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Chris Cser and Joe Lynch discuss global giants – ICAT moves the world’s largest cargo. Summary: Global Giants: ICAT Moves the World’s Largest Cargo In this podcast, Chris Cser, Director of Operations at ICAT Logistics, takes us on a journey through the complex world of global logistics.
Cargo ships avoiding Houthi attacks in the Red Sea face a different kind of delay-causing threat as they go around the southern tip of Africa: storms and 30-foot swells. And now on to this week’s logistics news. Rates for 40-foot containers from Asia to North Europe are at $8,764.14.
I’ve worked in the supply chain for 30+ years, working for major retailers including Kmart, Michaels and Five Below, as well as on the 3PL and logistics side with companies including FedEx, where I was Vice President of GlobalTransportation, and UPS, where I worked as Vice President of Supply Chain Design.
In a prior published commentary, we provided highlights of March and Q1-2022 global production indices along with their implications. We now add highlights of March and Q1-2022 key globaltransportation and logistics indices. Supply Chain Matters Additional Insights. All rights reserved.
It is fascinating to learn about the intricate processes required to move different items on cargo ships or cargo planes, then through the rigorous customs process. Here are just some of the fascinating facts about global forwarding that you can pass along to the people you know. appeared first on Transportfolio.
Omnichannel business models often lead to more complicated global supply chains. With the main focus on maximizing time and cost efficiencies, cargo risk management is often skipped over despite being a critical step in protecting your company. . The risk of delays and lost cargo are real. What risk does your cargo face?
Similarly, air cargo has been a viable mode of globaltransportation and has contributed to expanding markets for many shippers. December 17 th marks 112 years since the first airplane took flight 1. Since then, air has been an essential vessel for people and goods to travel the globe. READ MORE.
I said that the next phase in this evolution would be to expand the scope of the TMC from a largely domestic view to the complexity of globaltransportation operations. I will pick up that thread here. Planners must be able to re-plan subsequent legs to satisfy priorities and service commitments.
Cargo containers. It’s critical that importers monitor current global trade news to ensure they understand any pending customs tariff, duty or trade agreement changes that could impact their material landed costs. These impacted goods are subject to a 25% increase upon arrival into the U.S. Industrial machinery. Optical fibers.
However, the biggest pain point for these global supply chains is the one that seems inescapable – transportation costs. Pain Points Increasing Transportation Costs. No matter how much can be saved from sourcing globally, transportation costs continue to creep in to seriously affect a product’s profit margin.
How General Average Could Ruin Your Ocean Cargo Deliveries | Transportfolio. Start by building your knowledge of how general average works, how it can impact your shipments if general average is declared, and how marine cargo insurance can help you sleep like a baby at night. Ship owners have a lien on the ship’s cargo.
Major Benefits of a Global TMS. Execution control provides the infrastructure that enables the transportation operator to manage, influence, and control all aspects of the globaltransportation activity from Purchase-to-Receipt or Sale-to-Delivery. The Business Case for a Global TMS. Execution Control.
Cargo will continue to move and operations will carry on at the port until an agreement can be reached through these disruptions. GlobalTransportation Supply Chain Port Strike' It’s after June 30, and yet no deal has been reached. The current contract has been extended briefly, until July 11 2014.
Andrea Gruber, Senior Manager, Special Cargo, IATA. Didier Basseras, Vice President, Global Head of Clinical Supplies – Clinical Supply Chain, Sanofi-Aventis. Didier Basseras, Vice President, Global Head of Clinical Supplies – Clinical Supply Chain, Sanofi-Aventis. Tony Wright, CEO, Exelsius (Conference Chairman).
Robinson and other Beneficial Cargo Owners (BCOs) participated to ensure that customers’ voices are heard. Due to the heavy influx of cargo and issues downstream, the containers continue to be stacked making it difficult for the terminals to release the older containers. GlobalTransportation Supply Chain' CURRENT STATE.
These vehicles are particularly susceptible to rollovers due to the high center of gravity and the sloshing and surging of cargo, requiring tanker-endorsement holders to exhibit advanced operational and safety skills. The Importance of Tanker Endorsements Driving tank vehicles requires additional skills compared to other types of trucks.
Montreal uses both the CN and Canadian Pacific Railroad (CP) and is a better, more viable option for Inland Port Intermodal (IPI) cargo. There is also a good possibility that carriers might discharge cargo at the main transship points of Panama, Cartagena, and Colon and declare force majeure. Robinson office for additional information.
While there is no contract extension in place, both parties have pledged to keep cargo moving. The post Market Update: Transportation Industry News appeared first on Transportfolio. Carriers GlobalTransportation Over the Road Supply Chain Carrier Capacity Diesel Pricing Driver Shortage Ports Transportation'
The globaltransportation system in 2021 is experiencing a unique and unexpected crisis. Trade routes from Asia to the US have become so lucrative that shippers don’t even wait for cargo before shipping containers back to Asia, especially when there is no cargo at the port. What happened to the containers?
Labor and Transportation Disruptions are Up Resilinc data shows labor disruptions were up 107% year-over-year. Faced with inflation, layoffs, and long hours, transportation employees are taking action in the form of strikes and protests. On February 17, more than 1300 flights were canceled by Lufthansa Group in Germany due to strikes.
This month’s Market Update highlights key factors that impact the transportation industry in North America and will keep you up to speed on the latest news and topics that matter to your supply chain and business. The post Market Update: Transportation Industry News appeared first on Transportfolio. Large Scale Market Indicators.
What’s probably the number one reason shippers avoid transporting their cargo by air? Air freight is often more expensive than any other mode of transportation. When considering the cost of a modal shift to air cargo, keep in mind that the freight cost is only one component of the equation. You guessed it: Cost.
Want a quick “win” in global forwarding costs? Look at ocean cargo consolidation (less than container load, or LCL). The process of cargo consolidation results in better freight rates for you, and better cargo security measures. Do you have global coverage and LCL capabilities to provide flexibility?
There is cautious optimism that peak season volumes will not be adversely impacted—at this time, cargo is generally flowing as expected throughout the entire U.S. The post Market Update: Transportation Industry News appeared first on Transportfolio. West Coast. Learn more. Driver Shortage. All available drivers are being utilized.
Ikea’s Singapore operations called it a “globaltransport crisis” and estimates 850 of its 8,500 products are affected by shipment delays. Chinese tech giant Alibaba’s logistic arm Cainiao launched a container booking service last week in response to the global shortage.
Three Questions: Your Key to Saving in Global Forwarding | Transportfolio. Want a quick “win” in global forwarding costs? Look at ocean cargo consolidation (less than container load, or LCL). The process of cargo consolidation results in better freight rates for you, and better cargo security measures.
It’s not too late to get your product to store shelves in time for Black Friday, thanks to the swift performance of air cargo service. With significantly shorter lead times than other modes, air cargo can get your product to market in as little as a day. Understand the metrics of air cargo: time and money.
In this February 10, 2023 edition of Supply Chain Matters This Week in Supply Chain Tech we highlight news related to Shopify and Flexport , as well as Frieghtos , each in the transportation and logistics visibility tech segment. The tech company reportedly raised $80 million in the transaction.
In a continued effort to achieve carbon neutrality by 2050, UPS has chosen to test out an electric cargo bicycle within crowded urban cities. The pedal-powered “E-Quad” resembles a miniature version of the traditional brown boxy cargo vans that UPS is known for, without the size that makes navigating urban areas difficult.
It started in 1969 as DHL Air Cargo, and by the late 1970s, the company had expanded its operations and offered services throughout the world. FedEx is the largest cargo airline in the world in terms of scheduled freight tonne kilometers (FTK), a distinction the company has held since 2014, and it’s the fourth largest in terms of fleet size.
So you’ve decided to invest in a globaltransportation management system (TMS). It’s a question that more companies are asking as supply chains continue to expand globally. You simply can’t afford to have a fragmented view of the supply chain when managing the complexities of international cargo movements.
Added safety and health protections, to include vehicle air conditioning and cargo ventilation in all larger delivery vehicles, sprinter vans, and package cars purchased after Jan. All existing delivery vehicles will be equipped with two fans and air induction vents in cargo compartments.
When the expanded Panama Canal opened this June, a new set of routes became available for shippers and beneficial cargo owners (BCOs). Cargo can enter the country via East coast or West coast ports depending on variables such as the type of product being shipped. New Panama Canal Options: Running the Numbers with a TMS.Connect by TMC.
With any kind of widespread health outbreak, global importers and exporters are dealing with unpredictable logistics concerns that require a proactive approach to keep business running as usual. . We also continue to see several airlines cancelling flights in and out of China which can have impact to cargo capacity.
If you utilize air freight to the Oceania region (Australia and New Zealand), you can certainly use our expertise to minimize the impact of market forces and streamline the flow of air-cargo to work in your favor. Over the past few years, we have seen many impacting factors on the air cargo market. Peak seasons have returned.
Too often – make that almost always – importers and exporters (BCOs – Benefiticcial Cargo Owners) are dependent on their NVOCC, Freight Forwarder or 3PL (3PL) to provide them with visibility into their global supply chains. Controlling Information levels the Playing Field.
Specifically stated: Shipping lines with rather rich cash balances from multiple years of windfall profits will likely continue with their efforts toward horizontal integration of either port, land or air cargo services, or electronic brokerage or third party logistics services.
Singapore’s status as a globaltransport hub makes it naturally suited to hosting freeports, with over 100 airlines accessing its airport and 200 shipping lines passing through its port Singapore’s freeport Singapore was established as a freeport in 1819. Freeports can become easy conduits to and from other free trade zones.
Outlook for the Remainder of Year We especially call our readers’ attention to today’s published report by the global business broadcasting network CNBC. With global demand and production levels contracting over most of 2023, there were multiple opportunities to negotiate lower contract prices.
Robinson, you can choose from a wide range of rail service options including full block train, single or multiple containers, less than container (LCL) shipments, and oversize cargo service. Cargo insurance. Since the liable party of a shipment changes throughout a shipment’s journey, consider adding extra cargo insurance through C.H.
However, that may not be the case when shipping your cargo. When it comes to quickly getting what you want, when you want it, there is no service better than air charter for your cargo. The Positive Side of Air Charter Service. Another challenge is that securing an air charter can be extremely difficult without the right relationships.
As POs come in, the provider calculates the dates for cargo to be picked up and continues to verify as the delivery dates approach. Global shipping options and how to choose the right one. You need to make decisions about how you will transport your goods globally. Each method has its advantages and disadvantages.
As POs come in, the provider calculates the dates for cargo to be picked up and continues to verify as the delivery dates approach. Global shipping options and how to choose the right one. You need to make decisions about how you will transport your goods globally. Each method has its advantages and disadvantages.
million TEUs in 2020, and the cargo capacity problem is obvious. Look out over the waters surrounding the ports of Los Angeles and Long Beach, which combined for a throughput of more than 17.3 The long line of vessels sitting in the water, waiting to unburden their bellies of ocean containers is an ongoing story.
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