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More Resources Home The Impact of Fast Fashion Giants On Air Cargo Eytan Buchman April 25, 2024 Navigating New Horizons: The Impact of Fast Fashion on Air Cargo Rates & Dynamics The intersection of fast fashion, globalized retail e-commerce, and air cargo logistics is coming to a head with Temu and Shein’s entrance to the US market.
More Resources Home September 26, 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. Freightos Air Index data show Asia – N.
More Resources Home September 13, 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 Freightos Air Index rates to $4.78/kg
Blog " * " indicates required fields Email * More Resources Home September 6, 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.
More Resources Home October 4, 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. Judah Levine October 4, 2023 Unbox your Freight knowledge.
Read more The post Above the Fold: Supply Chain Logistics News (October 6, 2023) appeared first on Talking Logistics with Adrian Gonzalez. It creeped back into my head last night while I laid awake in bed. I never had any trouble sleeping, until three weeks ago when one night of.
Read more The post Above the Fold: Supply Chain Logistics News (December 8, 2023) appeared first on Talking Logistics with Adrian Gonzalez. So, while I still have the energy, here’s the supply chain and logistics news that caught my attention this.
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.
More Resources Home October 17, 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. Judah Levine October 17, 2023 Unbox your Freight knowledge.
Over the next three weeks, we’re featuring Chainalytics’ and some guests’- (this week we … The post The Ocean Cargo Forecast for 2023: Switching Conditions in the New Year appeared first on Chainalytics. Costs spiraled out of control, while customer needs were affected by elongated transit times and deteriorating service levels.
Read more The post Above the Fold: Supply Chain Logistics News (August 11, 2023) appeared first on Talking Logistics with Adrian Gonzalez. This year, the night before my birthday, I was playing in a championship softball game, and at my first at-bat, I put the ball in play, and the.
More Resources Home October 25, 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. Judah Levine October 25, 2023 Unbox your Freight knowledge.
Read more The post Above the Fold: Supply Chain Logistics News (February 10, 2023) appeared first on Talking Logistics with Adrian Gonzalez. I am the last man standingno more, after my mother, my wife and four kids,my sister and sister-in-law, my two brothers-in-law too,after 3 years being chased Covid caught up to me too.
Teradyne, which reports earnings on Tuesday, warned investors in its 2022 annual report about the potential impact of the October regulations, and in October 2023 said the restrictions hit both Teradyne’s sales to certain companies in China and its manufacturing and development operations. technology from helping China’s military.
More Resources Home October 31, 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. Judah Levine October 31, 2023 Unbox your Freight knowledge.
More Resources Home October 11, 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. Judah Levine October 11, 2023 Unbox your Freight knowledge.
May air cargo volumes rise amid global disruption Freight market pressured again in May, Cass data shows General Motors (GM) is accelerating sustainability efforts in its supply chain, focusing on logistics, materials, packaging, and supplier engagement. That is a decrease of two-thirds over the 661 containers reported lost overboard in 2023.
The pace appears to have picked up since spring 2023 with investments in Veo Robotics, computer vision company Flymingo, industrial wireless automation startup CoreTigo, Rightbot and Instock. Global shipping prices are continuing to rise as Houthi rebels keep up attacks on cargo vessels in and around the Red Sea.
in push for freight decarbonization China e-commerce exports, unreliable Red Sea shipping boost air cargo Sephora is expanding its take-back and refillables programs Amazon announced that it delivered to Prime subscribers at its “fastest speed ever” in its quarterly earnings on Tuesday.
Air cargo for example, though continuing to make digital strides, is still behind – and is often compared to – passenger travel where digitized capacity, pricing and online bookings have been around for decades and is in some ways the digitalization template air cargo is referencing. But this problem isn’t new.
But the discussion quickly turned to exploring why – given the marked shift to eBookings in air cargo – does the prevalence of eBookings in ocean logistics still lag so far behind? Ultimately, the panelists were in agreement that, as in air cargo, the availability of eBooking is not likely to eliminate the role of freight forwarders.
Responding to the 2023 IMO GHG Strategy by Wolfgang Lehmacher, Mikael Lind and Robert Ward Illustration: Sandra Haraldson, RISE 7 July 2023 marked a historic day for the shipping sector when the International Maritime Organization (IMO) adopted its 2023 IMO Strategy on Reduction of GHG Emissions from Ships (2023 Strategy).
Aimee Loshinsky January 25, 2024 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo In Freightos Q4 2023 KPI press release , we announced that the company surpassed one million bookings across the platform in 2023. Freight is digitizing itself now at real scale.
And the answer lies in how their 2023 went too. Navigating 2023’s Challenges and Looking Ahead While 2023 saw a general decrease in demand, with 60% witnessing a downturn, most attributed this to high inflation and a shift in consumer preferences.
Just 14 years later, the first air cargo flight took place in 1910. 5] Staff, “ National Logistics Day 2023 ,” Logistics Plus. [6] The post National Logistics Day 2023 first appeared on Enterra Solutions. His detailed written record paved the way for future traders and merchants traveling between Europe and China.
According to the cargo theft prevention firm CargoNet, reports of theft, fraud, and other kinds of criminal activity in the supply chain rose 41 percent in the first 20 weeks of 2023 compared to last year, reaching 900 incidents. manufacturers re-evaluating their reliance on China.
Amazon in the news: Amazon, Hawaiian Airlines gear up for 2023 launch of Airbus freighters. Earlier this week, Amazon and Hawaiian Airlines announced that the retail giant will use Hawaiian Airlines to fly its first Airbus freighters on primary cargo routes and to Hawaii beginning in the second half of 2023.
In FY 2023/24, the SCA’s revenue fell to $7.2 As the Houthi attacks only began in earnest in November 2023, after half of the SCA’s fiscal year had passed, the numbers partially reflect business-as-usual performance last summer and fall. billion from $9.4 billion the prior year, a drop of about 23 percent.
Although 2023 first half reliability has been improving to around 65%, the lead time variability is still high compared to other modes of transportation, and still below pre-pandemic levels. Initially during the pandemic, supply chain managers held more buffer stocks to account for disruptions. 2022 ocean schedule reliability dropped to 30%.
Crossing one million bookings annually in 2023, we’ve made significant headway in digitizing spot freight pricing and bookings, especially in air cargo. Airlines representing over 70% of global air cargo capacity are on the WebCargo by Freightos platform and more ocean liners are in the process of joining. And it’s happening.
FedEx now expects adjusted earnings per share for fiscal 2023 of between $14.60 One of the world’s most successful drone delivery companies will be expanding to mainland Europe and the United States in 2023. pounds of cargo in a hold with about 1,800 cubic inches of space. And now on to this week’s logistics news. and $14.00.
As Steve Banker wrote about in last week’s news roundup, the worldwide shortage of semiconductors is expected to last through the first quarter of 2023 at a minimum according to the electronics supply chain analysis firm Supplyframe. The cargo deliveries took place July 18 off the coast of Key West, Florida.
Cargo volumes at the Port of Los Angeles rose 3 percent year-over-year to 828,016 TEUs in August, marking the first increase in 13 months, port officials said. Construction of the 70,000-square-foot facility began last year and is set to open in late 2023.
Their network features include pick-ups seven days a week, flexible sortation, eco-friendly use of passenger flight cargo capacity, and diverse last mile partners. Maergo eliminates the need for expensive regional distribution centers and complex carrier relationships.
Starting May of 2023, Steve joined FRAYT as their Vice President of Partnerships. The platform boasts a network of over 22,000 vetted drivers who own and operate their own vehicles, utilizing their time and excess cargo capacity to earn extra income. Between February 2018 and May 2022, revenue skyrocketed by 1600%.
As we navigate the third quarter of 2023, it's time to examine air cargo's role in global commerce. Air cargo is now essential for global supply chains and offers many benefits for businesses worldwide. Air cargo refers to the transportation of goods via an air carrier, which may be charter or commercial. billion in 2026.
The company said it took a $157 million impairment charge for permanently deactivating the 757 cargo jets along with seven engines. By the end of September, FedEx will no longer be the primary air cargo provider for the U.S. Postal Service after UPS recently won the five-year contract.
With the flipflops being pushed to the back of the closet, email auto-responders being reluctantly turned off and thoughts about procurement, market intelligence for 2023 tenders and Golden Week emerging, now is an ideal time for supply chain professionals to catch up on what they missed. Changing Trends in BCO Air Cargo Procurement.
Moving to 2023, data still play an important role in decision-making in transportation management. Abivin has done a lot of research and helped you understand the top 5 technology trends for transportation in 2023. This data can be used to optimize routes, improve the scheduling of vehicles and cargo, and prevent theft and fraud.
A new year is underway, and what better way to begin our 2023 blog activity than with a summary of the freshest news from the supply chain and logistics theatre? For companies wishing to decouple their supply chains from China but struggling to do so, the current situation presents an unsettling start to 2023.
It allows for better tracking of cargo and people in airports, enhanced security, and enhanced safety – just to name a few. These applications translate ultimately to less down time, less distance travelled, less misrouted cargo, less idle time at the airport, and less flight time circling over the airports, waiting in line to land.
US EPA to set tougher heavy duty emissions rules in 2023. Environmental Protection Agency ( EPA ) said it plans to issue tougher greenhouse gas emissions rules for heavy duty trucks and other larger vehicles through at least the 2030 model year by the end of 2023. And now on to this week’s logistics news.
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 On the heels of last week’s announcement of the launch of Prime Lite in India, the company is continuing to focus its attention in the region.
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