article thumbnail

Air Freight Explained: Calculating Costs and Price Trends

Freightos

In general numbers, air freight is usually 5X the price of trucking and 16X the price of ocean freight, according to the World Bank. Cost – Simply put, air freight comes with a hefty price tag. Air freight is priced based on both size and weight, which can scale price very quickly. Airport transfers.

article thumbnail

This Week in Logistics News (July 15 – 21)

Logistics Viewpoints

Nearly two thirds of the company’s carbon emissions come from ingredient sourcing, which is largely based in agricultural practices, according to the company. The investment will impact over 100,000 acres of wheat-producing farmland, which is nearly double the amount of acreage used to grow the wheat sourced for DiGiorno products.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

This Week in Logistics News (October 7 – 13)

Logistics Viewpoints

But one source mentioned the unlucky nature of the number “13” is a Norse myth about 12 gods having a dinner party in Valhalla. It has been an anemic peak season for ocean freight haulers as container shipping rates have plunged from pandemic highs and Americans and Europeans continue to pull back on purchases of consumer goods.

article thumbnail

How to Reduce Shipping Costs: 8 Effective Ways

Ware2Go

Why Shipping Costs Matter. In today’s anything, anytime connected world, shipping costs and delivery speed have become make-or-break factors for small-and-medium sized businesses (SMBs) across the business-to-business (B2B) and business-to-consumer (B2C) spectrum. Customer expectations for shipping are higher than ever.

article thumbnail

Flexport Acquires Convoy’s Core Technology

Supply Chain Matters

After reports last week indicating that Seattle based digital freight start-up services provider Convoy was preparing for a possible sale or winding down of business operations there are indications that freight logistics platform provider Flexport will be the acquirer of Convoy’s underlying technology.

article thumbnail

This Week in Logistics News (April 24 – 30)

Logistics Viewpoints

Truck driving shortage impacting cost of goods. The figure includes Panasonic’s purchase of the remaining 80 percent of shares in Blue Yonder for $5.6 The program costs $98 a year, and includes unlimited free delivery from stores, including groceries, plus gasoline discounts. billion, plus debt repayment.

article thumbnail

This Week in Logistics News (April 9 – 15)

Logistics Viewpoints

Amazon is taking a step to offset its rising costs, announcing Wednesday it will add a 5 percent “fuel and inflation surcharge” to fees it charges third-party sellers who use the e-commerce giant’s fulfillment services. At Target.com, consumers can only purchase four pieces of a given baby formula product at a time.