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In April 2024, we asked members of our Indago supply chain research community — who are all supply chain and logistics executives from manufacturing, retail, and distribution companies — if they had experienced cargo theft or other types of freight fraud in the past year. Almost half said they had experienced theft or fraud, and.
a wireless IoT company that provides solutions to the industrial, logistics and vehicle markets. Their two-way refrigerated solution integrates into Thermo King and Carrier , and their suite of tracking devices include wireless sensors, photographic cargo imaging, and environmental status. Lean Solutions Group. PowerFleet.
David Bell has been a leader in the transportation industry for over 25 years, beginning his industry career in 1993. In 2001, Mr. Bell joined Cargo Transportation Services, Inc., where he served as CEO until 2011 when Cargo was bought by Smith Transportation Services, Inc. About Lean Solutions Group .
As third-generation CEO of Tucker Company Worldwide, Jeff oversees sales, marketing, and the company’s industry presence. He is on the board of directors for the National Industrial Transportation League and chairs its Highway Transportation Committee. About Jeff Tucker. Breakbulk Americas will be held September 27-29 at the George R.
In April 2024, we asked members of our Indago supply chain research community — who are all supply chain and logistics executives from manufacturing, retail, and distribution companies — if they had experienced cargo theft or other types of freight fraud in the past year. Almost half said they had experienced theft or fraud in.
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
In our digital era, cyber threats like ransomware from organized, state-sponsored groups pose significant risks to global supply chains. The rise of cargo theft through cybersecurity loopholes demands robust countermeasures like two-factor authentication and restricted access controls.
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.
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.
He is a globally experienced leader in the maritime industry with extensive operational experience and a proven track record of growing businesses and creating long-term value for customers and stakeholders. Previous industry experience includes president and CEO of Port America Group and president and CEO of P&O Ports North America.
Though ocean volumes are past their peak for the year, the typical Q4 air cargo peak season should heat up soon. Freight news travels faster than cargo Get industry-leading insights in your inbox. Freightos Air index data shows Middle East – N. America rates have increased 35% since mid-September to $3.17/kg,
Impact on Cargo Operations The supply chain disruptions at Rolls-Royce are not only affecting passenger flights but are also having a notable impact on cargo operations. The limitations have forced cargo operators to reconfigure routing and adjust freight schedules to minimize disruptions to supply chains reliant on timely delivery.
From the time the first case of COVID-19 was announced in South Africa on the 5th of March 2020, there have been several changes in the regulations governing the movement of commercial cargo in SA via the ports. Cargo Ports & Terminals. Bulk & Breakbulk Cargo Terminals (all terminals are working with reduced labour force).
With the development of the digital wave, Robotic Process Automation (RPA) technology has gradually emerged as an important tool in the international logistics industry. Dora Zhu is a Senior Research Analyst at ARC Advisory Group China.
As long as Red Sea diversions continue to absorb capacity on an industry level, prices may not fall much further than seen back in April. In air cargo, Freightos Air Index data shows that transpacific air cargo rates that had jumped to $7.07/kg Freight news travels faster than cargo Get industry-leading insights in your inbox.
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?
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.
Blockchain in Action: Technical Implementations and Architectures Food Supply Chains: Cryptographic Provenance & Interoperability Several major food industry players, including Nestl, Walmart, and Carrefour, are adopting IBM Food Trust, a blockchain-based platform built on Hyperledger Fabric to improve traceability and food safety.
As part of its continued growth strategy, MPLS will acquire 100% of Transport Overseas Group GmbH from the start of 2025, including the locations in Belgium, Spain, Poland and the United Arab Emirates. Christian Weber, Managing Director of the TO Group, will complete the MPLS management duo alongside Steffen Klatte.
As my colleague Colin Masson pointed out – Colin is ARC Advisory Groups expert on industrial use cases for AI – at ARCs Industry Leadership Forum in 2024, end users were largely observers who were eager to learn about things like Gen AI, agents, and industrial use cases for using AI.
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PROTECT Group. These bodies have called on regulatory bodies and the broader shipping, logistics, trade and supply chain industry to realise, acknowledge and recognise the benefits of using digital technologies in various ports around the world. have launched a call to action to achieve several objectives on priority.
But prices will remain above normal as long as the Red Sea threat persists, and Houthi attacks continued this week, with the group again threatening to expand their range. In air cargo, Red Sea-driven disruptions to ocean freight are still pushing some volumes to the air out of India, though demand is easing somewhat. America and N.
Cathay has announced the launch of Cathay Cargo, a rebrand of its cargo business, and a change of name from Cathay Pacific Cargo. Shipping directly to more than 70 destinations worldwide, Cathay Cargo is committed to advancing the development of all destination countries served by Cathay’s more than 200 aircraft.
Alongside the ongoing, Iran-sponsored, attacks on Red Sea traffic, this event poses yet another potential challenge to the container industry. 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.
Sarah cares a great deal about the industry, especially about solving the challenges that drivers face every day on the road. Allen explained that Envase seeks to impact the industry by looking at drivers’ tasks and finding ways to make those tasks easier. Envase Mobile Driver App allows drivers to get more done daily.
The Industrial Relations Board ordered operations to resume in Vancouver, Prince Rupert and Montreal, and sent operators and port worker unions to binding arbitration, with ports reopening late last week. In air cargo, Middle East – N. Freight news travels faster than cargo Get industry-leading insights in your inbox.
is pleased to announce that, in accordance with the share transfer agreement concluded on May 12, 2023 with cargo-partner Group Holding AG and its subsidiaries Multi Transport und Logistik Holding AG, Safer Overseas Transport Holding GmbH, cargo-partner GND GmbH, and CARGO-PARTNER US HOLDINGS INC.
That is a huge success story for the air cargoindustry and as promised it has brought significant efficiencies. Speed and Urgency : Air cargo is used for faster shipping options, and the need for rapid communication and tracking is more critical in this industry. Increasingly I think it’s an ultramarathon.
Cargo First , Bournemouth Airport’s dedicated cargo handling service, has strengthened its fast-track ‘One Team’ operation by bringing its on-site customs bonded warehouse facilities fully in-house. It now has full control over the whole cargo process, from offloading aircraft through to processing, onward loading and delivery.
Where is the air cargo market headed? David Priestman met Mr Lim Ching Kiat, Managing Director for Air Hub Development at Singapore’s Changi Airport Group (CAG), at the World Air Cargo Forum in Miami to gain a perspective. Total air cargo throughput has recovered to near pre-pandemic levels, 2m tonnes p.a.
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. Shipping Business = the act of carriage of cargo from point A to point using the ships which falls under the Maritime industry.
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 America and $3.60/kg
A recent Freightos Group survey of more than fifty logistics professionals found that since early May, nearly 70% of BCOs and forwarders with long term ocean contracts have had containers rolled or pushed to the spot market, or are facing contract renegotiations with carriers to increase their long term rate levels.
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.
Freight news travels faster than cargo Get industry-leading insights in your inbox. Subscribe Now Judah Levine Head of Research, Freightos Group Judah is an experienced market research manager, using data-driven analytics to deliver market-based insights.
The local ILWU port worker union chapter in Vancouver had announced a Monday strike as part of an ongoing dispute with port operators there, but Canada’s Industrial Relations Board ruled that the strike was illegal. Best, Judah Levine, Head of Research Freight news travels faster than cargo Get industry-leading insights in your inbox.
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. Freightos Air Index rates out of China dipped slightly last week to $5.43/kg America and $4.08/kg
In air cargo, volumes out of China were strong in late March driven by B2C eCommerce growth, though Freightos Air Index China export rates dipped somewhat to $4.23/kg Freight news travels faster than cargo Get industry-leading insights in your inbox. America and $3.31/kg kg to Europe this week. kg to Europe for a 129% increase.
The storm sank a cargo ship off the coast of Taiwan and grounded several others. Freight news travels faster than cargo Get industry-leading insights in your inbox. Prices out of S. Asia dipped 8% to N.
In air cargo, Freightos Air Index China to N. Red Sea-driven congestion and decreases in ocean capacity out of India have pushed air cargo demand up and export rates to twice as high as at the beginning of the year. Freight news travels faster than cargo Get industry-leading insights in your inbox. America and $3.85/kg
Cross-border e-commerce volumes continue to be a major driver of air cargo demand, and the industry is continuing to adjust to this new reality. Freight news travels faster than cargo Get industry-leading insights in your inbox. Freightos Air Index benchmark rates out of China were $5.12/kg America last week and $3.61/kg
But the discussion quickly turned to exploring why – given the marked shift to eBookings in air cargo – does the prevalence of eBookings in ocean logistics still lag so far behind? Ultimately, the panelists were in agreement that, as in air cargo, the availability of eBooking is not likely to eliminate the role of freight forwarders.
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