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Headquartered in Germany, Ocean Insights is a leading ocean supply chain visibility and market intelligence provider that supplies real-time tracking data and market analysis to large shippers from a broad range of industries, including automotive, manufacturing, food & beverage, commodity trading, chemical and freight forwarding.
Europe is a fragmented market, and maintaining visibility over a vast multimodal freight ecosystem throughout the continent is no mean feat. Some key findings: Most respondents (67%) cited end-to-end freight traceability as their biggest pain point when transporting goods. For Germany, it’s unanimous at 100%.
In this article, Eytan Buchman, Freightos’ CMO, discusses the importance of data and context in global freight and logistics. The future of global freight data lies in real-time information, contextual insights, and aggregated data that can help companies make better decisions and adapt to a rapidly changing industry.
The Netherlands-based online grocery store Picnic Technology raised €355 million in investor capital as part of plans to expand into France and Germany. Skydio, an intelligent drone technology, received $230 million Series E fundraising.
He founded STORD along with co-founder Jacob Boudreau after experiencing the challenges of fragmentation and disconnected technology of the third-party logistics industry (3PL) first-hand while working in supply chain optimization for a global automotive manufacturer in Germany. Sean attended Georgia Tech prior to founding STORD. About STORD.
Brittany Traylor is the Founder and CEO of TraylorTranspo, an asset-based freight brokerage that streamlines the logistics function and delivers a superior customer experience using consumer-grade freight tech ( Turvo ). TraylorTranspo is an asset-based freight brokerage based in Dallas, Texas. About Brittany Traylor.
International Air Freight Shipping: Definition. 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. International air freight and express freight shipments are not the same thing.
Germany Freezes the Nord Stream 2 Project. Germany responded by halting certification of the Nord Stream 2 gas pipeline. That’s more than 50% of Germany’s annual consumption and could be worth as much as $15 billion to Gazprom, the Russian state-owned company that controls the pipeline. Russia Attacks Ukraine.
As a disclaimer, WebCargo , a Freightos Group company, does offers digital services to global forwarders and carriers, including online sales portals, digital eBooking, multimodal rate management and the Freightos.com freight marketplace. . The Freight Game of Thrones. The Maersk Shift: Where it started.
The biggest European automaker announced that it is considering shutting down sites for the first time in Germany and ending job security agreements after continued ignorance towards overcapacity and lack of competitiveness. Volkswagen has lost an estimated 500,000 car sales, which is the equivalent of around two plants.
How Freight Disrupted Itself. In the last year, a new dynamic has begun to reshape the freight industry. Phil knows his (freight) stuff. In his PhD thesis he developed a product to secure ocean freight rates with financial derivatives. Declining Freight Rates. Suddenly the freight industry is not so opaque.
Late 2021 saw Maersk continue to shift towards vertical integrations, with acquisition of Senator, a German freight forwarder for $644 million dollars. While Facebook is looking at virtual reality, Alibaba and Amazon are looking more at freight. More on Maersk’s transition to an end-to-end provider can be found in this 2020 report.
The surging Delta virus, devastating floods in China and Germany and cyber attacks on South African ports are amongst the latest in a series of events that continue to send shock waves throughout the system. For more than a year, global supply chains have been buffeted by one major disruption after another. The impact?
Not even B2B is spared from these changing expectations (which is why we at Freightos launched an online freight marketplace ). While freight industry executives likely sighed with relief when an update of Amazon’s logistics.amazon.com page on June 28th turned out to be nothing more than a franchise model for courier delivery services.
HP launched its new commercial Metal Jet S100 Solution in September 2022 and two months later showcased the 3D printer for the first time publicly at the Formnext exhibition in Frankfurt, Germany, along with a new John Deere production application. FedEx Express moves an average of 6.3 billion.
As air cargo rates reduce, indicating a return of freight capacity, but could this also signal a massive carbon emission increase? In a recent report published by the Kuehne Logistics University in Hamburg, Germany, 90 senior executives were asked how their businesses were working to improve the environment by cutting carbon emissions.
Most recently, the recent disruptions in the Red Sea that saw ocean freight rates from China to Europe by over 190% and saw transit times lengthen, sea-air services offered a strategic advantage for logistics professionals able to remain agile, by watching trends and jumping at opportunities to ensure a resilient supply chain.
Now the entire freight transportation industry, across air, ocean, road, and rail sectors, is awash with disrupted expectations and has retreated into survival mode. Let’s take a look then, at each sector in turn, starting with air freight. Air Freight Transportation Trends 2020. The Freight Rate Roller Coaster.
Built by Swedish freight technology company Einride, the Pod features a tall, glass window behind which the vehicle’s sensors can be placed high for maximum situational awareness and thus safer deployment. The company uses a dark store model with 40 spread across Germany, the UK, and Netherlands.
Instead, you can choose between parcel, freight, courier or LTL shipping as needed. Choosing the carrier with the lowest freight rates is important. Furthermore, you could decide to consolidate individually packaged shipments from Germany to the UK using Carrier B. Many expect free shipping, or at least, low shipping costs.
This technology company is headquartered in Friedrichshafen, Germany. If a planner knows that the necessary components won’t arrive on time by ship, and that air freight must therefore be used to expedite the shipment, “it makes a huge difference on air freight rates if you need to have a ton on the airplane next week versus in 4 weeks.”.
Deutsche Post will deliver AmazonFresh goods in Germany (Reuters). January 2017 North American Freight Numbers. Meanwhile, Reuters reports that “Deutsche Post’s package service DHL will deliver goods for Amazon’s AmazonFresh service in Germany, several people close to the matter said on Wednesday. in February.
A behemoth in the logistics industry, UPS has operations in shipping, air freight, trucking, last-mile delivery and drone delivery. billion (December 2019) Headquarters: Bonn, Germany CEO: Frank Appel 3. FedEx set out to become a global logistics player as a full-service freight operator. Revenue: €63.3 billion/$72.43
According to the press release: UPS now offers the rail service from Chengdu, China, to Lodz, Poland, and from Zhengzhou, China, to Hamburg, Germany. The new rail service is up to 50 percent faster than ocean freight and up to 70 percent less costly than air freight.
Robots set to aid postal workers with deliveries in Germany ( Reuters ). February 2016 Freight Transportation Services Index (TSI). If the rumors are true, the next piece in Amazon’s logistics puzzle is buying an airport, specifically Hahn airport in Germany. Finally, if you’re keeping a pulse on freight activity in the U.S.,
Amazon Air opens first European hub in Germany Amazon Air, the in-house cargo airline of the online retailer, has opened its first regional air hub in Europe, shifting shipments away…
While reshoring is most prevalent in the United States, other countries like the United Kingdom and Germany are also making the transition. Another growing trend is the reshoring movement, in which companies bring production back to their home country or a nearby region.
Rebounding freight volumes and the proximity of the electronic logging device (ELD) mandate are set to change the industry in 2017, reports Sean Kilcarr of FleetOwner. The LTL freight industry outlook for 2017 would be incomplete without addressing warehousing difficulties. This will be the most important trend to watch in 2017.
But issues surrounding labor and rising fuel prices pose real threats to the freight industry. Technology Comes to the Aid of Freight Companies. To address this, Hapag-Lloyd, a global shipping company based in Germany, launched Quick Quotes just last month. For comparison, in 2016, diesel fuel prices were just US $2.14
Registered airlines moved 885,277,991 mt-km of freight in 2015. billion worth of goods to China, the US, Germany, Japan, India, Botswana and Namibia. Primary import partners included China, Germany, the US, Saudi Arabia and India. South Africa also exports electricity to other southern African countries.
Registered airlines moved 885,277,991 mt-km of freight in 2015. billion worth of goods to China, the US, Germany, Japan, India, Botswana and Namibia. Primary import partners included China, Germany, the US, Saudi Arabia and India. South Africa also exports electricity to other southern African countries.
Venue: Messe Frankfurt Venue GmbH, Frankfurt am Main – Germany. Cool Chain & Temperature Controlled Logistics Europe is coming to Frankfurt, Germany! The viability of sea freight – don’t miss the panel debate with Maersk! Organiser: IQPC. URL: www.coolchaineurope.com . Standardisation of quality auditing for airlines.
eBay Germany launches click and collect, same-day delivery (Post & Parcel). August 2014 North American Freight Numbers. Here’s the news that caught my attention this week: Free Shipping Is Going to Cost You More (WSJ – sub. Target Offers Free Holiday Shipping (WSJ – sub. Ryder Reports Record Third Quarter 2014 Results.
Spain has 99 airports with paved runways, most of which can handle freight planes. billion mt-km of air freight in 2015. In addition, the country has 10 heliports, making air travel and freight delivery a relatively simple matter. Primary trading partners included France, Germany, Italy, Portugal, the U.K. and the U.S.
Freight invoice audit services can make a huge difference in recovery for shipping and transportation companies of all sizes, especially as disruption continues. is also battling a shortage of truckers, as is Germany, with the former also experiencing large backlogs at its ports. Freight Class. Bill of Lading. Fuel Surcharges.
It is bordered by Belgium, Germany and the North Sea. In 2015, registered air carriers moved more than 5 billion kmt of air freight. Primary trading partners included Germany, Belgium, the U.K., Primary import partners include China, Germany, Belgium, the U.S., With a total area of 41,543 sq. state of New Jersey.
July 2014 Freight Transportation Services Index (TSI). Cass Freight Index Report for August 2014. Robinson announced that it has opened a new office in Hamburg, Germany. CSX Launches Industry’s First On-Demand Mobile Application to Enhance Railroad Incident Response. Robinson Opens New German Office. Finally, C.H.
And at the country level, 17 of its top 20 export countries grew export ADV led by Mexico and Germany. But its freight forwarding team should benefit by helping its customers maneuver through such issues and act as a consultant by recommending ways to mitigate global risks. I wear a number of hats these days.
But issues surrounding labor and rising fuel prices pose real threats to the freight industry. Technology Comes to the Aid of Freight Companies. To address this, Hapag-Lloyd, a global shipping company based in Germany, launched Quick Quotes just last month. For comparison, in 2016, diesel fuel prices were just US $2.14
October 2014 Freight Transportation Services Index (TSI). The company has shown its commitment and investment in Europe by recently opening an office in Hamburg, Germany. . ?Transplace, The new Canadian offices allow Transplace to expand its presence and continue to specialize in Canadian cross-border and intra-Canada freight.
The functionality accounts for all applicable national tolls in France, Germany, Austria and Slovakia. In other transportation-related news, UPS announced that UPS Ground, Air and International, and Air Freight rates within and between the U.S., Canada, and Puerto Rico will increase an average net of 4.9 percent.
Real-time freight visibility is quickly becoming a “must have” capability for transportation managers. Simply put, real-time freight visibility is hot right now, with both customers and investors. presented a great case study on the company’s journey and success with real-time freight visibility. Keegan McCready, Sr.
Twenty heliports can help with the speedy delivery of air freight when necessary. Its primary export partners were Germany, the UK, the UAE, Iraq, the US, Italy, France and Spain. billion in 2017, with China , Germany , Russia, the US , and Italy being the top import partners. In 2017, Turkey exported $155.2 billion in goods.
What’s the current view of logistics in Germany and what can we do to strengthen cohesion in the industry? The “Logistics Alliance Germany” (LAG) is the initiative created to support this objective. And that with success, “Logistics made in Germany” has since been recognized worldwide. Transport & Logistics'
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