Freightos

FEBRUARY 27, 2017

By Noam Fraenkel, VP Data and Analytics, Freightos. Today, Freightos is giving away statistical analysis of some 300 million international freight market data points, launching the Freightos International Freight Index (FIFI). As the VP of Data and Analytics at Freightos, I find freight data incredibly exciting.

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Freightos

OCTOBER 26, 2020

The shift to full end-to-end integration, of course, leaves no one else in the middle. The first is size , of course, with Maersk running over 17% of global ocean capacity , but also selling land-services to just under 20% of those same customers. A Maersk ocean liner generates some 2 GB a of data per day.

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Logistics Viewpoints

JULY 14, 2023

Over the course of the two-day shopping event, Prime members purchased more than 375 million items worldwide. The Bureau of Labor Statistics data shows injury and illness rates for these establishments are higher than in private industry overall and, in some sectors, more than twice the rate of private industry.

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Shipping and Freight Resource

MARCH 5, 2020

However there are still several incidents of such cargo misdeclaration including hazardous goods which have caused several maritime disasters. As a result, TT Club commissioned Exis Technologies to develop e-learning training courses for the transport industry; CTUpack e-learning ?. www.ttclub.com.

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Now, That's Logistics

FEBRUARY 4, 2021

When it comes to the exchange of information, it is of course problematic.”. In an industry where the mismatch between ship capacity and available cargo is a common pain point, Maritime Executive says technology can help solve that problem while also improving freight utilization. with even further complicating the shipping process.

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MTS Logistics

DECEMBER 7, 2022

But trade data shows an 11% decline in Asian imports to the U.S. Xeneta data shows that 85% of their customers plan to decrease ocean freight spending in 2023, lending credence to the claims cargo volumes from Asia will continue to fall. in October, year over year, further compounding declines observed in September. The Outlook.

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Blue Grace Logistics

AUGUST 12, 2021

How technology can help companies get ETAs based on real-time data. On the other hand, in maritime transport, the weather and route must be taken into account. Today, many companies have already launched AI tools to improve the prediction of maritime and land transport operations. The importance of working with accurate ETAs.

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ShipLilly

DECEMBER 9, 2019

Currently, the Clean Cargo initiative put forth by the Business for Social Responsibility organization is providing data that measures and reports environmental performance for ocean carriers, specifically reporting CO2 emissions. The data offered by clean cargo now allows ports, carriers, four-wheelers, and shippers to work together.

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Logistics Viewpoints

AUGUST 11, 2023

It’s taking semiconductor firms more than twice as long as their peers in other industries to hire personnel such as technicians or mechanical engineers, with the typical process stretching to about three months, according to an analysis of the top 50 chip producers in the US by Revelio Labs, a labor-market data analyst. FedEx, the U.S.

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Shipping and Freight Resource

MARCH 17, 2020

TechTarget defines cyber security as “the body of technologies, practices, and processes designed to protect computers, programs, networks and data from damage, attacks or unauthorized access. This of course should be in continuous operation and must be constantly evaluated through effective feedback mechanisms.

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MTS Logistics

JUNE 17, 2022

Oil has followed a fluctuating course before the U.S. demand in data supplied by the Energy Information Administration, was about 900,000 barrels per day less than the first week of June in 2019, but it’s the second highest level ever. per gallon over the last 1.5 Federal Reserve’s interest rate decision. where car usage is high.

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Logistics Viewpoints

JANUARY 28, 2022

He changed the course of the 2013 playoffs with his game-tying grand slam against the Tigers that sent Tori Hunter tumbling over the right field wall and into the Red Sox bullpen. He was the hero of the curse-reversing 2004 team that came back from a 3-0 deficit to the Yankees in the ALCS with a walk-off homer and another walk-off single.

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Logistics Bureau

NOVEMBER 1, 2021

Of course, it’s all very well to focus on increased forecast accuracy, but the opportunities of this approach are finite. That means sharing your volume data with them and avoiding the exploitative practices of phantom bookings and overbooking. Other Steps to Minimise Container Freight Costs. There are a few steps you can take.

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Logistics Business Magazine

SEPTEMBER 24, 2024

And of course, this can only be done on the basis of the right data and insights. Lack of data and insights Being able to measure Scope 3 CO2 emissions is a challenge. Lack of data and insights Being able to measure Scope 3 CO2 emissions is a challenge. In most organisations, this should be well on the corporate agenda.

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Talking Logistics

APRIL 26, 2018

Poor data quality can lead to these costly fees with damaging ramifications. Of course, just a few weeks ago the Federal Maritime Commission (FMC) launched an investigation into potentially unfair demurrage and detention charges that are being levied against cargo owners, often for events beyond their control.

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MTS Logistics

DECEMBER 3, 2021

These costs are, of course, passed along to shippers through bunker adjustment factors (BAFs). Finally, many recent studies show how quickly freight rates may normalize using historical data. Based on the data, the normal rate level is at -69% from the current rate levels.

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Logistics Business Magazine

JULY 28, 2022

Without having an overview of the location and status of inventory, or the ability to forecast customer demand to prepare for a surge in sales, businesses could not react quickly enough and plan the right course of action. Additionally, products were stranded at sea on cargo ships due to maritime mobility issues. In the U.S.,

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Freightos

MARCH 23, 2023

This year’s recent TPM – the annual transpacific maritime conference hosted by the Journal of Commerce in Long Beach, CA at the end of February – was a combination of post-pandemic debrief, projections for the rest of the year and beyond, and lessons learned. And the way to avoid surprises is through better data and better data sharing.

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MTS Logistics

APRIL 11, 2019

Another application ready to hit the market is another matching app that has been referred to as the “shipping Tinder” It will use algorithms to match users with “real-time and precise communication centered around business opportunities related to maritime and transportation.”

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MTS Logistics

MAY 22, 2023

Current data shows that other players, such as Taiwan and Korea, will be stable for the rest of the year, since they are facing the same issues that China faces including high export freight rates. The best course of action in the polymer market is to wait and see what will happen, with a strong emphasis on global conditions.

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Logistics Business Magazine

DECEMBER 1, 2022

Fixing global supply chains requires trust and transparency; digital technologies and platforms deliver this through the ability and opportunity to share real-time data. The tools we develop are important to leverage digital technology and the solutions are of course what we are aiming to find.

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GoShip Blog

DECEMBER 22, 2022

A more recent regulation, issued by the International Maritime Organization in 2020, caps the greenhouse emissions of freight ships at 0.5%–2% Of course, this price increase will result in costlier logistics services, which could lead to a spike in operational expenses. 2% lower than its former level of 3.5%.

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Logistics Business Magazine

JANUARY 18, 2024

days) tracking below global averages over the course of 2023. Fraser Robinson, CEO of Beacon , commented: “It is great to look back at the data we have collected over 2023 and interesting to see some trends beginning to emerge. SE Asia outperformed China for much of the year with congestion times averaging 1.2

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Logistics Business Magazine

SEPTEMBER 23, 2021

The agreement with Synergy Group marks the next big step on our strategic course, offering both the technical and commercial businesses optimum conditions in which to thrive. More vessels mean access to more data, which Synergy Group will use to optimise vessel performance and reduce the environmental impact of shipping.

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Logistics Business Magazine

JANUARY 15, 2021

This is just one thing that piles on additional pressure on supply chains as parcels need to be returned to customers so the required data can be provided. “Of Of course, not everything is going to be plain sailing from the outset and it’s going to take time to get used to the new norm. 1] [link].

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Shipchain

JUNE 27, 2019

I’d love for it to be sooner rather than later of course, but I can’t make any guarantees quite yet. Additionally, we expect to have some new partnerships that add value to the network and data quality itself that we can announce very soon. PARTNERSHIPS: In regards to current and past partnerships, when will the heavy NDAs be lifted?

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Logistics Business Magazine

JUNE 12, 2023

One of these is the option to select a different depot for the return of empty containers in the course of the release process. The container information service will centrally display the current loading and delivery data as well as the most important status information about the progress of the corresponding customs processes.

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WorkWave

AUGUST 31, 2021

Of course, those who may not possess all of these skills can easily learn them over time. The Transportation Worker Identification Card (TWIC) is “required by the Maritime Transportation Security Act for workers who need access to secure areas of the nation’s maritime facilities and vessels.” Choosing a Truck Driving School.

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Logistics Bureau

JANUARY 6, 2025

Other Steps to Minimise Container Freight Costs Of course, its all very well to focus on increased forecast accuracy, but the opportunities of this approach are finite. That means sharing your volume data with them and avoiding the exploitative practices of phantom bookings and overbooking.

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247 Customs Broker

OCTOBER 9, 2018

Even with a new round of tariffs having recently gone into effect, United States-bound imports are pegged to stay at what are being described as record-high levels, according to data in the new edition of the Port Tracker report, which was issued today by the National Retail Federation (NRF) and maritime consultancy Hackett Associates.

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247 Customs Broker

SEPTEMBER 25, 2018

As SCDigest has reported several times, in April there were new rules coming out of the International Maritime Organization (IMO) that will require cargo ships to either use new very low sulfur fuels or install very expensive scrubbers at the tune of multiple millions of dollars each. What do you say? . .

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247 Customs Broker

FEBRUARY 6, 2019

Global maritime commerce gathered momentum two years ago and raised sentiment in the shipping industry,” says Frida Youssef , UNCTAD’s trade analyst. There’s little doubt that trade wars in these arenas could reshape global maritime trade patterns and dampen UNCTAD’s cautiously optimistic forecast. Balancing act.

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MTS Logistics

OCTOBER 25, 2024

The Wall Street Journal first broke the news , writing that the data was provided to the Houthis by Moscow earlier in 2024, as larger-scale attacks involving missiles and drones were underway. How was targeting data provided to target commercial ships? and broader Western) economy.

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247 Customs Broker

SEPTEMBER 24, 2018

“But because the charge is per box, the greater number of revenue-earning boxes sailing west will collectively pay far more than they need to in order to compensate for the same boxes returning east when empty.” The new International Maritime Organization low-sulphur regulation will take effect Jan.

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Automotive Logistics

MAY 3, 2019

Whilst Brexit will bring many challenges and, of course, opportunities, the efficiency of European port transhipment routings defined by geographical and market proximity will remain – even where the political backdrop differs,” he says. Cale Judah, managing director at GBA, is positive about the outlook, therefore.

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Automotive Logistics

APRIL 16, 2018

Over the next few hours, the true severity of the incident became clear: a malicious computer program, dubbed “NotPetya”, had infected thousands of computers across the organisation’s worldwide operations, locking users out and encrypting data stored on hard drives. The real-world impact on Maersk’s business was immediate.

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Logistics Business Magazine

NOVEMBER 20, 2020

Customer requirements are, of course, at the forefront. The winners will be those who use the data and technology and are able to leverage their investments in making sure they have resilient and long-range supply chains. As a veteran of the global logistics industry, how does Robert Sutton view the wider sector’s future?

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