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And now on this week’s logistics news. Cargo losses escalate as thieves target cars, electronics. The Port of Oakland reported cargo in April dropped 7 percent compared to the same period a year ago due to factory and port shutdowns in China. They’re looking at it and they’re saying, is cargo available? s CargoNet.
I am continuing to work on my latest Transportation Execution and Visibility Systems study, which looks at the total size of the market, the forecasted growth through 2026, and the leading suppliers across a number of categories including industry, region, customer size, and mode. Too often visibility is pigeon-holed into outbound logistics.
Crossing one million bookings annually in 2023, we’ve made significant headway in digitizing spot freight pricing and bookings, especially in air cargo. This drives an additional revenue contributions while adding strong growth potential across our data, solutions and platform business, supporting us reaching breakeven by the end of 2026.
Crews also account for approximately 44 percent of shipping expenses, and crews also take up space that could be utilized for cargo and add weight to the vessel. The post The Future of Autonomous Supply Chains Part 1: Autonomous Shipping appeared first on Logistics Viewpoints.
Material Handling & Logistics ). Material Handling & Logistics ). Retailers like Amazon are chartering private cargo ships, making their own containers, and leasing planes to bypass supply chain disruptions like long wait times for dock space and workers. IATA data shows global demand for air cargo markets jumped 3.7%
First up was UPS’ plan to reduce Amazon volumes 50% by the second half of 2026. increase in revenue per piece and increase in air cargo. The increase in air cargo was due to a reporting change effective Jan. Revenue within its forwarding and logistics businesses increased $282 million. of UPS’ total revenue.
Imagine moving cargo across continents as smoothly as computers process data. He says, “I believe that collaborative logistics platforms demonstrate and validate the need for the physical Internet. Key infrastructure such as “fully operating open logistics networks,” however, won’t be fully functional until at least the 2040s.
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.
As part of our ongoing commitment to keep our blog readers updated on what’s happening in the supply chain and logistics world, we’re launching a regular industry news roundup, which we’ll release periodically. That spells big trouble ahead for food producers and agricultural enterprises reliant on such commodities.
More companies are prioritizing sustainability as a critical component of the future of logistics. Furthermore, other technologies are constantly evolving and becoming more effective in logistics in general and transportation in particular. Optimization is a huge trend and is expected to come to life in 2026 [4]. Data on fuel.
A Pitney Bowes study forecasts ecommerce shipments to double by 2026 and that 90% of US consumers expect free two-to-three-day shipping. In 2022, FedEx and Microsoft announced a cross-platform "logistics as a service" for retailers, merchants, and brands. Where's my package? I wear a number of hats these days.
Freight Transportation Forecast to 2026. This report, available for purchase here , poised some significant implications for the shipping, and by direct correlation, the logistics industry. percent by 2026. This means the increased revenue by 2026 would amount to more than five percent of the total current US National Debt.
Per the contract, Eni will deliver one LNG cargo per month between 2017 and 2032. However, on January 26 th , Eni warned it would not be able to deliver the LNG cargo to Pakistan because of a force majeure incident. Transportation & Logistics should expect longer lead times, increased shipping costs, and increased labor costs.
Everything from hub injection to zone skipping shipping options are easier to attain when logistics and shipping managers understand the legal terms and processes that govern international delivery and parcel transport. Cargo Liability. Some of the need-to-know terms include: Contracting.
And now on to this week’s logistics news. But wind power is also more vulnerable than solar power to many of the biggest logistical hurdles that hinder energy projects today: a lack of transmission lines, a lengthy permitting process and a growing backlash against new projects in many communities. That’s all for this week.
By 2026, the US domestic parcel market is expected to reach 134 million pieces, a 70% increase from 2020, according to FedEx. Meanwhile, the US domestic B2B market will grow at a 5% CAGR through 2026. The last mile will be under intense scrutiny this year as retailers look to reduce costs while managing even more deliveries.
And now on to this week’s logistics news. There’s a mandate in place for full electrification by 2026. The leaders agreed to launch a pilot program for a supply chain early warning system to exchange information about possible disruptions to key production and logistics networks.
I saw an article recently about a cargo flight headed to Belgium from New York that had to turn around mid-flight. And now on to this week’s logistics news. The world’s first cargo ship that produces nearly zero planet-heating pollution is on track to set sail in 2026, according to one of the firms behind the project.
According to The Maritime Executive , Shanghai port authorities expect automated operations to handle 30 million TEU by 2026. And freight-forwarder Hellman will begin a pilot next year using 60 UAVs for air cargo operations between 39 airports in 13 European countries, according to Reuters.
One of the joys of working in logistics is partnering with businesses across a variety of fascinating industries. There are all kinds of fun cargo in niche markets that needs to get hauled. billion by 2026 and strong hemp growing seasons ahead, there’s plenty of hemp that’ll need to get from point A to point B.
One of the joys of working in logistics is partnering with businesses across a variety of fascinating industries. There are all kinds of fun cargo in niche markets that needs to get hauled. billion by 2026 and strong hemp growing seasons ahead, there’s plenty of hemp that’ll need to get from point A to point B.
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