Freightos

DECEMBER 2, 2021

You might not think about shipping containers and ocean freight when you click “buy” on your Amazon order, but there’s a direct connection between the two. Starting in July 2020, the impact of this trend became obvious when ocean freight prices shot up, and have continued rising. to $0.40, or about half a percent of the sticker price.

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The Logistics & Supply Chain Management Society

OCTOBER 14, 2021

The sixth assessment report by the Intergovernmental Panel on Climate Change (IPCC) published in August 2021 once again stressed the importance and urgency of decarbonising all sectors of the economy. Also in road freight vehicles, battery-electric or hydrogen-powered drivetrains are close to market launch. technologies and practices.

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Supply Chain Matters

SEPTEMBER 27, 2023

Business broadcasting network CNBC reported today that San Francisco based freight technology start-up Flexport has fired its CFO. The CNBC report, citing informed sources, indicates that CFO Kenny Wagers last day will be this Friday. In addition to the CFO , the company’s human resource executive reportedly resigned.

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GlobalTranz

DECEMBER 22, 2020

To help shippers prepare, we will examine contributing factors that will play a significant role in the 2021 truckload freight market. Consumer Spending Shifts Will Continue To Impact The Truckload Freight Market. Rapid shifts in sourcing increased shipping spend and left routing guides useless for meeting demands.

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Freightos

JUNE 6, 2023

The Initial Hurdle: 2021’ Freight Fiasco During the COVID-19 pandemic, Conor from Fort Toys , like many other entrepreneurs, found himself dealing with skyrocketing demand… and skyrocketing freight costs. to 0.85 (Source: ShipBob ). One of the most prominent shifts has been sourcing patterns. The key takeaway?

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Supply Chain Matters

AUGUST 25, 2023

Supply Chain Matters This Week in Supply Chain Tech updates readers on reports indicating that innovative digital freight brokerage start-up Convoy is exploring strategic options. In turn, that has put pressure on traditional and digital freight brokers who typically sell their logistics services to shippers on a contract rate basis.

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Logistics Viewpoints

NOVEMBER 8, 2023

The dashboard is part of a broader Sustainability Hub, which allows companies to collaborate and access freight emissions from FourKites tracked freight. FourKites Sustainability Dashboard also enables companies to identify the highest source of freight-related emissions across the supply chain.

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Supply Chain Matters

AUGUST 6, 2022

In this Supply Chain Matters capsule update commentary, we highlight published reports this week indicating that retailer Walmart is initiating added salaried staff reductions. In late May, reporting on Q1-2022 quarterly financial performance, t he retailer stunned Wall Street with a reported 25 percent decrease in net income.

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Logistics Viewpoints

FEBRUARY 7, 2024

On top of that, some retailers are developing sustainability scorecards for items, allowing consumers to see hoe sustainably sourced and delivered their order is. Knowing which source of freight-related emissions are the highest can lead to improved decision making in shipping decisions.

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Freightos

JUNE 15, 2021

Disclaimer: This article is a zoom out for the less freight-inclined. If you have a deeper understanding of freight, you might want to check out our Freightos Baltic Index daily container index instead. Let’s talk freight. . And it’s not just ocean freight. More freight costs, higher consumer costs.

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The Logistics of Logistics

DECEMBER 1, 2023

Mark’s 35 years in transportation and logistics includes 17 years of experience with Transplace (now Uber Freight), where he held the position of Sr. An experience that was built by freight practitioners for freight practitioners. Freight Settlement Automation: Simplify and streamline freight payment process.

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Logistics Viewpoints

JULY 26, 2022

Shippers, despite all obstacles, are expected to reduce freight spending, drive efficiency, and improve customer service every year with incremental improvements year-over-year. Many analysts report that shippers are increasingly looking at digital solutions to improve supply chain performance. Ease of use is also essential.

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The Logistics of Logistics

AUGUST 28, 2023

About DAT DAT Freight & Analytics, a subsidiary of Roper Technologies (NYSE: ROP), boasts the largest North American truckload freight marketplace, with data representing over 400 million freight matches and $150B+ in annual transaction data. Greenscreens.ai’s dynamic pricing infrastructure built to grow and protect margins.

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Resilinc

FEBRUARY 22, 2022

“Oil prices have risen to well over $90 a barrel — their highest levels since 2014 — in recent days as fears of war have grown,” reported the New York Times last week. The post Supply Chain Risk Report: Ukraine-Russia Conflict appeared first on Resilinc.

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Freightos

MARCH 17, 2019

The annual fixed-price contract is the current go-to for ocean freight procurement. Fixing a price is almost futile in a volatile market, and ocean freight now has much more volatility (both frequency and magnitude) than most other commodities. Source: SGX, Freightos Baltic Index. Source: Freightos Index Linking Survey.

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Freightos

DECEMBER 4, 2015

The broader climate issue.and freight’s role. The emissions from freighting Shawn’s TV is a miniscule percentage of this year’s 33 billion ton cube. Finding freight’s contribution to GHG took a lot of digging. . Click the button on the right to see our sources. kg of carbon emissions. This is a big deal.

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20Cube Logistics

FEBRUARY 17, 2022

The rapid rate of technological change and faster access to a greater amount of data are resulting in a transformation of the freight forwarding process. Ø An immense amount of information is required from multiple sources during various stages. Considering cost-saving opportunities such as freight consolidation.

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GlobalTranz

NOVEMBER 30, 2021

Capturing carrier data gives you more visibility into your freight spend and enables you to make data-driven decisions that positively impact your business. Leverage TMS technology platforms to source OTR transportation capacity in tight markets, keep information in context, and stay informed with real time visibility.? a shipment?doesn’t

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GlobalTranz

DECEMBER 5, 2018

Black swans in the supply chain refer to unexpected, unusual disruptions within the supply chain, reports Melanie Nuce of Inbound Logistics. 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.

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GlobalTranz

MARCH 9, 2017

Launching your business in the freight broker and logistics fields can be an exciting journey. One of the best ways to get the knowledge you need to excel is to turn for freight broker tips in online groups. Unlike official courses where you get the basics about the trade, online groups provide first-hand freight broker resources.

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Supply Chain Matters

JUNE 23, 2023

This week, the Council of Supply Chain Management Professionals (CSCMP) , with sponsors Penske Logistics and consulting firm Kearney , released the 34th Annual State of Logistics Report to organization members and the industry as a whole. Background As our readership is likely aware, this report provides a snapshot of the U.S.

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Intelligent Audit

MAY 12, 2022

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. .

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Supply Chain Matters

APRIL 7, 2023

freight rates have reached their lowest levels in nearly six years. What was eye catching in the report was that the March reading the was the lowest in the six and one-half year existence of the LMI index. In essence, it is confirmation of a freight recession condition. percentage points below the February value of 54.7,

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Freightos

OCTOBER 31, 2022

But then global freight kicked in. . It really got tricky when we hadover thousands of unitsin production and were starting to book freight and suddenly realized that the cost of freight was almost 4 or 5X what we had budgeted. Take Conner, the manufacturer of FORT, a magnetic pillow fort. The results tell a mixed story. .

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Logistics Viewpoints

MAY 27, 2022

North American Transborder Freight up 23.8% Dick’s Sporting Goods reported its Q1 financials this week, beating expectations but lower its outlook. The more cautious outlook is driven by wage and inflationary pressures, as well as increased freight costs. billion of freight, up 15.7% billion of freight, up 20.9%

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Supply Chain Matters

MAY 22, 2023

freight and logistics industry continues to mitigate recessionary conditions including the April 2023 Logistics Manager Index reaching its lowest level lowest level in six years and one-half years. freight, logistics and parcel movement industry. The April report commentary took note that European and U.S.

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GlobalTranz

FEBRUARY 28, 2017

The freight industry of today is evolving rapidly. It is no longer bound by the traditional constraints of the economy, and Amazon is gearing up to begin expanding to be the best of the global freight shipping providers. 8 Freight Shipping Trends Shippers Must Know for 2017. Freight Rates Will Increase.

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Freightos

APRIL 2, 2020

If you don’t want to click through, you can subscribe to our weekly roundup or visit our own COVID-19 update page , which includes expert tips for managing freight during the crisis alongside the latest developments in logistics. Finally, you can always get free access to our Freightos Baltic Index daily freight index here.

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Zipline Logistics

JUNE 29, 2021

The freight market has been on the receiving end of several systemic shocks that continue to affect industry providers and shippers alike. And when you add in the current labor and commodity shortages along with an inflationary environment, it is apparent why freight rates have been steadily climbing. increase from the previous period.

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Talking Logistics

NOVEMBER 15, 2016

Freight Audit may not be the sexiest aspect of transportation management, but that doesn’t mean it doesn’t play a critical role in helping companies effectively manage and control their transportation spend, as well as provide valuable insight to drive continuous improvement.

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The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

Identifying sources of Carbon emissions. These are classified into sources of emissions as Scope 1, Scope 2 and Scope 3. These are considered “indirect” greenhouse gas sources. Scope 3 emissions are the amount of carbon emitted by vendors and suppliers in your value chain, another indirect source.

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Freightos

NOVEMBER 11, 2015

Wouldn’t it be amazing if someone could cut through the hype and summarize the key freight and logistics trends every month? If you prefer to find the news yourself, head over to our free roundup of nearly 100 digital logistics and supply chain news sources. China’s slowing economy is generally bad news for the freight industry.

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Supply Chain Matters

OCTOBER 24, 2022

In conjunction with the announcement, Bloomberg reported that Amazon is poised to take an equity stake in the corporate parent of Hawaiian Airlines as a part of this deal. The report noted that the move steps up the rivalry with parcel carriers FedEx and UPS as well as adding an added source of recurring income for Hawaiian Airlines.

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GlobalTranz

OCTOBER 27, 2021

As reported by Steve Banker of Forbes , “ When a shipper decides it needs to improve its transportation performance, it typically attempts to achieve this by either buying a transportation management system (TMS) or outsourcing transportation planning and execution to a managed transportation services (MTS) provider.” Working with a?

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Operations and Supply Chain Management

OCTOBER 18, 2021

Freight heavyweight J.B. Hunt Transport issued a sobering outlook that extends beyond the current chaotic peak season, the WSJ Logistics Report’s Jennifer Smith writes, with seaport congestion growing heading toward the holidays and retailers looking to maintain restocking efforts into the first quarter. Sourcing Journal).

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Supply Chain Matters

SEPTEMBER 6, 2022

The Wall Street Journal reported this week (Paid subscription or metered view) that ocean container freight rates related to the most active global shipping lanes continue to decline amid what is traditionally considered the peak shipping period leading up to the holiday fulfillment season in the November-December period. Bob Ferrari.

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Talking Logistics

MARCH 7, 2016

Freight tons moving on the nation’s transportation network will grow 40 percent in the next three decades while the value of the freight will almost double, increasing by 92 percent, according to the latest projections by the U.S. trillion in 2015). That is the “hundreds of billions of dollars” question.

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