3PL Insights

NOVEMBER 15, 2021

Amidst all of these stories of shortages and bottlenecks, we thought it would be helpful to explain the basics of shipping ocean freight. In this article, we will explain the shipping process, identify the different types of cargo, and show the benefits of ocean freight shipping. What is Ocean Freight? Types of Cargo.

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Freightos

JANUARY 15, 2024

The implication for global freight beyond the now typical uncertainty is predictably elevated operational costs and soaring freight rates. This is a significant shift from late 2021, when 93% faced serious disruptions. In other words, while demand was dropping, supply of capacity was increasing.

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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. A third of all cargo is carried in passenger planes.

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Freightos

SEPTEMBER 14, 2022

The low rates that triggered Hanjin’s bankruptcy in 2017 quickly became a thing of the past, as surging demand, congestion, and a litany of global shipping catastrophes pushed ocean freight rates into the stratosphere. Including, of course by leveraging global freight tech for BCOs. The Weekly Freight Update. View weekly update.

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The Logistics of Logistics

OCTOBER 25, 2023

Mark spent over 7 years in leadership with the second largest freight brokerage in North America, Total Quality Logistics. 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. Mark earned a B.S.,

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The Logistics & Supply Chain Management Society

OCTOBER 14, 2021

Singapore 12th August 2021: Recognising the heightened focus on overall supply chain performance due to increased disruption and challenges, shippers, manufacturers and beneficial cargo owners (BCO’s), are increasingly faced with soaring freights rates and what they, correctly or otherwise, perceive to be sub-standard or inferior service.

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Logistics Viewpoints

FEBRUARY 2, 2024

UPS is seeking alternative strategies for its truck brokerage business, which has seen sales plummet amid a freight recession marked by declining rates and over capacity. More than $728 million is on the way to communities around the nation to bolster intermodal freight infrastructure. The money is coming through the U.S.

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The Logistics of Logistics

FEBRUARY 12, 2021

Predict and Prevent Freight Damage with Ilya Preston. Ilya Preston and Joe Lynch discuss ways to predict and prevent freight damage. Freight damage is not only expensive and upsetting to customers, but it is also ridiculously hard to figure out where, when, and how it occurred. Key Takeaways: Predict and Prevent Freight Damage.

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Turvo

DECEMBER 21, 2021

Going into 2021, supply networks were already dealing with rising demand, increasing port congestion, and production delays. Furthermore, port restrictions and the Ever Given being stranded in the Suez Canal for nearly a week slowed cargo movements and worsened congestion. percentage points. Global chip shortages.

Pharmaceutical 82

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The Logistics of Logistics

SEPTEMBER 23, 2022

Jeff is the CEO of Tucker Company Worldwide , the oldest privately-held freight brokerage in North America, specializing in notoriously complicated freight, like temperature-controlled, oversized, and high-value, high-security shipments. Jeff Tucker and Joe Lynch discuss the Breakbulk Americas conference. About Jeff Tucker.

America 184

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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. 2021 marked DB Schenker’s 51st year in Singapore. With longstanding strategic partnerships with the carriers, they were able to switch freight modes with ease, even amidst the tight market. Singapore’s Status a Global Hub.

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Zipline Logistics

JANUARY 4, 2021

It was a tale of two freight markets during the past year due to the global pandemic that reshuffled consumption and commerce. We saw historic freight lows in the winter and early spring, followed by landmark highs in the summer and the remainder of the year. ” Expectations for the Trucking Market in 2021 .

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The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

To help our customers keep track and make informed decisions about their freight transportation options, we have developed “ a logistics eco-calculator” hosted on our website. LogiSYM Supply Chain Magazine – September 2021. Synopsis: GeTS Webinar 9th Sept 2021. Photo Credit: United Airlines. Acting for Responsible Trade.

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ToolsGroup

APRIL 1, 2022

In 2021, 87% of Americans were negatively impacted by the supply chain. 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. Chain Store Age ).

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GlobalTranz

NOVEMBER 17, 2021

A 2021 Peak Shipping Season survey conducted by Edelman Intelligence found hiring to be a strong concern among supply chain decision makers with 90% having a strong need to increase hiring to account for peak season and beyond. Higher freight volumes. Download the Report: 2021 Peak Shipping Season Survey. Download Report.

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Freightos

NOVEMBER 11, 2021

The ”end” they refer to – whether it’s forwarding, fulfillment, or platforms for B2B or B2C sales – remains fairly ambiguous, spanning an acquisition of fashion logistics company HUUB in September 2021 to an investment in rapid fashion production company Unmade. Accelerating the shift. Image via StarAir.dk). Enter Big Tech.

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Intelligent Audit

JULY 14, 2022

Cargo vessels, planes, and semi-trucks portray freight transportation as they cross great distances to get loads to their final destination. However, without the correct paperwork, freight can’t leave the ground. dollars in 2021. dollars in 2021. Visible Damage is the Most Common Cause for Freight Claim.

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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

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CH Robinson Transportfolio

AUGUST 17, 2021

For global freight shippers, managing disruption comes with the job. Supply chain disruptions that consist of port and terminal congestion, shipping delays due to high cargo volumes, lack of labor due to Covid-19 and limited space have caused a myriad of challenges for shippers. After mergers and consolidations, only 9 remain in 2021.

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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?

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Freightos

FEBRUARY 28, 2022

Which brings us to international freight. trillion dollars in 2021 , up 13% from 2019. The cost of importing a 40’ container from China to the United States West Coast grew 1,000% from $1,800 in 2019 to over $20,000 in September 2021 according to our Freightos Baltic Index (FBX). and a shifting international format mix.”.

Negotiating Skills 177

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The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

When moving cargo, can shipments be consolidated more? Tim has crafted delivery solutions for many e-commerce clients and managed the supply chains for several chemical and freight forwarding companies. LogiSYM Supply Chain Magazine – September 2021. Synopsis: GeTS Webinar 9th Sept 2021. Can pallets weigh less?

Asia 245

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The Logistics & Supply Chain Management Society

JULY 15, 2021

CALISTA is a platform that provides companies access to reliable and competitive freight options, timely visibility of cargo movements, accurate advisory on trade formalities and compliance to regulations, and availability of fuss-free working capital support. LogiSYM Supply Chain Magazine – April 2021.

Optimization Software 246

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Freightos

OCTOBER 31, 2022

His Kickstarter campaign launched in January of 2021 and raised over $3 million dollars. . But then global freight kicked in. . It really got tricky when we hadover thousands of unitsin production and were starting to book freight and suddenly realized that the cost of freight was almost 4 or 5X what we had budgeted.

Supply Chain Planning Software 156

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Operations and Supply Chain Management

OCTOBER 18, 2021

Forecasting Shipping Delays; Cargo Swamps Airports; Alibaba’s Challenge. Freight heavyweight J.B. Hunt’s third-quarter earnings signal a strong market for freight operators, but increasingly restrained economic forecasts suggest clouds on the horizon. Cargo Facts). Copyright 2021 Dow Jones & Company, Inc. |

Forecasting 52

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CH Robinson Transportfolio

AUGUST 27, 2020

After an extremely volatile first half of the year, the challenges in the air freight market look set to continue into 2021, requiring both foresight and forward planning from businesses. A turbulent six months for air freight. This caused an overheated market, with the price of air freight increasing by as much as 400%.

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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

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Ware2Go

OCTOBER 27, 2021

Learn how freight consolidation can help boost profitability and maximize supply chain performance to help SMB’s navigate 2021’s supply chain challenges. Below we look at how freight consolidation reduces costs and speeds up delivery times for fast growing multichannel sellers. What Is Freight Consolidation?

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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. percent in November.”

Freight 52

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The Logistics & Supply Chain Management Society

MARCH 14, 2023

Rates are now starting to stabilise and for ocean freight especially, we are seeing rates closer to pre-COVID levels. Freight procurement is the mainstay of any supply chain professional but price is not the be-all and end-all. What tools we can use to benchmark ocean freight and carriers’ service reliability?

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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.

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Logistics Viewpoints

JANUARY 27, 2023

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 India is the third market where Amazon has launched its freight service. And now on to this week’s logistics news.

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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. After the shipper broadcasts its freight transportation needs, carriers submit their offers for winning the business.

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Freight Optimal Sourcing Modeling Network Optimization 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.

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Intelligent Audit

JULY 29, 2021

As the delta variant provides an added layer of uncertainty throughout the world, experts frantically search for solutions as peak season shipping 2021 approaches. The second half of 2020 featured new growth and unprecedented demand in the world’s economy that has yet to slow and will continue to grow as peak season approaches in 2021.

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Supply Chain Game Changer

JUNE 17, 2021

It has already wreaked havoc on supply chains, transport networks, and ports, resulting in a sharp drop in cargo volumes. If global economic production rebounds, UNCTAD anticipates marine trade growth to return to positive territory in 2021, growing by 4.8 Destabilization in Freight Rates.

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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. In total, McKinsey estimates that $80 billion in funding was made in logistics startups in 2021. billion for the same period in 2021. of the total $80 billion in funding.

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