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For Maersk, June of 2016 was the breaking point. After a rough 2015, the first half of 2016 was no different. The Post-2016 Strategy: End-to-end Shipping. The September 2016 decision mapped out a clear new direction. Today, 75 to 80% of cargo arrives on time. The Maersk Shift: Where it started.
This is particularly true on the air cargo side… but certainly not limited to air. Q: Why do you think it took so long for the cargo to catch up to the digital world? 2016 in international B2B was like 1996 in consumer web. Freight is digitizing itself now at real scale.
We have already covered the top 6 trends for 2016 in manufacturing. 2016 Supply Chain Trends: The First 7 of 12. 2016 Supply Chain Trends: The First 7 of 12. Today we will begin our two part series covering the 2016 supply chain trends we expect to see come to fruition in the next year.
In 2016, he was recruited to join MacroPoint. In 2017, Mark recognized a need for logistics service providers to have better access to cost effective All-Risk Shipper’s Interest Cargo Insurance with focus on Mexico. During his tenure, they went from $500M to $3B in sales. For that reason, Mark founded Borderless Coverage.
Global shipping prices are continuing to rise as Houthi rebels keep up attacks on cargo vessels in and around the Red Sea. Several cargo vessels were struck by missiles or drones during the past week. Cargo theft incidents were up more than 57 percent in 2023 compared with the year prior, according to CargoNet, a Verisk company.
Starting with Miami, this port primarily handles containerized cargo with small amounts of breakbulk, vehicles and industrial equipment. Going up the coast in Jacksonville, FL, there is a huge port that receives the second-most automobiles in the US along with all types of cargo. In 2016, this port handled 1.1 of total U.S.
Air cargo firms feel the pressure from plunge in freight prices (Reuters). percent between the final quarter of 2015 and the first quarter of 2016 and the International Air Transport Association has lowered its growth forecast for air freight demand in 2016 to 2.1 Sucking robot arm wins Amazon Picking Challenge (BBC).
Accenture Releases Enhanced Ocean Cargo Pricing Software to Provide Greater Pricing Visibility for Carriers. February 2016 Freight Transportation Services Index (TSI). Speaking of container ships, there continues to be a lot of confusion and uncertainty surrounding the new SOLAS requirements, which go into effect on July 1, 2016.
2016 was an incredible year for tech in logistics as companies both large and small are working on some transformative technologies not just for logistics, but for society as a whole. Here’s a few interesting tech advancements in 2016 that were important for the year, but could also point to what’s to come in the near and long-term future.
April 2016 Freight Transportation Services Index (TSI). In Google’s case, the company was issued a patent this week that, as reported in Quartz , “outlines a theoretical strategy for ensuring that autonomous and remote-controlled robots in a warehouse facility aren’t overloaded as they move cargo around the warehouse.”
July 2016 Freight Transportation Services Index (TSI). The fallout from Hanjin’s bankruptcy continues, with $14 billion of cargo still stranded at sea. Cargo owners such as consumer products maker Dorel Industries Inc and the U.S. Top e-retailers deliver the goods faster (Internet Retailer). project44 Raises $10.5M
Future of brokerage: Cargo Chief to bet on pay for time ( Overdrive ). Cass Freight Index Report January 2016. The new business will locate Amazon at the center of a logistics industry that involves not just shippers like FedEx and UPS but also legions of middlemen who handle cargo and paperwork associated with transnational trade.
In the summer of 2016, my husband — a UPS delivery driver — was one of them. After several days of working in the humid August heat in 2016, my husband woke up feeling ill. UPS does not provide air conditioning for their drivers — even in the blistering summer heat.
Cloud Logistics Announces Banner Results For The First Half of 2016. As reported by The Seattle Times , “Amazon will fly its latest Boeing 767 widebody jet freighter, publicly revealing the new ‘Prime Air’ branded livery of its fast-growing fleet of used cargo planes” at today’s Seafair aerial display over Lake Washington near Seattle.
Robinson announced that it opened “a new state of the art certified cargo screening facility (CCSF) in Carson, CA.” Once cargo is screened, it can be quickly transferred to or from the airlines.” The post This Week in Logistics News (January 25-29, 2016) appeared first on Talking Logistics with Adrian Gonzalez.
The International Maritime Organization’s (IMO) new requirements go into effect on July 1, 2016, stating that all packed containers must have verified gross mass weights reported to the carrier and terminal before loading. Shippers, beneficial cargo owners or non-vessel-operating common carriers (NVOCCs) are responsible for verifying weights.
For the past few months, there’s been a lot of angst and confusion over the Safety of Life at Sea (SOLAS) regulation, which is scheduled to go into effect in just a couple of weeks on July 1, 2016. law [as] a simple and efficient solution for assuring the continued smooth flow of export cargoes.”
In this situation, an autonomous vehicle brings a package to a customer’s house, whereupon the customer enters a code and retrieves the package from a cargo hold. Udelv’s delivery bot is a multi-stop electric delivery vehicle which features a self-contained, swappable modular cargo pod called the uPod.
March 2016 Freight Transportation Services Index (TSI). According to the press release : The trial run, part of a larger research and innovation project, was conducted between January and March 2016 in the Bavarian community of Reit im Winkl. California Shippers Face Trucking Surcharge (WSJ – sub.
“There are no sacred cows here,” said Chris Timmer, Chief Commercial Officer at LeanLogistics (a Talking Logistics sponsor) in his opening remarks at the company’s ClientConnect 2016 conference last week. Later this year, the company will formally roll out LeanParcel, with rail and air cargo capabilities on the roadmap too.
According to the cargo theft prevention firm CargoNet, reports of theft, fraud, and other kinds of criminal activity in the supply chain rose 41 percent in the first 20 weeks of 2023 compared to last year, reaching 900 incidents. manufacturers re-evaluating their reliance on China. billion.
Ryder Reports Second Quarter 2016 Results. Booking a flight has been electronic for 50 years, but the cargo on airplanes, trucks, and ships is still booked manually. percent increase in net income in Q2 2016 compared to the same period last year. Seattle startup Flexe pulls in $14 million from investors (The Seattle Times).
Trade in 2016 to grow at slowest pace since the financial crisis. based freight fowarder, has started using blockchain to create real-time digital ledgers of shipping data for use by port officials, cargo owners and others along global supply chains,” according to an article in the Wall Street Journal.
Amazon partners with Atlas Air Worldwide for cargo services (MarketWatch). XPO Logistics Announces First Quarter 2016 Results. If 2015 was the year of 3PL mega-deals , will 2016 be the year of TMS acquisitions? The post This Week in Logistics News (May 2-6, 2016) appeared first on Talking Logistics with Adrian Gonzalez.
What do you get when you combine an electric van with a fully automated cargo space, drones, joystick control, and cloud-based algorithms to control order picking, the loading of packages, the automated cargo space, and route planning for the vehicle and delivery drones? DOT pushing slower truck speed limits (The Hill).
They picked up the World Air Cargo award ‘Best IT for the Industry’ category, the last two years running. 2016 is indeed the year freight goes online. WebCargoNet also recently received ISO 27001:2013 accreditation for data security, providing assurance at the highest level for system users and end customers alike.
A version of this article originally appeared in The Journal of Commerce (August 6, 2016). DHL seeded its empire by moving ocean documentation faster than cargo ships. And while air cargo is a bit more advanced, only 37% of air shipments use electronic air waybills. Technology and Culture. Zvi Schreiber | CEO, Freightos.
Amazon has launched Amazon Air , its dedicated air cargo fleet, in India as the e-commerce giant bulks up its logistics infrastructure in the key overseas market where it has deployed more than $6.5 in 2016 with over three dozen Boeing freighter aircrafts. Amazon launched Air in the U.S. It also briefly tested the program in the U.K.
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.
I also laugh when newscasters quip, “Just move west coast ships through the Panama Canal…” With new locks in 2016, the Panama Canal is able to handle vessels with an overall length of 366 m (1201 feet), 49 meters beam (increased by the Canal Authority effective 1 June 2018 to 51.25
Since its July 2016 launch, the Freightos Marketplace has grown exponentially, with a 600% increase in orders in the first six months, a 100% growth in Q1 2017 orders over Q4 2016, over 10,000 registered users, and dozens of sellers, including top twenty global freight forwarders. . . Jonathan Pulitzer.
You’ll have a different experience at the Quintiq World Tour 2016 in Frankfurt with best practice presentations from speakers from diverse backgrounds including manufacturing, metals, logistics and rail. Get a fresh perspective at the Quintiq World Tour 2016 in Frankfurt. Why are yesterday’s benchmarks no longer useful?
Between 2016 and 2019, Amazon converted around 25 shopping malls into distribution centers. South Carolina Ports turned in its best cargo-handling performance in history in March, and the volume was 34 percent higher year-over-year. That begs the question – what is going to happen to empty storefronts and America’s malls?
Amazon is even entering the transportation space, signing agreements with the Air Transport Services Group and the Chinese government to enter into the freight cargo business – effectively cutting out the middleman.
Amazon expands logistics reach with move into ocean shipping (Reuters – Jan 2016). Amazon to compete with Fedex, UPS and Alibaba with secret ‘Dragon Boat’ plan, report says (GeekWire – Feb 2016). Amazon Partners with Atlas Air Worldwide for Cargo Services (WSJ – May 2016). 3 million sellers].
How technology in logistics grew throughout 2016 is not limited to the technology that delivers products or enables better, faster picking processes. Radio frequency identification (RFID) tags were expected to become commonplace among individual shipments in 2016. IoT-enabled devices grew even more in 2016 than anyone expected.
In 2016, there were 346 attacks in just one year — that’s an 8.5% In 2016, supply chain terrorism attacks were more widely distributed than in any previous year, with 38% more countries suffering attacks. This year’s report focused on the continual rise in terrorist attacks and how it will continue to affect the supply chain.
The industry had a very clear objective for the next decade: Keep costs low Stay lean Remain efficient Due to this slow and steady approach, the logistics industry was able to keep margins stable even when it faced overcapacity in 2016—which is interesting to note as today, challenges revolve around container shortage and port congestions.
26 April 2016 marks the 60th anniversary of the maiden voyage of the Ideal X and the birth of modern container shipping, a development that played a critical role in spurring the global economy. Break-bulk loaded cargo was poorly secured required a Tetris-like approach to handle diverse sizes of packages. Significance.
In this week’s supply chain and logistics news… Amazon in talks to lease 20 jets to launch air-cargo business (The Seattle Times). A cargo-industry source said Amazon expects to make a decision to go beyond the trial run and pull the trigger on a larger air-cargo operation by the end of January. “I Baird & Co.
Hong Kong, July 26th 2016) – Freightos , a pioneer of the LogTech (logistics technology) sector, today announced the launch of the world’s first online marketplace for international freight, providing instant comparison, booking, and management of freight services from multiple logistics providers. Annual Imports.
From the Panama Canal expansion to the continuous advancement of disruptive technologies, 2016 was another eventful year in the global logistics and supply chain industry. As we kick off the new year, here’s a quick look at our top three blog posts from 2016. East and West Coast ports. This post is credited to Kylie Crull.
Spot freight availability was 74 percent higher than in September 2016. per mile, 19 cents higher than in August and 35 cents higher than in September 2016. Hypleroop One is rebranding itself as Virgin Hyperloop One, and Branson is joining the board…Virgin Hyperloop One will focus on a passenger and mixed-use cargo service.
Stagnation of Air Cargo and Sea Freight Rates. Unfortunately, 2016 does not seem promising where an increase of volumes is concerned. Air cargo rates will also remain static. However there is good news at the moment because of the drop in jet fuel costs, improving the financial performance of the air cargo companies.
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