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Cargo theft continues to be a problem, especially around the holidays. And I don’t just mean the winter holidays; cargo theft typically spikes during any holiday season where businesses may be closed for an extra day or two. But what exactly is cargo theft? Cargo theft comes in many shapes and sizes.
Cargo thieves love the holidays. Appliances and furniture, food and beverages, and electronics are hot commodities. That time of year when the industry ships a higher volume of desirable, in-demand goods. Warehouses and distribution centers are top targets.
LG Acquires Majority Stake in Bear Robotics LG Electronics has strengthened its robotics capabilities by acquiring a majority stake in Bear Robotics, a Silicon Valley startup specializing in AI-driven autonomous service robots. The removal of the de minimis exemption, which allowed shipments under $800 to enter the U.S.
LG Acquires Majority Stake in Bear Robotics LG Electronics has strengthened its robotics capabilities by acquiring a majority stake in Bear Robotics, a Silicon Valley startup specializing in AI-driven autonomous service robots. The removal of the de minimis exemption, which allowed shipments under $800 to enter the U.S.
What’s Holding Back Customer-Centric Air Cargo? . As the cream of air cargo’s innovators held turns on the floor, this question came up time and again. The industry’s mindset is holding customer-centric air cargo back. That was my big take from Elevate , presented by Air Cargo World earlier this month.
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. With the reduction in cargo coming out of Shanghai, some carriers aren’t able to fully load a vessel. s CargoNet.
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? Ultimately, the panelists were in agreement that, as in air cargo, the availability of eBooking is not likely to eliminate the role of freight forwarders.
When I tried to file my tax return electronically, the IRS rejected it because “a return with that Social Security number has already been filed,” so I had to file a paper return and wait almost a year to get the situation cleared up and get my refund. Overall, cargo theft is on the rise , as FreightWatch International reported last week.
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 supply chain analysis firm Supplyframe. The cargo deliveries took place July 18 off the coast of Key West, Florida. That’s all for this week.
While the air passenger industry has a solid tech foundation, air cargo does not. And while that’s easy for me to say as a startup, it’s echoed by industry professionals as well: I think, in general, the air cargo industry is still pretty traditional and it’s not really embracing technology. DISCOVER AIR FREIGHT SOLUTIONS.
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.
A Hi-Tech Company’s Control Tower Helped It Better Manage Air Cargo During the Worst Days of the Pandemic In 2014, one of the world’s largest high-tech manufacturers started thinking about a digital transformation that would help them better serve their customers while also generating operational efficiencies.
Walmart said it will host its Walmart Deals – Holiday Kickoff savings event, featuring deals on thousands of holiday gift items across categories such as electronics, home, fashion, and toys, from Monday, October 9 through Thursday, October 12.
Today, 75 to 80% of cargo arrives on time. It fixed a glaring business problem in the industry – a tacit understanding that container liners would charge extra, on top of existing fees, if they had a container they could ship for more (rolled cargo). As long as you know which 75 to 80% is, you can provide a guarantee on that.
Data across the retail sector shows year-over-year order increases through June, including at department stores, electronics, and apparel retailers with bricks-and-mortar locations (32.9%), home improvement (24.4%), grocery & superstores (22.1%), and discount retailers & wholesalers (13%).
Cargo theft is surging across the United States — and food and beverage products seem to be the main targets. Cargo Theft Increases in the United States Cities seeing a spike in freight theft include Los Angeles, Houston, Miami, Savannah, Newark, New Jersey, Memphis, and Chicago.
The port handles about 11 million tons of cargo per year, including automobiles, containers, coal, and farm products. The port closure also creates congestion and delays at other ports and transportation modes, such as rail and truck, that must handle the diverted cargo.
But Molex, a global electronics and connectivity solutions company, has been investing in their intelligent digital supply chain strategy to improve their supply chain agility and customer experience. Those industries include data communications, medical, industrial, automotive and consumer electronics.
FedEx Express will have its aircraft fleet focus on moving priority package volume, while the air cargo giant leans on third-party providers to move less urgent shipments, FedEx President and CEO Raj Subramaniam said during a conference on Tuesday. FedEx Express moves an average of 6.3
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. In layman’s terms, it’s fundamentally about seeing everything, everywhere. But E2E is much bigger, and this is what industry leaders cannot afford to be confused about.
Risks include ongoing Red Sea disruptions brought on by attacks on cargo and container ships, the ongoing Russia-Ukraine conflict destabilizing manufacturing and trade activities, along with Taiwan trade risks brought about by Chinese military drills hindering trade through major sea routes.
Beneficial Cargo Owners) to conduct International Freight in their very-own environment, powered by TRAMES’ technology. Analytics: The ability to harness cargo and freight data can yield significant benefits to any Shipper. Dedicated Freight Eco-Systems: Shipper-centric Freight Eco-Systems allow companies (ie. b) Authenticity.
The rule was aimed at reducing electronic waste and saving customers money by making one port compatible across an array of devices. days for general cargo vessels. The company’s newest iPhones feature a charging plug that is slightly bigger and rounder than its predecessor but capable of delivering a faster charge.
Hiring an IOR agent like GeTS can help you handle all this electronically on your behalf. The CIF is an international shipping agreement representing the charges paid by a seller to cover the costs, insurance, and freight of a buyer’s order while the cargo is in transit.
The Los Angeles and Long Beach ports handle nearly half of the nation’s cargo, and are the main gateway for imports from Asia including automobiles, furniture, clothing, electronic products and […].
In this week’s supply chain and logistics news… Amazon in talks to lease 20 jets to launch air-cargo business (The Seattle Times). Truckers take government to court over electronic logbook mandate. That would help Amazon keep the cargo planes loaded even after the holiday crush ends. Baird & Co.
At the same time, this technology helps decrease the amount of fraud and cargo theft. There is one transferring platform that transfers the electronic data from one end to another. Thus, all the information that you need is stored in one place that is easy to access, which makes the supply chain completely transparent.
Air cargo is used by global importers and exporters when they need to get goods somewhere rapidly and reliably. While 90% of everything is shipped by ocean, air connects the world faster, cutting China-US freight shipping time from 20-30 days by ocean to only 3 days by air cargo. Why Ship Cargo by Air?
Electronics seller Crutchfield Corp. Unfortunately, the market for counterfeit goods, especially on online marketplaces, continues to grow. The retailer has invested in CMC through its $2 billion Climate Pledge Fund, a venture-capital fund focused on investing in sustainable technologies.
Home Depot has not joined the Cargo Owners for Zero Emission Shipping (coZEV) initiative, or the Zero Emission Maritime Buyers Alliance (ZEMBA). LG: At Risk of Failure Electronics mega retailer LG’s presence in our daily lives is nearly ubiquitous. points out of 100, one of the worst among the 28 companies we graded.
Stagnation of Air Cargo and Sea Freight Rates. Air cargo rates will also remain static. However there is good news at the moment because of the drop in jet fuel costs, improving the financial performance of the air cargo companies. This system requires a convoy of trucks with electronic systems. Managing Risk.
Enough to go through every single article published in the top tech blogs – Techcrunch, Verge, Mashable and Recode – since 2007 to count how often articles about logistics startups, freight or cargo were published. Improved cargo capacity by innovative 40 foot container design (fold). Really hot. 4foldcontainers.
Cargo ships and cargo planes carrying electronics, paper goods and food all use the same ports, trucks and planes. Did I miss HSBC in the latest AMR/Gartner Top 50 supply chains ? I am not quite sure, which statement is more perplexing. First, the food supply chain and the supply chain are one already.
The revised Safety of Life at Sea (SOLAS) container weight verification requirement is a significant change in the ocean cargo supply chain. In regard to rolling out the regulation in practice, multiple considerations remain depending on the type of cargo and other factors. The Regulation’s Impact on Ocean Shipping and Data Management.
The fallout from Hanjin’s bankruptcy continues, with $14 billion of cargo still stranded at sea. Cargo owners such as consumer products maker Dorel Industries Inc and the U.S. They said they were forced to make additional payments to get their cargo or were forced to retrieve it from the wrong location. project44 Raises $10.5M
DHL seeded its empire by moving ocean documentation faster than cargo ships. And while air cargo is a bit more advanced, only 37% of air shipments use electronic air waybills. You would think by now flying pieces of paper around the world would be obsolete. But bills of lading are still physical paper.
Fleet management technology involves using technological tools to monitor and control fleets in charge of cargo transportation. The ELD mandate requires commercial motor vehicle operators to use electronic logging devices to record Hours of Service, including on-duty and rest time hours. ELD compliance system. AI dash cams.
Semiconductor Shortage: Electric trucks require advanced electronics, and the recent global semiconductor shortage has slowed production (Although it is currently recovering). Unfortunately, batteries for electric trucks can weigh several tons , which means a tricky trade-off between travel range and maximum cargo capacity.
Similar to what’s happening in North America when it comes to long-haul domestic capacity, which has been affected by driver shortages and the new electronic logging devices (ELD) regulations, strong imports and exports combined with heavy port congestion and an inadequate supply of trained drivers is causing this market to tighten up.
tariff on China electronics is seeing a rise in demand for these products from other countries within Asia. Ports are having to off-load cargo onto the new mega-ships offshore from multiple smaller ships because they don’t have the capacity to handle the bigger vessels. Logistics is a whole other ballgame.
Every mile driven without using cargo space is lost money to carriers and shippers alike. In a sense, this is an automatic process, but it can be leveraged to define new routes, find lagging systems and errors in shipping practices and replace electronic data interchange (EDI) systems. Deadhead results in higher costs.
Schiphol airport gears up for chilled vaccine cargos. The airport is equipped with huge cold storage warehouses where KLM Royal Dutch Airlines employees are preparing for the surge in vaccine cargos that will need to be flown around the world in ultra-low temperatures. UPS will make dry ice, offer freezers for vaccine distribution.
Pentant provides its shipper and logistics service provider customers with a reliable and secure connection to both CHIEF (the central UK Revenue & Customs system) and ICS (the European Union Import Control System) to streamline declaration, cargo security and clearance processes.
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