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November 21, 2023 Update

Freightos

Judah Levine November 21, 2023 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) decreased 8% to $1,573/FEU. Asia-US East Coast prices (FBX03 Weekly) decreased 2% to $2,383/FEU.

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November 7, 2023 Update

Freightos

Judah Levine Optimize your logistics tendering, vendor selection, negotiations, and procurement Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 3% to $1,609/FEU. Asia – Mediterranean rates increased 13% to $1,550/FEU, back to 5% above 2019 levels.

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December 6, 2023 Update

Freightos

Judah Levine December 6, 2023 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) were level at $1,620/FEU. Asia-US East Coast prices (FBX03 Weekly) were also level at $2,367/FEU.

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Industry Trend on the Rise for Supply Chain and Logistics: Automation

Shipchain

According to EFT’s Supply Chain Hot Trends to Watch for in 2019 , one of the most significant trends that we should be paying attention to this year is automation. Industry players have already begun experimenting with technologies like robotics and artificial intelligence. Supply Chain and Logistics is Embracing New Technologies.

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Key Challenges in Fresh Grocery & Supermarket Supply Chains

The Logistics of Logistics

As early as 2018, a Neilsen study found that fresh foods were “the primary driver of growth in retail stores, accounting for 49% of all dollar sales growth in the fast-moving consumer goods industry. As one industry insider put it, “The supply chain absolutely stretched to the limits — broken, in many cases.”

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Why is freight data a powerful weapon in the era of COVID-19?

FreightWaves SONAR

When planning for the future, industry players should thus use insights from commodity-based modeling. For example, as seen in scenario A1, the global unconstrained demand for air cargo will fall by 14% of pre-crisis volumes in the second quarter of 2020 and will not rebound to 2019 levels until around mid-2022.”

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What Is Supply Chain Predictive Analytics & Why Should Freight Pros Care

FreightWaves SONAR

According to Supply Chain Dive , “The number of supply chain professionals who say they’re currently using predictive analytics at their company has grown 76% from 2017 to 2019, according to a Supply Chain Dive analysis of the annual MHI Industry Report.” Request a SONAR Demo. What is supply chain predictive analytics.