Freightos

JUNE 15, 2021

Disclaimer: This article is a zoom out for the less freight-inclined. If you have a deeper understanding of freight, you might want to check out our Freightos Baltic Index daily container index instead. Let’s talk freight. . And it’s not just ocean freight. A third of all cargo is carried in passenger planes.

Global 411

Global Supply Chain Price Reduction Supply and Demand 411

American Global Logistics

AUGUST 22, 2023

Air freight has evolved dramatically, especially after the pandemic. As we navigate the third quarter of 2023, it's time to examine air cargo's role in global commerce. Since then, air freight has adapted to various market demands and technological advancements. In 2020, the global air cargo market was worth an estimated $287.4

Cargo 52

Cargo Sourcing Strategies Material Savings Logistics Network Optimization Software 52

Logistics Bureau

JUNE 15, 2020

Now the entire freight transportation industry, across air, ocean, road, and rail sectors, is awash with disrupted expectations and has retreated into survival mode. Let’s take a look then, at each sector in turn, starting with air freight. Air Freight Transportation Trends 2020. The Freight Rate Roller Coaster.

Freight 66

Freight Trends Transportation Modeling 66

Freightos

OCTOBER 26, 2020

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. . Nearing the end of 2020, Maersk has remained true to that goal. The Freight Game of Thrones.

Logistics Network Optimization Software 298

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software Price Reduction 298

Freightos

APRIL 6, 2020

In 2019, digital freight isn’t a vision; it’s a reality. Land travel restrictions in Asia extended Chinese New Year, dropping ocean freight demand, which, just weeks later, spiked when the shutdown ended. Meanwhile, massive passenger airline restrictions dramatically reduced air cargo capacity, sending rates through the roof.

Logistics Network Optimization Software 222

Logistics Network Optimization Software Company Logistics Price Reduction 222

Freightos

SEPTEMBER 20, 2023

More Resources Home September 20, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. America weekly prices decreased 11% to $4.25/kg

Price Reduction 177

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The Logistics & Supply Chain Management Society

NOVEMBER 15, 2021

Typically, 45% to 50% of cargo is carried in belly holds of aircraft. DB Schenker Singapore has also cemented the position as a key pillar in Singapore’s logistics ecosystem, being the number one air exporter (for freight forwarding) and attaining market leadership in ocean freight as well. Singapore’s Status a Global Hub.

Singapore 246

Singapore Logistics Network Optimization Software Supply Chain Design Software Waste Reduction 246

ShipBob

JULY 14, 2022

In today’s hyper-connected world, freight forwarding can seem like a lone holdout. Combining this pre-existing state of freight with the events of the past two-plus years of pandemic-related disruptions and grasping the micro- and macro-dynamics becomes even harder. What’s causing the delays in freight shipments?

China 98

China Freight Shipping Modeling 98

GlobalTranz

NOVEMBER 17, 2021

This is not the usual peak season, and it started much earlier than in 2020. Higher freight volumes. Stronger freight volumes are expected as pent-up demand from consumers, retailers, and manufacturers reaches an apex. Shrinking capacity from higher freight volumes results in higher rates throughout peak season and beyond.

Shipping 232

Shipping Cost Reduction Strategies Industrial Industry 232

Supply Chain Game Changer

JUNE 23, 2021

Do you have a Freight Management Strategy or are you Spinning your Wheels? The emergence of COVID-19 changed many things in the world of business, and transporting cargo is no exception. This article summarizes the top five benefits of using air charter for cargo and the products and industries that need it the most.

Cargo 57

Cargo Industrial Industry Expense Reduction 57

ToolsGroup

APRIL 1, 2022

In Fortune 500 earnings calls for Q3 of 2021, “supply chain” mentions were up 412% from Q3 in 2020. Thanks to container prices rising as much as 600%, money that could be used for advertising went to freight companies instead. higher than 2020. As of 2020, only 12% of semiconductor chips were made in the United States. (

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Logistics Viewpoints

MAY 25, 2021

The global supply chain is routinely beset by challenges, both large and small, but the past couple of years have delivered a string of significant logistics disruptions that have threatened to upend the tightly choreographed dance of global freight transportation. That’s starting to change. More and more large U.S. In the U.S.,

Supply Chain Planning Software 336

Supply Chain Planning Software Sustainability Supply Chain Software Inventory Reduction 336

SCMDOJO

JULY 16, 2024

This article explores challenges identified in a research paper by McKinnon (2006) focusing on vehicle utilization and efficiency in the freight industry [1]. Fraud and Security: Challenge: Ticket counterfeiting, fare evasion, and cargo theft pose security risks and financial losses for transportation providers. Routledge. [3]

Optimal Sourcing 97

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Logistics Viewpoints

OCTOBER 28, 2021

When terminals cannot move cargo, the costs can escalate quickly. Since the systems affected were controlling the flow of vessels and freight around the world, these can be classified as OT-level supervisory type systems. Should we call the Maersk attack an OT-level attack or an IT-level attack?

Supply Chain Network Software 213

Supply Chain Network Software Modeling Software Guidelines Supply Chain Software 213

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

In Malaysia, CEVA Logistics worked closely with L’Oréal , a major producer of luxury and consumer products, to develop a social initiative of providing jobs for the hearing impaired at our warehouse since June 2020. We also look to reduce or eliminate the use of plastic packaging. Photo Credit: United Airlines.

Supply Chain Planning Software 242

Supply Chain Planning Software Resource Reduction Global Supply Chain Software 242

Logistics Viewpoints

MAY 6, 2021

as of January 1, 2020 [3]. Cargo transfer requirements. Once in port, each stage can be monitored, from pilot onboarding and cargo transfer to disembarkation. The IMO 2020 regulation has set a precedent for further restrictions to come. from originally 3.5% Other planned vessel movements. Any safety considerations.

Supply Chain Planning Software 300

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Optimization 300

Resilinc

NOVEMBER 2, 2021

In the race to fill distribution centers and store shelves with inventory for the holidays, some of the world’s largest retailers and ecommerce sellers are jumping ahead of smaller competitors by chartering ships, shifting freight to air, re-rerouting inland shipments, and hiring more staff for distribution centers and other supply chain nodes.

Retail 62

Retail Inventory Reduction Cost Reduction Strategies Resource Reduction 62

Zipline Logistics

JANUARY 4, 2021

After a tumultuous 2020, the trucking market may be setting up for a bit more stability in the 12 months ahead. It was a tale of two freight markets during the past year due to the global pandemic that reshuffled consumption and commerce. Typically, freight volumes fall off substantially after the holiday peak season.

Freight 52

Freight Purchasing Skills Logistics Network Optimization Software Trends 52

Zipline Logistics

MARCH 30, 2021

Following an unprecedented downturn, the freight market has posted an almost full calendar year of impressive growth spurred by demand from a few sectors of the domestic economy. The second half of the past quarter was highly atypical and posted freight volumes that vastly exceeded those generally seen during peak season.

Freight 52

Freight Manufacturing Procurement Los Angeles Purchasing Skills 52

Logistics Bureau

NOVEMBER 22, 2021

Shipping air inside expensive freight containers has never been a cost-effective approach to transportation. Today though, in the wake of the COVID-19 pandemic, it’s even more critical to try and improve capacity utilisation , given the skyrocketing costs of container freight shipping.

Freight 85

Freight Waste Reduction Cost Reduction Strategies Shipping 85

Zipline Logistics

JANUARY 4, 2022

For the second consecutive four-quarter period, the freight market faced continual capacity challenges as the global supply chain wrestled with the effects of the COVID-19 outbreak. Will these forces continue to play a part in the freight market in the coming year? Consumption Drives Freight Market Growth.

Freight 52

Freight Purchasing Skills Procurement Analytics Agile and Lean Supply Chain 52

Logistics Bureau

DECEMBER 9, 2019

2020 Supply Chain and Logistics Trends: What’s Around the Corner? As 2020 moves closer, one concept that I’m hearing discussed more and more in discussions and appearing online is that of the circular supply chain. Happily, though, that’s not something you can expect to change in 2020. It’s that time again… Well, almost!

Logistics Network Optimization Software 99

Logistics Network Optimization Software Supply Chain Software Trends Agile and Lean Supply Chain 99

MIT Supply Chain

DECEMBER 15, 2020

The loads may never materialize, or the carrier may not have the capacity in the right place when it is scheduled to haul the cargo. But they do add costs and reduce the efficiency of freight networks. 3, 2020, and presented a detailed history and overview of the current state of the art and practice in shipper-carrier relations.

Freight 52

Freight Optimal Sourcing Modeling Network Optimization 52

Supply Chain Game Changer

JUNE 17, 2021

Many sectors, particularly the shipping industry, have been severely impacted by the pandemic in 2020. It has already wreaked havoc on supply chains, transport networks, and ports, resulting in a sharp drop in cargo volumes. Thus, even at the peak of the outbreak, spot rates were steady whenever the cargo was less.

Shipping 75

Shipping Industrial Industry Los Angeles 75

Operations and Supply Chain Management

SEPTEMBER 12, 2022

STATE OF FREIGHT. · More than a fifth of the distance driven by European cargo trucks in 2021 was “deadhead mileage,” where vehicles traveled empty, often on the return leg of a journey. · The road freight industry has a big problem. The road freight industry has a big problem. And there’s no easy fix in sight.

Cost Reduction Strategies 52

Cost Reduction Strategies Demand Planning Software Supply Chain Software Price Reduction 52

SCMDOJO

MAY 13, 2022

The advent of containerization heralded a revolution in cargo handling techniques, the ramifications of which are still influencing maritime trade all over the world today. ports of Los Angeles and Long Beach which saw their busiest March on record, handling a combined 898,287 TEU’s. Supply Chain KPI Dashboard.

Supply Chain Design Software 83

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Intelligent Audit

JUNE 30, 2022

But in the timeframe between 2020 to 2022, a volatile supply chain market showed the weakness in outdated, legacy supply chain execution built on rigid technology or lacking any accurate data that can improve overall decision-making. Between 1990 and 2020, the volume of cargo transported by ships more than doubled, from four to nearly 10.7

Optimal Sourcing 52

Optimal Sourcing Supply Chain Software Supply Chain Optimization Supply Chain Planning Software 52

Turvo

FEBRUARY 4, 2021

From carrying cargo to keeping shipping lanes open, truckers, carriers, and management alike helped hold supply chains together during the COVID crisis. Despite this impact, many carriers also struggled to make ends meet and survive in 2020. And 2021 is the continuation of the unknowns of 2020.”

Analytics Software 52

Analytics Software Analytics Resource Reduction Waste Reduction 52

Turvo

DECEMBER 21, 2021

Furthermore, port restrictions and the Ever Given being stranded in the Suez Canal for nearly a week slowed cargo movements and worsened congestion. Hundreds of cargo vessels were still queuing to pass through the canal days after Ever Given was freed due to the backlog caused by the blockade. percentage points. Global chip shortages.

Pharmaceutical 82

Pharmaceutical Supply Chain Software Supply Chain India 82

Cathy Roberson

AUGUST 2, 2021

According to the US Census Bureau, furniture & home furnishing store sales are up 43% for the first half of 2021 compared to the same period in 2020. for the first half of 2021 compared to the same period in 2020 and up 5.0% million loss for the second quarter of 2020. increase from the same period in 2020.

Vendor Strategies 82

Vendor Strategies Inventory Reduction Material Savings Logistics Network Optimization Software 82

Cathy Roberson

AUGUST 24, 2022

(photo credit: depositphotos.com) According to consulting firm McKinsey, funding for logistics startups almost doubled in 2021 compared to 2020. The most significant percentage was on-demand last-mile delivery platforms, followed by road freight marketplaces and new last-mile parcel networks. of the total $80 billion in funding.

Reverse Logistics 62

Reverse Logistics Logistics Network Optimization Software Las Vegas Logistics 62

Cathy Roberson

OCTOBER 4, 2023

FedEx Dataworks, established in 2020, partnered with Microsoft Azure to build an enterprise data platform to serve as the foundation for FedEx’s decision science and machine learning practice and houses a standard set of models and insights that can be reused to create a flywheel of value for its business and customers.

Logistics Network Optimization Software 57

Logistics Network Optimization Software Analytics Software Forecasting Software Predictive Analytics Software 57

Turvo

AUGUST 3, 2021

The shocks of early 2020 hit the freight management and logistics supply chain hard. The right technology can help freight managers see what’s going on throughout the chain. This is where logistics managers and freight controllers can use supply chain visibility and collaboration.

Supply Chain Visibility 96

Supply Chain Visibility Real-time Visibility Supply Chain Planning Software Supply Chain Software 96

Cathy Roberson

MAY 10, 2022

Supply chains have encountered delivery delays, capacity constraints, and volatile rates since the COVID pandemic began in 2020. We're launching what I would call Chewy Freight Services, or CFS, which is starting as a line-haul initiative, where we will operate a portion of our middle mile fleet and network.

Retail 109

Retail Material Savings Network Optimization Modeling 109

Cathy Roberson

MAY 31, 2022

Many retailers were slow to invest in required technologies until 2020 when the COVID pandemic temporarily forced physical stores to close and/or limit hours of operation, e-commerce purchases jumped, and last-mile delivery providers struggled to deliver goods on time to consumers. Costco, for example, acquired Innovel Solutions in 2020.

Puerto Rico 52

Puerto Rico Cost Reduction Strategies Inventory Reduction Logistics Network Optimization Software 52

Cathy Roberson

JANUARY 2, 2023

of total retail sales in Q2 2020 but, as a percentage, has slowly fallen each quarter since to 14.8% Catch my weekly column on air cargo, freight forwarding, and the express markets, and the occasional podcast on Air Cargo World. Thanks for reading Rethinking supply chains! E-commerce peaked at 16.4%

Cost Reduction Strategies 136

Cost Reduction Strategies Reverse Logistics Logistics Network Optimization Software Beverage 136

CH Robinson Transportfolio

FEBRUARY 10, 2021

Until your freight has been involved in a vessel accident, you may not be aware of the process or overall impact to your supply chain. Although vessel accidents are unplanned and usually unpredictable, there are steps you can take before you ship so you’re not scrambling when you get the news your freight was involved in an accident.

Supply Chain Planning Software 68

Supply Chain Planning Software Supply Chain Design Software Supply Chain Network Software Logistics Network Optimization Software 68