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More Resources Home Ahead of the Curve: How Digitalization Helped Air Cargo Amidst Red Sea Shipping Diversions Joyce Tai April 2, 2024 If there’s one lingering lesson from the supply chain crisis of COVID, it’s that digitization can help organizations navigate crises…but that digitization can’t be put in place DURING that same crisis.
Amplifying the shippers voice and giving some power back to the companies actually paying for logistics services that is the core reason why the Shippers Council was formed in in 2020. Shippers Council meeting at LogiSYM Asia Pacific 2024 in Singapore.
However, there is one area that Asia could do better to show true global leadership: sustainable growth that respects the environment. Asia Pacific is often looked upon as a slow mover for de-carbonization — the one that only follows what is “required” by the West. It’s no different in the logistics industry.
Chris Cser and Joe Lynch discuss global giants – ICAT moves the world’s largest cargo. Chris is the Director of Operations at ICAT Logistics Detroit where they handle the shipments that other companies don’t, can’t, and won’t. In his off hours, Chris is a sports enthusiast who enjoys cooking.
And now on to this week’s logistics news. and Israeli startups focused on logistics, the supply chain and customer fulfillment. and Israeli startups focused on logistics, the supply chain and customer fulfillment. Several cargo vessels were struck by missiles or drones during the past week.
Judah Levine July 30, 2024 Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) fell 1% to $7,628/FEU. Asia-US East Coast prices (FBX03 Weekly) climbed 3% to $9,824/FEU. Asia-Mediterranean prices (FBX13 Weekly) climbed 4% to $7,796/FEU. Asia dipped 8% to N. Prices out of S.
And now on to this week’s logistics news. It’s having an impact mainly in Europe and Asia. But now ships between Europe and Asia are instead going around the Cape of Good Hope on the southern tip of Africa, which can add anywhere from 10 days to a month of travel time compared to the Red Sea/Suez Canal route.
A third of all cargo is carried in passenger planes. So to meet capacity, airlines started to convert passenger planes into cargo planes at scale. In the last quarter of 2020, it became clear cargo rates weren’t coming down anytime soon. Logistics is global. And it’s not just ocean freight. Credit: Lufthansa ).
It turns out that these bugs were recently, and accidentally, introduced to the US from east Asia. What does this have to do with logistics you ask? And now on to this week’s logistics news: Alphabet’s Wing Develops Fleet of New Drones for More Efficient Package Delivery. Long Beach, LA ports set June cargo records.
Visit our Resource Center Weekly highlights Ocean rates – Freightos Baltic Index : Asia-US West Coast prices (FBX01 Weekly) decreased 5% to $1,927/FEU. Asia-US East Coast prices (FBX03 Weekly) were level at $3,079/FEU. Asia-Mediterranean prices (FBX13 Weekly) increased 1% to $2,338/FEU. Though Asia – N.
Land travel restrictions in Asia extended Chinese New Year, dropping ocean freight demand, which, just weeks later, spiked when the shutdown ended. Meanwhile, massive passenger airline restrictions dramatically reduced air cargo capacity, sending rates through the roof. In 2019, digital freight isn’t a vision; it’s a reality.
Visit our Resource Center Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) decreased 5% to $1,778/FEU. Asia-US East Coast prices (FBX03 Weekly) fell 8% to $2,650/FEU. Asia-Mediterranean prices (FBX13 Weekly) fell 4% to $1,751/FEU. Freightos Air Index data show Asia – N.
Descartes is a software-as-a-service provider of logistics solutions. In some logistics application areas, like global trade compliance , they are a market leader. You can browse headlines on any business news site and see the word supply chain and logistics more than you would have seen before.
Judah Levine July 23, 2024 Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) fell 4% to $7,738/FEU. Asia-US East Coast prices (FBX03 Weekly) fell 1% to $9,571/FEU. Asia-Mediterranean prices (FBX13 Weekly) fell 3% to $7,508/FEU. kg to North America and were level at $3.38/kg
And now on to this week’s logistics news. Thousands of flights were grounded or delayed at the world’s largest air freight hubs in Europe, Asia and North America. And they present a host of logistical challenges. The lead-up to the Olympics has been an up-and-down ride, with the Americans squeaking out a few close games.
Judah Levine August 6, 2024 Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) fell 10% to $6,891/FEU. Asia-US East Coast prices (FBX03 Weekly) fell 2% to $9,661/FEU. Asia-Mediterranean prices (FBX13 Weekly) increased 2% to $7,959/FEU. Prices from Asia to N.
And now to this week’s logistics news. Pandemic has ‘forever altered’ need for logistics space. Washington farm exports crimped by cargo-container shortage. The new approach would enable global maritime cargo carriers to reduce greenhouse gases enough to meet the IMO’s 2050 50 percent reduction and zero-carbon emissions goals.
And now on to this week’s logistics news. Autonomous cargo ship completes 500-mile voyage. During Suzaka’s 500-mile voyage, the autonomous cargo ship performed 107 collision avoidance maneuvers without the help of a human. The post This Week in Logistics News (May 14 – 20) appeared first on Logistics Viewpoints.
Typically, 45% to 50% of cargo is carried in belly holds of aircraft. With such dramatic reductions in flights, Singapore’s status of a logistics hub was put severely at risk. It is currently operating in 12 facilities across the island, with possibly the largest contract logistics footprint in Singapore.
Chile has long been a hub of second-hand and unsold clothing, made in China or Bangladesh and passing through Europe, Asia or the United States before arriving in Chile, where it is resold around Latin America. And now on to this week’s logistics news. She also highlighted the role that logistics companies play in the supply chain.
And now on to this week’s logistics news. Logistics companies are reversing their hiring binge. The hiring frenzy in logistics driven by pandemic-fueled shopping appears to be cooling off. trade with Asia. Other retailers and logistics operators are now following suit. Now we just have to wait another 10 days.
As a Global Air Hub , Container Shipping &Transhipment Mega Port and Regional Logistics Node in Asia Pacific ,Singapore’s Trade dependent economy plunged into unprecedented negative economic growth. TRANSFORMATION OF SUPPLY CHAIN & LOGISTICS VIA DIGITALISATION. wildlife conservation.
The Suez Canal Blockage of 2021 has cleared, and cargo is again flowing through that crucial gateway from Asia to Europe. appeared first on Talking Logistics with Adrian Gonzalez. Read more Will Supply Chain Technology Help Shippers When Next Crisis Happens?
And now on to this week’s logistics news. Descartes Systems Group , a global leader in uniting logistics-intensive businesses in commerce, announced that it has acquired GreenMile, a provider of cloud-based mobile route execution solutions for food, beverage, and broader distribution verticals. That’s all for this week.
As part of the CMA CGM Group, CEVA Logistics has a global reach, which means that we can make a global difference. The logistics business, is predominantly a network business driven by our employees. Keeping that in mind, CEVA Logistics aspires to ensure the protection and professional development of our employees.
The following is a 5,000 word exploration of Maersk’s strategic shift to end-to-end logistics services, based on open sources. So three months after an executive meeting on June 23rd , an updated strategy was released, tracking a radical shift into a slimmer Maersk, focused on providing end-to-end logistics services.
Judah Levine July 9, 2024 Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 12% to $7,864/FEU. Asia-US East Coast prices(FBX03 Weekly) climbed 6% to $8,787/FEU. Asia-Mediterranean prices(FBX13 Weekly) climbed 8% to $7,782/FEU. America and 10% to $1.88/kg
Visit our Resource Center Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) decreased 5% to $1,687/FEU. Asia-US East Coast prices (FBX03 Weekly) decreased 8% to $2,434/FEU. Asia-Mediterranean prices (FBX13 Weekly) fell 9% to $1,587/FEU. Asia – N.
It means being able to see where a shipment or an order is while it’s in transit — whether on a truck, a railcar, an ocean liner or a cargo plane — anywhere in the world. Contrast that with Southeast Asia, where we have to fill the gap with cell phone triangulation. Global supply chains are mind-bogglingly complex. He lives in Chicago.
I asked Troy Ryley, Managing Director of Transplace Mexico, that question in a recent episode of Talking Logistics , and here’s an excerpt of what he said: Asia was the buzzword for many years, and it still is the buzzword in many respects. carriers for $100K, $150K, $250K worth of cargo liability. This] doesn’t exist in Mexico.
Visit our Resource Center Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 3% to $1,548/FEU. Asia-US East Coast prices (FBX03 Weekly) dipped 1% to $2,219/FEU. Asia-Mediterranean prices (FBX13 Weekly) fell 1% to $1,480/FEU. Prices from Asia to the US East Coast and N.
The Emergence of Logistics as Constraint. Advanced planning tools(APS) never considered the issues of logistics. Availability of logistics was always assumed. With the contraction of air capacity and the unprecedented level of imports to the United States from Asia, logistics constraints grew in importance in the pandemic.
Disrupted Logistics in Supply Chain Over the last four to five years, we have experienced disrupted logistics—broadly defined here as the interruption or complete breakdown of the supply chain functions at one or multiple levels. Similar behavior was seen across road transport and air cargo. million vacant job openings.
Today, partners from the logistics industry alone include Toyota, CMA-CGM, and Air Liquide. The team behind Energy Observer wants to gain better information for commercial cargo vessels by vastly increasing the size of the ship. The onboard REX H2 hydrogen power solution is designed based on Toyota’s fuel cell system.
Visit our Resource Center Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 4% to $1,564/FEU. Asia-US East Coast prices (FBX03 Weekly) climbed 3% to $2,213/FEU. Asia-Mediterranean prices(FBX13 Weekly) fell 2% to $1,370/FEU. Asia – N. Asia – N.
Visit our Resource Center Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) decreased 11% to $1,499/FEU. Asia-US East Coast prices (FBX03 Weekly) fell 8% to $2,245/FEU. Asia-Mediterranean prices (FBX13 Weekly) fell 6% to $1,490/FEU. Asia – N.
Visit our Resource Center Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) decreased 3% to $1,499/FEU. Asia-US East Coast prices (FBX03 Weekly) fell 4% to $2,141/FEU. Asia-Mediterranean prices (FBX13 Weekly) fell 5% to $1,400/FEU. Asia – N.
Visit our Resource Center Weekly highlights Ocean rates – Freightos Baltic Index : Asia-US West Coast prices (FBX01 Weekly) decreased 1% to $1,866/FEU. Asia-US East Coast prices (FBX03 Weekly) fell 5% to $2,884/FEU. Asia-Mediterranean prices (FBX13 Weekly) fell 9% to $1,818/FEU. Asia – N.
The Experts’ Choice of the Top Online Logistics Resources. So I went straight to the source and asked consultants, trade reporters, Wall Street Journal reporters and others, what their go-to logistics and supply chain sources were. Experts’ Choice: Supply Chain and Logistics Email Newsletters. Ti Logistics Briefing.
For example, we are helping importers turn on a dime and find shipping routes from South East Asia, while China is partly closed by the coronavirus. This week, Freightos is proud to announce that FedEx Logistics incorporated its digital customs brokerage service into the Freightos.com marketplace.
Sustainability is definitely coming of age in Asia. In fact, IDC predicts that manufacturers across Asia who digitally transform and accelerate sustainable innovation to improve supply chain operations, will increase their revenue by 20 percent in 2025. Making Asia a Leader – One Green Initiative at a Time.
Being a logistics operations professional, I am always concerned about “slipping backwards.” So when it comes to the logistics industry, will companies and managers forget about climate change and carbon reduction targets in favor of making short-term profits? Logistics managers need to continue to focus towards sustainability.
For the past few years, the air cargo market has greatly benefited from international e-commerce. According to the International Air Transport Association (IATA), 80% of e-commerce is transported by air and makes up upwards of 30% of total air cargo volume. Rethinking supply chains is a reader-supported publication.
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