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The Red Pill: The (Slow Yet Steady) Revolution in Global Freight Digitization

Freightos

More Resources Home The Red Pill: The (Slow Yet Steady) Revolution in Global Freight Digitization Eytan Buchman April 15, 2024 Dive deeper into freight data that matters Learn More The March 26th Francis Scott Key Bridge allision feels shocking. Surely all the technology and guardrails should prevent this type of disaster.

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Revolutionizing Freight Forwarding Using Tech with Lionel van der Walt

The Logistics of Logistics

Lionel van der Walt and Joe Lynch discuss revolutionizing freight forwarding using tech, which is exactly what Raft.ai About Raft Raft is the intelligent logistics platform that’s rewriting the technology playbook for freight forwarders and customs brokers in the automation era. IATA’s U.S. cargo subsidiary.

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Freight Cost Volatility Impacts on Inflation – An Analysis

Freightos

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. Let’s start by taking a look at global ocean freight prices. Sources: U.S.

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Containerized shipping joins modern financial world with CME futures

Freightos

Which brings us to international freight. The cost of importing a 40’ container from China to the United States West Coast grew 1,000% from $1,800 in 2019 to over $20,000 in September 2021 according to our Freightos Baltic Index (FBX). It’s challenging to get fixed prices for global freight. Until today.

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Cargo Theft Continues to Rise

Logistics Viewpoints

In the United States, there are a lot of billion dollar industries , led by hospitals, pharmaceuticals, commercial banking, life insurance, and petroleum wholesaling to name a few. According to the National Insurance Crime Bureau (NCIB), cargo theft in the United States is a $15 to $35 billion industry.

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Flexibility in the Face of Uncertainty

Freightos

Most recently, the recent disruptions in the Red Sea that saw ocean freight rates from China to Europe by over 190% and saw transit times lengthen, sea-air services offered a strategic advantage for logistics professionals able to remain agile, by watching trends and jumping at opportunities to ensure a resilient supply chain.

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Short-Sea Shipping: A Viable Alternative for Navigating U.S. & Mexico Capacity Challenges

Talking Logistics

Shippers in the United States and Mexico are facing significant supply chain challenges. Read more Short-Sea Shipping: A Viable Alternative for Navigating U.S. & The post Short-Sea Shipping: A Viable Alternative for Navigating U.S. & & Mexico Capacity Challenges.

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