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Below, we dive into their key takeaways and explore five practical ways to make your logistics data actionable, with insights grounded in industry trends and high-authority sources. The Logistics Data Challenge The logistics sector is awash with data, from shipment volumes and freight rates to sustainability metrics and supplier performance.
over May, indicating a shift in sourcing strategies. Meanwhile, worsening disruptions in the Red Sea due to Houthi attacks on shipping and Iran–Israel conflicts continue to impact global shipping routes, forcing carriers to reroute vessels, leading to higher costs and extended transit times. of total U.S. days, respectively.
Descartes Investor Contact Laurie McCauley (519) 746-2969 investor@descartes.com Cautionary Statement Regarding Forward-Looking Statements This release may contain forward-looking information within the meaning of applicable securities laws ("forward-looking statements") that relates to Descartes' expectations concerning future revenues and earnings, (..)
Webinars Five Ways AI-Enabled Digital Twins Will Shape the Future of Supply Chains Technology Ships’ Electronics Increasingly Jammed Since Israel Struck Iran Global Gateways Watch: The Crisis in Access to Critical Raw Materials Supply Chain Visibility Digital Edition SupplyChainBrain 2025 ESG Guide: Is ESG Still Relevant?
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Haifa port, which was privatized in 2022, is owned 70% by Indias Adani Ports while the remaining 30% is held by Israels Gadot Group. According to the New York Times, Iran sent a barrage of missiles into Israel on June 20 that struck in several places, including Haifa, where two people were severely injured.
In a typical warehouse, AMRs function as a force multiplier, enabling the same number of people to handle more freight easily. A final plus for warehouse operations has been the workforce impact of P2G solutions.
The latest escalation of violence between Israel and Iran had raised fears over a possible closure of the Strait of Hormuz, a critical export channel. While such a move isn’t likely at this point, “we can’t take for granted just how concentrated some of these production and supply chains are,” Taylor said in an interview. “For
European truckmakers tackle rare-earths bottleneck with stockpiling, supply chain shifts European truckmaker Volvo Group has been seeking alternative sources of rare earths and Daimler Trucks has been building inventories to deal with supply issues linked to Chinese export curbs, saying lessons had been learned from the chip crisis.
Low water levels hamper shipping in Germany's Rhine River as heat wave continues A heat wave in western Europe has lowered water levels on Germany's Rhine River, hampering shipping and raising freight costs for cargo owners due to additional surcharges as their vessels were unable to sail fully loaded, commodity traders said on Monday.
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Eurasian Rail Freight: Demand for rail freight between Asia and Europe has surged, leading to congestion and longer booking times. Where is the metric for determining the sources and uses of cash from three perspectives - operational, investment and financial? Prepare CFOs for continued supply chain cost volatility 3.
– May 7, 2025 Update The Freightos Weekly Update keeps you informed on international freight with key economic data, demand trends, and rate insights. In any case, the reduction in US sourcing from China for the last few weeks will start to be felt soon in fewer May container ship arrivals and lower import volumes.
Home TPM25: Key Takeaways on Trade wars, the Red Sea and Tech for 2025 Discover the latest insights on US trade wars, Red Sea shipping disruptions, and freight technology trends from TPM 2025. But panels dedicated to freight tech were a major feature too.
Tanker earnings already soared by almost 90% since Israel first started conducting airstrikes on June 13. and Israel, and a low risk for all other ships. Athens’s warning is the latest sign of pressure on shipping markets as attacks on Iran escalate. linked vessels as a result of the strikes.
The militant group started targeting ships off the Yemeni coast in November 2023 in what it said was a response to Israel’s war in Gaza. or Israel or those that have been targeted by the Houthis previously now face higher costs, Baker said. Ships with associations to the U.S.,
SupplyChainBrain Gartner: Iran-Israel Conflict a 'Stress Test' for Middle East Supply Chains More from this author Subscribe to our Daily Newsletter! Timely, incisive articles delivered directly to your inbox.
Blog More Resources Home A Volatile Year Ahead: Scenarios for Ocean Freight in 2025 Judah Levine Freightos was delighted to host its seventh annual FreighTech conference recently, bringing together leaders in What does 2025 hold in store for ocean freight ? Stay informed every single week with our free weekly freight update.
Israel has also been attacking Yemen’s Houthi rebel group, which in turn has been menacing shipping in the Red Sea. Hunt, BNSF and GMXT Launch Intermodal Freight Delivery Service in Mexico Freight Forwarding/Customs Brokerage Digital Edition SupplyChainBrain 2025 ESG Guide: Is ESG Still Relevant?
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At the start of the G7 conference on June 16, Carney said that he and Trump were working toward a long-term trade agreement "within the coming 30 days," although Trump left the conference later that day as tensions began to escalate between Israel and Iran.
For manufacturing teams challenged to meet aggressive cost targets while preserving reliability, sourcing partners that combine quality with sharp, transparent pricing are critical. In-house value adds: A shop that prints, die-cuts, embosses and applies selective adhesives under one roof eliminates outside markups, freight and added QA steps.
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. 18th, 2023, Source: Marinetraffic Since mid-November multiple ships have been attacked in the Red Sea by Houthi forces in Yemen.
Chipotle Mexican Grill says its goal to source and sell chicken that’s certified as humanely raised has been delayed because its suppliers weren’t able to make the necessary changes without disrupting supply. Israel Aircraft Industries is remodeling older Air Canada passenger jets to carry heavy freight.
Carriers, freight forwarders, and shippers that were dealing with the China to North America trade lanes were already operating in crisis mode. They are predicting Ocean is going to increase 2-3x from $10,000 to container to over $30,000 per container and that Air freight spot rates and lead times are going to increase 3-4 times.
An escalation in conflicts, such as the Israel-Hamas conflict or a shift in Houthi targets to oil tankers and bulk carriers, could have severe implications for the global economy. If the attacks continue, this crisis could trigger inflation due to higher global freight and insurance rates, along with supply chain disruptions. #5
This is an exciting milestone that accelerates our vision of a digital platform that modernizes international freight and improves global trade. I assumed, after all, that freight carriers would publish APIs simply because they wanted to fill their vessels efficiently. The official announcement is here. First, some background.
Revenue data is sourced from the companies’ websites and market research platforms such as Macrotrends. A behemoth in the logistics industry, UPS has operations in shipping, air freight, trucking, last-mile delivery and drone delivery. FedEx set out to become a global logistics player as a full-service freight operator.
10 questions about Freight Spend Management. There are numerous ways a shipper can reduce freight spend. And freight costs are continuing to rise, pushed upward by factors such as globalized distribution and unpredictable fuel prices. This is an important aspect of managing freight spend. Holy See (Vatican City State).
In an age where food and beverage safety and ingredient sourcing are two crucial product features, blockchain is helping all manufacturers, retailers, and consumers maintain critical visibility. Shoppers want to know how their food and beverage products are made and where their ingredients are sourced.
These attacks are believed to be linked to the ongoing Israel and Hamas conflict. The somewhat good news is that global freight volumes have contracted considerably from what they were in 2021. Earlier this week, the U.S.
Expertise: Sourcing, Supply Chain Analysis, Logistics & Transportation, Logistics Management Consulting, Freight (Maritime, Land, or Air), Logistics Technology Solutions. Hire any of them as your supply chain consultant and see the difference! Matías Guarello Wilhelmy Location: Chile / Remote Rating: 5/5.0 Connect Now!
Freightos Cuts Revenue Forecast Cloud based freight booking and payments tech provider Freightos slashed its 2023 growth forecast amid continued reductions in global trade volumes and freight rates. We anticipate that we may well be highlighting other reduced revenue forecasts from digital freight start ups in the coming weeks.
The group pledged to target vessels believed to be traveling to and from Israel to put pressure on the country to stop the bombing of the Gaza Strip during the Israel-Hamas war. Will stop transporting cargo to and from Israel (Dec 17). Shipping and container transportation company. Suspended passage through the Red Sea (Dec 16).
Since our original commentary indicating that the Houthis terrorist attacks on ships, believed to be linked to the ongoing Israel and Hamas conflict, the situation remains very active and troubling, but confusing at the same time.
– May 7, 2025 Update The Freightos Weekly Update keeps you informed on international freight with key economic data, demand trends, and rate insights. In any case, the reduction in US sourcing from China for the last few weeks will start to be felt soon in fewer May container ship arrivals and lower import volumes.
waters in recent years Ocean freight rates expected to jump after Iran seizes containership Walmart Canada is launching a national pilot program for customers to recycle their reusable shopping bags. Transloading is the process of moving freight from truck to rail or rail to truck. Logistics companies tell CNBC that U.S.
But one source mentioned the unlucky nature of the number “13” is a Norse myth about 12 gods having a dinner party in Valhalla. Uber Freight and others that are testing autonomous big rigs in Texas and surrounding states. UPS late Monday also said it had stopped flying to Israel. Maersk joins FedEx Corp.,
This is due in part to the chokepoints they cause in the flow of global freight as well as the fact that they give people access to resources and commercial activity more effectively. Israel experienced problems as a result, as Israeli ships were not allowed to pass through the canal. Then, a decision was made on the canal's use.
While SONAR data shows loaded containers departing China for West Coast ports approaching record levels, freight rates have suffered a precipitous drop amid weeks of weakening demand. But other market sources say container rates out of China are even lower. West Coast, which now appears out of balance with demand.
New immigration restrictions could curb driver availability, trigger a massive capacity crunch, and pull the trucking industry out of The Great Freight Recession. 1 orders the Department of Homeland Security to end parole programs (for example, for Cubans, Haitians, Nicaraguans, Venezuelans, Ukrainians), a source of drivers.
To get there, diesel or distillate molecules are often called upon to replace heavier and dirtier fuel sources. The Iran-Israel conflict also has a role in the tighter diesel market, Verleger reported.
Given that, attributing the higher benchmark to the increases in futures prices spurred by the Iran-Israel war might not be accurate. It dipped slightly Thursday, but roared ahead by 17 cts/g on Friday, after the military action between Iran and Israel commenced. It cited tanker tracking data as the source for that conclusion.
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