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Faced with the challenge of limited data availability, he co-founded Vizion, an API-first solution empowering cargo owners, freightforwarders, and software providers to achieve true supply chain visibility by tracking ocean freight in near real-time.
About FreightFest 2023 FreightFest 23 , presented by Truck N’ Hustle, is an eagerly anticipated event in the Trucking, Transportation & Logistics industry. The event aims to explore profitable industry niches and provide valuable insights from subject matter experts. The Greenscreens.ai
With five decades of experience, DGL stands out from other freightforwarders by offering advanced consultingand contingency planning that anticipates disruptions before they occur. This data allows supply chain managers to make quick, informed decisions in the event of a disruption, avoiding potential bottlenecks.
About Transport Topics Since 1935, Transport Topics has been the news leader in trucking and freight transportation. Freight brokerage giant C.H. Clevenger, currently based in Alexandria, Va., is a native of northwest Ohio. Robinson Worldwide holds onto its No. 1 ranking by a significant margin.
billion rate data points monthly to provide the most comprehensive view of the market, helping you identify savings opportunities and make data-driven decisions. Our platform can be deployed alongside your current solutions, providing immediate value without disrupting established workflows.
Retail margins are under increasing threat from soaring freight rates, poor carrier reliability and fluctuating demand. In response, Zencargo , the digital freightforwarder has announced a new online forum to analyse end-to-end retail profitability. Scheduled for 14.00 BST (15.00 Scheduled for 14.00 BST (15.00
At the event, Samsara also announced a strategic partnership update with ACSS, further emphasising its commitment to driving technology innovation across the industry. Early adopters have seen a 35% average decrease in safety events when using Connected Training. • Our future with Samsara continues to look very exciting.”
Many receive emails alerting them of a data breach at their favorite mega-store or insurance company that exposed their personal information. Today, companies of all sizes are experiencing cyberattacks, leading to data breaches and system failures. We have safeguards in place to protect our sensitive data.
The industry that had been the slowest to embrace the change was at the forefront of adopting the latest technologies and advantages they had to offer, mainly as a result of once-in-a-generation events and black swans that occurred one after another. The Change. However, it is certain that current offerings will be the status quo very soon.
billion rate data points monthly to provide the most comprehensive view of the market, helping you identify savings opportunities and make data-driven decisions. Our platform can be deployed alongside your current solutions, providing immediate value without disrupting established workflows.
Well, with so much complexity, one would certainly require a reliable and transparent source to carry such enormous data and activities. Blockchain is a distributed database that contains records of events in continuity which can be assessed and inspected by users. How will blockchain impact freightforwarding?
Most shippers, carriers and logistics service providers understand the importance of data collection and data-driven decision-making. Data collected over time provides intelligence, enabling companies to enhance long-term decision-making. Artificial intelligence is a potent tool that helps companies get the most from their data.
Nevertheless, there is still a lack of transparency in logistics, as data volumes are often insufficiently filtered and processed. The logistics industry and in particular those responsible for air and ocean freight have traditionally struggled with the issue of transparency. But also the organization of data plays an important role.
Billions of venture capital dollars of investment are being poured into companies that can integrate real-time visibility data with transportation to provide a more informed ETA for shippers and carriers. This leg takes into consideration any event involving the vessel, its schedule, and events. Port of Loading. Final Thought.
That said, the path to supply chain visibility is filled with questions – from how to achieve it; what tools are required; to – most significantly – what insight is the business looking for; what data do you need and have available; and how to connect disconnected data sources and convert those into automatic action. from containers).
Crossing one million bookings annually in 2023, we’ve made significant headway in digitizing spot freight pricing and bookings, especially in air cargo. But, as we hear from our freightforwarder and shipper customers again and again, spot bookings aren’t everything. That’s exactly where Shipsta comes in.
A study of more than two million data points was done using the Ocean Insights platform. Consider the below charts derived from these data points : In the below image you can see the highest cargo rollover ratio among carriers is almost a whopping 18%. The data is pulled from H2 of 2019.
Postal operators , carriers and their customers can give themselves a competitive edge during Peak by ensuring that their cross-border shipment data is of the highest-possible quality. Palmer added: “The one thing in the control of postal operators, carriers, retailers and marketplaces is the quality of their data. “In
Plus, extreme weather events and changing storm patterns challenge seafaring vessels. A data capture facility scores the vessel on a variety of different measures, including environmental factors. Marine optimization process technology provides end-to-end visibility and data capture. from originally 3.5%
Data is the talk of the town. Data is not only required for smooth functioning but also for better control on the process. Is data really the show stopper? The captured data comes in use to analyse the trends and predict demand. Data has been and will continue to transform the logistics space. Route Optimization.
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 infrastructure has changed with cloud infrastructure, complex event processing (CEP) and the Internet of Things.
The main concept behind these digital services is the possibility of managing all the necessary documents and data with multiple parties in one single platform. In terms of data and documents, we can identify three groups of functionalities: · Assemble: generation and management of compliant shipping and trade information.
The data indicates that export volumes are going down month on month and import volumes are increasing, making it detrimental to the US economy and concerns have been raised by several quarters in the media. As per data from Shifl.com, the import rates did come down slightly at the end of October but seems to be rising slightly again. “
In this essay, we’ll explore Maersk’s shift, the unique asset-heavy carrier advantages that encouraged this decision, and individual products developed over the past four years to realize the vision, across their core ocean services, freightforwarding, and value added services. Organic traffic to Maersk.com, ahrefs.com data.
The data proves it too: Since 2012, global supply chain management disruptions from extreme weather events have risen 29%, according to the Zurich Insurance Group and the Business Continuity Institute. Few have taken steps to mitigate the impact of natural disasters and extreme weather events on their global supply chain management.
Recent events have given the e-commerce industry a steroid induced growth spurt that online scammers all over the world are rushing to take advantage of. Using a debit card with limited funds ensures that even if your data is stolen, your immediate risk is limited to the value stored on the card.
This exciting new collaboration with leogistics will add the power of OceanIO – the industry’s most comprehensive and robust ocean data foundation – to myleo / dsc, helping it supply higher levels of visibility and more predictable delivery of goods in transit across the world.”.
Agility has partnered with UnaBiz, an Internet of Things (IoT) solutions company, to lead the digitization of event logistics and provide enhanced tracking for exhibitors. Priscilla Leong, COO of Agility Fairs & Events, said: “The value of IoT in event logistics lies in real-time alerts and data.
Simon Evans, an executive at an IT consulting firm, has taken part in plenty of rowing and cycling sporting events. Elizabeth’s specialist health center can provide valuable data and clinical trial participants to world-renowned research programs, helping scientists find new solutions for neurological disorders like epilepsy.
Many receive emails alerting them of a data breach at their favorite mega-store or insurance company that exposed their personal information. Today, companies of all sizes are experiencing cyberattacks, leading to data breaches and system failures. We have safeguards in place to protect our sensitive data.
In today’s logistics environment, EDIs (electronic data interfaces) and the Internet are the most used tools to transfer documents among buyers, sellers, vendors, banks, customers and government entities. Packing list is used by freightforwarders in order for a shipment to clear U.S. Bill of Lading (BOL).
Jensen also pointed out, though, that with capacity being used for diversions, there is little slack available should any additional disruption arise, and such an event really could cause a crisis. Progress in ocean digitalization Discussion of the role of technology in ocean freight was more prominent at TPM than ever.
Ty explains that these and other electronic documents, together with many paper-based forms, are static data sets that generally cannot be automatically understood and used by digital supply chain applications. How can you reduce freightforwarder and brokerage fees, for example? The second area of value is in automation.
These legally binding documents highlight the array of services the transportation company provides you including, local rail drayage services, motor carriers, freightforwarding, and others. Tenders include weight, descriptions of freight, pertinent contact information, and measurements.
While most visibility providers depend on third parties for ocean tracking data, Ocean Insights has built native integrations with shipping lines to ingest data directly from the source, giving customers the richest visibility across global containerized ocean shipments. Ocean freight is a linchpin for global supply chains.
If you’re interested in the underlying data, more observations and updates about Freightos over the last quarter, just download the full report! The global freight market contracted in 2015 by 1.6%. ” Global FreightForwarding 2016, Transport Intelligence. LogTech Industry Roundup: Q2 2016.
If you’re anywhere near Sydney or Melbourne this October and you want to a rare chance to gain some valuable supply chain leaders’ insights, you’re about to learn about an event you really shouldn’t miss. The Melbourne event is on October 17 th , Sydney on October 19 th. GPSM: Freightforwarding.
The blog publishes a weekly roundup of news and events affecting global supply chains, along with content on warehousing, SaaS, cloud-based supply chain systems, blockchain and more. Topics include blockchain, Big Data, retail accomplishments, news from major carriers and more. Freight Hub. Logistics Viewpoints. TechBullion.
Most 3PLs, which are among the largest arbiters of digitalization, were originally trucking, warehouse or freight brokers, freightforwarders (see digital forwarders) and other industry providers. Data cleanliness and accuracy is a widespread issue. that generate data. that generate data.
They’re licensed to be an ocean freightforwarder, and they’ve bought some aircraft and an airport; and of course they are a huge warehousing player. Kuehne+Nagel was one of the first big freightforwarders to have price quotes and self-service directly on their homepage. Open data standards.
No longer a route and schedule coordinator, the modern dispatcher is evolving into a data strategist, harnessing technology to optimise fleet operations and drive efficiency. Data suggests dispatchers see time-savings of 25-45% from the automation of itinerary monitoring and recalculation. So, what technologies are driving this change?
This far more complicated set of requirements meant that the company didn't have as much leverage in its freight rate negotiations as high-volume single-lane shippers in the 100,000+ TEU range looking to buy cargo in major lanes. Advanced, data-driven bid events Ticontract provided the platform for managing the bid.
Since the historic referendum in June 2016 Brexit has been a seismic event, reshaping the landscape of the UK’s logistics and transport sector. This approach fosters a more inclusive and efficient logistics ecosystem, benefiting all parties involved and reducing the effects of events like Brexit damaging their operations.
Geopolitical tensions, equipment shortages, and global events like the Red Sea crisis contribute to the disruption. Despite this, regular ocean freight service allocations have not changed, even with increased demand from Manila, Vietnam, and Thailand. Recent data indicates a significant uptick in freight volumes from these regions.
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