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Beyond the Data with William Sandoval. William Sandoval and Joe Lynch discuss beyond the data. a wireless IoT company that provides solutions to the industrial, logistics and vehicle markets. Key Takeaways: Beyond the Data. Companies like PowerFleet are moving beyond tracking to data collection and data analytics.
Kyle is Co-founder and CEO of Vizion , a groundbreaking technology company revolutionizing container tracking in the logistics industry. About Kyle Henderson Kyle Henderson is Co-founder and CEO of Vizion, a groundbreaking technology company revolutionizing container tracking in the logistics industry.
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. Those most impacted are industries that require strict timing, including automotive and electronics. Port congestion has major effects on ocean freight.
A seasoned leader with over 30 years of experience, David began his career in the transportation industry in 1995, rapidly progressing to leadership roles. As CEO of Smith-Cargo Transportation, he orchestrated a successful exit and sale to a private equity firm. Built by seasoned industry experts, CloneOps.ai
With extensive connectivity across multi-tier supplier networks, stringent authentication, encryption, and zero-trust models are crucial for secure data sharing and mitigating vulnerabilities. The rise of cargo theft through cybersecurity loopholes demands robust countermeasures like two-factor authentication and restricted access controls.
The platform boasts a network of over 15,000 vetted drivers who own and operate their own vehicles, utilizing their time and excess cargo capacity to earn extra income. FRAYT has a network of over 15,000 vetted drivers who own and operate their own vehicles, utilizing their time and excess cargo capacity to earn extra income.
With two more major shipping leaders actively sharing information, data on nearly half of the world’s ocean container cargo is now available on a single blockchain-based data platform. An industry-wide collaboration like this is truly unprecedented. Moller – Maersk ( MAERSKb.CO ).
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.
The logistics industry is taking on a different shape and approach every day. The change is constant, and changes in the logistics industry come from multiple directions. The logistics industry controls and contributes to the economy of any country as they bring in foreign currency.
Cargo theft is on the rise, and cyberattacks as a tactic are becoming more prevalent. Industry experts offer insights on how carriers can protect their data.
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.
They differentiate themselves by utilizing their innovative tech and methodologies to service businesses across all industries in need of cost-effective and efficient same-day delivery. Every MetroSpeedy customer gets a customized dashboard with full visibility, live updates and AI-driven data to ensure operational ease of mind.
He began his career in the South African Air Force and later spent more than a decade with the International Air Transport Association (IATA), where he held various leadership positions in South Africa, Spain, and the United States, including President of Cargo Network Services Corp., cargo subsidiary. cargo subsidiary.
More Resources Home Innovative Synergies: Logistics Tech Lessons from Other Industries Judah Levine May 23, 2024 Though the logistics and supply chain industry has made and continues to make a lot of progress in its digital transformation, it has a reputation for being part of the late majority or even a laggard in terms of digitalization.
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. Other industries have leveraged this digital shift.
This article quotes Carl Bentzel, an FMC commissioner, who says that there is increased concentration of the ocean shipping business, from no carrier having more than 4%, to around 10 carriers, half of whom have 12-20% each. Many supply chain … Continue reading →
Hapag-Lloyd has released plans to utilize the newly developed Container Payment Portal (CPP) to accelerate cargo movement for customers and supporting terminal operators. It ensures secure, efficient, and transparent transactions, helpingHapag Lloyd’s terminal partners and customers improve cargo flow across U.S.
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.
With the development of the digital wave, Robotic Process Automation (RPA) technology has gradually emerged as an important tool in the international logistics industry. Booking Processing : RPA can automatically scan and digitize booking documents in various formats and then automatically enter the data.
Industries such as automotive, electronics, and retail are particularly vulnerable. 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.
More Resources Home Ahead of the Curve: How Digitalization Helped Air Cargo Amidst Red Sea Shipping Diversions Joyce Tai April 2, 2024 If there’s one lingering lesson from the supply chain crisis of COVID, it’s that digitization can help organizations navigate crises…but that digitization can’t be put in place DURING that same crisis.
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 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 weekly prices fell 1% to $3.80/kg. kg last week.
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. Airports, carriers, ground handlers, and logistics companies all have varying degrees of air cargo technology infrastructure.
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.
Companies find it difficult to fully trust the data from suppliers, complicating efforts to ensure product authenticity, safety, and ethical sourcing. April 2021, global leaders in the luxury industry formed the Aura Blockchain Consortium, an initiative aimed at promoting the adoption of blockchain solutions worldwide for the luxury industry.
Determining the current state of shipping industry news is similar to looking into a Magic 8 Ball – when you shake it and the water settles, the message says, “Future Remains Uncertain.” Shipping Industry News: The Good. The good news is that the shipping industry is doing better than expected.
Within the project cargo sector, there is a growing trend in infrastructure development investments that are driving the demand for project cargo services. These investments include industrial projects in power plants, refineries, and manufacturing facilities. This has been seen with AI, robotics, and specialized software.
Industry experts were hoping to see a late-2023 surge in air cargo demand. According to Air Cargo News , however, that doesn’t appear to be happening. Data shows that demand for air cargo only rose 2% in October as compared to September: a lower increase than many had hoped to see.
10 Reasons the Retail Industry Should Invest in a Last-Mile Delivery Solution. Original Article: 10 Reasons the Retail Industry Should Invest in a Last-Mile Delivery Solution. Every industry has dealt with the fallout or repercussions caused by COVID-19 -related disruptions to the supply chain.
Data shows equipment shortages, slow container circulation, and congestion-related backlogs in Asia and North America ports could perhaps last much longer than most assume. When we look at import volumes in 2020 through February, total U.S. imports from Asia rose 17.5 percent to just shy of 12.6 percent year-over-year jump in February.
The freight forwarding and project cargo sectors, always at the heart of global commerce, are adapting and evolving. Drawing from industry insights and the pulse of current trends, let’s explore the intricate tapestry of what the remainder of the year and beyond might unfold. But how does this translate to freight forwarding?
The alarming rise in cargo theft across the United States is becoming a significant concern for businesses, logistics providers, and consumers alike. As prices rise and certain goods become scarce, the value of stolen cargo on the black market increases. Remote monitoring systems offer eyes on the cargo even when physically distant.
This move aligns with LGs strategy to expand its presence in the robotics sector, particularly in industrial automation, where its Production Engineering Research Institute is driving growth through AI and digital transformation. This approach helps companies meet regulatory requirements and address consumer demands for transparency.
A lot can happen throughout the year, but I have listed our biggest predictions for ocean shipping and the broader shipping industry in 2023 below. Due to the lack of cargo during and after the Chinese New Year, ocean rates will be at their lowest levels since March 2020. Lower freight rates. Transpacific 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.
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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?
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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.
This move aligns with LGs strategy to expand its presence in the robotics sector, particularly in industrial automation, where its Production Engineering Research Institute is driving growth through AI and digital transformation. This approach helps companies meet regulatory requirements and address consumer demands for transparency.
As the world continues to evolve, so too does the maritime shipping industry. As the maritime industry faces increasing pressure to reduce its environmental impact, technology is playing a pivotal role in shaping its future. Smart ports use sensors, AI, and the Internet of Things (IoT) to monitor cargo and improve the flow of goods.
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. America weekly prices increased 69% to $6.17/kg
At the event, Samsara also announced a strategic partnership update with ACSS, further emphasising its commitment to driving technology innovation across the industry. Go Beyond, taking place on 12 November in London gathers 250+ innovators across the physical operations industry, including Otto Car, Lanes Group, Fraikin, and more.
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