Freightos

NOVEMBER 7, 2023

More Resources Home November 7, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. America weekly prices increased 21% to $5.72/kg

Negotiating Skills 114

Negotiating Skills Price Reduction Vendor Strategies Cost Reduction 114

Freightos

APRIL 25, 2024

Both are exploring efforts that include shifting to ocean freight and establishing warehouses in the U.S., Expanding ocean freight efforts or scaling up domestic fulfillment centers may reduce air cargo demand and, as an extension, rates. He’s obsessed with marketing, data storytelling (it’s a thing!)

Cost Reduction 88

Cost Reduction Cargo Price Reduction Resource Reduction 88

Logistics Business Magazine

DECEMBER 9, 2021

The project for a smarter freight train is scheduled to run for 15 months. The “smart wagons” will be tested on various Combined Transport commercial services operated by TX Logistik , will use the wagons in order to obtain the most meaningful data possible from everyday operations.

Freight 56

Freight Logistics Network Optimization Software Training Data 56

Turvo

JANUARY 26, 2021

That’s where supply chain data analytics comes into play. What Are Supply Chain Data Analytics and Why Are Supply Chain Leaders Looking to Them. Advanced data recordings and analytics help many leading companies improve their supply chain management teams’ smooth and effective operations.

Supply Chain Design Software 73

Supply Chain Design Software Supply Chain Software Optimization Software Supply Chain Design 73

FreightWaves SONAR

MARCH 15, 2021

The introduction of this first application within SONAR SCI was built with leaders at companies that spend millions of dollars on freight shipping. Advancements in tender data science and paid market data now power SONAR SCI (Supply Chain Intelligence) Lane Acuity Plus. WHAT IS LANE ACUITY PLUS?

Optimal Sourcing 98

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 98

Freightos

JANUARY 15, 2024

The implication for global freight beyond the now typical uncertainty is predictably elevated operational costs and soaring freight rates. For example, the Freightos Baltic Index indicates a 69% increase to North America’s East Coast and a staggering 226% to Northern Europe since the crisis began.

Negotiating Skills 115

Negotiating Skills Optimal Sourcing Price Reduction Cost Reduction 115

Logistics Business Magazine

MAY 15, 2024

The transition to electric vehicles is not just a trend; it is one of the solutions to shift towards sustainable logistics whilst the industry navigates through the transition period, according to Girteka Group. Within this example, the transition to BEVs has resulted in a reduction of 6.2 tonnes of CO2 over just a few months.

Sourcing Strategies 51

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Parade

MAY 8, 2019

In the case of brokerages, it would be impossible for their carrier sales reps to quickly, efficiently and reliably digest and understand all data about 10,000s of carriers. Hunt’s $500M investment to freight platforms startups raising over $490M, to technology-driven brokers such as Uber Freight and Convoy. Not very helpful.

Digital 68

Digital Freight Price Reduction Waste Reduction 68

FreightWaves SONAR

APRIL 25, 2024

Use cases for the intermodal data in SONAR are similarly varied. Shippers can use intermodal volume data by lane for clues on whether other shippers are seeing value in rail intermodal compared to truckload. Hunt, Hub Group and Schneider strictly participate in the domestic side of the market. Hunt does not participate in.

Data 64

Data Digital Replenishment Blog 64

Shipping and Freight Resource

FEBRUARY 4, 2020

Digitisation, Digitalisation, Digital Transformation are some buzz words that have recently taken the shipping and freight industry by storm. Some examples and benefits of digitalisation in shipping are. Here is a real life example. Let’s take a quick look at what these terms mean and what it is all about.

Supply Chain Planning Software 98

Supply Chain Planning Software Freight Supply Chain Design Software Modeling Software 98

Freightos

NOVEMBER 7, 2023

Here at Freightos, our vision is to digitalize international freight–air and ocean. But so far air freight and ocean freight have gone in different directions. There is progress in digitalizing ocean freight, but its been slow and inconsistent. Increasingly I think it’s an ultramarathon.

eBook 86

eBook Optimal Sourcing Negotiating Skills Digital 86

Ship Monk

JANUARY 26, 2024

While you may not be in the business of selling combustible materials, like lithium for example, all sorts of toys, electronics, and household items contain lithium-ion batteries, from cordless toothbrushes to vaping devices. You will also need to know the product’s ID number, proper shipping name, and packing group.

eCommerce 71

eCommerce Production Packaging 3PL 71

Freightos

AUGUST 31, 2016

Bringing Freight Online With WebCargoNet And Freightos. But this story is more about a vision for a better future of freight, than just another acquisition. WebCargoNet’s focus has been more on the carrier-forwarder relationship and has also placed more focus on air freight. An Industry On The Verge Of Change.

Optimization Software 74

Optimization Software Logistics Network Optimization Software Freight Supply Chain Software 74

Logistics Business Magazine

NOVEMBER 22, 2023

Nippon Express Europe GmbH (NX Europe), a group company of the global Japanese logistics service provider Nippon Express Holdings, is set to realize the achievement of its sustainability goals in collaboration with the Climate Tech start-up, Cozero, based in Berlin.

Strategy 63

Strategy Logistics Network Optimization Software Collaboration Groups 63

CH Robinson Logistics

SEPTEMBER 28, 2021

Robinson’s own technology and data from the largest network in the freight industry, help our customers stay on top of the trends that influence their supply chains. As a researcher at Michigan State’s Broad College of Business, I will explain how I arrived at this figure, based on available data. Analysis of employment data.

Trucking 116

Trucking Blog Supply Chain Planning Software Supply Chain Design Software 116

Logistics Viewpoints

DECEMBER 1, 2023

homes in 2022 than UPS, after eclipsing FedEx in 2020, and it is on track to widen the gap this year, according to internal Amazon data and people familiar with the matter. imports from India between January and August this year, according to bill of lading figures shared by data firm Import Yeti.

Supply Chain Planning Software 139

Supply Chain Planning Software Cost Reduction Logistics Network Optimization Software Food and Agriculture 139

Transporeon

MARCH 16, 2015

BSH Group, manufacturer of domestic equipment, has strongly improved its transportation tendering and planning processes. Increased transparency, due to better data accuracy, has led to both cost savings and a reduction of the administration workload. The number of errors, as a result of human handling, is reduced as well.

Optimal Sourcing 48

Optimal Sourcing Manufacturing Procurement Sourcing Strategies Groups 48

Parade

MARCH 18, 2021

In this post, we explore truckload pricing tools as an important part of every digital freight brokerage’s operations. This post is , part of a series of posts that aims to shed light on the many new and innovative freight tech solutions that empower freight brokers to transform digitally. Pinpoint Market Rates.

Negotiating Skills 78

Negotiating Skills Price Reduction Tools Cost Reduction 78

Parade

MARCH 18, 2021

In this post, we explore truckload pricing tools as an important part of every digital freight brokerage’s operations. This post is , part of a series of posts that aims to shed light on the many new and innovative freight tech solutions that empower freight brokers to transform digitally. Pinpoint Market Rates.

Negotiating Skills 78

Negotiating Skills Price Reduction Tools Cost Reduction 78

Parade

MARCH 18, 2021

In this post, we explore truckload pricing tools as an important part of every digital freight brokerage’s operations. This post is , part of a series of posts that aims to shed light on the many new and innovative freight tech solutions that empower freight brokers to transform digitally. Pinpoint Market Rates.

Negotiating Skills 78

Negotiating Skills Price Reduction Tools Cost Reduction 78

Freightos

JANUARY 8, 2019

The journey to digitize freight, while initially off to a slow start, has gained momentum in the last two or three years. They’re licensed to be an ocean freight forwarder, and they’ve bought some aircraft and an airport; and of course they are a huge warehousing player. Online freight booking. Open data standards.

Freight 60

Freight Negotiating Skills Digital Tracking and Tracing 60

Talking Logistics

MAY 3, 2018

A few weeks ago at the Descartes Evolution 2018 User Conference , I had the opportunity to interview William Wehrle, Director of Supply Chain at BASF, and David Bazzetta, Business Advisor – Process Optimization at BASF, about the importance and value of having real-time freight visibility. Benefits of Real-Time Freight Visibility.

Case Study 60

Case Study Video Study Freight 60

Logistics Viewpoints

MARCH 2, 2023

Freight rates have plummeted, brokerages are struggling, and the industry is still bloated with excess inventory. And, once implemented properly, having a collaborative, tech-enabled supply chain network powered by free-flowing, actionable data will unlock measurable business value. Reduced working capital. Faster order-to-cash.

Waste Reduction 118

Waste Reduction Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 118

Shipping and Freight Resource

NOVEMBER 17, 2021

The interface standards allow carriers, ports, terminals and other service providers involved in a port call to exchange event data in a uniform way, enabling automated data exchange. DCSA Port Call Data Definitions can be freely downloaded from the DCSA web site. Port departure execution.

Optimal Sourcing 84

Optimal Sourcing Sourcing Strategies Definition Tracking and Tracing 84

FreightWaves SONAR

FEBRUARY 5, 2021

Then came along a group of regular people, or retail investors, organized on a Reddit thread to game the system through a trading app called Robinhood. For example, trades that are made through the Robinhood app are executed by hedge funds like Citadel. Objective market data available in platforms such as SONAR. Visibility.

Trucking 98

Trucking Negotiating Skills Logistics Network Optimization Software Data 98

Logistics Viewpoints

FEBRUARY 26, 2024

These are big data platforms that monitor news sources and assorted databases from governments, financial institutions, ESG NGOs, and other sources to detect when a negative event has occurred or may be about to occur. So, suppliers were asked if they used carriers or their own trucks to haul freight.

Supply Chain Planning Software 149

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 149

Logistics Viewpoints

MARCH 6, 2023

A transformation that is based on the idea that by putting in new applications the company will automate a process, or processes, and provide more and better data to make decisions, is a poor foundation for a true transformation. The goal is to avoid complexity if it does not add value.

Supply Chain Planning Software 141

Supply Chain Planning Software Supply Chain Transformation Scenario Planning Supply Chain Software 141

GoShip Blog

AUGUST 8, 2023

If you have ever shipped goods, you must have heard about cases of freight loss or damage due to many unpredictable circumstances. Getting shipping insurance, whether it is freight or cargo insurance and freight liability can help you prevent logistics inconveniences. When should I get freight insurance?

Cargo 52

Cargo Freight Logistics Network Optimization Software Purchasing Skills 52

Freightos

MARCH 17, 2019

The annual fixed-price contract is the current go-to for ocean freight procurement. Fixing a price is almost futile in a volatile market, and ocean freight now has much more volatility (both frequency and magnitude) than most other commodities. This, of course, requires a reputable global freight index. We never looked back.

Optimal Sourcing 48

Optimal Sourcing Procurement Price Reduction Freight 48

Logistics Viewpoints

DECEMBER 8, 2022

When it comes to executing mode-specific freight moves from origin to destination efficiently, reliably, and cost-effectively, transportation execution and visibility solutions play a critical role. and FourKites are building a data platform that aims to predict shipping delays and prescribe alternative plans for their customers.

Supply Chain Planning Software 112

Supply Chain Planning Software Transportation Modeling Software Logistics Network Optimization Software 112

Logistics Viewpoints

OCTOBER 31, 2022

at the ZF Group, about their digital supply chain transformation journey. at the ZF Group. One example is the demanding practice of delivering components to an OEM factory just-in-time, just-in-sequence. One example of this is provided by the semiconductor shortage. We use digital call-off information in multiple ways.

Supply Chain Design Software 118

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 118

Freightos

FEBRUARY 4, 2020

And though the market index long predates digital computing, computing power combined with huge, aggregated data sets have proved fertile ground to improve visibility. But despite its size, containerized freight’s poor visibility persisted. In fact, containerized freight is one of the most volatile industries in the world.

Optimal Sourcing 94

Optimal Sourcing Purchasing Skills Procurement Analytics Optimization Software 94

Logistics Business Magazine

MAY 10, 2023

Descartes Systems Group has announced that Etihad Cargo, the cargo and logistics division of Etihad Airways, has further automated air shipment cargo processes using Descartes’ next generation Internet of Things (IoT) Bluetooth® Low Energy solution, integrated with Jettainer’s unit load device (ULD) management services.

Supply Chain Software 60

Supply Chain Software Optimization Software Logistics Network Optimization Software Cargo 60

20Cube Logistics

SEPTEMBER 17, 2021

20Cube specialises in digital logistics and freight forwarding through our platform called MyHub. For example, if a vendor can’t fulfill the entire order, they update the inventory quantity in MyHub and it auto-adjusts when you should place your next order to maintain a steady supply. Advantages of Digital Freight Forwarders.

Supply Chain Software 52

Supply Chain Software Vendor Strategies Logistics Network Optimization Software Purchasing Skills 52

Freightos

JUNE 6, 2016

Is The Freight Industry Ready For SOLAS? In the run up to the July 1, 2016 requirement that there must now be a verification of the gross mass of packed containers, Freightos research has determined that only one third (36%) of FCL freight quotes are still being saved with a weight. Reliable data flows may not be in place.

Industry 51

Industry Freight Cost Reduction Logistics Network Optimization Software 51

247 Customs Broker

APRIL 17, 2018

Again and again, digitization and data were at the heart of panel and networking conversations. Even headline speakers were professing “data got sexy” and data is now a core strategy for companies looking to succeed. Supply Chain Analytics Maturity Model (Source: Hackett Group). Many of you have had the same observation.

Supply Chain Design Software 28

Supply Chain Design Software Supply Chain Software Supply Chain Planning Software Supply Chain Design 28

Logistics Business Magazine

MAY 31, 2023

The new interfaces developed by RIO, also known as connectors or APIs, replace existing processes for connecting external systems and thus enable an optimized consolidation of telematics data on one platform. Analogous to the truck sector, telematics providers such as idem telematics are also connected here.

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Supply Chain Design Software Trucking Optimization Software Logistics Network Optimization Software 45