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Is your freight invoice accurate? A new study claims it might not be.

The Logistics & Supply Chain Management Society

But what is even more complicated is freight billing and handling freight payments: what a cargo owner is initially quoted is often different from what he later is asked to pay. A 2021 Cargo Owners and freight forwarders survey, confirms this. Shipping freight across the world is a complex matter. Lack of trust.

Study 246
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Importance of Digitalisation to Improve Supply Chains: Helping Businesses Navigate Through Supply Chain Disruptions

The Logistics & Supply Chain Management Society

Automation, cargo tracking, robotics, and remote fleet management are all examples of how IoT can be used to harness organizational data and gain insights into key processes. DB Schenker is leveraging sensor data from cargo in transit to monitor and control high-value shipments or sensitive shipments, such as with cold chain logistics.

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Global Supply Chains — A Source of Strength

Enterra Insights

3] Following year-long discussions about supply chain resilience, the Economist reminds us, “Resilience comes not from autarky but from diverse sources of supply.”[4] ” The magazine goes on to argue that retreating from global trade would be a huge mistake. ” The BCG analysts agree.

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CSR Initiatives in the Global Supply Chain

The Logistics & Supply Chain Management Society

In addition, we have taken several steps in the past few years to affect industry change, such as being an active member of the Clean Cargo Group and joining the Sustainable Air Freight Alliance (SAFA). LogiSYM Supply Chain Magazine – September 2021. Photo Credit: United Airlines. million gallons of SAF this year.

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Information Sharing Communities for Digitally Enabled Supply Chain Visibility – LogiSYM October/November 2020

The Logistics & Supply Chain Management Society

port authorities and terminal operators, regulatory bodies, and Beneficial Cargo Owners (BCO) are all working on this topic. Ports and hinterland carriers want to know what cargo (and how fast it) is approaching them, and where it is heading. Logistic Service Providers (LSP), carriers, intermodal operators (air, sea, ground etc.),

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The Great Maersk Shift

Freightos

The following is a 5,000 word exploration of Maersk’s strategic shift to end-to-end logistics services, based on open sources. Other sources reported that DB Schenker was not the only forwarder making this shift. Today, 75 to 80% of cargo arrives on time. Driving the Maersk Shift.

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Management of Ocean Transit Time Reliability and Visibility

The Logistics & Supply Chain Management Society

Source: Sea-Intelligence Source: Sea-Intelligence The number of blank sailings are at the lowest we have seen since the pandemic started. Although 2023 first half reliability has been improving to around 65%, the lead time variability is still high compared to other modes of transportation, and still below pre-pandemic levels.