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As CEO of Smith-Cargo Transportation, he orchestrated a successful exit and sale to a private equity firm. He then co-founded Lean Solutions Group, where he spearheaded two successful liquidity events with private equity and scaled the company to over 10,000 employees across Latin America. Integration Capabilities: CloneOps.ai
Brian is the Founder of Port X Logistics , a transportation company that specializes in expediting containerized cargo throughout the U.S. About Brian Kempisty Brian Kempisty is the Founder of Port X Logistics, a transportation company that specializes in expediting containerized cargo throughout the U.S. and Canada. and Canada.
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.
Forwarders like John Hextall of the De Well Group are coming to terms with the notion of “beneficial cargo owners” having to shop at multiple levels and engaging with different non-vessel operating common carriers to identify any usable space. The post Analysis on 2021 Container Shipping Delays appeared first on ShipLilly.
This past Sunday, another cargo ship was attacked by Iranian-linked rebels, this time in the Red Sea. Using helicopters, Houthi rebels from Yemen seized a cargo ship, named The Galaxy Leader , that was linked to Israel. It was the latest in a string of attacks on cargo ships and threats against cargo ships, in the Middle East region.
Robert Cadena is the Co-Founder and CEO of Lean Solutions Group , which provides operational, marketing, sales, and technology services to the logistics and transportation industry. About Lean Solutions Group. Supply Chain Security Analysis. Lean Solutions Group. About Robert Cadena. Transportation 2.) Logistics 3.)
Dive deeper into freight data that matters Stay in the know in the now with instant freight data reporting Sign up for Free Analysis Hurricane Milton battered the west coast of Florida last week. In air cargo, Freightos Air Index data shows that transpacific air cargo rates that had jumped to $7.07/kg Europe – N.
Cargo Tracking and Updates : RPA can regularly access the logistics service provider’s system to obtain the latest logistics status and automatically update it to the company’s customer service platform. Dora Zhu is a Senior Research Analyst at ARC Advisory Group China.
West Coast ports, a group of five California ports will partner to create a game-changing data-sharing system for seamless shipments. ” Each of the ports in Los Angeles and Long Beach runs a cloud-based system for cargo data. In major news for U.S. West Coast ports two years ago. .”
Dive deeper into freight data that matters Stay in the know in the now with instant freight data reporting Sign up for Free Analysis Recovery efforts in Baltimore continued to make progress this week. Another driver of improved air cargo volumes is growing demand for B2C eCommerce out of China. Europe – N. America and N.
In air cargo, B2C e-commerce demand out of China continues to be the biggest driver of strong volumes, tighter capacity and upward pressure on rates to N. America even during these typically slow months for air cargo. Freight news travels faster than cargo Get industry-leading insights in your inbox. Europe – N.
Yulia Celetaria, Global Director, Pharma for AirBridgeCargo Airlines, said: “We are proud to be stepping away from the previously existing fragmented nature of the air cargo industry toward a collaborative approach where all the stakeholders function as a single unit to ensure the integrity of pharmaceutical products.
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. Freight news travels faster than cargo Get industry-leading insights in your inbox. Europe rates of $3.70/kg
Dive deeper into freight data that matters Stay in the know in the now with instant freight data reporting Sign up for Free Analysis Many of the world’s top ocean freight stakeholders are gathered in Long Beach this week for the annual TPM conference, which this year takes place under the shadow of continued Red Sea disruptions.
The impact of this shift on air cargo rates, though, could be mitigated somewhat by summer travel’s additional passenger flights adding cargo capacity to the market. The biggest driver of elevated air cargo rates out of China – Freightos Air Index rates out of China were at $5.86/kg Europe – N. America and $3.60/kg
Dive deeper into freight data that matters Stay in the know in the now with instant freight data reporting Sign up for Free Analysis Ocean peak season’s early arrival together with Red Sea diversions straining capacity and schedules continued to result in worsening congestion, equipment shortages and elevated prices this week.
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, Canada’s Labor Minister ended the separate labor disputes – one on each coast – that had resulted in lockouts at Canada’s major container ports. In air cargo, Middle East – N.
For a deeper dive into the latest freight market trends, I strongly recommend Judah Levine’s weekly freight analysis, which you can register for right here. Eytan Buchman CMO, Freightos Group Eytan Buchman loves freight so much he shouts out container sizes while he walks around. and bakes really good cookies.
With the sides still far apart, trade groups are urging the White House to get involved. Despite growing opposition from domestic groups to Chinese B2C e-commerce imports entering the US and EU via de minimis exemptions and mostly by plane, air cargo rates and volumes have remained elevated – Freightos Air Index China – N.
Dive deeper into freight data that matters Stay in the know in the now with instant freight data reporting Sign up for Free Analysis A massive container explosion on a vessel docked at the Port of Ningbo on Friday – the most destructive of several recent container fires – closed the port’s Phase III Terminal for 60 hours over the weekend.
In air cargo, there is some optimism that Q1’s unexpected volume strength will continue into Q2. Freight news travels faster than cargo Get industry-leading insights in your inbox. Europe – N. America weekly prices fell 2% to $1.77/kg. Freightos Air Index rates out of China dipped slightly last week to $5.43/kg America and $4.08/kg
Dive deeper into freight data that matters Stay in the know in the now with instant freight data reporting Sign up for Free Analysis Asia – N. Though global air cargo volumes increased through October , the seasonal bump is estimated at about a third its typical size. America weekly prices increased 5% to $2.10/kg.
Dive deeper into freight data that matters Stay in the know in the now with instant freight data reporting Sign up for Free Analysis Typhoon Gaemi wreaked havoc in the form of evacuations and deadly mudslides and flooding across the Philippines and Taiwan on Thursday and parts of southeast China into Friday. Prices out of 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 Overall, the ocean container market has settled into a new routine that avoids the Red Sea due to Houthi attacks which continued this week. In air cargo, Freightos Air Index China to N. America and $3.85/kg
And though there were expectations of a significant move to air and sea-air logistics, so far the shift seems moderate and more pronounced for sea-air than for air cargo. America air cargo rates climbed 11% last week to $5.33/kg, Freight news travels faster than cargo Get industry-leading insights in your inbox.
Dive deeper into freight data that matters Stay in the know in the now with instant freight data reporting Sign up for Free Analysis Ex-Asia ocean rates fell across the major tradelanes last week, showing that carriers’ attempts to increase rates in November with General Rate Increases had limited success.
Dive deeper into freight data that matters Stay in the know in the now with instant freight data reporting Sign up for Free Analysis Though US retail spending has held up even as inflation cools, sales across major retailers have been uneven. America air cargo rates increased for the third consecutive week last week, and at $4.02/kg
In air cargo, the seasonal lull combined with overall low demand is pushing volumes below pre-pandemic levels at some of Europe’s major hubs , though some in the industry are hopeful that electronics product launches set to begin soon could drive some peak season rebound in the coming months nonetheless.
Dive deeper into freight data that matters Stay in the know in the now with instant freight data reporting Sign up for Free Analysis Ocean rates out Asia eased slightly last week across the major lanes. Freight news travels faster than cargo Get industry-leading insights in your inbox. Europe – N. For shipments to N.
Dive deeper into freight data that matters Stay in the know in the now with instant freight data reporting Sign up for Free Analysis Ocean rates out of Asia climbed significantly last week, with the latest daily prices already at $8,200/FEU to N.America West Coast, $9,300/FEU to the East Coast, $8,600/FEU to N. Europe – N.
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. How quickly that will happen – and what knock-on effects it has for global air cargo industry – will be a strong indicator for the year ahead.”.
Dive deeper into freight data that matters Stay in the know in the now with instant freight data reporting Sign up for Free Analysis The Canadian rail lockout of union employees that went into effect on Thursday and threatened to disrupt North American logistics lasted only eighteen hours. America weekly prices increased 1% to $1.66/kg.
Though ocean flows out of India are improving , there is still additional pressure on air cargo in the region which started in late January due in large part to Red Sea-driven disruptions, with demand for sea-air out of Dubai also still elevated. Freight news travels faster than cargo Get industry-leading insights in your inbox.
Dive deeper into freight data that matters Stay in the know in the now with instant freight data reporting Sign up for Free Analysis Salvage crews have already started working to clear the wreckage from last week’s bridge collapse in Baltimore. Freight news travels faster than cargo Get industry-leading insights in your inbox.
Dive deeper into freight data that matters Stay in the know in the now with instant freight data reporting Sign up for Free Analysis An early start to ocean peak season – driven by signs of economic recovery in Europe and, in N. Some observers expect the latest increase in ocean disruptions and rates to push some demand to air cargo.
The global shipping industry heavily relies on accurate and timely documentation, such as the Bill of Lading (BOL), to transport an astounding 11 billion tons of cargo annually. According to a 2020 analysis by the Insurance Information Institute, these disruptions cost firms an average of $1.45 Cargo Theft: In 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 Ex-Asia ocean rates climbed across the board last week on early-month GRIs and further capacity reductions. Freight news travels faster than cargo Get industry-leading insights in your inbox.
Disruptions and higher prices in ocean logistics could push more volumes to air cargo like they have on some lanes since the beginning of the Red Sea crisis. Middle East air cargo export rates rebounded 12-25% last week back to early May levels, suggesting some increase in demand already. Europe – N.
Dive deeper into freight data that matters Stay in the know in the now with instant freight data reporting Sign up for Free Analysis Ocean spot rates increased last week to highs for the year on the major tradelanes. In air cargo, strong e-commerce volumes continue to be the major driver of elevated rates to N. Europe – N.
Dive deeper into freight data that matters Stay in the know in the now with instant freight data reporting Sign up for Free Analysis The massive IT outage caused by the CrowdStrike update on Friday led to thousands of delayed or canceled flights worldwide over the weekend as airport and airline systems went black. Europe – N.
The Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG) reported stellar results once again last Wednesday (December 1st). When there’s more demand than supply, prices go up, as we saw in previous months with record -high prices for ocean and air cargo moves. Ed Ryan, CEO of Descartes.
Dive deeper into freight data that matters Stay in the know in the now with instant freight data reporting Sign up for Free Analysis Despite US and UK strikes on Houthi positions in Yemen, attacks on Red Sea traffic continued this week, both on US naval assets and commercial vessels. America weekly prices increased 2% to $1.84/kg.
Dive deeper into freight data that matters Stay in the know in the now with instant freight data reporting Sign up for Free Analysis Transpacific ocean rates were level to close November and about even with the start of the month, with prices to the West Coast 22% higher than in 2019 and East Coast rates 9% below the 2019 mark.
Freightos Air Index data show air cargo rates have remained stable on most lanes despite the recent increase in ocean delays and prices. Freight news travels faster than cargo Get industry-leading insights in your inbox. Europe – N. America weekly prices fell 2% to $1.63/kg. China – N.
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