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Freight Market Intelligence: Data is crucial, but context is king

Freightos

In this article, Eytan Buchman, Freightos’ CMO, discusses the importance of data and context in global freight and logistics. The future of global freight data lies in real-time information, contextual insights, and aggregated data that can help companies make better decisions and adapt to a rapidly changing industry.

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The Impending Ocean Carrier War on Last Mile Fulfillment

Freightos

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.

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Amazon Expands Air Freight Services and Carrier Equity Stakes

Supply Chain Matters

These re-purposed aircraft will be converted from passenger to freighters by a Germany based firm and operated for the online retail provider by Hawaiian Airlines , which reportedly has this type of aircraft as part of its global fleet since 2010. Hawaiian Airlines will reportedly establish a pilot base in the continental U.S.,

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Worker Shortages and More Pose a Challenge to Freight Companies

Elementum

But issues surrounding labor and rising fuel prices pose real threats to the freight industry. Technology Comes to the Aid of Freight Companies. To address this, Hapag-Lloyd, a global shipping company based in Germany, launched Quick Quotes just last month. For comparison, in 2016, diesel fuel prices were just US $2.14

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The Counter to Constant Supply Chain Volatility Is Pervasive Visibility and Industry Collaboration

Logistics Viewpoints

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?

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Worker Shortages and More Pose a Challenge to Freight Companies

Elementum

But issues surrounding labor and rising fuel prices pose real threats to the freight industry. Technology Comes to the Aid of Freight Companies. To address this, Hapag-Lloyd, a global shipping company based in Germany, launched Quick Quotes just last month. For comparison, in 2016, diesel fuel prices were just US $2.14

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Resilinc’s Q1 2023 Supply Chain Disruption Data

Resilinc

In recent weeks, airport strikes have hit France, Portugal, Britain, and Germany causing major delays. On February 17, more than 1300 flights were canceled by Lufthansa Group in Germany due to strikes. Key industries impacted by the 216 reported recalls are BioPharma, Life Sciences, Healthcare, Automotive, Freight, and Transportation.