, on average, what the UK needs a full Monday-Friday to do. The issue is also particularly bad for manufacturers. For many manufacturers, automation is synonymous with new equipment.
It is bordered by Belgium, Germany and the North Sea. Manufacturing in the Netherlands. Typical manufacturing products from the Netherlands include food processing, chemicals, oil and petroleum refining, construction, electrical machinery and metal processing and fabrication. Supply Chain Infrastructure for Manufacturing.
The Czech Republic is a land-locked country in central Europe between Germany, Poland, Slovakia and Austria. Manufacturing in the Czech Republic. The Czech Republic’s single largest industry is automobile manufacturing, most of which is exported. Manufacturing accounts for 36.9% With a total area of 78,867 sq. of the GDP.
Subnational governments like Québec in Canada and Telengana in India as well as manufacturers and fleets like DHL, Heineken and Scania are endorsing the MOU and declared that they will align with the decarbonization effort. Also, tools have been developed to enable horizontal partnerships to reduce empty truck miles.
Manufacturing in Italy. Italy is the second largest manufacturing country in Europe, behind Germany. Manufacturing accounts for 24% of the country’s GDP, and industrial production is growing at 2.1% Supply Chain Infrastructure for Manufacturing. Annual freight traffic was 945,433,732 mt-km in 2015.
A behemoth in the logistics industry, UPS has operations in shipping, air freight, trucking, last-mile delivery and drone delivery. billion (December 2019) Headquarters: Bonn, Germany CEO: Frank Appel 3. FedEx set out to become a global logistics player as a full-service freight operator. Revenue: €63.3 billion/$72.43
Manufacturing in Turkey. Primary manufacturing industries include textiles, food, automobiles, electronics, mining, steel, petroleum, construction, lumber and paper. Supply Chain Infrastructure for Manufacturing. Twenty heliports can help with the speedy delivery of air freight when necessary. of its GDP.
Manufacturing Agendas: So Hot Right Now. Months after Modi and India introduced their ‘Make in India’ campaign and a full three years after the unveiling of Germany 4.0, China has joined the manufacturing revolution party. Manufacturing Revolutions have 10 Planks, Too. Martin Abegglen/ Flickr.
Rebounding freight volumes and the proximity of the electronic logging device (ELD) mandate are set to change the industry in 2017, reports Sean Kilcarr of FleetOwner. The LTL freight industry outlook for 2017 would be incomplete without addressing warehousing difficulties. This will be the most important trend to watch in 2017.
Real-time freight visibility is quickly becoming a “must have” capability for transportation managers. Simply put, real-time freight visibility is hot right now, with both customers and investors. presented a great case study on the company’s journey and success with real-time freight visibility. Keegan McCready, Sr.
Major Trends: Volatile Production, Capacity Crisis & The Need for EV Automotive manufacturing is experiencing a huge global transformation compared to the past. 2023 Outlook for Vehicle Exports and Global Ocean Freight With COVID-19 regulations relaxing worldwide, both car production and the consumer demand for new vehicles is surging.
After some training flights on Wednesday, the aircraft will depart Dresden, Germany, for another facility where it will be painted, EFW spokeswoman Anke Lemke said in an email. But all aircraft manufacturers and conversion shops are experiencing some level of delay these days for similar reasons.
This disruption affects various industries, including suppliers for global retailers and car manufacturers. Kia, in particular, faces vulnerability to delays, affecting its just-in-time manufacturing model. Telsa has also announced plans to pause production in Berlin, Germany as a result of the Red Sea attacks.
Belgium is bordered by France, Germany, Luxembourg and Netherlands, and has a robust shipping infrastructure including multiple ports, making it a perfect location for trade both within the EU and with other geographic regions. Manufacturing in Belgium. Manufacturing accounts for about 22 percent of the GDP. leaving the EU.
Manufacturing in Brazil. After the intense investment in infrastructure to support the 2014 World Cup and 2016 Olympics, along with the recent “Brasil Major” initiative, Brazil is an emerging powerhouse rich in natural resources and with a strong focus on manufacturing and the supply chain. Argentina and Germany.
Manufacturing in China. Supply Chain Infrastructure for Manufacturing. China moved 19.806 billion ton-km of freight by air in 2015. College graduates now account for nearly half of the workforce, making it harder to fill the lower paying manual jobs that once formed the backbone of the Chinese manufacturing sector.
Manufacturers and shipping companies assumed that because of layoffs, demand would drop. As the pandemic eased, ports suffered bottlenecks, natural disasters disrupted freight movement, railways suffered congestion, and new legislation further complicated the movement of goods. As you know, demand for some items surged.
I attended the Gartner Supply Chain Conference in London a couple of weeks ago, and one of the topics that was discussed was the rise of robotics, especially in manufacturing and logistics. As technology companies develop driverless cars, the freight industry is working on the same for trucks and trains.
Let’s take the example of goods being shipped from Germany to the UK. For example, a company bringing goods into Germany from the UK would need to make an import declaration to German customs authorities. Manufacturers in the EU may be adversely impacted if they source raw materials from the UK. Import Declarations.
Manufacturing in South Korea. The South Korean government began encouraging investment in manufacturing technologies, especially for high-tech and automotive industries. Typical manufacturing products made in South Korea include electronics, telecommunications, automobiles, chemicals, shipbuilding, mining and steel.
Supply challenges arising from the war will hit many industries, with electronics being a prime example, since Russia and Ukraine are both sources of materials such as palladium and neon , vital for the manufacture of semiconductors. Industrial Relations Issues Adding to Container Woes in India and Germany. A Mission Against Emissions.
Global Manufacturing Output Global-wide manufacturing levels as depicted by the J.P. Morgan Global Manufacturing PMI® reportedly slightly declined in June with output and new orders indices on the rise. In the latter category, subdued market conditions were cited as an underlying factor in manufacturers’ business optimism.
Manufacturing in Portugal. It also manufactures wood and cork products, paper and pulp, chemicals, fuels, lubricants, automobiles and parts, base metals, minerals, porcelain and ceramics, glassware, technology and telecommunications equipment, dairy products, wine, ships, plastics and optics. . state of Virginia. and the Netherlands.
When looking at the amount of freight moved just in America alone, there was 9.2 Sure, 3D printers might be able to print space habitats on Mars, but they can’t print everything and there will always be a need to transport an item(s) from one destination to another.
E2open and INTTRA will join efforts to strengthen the connections and streamline the information flow between manufacturers, suppliers, shipping service providers, ocean carriers and all the participants in global trade.
The supply locations for German armed forces were inflicted with serious damages and Germany was not able to wreak the same havoc on its enemy. For example, a manufacturing partner might be able to buy materials at a bulk rate or a 3PL provider could access reliable truckload freight contractors you cannot.
In some cultures, such as Germany, a more formal mode of address, such as using “Sie” for “you”, is expected in business communications. How to Market Your Business With Culture in Mind By Ian Summers (pictured) Content Writer 87 Views What shoppers in the U.S. expect from online brands today has completely changed.
Global commercial aircraft manufacturer Airbus announced that Amazon Air has signed an agreement to lease ten Airbus A330-300P2F air freighters from Altavair , a worldwide provider of aviation finance focusing on leasing, re-purposing, and selling commercial jet aircraft and engines. All rights reserved. .
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