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Navis recently unveiled the results of its newest TechValidate customer survey the state of artificial intelligence (AI) as it relates to automated decision making in the ocean cargo terminal arena
If temperatures exceed this engineered range, pavements can start to soften, rail lines can kink, and steel can expand which can lead logistics complications which can cause delays in cargo being transported. What does this look like with heavy haul and project cargo that can weigh a substantial amount?
In this blog, we’re going to dive into some of the latest trends in the food and beverage industry. TRENDS IN THE FOOD AND BEVERAGE INDUSTRY. One of the well-known trends in the food and beverage industry is the continued growth of cold chains. This makes sustainability one of the top trends in the food and beverage industry.
In July, Freightos conducted a survey of over 100 small business importers and exporters, primarily from the United States, who utilize the Freightos.com marketplace for international freight. The survey aimed to explore the impact of these changes on their operations.
Based on an annual survey of the National Retail Federation released in January 2025, American consumers are expected to spend a record $27.5 However, the growing trend of gifting flowers comes with logistical challenges for suppliers and retailers. billion on Valentines Day this year, with $2.9 billion on flowers alone.
Trinity Logistics wanted to get answers to these questions for you, so we asked a random sample of our shipper and carrier relationships to gauge the effect 2023 had on their business and what their expectations for 2024 in our first Freight Market Survey. Low rates and increasing operating costs were the main challenges facing carriers.
Editor's Note: Today's blog is from our friend Kevin Hill with Quality Scales Unlimited who shares his expertise regarding the key trends in supply chain and transportation management. . 6 Key Trends in Supply Chain. 6 Key Trends in Supply Chain. Stagnation of Air Cargo and Sea Freight Rates. Smart Technology.
Christoph Hemman, EVP Head of Airfreight Americas Region, DB Schenker said, “These trends directly impact the airfreight industry, which relies on both passenger and cargo planes to get goods from point A to point B. An IATA spokesperson said air cargo traffic was “proving resilient” despite the declines in demand reported in 2022.
For a deeper dive into the latest freight market trends, I strongly recommend Judah Levine’s weekly freight analysis, which you can register for right here. So while we learn from the things that go wrong and continue to improve, it’s nice to zoom out and appreciate how far we actually have come.
While the average rollover rate for April across all surveyed ports and carriers was 39%, individual ports that account for a significant portion of maritime cargo posted even worse results. Furthermore, rates are almost universally trending upwards, and well above the levels posted during April 2020.
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. Freightos Air Index rates from China to N.
Experts are of the view that this trend of shortages is bound to continue. However, there are opportunities for businesses that prepare for the trends and take advantage of them. Modern businesses cannot afford to delay or otherwise damage cargo for fear that they ‘ll lose precious customers to rivals.
Top Game-Changing Logistics Trends for 2024: Redefining Global Supply Chains | Image source: Flickr Understanding logistics trends is essential for business, and trend research may help organizations of all sizes predict changes, spot areas for innovation, and remain relevant in a market that is becoming more and more competitive.
Judging from FreightWaves’ new Inbound Ocean TEU Volume Index (IOTI) and the recent Transportation Air Cargo Index (AIRUSD), that is not the only company choosing to fly versus ocean shipping of goods over the Pacific. But even more importantly, the window for bookings is shrinking. Download the White Paper.
It converged with a trend of both airlines and ocean liners investing far more heavily in their fleets over the past fewyears. Exploring alternative shipping routes and modalities, including air cargo, is crucial despite the higher costs. The regression in pricing wasn’t just due to lower demand.
IAG Cargo today shared the findings from a global survey of more than 400 freight forwarders in 47 countries on perceptions of the air cargo industry this year. The report, Cargo Next, identifies the key trends and expectations of freight forwarders within the next 12 months.
C-TPAT survey gives members chance to sound off Are companies who participate in the Customs-Trade Partnership Against Terrorism really achieving tangible efficiencies by partnering with the U.S. CBP turned to the University of Virginia to help design and conduct the survey. government to secure their international supply chains?
“Air Cargo & Freight Logistics Market Overview:The report studies Air Cargo & Freight Logistics in Global market Professional Survey 2020: Industry Trends, Industry Growth, Size,… The post Impact of Covid-19 on Air Cargo & Freight Logistics Market is Expected to Grow at an active CAGR by Forecast to 2026 appeared first on 24/7 Customs (..)
It’s partly due to the great North American trade relationships between US-CAN-MEX… and partly due to recent near-shoring trends in MEX due to trade wars with China. A new survey from IBM says that’s about to change. Digitization trends are and will sweep the trucking industry by 2030.
Amazon has launched Amazon Air , its dedicated air cargo fleet, in India as the e-commerce giant bulks up its logistics infrastructure in the key overseas market where it has deployed more than $6.5 The trend is truest for ocean freight rates from North Europe to the U.S.
Logistics Trends & Insights LLC , an Atlanta, Georgia-based consultancy, is conducting its third “Evolving Freight Forwarding Survey, and invites LM readers to participate. In our 2017 survey, 92% of respondents noted that digitization brings value to forwarders,” says Roberson. By Patrick Burnson, Executive Editor ·.
While the air passenger industry has a solid tech foundation, air cargo does not. And while that’s easy for me to say as a startup, it’s echoed by industry professionals as well: I think, in general, the air cargo industry is still pretty traditional and it’s not really embracing technology. DISCOVER AIR FREIGHT SOLUTIONS.
In 2017 the downward trend of large shipping losses continued, according to a new survey, Allianz Global Corporate & Specialty's (AGCS) Safety & Shipping Review. Globally, the decline in frequency and severity of total losses over the past year continues the positive trend of the past decade. Human Error a Big Issue.
TECHNOLOGY TRENDS TO WATCH. Here are the top logistics technology trends your company should be keeping an eye on and consider implementing. Digital twins may be one of the most exciting logistics technology trends to keep an eye on. Through centralized storage plus real-time tracking removes any uncertainty for your customers.
Stay informed regardless of rate volatility with the Freightos Air Index, a real-time index of air cargo prices across region pairs, individual airports, and weight breaks. Changing Trends in BCO Air Cargo Procurement. Watch Peak Season Webinar. The Freightos Air Index. Free for a limited time only. Signup Now. Signup Now.
On the shipping side, the effects of the pandemic affected both operations and supply, but also increased the demand of cargo movement to levels which neither the shipping lines nor the ports could cope with. Due to the closure of many Chinese ports in early 2020, imports dropped by around 5.2%
A Freightos survey of 300+ companies sheds light on how importers have been navigating supply chain disruptions. Starting in July 2020, the impact of this trend became obvious when ocean freight prices shot up, and have continued rising. What’s changed in a year? When ocean container rates spike, so do the prices we pay.
We recently surveyed manufacturers, retailers, and ecommerce companies about order fulfillment and distribution. Their responses revealed several emerging trends. Trend toward multiple DCs. Trend toward multiple DCs. A major change in order fulfillment may be looming, the survey suggests. percent to 49.4
Container xChange has released a Container LogTech predictions report for 2023, which highlights important global trends that the shipping and supply chain industry will witness in 2023. Most of the experts surveyed foresee that inflation and recession will have a greater impact this year and will be the biggest driver of disruptions. ‘‘Due
INTTRA, a neutral electronic transaction platform for the ocean cargo industry, maintains that the ocean cargo industry has moved beyond the “digitization tipping point,” and is on the verge of advancing from innovation to action. Customs & Border Patrol is essential to your cargo clearing customs. April 26, 2018.
As consumer demand and manufacturing production slows in many parts of the world, cargo, either in containers or stripped from transport units, is building up in warehouses, port terminals and inland depots. Arecent survey by the International Association of Ports & Harbors (IAPH) shows a mixed picture at ports around the world. “35%
In a recent NielsenIQ survey, 91 percent of consumers indicated they are planning on celebrating US Thanksgiving this year with a majority (83 percent) either staying at home (59 percent) or local (24 percent) (within 50 miles of their home). billion in chemicals cargo a week. So, what does the 2022 Thanksgiving holiday look like?
Fleets using CNG met 70% of their fueling needs with renewable natural gas (RNG) on average in the annual State of Sustainable Fleets fleet survey. Commercial cargo vans and pickup trucks made up for 90% of all BEV deliveries in 2023, 95% of which were dominated by two manufacturers—Ford and Rivian.
According to a survey by McKinsey, 93% of supply chain executives plan to increase their investments in resilience, and 47% of them consider automation and digitization as the top priority. Rolls Royce predicts that lighter unmanned vessels will burn 15 percent less fuel.
The air cargo division of Saudi Airlines, Saudia Cargo recently announced they had signed an agreement with the global management consulting company, Gallup Inc. to develop and enhance Saudia Cargo employees by studying their employee trends and performance levels. The post Saudia Cargo Signs Agreement with Gallup Inc.
Such accumulations include cargo in containers at both transhipment and destination port terminals, as well as import consignments that have been delivered to warehouses and distribution centers (DC). A recent survey by the International Association of Ports & Harbors (IAPH) shows a mixed picture at ports around the world. “35%
said Cathy Morrow Roberson, Founder and President of Logistics Trends & Insights LLC during a webinar organised by Container xChange on the Chinese New Year analysis and predictions. Usually, we expect a cargo rush in January and February but this year, the Chinese New Year is earlier. This is where technology can help greatly.”
INTTRA, a neutral electronic transaction platform for the ocean cargo industry, maintains that the ocean cargo industry has moved beyond the “digitization tipping point,” and is on the verge of advancing from innovation to action. Customs & Border Patrol is essential to your cargo clearing customs. Compliance to U.S.
In fact, IT spend as a percent of business capex crossed over the prior ~10 year average in 2019 and we see that trend extending in early 2020.”. In a 2018 survey by GEODIS, only 6% of supply chain professionals worldwide believed their companies had achieved supply chain visibility ? And Agility Can Help Improve Profitability Too?
In their related Logistics IT Market Survey, Inbound Logistics emphasize how the current availability of cloud-based solutions enable even small- and mid-sized enterprises to afford logistics software. Shippers must taking advantage of newly available technology to track the safety and security of their cargo at every touchpoint.
Freightos, an SaaS-enabled logistics technology provider focused on instant freight quotes for freight forwarders and shippers conducted a survey recently to reveal how cumbersome logistics remains to American companies importing goods. Customs & Border Patrol is essential to your cargo clearing customs. Only 11.7%
In their related Logistics IT Market Survey, Inbound Logistics emphasize how the current availability of cloud-based solutions enable even small- and mid-sized enterprises to afford logistics software. Shippers must taking advantage of newly available technology to track the safety and security of their cargo at every touchpoint.
This approval meant that the P&I Clubs under the IGP&I umbrella will cover liabilities arising in respect of the carriage of cargo under such approved electronic trading systems in the same way as it would for a paper bill of lading. edoxOnline ; WAVE ; and. Conclusion.
Conversely, the United States saw moderate expansion in sea freight as air cargo growth faltered over the same period. On profitability performance, survey results indicate that excluding the impact of volume and rate changes, margin pressures for forwarders will intensify over the next five years. Digitize or die.
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