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November 7, 2023 Update

Freightos

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.

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Welcome to A Day at ProMat 2023

Logistics Viewpoints

ProMat 2023 is being held this week, March 202 -23 in Chicago. I spent the full day yesterday roaming the floor and meeting with exhibitors. ProMat 2023 occupied both McCormick Place South and McCormick Place North with over 1,000 exhibitors. The post Welcome to A Day at ProMat 2023 appeared first on Logistics Viewpoints.

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Logistics Trends for 2023

3PL Insights

So, what are some of the trends we can expect in 2023? Third-party logistics providers (3PLs) that invest in new technologies will be well-positioned to improve efficiency, reduce costs, and increase accuracy, to remain competitive and meet the demands of the market. in 2023 and that doesn’t include the increase in surcharges.

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Shipping off track to meet 5% Zero-emission Fuel Target

Logistics Business Magazine

The global shipping industry is not on track to meet its target of having zero-emission fuels account for 5% of all fuels by 2030. Finance for SZEF is also now ‘off track’ – a downgrade from 2023 – due to a slowdown in funding towards SZEF-related activities and more funding going towards fossil-fuelled vessels.

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Three Trends to Expect for Greener Shipping in 2023 and Beyond

MTS Logistics

Shipping executives and industry leaders alike already know the importance of reducing emissions in the shipping industry and the need for green initiatives, as they look to protect the environment and meet customer demand for cleaner shipping. This will likely not occur in 2023, but major progress will be made in proving viability.

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Delivery and Supply Chain Trends to Expect in 2023

ShipLilly

For example, inflation erodes away about 8.5%. Alignable released a report indicating that up to 59% of small retailers could shut down in 2023 due to these challenges. For example, businesses must aim for more creativity and agility in operations and their supply chains. While inflation averaged 1.2% in 2020, it jumped to 4.7%

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Trucking Projections for 2023: Spot Quotes, Industry Challenges and Industry Drives

TransAudit

Understanding 2023 trucking projections will help you make smart shipping decisions and save money where possible. Most industry experts paint early 2023 as a bit of a rough period for the trucking industry. According to DAT Trendlines: Week over Week: For the week of February 20 to 26, 2023, spot load posts were down 8.9%