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Similarly, shifting freight from road to rail or waterways offers lower-emission alternatives for long-haul transport. Smart energy management systems further enhance efficiency by tracking and optimizing energy use in real-time. Ethical sourcing is a fundamental aspect of social sustainability.
Reducing cost was the primary objective, and most operational decisionsfrom sourcing to fulfillmentreflected that mindset. Many organizations are now realizing that resilience is not just a supply chain add-on; it’s a fundamental capability. What if lead times from a key port double? AI also helps with scenario modeling.
They need to make decisions in real-time or near real-time, as the environment around them rapidly evolves. Now, teams can focus on strategy, instead of chasing information across multiple systems and endless email chains, saving time and money, and getting goods on shelves with less overhead and more reliability.
We invest a huge amount of time and resources into our people and making sure that we have the best digital talent in the industry and that we’re doing the most innovative things in the supply chain. Just last year we finished integrating the sales process into the end-to-end supply chain process. That has worked out well for us.
Home Container rates surging as shippers rush ahead of deadlines – June 10, 2025 Update The Freightos Weekly Update keeps you informed on international freight with key economic data, demand trends, and rate insights. Join 60,000+ supply chain experts who never miss an issue! Start your week with the industry insights others miss. "
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.
Home Meet Freightos Procure: The Next Evolution of SHIPSTA Freightos Procure rebrands SHIPSTA, enhancing procurement with market intelligence and seamless booking within the Freightos Enterprise suite, empowering shippers to manage the entire freight lifecycle efficiently. Leadership Perspective We’re not just changing a name.
The logistics, supply chain, freight transportation, warehousing, and inventory management sectors often operate on razor-thin margins. To respond well to this “new normal,” planners are entering an era of greater cross-industry collaboration which isn’t just beneficial—it’s essential for survival and resilience.
Autonomous Freight Trucks. Autonomous Freight Trucks. Shortages of drivers is just one of the contributors to the difficulties shippers are having in securing the truck capacity they need. It is one reason experts on logistics are following the autonomous freight truck market and new approaches to freight procurement closely.
Bringing Freight Online With WebCargoNet And Freightos. But this story is more about a vision for a better future of freight, than just another acquisition. In many respects, this should be a good time for the logistics industry. In many respects, this should be a good time for the logistics industry.
Neal Huffman and Joe Lynch discuss Farelanes: real time lane pricing for everyone. Neal is the Chief Executive Officer and Co-founder of Farelanes, a company specializing in providing real-time lane pricing data for the logistics industry. He transitioned to enterprise software and quickly latched on to the cloud deployment model.
In today’s fast-moving supply chain environment, data is as valuable as the freight itself. With global transportation costs climbing and carrier networks becoming more complex, transportation spend management has become a strategic priority — not just a back-office function. However, this data often suffers from: 1.
And third, it is the starting point for understanding the level of an organization’s GHG emissions at a given point in time. FourKites , the global leader in real-time supply chain visibility, has launched a Sustainability Dashboard where companies can see miles traveled to create a baseline for emissions.
Home Meet Freightos Procure: The Next Evolution of SHIPSTA Freightos Procure rebrands SHIPSTA, enhancing procurement with market intelligence and seamless booking within the Freightos Enterprise suite, empowering shippers to manage the entire freight lifecycle efficiently. Leadership Perspective We’re not just changing a name.
About Kristina Bernarducci Kristina Bernarducci isnt just building partnershipsshes building community. Offers national pallet management services, acting as a single source for pallet supply, retrieval, and tracking. Kristina and the Bettaway team are big supporters of Wreaths Across America. Bettaway Beverage Distributors, Inc.:
LTL capacity has routinely been used as a source of added capacity when full truckload becomes unavailable. LTL capacity is quickly becoming harder to find, and full truckload carriers have already started to turn away freight. Limit the amount of time spent waiting for loading and unloading. Get Your Free Copy Here.
As consumer spending fell, the days of escalating ocean freight and extreme shipping variability eased this year. Process latency, the time for an organization to make a decision using a traditional S&OP process, is two-to-six weeks. The traditional leader values cost reduction but is blind on how to value time.
CVSA-certified inspectors will commit a blitz of inspections across North America, creating a sudden strain on resources for both domestic and cross-border freight. The best way to avoid disruption is to source and have readily available resources to expand capacity at a moment’s notice. What Can Shippers Do About the Safety Blitz.
For the first time since 2020, I was back in New York City for the NRF Big Show. According to a company blog post, Amazon will also now provide sellers with an estimated capacity limit “for the following two months to help sellers plan over a longer time horizon.” I will cover this in an article next week.
For auto parts, many of which are time-sensitive and tied to just-in-time manufacturing schedules, any lag in the supply chain can result in stalled production. Leveraging Technology and Real-Time Data Advanced technology is critical to navigating disruption. Here’s how.
However, at its heart, production in the Asia-Pacific region was severely curtailed for a period of time for issues ranging from the COVID impact on worksites to energy shortages, to port capacity limits. So, there was a supply disruption and an increase in demand hitting the market at the same time.
When the ball drops on Times Square to welcome in 2022, the employees at the Port of Long Beach will celebrate moving 9 M TEUs in imports: a 26% increase year-over-year. As ports become more congested, lead time variability increases. Freight Rates 2019-2021. As I rolled holiday cookies in my hands, I watched TV. I am worried.
Indicator 2: Freight Spend Seems to Be Spiraling Out of Control. Indicator 2: Freight Spend Seems to Be Spiraling Out of Control. Another indicator of switching from in-house to managed logistics transportation services is expanding freight spend. That amounts to $800 in cost just for finding coverage across 116 shipments.
For freight, managing black swan events, like risk mitigation , means finding problems that are on the verge of causing disruption and taking advantage of resources to minimize their impact. For shippers, this means finding a way to handle changes in inventory and replenishment, as well as managing outbound freight and reverse logistics.
The following is a 5,000 word exploration of Maersk’s strategic shift to end-to-end logistics services, based on open sources. Demand for ocean freight was lower than anticipated, and Hanjin Shipping, another top ten ocean liner, was already teetering on the verge of bankruptcy. The Freight Game of Thrones.
Hazardous freight is the most likely to get “rolled” at the dock. Time For Action. On the one hand, we should celebrate the fact that the aggregate industry moved 38% more freight in 2021 when compared to 2019. Today, we are nearing the end of the fourth quarter of corporate reporting. profit for Q3 on $16.6B
As logistics networks become increasingly complex, the volume of real-time data generated by devices, equipment, vehicles, and facilities is growing rapidly. Edge computing processing data locally, near the source has emerged as a method to address these challenges by reducing latency and improving resiliency.
Image source: Stefan de Kok 2. Take Shamir Optical , for example: by automating planning decisions, they scaled operations across 20 locations each with 35,000 SKUswithout adding to their team of just three planners. Demand forecasting has evolved dramatically in recent years. What is Demand Forecasting in Supply Chain Management?
At this point in the production chain, suppliers throughout the complex delivery network must deliver their products just in time (JIT) and just in sequence (JIS) for vehicles to be assembled as planned. They can also propagate any changes or decisions in real time across all areas, driving cost efficiency.
The Factory Gate Pricing (FGP) and Primary Freight (PF) strategies, as adopted by major grocery retailers, are causing a shudder up the spine of many retail suppliers. What are Factory Gate Pricing and Primary Freight strategies? Otherwise known in shipping terms as FIS (Free Into Store). The product pricing therefore becomes ex works.
Working smarter, not harder, is critical for everybody in transportation today, but it’s especially important for freight brokers in light of the increased competition in the marketplace and the ever-more demanding expectations of shippers. What does “working smarter, not harder” mean for freight brokers? Working smarter.
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.
It is not just continually changing demand and material and equipment constraints across a company’s value chain that matters. The network a company gains visibility to with their control tower is just one of many networks. That is how enterprise and supply chain software solutions work.
The major challenge faced by customers of real-time visibility data had always been how to operationalize what could quickly become overwhelming quantities of fast-changing information. Project44 has spent years painstakingly stitching together a web of APIs connecting thousands of supply chain participants.
Still Foggy at the Top – What the New Logistics Report Means for the Rest of Us For all the hope around trucking bouncing back, the new CSCMP “State of Logistics Report” just affirmed what most small carriers already feel: Things are still off. That means it’s still expensive to move freight, and the system isn’t getting more efficient.
About Felipe Capella Felipe Capella Co-founder and CEO of Loadsmart , a leading digital freight technology company. From digital freight brokerage and consultancy to software tools, they empower shippers, carriers, and warehouses to move more with less—increasing efficiency, reducing costs, and enhancing service quality.
We built one of the first Mobile TMS apps , have the only end-to-end LTL eCommerce Freight shipping applications for B2B shopping carts, continue to innovate on internal systems, and have won several accolades for our digital marketing efforts. You can say technology is in our DNA. 3D Printing for the Modern Crafts Movement.
The global economy has gone through an incredibly tumultuous time since 2020. The sheer influx in demand, combined with the variety of supply chain stressors, also catapulted global freight to new levels of infamy (although none perhaps as famous as the Suez Canal blockage). Freight rates as a forward looking indicator of CPI.
At the same time, Logistics Service Providers (LSPs) are also feeling pressure. As freight carrier rates and fuel prices rise, and competition for customers heats up, their margins are shrinking. market at record rates during what experts are calling a freight recession. In my recent blog post about the U.S.
Just as any chef will tell you that anything less than the best quality ingredients can render a dish inedible, so too, bad data can turn any data-driven IT effort sour. For example, my company relies heavily on “lat-long” data, or data that provides latitude and longitude coordinates for freight. So, what is quality data?
Vehicles are sidelined, drivers grow frustrated, and delivery times slip. Still, it can be just as disruptive to supply chain performance. What Happens When Fleet Leadership Is Unstable Losing a fleet manager isn’t just an HR issue. It’s not just savings. Disruptions in decision-making. Compliance risks.
Freight Truck Shortages Are Changing The Face Of Logistics. Original article: Freight Truck Shortages Are Changing The Face Of Logistics. Shortages of drivers is just one of the contributors to the difficulties shippers are having in securing the truck capacity they need. This is just a different type of equipment,” Ms.
Just when things couldn’t possibly get any crazier, 2020 finally came to a close. We’ve found our customers are urgently seeking ways to better plan around supply chain demand volatility and improve how they source materials and products from suppliers. Planning capabilities supporting supply chain resilience will grow in adoption.
Media sources are filled with prognostication. The chart below shows that the index decreased to a value below zero earlier this year, for the first time since 2020. The Freightos Baltic Index: Global Container Freight Index shows that rates over the last six months are in-line with the historic average between 2016 and 2020.
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