Freightos

JULY 22, 2021

The cost of lumber skyrocketed from $354 / 1000 board feet in May 2020 up to $1,683 in May 2021 1. Global freight, typically a behind the scenes actor that moves everything we eat, wear and use by air and ocean, may be a major culprit in rampant inflation. . – Robert Khachatryan, COO, Freight Right Global Logistics.

Shipping 160

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ShipBob

JULY 14, 2022

In today’s hyper-connected world, freight forwarding can seem like a lone holdout. While your customers can track their parcels from their smartphones down to the block the delivery truck is on, the best you can hope for is a phone call when the ship leaves port and one when it arrives on the other side of the world.

China 98

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Logistics Viewpoints

SEPTEMBER 4, 2023

Procuring transportation for freight is much different than any other procurement category. The freight market is mercurial. One master of freight procurement is Kyle Masters. Mr. Master’s experience at Simmons Foods illustrates many of the distinct characteristics and challenges related to freight procurement.

Procurement Solutions 232

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The Logistics & Supply Chain Management Society

NOVEMBER 23, 2020

Our vision at TRAMES, is to reduce global trade barriers through digitalizing international freight and transportation. TRAMES is all about International Freight Orchestration (IFO). Monopolistic supply is extremely rare, especially in the freight industry where service providers have varying strengths in the different markets.

Supply Chain Design Software 182

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Freightos

DECEMBER 2, 2021

You might not think about shipping containers and ocean freight when you click “buy” on your Amazon order, but there’s a direct connection between the two. Starting in July 2020, the impact of this trend became obvious when ocean freight prices shot up, and have continued rising. What’s changed in a year?

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Freightos

DECEMBER 20, 2022

The global economy has gone through an incredibly tumultuous time since 2020. The sheer influx in demand, combined with the variety of supply chain stressors, also catapulted global freight to new levels of infamy (although none perhaps as famous as the Suez Canal blockage). Freight rates as a forward looking indicator of CPI.

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Freightos

JANUARY 8, 2019

As we enter a new year, it’s a great time to look back at how far we’ve come as an industry, set our next goalposts, and map out where we should be as an industry by 2020. The journey to digitize freight, while initially off to a slow start, has gained momentum in the last two or three years. Online freight booking. Technology.

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Logistics Bureau

DECEMBER 6, 2021

However, freight shipping is the one activity that presents significant barriers to overseas-market entry, as you may have discovered if your business is starting to look across international borders for its next step in expansion. Container Shipping Can be Tough for SMEs. Challenge #1: High Costs and Confusing Pricing.

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GlobalTranz

DECEMBER 22, 2020

For shippers, 2020 was like riding a roller coaster with no way to get off. The volatility of 2020 and the uncertainties looming into 2021 make it difficult to forecast planning and budgets based on historical data. However, some market trends that became significant factors in 2020 will likely continue.

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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. Container shipping costs are usually shockingly low.

Global 411

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Ware2Go

JUNE 20, 2023

See the latest insights on ocean freight rates and other trends that fast-growing businesses should know about to plan for 2023 peak season. In this article: Ocean Freight: Key Stats & Industry News Ocean Freight Shipping: What to Watch For In 2023 Freight Shipping From China & Alternatives What Are The Current Ocean Freight Rates?

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Freightos

APRIL 27, 2023

In this article, Eytan Buchman, Freightos’ CMO, discusses the importance of data and context in global freight and logistics. The future of global freight data lies in real-time information, contextual insights, and aggregated data that can help companies make better decisions and adapt to a rapidly changing industry.

Freight 156

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The Logistics & Supply Chain Management Society

AUGUST 20, 2020

Freight Management. Freight management is driven by time-critical, manual tasks. This will improve the ability for data analytics to be used to improve operations and provide an efficient and scalable freight management workflow. MAERSK the integrated shipping company, for example, has implemented RPA to achieve significant ROI.

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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.

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The Logistics & Supply Chain Management Society

JULY 23, 2020

This year (2020) when they cancelled the Tournament, they stand to get 144 mil $ from Insurance company. Smart use of Blockchain : Use of blockchain allows organisation to become more compliant, transparent and create traction in new types of services, such as mobile freight brokerage systems, smart contracts to replace service agreements.

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Supply Chain Matters

JULY 29, 2024

Current published reports and available industry data reinforce indications that the peak both in volume and in ocean container shipping rates may have been reached. Once more, current longer term industry trends imply a period of excess global container vessel ship capacity by 2026. The authors indicated that 478 ships, totaling 3.1

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Zipline Logistics

APRIL 4, 2023

COVID-19 Ernst & Young LLP conducted a survey of 200 senior-level supply chain executives in late 2020 and 2022. Freight Market California’s AB5 AB5 has the potential to destabilize the trucking market in California, which can create a variety of issues for shippers moving freight in and out of the state.

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Supply Chain Movement

FEBRUARY 25, 2021

Are logistics matching platforms a wolf in sheep’s clothing for freight forwarders? Uber Freight. The American giant Uber tried to gain a foothold in Europe with its subsidiary Uber Freight, a matching platform for road transport, but failed miserably and was taken over by the German scale-up Sennder.

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Supply Chain Game Changer

JUNE 17, 2021

International shipping industry article and permission to publish here provided by Daniel Choi. Even during the epidemic, the shipping industry’s significance in the value chain and the transportation of resources and goods worldwide was emphasized, probably most prominently. The Shipping Industry During Pandemic.

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CH Robinson Transportfolio

JANUARY 6, 2020

Now that the fireworks are over and New Year’s resolutions are set, it’s time to prepare for global shipping in 2020. One thing’s for sure, freight forwarding never has a dull moment. . Recapping 2019’s top global shipping disruptors. Preparation for International Maritime Organization (IMO) 2020.

Trends 44

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Logistics Viewpoints

DECEMBER 6, 2023

The chart below shows that the index decreased to a value below zero earlier this year, for the first time since 2020. Container Shipping There have been recent reports publicizing the rapid decline in container shipping rates. Today these factors appear insignificant.

Predictive Analytics Software 300

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The Logistics & Supply Chain Management Society

SEPTEMBER 25, 2020

Slowing demand means 6% lower imports from the GCC vs 2019 and 10% lower than 2020 forecast before the virus outbreak.” Focussing on lowering logistics costs by coordinating time charters or invest in joint shipping lines to capture ship-owner returns. Staying Ahead of Supply Chain Paradigms – LogiSYM September 2020.

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Freight Center

AUGUST 18, 2020

2020 will undoubtedly go down in the history books – and it’s not over yet. We are rolling right on into hurricane season, and the 2020 hurricane season is predicted to be very active. As we know, when it comes to keeping your small business shipping smoothly, it’s important to have a plan, including a disaster recovery plan.

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Logistics Viewpoints

JUNE 21, 2024

bans exports by Oregon freight-forwarder in warning shot to industry Container losses fall to record low Warehouse wages rise to average of $18.99 An Oregon freight-forwarder was hit with an export ban in what officials said was a warning to companies to heed restrictions on the shipment of sensitive technologies to countries the U.S.

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Ware2Go

DECEMBER 16, 2021

Supply chain disruptions like freight delays may continue well beyond this year’s peak holiday shopping season. Freight delays have affected consumers and merchants alike. After 18 months of disruptions, the state of international freight was shaky at best heading into this holiday shopping season.

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Zipline Logistics

DECEMBER 22, 2020

But with freight conditions like those we have seen throughout most of 2020, building in additional lead time is an even more essential piece of your logistics operational puzzle. Building-in additional lead time in a tight freight market is crucial. What Is Shipping Lead Time? Let’s explore why else it matters.

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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.

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Zipline Logistics

JANUARY 16, 2020

Right now, we are seeing a few emerging beverage trends and food trends in 2020 coming down the pike. As we head into 2020, it is now Gen Z who is poised to be the largest consumer group in the globe accounting for “$29 to $143 billion” in direct spending, according to an article in Forbes. Plant-Based Protein More in Demand.

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CH Robinson Transportfolio

JANUARY 29, 2020

2020 brings balance. As we begin 2020, we can anticipate more balance in the transportation marketplace, according to industry sources. Most analysts are thinking we might start to feel some market parity in the second half of 2020. . At the beginning of 2020 we’ve hit an interesting spot! How to succeed in 2020.

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Logistics Bureau

NOVEMBER 1, 2021

Does your supply chain depend on container freight shipping? At Logistics Bureau, we have supply chain consultants available to help you improve volume forecasting and attain the most favourable container freight rates possible, even during this period of pandemic-induced turmoil. Sky-high shipping fees.

Forecasting 81

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GlobalTranz

FEBRUARY 10, 2020

Global trends in shipping continue to evolve in the wake of uncertainty and risk. The recent outbreak of the Coronavirus threatens to undermine use of shipping options that would involve air freight between the U.S. New hazmat regulations are taking effect in 2020. and China, explains Wired.

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GlobalTranz

FEBRUARY 25, 2020

Listen to “Shipping Rates for 2020:L What does the Crystal Ball Say?” The post [PODCAST] Shipping Rates for 2020: What does the Crystal Ball Say? ” on Spreaker. appeared first on Transportation Management Company | Cerasis.

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Turvo

NOVEMBER 16, 2021

Although the US economy is getting back on its feet, the supply chain industry continues to grapple with disruptions, some of which have been hampering operations since early 2020. During the holiday shopping season, sky-high ocean freight rates are major contributors that will strain the industry and shoppers alike.

Freight 85

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Intelligent Audit

MARCH 18, 2020

The question now is what will the impact of such a recession be, particularly on shipping. In a fairly ominous report sent out this week, Morgan Stanely stated that “Global recession in 2020 is now our base case.”. What Happens to Shipping. drop in air, rail, freight, truck volume from the same time the previous year.

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Supply Chain Game Changer

JULY 2, 2021

Shipping container shortage article and permission to publish here provided by Sam White at Argentus. The massive global shipping squeeze. In their story about the shipping shortage, the CBC quoted shipping analyst Alan Murphy, who detailed how this changing demand has massively disrupted the global shipping market.

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Freight Center

DECEMBER 22, 2020

2020 has been a year none of us will ever forget. But, even with the unpredictability variable always at play, there are ways you can prepare for a better shipping year ahead. With all the surprises, curveballs, and challenges we’ve all faced, supply chains of all sizes were tested more than they ever were in recent years.

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GlobalTranz

SEPTEMBER 23, 2020

[link] Let’s Talk – 2020 Peak Season Every summer and early fall, shippers and carriers around the globe begin to prepare for the peak shopping and shipping seasons. The post Why Peak Season 2020 Is a Novel Opportunity | Talking Freight VIDEO appeared first on Transportation Management Company | Cerasis.

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