This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Data is a big buzzword across industries, but how about when it comes to logistics? William shares how they transform data into critical actionable information that optimizes and powers operations throughout businesses. Beyond The Data with William Sandoval. Our topic is beyond the data with my friend William Sandoval.
He is known for his insightful analysis of the freight industry, his practical sales advice, and his engaging and informative speaking style. He previously founded CarrierLists, a carrier sourcing platform that was acquired by Highway in 2022. He is also the host of Put That Coffee Down, a popular freight sales show on FreightWavesTV.
We experience such diverse supply chain disruptions that tracking the data on U.S. In short, the overall picture currently points out that the pendulum is on the move again and we may likely expect a strong freight market for the 2022 summer peak season. The shipping ecosystem is ever-changing.
Through the utilization of advanced machine learning techniques and big data, Greenscreens.ai Their platform not only provides highly accurate buy rates but also offers sell price suggestions based on comprehensive dataanalysis. With 2022 revenues of $3.3 Greenscreens.ai Greenscreens.ai Greenscreens.ai Greenscreens.ai
It’s common to run into data overload throughout this process, leading to disparate systems, information silos, and the inability to navigate external challenges. The future of the supply chain industry will take the emotion out of decision-making by leveraging innovative technology to transform raw data into actionable intelligence.
When technology does the routine, boring work, Loadies can focus on higher value-added activities like key performance indicators, dataanalysis, and consultative reviews with clients. As the ‘nerds of logistics’, they seek intelligence in data to solve deep rooted inefficiencies in the industry. Loadsmart LinkedIn.
I have recently completed the latest ARC Advisory Market Analysis on Global Trade Compliance, available here. Effective June 21, 2022, it establishes a rebuttable presumption that products from XUAR or entities on the UFLPA Entity List are made with forced labor and are therefore barred from entering the U.S. from Canada and Mexico.
billion in 2022, this trend continued in the first nine months of 2023. This data reflects not only the adaptability of the Turkish carpet sector but also its ability to recover and regain momentum in the ever-evolving global market. was the predominant importer, commanding a significant share of 29% in the year 2022.
Near the end of 2021, I had the chance to make the early call on Logistics Viewpoints on what 2022 would look like across five major logistics themes. Unlike the folks projecting election results these days, I was a little more accurate and the 2022 projections have set the stage for what will happen in 2023. Pretty much nailed it.
Below we have listed some of our expectations for 2022 in some key areas. Going into 2022, there are many unknowns and it is extremely hard to predict freight levels. million TEUs of orders placed in all of 2015, according to data from a sister product of JOC.com within IHS Markit. Freight rates. Contract negotiations.
As we roll into the second quarter of 2022 after a hellish Q1, there is but one question in everybody’s mind. Despite all these issues, cargo handled has rose a whopping 22% in the period of December 2021/January 2022/February 2022 compared to the December 2020/January 2021/February 2021 period according to data from the Port of Houston.
How is ocean capacity and pricing looking heading further into 2022? The data shows that no new capacity is being introduced to Transpacific trade in the period of 2022-2023. Federal Reserve has indicated that they will be increasing rates in 2022. We may experience further blank sailings throughout 2022.
AI systems get better and more accurate as they collect and analyze more data. ML is a form of AI that enables a system to learn from data rather than through explicit programming. ML is a form of AI that enables a system to learn from data rather than through explicit programming.
As the Federal Reserve has continued to battle inflation by raising interest rates again in December 2022, we can expect inflation to continue on a downward trend. The supply chain eased greatly between the first and second halves of 2022. Department of Commerce data showed the U.S. Just today, U.S.
event of 2022, my colleagues, Christina Carroll, vice president of LTL, Alan Rowlett, director of global operations and strategy, and I set out to offer exactly that. Q1 2022 Supply Chain Trends and Hot Topics. Watch the video for a deeper look at the challenges and impact of Clearinghouse data: 8.
Edge Hardware: The battle for edge hardware also intensified in 2024, as companies sought to deploy AI capabilities closer to the source of data. In late 2022, OpenAI arguably ignited the “ AI Wars ” with the release of ChatGPT 3.5 , which brought a new level of accessibility and capability to generative AI.
Longer lead times, complex handoffs between logistics providers, data flow between disparate systems…requires a new way of thinking for efficient inventory moves from origin to the final customer efficiently. Time: Jun 29, 2022 10:00 AM in Eastern Time (US and Canada). Justin Paris . Head of Lyft Delivery @Lyft .
26 algorithms are examining the video data in real-time. The first units are to be delivered in early 2022. The post Autonomous Truck Trends for 2022 and Beyond: Can Autonomy Safely Address the Driver Shortage? One solution in this area comes from Nauto. If a collision is imminent, an alarm sounds.
And, we expect that this case will continue throughout 2022. Based on Bloomberg’s data, container capacity shortages and port congestion have caused long-term rates to set in contracts between carriers and shippers to increase by almost 200% from a year ago. West Coast terminals. A 40-foot container from Asia to the U.S.
It is a challenge for many shippers and carriers to know where they should put their focus and where the data directs them to go. According to FleetOwner , “ trucking companies must go where the data leads them, not where they think it is going to lead them. Why outdated data hurts carriers in the short- and long-term.
Rates remained about 10X higher than pre-COVID through April of 2022, leading most importers to pass on at least some of those increased costs to consumers in the form of higher prices. the Fed’s 2% per annum target, with the rate of inflation nearly doubling from September 2021 to June 2022 following the freight rate peak.
Despite Hapag-Lloyd’s earnings report from earlier this week, market research firm Xeneta’s latest analysis of the shipping industry indicates freight rates have finally peaked, after skyrocketing throughout the first half of 2022, and will normalize throughout the rest of the year.
A predictive analysis of shippers confidence for the upcoming quarter correlating growth or shrinkage to overall volume of shipments and price of products. Data reflects all road transport modes of service including less-than-truckload [LTL] and truckload [FTL].
For the month of April 2022, South Korean shipbuilders saw the most ship orders since 2016. According to new reports and an analysis of market research, South Korea saw 16 new vessels ordered with a total of 820,000 tons. million tons. Compared to China, that is approximately half the total demand seen between both countries.
Leagh Turner, CEO of Coupa In December 2022, Thomas Bravo acquired the public company Coupa and took it private. This technology allows businesses to unify their procurement, expense management, invoicing, payments, sourcing, contract management, and spend analysis processes and reporting. The best data makes for the best AI.
The answer is not simple and involves research and analysis across a number of factors. 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. Analysis of employment data. for Q2 2021, relative to Q2 2018.
More Resources Home June 18, 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. Europe – N. America weekly prices fell 2% to $1.63/kg.
An RFP is a data intensive exercise. This made the dataanalysis easier. On the inbound side, it was highly reliant on spreadsheet data. This made the dataanalysis “painful.” Simmons ran an RFP between late 2021 early 2022. Simmons always does an ROI analysis prior to purchasing a solution.
As we approach the end of the year, shippers are in the unenviable position of having to put freight out for bid in a carriers’ market while budgeting for further-inflationary 2022 transportation costs on top of rampant inflation in virtually all of their other costs (labor, materials, packaging, energy, etc.) at the same time.
More Resources Home November 15, 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. Freightos Air Index data shows China – N.
The Semi started its first consumer deliveries in 2022. Tesla drivers are the most accident-prone, according to a LendingTree analysis of 30 car brands. LendingTree, an online lending marketplace, allows for the collection of a great deal of data. The much-delayed Tesla Semi has finally hit the road. Tesla drivers had 23.54
Suppliers are facing increasing pressure from the buyers of their goods and services to report their environmental, social, and governance data. Increasingly, EcoVadis is becoming known as the go to organization to help corporations accelerate this journey to collect upstream supplier environmental, social, and governance data.
Predictive Analysis in Logistics and Supply Chain: How to Apply | Image source: Pexels In logistics, predictive analysis is simply the process of identifying and forecasting patterns, trends, and behaviors in both human and machine learning approaches, data, and algorithms.
The National Highway Traffic Safety Administration (NHTSA) aims to make the highways safer by gathering data on crash-avoidance technology. Check out the data and find out where you can fuel up the cheapest. We need you… to cast Your Vote for the 2022 Top 10 3PL Excellence Awards. Diesel prices have risen 46.3 Smart People.
Sales of autonomous mobile robots and driverless lift trucks are taking off but the game-changing intralogistics technologies we will see at IMHX 2022 go much further than the simple replacement of man by machine, says event director, Rob Fisher. Indeed, in a recent report Interact Analysis forecast that more than 1.1
New Georgia Ports Authority data shows that the port handled 1,184,387 twenty-foot equivalent container units (TEUs) in the first quarter of 2023. When we compare Georgia Ports Authority data to other busy container ports in the U.S., In March 2023, the Port of Long Beach handled 603,878 TEUs, a 30% decrease from March 2022.
According to data from Datamyne, for the second half of 2022, if you are in Houston or in New Orleans, space/equipment/trucking/chassis availability should be quite calm – based on the numbers only. ” According to a MarketWatch analysis, 46.2% East Coast peaked. The post Have U.S. appeared first on More Than Shipping.
Diesel prices have increased 45% since the start of 2022! Once users upload their lane-level data for analysis, they can quickly click over to the SONAR “Network View” to see the average benchmark rate and fuel for each origin market. The post FreightWaves adds fuel data to SONAR SCI appeared first on SONAR.
Although we’re seeing progress in places like the Ports of Los Angeles and Long Beach, we must be prepared for more volatility and uncertainty heading into 2022. We foresee that this will continue until at least the end of January 2022. Equipment imbalance remains and will likely continue well into 2022. Southeast Asia.
More Resources Home May 28, 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. Europe weekly prices stayed level at $4.02/kg.
The finalists for the worldwide IFOY AWARD 2022 (International Intralogistics and Forklift Truck of the Year) have been determined. The company Cargotec Engineering from Ireland is allowed to enter the final in 2022 with the MOFFETT E5 25.4 2022 Finalists at a glance. The third start-up in the final is called Noyes Technologies.
Predictive analysis, today is part of all major business operations and processes to help forecast trends, events and to find solutions for complexities. According to Forbes, predictive analysis is mandatory in logistics as it relies heavily on accuracy and timeliness to achieve success. The supply chain market is set to grow from 4.56
More Resources Home April 9, 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. Europe weekly prices increased 2% to $3.36/kg.
Robinson’s own technology and data from the largest network in the freight industry, our partnerships with research firms and universities help our customers stay on top of the trends that influence their supply chains. If you see Class 8 truck manufacturing data, in trade press or elsewhere, remember, it isn’t all highway tractors.
We organize all of the trending information in your field so you don't have to. Join 84,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content