MTS Logistics

FEBRUARY 16, 2024

There are many variables affecting ocean freight rate fluctuations. Although the full list of variables is very long, we can list the following as the factors that have the biggest impact on ocean freight rate increases or decreases. When demand is high, freight rates increase as importers compete for the limited space.

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Freight Cost Reduction Inventory Reduction Scenario Planning 82

Now, That's Logistics

MARCH 23, 2022

This has put companies in the position of once again having to put more time and effort into forecasting, planning, budgeting and generally just thinking way ahead when securing ocean freight capacity for their imports and exports. A Finger on the Pulse of Ocean Freight. What Shippers Want and Need. Brace for Two-Tier Rates.

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Negotiating Skills Purchasing Skills Trends How To 148

Logistics Bureau

MAY 23, 2023

Gain insights into the latest trends in ocean freight from an international logistics perspective and discover how the industry is evolving in terms of global shipping operations. We welcomed back our popular guest – Trent Morris to give us an International Logistics Updates for 2023!

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Freight Cost Reduction Trends Article 99

Logistics Viewpoints

SEPTEMBER 8, 2021

For ocean cargo , however, if a shipment gets bumped to the next ship, it can add up to 15 days to the transit time. FourKites Ocean Visibility Platform. FourKites , a global leader in real-time supply chain visibility, recently launched its Dynamic Ocean SM platform for visibility, rate, and documentation management.

Logistics Network Optimization Software 119

Logistics Network Optimization Software Document Supply Chain Software Scenario Planning 119

Logistics Bureau

AUGUST 30, 2022

Trent Morris has helped many of our clients over the last 2-3 years with their Ocean Freight challenges. Ocean Freight Tips. Here’s the overview of the discussion: Brief Industry Update. Related case study. ?. Freight-related articles have appeared throughout our website, check them out: Freight Benchmarking: What Is It?

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Freight Supply Chains Case Study Cost Reduction 100

Dedola Global Logistics

JULY 17, 2023

With the surge in globalization and trade, ocean shipping has emerged as a profitable sector over the past three decades. As the backbone of global supply chains, ocean freight transports approximately 90% of traded goods, making it the primary method of transportation for international trade.

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Freight forwarding Freight Logistics Network Optimization Software Logistics 98

Logistics Management

FEBRUARY 2, 2023

After posting another record year of profits, worldwide recessionary and inflationary pressures are now chipping away at ocean carrier fortunes. As far as rates are concerned, our analysts suggest that shippers and freight forwarders will be able to do a little window shopping this year.

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Now, That's Logistics

MARCH 30, 2021

Container shortages, capacity constraints, higher shipping costs, and ongoing impacts of the global pandemic all placed new challenges in front of ocean shippers last year. CNBC says the pandemic combined with an uneven global economic recovery are driving up ocean rates right now.

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Trends Supply Chain Planning Software Scenario Planning Logistics Network Optimization Software 148

3PL Insights

NOVEMBER 15, 2021

Amidst all of these stories of shortages and bottlenecks, we thought it would be helpful to explain the basics of shipping ocean freight. In this article, we will explain the shipping process, identify the different types of cargo, and show the benefits of ocean freight shipping. What is Ocean Freight? Benefits of Ocean Freight.

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Shipping and Freight Resource

MARCH 14, 2024

Recently, OCEAN Alliance, comprising CMA CGM (No.3 Close on the heels of this extension, the alliance partners have launched their “DAY 8 Product” As […] The post OCEAN Alliance launches Day 8 product appeared first on Shipping and Freight Resource.

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Supply Chain and Logistics

JUNE 19, 2021

This article shows the extreme confusion generated by the extra charges and rapidly fluctuating shipping rates with ocean carriers. Everyone is annoyed to say the least. The essence of contracting is being disrupted by these surcharges. Brokers are caught in … Continue reading →

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Dedola Global Logistics

JULY 14, 2023

Understanding the fees involved in importing cargo via ocean freight is crucial for importers to ensure fair and transparent transactions. Appropriate Fees in Ocean Freight Shipping: a) Ocean Freight Charges: The total cost of transporting goods via the ocean.

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Cost Reduction Freight Freight forwarding Document 97

Dedola Global Logistics

AUGUST 9, 2021

A combination of factors has led to a steep climb in ocean shipping rates and new carrier fees. Post-Covid consumer demand has increased in the face of severe equipment shortages and reduced capacity on ocean carrier vessels. . The post Ocean Carrier Fees appeared first on Dedola Global Logistics. Congestion Fees. Contact Us.

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Vendor Strategies Supply Chains Freight forwarding Global logistics 98

Talking Logistics

NOVEMBER 17, 2021

Trucking has traditionally gotten the lion’s share of attention in transportation, but the pandemic-related disruptions to global supply chains, particularly the congestion at ocean ports with dozens of ships waiting offshore to unload, is causing companies to take a new look at their ocean shipping strategies.

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Supply Chains Strategy Trucking Transportation 95

MTS Logistics

MARCH 18, 2024

As a forwarder handling a volume of 100,000 TEUs annually, our interactions with ocean carriers and our clients offer us unique insights. The current landscape for ocean carriers is marked by global challenges in delivering fundamental services.

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Logistics Network Optimization Software Supply Chain Software Modeling Software Operations 88

Freightos

FEBRUARY 28, 2024

I’ve spoken with four Fortune 500 companies who have shifted or are in the process of shifting to index-linked contracts for their ocean freight, to the tune of many 100s of millions of dollars. Sign me up The post Fixed-Price Ocean Contracts are Dying a Slow, Painful Death… appeared first on Freightos. And, it’s already happening.

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Negotiating Skills Price Reduction Vendor Strategies Optimal Sourcing 62

Trans Global Auto Logistics

JANUARY 19, 2021

Ocean freight remains the most cost-effective way to move large amounts of property and goods around the world for private individuals, businesses, and governments alike. Professional ocean freight services help ease international shipping, ensure efficient transport, and are a useful resource in controlling logistics costs.

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Freight Sourcing Strategies Manufacturing Procurement Cost Reduction 98

Logistics Management

FEBRUARY 1, 2022

Analysts predict that a number of factors will continue to make an impact on ocean shipping in 2022. A big one is the fact that there is a short supply of shipping services and containers at a time when the demand for the movement of goods is only rising. Sound familiar?

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Trends Cargo 133

Supply Chain Brain

JULY 7, 2023

The International Maritime Organization's initially unclear target date implies a divide within the ocean shipping sector on net-zero emission goals, according to The Wall Street Journal.

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Maritime 90

Logistics Viewpoints

AUGUST 17, 2021

Today’s article is from FourKites and examines ocean trends for 2021. With summer winding down, we take a look back at the major trends that occurred in ocean shipping in the first half of 2021 and reflect on what your organization can do to proactively prevent major supply chain disruption. To read the full article, click HERE.

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Trends Manufacturing Procurement Supply Chains Article 117

Logistics Business Magazine

MARCH 21, 2023

The campus, also home to Oceaneering Entertainment Systems, offers 238,000 sq ft of space dedicated to the assembly, integration, and acceptance testing of its mobile robot systems. Oceaneering Mobile Robotics designs, manufactures, implements, and maintains innovative turnkey logistic solutions based on autonomous mobile robot technology.

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Capacity Logistics Network Optimization Software Maintainability Magazine 64

Logistics Management

JANUARY 30, 2023

Global ocean container carriers Geneva Switzerland-based MSC Shipping Company (MSC) and Copenhagen, Denmark-based Maersk A/S, a subsidiary of A.P. Moller-Maersk, said that they have reached a mutual agreement to terminate their 2M ocean alliance, a container shipping line vessel agreement in 2025.

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Logistics Management

AUGUST 9, 2021

Due to ongoing pressures from e-commerce and post-pandemic demand, ocean carriers are operating at crisis-driven velocity for the foreseeable future. Shippers might as well forget about planning for a peak season, industry analysts contend.

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Cargo Industry Operations 136

MTS Logistics

AUGUST 14, 2023

In a world confronting the unyielding advance of global warming, the ocean shipping sector stands at a critical juncture. During these challenges, the ocean shipping sector stands at a crucial crossroads. The post The Effects of Global Warming on Ocean Shipping appeared first on More Than Shipping.

Maritime 75

Maritime Temperature Exercises Scenario Planning 75

Talking Logistics

DECEMBER 19, 2021

Trucking has traditionally gotten the lion’s share of attention in transportation, but all eyes are on ocean shipping today — especially on all those cargo ships anchored offshore waiting to be unloaded. Read more [Video] Navigating the Wave of Ocean Shipping Constraints. What should companies expect moving forward?

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Video Security Capacity Cargo 78

Logistics Business Magazine

FEBRUARY 22, 2023

Oceaneering International, Inc. NYSE:OII) announces that its Oceaneering Mobile Robotics (OMR) business has been awarded contracts by a leading international manufacturer for the delivery of 85 MaxMover CB D 2000 autonomous counterbalance forklifts to three of their manufacturing facilities.

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Optimization Software Logistics Network Optimization Software Maintainability Training 59

MTS Logistics

JUNE 8, 2022

Today is World Oceans Day, a day that is really special for the world and means so much to MTS Logistics. Cleaning up the world’s oceans and keeping them safe for all species is very important to us. We are in a business that sees many goods transported via the oceans. If we did it, as an organization, so can you.

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Logistics Picking Groups Industry 72

Logistics Management

FEBRUARY 8, 2021

Ocean cargo carrier financial performance has been improving as a result. Consolidation in the global container shipping industry in recent years has been the key factor behind improved supply discipline.

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Trends Cargo Industry 124

Logistics Management

APRIL 8, 2021

Through this acquisition, FourKites also announced it has rolled out a new offering, entitled Dynamic Ocean, which it described as a next-gen visibility offering for the end-to-end management for international ocean shipments, adding that Dynamic Ocean builds on technologies acquired by bringing Haven into the fold.

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Shipping and Freight Resource

FEBRUARY 10, 2021

A new report from shipping technology firm Ocean Insights warns that a breakdown in intermodal connectivity between factories and ports could worsen global supply chain woes. Ocean Insights is cautioning that it may take several more months for supply chains to return to some semblance of normality. About Ocean Insights.

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Supply Chain Software Supply Chains Factories Reliability 116

I.C.E. Transport

MAY 31, 2022

Ocean container shipping has become very expensive – in some cases triple what it was pre-pandemic. That requires smart ocean container loading. So, you don’t want to ship more containers than needed for your volume of freight.

Cost Reduction 52

Cost Reduction Expense Reduction Freight 52

Blue Grace Logistics

JUNE 15, 2022

The Ocean Shipping Bill is intended to improve oversight of ocean shipping by the Federal Maritime Commission (FMC), the U.S. agency that oversees ocean shipping, and increase industry transparency. Rising ocean rates over the past 24 months have been a huge factor in the rising cost of goods in the United States. .

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Price Reduction Maritime Inventory Reduction Cost Reduction 62

NGT News

AUGUST 6, 2021

has selected Bridgestone as the exclusive tire partner for the soon-to-debut Fisker Ocean vehicle. The post Partnership Customizes Tire for Fisker Ocean Electric Vehicle appeared first on NGT News. Fisker Inc. The Potenza Sport tires deliver an optimal driving experience focused on ride comfort and handling stability, […].

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MTS Logistics

JANUARY 3, 2023

A lot can happen throughout the year, but I have listed our biggest predictions for ocean shipping and the broader shipping industry in 2023 below. For ocean freight rates, it is just the perfect storm to have downward pressure. West Coast ocean freight rates have bottomed out. Lower freight rates. Transpacific eastbound to U.S.

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Negotiating Skills Industry Tracking and Tracing Inventory Reduction 103

MTS Logistics

SEPTEMBER 12, 2022

This past Saturday, September 10th, MTS Logistics held its second annual Clean Oceans Project event. Many people are unaware of what is happening with the oceans. Our goal is to make people aware of how the oceans and their lives are interconnected. How important is the ocean? 90% of world trade moves by ocean freight.

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Events Logistics Network Optimization Software Logistics Industry 84