Freightos

JUNE 4, 2024

More Resources Home Navigating Choppy Waters: Ocean Contracts Under Strain Amidst Red Sea Diversions Ocean freight spot rates spike after Red Sea diversions and rising demand, causing contract instability and challenging shippers to navigate the volatile market. But things started to change dramatically in May.

Groups 87

Groups Capacity Freight Survey 87

FLS Transport

SEPTEMBER 15, 2022

The Top Headlines in Freight, Transportation, & Logistics from FLS Transport. For example, 56% of beer in the US comes from the largest brewery in the world, located in Nava, Mexico. The 2022 Retail and Sustainability Survey published by CGS shows how much MORE customers are willing to pay for sustainable products and services.

Freight 52

Freight 3PL Survey Scenario Planning 52

Freightos

JUNE 4, 2024

More Resources Home June 4, 2024 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 decreased 5% to $5.43/kg kg China – N.

Logistics Network Optimization Software 99

Logistics Network Optimization Software Data Capacity Freight 99

FreightWaves SONAR

JUNE 5, 2023

In this blog post, we’ll walk through some of the obstacles to medium-term demand planning, consider how high-frequency supply chain data can help fill the informational gaps that companies are grappling with, and then look at a real-world example of how the data in FreightWaves SONAR can give insight into the goods economy.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Data Freight 52

Freightos

MARCH 4, 2020

What does the oldest company on the top ten global technology companies have to do with freight? Here’s What This Has To Do With Freight. The digitization of the freight industry is about improving speed and efficiency. . We mystery shopped the twenty largest freight forwarders for FCL, LCL and air online quotes.

Freight forwarding 82

Freight forwarding Digital Logistics Network Optimization Software Trends 82

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 Viewpoints

DECEMBER 1, 2023

million shoppers hit the stores and the internet to capitalize on Black Friday and Cyber Monday deals, according to a survey by the National Retail Federation. The top gifts were clothes and accessories, which about half of those surveyed purchased, and toys, which nearly a third of people surveyed bought.

Supply Chain Planning Software 139

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

Logistics Viewpoints

MARCH 9, 2022

Here is a look at some more key findings from the survey completed with Transporeon , as well as my interview with Transporeon CEO Stephan Sieber. As part of this research, we surveyed 106 individuals across a variety of industries and countries. Wait Times and Costs Can Add Up Quickly. This is important for reducing carbon emissions.

Supply Chain Planning Software 152

Supply Chain Planning Software Optimal Sourcing Supply Chain Software Optimization Software 152

RPA Labs

MAY 19, 2022

That’s the average response rate for a freight forwarder to respond to a quote request as uncovered in this unique approach by automation workflow company, RPA Labs. While we’ve heard this sentiment time and time again, have freight forwarders really changed the way they respond to customers? But don’t take our word for it. Top 50 FFs.

Freight forwarding 52

Freight forwarding Supply Chain Software Freight Supply Chain Design Software 52

Now, That's Logistics

OCTOBER 12, 2021

The ocean freight sector is facing a particularly high amount of uncertainty right now thanks to ongoing container shortages, port congestion and lack of capacity. At the end of August, for example, 44 container ships were stuck outside of the ports of Los Angeles and Long Beach in California. Covering the Demand.

Supply Chain Planning Software 145

Supply Chain Planning Software Scenario Planning Supply Chain Software Logistics Network Optimization Software 145

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. So we asked them by conducting a survey in November 2018. We never looked back.

Optimal Sourcing 48

Optimal Sourcing Procurement Price Reduction Freight 48

Freightos

JANUARY 4, 2018

The Digital Freight Ecosystem. Part 2: What’s Bringing Freight Online. In the first part of this article , Dr. Schreiber observed that freight is still largely offline and examined why freight digitalization has been so complicated. . Bringing Freight Online In The Carrier Space. By Zvi Schreiber, CEO, Freightos.

Supply Chain Design Software 54

Supply Chain Design Software Supply Chain Planning Software Digital Supply Chain Software 54

Logistics Business Magazine

NOVEMBER 10, 2023

Welcoming the Politecnico survey, the CEO of ICHCA, one of the Group’s founding associations, Richard Steele said, “As far as we are aware, this is the first example of publicly available empirical evidence about the use of the CTU Code made by forwarders , shippers and others responsible for safe packing.

Supply Chains 59

Supply Chains Cost Reduction Material Savings Packing 59

Freight Center

JANUARY 30, 2020

Now, we’re counting down the remaining 3 important freight shipping issues you need to know as we move into the next decade. In recent years, the freight industry has seen an increase in shipping and the number of trucks on the road. The driver shortage was the top freight shipping industry concern for the third year in a row.

Freight 48

Freight Price Reduction Cost Reduction Trucking 48

Logistics Viewpoints

SEPTEMBER 26, 2022

For example, shippers spent much of last year bemoaning soaring ocean shipping rates and ships waiting for days to unload once they reached their destination port. In one comprehensive survey of 1,000 recently laid off workers, 65% say their employer could have done a better job handling the layoff.

Supply Chains 123

Supply Chains Vendor Strategies Manufacturing Procurement Inventory Reduction 123

Freightos

JANUARY 4, 2018

The Digital Freight Ecosystem. Part 2: What’s Bringing Freight Online. In the first part of this article , Dr. Schreiber observed that freight is still largely offline and examined why freight digitalization has been so complicated. . Bringing Freight Online In The Carrier Space. By Zvi Schreiber, CEO, Freightos.

Supply Chain Design Software 48

Supply Chain Design Software Supply Chain Planning Software Digital Supply Chain Software 48

RPA Labs

AUGUST 5, 2021

Freight forwarding technology is designed to reduce costs, hasten bookings, and help international trade flow seamlessly. Technology also adds value for freight forwarders by generating predictive arrival times and managing the sailing schedules. Reduced Confusion Over ETA and Appointment Scheduling.

Cost Reduction 40

Cost Reduction Freight forwarding Supply Chain Design Software Supply Chain Software 40

RPA Labs

AUGUST 5, 2021

Freight forwarding technology is designed to reduce costs, hasten bookings, and help international trade flow seamlessly. Technology also adds value for freight forwarders by generating predictive arrival times and managing the sailing schedules. Reduced Confusion Over ETA and Appointment Scheduling.

Cost Reduction 40

Cost Reduction Freight forwarding Supply Chain Design Software Supply Chain Software 40

Freightos

AUGUST 14, 2023

In one example, an employee of Varda, a SpaceX-like company, began to publicly attempt to replicate the study and had over 10,000 people tuning in to watch a live stream of rocks in a furnace. We’ve been here before with Blockchain and Tradelens, which launched in 2018 and was done by the end of Q1 2023 – a good example of hype waves.

Price Reduction 99

Price Reduction Logistics Network Optimization Software Material Savings Supply Chain Software 99

RPA Labs

JULY 22, 2021

To maintain a competitive edge in the shipping and logistics industry, businesses must follow a few best practices to improve freight forwarding customer service. Streamline Payment Management by Auto-Auditing Freight Invoices. Freight invoicing involves maintaining the checks and balances of the shipper. But it can be tricky.

Freight forwarding 40

Freight forwarding Logistics Network Optimization Software Expense Reduction Freight 40

RPA Labs

JULY 22, 2021

To maintain a competitive edge in the shipping and logistics industry, businesses must follow a few best practices to improve freight forwarding customer service. Streamline Payment Management by Auto-Auditing Freight Invoices. Freight invoicing involves maintaining the checks and balances of the shipper. But it can be tricky.

Freight forwarding 52

Freight forwarding Logistics Network Optimization Software Expense Reduction Freight 52

247 Customs Broker

APRIL 6, 2018

More than 500 qualified respondents to our “34th Annual Salary Survey” report that their salaries moved up only incrementally last year. This year’s survey again draws the most feedback from successful logistics managers who have been climbing the executive ladder for some time. Respondents reflect. There’s never a dull moment.”.

Survey 28

Survey Negotiating Skills Supply Chain Planning Software Manufacturing Procurement 28

The Logistics Academy

SEPTEMBER 28, 2017

The global freight forwarding market has grown by 2.7% in real terms since this time last year, but owing to a continuation of excess capacity issues and lower average oil prices, rates continue to fall in both air and sea freight. Meanwhile, logistics managers moving freight globally should plan their budgets accordingly.

Freight forwarding 56

Freight forwarding Digital Supply Chain Planning Software Freight 56

Blue Grace Logistics

JUNE 17, 2021

According to DAT Freight & Analytics, van load-to-truck posts are up 219% over prior year, signaling that there is massive demand for more truck drivers. A survey from the International Road-transport Union (IRU) revealed that women and youth have had their misgivings with joining this industry. Fast & free freight quoting.

Supply Chain Planning Software 62

Supply Chain Planning Software Trucking How To Logistics Network Optimization Software 62

247 Customs Broker

MARCH 1, 2018

If there were one clear-cut conclusion to be drawn from our “2018 Warehouse and Distribution Center (DC) Equipment Survey,” it would be that the outlook for spending is bullish. At the same time, the survey revealed growing interest in the use of relatively new types of technology, including robotics, drones and smart glasses.

Supply Chain Software 28

Supply Chain Software Survey Automation Supply Chain Planning Software 28

Trinity Logistics

NOVEMBER 17, 2021

Nearly 60 percent of those surveyed reported waiting for longer than two hours on each load. This is in line with data collected by a DAT solutions survey showing that 63 percent of drivers say they spend more than three hours waiting when loading and unloading. Freightwaves also collected data on driver wait times.

Supply Chain Planning Software 90

Supply Chain Planning Software Cost Reduction Supply Chain Software Inventory Reduction 90

Freightos

JUNE 15, 2021

Disclaimer: This article is a zoom out for the less freight-inclined. If you have a deeper understanding of freight, you might want to check out our Freightos Baltic Index daily container index instead. Let’s talk freight. . And it’s not just ocean freight. More freight costs, higher consumer costs.

Supply Chains 158

Supply Chains Price Reduction Cost Reduction Logistics Network Optimization Software 158

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. To help offer perspective, we took this question to Jason Miller, associate professor of supply chain management at Michigan State University.

Trucking 116

Trucking Blog Supply Chain Planning Software Supply Chain Design Software 116

Freightos

FEBRUARY 4, 2020

But despite its size, containerized freight’s poor visibility persisted. As containerized freight has been slow to digitize in general, a reliable, data-driven, and actionable index has eluded the industry as well. Prices for everything and anything are subject to change and freight rates for containers are no different.

Optimal Sourcing 94

Optimal Sourcing Purchasing Skills Procurement Analytics Optimization Software 94

Trinity Logistics

FEBRUARY 14, 2022

For example, raw agricultural materials have increased 117 percent since 2000 , rubber has seen an increase of 359 percent, and steel is up 167 percent. According to a survey done by the National Association of Chemical Distributors, 85 percent of chemical industry distributors reported at least one imported item out of stock.

Supply Chain Planning Software 108

Supply Chain Planning Software Industry Operations Supply Chain Software 108

Freightos

OCTOBER 31, 2022

This article provides an overview, based on a survey of over 1,200 small businesses, of how small and midsize businesses have weathered the storm, and how a changing – and potentially recessionary – market is impacting their outlook. But then global freight kicked in. . The results tell a mixed story. .

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chains Manufacturing Procurement Scenario Planning 62

Logistics Viewpoints

DECEMBER 13, 2021

The law firm Crowell & Moring recently released a survey-based report that looked at how companies are navigating pressures to improve their environmental performance. The company surveyed 225 executives whose jobs included environmental, social, and governance issues. Lowering carbon emissions will require greater costs.

Cost Reduction 113

Cost Reduction Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software 113

Now, That's Logistics

DECEMBER 27, 2022

When passenger planes were grounded during the pandemic, for example, air freight capacity shrank accordingly. In October, for example, Air Cargo News reported that IATA was painting a picture of a sector that was “not too hot/not too cold.” The airfreight industry is keeping a close eye on the signals.

Trends 60

Trends Cargo Capacity Inventory 60

Logistics Viewpoints

NOVEMBER 18, 2022

In a recent NielsenIQ survey, 91 percent of consumers indicated they are planning on celebrating US Thanksgiving this year with a majority (83 percent) either staying at home (59 percent) or local (24 percent) (within 50 miles of their home). So, what does the 2022 Thanksgiving holiday look like? Boston, and Chicago.

Negotiating Skills 121

Negotiating Skills Logistics Network Optimization Software Buyer Training Modeling Software 121

Logistics Business Magazine

APRIL 21, 2022

The study, conducted by Economist Impact, surveyed executive-level participants representing businesses in 26 major countries across the globe. For example, 42.5% of executives surveyed in South America and Africa respectively identified higher transport costs as the top limitation for increasing exports. This compared to 19.9%

Cost Reduction 52

Cost Reduction Transportation Manufacturing Procurement Optimal Sourcing 52

247 Customs Broker

MAY 8, 2018

Say “freight forwarder” and the first thing that might come to mind would be “forward-thinking,” a market run by visionary leaders who can use predictive analytics to forecast and deliver on new shipper demands. Furthermore, 72% of those forwarders surveyed failed to quote, thereby missing out on digital business.

Freight forwarding 28

Freight forwarding Supply Chain Planning Software Freight Sourcing Strategies 28

GoShip Blog

DECEMBER 29, 2022

This is to help lower their freight costs and boost profitability. A perfect example is GoShip , a self-service freight marketplace that directly connects small to mid-sized businesses. With over 45,000 professional freight carriers, the platform offers instant quoting ( FTL or LTL freight quote.)

Cost Reduction 52

Cost Reduction Price Reduction Inventory Reduction Negotiating Skills 52