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Empowering Freight Forwarders with AI: Insights from Industry Leaders

Freightos

More Resources Home Empowering Freight Forwarders with AI: Insights from Industry Leaders AI Popup #2 July 8, 2024 Dive deeper into freight data that matters Learn More For years, technology has been cast as a threat to freight forwarders. In fact it’s just the beginning. Gaurav Bajaj, CEO, Solvo.ai

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This Week in Logistics News (January 27 – February 2)

Logistics Viewpoints

percent drop in annual sales, UPS forecast a 2024 upswing of as little as 1.1 Soft demand in Europe and the US led to an overall decline of 7.5 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.

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This Week in Logistics News (July 20 – 26)

Logistics Viewpoints

and global ports, with highly complex air freight systems suffering the heaviest hit, as global airlines grounded flights. and global ports, with highly complex air freight systems suffering the heaviest hit, as global airlines grounded flights. consensus forecast. And now on to this week’s logistics news. billion from $9.4

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Increased Demand and Reduced Capacity Prove a Challenge for Air Freight Market

CH Robinson Transportfolio

After an extremely volatile first half of the year, the challenges in the air freight market look set to continue into 2021, requiring both foresight and forward planning from businesses. A turbulent six months for air freight. This caused an overheated market, with the price of air freight increasing by as much as 400%.

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When it Comes to Ocean Shipping, We Have to See Beyond Today’s Squalls and Plan for the Long Term

Logistics Viewpoints

It was recently reported that one of the world’s biggest container logistics companies, Maersk, will only handle cargo from direct shippers, cutting out freight forwarders. 1 carrier stopping its dealings with even a portion of the world’s freight forwarders? It seems to me small freight forwarders, in particular, are at risk.

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Molex Prizes Agility

Logistics Viewpoints

The 2010 Eyjafjallajökull volcano eruptions in Iceland, for example, caused enormous disruption to air shipments across Western Europe. There was no air freight possible then into Europe,” added Gerald van den Eijnden. The planners could choose to switch cargo from a slow-moving ship to air, for example. Keys to Success.

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Report That Global Ocean Container Rates on the Decline

Supply Chain Matters

The Wall Street Journal reported this week (Paid subscription or metered view) that ocean container freight rates related to the most active global shipping lanes continue to decline amid what is traditionally considered the peak shipping period leading up to the holiday fulfillment season in the November-December period. Added Perspectives.

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