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Yesterday Freightos announced a private beta version of its online instant freight quote marketplace. So obviously, being freight rate nerds, we got to wondering: How much would the logistics of shipping the iPhone 6s from China to the U.S. From some rough calculations, we believe that Apple’s freight costs for supplying U.S
So you want to become a freight agent? We’ve put this article together to help you kick off your freight agent business. Educating yourself on freight brokering will benefit you immensely when it comes to opening an independent freight agency. How do you get started? Getting Started: Education. Click Here.
Today we finalize our most viewed articles from the Cerasis blog by featuring the most read freightarticles published in 2015. As a recap, and for easy to access link, we have showcased the following: Most Read Manufacturing Articles of 2015. Top Supply Chain Articles of 2015. Top Logistics Articles of 2015.
As we head into 2016, we are featuring our most read articles of 2015 in our five main categories: Manufacturing, Supply Chain, Logistics, Transportation Management, and Freight. Yesterday we published the top 10 most read manufacturing articles of 2015. . Top 10 Supply Chain Articles from 2015.
To the uninitiated (which included me at one stage), these industries are same or similar and it might come across that there is no difference between Maritime, Shipping, Freight, Logistics, Supply Chain and Trade. Many of us in the business relate to freight as “money”.
However, freight shipping is the one activity that presents significant barriers to overseas-market entry, as you may have discovered if your business is starting to look across international borders for its next step in expansion. Container shortages and sky-high freight rates have spared no enterprise, regardless of its scale.
Well, B2B freight is actually much more complex than that. Transportation Modes in B2B Freight When you’re moving goods between businesses, you’ve got several options in your toolkit. Ocean Freight: This is your global connector. Air Freight: Think of this as your premium express option.
Does your supply chain depend on container freight shipping? At Logistics Bureau, we have supply chain consultants available to help you improve volume forecasting and attain the most favourable container freight rates possible, even during this period of pandemic-induced turmoil. Adjust to a Carrier-centric Freight Market.
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. Transportation costs: Freight rates, fuel and labour costs, and other transportation expenses. 4 of this article.
When I first began planning this article, the most significant impacts of COVID-19 were primarily limited to Mainland China. Now the entire freight transportation industry, across air, ocean, road, and rail sectors, is awash with disrupted expectations and has retreated into survival mode. Air Freight Transportation Trends 2020.
Wouldn’t it be amazing if someone could cut through the hype and summarize the key freight and logistics trends every month? Short Term Medium Term Special Feature Carriers & Cargo Innovation Freightos focus November 2015 freight and logistics trends that rate. Thought you’d never ask. Keep reading. Or is there?
As the backbone of global supply chains, ocean freight transports approximately 90% of traded goods, making it the primary method of transportation for international trade. In this article, we’ll delve into the crucial factors to consider when selecting an ocean freight forwarder and their role in ocean freight logistics.
Whether your company is a big or small player in terms of shipping volumes, and regardless of your chosen transportation modes (road, rail, ocean, air), the health of your bottom line depends in no small part on the competitiveness of your freight prices. So how can you be sure you’re getting the best freight rates possible?
Shipping air inside expensive freight containers has never been a cost-effective approach to transportation. Today though, in the wake of the COVID-19 pandemic, it’s even more critical to try and improve capacity utilisation , given the skyrocketing costs of container freight shipping.
In this article, we explore Invoice Reconciliation tools as a core piece of every digital 3PL/freight brokerage’s operations. This post is part of a , series of posts that aims to shed light on the many new and innovative freight tech solutions that empower freight brokers to transform digitally.
Even the freight transportation industry can't avoid this problem. That's why we've put together 5 free resources for freight brokers like you can't afford to miss out on. Are you ready to change the way your freight brokerage operates? Are you ready to change the way your freight brokerage operates? Let's get started.
As the world becomes hyperconnected , the demand for rapid response for concealed freight damage, general freight damage or missing items from shipments has changed. On April 18, 2015, the National Motor Freight Traffic Assocation® has amended the NMFC rules regarding the required time frames for reporting concealed freight damage.
Disclaimer: This article is a zoom out for the less freight-inclined. If you have a deeper understanding of freight, you might want to check out our Freightos Baltic Index daily container index instead. Let’s talk freight. . And it’s not just ocean freight. More freight costs, higher consumer costs.
Of course, there is the migration from retail to ecommerce. [17:29] 30:05] Who do you think will be successful among the digital freight brokers? . The freight brokers that are most successful are the ones that have lots of shipper relationships. NEXT Trucking is an emerging player with a lot of cap to freight.
Supply chain disruptions were headline news in 2021, and the world of bulk freight had its share. We’re talking, of course, about the bulk truck driver shortage. But the biggest challenge for bulk shippers in 2021 was also the biggest challenge in 2020, 2019, and 2018.
Editor’s Note: This article is from Steve Bettwy , Vice President – Quality and Business Continuity, Operational Excellence, and Continuous Improvement at Direct Supply. Of course, along with that comes a lot of products that need delivering. None of this is new news, of course. Amazon itself says it won’t.
Considering Yellow Corporation was the third largest LTL carrier, what happened to all the freight they handled? We saw news articles and hit pieces about the conflict, week after week. In July, whispers began of a possible union strike that would effectively halt YRC’s freight network. So, what happened?
The Digital Freight Ecosystem. Part 2: What’s Bringing Freight Online. In the first part of this article , Dr. Schreiber observed that freight is still largely offline and examined why freight digitalization has been so complicated. . Bringing Freight Online In The Carrier Space. Which makes sense.
Currently, we are seeing interest rates above seven percent , and the future freight market is not clear. As a Freight Agent, what should you be doing in this uncertain freight market? As a Freight Agent, this is where you can come in as a valuable resource for your shipper and carrier relationships.
Domestic transportation demand patterns continue to trek eastward , shaking up entrenched freight flows and positioning the market for future rate hikes. Inventory correction Early in the course of this shift to the East, industry experts pointed to inventory offloading as a potential contributing factor.
This is a huge step in our journey to digitalize global freight and build a more modern foundation for world trade. Crossing one million bookings annually in 2023, we’ve made significant headway in digitizing spot freight pricing and bookings, especially in air cargo.
What’s in the article: How the economy relies on Truck Drivers. of domestic freight transportation, including raw materials for manufacturing, finished manufacturing, and retail goods. Hoping that hand washing, social distancing, and mask-wearing would keep them safe while interacting with others in the course of their work.
In his 70th weekly edition of “ The LogTech Letter “, Eric writes about the notion of shipping cartels and how a headline or article that calls container lines a cartel may push the reader toward believing that liner carriers are in cahoots with one another in nefarious (ie illegal, immoral, or anti-competitive) ways.
In this article, Eytan Buchman, Freightos’ CMO, discusses the importance of data and context in global freight and logistics. The future of global freight data lies in real-time information, contextual insights, and aggregated data that can help companies make better decisions and adapt to a rapidly changing industry.
In this article, we review how carrier and forwarder fragmentation remains one of the most significant hurdles for modern freight, how freight standardization and platformification are posed to change that, and why innovation we can’t even imagine might be around the corner. But as a freight technology junkie, it made sense.
Wolf | Staff Reporter December 7, 2023 The post-pandemic trend toward nearshoring of trade is on course to finish the year strong despite an earlier slowdown in broader trade activity, a shift experts view as a prelude to longer-term change. READ THE FULL ARTICLE While Mexico has surpassed China as the United States’ No.
Article Summary The COVID-19 pandemic has wrought staggering changes in higher education around the world. Whereas online courses and programmes were previously managed as… The post Online Learning is Growing Exponentially—And it’s Here to Stay appeared first on 24/7 Customs Broker News.
Domestic transportation demand patterns continue to trek eastward , shaking up entrenched freight flows and positioning the market for future rate hikes. Inventory correction Early in the course of this shift to the East, industry experts pointed to inventory offloading as a potential contributing factor.
A version of this article originally appeared on JOC.com. . In itself, that’s a big deal, but its significance is compounded when you consider the trucking shipment volumes such a move will require; it’s essentially jet fuel for their new freight brokerage business. Regulating Amazon…Because Freight. We welcome Amazon.
This speculative post explores the difference between B2B and B2C freight pricing. Are B2B freight providers falling behind? Should they offer tiered freight-price options like those enjoyed by consumers, and what stops them from doing so? Should B2B Freight Providers Offer B2C-Style Shipping Rates?
A version of this article appeared in the Journal of Commerce on March 4th, 2017. There’s been a slow, persistent march towards increased digitalization and, yes, increased transparency, in the freight industry. Other companies, like Uber, Amazon and, of course, Alibaba, are increasing their B2B foothold.
Launching your business in the freight broker and logistics fields can be an exciting journey. One of the best ways to get the knowledge you need to excel is to turn for freight broker tips in online groups. Unlike official courses where you get the basics about the trade, online groups provide first-hand freight broker resources.
The Digital Freight Ecosystem. Part 2: What’s Bringing Freight Online. In the first part of this article , Dr. Schreiber observed that freight is still largely offline and examined why freight digitalization has been so complicated. . Bringing Freight Online In The Carrier Space. Which makes sense.
The post Chinese black out on Maritime Data as Automatic Identification System data blocked appeared first on Shipping and Freight Resource. Source : Bloomberg – by Iain Marlow, and Jing Li.
When you negotiate freight contracts though, there’s a lot more to consider (and haggle over) than the price per unit/tonne/pallet that you wish to transport. In this post, we’re going to share some suggestions, along with some principles to adhere to if you want to negotiate freight contracts that really benefit your business.
If You’re Looking to Ship FTL Freight You’ll Want to Check Out These 5 Tips for a Good Experience. You’re shipping freight and you’re not sure if you need a whole truck, less than truckload, or a whole smaller truck? In this article, we will run down a list of useful tips for shipping full truckloads worth of cargo.
Choosing freight carriers is not the easiest of tasks, so it’s understandable why companies often overlook the need for a freight review , even when such an undertaking is long overdue. Read and Heed the Signs that Freight Review is Due. But how do you know when it’s the right time to conduct a freight review?
Of course, if the audit team uncovers prohibited activities, the Commission will take appropriate action. The post Federal Maritime Commission to assess carriers’ compliance on demurrage and detention appeared first on Shipping and Freight Resource. Source : FMC.
Is your company one of the many that take a minimalist approach to freight management? Yes… I did say minimalist, not lean. When I say minimalist, I’m talking about the many companies which, while reliant on freight to keep supplies coming in and products going out, don’t see freight management as a core competency.
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