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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?
FreightForwarding And Digital Customer Service Five Years From Now. Of course, phones shifted from being cutting edge, as did Dial-a-Truck, which became the trucking technology powerhouse known as DAT. And it does it by going straight to the forwarders. What do forwarders think will happen to freight service by 2022?
US-Mexico Trade Trends Indicate Nearshoring Has Momentum Show Submenu Resources The Logistics Blog® Newsroom Whitepaper Case Study Webinars Indexes Search Search BlueGrace Logistics - December 7, 2023 ‘While Mexico Has Surpassed China as the United States’ No. While Mexico has surpassed China as the United States’ No.
As a result, shippers across the globe are looking for ways to keep up with the Amazon’s unrelenting approach, and these trends in trucking and freight reflect a few of the key ways shippers, third-party logistics providers and truckers will respond 2018. FreightForwarding Will Undergo Digital Transformation.
Rather than abandon the idea of updating you on trends emerging in the industry in 2020 and likely to deliver changes in the next two or three years, I thought I’d go ahead with it, and add some insights into how the Coronavirus crisis is accelerating or reversing them. Air Freight Transportation Trends 2020. sulphur content.
Periodically, we come across shipping scams by fraudulent people or firms impersonating freightforwarders and shipping lines. Of course, these fraudsters and scams come in various forms, mainly by those using a similar or duplicate name or those creating a fake website to attract shippers and importers.
The global freightforwarding market has grown by 2.7% in real terms since this time last year, but owing to a continuation of excess capacity issues and lower average oil prices, rates continue to fall in both air and sea freight. Top 25 Global FreightForwarders. DHL Supply Chain & Global Forwarding.
Christoph Grasl has more than 25 years of experience in freight and logistics. He started his carrier in freightforwarding at Vienna Airport in 1996. In the year 2000, he switched from Austria to Hungary and developed an SMB forwarding company within nine years to one of the top players in the Hungarian logistics market.
Comparing air and ocean freight , a medium size 2000 lbs box from Shenzhen, China to New York, USA, can cost $1,200 by ocean but a whopping $4,000 by air. CO2 emissions – Of course, air freight also leads to far more emissions. Seasonal trends in clothing can shift fast. billion in air freight revenue in 2015.
First, there are many parties involved in international trade,” including shippers, consignees, freightforwarders, and customs house brokers. When it comes to the exchange of information, it is of course problematic.”. That said, inherent within digital transformation is of course the transformative process itself.
Wouldn’t it be amazing if someone could cut through the hype and summarize the key freight and logistics trends every month? We’ve split the trends into the sections on the right. China’s slowing economy is generally bad news for the freight industry. LEARN MORE ABOUT THE COURSE 6. Prefer the summary?
Say “freightforwarder” and the first thing that might come to mind would be “forward-thinking,” a market run by visionary leaders who can use predictive analytics to forecast and deliver on new shipper demands. The freightforwarding business is still all about personal relationships and building trust,” he adds.
However, port information from San Pedro Bay ports, which handles 40% of US trade, shows that this trend of empty container outbound movement has been going on for a few years and is not a new phenomenon. There have been several complaints from US exporters that exports were being compromised in favour of empty container repositioning.
What’s up with peak season freight rates in 2017? Take, for instance, the two week-on-week increase exceptions that bucked the trend of ongoing, eight-week long declines. The downward trend has been going on all year. International freight rates 2017 by month (via Freightos Index ). But freight rates?
The low rates that triggered Hanjin’s bankruptcy in 2017 quickly became a thing of the past, as surging demand, congestion, and a litany of global shipping catastrophes pushed ocean freight rates into the stratosphere. Including, of course by leveraging global freight tech for BCOs. Changing Trends in BCO Air Cargo Procurement.
Within the ever-changing shipping and freight management market, there is an underlying need to know and understand shipping data trends running throughout the industry. Data collected with earlier methods gets used to recommend one or more courses of action on a point being analyzed.
Dr. Schreiber concludes by covering the players (from startups to billion-dollar companies) and the trends changing the industry. Bringing Freight Online In The Carrier Space. Carriers literally do the heavy lifting in international freight. Bringing Freight Online In The Forwarding Space. Digital Forwarding.
But more blatantly than ever, container liners – and especially Maersk – are on a collision course with the tech companies that provide digital infrastructure for selling goods. Late 2021 saw Maersk continue to shift towards vertical integrations, with acquisition of Senator, a German freightforwarder for $644 million dollars.
Throughout the week, BIFA will undertake a number of events, supported by a range of resources on its social media pages to encourage members to expand their own learning; showcasing the range of training courses available from BIFA’s Training team. CET on 7th March. 00 GMT/15.00 00 GMT/15.00
Observing nearly one million data points from the Freightos database, there’s a clear trend of reduced volatility for the higher tier of rates (Blue) while the lower rate tiers fluctuate much more dramatically (Green). The 90% percentile prices, of course, stayed the same. Days after the Hanjin bankruptcy, 10% percentile rates shot up.
Answered by over 300 Shipping and Freight Professionals across the world, the survey brought out some key indicators that will inform the future course of global supply chains. One of the most important trends unearthed was the readiness to change supply chain strategies (42.2%).
FreightHub, a European ‘digital freightforwarder’, scores $20M Series A (TechCrunch). Of course, to have any significant impact in easing margin pressures, “The adoption by consumers is pretty important for those to be successful,” said Lee Klaskow, a Bloomberg Intelligence analyst.
This proposes the question of what will be a trend in this industry in the very near future. Of course, this will become something that everyone has to deal with at some point while for now, it’s just for the large sites. Look Out For These Trends In 2019. Mobile-Friendly Technology. Compliance to U.S. ker@ehpub.com.
Unfortunately, companies that fail to stay in line with the top 2019 logistics trends could face uncertainty and lost competitive advantage, so let’s look at some of the top trends shippers should know to stay successful. The Right Logistics Service Provider Can Help You Navigate the 2019 Logistics Trends. ker@ehpub.com.
Ocean freight prices have looked much the same as they did last year while capacity remains relatively accessible, unlike what is going on domestically with over-the-road truck availability. eCommerce Demand is Creating More Pressure on Air Freight Capacity. Importing and managing the logistics of your precious freight is no easy task.
“We currently measure an average of 13 visits a day for each recipient, some of whom are so eagerly awaiting delivery that they click up to 35 times in the course of delivery,” reports Adrian Wilhelm, product manager at Bettermile. The figures reflect the trend that recipients want the parcel service to be more transparent and predictable.
To gain a sharper picture of what ecommerce-related technologies logistics professionals should be watching, we reached out to industry experts to develop a short-list of trends and solutions that need to be top of mind for today’s logistics professional. This shortage trend alone should accelerate interest in driverless trucks.
Dr. Schreiber concludes by covering the players (from startups to billion-dollar companies) and the trends changing the industry. Bringing Freight Online In The Carrier Space. Carriers literally do the heavy lifting in international freight. Bringing Freight Online In The Forwarding Space. Digital Forwarding.
Other Steps to Minimise Container Freight Costs. Of course, it’s all very well to focus on increased forecast accuracy, but the opportunities of this approach are finite. The first one should be to focus on building solid relationships with your freightforwarders and carriers. There are a few steps you can take.
Most recently, the recent disruptions in the Red Sea that saw ocean freight rates from China to Europe by over 190% and saw transit times lengthen, sea-air services offered a strategic advantage for logistics professionals able to remain agile, by watching trends and jumping at opportunities to ensure a resilient supply chain.
Promising to be a dynamic convergence of leading players in the logistics industry, this event is poised to showcase the latest innovations, trends, and solutions driving the sector forward.
And, over the past three years, the continuing aftershocks of the COVID pandemic, combined with geopolitical factors and an economic downturn, have caused significant upheaval for shippers, cargo receivers, service providers, brokers, freightforwarders, carriers – and of course consumers.
If leveraged effectively, game-changing trends such as digitalization, e-commerce and the Belt and Road Initiative to increase infrastructure between China and the EU—the exact impact of which is yet to be fully understood—have the potential to add wind to the sails of global seaborne trade,” concludes Youssef. Compliance to U.S.
What technologies are trending? Of course, there are companies that have left the market. For example, Nestle Ukraine is launching a production hub in the Lutsk district of Volyn region. 40 million Swiss francs will be invested in expanding production by 1,500 jobs. Prefabricated modular buildings.
As for technology, the freight industry has undergone a veritable renaissance. In 2018, it’s going to come down to the 3PLs and freightforwarders to help bridge the gap in supply chains – for both shippers and carriers. Here are the biggest trends to keep an eye on as 2018 gets underway. What to Watch for .
Many of those start ups changed course and instead of competing within the freightforwarding industry, they ended up marketing their software to the rest of the market. It is understood that in logistics and supply chains in general technological developments will only compliment overall service levels.
A report from LogIndex, the data company that is part of freightforwarder Kuehne + Nagel Group, has ranked the world’s airports according to their airfreight growth rates on a moving 12-month basis (see below for table).
Importing and managing the logistics of your precious freight is no easy task. Compliance to U.S.
We actually may see some increased sourcing out of Thailand for the US economy moving forward into 2019-2020. Intra-Asia continues to be important, of course the automotive sector is going through some challenges at the moment. Mr. Nixon: I think obviously there has been a lot of political developments.
million) during the 2017 calendar year thanks in large part to record volumes and profitability in its airfreight division, according to the company’s most recent financial statements. The Swiss-based international freightforwarder and third-party logistics provider reported earnings per share of CHF 2.48 percent to CHF 5.53
Things like negative Covid tests for drivers are certainly helping drive the trend for unaccompanied loads,” commented Simon Wagstaff Brittany Ferries freight director. Of course, Pelican is an extremely versatile vessel which can take out-of-gauge shipments as well as unaccompanied units,” Simon Wagstaff adds.
Of course, chances are that this spring, while I’m away at a conference, my wife will get her payback and turn the A/C on without any debate either. One of the benefits of my wife being away last week was that we skipped the debate this year. I made an executive decision and turned on the heat.
The positive course of business resulted not only from the strength of the global economy and global trade. This trend was driven by growth in both rail traffic (1.1 Importing and managing the logistics of your precious freight is no easy task. HHLA’s Intermodal activities continued to develop very successfully. million TEU).
While many logistics service providers commenced as domestic carriers or international freightforwarders they have diversified over the last 30 years. So the long term 3PLO agreements havesuccumbed to the trend for shorter terms of one to five years. This will provide a reference point for evaluating improvements.
FreightForwarders , Logistics. Traditional forwarders stay in fashion by strutting their stuff online and designing an expanded portfolio of supply chain services. Is the airfreight forwarding market next? Is the airfreight forwarding market next? November 13, 2018 | By Karen M. Compliance to U.S.
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