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Cargo theft is on the rise, and the thieves aren’t just interested in high-value goods anymore. According to USA Today , cargo thefts of paper goods, personal protective equipment (PPE), and food increased last year as the black market for such items flourished during COVID-19. Are You in Control of Your Freight’s Destiny?
For the first time, there is real-world data that shows that wind power could be a viable source of energy to power container ships in the near future. Encouraging data has been released on using wind power for powering a cargo ship, according to the BBC. What did the results of the months-long test show?
Market-optimized pricing and capacity will finally become the standard in air cargo – if the industry is able to follow the lead of other industries, including passenger air travel, that have leveraged digitization to reach this goal. Passenger air travel is another good example. . Air cargo is a different story.
Steve shared insights on the Centralized Examination Station (CES) operations, the challenges of managing CES, and the critical role they play in ensuring the safety and compliance of cargo entering and leaving the United States. Essentially, we work with Customs and Border Protection (CBP) to assist them during their cargo inspections.
More Resources Home The Impact of Fast Fashion Giants On Air Cargo Eytan Buchman April 25, 2024 Navigating New Horizons: The Impact of Fast Fashion on Air Cargo Rates & Dynamics The intersection of fast fashion, globalized retail e-commerce, and air cargo logistics is coming to a head with Temu and Shein’s entrance to the US market.
Cargo that must be loaded, maintained and or carried at a particular temperature for it to arrive its destination without deterioration is classified under refrigerated cargoes. Air cooled condition example Fruits and vegetables. Air cooled condition example Fruits and vegetables. Marine Cargo Survey Practices.
Today’s article is from Blume Global and highlights why air freight forwarders must help industry increase air cargo visibility. A driving factor is the lack of air cargo visibility. They need greater access to data to show not only where shipments are throughout the entire journey in real-time, but also their safety and integrity.
Cargo theft and fraud is a common topic in many circles these days. In fact, CargoNet recently shared data showcasing that cargo theft has reached a 10-year high, increasing 59 percent year-over-year (YoY) in the U.S. There’s simply a lot of confusion and unknowns when it comes to cargo theft in general.
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.
But if you can reduce cargo and shipping damage , you can cut shipping costs. Everything from the packaging materials you use within boxes to the boxes themselves, pallets, wrap, and containers should be chosen based on the level of protection your cargo needs. Start with shock testing to gather data about your normal shipping routes.
Diversified Port Strategies : DGL identifies and utilizes alternative port options to keep your cargo moving. This data allows supply chain managers to make quick, informed decisions in the event of a disruption, avoiding potential bottlenecks.
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. For example, numerous ports are still severely congested today. Gulf exporters that are shipping pretty much anywhere that goes via transshipment.
The combination of SAP agent technologies and Databricks data fabric solution, sets the stage for end-to-end enterprise orchestration. Databricks offers a Data Intelligence Platform. Databricks type of solution is increasingly being called a data fabric or a data platform built on data fabric principles.
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.
The holidays are with us and there is a new report out warning shippers and drivers to guard against cargo theft. The July Fourth risks of losing cargo are well known in the industry. million worth of cargo was stolen in the last half a decade. What does a cargo heist look like? Key risk assessments for cargo thefts.
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.
Incorrect cargo details and/or misdeclaration of cargo and its details has been the bane of many shipping lines over the years. The consequences of cargo and weight misdeclaration were so severe that the IMO had to implement SOLAS VGM regulations. For over two years now TT Club has been promoting its Cargo Integrity campaign.
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. Example: Consider the Suez Canal obstruction.
AI-Powered Optimization for Port Operations Data-Driven Decision-Making: AI algorithms analyze historical data, real-time information, and external factors to optimize port operations. For example, if a vessel is delayed due to adverse weather, port operators can adjust resource allocation accordingly.
While the World Shipping Council estimates that the Suez Canal handles an estimated 10-12% of world trade, it handles a much higher percentage of Europe’s ocean containerized cargo from Asia than it does for the US. Data provided to American Shipper on Wednesday by project44 listed 36 vessels affected by the canal blockage.
Air cargo for example, though continuing to make digital strides, is still behind – and is often compared to – passenger travel where digitized capacity, pricing and online bookings have been around for decades and is in some ways the digitalization template air cargo is referencing.
More Resources Home The Transformative Role of AI in Air Cargo AI Popup #4 August 25, 2024 Dive deeper into freight data that matters Learn More In the rapidly evolving air cargo industry, staying ahead of the curve requires the thoughtful integration of cutting-edge technologies.
One of the key themes that emerged was the growing importance of data standards and integrations. But the volume of available digitalized data, and the number of tools, solutions and platforms that supply chain stakeholders are using (juggling?) The rate of tech adoption in logistics continues to grow. are growing too.
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.
Supply chain disruptions that consist of port and terminal congestion, shipping delays due to high cargo volumes, lack of labor due to Covid-19 and limited space have caused a myriad of challenges for shippers. Lower levels of passenger air travel over the past year have created congestion at air cargo terminals worldwide.
Project logistics require careful planning and coordination, from cargo handling and transportation to regulatory compliance. Break bulk cargo Break bulk cargo often includes oversized or oddly-shaped items that need tailored solutions for transportation and handling.
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. America weekly prices decreased 5% to $5.43/kg
Facing a variety of security threats, from opportunistic intrusions and tampering to drug trafficking and human smuggling by transnational organized crime networks, shipping lines understandably prioritize container and cargo integrity. These capabilities appeal to high-value cargo customers willing to pay a premium for shipment integrity.
Imagine moving cargo across continents as smoothly as computers process data. Data-centric freight exchanges and intelligent multimodal cross-docking hubs will allow haulers to move cargo effortlessly by road, rail, sea and air and seamlessly change carrier, or even transport mode, in real time.
Nevertheless, there is still a lack of transparency in logistics, as data volumes are often insufficiently filtered and processed. BlueBox Systems is the first tracking platform in the air freight sector to deliver real-time visibility of the location of air cargo shipments with highest quality data.
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. America weekly prices increased 21% to $5.72/kg
As climate change drives up the regularity of natural disasters, supply chains must rely on real time data to thrive. . . . . Data from the UN’s research on climate change suggests that the commonality of natural disasters will continue to ramp up unless major steps are taken to tackle climate change. Real-Time Data Saves the Day.
The internet could be the best example for this. Information flow is essential for efficient and effective supply chain management and 5G will allow more data to be transferred faster and simultaneously, bringing visibility and flexibility to the supply chain. during transportation.
More Resources Home December 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. Freightos Air Index data show that China – N.
There are a variety of external data streams that also play a role in providing better visibility and improved ETAs. Companies are partnering with data aggregators to get a better idea of when shipments will arrive. However, the nuances and granularity of the data will vary depending on the mode. Real-Time Visibility Data.
The Ecosystem Today The logistics ecosystem is being transformed by the rise of connected vehicles equipped with IoT sensors and data-driven technologies. These vehicles collect and transmit real-time data on location, speed, fuel consumption, and cargo conditions, enabling more dynamic decision-making.
There are a variety of external data streams that also play a role in providing better visibility and improved ETAs. Companies are partnering with data aggregators to get a better idea of when shipments will arrive. However, the nuances and granularity of the data will vary depending on the mode.
That is a huge success story for the air cargo industry and as promised it has brought significant efficiencies. For example, some carriers shared with us their APIs for contract rates, others for spot rates, some for rates but not ebooking, others share APIs via third parties who charge an exorbitant price for accessing the API.
A fleet management system is used to plan a business’s logistics based on an assessment of historical delivery data and to monitor the performance of each vehicle based on tracking technologies such as GPS and telemetry sensors. The focus is on reducing subjectivity in decision-making and making the business smarter.
Moreover, investing in robust freeze protection strategies not only safeguards your cargo from temperature fluctuations but also enhances customer satisfaction by ensuring the timely and intact delivery of their goods. This data can make the critical difference in successfully rerouting a truck to ensure on-time delivery.
Cybercriminals are increasingly targeting this growing sector due to the large amounts of data stored in these systems and their potential value. This dependence on technology also makes the industry vulnerable to cyberattacks, which can disrupt operations, compromise sensitive data, and cause financial losses.
New Georgia Ports Authority data shows that the port handled 1,184,387 twenty-foot equivalent container units (TEUs) in the first quarter of 2023. When we compare Georgia Ports Authority data to other busy container ports in the U.S., When we compare Georgia Ports Authority data to other busy container ports in the U.S.,
An intimate relationship exists between truckload providers and ocean import market data. Fortunately, it’s easier than ever for truckload providers to lower detention and demurrage risk with these uses of ocean import data. Improve replenishment planning with access to ocean import data. That one is the simplest of all.
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