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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 cargologistics is coming to a head with Temu and Shein’s entrance to the US market.
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.
Lufthansa Cargo has finalized the implementation of its production planning and control (PPC) transformation project. The new production planning system assists the planners in scheduling the break-down of incoming cargo and the build-up of outgoing freight for onward transport by truck or flight. About Ab Ovo.
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.
More Resources Home Innovative Synergies: Logistics Tech Lessons from Other Industries Judah Levine May 23, 2024 Though the logistics and supply chain 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.
And now on to this week’s logistics news. 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.
The unprecedented cargo logjams off the southern California coast wreaking havoc on supply chains show no signs of waning. Carrier capacity tops the list of parcel shippers’ challenges. E-commerce order volume keeps climbing, straining carrier capacity with shippers sending more parcels outbound and receiving more returns inbound.
And now on to this week’s logistics news. 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. The big three US airlines saw their cargo revenues decline last year as rates and volumes came under pressure.
Meanwhile, massive passenger airline restrictions dramatically reduced air cargocapacity, sending rates through the roof. And, through it all, logistics providers keep critical goods moving. WebCargo Sky , the world’s largest air cargo platform for live pricing, capacity assessment, and eBooking from global airlines.
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.
And now on to this week’s logistics news. 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. At full capacity, the company said, the factory will employ 500 human workers in Salem.
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. The influx of cargo is due to several reasons, according to port officials.
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 ).
And now on to this week’s logistics news. Merchants can use the service, called Multi-Channel Distribution, to send inventory to warehouses run by other logistics providers, other online marketplaces and even to physical stores to be put on shelves. However, most sellers will also see lower estimated capacity limits for November. “In
And now on to this week’s logistics news. Air freight supply has increased, but only by 3% year-on-year, already causing higher costs for shippers due to the limited capacity. And they present a host of logistical challenges. It will be interesting to see if the team is able to dominate when the stakes matter.
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.
And now on to this week’s logistics news. Amazon has launched a new fulfillment center in Riyadh doubling its total storage capacity in Saudi Arabia and increasing selling opportunities for small and medium-sized businesses. million cubic feet capacity can store more than 9 million products, according to a statement. billion.
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. US Air Force wants a commercial Rocket Cargo Vanguard to fly stuff anywhere on Earth. Intel turns to reverse logistics to create “circular economy”. If the project, called Rocket Cargo, goes as planned, it would take advantage of this fast-growing market. billion with exports up.
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 India is the third market where Amazon has launched its freight service.
From its peak, 97% flight capacity was reduced from Singapore Airlines. 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. The incessant flight cancellations caused major constrains to capacity.
Taken together with reports that utilization levels are over 90% to the West Coast, though closer to 80% to the East Coast, spot rates still above contract levels and likely above break-even mean carriers – for now – are managing transpac capacity successfully. Freightos Air Index data show Asia – N. Europe rates of $3.70/kg
The storm sank a cargo ship off the coast of Taiwan and grounded several others. Asia and Africa lanes, which may likewise indicate that more capacity is becoming available across networks as a result of easing conditions on the main trade lanes. Freight news travels faster than cargo Get industry-leading insights in your inbox.
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 Is AI Hype or a Truly Revolutionary Technology Set to Transform Logistics? (AI As someone passionate about efficiency and technology in logistics, but not an expert in AI, I was initially very excited about AI’s potential. In logistics, the cost of an error or exception is always where problems start to balloon.
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.
The platform boasts a network of over 15,000 vetted drivers who own and operate their own vehicles, utilizing their time and excess cargocapacity to earn extra income. FRAYT has a network of over 15,000 vetted drivers who own and operate their own vehicles, utilizing their time and excess cargocapacity to earn extra income.
And though some carriers will reportedly introduce rate increases in mid-August , easing demand and increased capacity for this lane have many doubtful that rate increases will stick. Prices were stable even as demand gradually improved in the first half of the year , since enough capacity stayed in the lane to keep rates from climbing.
And now on to this week’s logistics news. Amazon has been pushing its way into the full-service logistics space for a number of years, bolstering its efforts with last mile delivery vans, ocean vessels, and a fleet of jets known as Prime Air. American Eagle acquired AirTerra, a Seattle-based shipping and logistics startup.
Air cargo visibility is also becoming a more important aspect of overall transportation visibility. This is due to the limited capacity on trucks and boats as capacity has shrunk and demand has surged. It is a lot harder for many companies to find capacity on boats. These changes can add significant time to the ETA.
Congestion at major Asian container hubs is not as bad as a few weeks ago, but is still a factor tying up capacity and causing delays, including some redistribution of vessels – and congestion – to other ports in the region, now including Taiwan. Freight news travels faster than cargo Get industry-leading insights in your inbox.
In air cargo, the seasonal lull combined with overall low demand is pushing volumes below pre-pandemic levels at some of Europe’s major hubs , though some in the industry are hopeful that electronics product launches set to begin soon could drive some peak season rebound in the coming months nonetheless.
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.
For ocean cargo, however, if a shipment gets bumped to the next ship, it can add up to 15 days to the transit time. For ocean cargo, there are multiple sources feeding into ETAs, including the initial Captains ETA as well as ASI data from ship transponders. It is a lot harder for many companies to find capacity on boats.
Despite these efforts, to date the attacks continue, pushing most major carriers representing over 60% of global container capacity, to alter their routes. The decrease in logistics costs led 35% of importers to lower their product prices, possibly contributing to the easing of inflation rates.
This relative stability in September – though these rates, even with elevated volumes, are still partially facilitated by significant capacity restrictions by carriers – could point to the consistency in volumes projected by the NRF and the possibility of a moderate but sustained peak through October. kg since early August.
And now on to this week’s logistics news. Over the last decade, as we have documented here, Amazon has been pushing its logistics arm to be less reliant on UPS, FedEx, and the USPS for delivering orders. With port congestion continuing to cause supply chain and logistics headaches, west coast ports have together an action plan.
The platform boasts a network of over 22,000 vetted drivers who own and operate their own vehicles, utilizing their time and excess cargocapacity to earn extra income. FRAYT has a network of over 15,000 vetted drivers who own and operate their own vehicles, utilizing their time and excess cargocapacity to earn extra income.
Weather delays can affect shipping lanes, manufacturers face product shortages, demand continues to spike for certain products, containers are difficult to acquire, and the trucking industry faces a driver and capacity shortage, just to name a few. When we think of fraud in the supply chains, often we think about organized cargo theft.
This can mean more efficiently matching loads with capacity, using visibility tools to predict more accurate ETAs, optimizing routes, and ensuring that trucks can be loaded and unloaded as efficiently as possible. AI can be used to “learn” about constraints, such as capacity, regulations, and hours of service, and properly plan shipments.
Crossing one million bookings annually in 2023, we’ve made significant headway in digitizing spot freight pricing and bookings, especially in air cargo. Most larger shippers move the lion’s share of their capacity using long-term contracts. Stay tuned for more updates on our journey and our latest innovations in the logistics industry.
Their network features include pick-ups seven days a week, flexible sortation, eco-friendly use of passenger flight cargocapacity, and diverse last mile partners. Maergo eliminates the need for expensive regional distribution centers and complex carrier relationships.
The state of the trucking market in 2021 is uncertain, filled with risk, and continues to evolve, making logistics management challenging.? Capacity Constraints Continue to Arise. Capacity constraints continue to come under microscope as shippers look for a better understanding to the state of the market. According to the?
While COVID-19 had a significant impact on the current state of the LTL market, capacity was already constrained prior to the pandemic as carriers right-sized their fleets and were challenged with the ongoing driver shortage. Port backlogs, cargo limitations on container ships, and a lack of available equipment and port facility staffing.
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