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This Week in Logistics News (February 19 – 25)

Logistics Viewpoints

Carriers, freight forwarders, and shippers that were dealing with the China to North America trade lanes were already operating in crisis mode. They are predicting Ocean is going to increase 2-3x from $10,000 to container to over $30,000 per container and that Air freight spot rates and lead times are going to increase 3-4 times.

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Freightos is going public…and how we got here

Freightos

This is an exciting milestone that accelerates our vision of a digital platform that modernizes international freight and improves global trade. I assumed, after all, that freight carriers would publish APIs simply because they wanted to fill their vessels efficiently. The official announcement is here. First, some background.

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How the Food Blockchain is Bringing Tech to the Table

Zipline Logistics

In an age where food and beverage safety and ingredient sourcing are two crucial product features, blockchain is helping all manufacturers, retailers, and consumers maintain critical visibility. Shoppers want to know how their food and beverage products are made and where their ingredients are sourced.

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Interoceanic Passages

Abivin

This is due in part to the chokepoints they cause in the flow of global freight as well as the fact that they give people access to resources and commercial activity more effectively. Israel experienced problems as a result, as Israeli ships were not allowed to pass through the canal. Then, a decision was made on the canal's use.

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Top 25 3PL warehousing companies in 2020 (by revenue)

6 River Systems

Revenue data is sourced from the companies’ websites and market research platforms such as Macrotrends. A behemoth in the logistics industry, UPS has operations in shipping, air freight, trucking, last-mile delivery and drone delivery. FedEx set out to become a global logistics player as a full-service freight operator.

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This Week in Logistics News (April 2 – 8)

Logistics Viewpoints

Chipotle Mexican Grill says its goal to source and sell chicken that’s certified as humanely raised has been delayed because its suppliers weren’t able to make the necessary changes without disrupting supply. Israel Aircraft Industries is remodeling older Air Canada passenger jets to carry heavy freight.

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Top 8 Industries Affected by The Red Sea Crisis in January 2024

Resilinc

An escalation in conflicts, such as the Israel-Hamas conflict or a shift in Houthi targets to oil tankers and bulk carriers, could have severe implications for the global economy. If the attacks continue, this crisis could trigger inflation due to higher global freight and insurance rates, along with supply chain disruptions. #5

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