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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.
More Resources Home The Impact of Fast Fashion Giants On Air Cargo Eytan Buchman April 25, 2024 Navigating New Horizons: The Impact of Fast Fashion on Air Cargo Rates & Dynamics The intersection of fast fashion, globalized retail e-commerce, and air cargo logistics is coming to a head with Temu and Shein’s entrance to the US market.
You’ve seen the Suez Canal memes, you know furniture is taking way longer than usual to get to your door, and you may have even heard about Pelotons shipped by air to reduce delivery times. While the cure for COVID is well on its way, there is no vaccine for what’s afflicting container shipping. And it’s not just ocean freight.
How Shipping Can Help Save The Planet. Last year the Intergovernmental Panel on Climate Change, or IPCC, released their most damning climate report ever. While the facts and the consequences discussed in the IPCC report are frightening, they are not new. But to be honest, the shipping industry is as much of a culprit.
For the past few years, the air cargo market has greatly benefited from international e-commerce. According to the International Air Transport Association (IATA), 80% of e-commerce is transported by air and makes up upwards of 30% of total air cargo volume. Rethinking supply chains is a reader-supported publication.
The long and unpredictable peak shipping season continues to challenge supply chains. A 2021 Peak Shipping Season survey conducted by Edelman Intelligence found hiring to be a strong concern among supply chain decision makers with 90% having a strong need to increase hiring to account for peak season and beyond. Download Report.
Early Peak Season Shipping and Its Implications The survey revealed that nearly half (46%) of small and medium-sized business (SMB) shippers began increasing their importing activity earlier than usual, starting in May and June instead of the typical July. The survey aimed to explore the impact of these changes on their operations.
Amazon in the news: Amazon’s Prime orders are getting delivered faster and faster Hawaiian Airlines slowly adds freighters for Amazon business Walmart in-store AI is giving employees advice on how to sell products USPS delivery unit proposal sparks service, cost concerns for shipping partners White House earmarks $1.5B
The free report is available in PDF with supporting spreadsheets and high-resolution infographics here. Demand for ocean freight was lower than anticipated, and Hanjin Shipping, another top ten ocean liner, was already teetering on the verge of bankruptcy. The Post-2016 Strategy: End-to-end Shipping. Driving the Maersk Shift.
May air cargo volumes rise amid global disruption Freight market pressured again in May, Cass data shows General Motors (GM) is accelerating sustainability efforts in its supply chain, focusing on logistics, materials, packaging, and supplier engagement. That is a decrease of two-thirds over the 661 containers reported lost overboard in 2023.
Air cargo for example, though continuing to make digital strides, is still behind – and is often compared to – passenger travel where digitized capacity, pricing and online bookings have been around for decades and is in some ways the digitalization template air cargo is referencing.
When you can barely see beyond the bow of the ship, when extreme wind and waves threaten to throw you off course – or worse, sink you – it’s understandable that long-term thinking can get chucked overboard like so much extra ballast. It’s an apt metaphor for ocean shipping these past many months. And the list goes on.
Dive deeper into freight data that matters Stay in the know in the now with instant freight data reporting Sign up for Free Analysis Typhoon Gaemi wreaked havoc in the form of evacuations and deadly mudslides and flooding across the Philippines and Taiwan on Thursday and parts of southeast China into Friday. Prices out of S.
Dive deeper into freight data that matters Stay in the know in the now with instant freight data reporting Sign up for Free Analysis Last week, transpacific ocean rates continued their slide that started early this month. Freight news travels faster than cargo Get industry-leading insights in your inbox. Europe rates of $3.70/kg
Global shipping prices are continuing to rise as Houthi rebels keep up attacks on cargo vessels in and around the Red Sea. The disruptions are at a key point for ships passing through the Suez Canal and are creating ripples across supply chains in Europe and the U.S., And now on to this week’s logistics news. East Coast.
Amazon achieved its fastest-ever global shipping times last year but isn’t resting on its laurels. The big three US airlines saw their cargo revenues decline last year as rates and volumes came under pressure. United Airlines – the largest of the three in terms of cargo volumes – registered a 31.1 percent, or $24.5
Washington farm exports crimped by cargo-container shortage. With the third vaccine authorized, these manufacturers are pressing for more companies to be authorized to ship the vaccine. One method of last mile deliveries that has seen an uptick in recent years is drop shipping. HelloFresh boxes sustainability.
Shipping freight across the world is a complex matter. 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.
I can’t export maritime incident data from the US Coast Guard (which could use some tech) but based on this report there were 18 bridge allisions in the United States between 1960 and 2015. If anything, it’s shocking that these incidents don’t happen more frequently. Over that same period, the US imported 37 trillion dollars worth of goods.
In a survey by the Institute for Supply Management released March 10, 2020, almost 75% of companies reported supply disruption due to Covid-19. Maritime Informatics is the application of information systems to increasing the efficiency, safety, sustainability of the world’s shipping industry. Covid-19—the global supply chain awakening.
Though corporations are starting to pay attention to supply chain sustainability, less than half of those surveyed in the CSCMP report know how to make their processes more sustainable. In many organizations, freight shipping has become static: companies use air cargo because that’s what they’ve always done.
Conversely in 2021 when rates were sky high, suddenly companies that had negotiated fixed rates couldn’t get their cargo on the ship without paying an extra premium surcharge. We refined our data, limiting it to actual pricing used by logistics service providers to ship containers, to ensure validity.
These giants have deep pockets, capable of offering low-cost, if not free, parcel shipping. However, that does not mean all shippers must face the challenges to ship parcel at their expense. If shippers charge to ship parcel, customers will simply go to Amazon. Negotiate Shipping Rates Like a Pro.
Topped off by improving time-in-transit and lowering your costs, Maergo is reimagining delivery and changing the way the retailers ship and deliver to their customers. Their network features include pick-ups seven days a week, flexible sortation, eco-friendly use of passenger flight cargo capacity, and diverse last mile partners.
A significant majority – 70% – reported a return to normalcy in logistics operations, with 40% experiencing conditions that were even better than those they experienced pre-pandemic. They should monitor the evolving geopolitical situation and adjust their shipping strategies accordingly.
Global shipping is national news with most stories covering the symptoms. Since 1990, the size of ships increased 3X, but the design of the west coast ports remained largely unchanged. meters, to accommodate ships with 20 rows of containers) and 15.2 meters, to accommodate ships with 20 rows of containers) and 15.2
However, I did see reports on the destruction of Ukraine’s Antonov An-225, the world’s largest cargo aircraft. International shipping has faired well so far. The country’s major service export sectors include air transport; business, professional, and technical services; sea transport, and information services.
When terminals cannot move cargo, the costs can escalate quickly. When shipping giant Maersk fell victim to NotPetya malware in 2017, the costs were estimated at between $200 and $300 million. ARC Advisory Group clients can view the complete report at ARC Client Portal.
Just in time for the holidays, the Ship It Zero campaign is bringing visibility to the impacts of dirty ocean shipping caused by mega retailers all year round but especially as they ship their goods during the holiday season. I KEA earned a B+ in our 2023 Decarbonization Report Card and was the highest scoring company overall.
Well, the Environmental Protection Agency states that this species “ was introduced into the United States in the mid-1990s, possibly stowing away in a shipping container.” Prior to this insight I thought there was no downside to the benefits brought to shipping from the standardized shipping container. Consumer prices jumped 9.1%
Ongoing attacks on vessels in the Red Sea by Yemen’s Houthis continue to disrupt shipping lanes in the chemical industry’s supply chain, according to Al Greenwood, chemicals expert and deputy editor at ICIS. For example, the grocer released its first report on corporate social responsibility efforts last year.
The company said it took a $157 million impairment charge for permanently deactivating the 757 cargo jets along with seven engines. By the end of September, FedEx will no longer be the primary air cargo provider for the U.S. Postal Service after UPS recently won the five-year contract.
A Perfect Match for Our Mission At Freightos, our mission has always been to bring international shipping into the 21st century, using digitalization to make it faster, more cost-effective, and more transparent for the organizations that literally move the world. But we never thought we could do it all ourselves. And it’s happening.
Several mainstream media outlets are providing free COVID-19 updates during the crisis, including WSJ Logistics (you can also subscribe to their logistics report email for free), Financial Times (also offering a free coronavirus business update email), and Bloomberg (offering a free email update). COVID-19 Media Supply Chain Resources.
Much of the finger-pointing involved the movement of shipping containers into and out of port facilities. For the supply chain to work smoothly, a complex and highly choreographed dance, involving both full and empty shipping containers, must be performed. It used to take two days to get cargo off the docks. Now, it takes nine.
US Air Force wants a commercial Rocket Cargo Vanguard to fly stuff anywhere on Earth. MIT spin-off ISEE brings autonomous trucks to shipping yards. If the project, called Rocket Cargo, goes as planned, it would take advantage of this fast-growing market. MIT spin-off ISEE has identified the shipping yard as one of those areas.
From all reports, she is better than ever, and has added a new skill to her repertoire: the Yurchenko double pike (YDP), the most difficult vault in women’s gymnastics. The latest retail sales report for June came in better than expected. The report, which analyzed 8.4 consensus forecast.
American Eagle, Walmart invest in direct shipping to avoid congestion. US ports see shipping logjams extending through mid-2022. Now, however, Amazon is shippingcargo for outside customers in its latest move to compete with FedEx and UPS. American Eagle acquired AirTerra, a Seattle-based shipping and logistics startup.
Walmart added new functionality that lets sellers purchase shipping labels for domestic orders on its marketplace. Ship with Walmart (SWW) was previously available only for cross-border orders. The feature is standard on other major marketplaces, offering sellers reduced shipping rates and integrating with their platforms.
He began his career in the South African Air Force and later spent more than a decade with the International Air Transport Association (IATA), where he held various leadership positions in South Africa, Spain, and the United States, including President of Cargo Network Services Corp., cargo subsidiary. IATA’s U.S.
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). He was also in charge of carbon management and accounting and CSR reporting. Photo Credit: United Airlines. MORE FROM THIS EDITION.
UPS earnings rise as higher prices offset shipping slowdown. Earlier this week, Amazon and Hawaiian Airlines announced that the retail giant will use Hawaiian Airlines to fly its first Airbus freighters on primary cargo routes and to Hawaii beginning in the second half of 2023. Amazon to double Europe EV fleet by 2025.
KCR is a security measure to further enhance air cargo security on commercial aircrafts from global terrorist threat. It will mean that any cargo transported on commercial aircraft will be subjected to security measures before loading onto an aircraft. This is a requirement by the International Civil Aviation Organization (ICAO).
The company released its third annual “Brand Protection Report” on Tuesday, outlining all the details of its battle against counterfeits. It’s also taking action against those caught selling them, according to the report. It stated that 99 percent of all infringements are removed automatically rather than through manual reporting.
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