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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 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 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.
In fact, IDC predicts that manufacturers across Asia who digitally transform and accelerate sustainable innovation to improve supplychain operations, will increase their revenue by 20 percent in 2025. For reasons of climate change and profitability rewards, maintaining a more sustainable approach to the supplychain is obvious.
The National Transportation Safety Board has recommended the installation of such technologies in all new passenger vehicles. and Israeli startups focused on logistics, the supplychain and customer fulfillment. and Israeli startups focused on logistics, the supplychain and customer fulfillment.
General Motors drives sustainability across supplychain FMCSA approves 25% fee increase for carriers, brokers U.S. General Motors drives sustainability across supplychain FMCSA approves 25% fee increase for carriers, brokers U.S. And now on to this week’s logistics news. considers threats to national security.
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.
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 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.
More Resources Home Navigating the Waves: Exploring Digital Booking in Ocean Logistics at TPM 2024 Judah Levine The sessions at this year’s TPM, the preeminent North American ocean freight conference, was more focused on the role of technology in ocean logistics than ever. The data shows this too.
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.
export regulations led to supplychain disruptions. technology from helping China’s military. technology from helping China’s military. The big three US airlines saw their cargo revenues decline last year as rates and volumes came under pressure. percent, or $24.5 billion worth, the survey found.
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.
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.
It took time for the situation to normalize, especially for complex products like semiconductors that require a lot of moving parts in the global supplychain. Just when it seemed that 2024 would be a very welcome year of “normal” supplychains, the Red Sea crisis proved that for global supplychains, there is no such thing.
In this instalment of the series of articles written by the LSCMS Shippers Council, we strive to answer this and delve into the critical aspects of ocean transit time reliability and visibility within the supplychain. What is supplychain visibility and why it is important? 2022 ocean schedule reliability dropped to 30%.
More Resources Home Innovative Synergies: Logistics Tech Lessons from Other Industries Judah Levine May 23, 2024 Though the logistics and supplychain industry has made and continues to make a lot of progress in its digital transformation, it has a reputation for being part of the late majority or even a laggard in terms of digitalization.
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.
A wave of chaos followed that turned the supplychain upside down, forcing it to adapt, transform, and learn at an accelerated pace. 3 long term changes to the supplychain 1. McKinsey research shows that 73% of companies are now pursuing dual-sourcing , and 60% are regionalizing their supplychains.
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).
Executives are plotting alternate supplychains or devising products that can be made elsewhere should China’s hundreds of thousands of factories become inaccessible. semiconductor company Micron Technology, citing national-security risks. manufacturers re-evaluating their reliance on China.
billion ‘Green Gateway’ rail expansion The CrowdStrike software bug that crashed Microsoft operating systems and caused the largest IT outage in history caused disruptions at U.S. The new issue for the global supplychain comes amid a rise in global demand, with shipments up 13% year-over-year in June. billion from $9.4
From upgrading counterfeit detection technology to destroying merchandise and raiding factories, Amazon says it’s pulling out all the stops to prevent fakes on its platform. In this year’s report, Amazon touted the improvement of automated counterfeit removal, stating it cut down on brands’ need to monitor for fakes manually.
Two recently published studies identify the top disruptions that impacted industry, business and global supplychains during 2024 and our expected to be present in 2025. According to the releas e , overall disruptions to global supplychains increased 38 percent on a year-over-year basis.
Starting May of 2023, Steve joined FRAYT as their Vice President of Partnerships. About FRAYT FRAYT is a nationwide, on-demand, last mile delivery solution that offers businesses an automated web, mobile app, and advanced API platform to move their products efficiently and cost-effectively.
Just 14 years later, the first air cargo flight took place in 1910. The third-party logistics (3PL) industry — those that help businesses efficiently manage logistics across their supplychains (from 3PLs to truckers to warehouse managers) — represents an $800 billion industry on its own.” Logistics helps to create value.
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 supplychain analysis firm Supplyframe. The cargo deliveries took place July 18 off the coast of Key West, Florida.
With more and more real-time data and data analytics tools, most operations in supplychains are becoming more innovative. Moving to 2023, data still play an important role in decision-making in transportation management. More companies are prioritizing sustainability as a critical component of the future of logistics.
A few weeks ago I wrote that Little Brown Bakers, the manufacturer behind Girl Scout Cookies , is warning of unforeseen supply issues that will be impacting both manufacturing and distribution of its treats. FedEx now expects adjusted earnings per share for fiscal 2023 of between $14.60 And now on to this week’s logistics news.
Walmart announced that it will pilot agriculture technology with crop supply intelligence company Agritaskto get real-time information on crops and improve sourcing decisions around produce. The company said it took a $157 million impairment charge for permanently deactivating the 757 cargo jets along with seven engines.
Crossing one million bookings annually in 2023, we’ve made significant headway in digitizing spot freight pricing and bookings, especially in air cargo. Imagine the combined power of Freightos’ digital freight platform and Shipsta’s tender procurement technology. That’s exactly where Shipsta comes in. And it’s happening.
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 supplychain and logistics theatre? But is that a real possibility, or are the predictions of supplychain mayhem just so much panic and hot air?
Mark has over 20 years of experience growing businesses at the intersection of commerce, payments, and internet technology. Mark has over 20 years of experience growing businesses at the intersection of commerce, payments, and internet technology. He’s Co-Founder, Chairman and CEO of Deep Lake Capital.
The SupplyChain Matters blog provides perspectives relative to despite having a tentative back-to-work wage negotiation, the outstanding issue of port automation provides added concerns for global industry supplychain teams. ports lag behind other global ports in automation focused on increased throughput.
The majority of positions are for in-store workers while others roles are for the company’s supply-chain facilities. 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.
As air cargo rates reduce, indicating a return of freight capacity, but could this also signal a massive carbon emission increase? Electric technology has matched and will surpass performance of traditional engines. On the ocean and in the air, though, the technological victory is far from decided.
In 2023, roughly 9,700 people were injured by fireworks in the US. Ongoing attacks on vessels in the Red Sea by Yemen’s Houthis continue to disrupt shipping lanes in the chemical industry’s supplychain, according to Al Greenwood, chemicals expert and deputy editor at ICIS. Cities like Napa, Calif.,
From the origin of logistics — with the first efforts made to transport goods and supplies — to today’s most complex management and distribution systems, logistics has become a pillar of the business world. “Logistics can help businesses save money by providing them with the tools to optimize their supplychains.
Jet aircraft have made tremendous efficiency gains with technology over the last few decades. It allows for better tracking of cargo and people in airports, enhanced security, and enhanced safety – just to name a few. Upgrading not only the technology, but also the processes that the technology works in needed to be considered.
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 Mass-market carmakers often prefer to develop EV components in-house and own the technology themselves.
It depends, but if you are near the equator I used a calculator tool to estimate that 100 square meters of solar panels could generate about 20,000 kWh of electricity per year. That is quite a bit of power – and the technology of solar cells is improving every year. MORE FROM THIS EDITION h6 Are Our Agri-Food SupplyChains In Crisis?
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. Air cargo is now essential for global supplychains and offers many benefits for businesses worldwide.
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