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As an example, World Finance reported that Bryan Trucker, Vice President of Corporate Communications at CSX, stated , “CSX became the first U.S. Intermediate cargo value. Consistent cargo volume, regularity and O/D points. . A few leading signs that cargo is better suited for truckload shipping include: Urgent hauls.
Judah Levine Optimize your logistics tendering, vendor selection, negotiations, and procurement Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 3% to $1,609/FEU. Freight news travels faster than cargo Get industry-leading insights in your inbox. kg last week.
Every inch of space available in delivery vans, trucks, semis and cargo crates is valuable. As the amount of cargo that needs to be transported increases, the room becomes more valuable. In this example, the shipping rate would be based on the DIM pricing weight of eight pounds. Request a SONAR Demo.
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.
Judah Levine December 6, 2023 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) were level at $1,620/FEU. Asia-US East Coast prices (FBX03 Weekly) were also level at $2,367/FEU.
The storm sank a cargo ship off the coast of Taiwan and grounded several others. Longer lead times mean, for example, that shippers from Asia to the US East Coast need to move their last orders now to receive them before a possible port worker strike in October. Even as volumes have increased since May, destination ports in N.
Some West Mediterranean ports , for example, are now being used as transshipment hubs for East Mediterranean-bound containers, leading to some congestion there, and terminals in Colombo, Sri Lanka are also facing some backlogs as volumes have increased there for transhipment to the Middle East. In air cargo, Freightos Air Index China to N.
Global congestion is estimated to be tying up about 7% of total capacity with the worst example currently in Singapore , where diversions have resulted in increased transhipment volumes for Middle East and Red Sea destinations or from intra-Asia containers as carriers omit other port calls to try and recover schedules.
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. Request a SONAR Demo. Request a SONAR SCI Demo.
A great way to stand out as a shipper of choice is to provide personalized shipping, loading and cargo services no one else can or will offer. The best examples of shippers of choice provide services along several trucking routes. Get started by clicking the button below to request a FreightWaves SONAR demo today.
Freightos Terminal data show, for example, that some East Asia – India rates have about quadrupled since early April. Despite a recent increase in US Customs scrutiny of e-commerce imports, air cargo volumes have remained strong. Air cargo rates out of S. America and $4.33/kg kg to Europe.
SONAR’s Ocean Shipments Report and Ocean TEUs indices show subscribers how much cargo is shipping to and from the United States. SONAR subscribers can search for specific ports and specific carriers to see when and who is moving this cargo. For example, if a subscriber is looking at ocean TEU volumes from China to the U.S.
Höegh specializes in rolling cargo and some non-rolling cargo that we carry with roll-trailers. “So One of our largest customers, for example, is Nissan. From the moment we saw it demoed we felt – that’s what we want, that’s where we want to go. We did 9 demos yesterday. So we are like big sailing garages”.
Air cargo channels can more easily see peak times for travel, fees, delays and other key factors. Request a FreightWaves SONAR demo to get started, or click the button below. Ocean freight managers will be able to easily calculate expenses vs profits to secure the best loads. . That’s what SONAR offers.
Aimee Loshinsky January 25, 2024 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo In Freightos Q4 2023 KPI press release , we announced that the company surpassed one million bookings across the platform in 2023. Freight is digitizing itself now at real scale.
For example, the Freightos Baltic Index indicates a 69% increase to North America’s East Coast and a staggering 226% to Northern Europe since the crisis began. Exploring alternative shipping routes and modalities, including air cargo, is crucial despite the higher costs.
Overwhelming Capacity Demand And Port Congestion Increase Cargo Dwell Times. Increased dwell times would mean slower freight movement, robbing shippers of the chance to offload their cargo and ship new cargo. Take an example of a customer ordering home furniture online. Want a free BlueShip Demo?
As an example, rolled cargo could result in additional delays that add to a higher detention and demurrage risk for freight brokers and truckload providers. Learn more about how your organization can do the same by requesting a SONAR demo via the button below. Request a SONAR Demo.
Maximizing truck utilization and cargo space is another core benefit of using technology to manage asset allocation. For example, avoiding trips to areas with ample capacity might seem odd. Request a SONAR Demo. It improves asset and capacity utilization and revenue per driver per week.
Transportation Management Workflow may be defined as a supply chain workflow that connects and links the various parties involved along the chain from, for example, the seller’s warehouse to the buyer’s warehouse. To see a demo and speak to one of our BlueShip experts, fill out the form below or call us at 800.MY.SHIPPING.
Understanding emissions data allows optimal planning and strategies for shipment execution, which in turn provides solutions to wasted cargo space and provides the most efficient transportation mode for the job. For example, the ability to identify which lanes have a higher emission risk or lanes with a reduced emissions risk.
One speaker – Megan Kelley of Crane Logistics – for example, shared that Crane aims to have their partners use the standards they’ve developed in-house. And so, in the meantime, the diversity of individual “standards” grows, possibly representing another barrier to eventual industry-wide standards adoption.
With such disruptions in the cargo-industry, it is difficult to identify the manpower required for a carrier to operate effectively. Due to this, they seek employment that has opportunity for growth within the organization, such as promotions to an office job, for example. Want a free BlueShip Demo? Request a BlueShip Demo.
Transportation failures can be the effect of some of the other disruptions listed here, but they also qualify as their own supply chain disruption with cargo theft, shipping damage, even changing regulations. For example, an inventory optimization tool will allow you to analyze what you have in stock and on order.
Cargo Owners Complain of ‘Total Mess’ Shipping Goods to Asia (WSJ – sub. Automated Truck Firm Raises $60 Million (WSJ – sub. Turnpike travelers will see semi-autonomous trucks on the road this year (Cleveland.com). These Giant Drones Could Seriously Disrupt the Shipping Industry (NBC News).
For example, as seen in scenario A1, the global unconstrained demand for air cargo will fall by 14% of pre-crisis volumes in the second quarter of 2020 and will not rebound to 2019 levels until around mid-2022.” When planning for the future, industry players should thus use insights from commodity-based modeling.
For example, he can adjust orders based on current demand signals. Request a demo and see how Neo can help your business achieve new levels of service and efficiency. Customs & Border Patrol is essential to your cargo clearing customs. Neo finds and fixes. He fixes them by modifying or creating transactions as necessary.
A secondary checklist, for example, takes just two minutes. Try one small thing, as a demo, and have a local dealer manage it for you. Customs & Border Patrol is essential to your cargo clearing customs. But across all operators throughout a year, that’s lots of money. One step at a time. Take it in small chunks.
Judah Levine November 21, 2023 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) decreased 8% to $1,573/FEU. In air cargo, Freightos Air Index data show China – N.
Is this another example of us going after the “next new shiny thing” versus investing to improve what we currently have? Last September, for example, Trucker Tools launched its Smart Capacity freight matching platform. The bigger question for me is, do we really need it?
For example, goods from the below countries some of the major China alternatives will meet accelerated tariffs: Vietnam: 46% India: 27% Bangladesh: 37% Cambodia: 49% Canada, Mexico and Automotive This weeks order excludes Canada and Mexico from global or reciprocal tariffs. If things do play out this way, the freight market will suffer too.
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