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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 freightshipping providers. 8 FreightShipping Trends Shippers Must Know for 2017. Freight Rates Will Increase.
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.
Shipping rates will continue to soar, and demand for more capacity will push the stretched industry to its breaking point, says Michael Angell of Freight Waves. Capacity Will Tighten Further Capacity has run at nearly 100-percent utilization since the 2017 hurricane season. Consumers and shippers both want lower freight rates.
According to Logistics Management, more parcel carriers are moving heavier parcel shipments to less-than-truckload freight in e-commerce because they’re overwhelmed. This creates a wonderful opportunity for shippers to eliminate the middleman costs by considering the use of less-than-truckload freight options for e-commerce.
Although rate volatility is expected to stabilize in 2017, organizations must do more with fewer resources to survive. From Amazon to hyper-local retailers, 2017 will be a year of intense scrutiny and pressure on logistics providers. This graph shows how quickly the surge begin and rise in 2017. Consumers have power.
Logistics Technology Q2 2017 Roundup. For enterprise forwarders and carriers, the marching orders for Q2 appeared to be freight visibility, as a number of companies unveiled solutions to enhance cross-supply chain visibility of shipments. The post Logistics Technology Q2 2017 Roundup appeared first on Freightos.
Where Freight is Going in 2017. For decades, international freight’s mantra was a simple bigger is better. Sluggish global trade, reduced import volumes and record overcapacity showed that the global freight industry is in dire need of change. “the global freight industry is in dire need of change.”
Less-than-truckload (LTL) freight is in the midst of a boom. The state of LTL freight offers a grand opportunity to overcome the significant obstacles created through economic growth, e-commerce, and global markets. Expected increases in LTL freight costs. LTL and intermodal shipping. LTL shipping apps and their benefits.
Freight Visibility and Control: Introducing the Freightos Baltic Index (FBX). The underlying premise dates back further, even for freight. By 1985, the Baltic Exchange published its first daily dry bulk freight index. A New Freight Index. By Zvi Schreiber, CEO, Freightos. The Age of the Index.
The Digital Freight Ecosystem. Part 2: What’s Bringing Freight Online. In the first part of this article , Dr. Schreiber observed that freight is still largely offline and examined why freight digitalization has been so complicated. . Bringing Freight Online In The Carrier Space. By Zvi Schreiber, CEO, Freightos.
Today, we kick off our annual year-end series highlighting the top blog posts in each of our 5 main categories: Manufacturing , Supply Chain , Logistics , Transportation Management , Freight. We will feature over the next 5 business days each category's most viewed posts over the course of 2017. Share This: Read More.
Small and mid-sized shippers face many challenges in full truckload freight management. Different carriers charge different rates, which reflect the relative trucking activity of a destination, and freight management requires navigating a complex system of drivers, trucks, and trailer types, while trying to get the best deal possible.
As 2017 comes to an end, a quick thank you to all of our readers, followers, and sponsors for another great year of learning and conversation on Talking Logistics. Global Shipping Trends: What to Expect in 2017. The Trends Shaping Supply Chain and Logistics: Takeaways from Descartes Evolution 2017. Top 10 Video Episodes.
According to Eric Rice of Supply Chain 24/7, e-commerce growth in 2017 grew faster than it has since 2011. Unfortunately, e-commerce shipping practices, although different from traditional retail shipping, still fall short. What’s Wrong With E-Commerce Shipping Practices? Digitize your fulfillment centers.
For shippers, the best way to handle the e-commerce logistics surge lies in e-commerce freight consolidation and deconsolidation. E-Commerce Growth Is Incompatible With Stagnate FreightShipping Strategies E-commerce growth can boggle the mind. Faster delivery and decreased freight spend. Get your free white paper.
A shipping capacity crunch is a necessary evil. Unfortunately, a shipping capacity crunch tends to occur during already stressed periods, like winter, after tropical storms and during peak shopping seasons. 3PLs Bring Better FreightShipping Rates During Shipping Capacity Crunch Hikes.
Since 2014, the shipping industry has suffered numerous setbacks. Rebounding freight volumes and the proximity of the electronic logging device (ELD) mandate are set to change the industry in 2017, reports Sean Kilcarr of FleetOwner. But, the most significant impacts of 2017 will be felt in these four areas. .
As a disclaimer, WebCargo , a Freightos Group company, does offers digital services to global forwarders and carriers, including online sales portals, digital eBooking, multimodal rate management and the Freightos.com freight marketplace. . The Post-2016 Strategy: End-to-end Shipping. The Freight Game of Thrones.
Amazon announced that it shipped 5 billion items through Prime alone in 2017, and some analysts estimate it will ship over 4 billion packages in 2018. Shipping Costs Are A Thorn In Amazon’s Side At its core, Amazon is a logistics company. They’d never need to drive to a FedEx store to ship a package.
11 Ways Tech Will Change Logistics in 2017. We’re wrapping up 2016 with a recap of eleven logistics technology trends that shaped the year; and will change how goods are produced, shipped and consumed in 2017. Freight Booking Is (Slowly) Going Online. For years, online freight was limited to US domestic trucking.
She discusses her company’s innovative and sustainable cold chain packaging solutions that maintain frozen or refrigerated temperatures for up to nine days, allowing for more efficient and environmentally friendly shipping.
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. In 2017, Mark was awarded the Supply Chain and Demand Chain Executive “Pro To Know”. An experience that was built by freight practitioners for freight practitioners.
Supply chains across the globe need a better mousetrap to keep freight spend under control and efficiently manage freight. According to a 2017 survey of supply.read More.
LTL capacity is quickly becoming harder to find, and full truckload carriers have already started to turn away freight. Meanwhile, LTL carriers struggle to meet on-demand needs, so shippers need to know a few LTL capacity best practices to ensure their freight can be moved on time and without added costs. Get Your Free Copy Here.
Brad Wheeler and Joe Lynch discuss the freight-tech dilemma. Brad serves as the Senior Director of Customer Strategy at Emerge , the leading freight procurement platform. Brad Wheeler , one of the company’s “starting lineup,” has been with Emerge since its inception in 2017. About Brad Wheeler. About Emerge.
The Digital Freight Ecosystem. Part 2: What’s Bringing Freight Online. In the first part of this article , Dr. Schreiber observed that freight is still largely offline and examined why freight digitalization has been so complicated. . Bringing Freight Online In The Carrier Space. By Zvi Schreiber, CEO, Freightos.
The freight capacity crunch has dominated supply chain and logistics since 2014, and many shippers fear it will arrive sooner than many experts believe. The Freight Capacity Crunch Has Not Yet Reared Its Head. The freight capacity crunch remains an object of speculation in among logistics providers and shippers.
Amazon’s Free Shipping Pushes Small Retailers, Delivery Firms to Compete (WSJ – sub. WTO: Trade recovery expected in 2017 and 2018, amid policy uncertainty. Catastrophe looms at ports after Brexit, shipping industry warns (The Guardian). February 2017Freight Transportation Services Index (TSI).
Cass Truckload Linehaul Index (February 2017). January 2017 North American Freight Numbers. There was a lot of shipping-related news this week. At launch, eBay will guarantee delivery in 3 days or less on 20 million eligible items – millions of which will offer free shipping. NAFTA freight totaled $88.0
The shipping capacity crunch is not a new topic, but the end of 2017 is shaping up to reveal an unprecedented crunch, reports Chris Brady of Logistics Viewpoints. To successfully mitigate the potential setbacks from shipping capacity crunch, your organization understand more about its current and projected driving forces.
We will turn over each stone and consider how innovative technology will shape the future of shipping and logistics. So, let us reflect on the peak shipping season trends we saw at the close of 2018 and how those trends will affect the industry now and throughout 2019. Of course, the best plans depend on the actions of yesterday.
Amazon reported its Q2 2017 results yesterday. Shipping expenses increased 36 percent in the quarter to over $4.5 Moving on, here’s the rest of this week’s supply chain and logistics news: Freight-Booking Startup Convoy Raises $62 Million (WSJ – sub. Ryder Reports Second Quarter 2017 Results. View Results.
WiseTech Global buys Microlistics for $40m, its ninth acquisition in 2017 (Australian Financial Review). FreightHub, a European ‘digital freight forwarder’, scores $20M Series A (TechCrunch). DAT Freight Index: November Rates Break 3-Year Record for Dry and Refrigerated Vans. More than 500 grocery stores, including Kroger Co.
E-commerce passed $2 trillion in 2017, reports John D. Although this sounds great for most industries, it represents a major problem for the freight trucking industry. Freight Forwarding Will Undergo Digital Transformation. Freight and Trucking Rates Will Evolve. The e-commerce market is expanding. trillion by 2020.
and global ports, with highly complex air freight systems suffering the heaviest hit, as global airlines grounded flights. and global ports, with highly complex air freight systems suffering the heaviest hit, as global airlines grounded flights. And now on to this week’s logistics news. The report, which analyzed 8.4
Peak season for ocean freightshipping is underway. Here’s an easy way to think about the regular and potential future disruptions that could impact your ocean shipping strategy, and what you can do to prepare for what comes next. At these times of the year, you should see less risk to your standard ocean shipping strategy.
More than a year into a freight capacity crisis that shows little sign of weakening, it’s time for all parties involved in logistics and freight transportation to meet this issue head on. Freight Capacity Crisis: How Did We Get Here So Quickly? That all changed with the summer of 2017.
Round extension led by GE Ventures, after 600% order growth in six months following the Freightos Marketplace launch and adoption of Freightos software by 1,000 freight forwarders. Check out the online freight marketplace that’s changing global shipping. Dr. Zvi Schreiber Founder and CEO of Freightos. CHECK IT OUT.
Visit the “ Freight Institute ” to get not only all of our white papers, but also listen to podcasts, download e-books, search our blog by keyword or category, and much more. According to Eric Rice of Supply Chain 24/7, e-commerce growth in 2017 grew faster than it has since 2011. Want more educational white papers?
The Freightos System is SaaS for freight contract management, automatic price quotations, and business intelligence. There are two ways to view the History of Shipping Containers. Below, you can also view the history of shipping containers in one infographic. Malcom McLean and the History of Shipping Containers.
” Considering all of the wacky patents Amazon has been issued, such as a shipping label with a built-in parachute , it wouldn’t surprise me if Amazon has already patented ways to operate on the Moon or Mars in case Mother Earth gets vaporized by an asteroid. Amazon Robotics Challenge 2017 won by Australian budget bot (BBC News).
The History of the Shipping Container. 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. But the modern shipping container has changed much more than one industry. Malcom McLean.
The Energy Observer project started in France in 2017 with support from French industries. You can find out on the ship, which are outfitted with three types of solar panels at present. The team behind Energy Observer wants to gain better information for commercial cargo vessels by vastly increasing the size of the ship.
Manhattan Associates Reports First Quarter 2017 Performance. In order to increase efficiency, the goods would be manufactured in batches based on factors such as the customer shipping address, the patent says. For related commentary, see The Rebirth of Transportation Marketplaces (UberCARGO, Cargomatic, and Freight Friend).
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