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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. About Breakbulk Americas.
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
The food and beverage industry has faced significant challenges and growth over the past couple of years. After yet another unpredictable and unstable year, many hope 2022 will bring more stability back to the industry. In this blog, we’re going to dive into some of the latest trends in the food and beverage industry.
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. All these areas can cut both time and labor costs.
Here are five trends that all shippers should be keeping an eye on as they plan their ocean freight movement in 2021: The container shortage is still in full force, but it may be easing somewhat. An index of 0.5 describes a balanced market, below 0.5 a shortage of containers,” Container xChange told Maritime Executive.
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.
Steve’s passion for strategic partnerships, tech innovation, last-mile delivery, ecommerce, and customer experience sets him apart in the industry. The platform boasts a network of over 22,000 vetted drivers who own and operate their own vehicles, utilizing their time and excess cargo capacity to earn extra income.
In my presentation, I highlighted five key transportation trends that are changing supply chains from a technology standpoint. The first of the transportation trends is the network effect is at the heart of supply chain transformation. The second of the transportation trends is innovation in TMS. The Network Effect.
We filed the police report and filed the claim with the insurance company, but the cargo was never recovered. According to a new report by Overhaul, a supply chain risk management company, cargo theft has increased 49% in the first half of 2024. It accounts for 36% of all cargo thefts in the country.
Consolidation in the global container shipping industry in recent years has been the key factor behind improved supply discipline. Ocean cargo carrier financial performance has been improving as a result.
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.
Rob O’Byrne makes an early start with his round-up of supply chain and logistics trends that might make industry headlines in the coming year. His observations include trends in first and last-mile logistics, and the increase in SMEs entering global markets. 2020 Supply Chain and Logistics Trends: What’s Around the Corner?
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.
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.
Vanderlande, a supplier of logistic process automation for the warehousing, airports and parcel sectors, has signed an agreement to acquire Siemens Logistics – a provider of value-added baggage and cargo handling as well as transformational digital solutions for the airport operation of the future – from the company’s current owner Siemens.
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.
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. Below are some trends to watch in maritime shipping as of this year.
Postal Service reversing its package ban from China to LGs big robotics acquisition, companies are adapting to new regulations and automation trends. Their collaboration aims to ensure a stable supply of clean hydrogen for industrial customers, advancing decarbonization efforts in Germany and beyond. From the U.S.
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.
Shipping executives and industry leaders alike already know the importance of reducing emissions in the shipping industry and the need for green initiatives, as they look to protect the environment and meet customer demand for cleaner shipping. That trend will continue throughout the year.
Keeping perishable goods freshfrom farm to fork or lab to patienthinges on a well-oiled temperature-controlled logistics system, making it a lifeline for industries like food, beverages, and pharmaceuticals. maintaining the integrity of temperature-sensitive cargo is critical.
Less-than-truckload shipping, also known as LTL shipping, is nothing new within the transportation and shipping industry, but it has become more of a game-changer in recent years with freight rate prediction. Every inch of space available in delivery vans, trucks, semis and cargo crates is valuable. Download the White Paper.
So, I decided to not write about all the issues with the supply chain, but rather where those issues will take us as an industry from the corporate to individual level. So, how will the shipping industry look in 2-3 years from now? The trend of digitalization is something I support 100%, but the question is to what extent.
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. In Antwerp, just in February, export truck gates got restricted, and the terminal temporarily stopped newly additional import and transshipment cargo.
Maersk, the shipping giant, is launching a new cargo airline to try and better meet customers needs. Maersk Air Cargo is leading a new frontier in logistics where ocean carriers are involved in air cargo, too. Maersk Air Cargo is leading a new frontier in logistics where ocean carriers are involved in air cargo, too.
Long gone are the days when you order from China and receive the cargo in a Long Beach warehouse in 3 weeks or so. With increased profits, they will continue to be center of attention not only from within the industry but from general public and this may have greater pressure on the decisions they will be making moving forward.
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.
Postal Service reversing its package ban from China to LGs big robotics acquisition, companies are adapting to new regulations and automation trends. Their collaboration aims to ensure a stable supply of clean hydrogen for industrial customers, advancing decarbonization efforts in Germany and beyond. From the U.S.
As we approach the conclusion of 2023, the maritime shipping industry faces challenges that have impacted ocean carriers with declined profits and increased price-driven competition. Despite this, beneficial cargo owners (BCOs) who consistently shipped throughout economic fluctuations have found solace in the lowest rates witnessed in years.
Making the most out of today’s challenging supply chain trends requires a deep understanding of the market and timely information that helps you achieve a competitive advantage. Q1 2022 Supply Chain Trends and Hot Topics. In our first Market Insights Live! Thanks again to everyone who attended live and those who asked questions.
The industry was in recovery mode, with more capacity slowly coming online as the passenger airlines added more flights and resumed more “normal” operations. Now, with the first half of 2022 behind us, there are some clear air freight trends that are impacting shippers as we move into the second half of the year. Measuring the Impacts.
Cargo owners, carriers, and forwarders are now considering the possibility that things will get worse when the floodgates open, and as the economy picks up with more retailers open and more people vaccinated, we may perhaps experience a much more ruthless version of today’s congestion, space and equipment issues.
Join us as we embark on a journey through the vast seas of trends, opinions, and innovations that shape the shipping industry today. Art Chrapko VP, Head of Ocean Services USA, DB Schenker _ Cargo Ship Safety: Lessons from the Fremantle Highway Incident You won’t believe what happened off the coast of the Netherlands!
What this means for importers on the Gulf Coast and East Coast is if their cargo has a cargo weight of 8 tons or more, they will have a hard time booking space during this period. The post The Effects of Climate Change on the Shipping Industry appeared first on More Than Shipping.
becomes a more cost-effective solution, companies will continue to import cargo from various places worldwide. This statement holds true for large project cargo. A prime example is that cargo ships have drastically increased in size over the last 50 years to handle the growing need for consumer goods. economy.
As we have seen, in the last 5 odd years, the global shipping and maritime industry has gone through several disruptions both natural and otherwise. Pandemics, canal blockages, droughts restricting transit, attacks on cargo ships, bad weather, ship fires, and containers falling off ships.
The shipping industry has been impacted both directly and indirectly. Even though the pandemic is not over, we can see how the industry is recovering up to a certain extent. The global ocean shipping industry is facing numerous challenges, such as an increase in freight rates, a general equipment shortage, and congestion in ports.
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. kg last week.
In order to meet demand and provide great customer service, transport companies must consider historic industrytrends and analyze the new economic landscape as a result of the global pandemic. In past holiday seasons, ships brimming with cargo […]
Prices are falling, vessel and trucking availability is increasing, terminals are getting in much better shape globally, and many companies are looking for cargo to move. What will these developments mean for employment in the supply chain and logistics industry? As of October, inflation figures are 9.9% in the European area, 8.2%
Such activity demonstrates that centralized freight forwarding is essential to managing the growing complexity of these forwarders, and consolidation of forwarding services can help solve the top challenges facing the freight forwarding industry and shift toward automation in logistics , including the following. A Talent Shortage.
This fresh visual identity aligns with the company’s commitment to staying innovative and relevant in the ever-evolving logistics industry. The update also aims to reinforce Consafe’s position as a forward-thinking partner in the supply chain industry, ready to address future challenges and opportunities.
According to Logistics Management , soaring inflation, tightening cargo capacity, and a shrinking labor market only add up to one thing for today’s global logistics managers: the triple whammy. Indeed, industry analysts advise logistics managers to expect a steady escalation of rates and expenses,” Patrick Burnson writes.
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