Remove 2019 Remove Cargo Remove Manufacturing
article thumbnail

September 6, 2023 Update

Freightos

In air cargo, the seasonal lull combined with overall low demand is pushing volumes below pre-pandemic levels at some of Europe’s major hubs , though some in the industry are hopeful that electronics product launches set to begin soon could drive some peak season rebound in the coming months nonetheless.

article thumbnail

This Week in Logistics News (March 25-29, 2019)

Talking Logistics

I’ve been trying to learn the basics of the game, and as luck would have it, at the Descartes Evolution 2019 conference this week (more about the conference in a future post), I sat with a Descartes executive who is an experienced rugby player — he even coached the women’s team at his university. Will you buy and trade trucking futures?

Insiders

Sign Up for our Newsletter

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

article thumbnail

100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

49% of respondents were from the manufacturing industry, 16% from the mechanical engineering sector, and 11% from the automotive market. Imports from Asia to the United States increased by 40% from 2019 to 2021, while the volume of exports remained almost unchanged. IATA data shows global demand for air cargo markets jumped 3.7%

article thumbnail

The Great Maersk Shift

Freightos

Today, 75 to 80% of cargo arrives on time. Their 2019 annual investor report explained the strategy as “based on creating additional value to our existing customers,” which, in 2020, has driven multiple acquisitions. Maersk 2019 Annual Report. By the end of 2019, 24% of spot shipments were booked using Spot. It’s worked.

article thumbnail

This Week in Logistics News (March 4-8, 2019)

Talking Logistics

I then raised the question: As manufacturers and retailers start to view logistics as a core strategic function (instead of a cost center, which has been the traditional view), will their desire to take more direct control of their operations increase? Post a comment and let me know what you think. And with that, have a happy weekend!

article thumbnail

Coronavirus and the Trade War: A Perfect Storm Argument for SMB Supply Chain Diversification

Freightos

As airlines canceled flights, and ports contended with no cargo to ship and no workers to operate, air cargo and ocean freight have been disrupted, with ocean carriers losing millions each week. FBX data shows prices for containerized freight spiked ahead of January 2019 tariffs. .

article thumbnail

COVID’s Supply Chain Ripples: the SME Business Perspective

Freightos

Take Conner, the manufacturer of FORT, a magnetic pillow fort. Between September 2019 and September 2021, the cost of shipping a 40’ container from China to the US West Coast had increased from $1,500 to $20,586. Provided, that is, that the businesses could manage to manufacture and import their goods. . So what does it mean?