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As CEO of Smith-Cargo Transportation, he orchestrated a successful exit and sale to a private equity firm. Real-Time DataAnalysis: The platform analyzes call data to identify trends, monitor quality, and provide insights for continuous improvement in customer service and operations. Integration Capabilities: CloneOps.ai
Second, effectively improving warehouse operations requires a combination of data collection, process improvement, and technology. full pallets, full cases, individual units, cargos). First, no one strategy or technology fits every case. So, let’s dig into the steps needed to optimize this critical warehouse process.
defenses against China’s growing control of digital information related to global shipping and cargo, warning it could undermine national security and businesses. A congressional advisory body is urging legislators to strengthen U.S.
However, the main question for the shipping industry has always been locating less-challenging places to ship cargo from. The first solution was to re-route some of the cargo to Seattle and Oakland, which port authorities were confident that they could take the load off and regulate the cargo flow.
More Resources Home October 22, 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. Freightos Air index data shows Middle East – N.
West Coast ports, a group of five California ports will partner to create a game-changing data-sharing system for seamless shipments. Working together, the alliance of California ports will seek to unify currently siloed data and solve visibility issues, a major reason for supply chain disruptions at U.S. In major news for U.S.
So, going into 2025, I would like to focus on current congestion data, global trends and what U.S. exporters can expect in the new year in regard to cargo fluidity. In Antwerp, just in February, export truck gates got restricted, and the terminal temporarily stopped newly additional import and transshipment cargo.
Eric is the Air Cargo Editor at FreightWaves, the leading FreightIntel provider, offering current digital intelligence and context to the freight community on a central platform. Eric Kulisch is the Supply Chain and Air Cargo Editor at FreightWaves. Russia sanctions cut both ways for air cargo. About Eric Kulisch.
We experience such diverse supply chain disruptions that tracking the data on U.S. Carriers report strong demand on transpacific trade as some lines now restrict contracted businesses they once committed to, in order to accommodate current spot cargo. The shipping ecosystem is ever-changing.
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. The post Turkish Carpet Exports: A Quick Analysis appeared first on More Than Shipping. Iraq, the United Kingdom, and Germany.
RPA technology simulates human operations in digital systems, such as data entry, file processing, and information transmission, achieving full automation of key processes from booking to order. Booking Processing : RPA can automatically scan and digitize booking documents in various formats and then automatically enter the data.
More Resources Home October 15, 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 increased 2% to $1.82/kg.
Data represents an integral part of daily life for most people, and it is no different within the transportation industry. That insight into how freight logistics and optimization rely on data and understanding the full picture is critical to making the best improvements in supply chain route optimization too.
” Later, this became more defined, and people started using terms like “shipping company” or “air cargo.” The only way organizations can manage large-scale operations and ease the workload of their staff, clients, and vendors is by transmitting most data digitally, implementing a robust digital process.
PAXAFE predicts adverse events through the supply chain to de-risk B2B shipments and enable intelligent cargo insurance. CONTXT enables shippers, 3PLs / carriers and insurance providers the ability to intercept at-risk shipments, automate claim diagnosis and root cause analysis, and improve loss ratios via improved underwriting.
H aving access to real-time freight data and being able to make good use of it is essential for global trade and maritime shipping. Global retailers use data to understand lead time Successful supply chain operation at any stage hangs on the ability to stay on top of shipping and transport logistics. Request a SONAR Demo.
The global air cargo market saw a 4% year-on-year decline in the four weeks to February 2, 2020, according to the latest ‘dynamic load factor’ market intelligence from CLIVE Data Services. But looking at the data in more detail tells a more nuanced picture. This implies that the ‘normalised’ global market saw a decline of -1%.”.
The NSAC is also working on a number of initiatives to improve the ports including: demurrage/detention standards, data standards, transparency, and digitization. Our team is also available for advisory boards, leadership recruitment, and corporate speaking engagements. The NSAC is actively working to identify and eliminate bottlenecks.
Within the project cargo sector, there is a growing trend in infrastructure development investments that are driving the demand for project cargo services. Even renewable energy projects in wind and solar farms are contributing to the demand for project cargo services with the boom in global investments for clean energy.
Shipping companies have significantly reduced their cargo numbers since Covid-19 hit the world. 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. A 40-foot container from Asia to the U.S.
Due to the previous surge of China as the world’s factory over the last two decades, much of the global carriers’ business has revolved around transporting cargo between the U.S. And that’s why it’s important for carriers to apply data and enable predictive freight rating through these five requirements. Download the White Paper.
Therefore, since trade has increased, and cargo has turned to containerization, the infrastructure has not been able to match the demand and this has caused delays. This is due to ships having to wait longer in ports to load or unload their cargo, and as a result, shipping companies operating costs are increased.
The second annual report on cargo theft worldwide, issued by TT Club , confirms the overwhelming targeting of cargo trucks compared to all other modalities. The authors believe the report can play a significant role in educating supply chain professionals in the detailed risk of cargo theft across the globe.
More Resources Home November 19, 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. In air cargo, Middle East – N.
More Resources Home April 16, 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 fell 2% to $3.30/kg.
More Resources Home August 14, 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 prices (FBX11 Weekly) fell 1% to $8,343/FEU.
The freight forwarding and project cargo sectors, always at the heart of global commerce, are adapting and evolving. Advanced tracking systems, predictive analytics, and blockchain solutions are revolutionizing the way we perceive project cargo. But how does this translate to freight forwarding? appeared first on More Than Shipping.
More Resources Home September 26, 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 show Asia – N.
More Resources Home May 15, 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 fell 12% to $3.60/kg.
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.
Blog " * " indicates required fields Email * More Resources Home August 29, 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.
Blog " * " indicates required fields Email * More Resources Home September 6, 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.
More Resources Home November 28, 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. Europe weekly prices increased 6% to $4.47/kg.
More Resources Home April 2, 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 fell 6% to $3.31/kg.
While cargo theft has been a pressing problem within the trucking industry, it has witnessed an increase since 2020, through the COVID-19 pandemic and subsequent social lockdowns. Watchdog platforms, 3PL companies, and technology can be important allies in the war against rising cargo crime numbers.
More Resources Home May 8, 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 fell 7% to $4.08/kg. Europe – N.
More Resources Home March 12, 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 35% to $2.97/kg.
More Resources Home The Red Pill: The (Slow Yet Steady) Revolution in Global Freight Digitization Eytan Buchman April 15, 2024 Dive deeper into freight data that matters Learn More The March 26th Francis Scott Key Bridge allision feels shocking. He’s obsessed with marketing, data storytelling (it’s a thing!)
The second annual report on cargo theft worldwide, issued by TT Club , confirms the overwhelming targeting of cargo trucks compared to all other modalities. The authors believe the report can play a significant role in educating supply chain professionals in the detailed risk of cargo theft across the globe.
More Resources Home July 30, 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. Prices out of S. Asia dipped 8% to N.
More Resources Home May 1, 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. In air cargo, Freightos Air Index China to N.
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. Europe weekly prices fell 4% to $3.87/kg. Europe – N.
According to the maritime data from the Journal of Commerce’s Port Import Export Reporting Service (PIERS), a private source, U.S. On July 1st, the ILWU coastwide contract expired, giving place to many instances of cargo-handling disruptions. “Improved flow is directly corelated to decreased cargo volume in the West Coast.
More Resources Home July 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 fell 10% to $3.38/kg.
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