Freightos

JUNE 15, 2021

A third of all cargo is carried in passenger planes. So to meet capacity, airlines started to convert passenger planes into cargo planes at scale. When trying to book a specific slot on a container ship (yes, the ones that can handle the equivalent of 20,000 containers), prices have exceeded $16,000 (!). Credit: Lufthansa ).

Global 395

Global Supply Chain Price Reduction Supply and Demand 395

Supply Chain Game Changer

JUNE 23, 2021

The emergence of COVID-19 changed many things in the world of business, and transporting cargo is no exception. Since the entire pandemic exploded in 2020, air cargo charters expanded from serving niche markets to playing the role of an unsung hero in aid and relief. Top 5 Benefits of Air Cargo Charters. Reliability.

Cargo 57

Cargo Industrial Industry Expense Reduction 57

Freightos

MARCH 19, 2024

More Resources Home Navigating the Waves: Exploring Digital Booking in Ocean Logistics at TPM 2024 Judah Levine The sessions at this year’s TPM, the preeminent North American ocean freight conference, was more focused on the role of technology in ocean logistics than ever.

Logistics Network Optimization Software 267

Logistics Network Optimization Software eBook Price Reduction Fiji 267

Freightos

MAY 10, 2015

There are tens of thousands of books about logistics and supply chains. Amazon has 31,817 books about supply chain and 24,934 about logistics. That’s 56,751 supply chain and logistics books. All those books would weigh 49,000 kilograms – half the cargo mass of a Boeing 747-200F. Empire State Buildings.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Supply Chain Software Logistics Network Optimization Software Supply Chain 120

Freightos

AUGUST 29, 2019

The best of them accumulated books of business contacts, which moved companies with them. In their words: “freight made personal” waves proudly on Air France KLM Martinair Cargo ’s banner. “We So, they broadened, rolling out new service offerings like guaranteed delivery times, booking commitments and improved shipment tracking.

Logistics Network Optimization Software 202

Logistics Network Optimization Software Real-time Visibility Price Reduction Cost Reduction Strategies 202

Freightos

APRIL 6, 2020

Meanwhile, massive passenger airline restrictions dramatically reduced air cargo capacity, sending rates through the roof. It’s been clear to us that global trade needs to rely on digital pricing, quoting, and booking to keep up with an already agile environment. And, of course, then the potential recession started to tamper demand.

Logistics Network Optimization Software 211

Logistics Network Optimization Software Company Logistics Price Reduction 211

Talking Logistics

APRIL 2, 2021

Q1 2021 is in the books. Unless you’re a cargo ship, anchored and waiting.) —- Suez Canal Opens, but Shipping Will Be Snarled for Months (WSJ – sub. The pandemic is still with us, but we have vaccines and toilet paper, so an improvement from last year. Onward and upward we go! req’d) America’s Imports.

Supply Chain 132

Supply Chain Logistics Cargo Supply and Demand 132

Freightos

SEPTEMBER 13, 2023

But easing rates – even slight declines – in the weeks just before Golden Week when there’s typically upward pressure on prices, together with many anecdotal reports of decreasing ocean bookings, point the other direction. Freight news travels faster than cargo Get industry-leading insights in your inbox. kg since early August.

Asia 286

Asia Europe China Freight 286

Freightos

JANUARY 29, 2020

Market-optimized pricing and capacity will finally become the standard in air cargo – if the industry is able to follow the lead of other industries, including passenger air travel, that have leveraged digitization to reach this goal. Air cargo is a different story. Other industries have leveraged this digital shift.

Cargo 234

Cargo Optimization Software Modeling Software Demand Planning Software 234

Logistics Viewpoints

FEBRUARY 9, 2024

In a strange twist, all the parking spaces for private planes in Las Vegas are currently booked, according to the Associated Press. Delta Cargo , a unit of Delta Air Lines Inc., But her biggest challenge, as it turns out, is finding parking for her private plane. I guess she’ll have to work some of that Taylor magic.

Logistics Network Optimization Software 217

Logistics Network Optimization Software Las Vegas Logistics Supply Chain Planning Software 217

Freightos

NOVEMBER 11, 2021

On the horizontal carrier integration front, Maersk has doubled down on its extension from ocean consolidation (Hamburg Sud, 2017) to air cargo, increasing Maersk Air by 33% with three leased cargo planes and two new Boeing purchases. Image via StarAir.dk). Behind the Maersk shift. One goal, two different motivations.

Price Reduction 177

Price Reduction Logistics Network Optimization Software Cost Reduction Strategies Expense Reduction 177

Freightos

DECEMBER 2, 2021

So in January, as players across the global freight industry were discussing how to navigate higher freight rates, delays, and capacity shortages , Freightos.com, a global freight booking platform and part of the Freightos Group, reached out to our customers to find out how logistics disruptions are impacting them. Start shipping now.

Price Reduction 177

Price Reduction Cost Reduction Strategies Freight Supply Chain Planning Software 177

The Logistics of Logistics

DECEMBER 13, 2020

4. Present and obtain quote confirmation to win business and proceed with booking. 5. Share booking details with clients. 6. Coordinating and communicating the movement of cargo and monitoring for exceptions. Build and share a quote using the best available options. 7. Modify the delivery plan as necessary.

Supply Chain Planning Software 162

Supply Chain Planning Software Logistics Network Optimization Software Freight Miami 162

Freightos

JANUARY 15, 2024

Exploring alternative shipping routes and modalities, including air cargo, is crucial despite the higher costs. They should monitor the evolving geopolitical situation and adjust their shipping strategies accordingly. Budgeting for fluctuating rates and remaining abreast of carrier negotiations are essential strategies for navigating 2024.

Negotiating Skills 289

Negotiating Skills Optimal Sourcing Price Reduction Cost Reduction Strategies 289

NC State SCRC

JUNE 22, 2023

logistics managers should be cancelling bookings with Hanjin Shipping” Rick Bridges, Roanoke Trade Insurance Hanjin operates 98 container ships totalling 600,000 twenty-foot equivalent units (TEUs), 11 port terminals and 74 deployments.

Cargo 40

Cargo Risk Management Shipping Course 40

Freightos

JUNE 4, 2024

Air cargo demand remained strong in May, though the new round of ocean disruptions do not appear to be causing a new surge in air cargo volumes just yet. Freight news travels faster than cargo Get industry-leading insights in your inbox. Freightos Air Index rates from China to N.

Asia 248

Asia Demand Planning Software Logistics Network Optimization Software Europe 248

Freightos

NOVEMBER 7, 2023

Looking beyond digital waybills to digitalizing business processes, we always like to focus on bookings as the bellwether of digitalization. Instant eBookings on the Freightos platform have enjoyed a staggering compound annual growth rate (CAGR) of 272% in the last 3 years, with growth dominated by airline bookings.

eBook 215

eBook Optimal Sourcing Negotiating Skills Cargo 215

Logistics Viewpoints

SEPTEMBER 15, 2023

The Panama Canal Authority (ACP) has suspended bookings for super vessels through Sept. Suspending these bookings enables the super vessels without reservations and the longest wait times to travel through the canal on a first-come, first-served basis. days for general cargo vessels.

Logistics Network Optimization Software 206

Logistics Network Optimization Software Logistics Arkansas Panama 206

Freightos

MARCH 12, 2024

Judah Levine March 12, 2024 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) fell 7% to $4,419/FEU. Asia-US East Coast prices(FBX03 Weekly) fell 8% to $6,107/FEU.

Negotiating Skills 284

Negotiating Skills Optimal Sourcing Asia Europe 284

GlobalTranz

JUNE 23, 2021

Port backlogs, cargo limitations on container ships, and a lack of available equipment and port facility staffing. Fewer labor resources are available to meet the rising demand in both the warehouse and in transit. Capacity constraints within truckload and parcel have led to spillover within the LTL market resulting in capacity shortages.

3PL 253

3PL Transportation Supply Chain Planning Software Real Estate 253

Freightos

JANUARY 30, 2024

Judah Levine January 30, 2024 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 38% to $4,099/FEU. America air cargo rates climbed 11% last week to $5.33/kg,

Negotiating Skills 273

Negotiating Skills Optimal Sourcing Asia Europe 273

Freightos

MAY 15, 2024

The impact of this shift on air cargo rates, though, could be mitigated somewhat by summer travel’s additional passenger flights adding cargo capacity to the market. The biggest driver of elevated air cargo rates out of China – Freightos Air Index rates out of China were at $5.86/kg America and $3.60/kg

Negotiating Skills 218

Negotiating Skills Asia Europe Cargo 218

Resilinc

AUGUST 30, 2023

Due to the drought, the Panama Canal Authority (ACP) updated booking conditions for ships for the Panamax locks (the older locks of the Panama Canal used by smaller ships). Weight limits have also been adjusted, forcing some ships to unload and transport cargo to the other side of the canal via train—increasing transportation costs.

Panama 62

Panama Modeling Supply Chain Planning Software Supply Chain Optimization 62

Global Trade Management

MAY 5, 2015

I am talking about real time information that is coming directly from the cargo, for instance a sea freight container. One platform, one dashboard Based in the heart of Switzerland arviem is about to be a melting pot for global cargo monitoring. And why do we face 30% of the world’s cargo shipments either delayed, damaged or stolen?

Cargo 40

Cargo Real-time Visibility Supply Chain Planning Software Logistics Network Optimization Software 40

Freightos

MARCH 19, 2024

Though ocean flows out of India are improving , there is still additional pressure on air cargo in the region which started in late January due in large part to Red Sea-driven disruptions, with demand for sea-air out of Dubai also still elevated. Freight news travels faster than cargo Get industry-leading insights in your inbox.

Asia 260

Asia Europe America China 260

Supply Chain Matters

FEBRUARY 10, 2023

Reportedly, the first application of this joint offering is the ability to book and track ocean movements from Chinese ports to the United States. Bookings on our platform are growing fast and consistently, but turning our growing transaction volume into massive revenue and profit will take time. ”

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software 52

Logistics Middle East

OCTOBER 16, 2021

Customer-centric etihadcargo.com offers intuitive booking, introduces dynamic pricing, and cuts booking time to 45 seconds. The post Etihad Cargo strengthens its digital footprint with a revamped website appeared first on Logistics Middle East.

Cargo 78

Cargo Price Reduction Logistics Transportation 78

Freightos

FEBRUARY 7, 2024

Judah Levine February 7, 2024 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 7% to $4,367/FEU. America air cargo rates climbed 14% last week to $6.06/kg,

Negotiating Skills 177

Negotiating Skills Optimal Sourcing Syria Asia 177

Freightos

FEBRUARY 22, 2024

Judah Levine February 22, 2024 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 1% to $4,889/FEU. Asia-US East Coast prices (FBX03 Weekly) climbed 3% to $6,764/FEU.

Price Reduction 177

Price Reduction Negotiating Skills Vendor Strategies Resource Reduction 177

Freightos

MAY 1, 2024

In air cargo, Freightos Air Index China to N. Red Sea-driven congestion and decreases in ocean capacity out of India have pushed air cargo demand up and export rates to twice as high as at the beginning of the year. Freight news travels faster than cargo Get industry-leading insights in your inbox. America and $3.85/kg

Sri Lanka 233

Sri Lanka Asia Europe America 233

Freightos

MAY 8, 2024

In air cargo, there is some optimism that Q1’s unexpected volume strength will continue into Q2. Freight news travels faster than cargo Get industry-leading insights in your inbox. Freightos Air Index rates out of China dipped slightly last week to $5.43/kg America and $4.08/kg Prices out of the Middle East and S.

Asia 197

Asia Europe Long Beach Cargo 197

Logistics Viewpoints

SEPTEMBER 8, 2021

For ocean cargo , however, if a shipment gets bumped to the next ship, it can add up to 15 days to the transit time. Unlike other visibility platforms, Dynamic Ocean offers comprehensive multimodal visibility for each leg of the journey, alongside rate and booking management, and document management/visibility. Shipment at origin.

Rail Software 203

Rail Software Real-time Visibility Predictive Analytics Software Supply Chain Network Software 203

NC State SCRC

MARCH 25, 2021

By now many of you have heard about the “Ever Given”, which has been stuck in the Suez Canal since Tuesday, and is blocking all container ships trying to get through with their cargo. That’s what its costing companies to have their cargo sit there. It may take weeks, by some estimates.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Cargo Waste Reduction Material Savings 52

Freightos

NOVEMBER 7, 2023

Judah Levine Optimize your logistics tendering, vendor selection, negotiations, and procurement Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 3% to $1,609/FEU. Freight news travels faster than cargo Get industry-leading insights in your inbox. kg last week.

Negotiating Skills 285

Negotiating Skills Price Reduction Vendor Strategies Cost Reduction Strategies 285

Freightos

MAY 28, 2024

Disruptions and higher prices in ocean logistics could push more volumes to air cargo like they have on some lanes since the beginning of the Red Sea crisis. Middle East air cargo export rates rebounded 12-25% last week back to early May levels, suggesting some increase in demand already. America and Europe have remained stable.

Asia 194

Asia Price Reduction Europe Cargo 194

Freightos

APRIL 2, 2024

In air cargo, volumes out of China were strong in late March driven by B2C eCommerce growth, though Freightos Air Index China export rates dipped somewhat to $4.23/kg Freight news travels faster than cargo Get industry-leading insights in your inbox. America and $3.31/kg kg to Europe this week. Asia in March, where rates hit $5.25/kg

Baltimore 264

Baltimore Asia Europe New York 264

Freightos

MAY 21, 2024

Fully restored access to the port is expected by the end of the month, with Maersk already accepting Baltimore bookings for June. Freight news travels faster than cargo Get industry-leading insights in your inbox. Rates from the Middle East to N.

Asia 266

Asia Baltimore Europe America 266