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Thinking back on the many presentations, panel discussions and conversations over the course of the conference, a few unifying themes come to mind. As the logistics technology sector continues to mature, the number of tools, solutions and platforms that supply chain stakeholders are using (juggling?)
We welcome Shippers to join Emily Stausbll, Xeneta Senior Shipping Analyst, for a roundtable discussion to unpack: Global market insights and trends for Ocean Freight Impact of the new alliances on capacity, schedule reliability and freight Geopolitics and other on-going global events and their impact on supply chain including how new U.S.
Freight transportation makes up over 10% of total global carbon emissions. With rapidly increasing freight demand worldwide, it is expected to become the highest-emitting sector by 2050.1 On the other hand, increased reliance on faster but less eco-friendly modes like air freight during peak seasons could explain carbon increases.
” In this type of presentation, I struggle to sit in my chair. I prefer a grounded, data-driven presentation focused on improving value. The report mentions the freight recession, but is largely silent on the impact on business resiliency. As I listen to most presentations, I ask myself the question of how we got here.
More Resources Home Empowering Freight Forwarders with AI: Insights from Industry Leaders AI Popup #2 Gaurav Bajaj July 8, 2024 Dive deeper into freight data that matters Learn More Empowering Freight Forwarders with AI: Insights from Industry Leaders For years, technology has been cast as a threat to freight forwarders.
For the logistics industry, this could mean delays in adopting critical policies, such as emissions standards for freight vehicles, safety protocols for autonomous trucks, and infrastructure funding allocations. Furthermore, the absence of clear federal direction may lead to regulatory fragmentation.
More Resources Home Empowering Freight Forwarders with AI: Insights from Industry Leaders AI Popup #2 Gaurav Bajaj July 8, 2024 Dive deeper into freight data that matters Learn More Empowering Freight Forwarders with AI: Insights from Industry Leaders For years, technology has been cast as a threat to freight forwarders.
Mary O’Connell and Joe Lynch discuss the Bloomberg of Freight. Check Call gives insights into the world around 3PLs and freight brokers. Check Call gives insights into the world around 3PLs and freight brokers. Key Takeaways: The Bloomberg of Freight. Access to freight pricing insights. About Mary O’Connell.
Road freight alone accounts for approximately 7% of global CO2 emissions, with maritime and air transport further amplifying the environmental burden. Key strategies include: Electrification of Transport: The use of electric vehicles (EVs) for freight and last-mile delivery reduces emissions and operational costs.
And the lack of demand visibility is a big contributor to China-US ocean freight rates doubling to the West Coast since June, and passing $4,000/FEU to the East Coast – which was surprising as most analysts thought that rates and profits would freefall. Is ocean freight pricing broken? Was it profiteering?
In addition, other infrastructure repairs which impact freight transportation in and around Ashville, North Carolina are still not completed. The logistics, supply chain, freight transportation, warehousing, and inventory management sectors often operate on razor-thin margins. tallying a staggering $182 billion in damages.
And the lack of demand visibility is a big contributor to China-US ocean freight rates doubling to the West Coast since June, and passing USD4,000/FEU to the East Coast – which was surprising as most analysts thought that rates and profits would freefall. Is ocean freight pricing broken? Are Ocean Freight Prices Absolutely Broken?
Poor visibility in freight allocation is a leading reason shippers experience difficulty in managing freight, and this problem is evidence of a disconnect between the person managing freight and company stakeholders. Yesteryear, freight allocation was simpler. Download Here. New Series.
Freight Forwarding Basics with Miles Varghese. Miles Varghese and Joe Lynch review and discuss freight forwarding basics. A freight forwarder is an agent in the supply chain whose objective is to organize a shipment, acting as the intermediary between the exporter or importer and transportation companies. About Miles Varghese.
the bill seeks to restore and enhance the Federal Motor Carrier Safety Administration’s authority to address fraud and deceptive practices in freight transportation. With freight fraud costing the industry an estimated $35 billion annually, this bill equips the agency to protect consumers, businesses, and the supply chain.
FreightFest 2023 is presented by Truck N’ Hustle. About FreightFest 2023 FreightFest 23 , presented by Truck N’ Hustle, is an eagerly anticipated event in the Trucking, Transportation & Logistics industry. Rahmel Wattley and Joe Lynch discuss the FreightFest 2023.
While each presents unique benefits, their value depends on disciplined implementation and integration into business-critical workflows. Environmental Monitoring in Sensitive Freight Cold chain logistics, chemical shipments, and electronics distribution increasingly rely on real-time temperature, humidity, and shock sensors.
Below you can fill out the form which will grant you access to download the "Major Factors to Consider for Efficient LTL Shipping" presentation, to include a transcript and a live recording playback. Download the Efficient LTL Shipping Webinar Webinar Replay, Transcript, and Presentation by Filling out the Form Below.
More Resources Home Empowering Freight Forwarders with AI: Insights from Industry Leaders AI Popup #2 July 8, 2024 Dive deeper into freight data that matters Learn More For years, technology has been cast as a threat to freight forwarders. This conversation is far from over. In fact it’s just the beginning.
While large national networks comprise a significant percentage of transportation service providers' shipping options, several challenges present if these are the only OTR freight transportation sources considered, including. Download the White Paper: Over the Road Freight Management Trends. current LTL transportation ?rates
Grain carloads presented a more optimistic picture, increasing by 11.3% The consistent job growth has sustained consumer-driven freight demand, crucial for the rail industry, but signs of a cooling labor market warrant cautious optimism. GDP, presents another critical factor. Nonetheless, year-to-date figures reveal a 1.6%
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.
Navigating Potential Risks Holistic interoperability does present challenges, both for the provider and users of those solutions. Doubling Down on Integrating AI into Market Strengths End-to-end, interoperable technology strategies arent new, per se, but few companies are positioned to actually carry them out.
Inventory tracking and visibility must be present from the first mile through the final mile, reflecting the entire shipment lifecycle through white glove services. Indicator 2: Freight Spend Seems to Be Spiraling Out of Control. During times of high market volatility, freight spend will inevitably grow faster than anticipated.
Carriers are generally optimistic about load volume, but access to well-paying freight and increased operational costs remain at the forefront of their concerns. Likewise, supply chain disruptions, DOT regulations, and driver shortages are ever-present issues. However, preferences for specific tasks vary.
Data security at the edge also presents risks. Environmental factors present additional challenges. In a typical logistics network, operators must provision, update, and monitor large fleets of devices sensors, cameras, connected and autonomous vehicles, and mobile computers.
Last week, I gave the keynote presentation at the Dangerous Goods Symposium , sponsored by LabelMaster and the DG Exchange. In my presentation, I highlighted five key transportation trends that are changing supply chains from a technology standpoint. The primary reason companies buy a TMS is for freight savings.
Containerised Freight Trends, Challenges and Opportunities in 2025: How Can Partnerships Resolve the Challenges and Mitigate Costs? Xeneta’s data comprises over 280 million contracted container and air freight rates and covers over 160,000 global trade routes.
Cerasis is by legal definition a freight broker. Although our claim to fame is our web based TMS freight rating technology, the Cerasis Rater , which includes a technology suite of products and integrated managed transportation services , it is in our interest to understand the future of freight and how we as freight brokers fit in.
Presentation Highlights Marcus LeMaster from Schneider Electric initiated the session, introducing the sustainability sub-committee of the Shippers Council. The infographic and playbook document outlines were presented, with the sub-committee inviting comment.
Samuel is Director of Product Marketing at DAT Freight & Analytics ‘ Shipper segment. DAT operates the largest truckload freight marketplace in North America. DAT iQ provides freight intelligence to inform your budget and procurement strategies so you can navigate market volatility with greater confidence and agility.
Inventory tracking and visibility must be present from the first mile through the final mile, reflecting the entire shipment lifecycle through white glove services. Indicator 2: Freight Spend Seems to Be Spiraling Out of Control. During times of high market volatility, freight spend will inevitably grow faster than anticipated.
While passenger electric cars have seen widespread adoption, transitioning the freight industry to electric trucks has proven to be very challenging, for multiple reasons. So let’s dive right into the major challenges standing before the green and electric freight truck revolution.
FreightWaves is the leading freight intelligence provider, offering current digital intelligence and context to the freight community on a central platform. Freightonomics is at the crossroads of economics and freight. FreightWaves provides current digital intelligence and context to the freight community on a central platform.
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.
Logistics and Freight Trends, Challenges and Opportunities in 2025: How Can Partnerships Resolve the Challenges and Mitigate Costs? Synopsis: This event will delve into pressing issues and upcoming trends shaping the logistics and freight sectors in the coming year.
However, the extent of inland freight movement will depend largely on inventory levels, many of which were already elevated in anticipation of the tariffs. For inland freight demand to surge, inventory levels in interior markets will need to show meaningful reductions. ports in the coming weeks. While direct U.S.-bound
Brad Wheeler and Joe Lynch discuss the freight-tech dilemma. Brad serves as the Senior Director of Customer Strategy at Emerge , the leading freight procurement platform. Transforming the $800 billion freight industry, Emerge empowers meaningful logistics relationships through its award-winning Freight Procurement Platform.
This landmark event promises to be a confluence of industry leaders, innovators, and AI enthusiasts who are spearheading transformations within the freight industry. Celebrate Innovation with the AI Excellence in Supply Chain Award A highlight of the event will be the presentation of the new AI Excellence in Supply Chain Award.
In weaker markets, carriers are generally more willing to accept freight, so rising rejection rates in a down market carry more weight. While much of this decline stems from mode shift—particularly in long-haul freight moving to intermodal—recent trends suggest that overall demand may also be softening.
Most certainly, trucking statistics are easy to digest if they are presented in a fun way, with lots of color and less clutter. 5 Best Transportation Management Optimization Practices Utilizing Strategic Freight Shipping : The mantra for all transportation professionals is simple: reduce costs and increase customer satisfaction levels.
On August 13, the DOT announced that Ports in Oakland, Seattle and Tacoma have all been added to its Freight Logistics Optimization Works (FLOW) network, joining the Port of Los Angeles and the Port of Long Beach to round out the five largest West Coast shipping hubs. according to the Walmart Marketplace website. from May’s 2.24
For the freight world holiday shipping or for shippers in any peak season (such as those who ship plants for the spring time) it gets chaotic, everyone is trying to clear docs, empty warehouses, and get their books in order. We lose valuable transit days with shipments when carriers aren’t moving freight.
To that end, every warehouse manager’s role is to manage the physical environment, loadshifting equipment and people, to decrease the chances of collision and accidents, and often, to help the flow of freight via outbound and inbound freight management; an entire process known as warehouse traffic management. Read the full Post.
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