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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.
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? So why does there seem to be hesitancy among ocean carriers for a more meaningful shift to eBookings? The data shows this too.
Meanwhile, massive passenger airline restrictions dramatically reduced air cargo capacity, sending rates through the roof. WebCargo Sky , the world’s largest air cargo platform for live pricing, capacity assessment, and eBooking from global airlines. And, of course, then the potential recession started to tamper demand.
Much of the world is clamoring for finished products from their usual suppliers; but dwindling cargo space, skyrocketing transportation costs, and component delays make it difficult to keep shelves stocked. Download our ebook for practical guidance: 8 Winning Strategies for Managing Supply Shortages. Knowledge is power. ?
As a disclaimer, WebCargo , a Freightos Group company, does offers digital services to global forwarders and carriers, including online sales portals, digital eBooking, multimodal rate management and the Freightos.com freight marketplace. . Today, 75 to 80% of cargo arrives on time. The Maersk Shift: Where it started.
The Freightos Group is proud to announce that FedEx Logistics has rolled out WebCargo AcceleRate by Freightos, our multi-modal rate management and sales digitization platform, and WebCargo Air , the premier air cargo pricing, quoting, and eBooking platform, which spans over 330 airlines. .
The industry has shifted towards more digital procurement already, with instant pricing, rating and even eBooking; this could take it one step further. ERP System Decision Making: Integrating AI into ERP systems could automate purchasing decisions based on real-time data on shipping rates and capacity.
I wrote an ebook with definitions for each of these services a few years back. Below are the 5 categories of logistics services along with a listing of the 46 services. Logistics Services. Inbound Logistics. Just-in-Time (JIT). Payment Auditing / Processing. Transportation Services. Package Delivery. Less Than Truckload (LTL). Intermodal.
WebCargo received its first airline API in 2018, and by last year there’ve been dozens more airlines sharing data by these APIs, enabling more than a million eBookings a year on WebCargo. Here’s How We Get There Part of the frustration stems from comparisons to other, similar industries including air travel for passengers.
Similar behavior was seen across road transport and air cargo. Explore how parcel and express delivery companies can leverage technology to tackle the logistics challenges while reducing operational costs and improving EBITDA margins by downloading our eBook now.
Market-optimized pricing and capacity will finally become the standard in air cargo – if the industry is able to follow the lead of other industries, including passenger air travel, that have leveraged digitization to reach this goal. Air cargo is a different story. Other industries have leveraged this digital shift.
In August 2016, Freightos acquired WebCargoNet , a Barcelona-based technology provider of air cargo rate management and eBookings. In just five years, Freightos technology has helped a thousand logistics providers operate more efficiently, while the Freightos Marketplace has shown fantastic growth and retention indicators.
The industry has shifted towards more digital procurement already, with instant pricing, rating and even eBooking; this could take it one step further. ERP System Decision Making: Integrating AI into ERP systems could automate purchasing decisions based on real-time data on shipping rates and capacity.
GET our EBOOK HERE. Road freight forwarding is the process of physically transporting cargo by road using different types of motor vehicles. In this article, we’ll elaborate on the methods of road freight and talk about all the advantages of using it as the primary form of cargo transport. Infographic). Delivery in Rural Areas.
I wrote an ebook with definitions for each of these services a few years back. Below are the 5 categories of logistics services along with a listing of the 46 services. Logistics Services. Inbound Logistics. Just-in-Time (JIT). Payment Auditing / Processing. Transportation Services. Package Delivery. Less Than Truckload (LTL). Intermodal.
I wrote an ebook with definitions for each of these services a few years back. Below are the 5 categories of logistics services along with a listing of the 46 services. Logistics Services. Inbound Logistics. Just-in-Time (JIT). Payment Auditing / Processing. Transportation Services. Package Delivery. Less Than Truckload (LTL). Intermodal.
Get Our EBOOK HERE. When it comes to booking shipments, freight forwarders are usually fine in accomplishing some last-minute requests, though it might indicate that they have to use their connections to keep the cargo moving, which may require a higher fee. Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer.
Instant eBookings on the Freightos platform have enjoyed a staggering compound annual growth rate (CAGR) of 272% in the last 3 years, with growth dominated by airline bookings. Remember that there was zero airline ebooking at the beginning of 2018. There is progress in digitalizing ocean freight, but its been slow and inconsistent.
And surprisingly, stolen cargo has been added to this list of beverage supply chain challenges. That requires less-than-truckload shipping, which means transport appointments, which aren’t required by full truckloads. This can result in delayed final delivery, which is where just-in-time logistics comes in. Contact us today.
GET our EBOOK HERE. Whether you are a BCO (Beneficial Cargo Owner), Freight Forwarder or NVOCC it is essential that you get this critical component right. The team also needs to understand the characteristics and nature of the cargo. Do You Have Hidden Freight Costs?
Get Our EBOOK HERE. It has already wreaked havoc on supply chains, transport networks, and ports, resulting in a sharp drop in cargo volumes. Thus, even at the peak of the outbreak, spot rates were steady whenever the cargo was less. Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Infographic).
GET our EBOOK HERE. Trucks transfer cargo from one carrier to another. Drayage trucks will also deliver cargo to long-haul trucking companies that will take it to its final destination. When a load of cargo has to get to its destination quickly and urgently, expedited drayage can truck it there. Subscribe Here!
GET our EBOOK HERE. Their Cargo Carousel System links the supply and reverse chains with its ability to drop-off new merchandise and pick-up recyclables at the same time. The Cargo Carousel System may be a smart innovation but, it will need support from the international business community to fully realize its benefits.
GET our EBOOK HERE. The logistical challenges include protecting your cargo, making multiple stops for pick-ups and drop-offs, and connecting with different delivery channels (air, rail, etc.). They can help protect your cargo with tarping and other protective materials/equipment. Subscribe Here! Email Address.
GET our EBOOK HERE. Rougher seas and more frequent storms can cause breakage on cargo ships or even damage to the ship itself, while truckers will have to navigate through pouring rain more often. Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. The Supply Chain Carbon Footprint Reduction Strategy! Infographic).
The discussion emphasized the need for a shift in attitudes among carriers to facilitate meaningful adoption. But TPM24 also showed that – perhaps despite moving slower than many hope – digital adoption continues to march forward and tech often becomes indispensable for those who find the right solutions for their businesses.
Freight innovation frequently focuses on moving data better – like visibility, eBookings , and the new generation of forwarders and brokers. The Tesla Semi Truck Will Change Freight. But changing infrastructure is no less critical. Tesla Master Plan, July 20 2016. What Elon Musk’s Blueprint Means For The Freight Industry.
Cargo that doesn’t fit in a container costs more to ship than cargo that does. It's also way more complicated to ship out of gauge cargo via ocean. To ease the burden on your staff, and your wallet, we put together a detailed online eBook that covers just about every aspect of shipping out of gauge cargo globally.
But what if, despite huge progress – dozens of digitized carriers representing over half of air cargo capacity, hundreds of thousands of real-time bookings, more and more solutions built around it – what if…we admitted that today, right now, it’s not really digital. Or, rather, only a small percentage is.
GET our EBOOK HERE. In March of 2021 the world was astonished when a large cargo ship, the Ever Given, became stuck in the Suez Canal. Virtually everyone is oblivious to the movement of any single cargo ship around the world. Subscribe to Supply Chain Game Changer. Supply Chain Risk Management is a Cirque Du Soleil Calibre Act!
GET our EBOOK HERE. That means airlifting double-dose regimens to protect half the world’s population would require the space in about 8,000 cargo planes. Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Julian Sutch , head of Emirates SkyCargo’s pharmaceutical division, estimated recently that a single Boeing Co.
Doom, whether shorter video game sessions or lost cargo, lurks in the handoffs. Freightos and WebCargo have put out a unified global freight booking platform, connecting carrier pricing, capacity, and ebooking with forwarders (that’s WebCargo), while connecting forwarders with importers (www.freightos.com). I love platforms.
If product is manufactured and loaded onto a cargo ship, there’s every chance that ship will be floating offshore, not allowed to enter a port because of pandemic travel restrictions and complex testing requirements. The perfect logistics storm. He said touchpoints at all levels of the process need to be in sync to solve the problem.
But even when the cargo arrives, ports on both coasts of the U.S. For more information on SIOP and how it can increase your operations efficiency, download our free eBook, Sales, Inventory, and Operations Planning: It’s About Time. Ramp up your hiring.
GET our EBOOK HERE. It’s from that experience that I have embarked on the project that I’m working on now called the Cargo Carousel System. Technology has advanced dramatically over the years and continues unimpeded which is why we’re developing the Cargo Carousel System. Subscribe Here! Email Address.
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