article thumbnail

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.

Freight 156
article thumbnail

What Shippers and Retailers Need to Know for Peak Season Planning 2022

The Logistics of Logistics

The ongoing Ukraine–Russia conflict has caused turmoil in significant parts of the global food chain, and in fact, Ukraine is a major exporter of barley (30% of global totals), wheat (25%), and sunflower oil (60%). Further, Ukraine supplies more than one-half of the world’s neon gas necessary for printing circuits on computer chips.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Supply Chain Matters COVID-19 and Ukraine Conflict News Capsule Update- October 25 2022

Supply Chain Matters

Similarly, WSJ separately reported that trucking freight operators now indicate that the traditional peak shipping season is crumbling as overstocked retailers cancel any new inventory orders. Similarly, August imports reportedly decline 12 percent from prior year levels. All rights reserved.

Ukraine 52
article thumbnail

Freight Invoice Facts to Know About Errors

Intelligent Audit

Often, the general public’s view of freight transportation is similar. The Bureau of Transportation Statistics reported that, “Freight shipped across the U.S. With so much money moving across the country and globe, supply chain professionals must prioritize a proficient freight invoice and payment processing system. .

Freight 52
article thumbnail

The Post-Pandemic Supply Chain with Peter Tirschwell

The Logistics of Logistics

Changes like the turmoil in Asia (Taiwan & China) and in Europe (Ukraine & Russia) are currently impacting supply chains. Now part of S&P Global Market Intelligence , the JOC Group is the world’s authoritative provider of business intelligence, information and events for trade, transportation and logistics professionals.

article thumbnail

Modern Ways Technology Provides Transportation Management & Freight Spend Visibility

Intelligent Audit

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?

article thumbnail

Managing the Supply Chain in Times of Crisis?

BlueYonder

As we watch Russia’s invasion of Ukraine unfold, the real cost of this war is plain: lost lives, families that are forever altered, and destroyed communities. Two top European shippers — Maersk and DSV — have warned that freight costs will likely remain high well into 2022, adding to the global supply chain chaos.