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He is responsible for driving strategy, customer engagement, and industry analysis. Real-time Market Insights: DAT provides real-time data on spot market rates, capacity availability, and lane-specific trends, enabling informed decision-making. About Ken Adamo Ken Adamo serves as the Chief of Analytics at DAT Freight & Analytics.
Their services can be categorized into three main areas: Assessment and Analysis Freight Planning and Forecasting: Loadsmart helps businesses predict future freight needs. Rate Analysis and Benchmarking: Loadsmart helps clients compare freight rates. FreightIntel AI: Their AI-powered platform provides real-time data and insights.
Chris’ passion for understanding US Truckload Freight Market dynamics and predicting the direction of spot and contract rates stems from his work at Coyote over this period where long-term contract commitments were often made based on an expected long-term cost of capacity in the spot market. He earned a B.S. About Pickett Research.
Recent research across 50+ procurement professionals found them most concerned with the impact of external factors on operations, with rising costs ( 55% ), geopolitical disruptions ( 45% ) and capacity constraints ( 38% ) at the top concerns. Why Rate Refresh?
Scenario analysis and optimization defined. Dealing with multiple capacity constraints. This eBook shares how supply chain leaders leverage their supply chain design software to tackle a variety of challenges and questions. What's inside? Creating a strategic digital twin (digital representation) of your supply chain network.
Anthony transitioned to a Corporate Economist & Consultant, advising CXO leaders and Fortune 500 companies on economic analysis, industry trends, and internal strategy. He led analysis around M&A, pricing sensitivity, competitive intelligence, and annual sales forecast for the executive team.
Fleet Overcapacity The container shipping industry has experienced significant growth in recent years, leading to an increase in vessel capacity. However, the economic slowdown has left many shipping companies with excess capacity, exacerbating the problem of overcapacity in the industry.
At KataCon 2020, Steve Medland posed a problem that comes up fairly often: The default Toyota Kata process analysis (“grasp the current condition”) involves determining takt times and cycle times for the process, and a lot of processes don’t have an obvious repeating cadence. First some background just to level-set everyone.
Over 1,300 shippers place their trust in DAT iQ’s rate and capacity analytics solutions, which empower confident decision-making and transportation planning and management. DAT.com provides real-time information on trucking rates, capacity, and market trends, allowing users to make informed decisions.
Flatbed Messenger eliminates empty miles by matching Home Depot’s dedicated capacity to Loadsmart shippers who need flatbed services. Enterprise brands looking to reduce empty miles from their dedicated/private flatbed capacity can reach out directly to flatbedmessenger@loadsmart.com for more information.
Last year was marked with capacity issues and high prices, but today, freight prices have decreased, while capacity has increased. Many of these large retailers have big wallets and volume, so in the future they will get the return on their investments by taking steps to secure capacity with carriers. Let’s not forget U.S.
Chris is the Chief Operating Officer at Flock Freight , a technology company that is on a mission to solve the US trucking industry’s wasted capacity problem. Joe Lynch and Chris Pickett discuss what’s next for the freight market. To learn more about the company, offerings, and careers, visit flockfreight.com.
This shows the resilience of the Turkish carpet industry and its capacity to recover against difficulties. The post Turkish Carpet Exports: A Quick Analysis appeared first on More Than Shipping. Collectively, these elements have contributed to the mutually beneficial commercial relationship between the U.S.
Deforestation Widespread deforestation in the region has reduced the natural water retention capacity of the forests. The post Navigating the Challenge: The Analysis of Reduced Water Levels in Panama Canal appeared first on More Than Shipping. This has a direct impact on the flow of water into the canal’s reservoirs.
billion rate data points monthly to provide the most comprehensive view of the market, helping you identify savings opportunities and make data-driven decisions. billion rate data points monthly to provide the most comprehensive view of the market, helping you identify savings opportunities and make data-driven decisions.
Despite increasing their capacity, U.S. chemical and plastics manufacturers struggled to reach overseas markets last year due to rising shipping costs, port congestion, equipment shortages, and capacity constraints. The post An Overview of the Resin Market and Long-Term Analysis appeared first on More Than Shipping.
So, global shipping capacity is already strained. Economy: A Numerical Analysis appeared first on More Than Shipping. Today, issues in the Red Sea continue with no solution on the horizon. The Panama Canal is fully utilized in the light of some route changes to Panama instead of the Cape of Good Hope.
Moller-Maersk, the worlds second-largest ocean container carrier, has finalized agreements with three shipyards to build 20 new dual-fuel container vessels with a total capacity of 300,000 TEUs. Once phased in, they will replace existing capacity in our fleet, added Cristescu. TEU while focusing on sustainability.
I had the opportunity to sit down with Tim Denoyer, vice president at ACT Research, to ask him about the current state of Class 8 truck manufacturing and what it means for truckload and less than truckload (LTL) capacity in the near future. Where are Class 8 tractor sales headed, and what does this mean for capacity? Mind the backlog.
Despite labor shortages for supply chain operations, limited warehouse space, congestion and lead time issues, the biggest problem in the shipping industry is still securing market capacity and pricing. How is ocean capacity and pricing looking heading further into 2022? Carriers’ new plans to add capacity to the U.S.
Dive deeper into freight data that matters Stay in the know in the now with instant freight data reporting Sign up for Free Analysis Some minimal congestion – caused by the three day strike at the beginning of the month – remains at US East Coast and Gulf ports though operations have mostly recovered.
In addition to its large warships, the Chinese Navy has a significant capacity with smaller vessels and support ships. China’s Growing Port and Shipyard Capacity Chinese ports continue to increase their influence on global trade, as evidenced by their performance in the first three quarters of 2024.
Quality and Detail of Data and its Analysis In some of our earlier posts, weve stressed the importance of simplicity in distribution network design , and we will return to that topic later in this article. It’s not a short list, so we’ll set it down here as a summary to help you with plans for analysis.
The world’s largest shippers and capacity providers use the Emerge Freight Procurement Platform daily, showing immediate ROI for procurement and saving valuable time in the process. Founded in 2017, and located in Scottsdale, Arizona, Emerge is one of the fastest-growing technology startups in the U.S.
The Port of Prince Rupert, one of Canada’s largest and most important strategic ports, has started constructing a capacity-increase project. The port, located in British Columbia, seeks to increase capacity and promote export logistics on a wider scale. Capacity for loaded export containers will also increase.
Simplify, Synchronize, Succeed Gain consolidated visibility into rates, capacity, and market shifts. Our analysis of enterprise logistics operations revealed that teams using manual processes spend an average of 22 hours per week on data entry and validation tasks.
Optimized storage capacity allowed Levata’s new warehouse to efficiently manage a wide range of SKUs, maximizing storage utilization, and giving the company room to grow.
The Supply Chain Disruptions Include: Manufacturing capacity drops and become less efficient. Trucking capacity falls and costs increase. Final mile capacity demand increases. can be created to serve as a sandbox for scenario analysis. Rapid changes in consumer buying habits. Labor shortages and cost increases.
Shortages of drivers is just one of the contributors to the difficulties shippers are having in securing the truck capacity they need. Michelle Sodomka, a Senior Director in charge of Open Sky Group ’s transportation management practice has 15 years’ experience in risk analysis and mitigation within the logistics industry.
Chris’ passion for understanding US Truckload Freight Market dynamics and predicting the direction of spot and contract rates stems from his work at Coyote over this period where long-term contract commitments were often made based on an expected long-term cost of capacity in the spot market. He earned a B.S. About Pickett Research.
However, refrigerated containers, or reefer containers, have limited cargo capacity compared to standard dry containers. In conclusion, inefficient management of empty containers results in economic losses for ports, impacts low value-added product exports, and causes capacity loss and increased costs.
Most of that additional production capacity could be added in the next three years, based on an analysis of 48 chipmakers with fabrication plants in mainland China, the research showed.
Drewry research is well executed and they have thoughtful analysis. There is an oversupply of container shipping capacity coming. A good summary as of the beginning of October 2022. There are so many newbuilds coming. And the amount of container … Continue reading →
The announcement has been welcomed by Indian shippers who have experienced challenges in recent years due to high container freight rates and capacity constraints. The new port will have the capacity to handle 23 million TEUs annually and will be deep enough to accommodate HMM’s 24,000-TEU vessels.
Dive deeper into freight data that matters Stay in the know in the now with instant freight data reporting Sign up for Free Analysis Last week, transpacific ocean rates continued their slide that started early this month. America weekly prices increased 1% to $1.67/kg. Freightos Air Index data show Asia – N. Europe rates of $3.70/kg
The cargo is generally part of an infrastructure project, that requires specialized stowage, lifting capacity, transporting, loading, and discharging at different ports. The feasibility analysis determines the viability of the project.
Improving driver productivity has an immediate impact on delivery capacity and, as a result, customer experience, with companies exploring innovations in areas such as delivery route optimisation (54%) and driver mobile productivity (45%). similar news Are you ready for Peak?
Expected Developments The Gemini partnership will manage a fleet of around 340 vessels, with a total capacity of 3.7 With plans to operate a massive fleet and introduce new trade routes, the Gemini Cooperation is poised to reshape maritime logistics. However, this ambitious initiative also brings potential challenges. million TEUs.
This begs the question: Even if the industry gets more truck drivers, just how much is enough to relieve the strain on trucking capacity? The answer is not simple and involves research and analysis across a number of factors. How many more truck drivers are needed to balance demand for truck transportation with the supply of capacity?
Dive deeper into freight data that matters Stay in the know in the now with instant freight data reporting Sign up for Free Analysis Low water levels driving weight restrictions and reductions in daily Panama Canal transits has created a backlog of about 150 ships waiting – some for more than a week – for passage. Europe – N.
Bank , offering a comprehensive analysis of freight shipping rates. The gap between spot and contract rates is closing, TL and LTL are approaching equilibrium (a sign of a market correction), import volumes are strong and carrier revocations (capacity leaving the marketplace) are increasing.
Analysis With a minimum 145% tariff on all goods from China, many US importers are canceling orders and pausing shipments in hopes that direct negotiations which have not officially begun yet between the two countries will result in deescalation and lower tariffs soon. Air rates – Freightos Air index China – N. China – N.
Network Design tools that are fueled by powerful mathematical optimization in the back end, and intuitive scenario analysis capabilities at the front, empower supply chain professionals with the ability to create flexible plans and expose hidden risks in their network. – Tweet this. Resilient planning in action .
billion rate data points monthly to provide the most comprehensive view of the market, helping you identify savings opportunities and make data-driven decisions. billion rate data points monthly to provide the most comprehensive view of the market, helping you identify savings opportunities and make data-driven decisions.
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