This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Editors Note: The following is an excerpt of a research report published recently, The State of Digitization in FreightForwarding 2025. The research, conducted by Adelante SCM and commissioned by Magaya, highlights digitization trends and priorities in the freightforwardingindustry.
Gary Nemmers , Martyn Verhaegen and Joe Lynch discuss digital freightforwarding – and the importance of a modern, data-driven logistics software platform to optimize every step of the freightforwarding process. Freightforwarding is one of the most difficult services within the logistics industry.
Lionel van der Walt and Joe Lynch discuss revolutionizing freightforwarding using tech, which is exactly what Raft.ai About Raft Raft is the intelligent logistics platform that’s rewriting the technology playbook for freightforwarders and customs brokers in the automation era. IATA’s U.S. cargo subsidiary.
The logistics industry is taking on a different shape and approach every day. The change is constant, and changes in the logistics industry come from multiple directions. The logistics industry controls and contributes to the economy of any country as they bring in foreign currency.
Marc is the Co-founder and CEO of Fishtail, a Boston based fintech company that empowers freightforwarders to finance the movement and procurement of goods – for small and medium businesses (SMBs) around the world. Fishtail is venture backed and already servicing and partnering with some of the biggest names in the industry.
More Resources Home Empowering FreightForwarders with AI: Insights from Industry Leaders AI Popup #2 Gaurav Bajaj July 8, 2024 Dive deeper into freightdata that matters Learn More Empowering FreightForwarders with AI: Insights from Industry Leaders For years, technology has been cast as a threat to freightforwarders.
Kyle is Co-founder and CEO of Vizion , a groundbreaking technology company revolutionizing container tracking in the logistics industry. About Kyle Henderson Kyle Henderson is Co-founder and CEO of Vizion, a groundbreaking technology company revolutionizing container tracking in the logistics industry.
More Resources Home Empowering FreightForwarders with AI: Insights from Industry Leaders AI Popup #2 Gaurav Bajaj July 8, 2024 Dive deeper into freightdata that matters Learn More Empowering FreightForwarders with AI: Insights from Industry Leaders For years, technology has been cast as a threat to freightforwarders.
Utilizing fragmented systems limits logistics companies from fully leveraging the data in their systems. Data equals dollars and the 3PLs that best harvest the data (dollars) in their systems will be the most profitable. More viable and up to date data. Opportunities can be missed due to aging and irrelevance of data.
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.
This is accomplished through Axiom-One, a next generation artificial intelligence platform that enables transportation professionals to communicate data-driven insights and recommendations more quickly and easier than ever before.
While people find it easy to book things like accommodations online, container owners and freightforwarders or shippers looking for available Shipper Owned Containers (SOCs) often still struggle to connect with trusted partners. As freightforwarders, we’re not the only industry that has had to digitize.
Global supply chains are intricately connected, and even a small delay in ocean freight shipments can cascade into significant disruptions worldwide. Industries such as automotive, electronics, and retail are particularly vulnerable. companies but global operations.
In his current role, Erez is managing few departments including industrial real-estate, product development, engineering design, maintenance, and the Maersk Innovation Center. The Innovation Center has 4 pillars: R&D, Digital Transformation, Product Innovation, and Data Science.
Whether you’re new to the freightforwardingindustry or you’ve been in this line of business for a long time, it’s easy to marvel at how the industry has evolved in recent years. Software that facilitates streamlined, efficient, affordable service is crucial to your success as a modern freightforwarder.
About Transport Topics Since 1935, Transport Topics has been the news leader in trucking and freight transportation. Freight brokerage giant C.H. The Top 100 list and the accompanying sector rankings were produced in collaboration with industry research and consulting firm Armstrong & Associates.
But Covid pushed the industry to its limits. Before Covid, freight rates were stable and shipping capacity was reliable, with 70% of ships arriving on time. Below are some of the advantages of working with a freightforwarder and NVOCC. This is better addressed with NVOCCs in general.
More Resources Home Empowering FreightForwarders with AI: Insights from Industry Leaders AI Popup #2 July 8, 2024 Dive deeper into freightdata that matters Learn More For years, technology has been cast as a threat to freightforwarders. This conversation is far from over.
However, along with the industry, the role of a logistics manager is also evolving. The rapid rate of technological change and faster access to a greater amount of data are resulting in a transformation of the freightforwarding process. It can be quite challenging to gather the data for such requests.
Containers left sitting too long at the port accrue charges , often because of poor coordination, slow communication, or disorganized service from freightforwarders. What many dont realize is that these fees arent just an occasional inconveniencetheyre a major industry-wide problem. The result?
Digitization in tender management is a concept that is becoming increasingly relevant to carriers and freightforwarders. The digitization of processes also enables the generation of new data, which can be used to gain a strategic view of business operations, plan resource and improve decision-making.
With the official departure from the European Union on 31st January 2020, followed by subsequent negotiations and agreements, the impacts continue to reverberate throughout the industry, raising questions about its future trajectory.
Transport Exchange Group (TEG), a leading UK online freight exchange platform, is helping its members to operate more dynamically and competitively in a highly volatile marketplace with the launch of what it describes as an ‘industry-first’ load pricing data service.
One of the UK’s leading logistics and freight companies has upgraded its warehouse management system (WMS) to accelerate market share and expansion. Simarco has also purchased a SnapData license, which amalgamates critical real time data from various sources and locations into one central dashboard.
More Resources Home A Roadmap for the Future of Logistics The role of neutral booking and payment platforms in logistics Ian Arroyo June 3, 2024 The logistics industry has been undergoing a profound digital transformation, a journey articulated with striking clarity in Freightos’ latest white paper, “Global Freight’s Digital Transformation”.
AI Popup #3) AI Popup #3 August 10, 2024 Dive deeper into freightdata that matters Learn More For anyone who has played around with ChatGPT or Midjourney, it’s now clear that AI has the potential to be an incredible tool for enhancing efficiency and productivity. It’s been about two years since OpenAI publicly released ChatGPT.
On March 1st the EU customs safety and security system, ICS2, was launched for the air freightindustry. “Air freightforwarders should use this period to ensure that they can provide the airlines with the additional data required,” advises DAKOSY authorized officer Dirk Gladiator.
We have witnessed the greatest transformation to logistics and the supply chain the industry has ever seen over the past few years. Considering the past two years have been extremely profitable in shipping overall, this resulted in an increased interest in the industry by venture capital firms.
shipzero enables transport and logistics companies to create transparency about their emissions data and manage decarbonization throughout the supply chain. The Hamburg-based data platform has received seven-figure growth funding for further product development and internationalization.
At the event, Samsara also announced a strategic partnership update with ACSS, further emphasising its commitment to driving technology innovation across the industry. Go Beyond, taking place on 12 November in London gathers 250+ innovators across the physical operations industry, including Otto Car, Lanes Group, Fraikin, and more.
Outdated technologies limit data accuracy Data is critical for fleet management and safety, with 52% of respondents already sharing data with partners to improve safety standards. AI-driven data: The key to safer, more efficient fleet operations Integrating AI tools into goods delivery processes offers significant benefits.
The Tech Portlogics is a digital freightforwarder offering clients a robotic, automation-based forwarding management system. The Traction + Next Steps Fast forward less than two years and 26 companies are currently using the new tech Choi and his team have created. But this doesn’t have to be the case any longer.
Revolutionizing the Industry: Discover the Top 3 Logistics Trends for 2023! Image source: Pixabay Everyone who is familiar with the transportation industry understands that things do not always go as planned. The latter is concerned with implementing industry-proven technologies.
More Resources Home July 9, 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. America weekly prices decreased 7% to $5.58/kg
Market-optimized pricing and capacity will finally become the standard in air cargo – if the industry is able to follow the lead of other industries, including passenger air travel, that have leveraged digitization to reach this goal. Other industries have leveraged this digital shift. Air cargo is a different story.
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.
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.
Blog More Resources Home It’s Not About Chatbots: Getting Real on AI Usage In Real Life Logistics (AI Popup #5) AI Popup #5 September 17, 2024 Dive deeper into freightdata that matters Learn More It’s so hard to talk about AI without sounding pretentious or annoying. The model would be trained on our own customer data.
The objective of this guidance is to enable companies to better understand and track their logistics emissions on a granular operational level and seeks to quantify the footprint of end-to-end logistics emissions, from supplier to final customer, with focus on primary data calculations.
For the first 15 years of his professional career Matt focused on information technology – working for a large silicon valley software companies to data center startups to a brief stint with a family foundation who, unlike his previous employers, existed to give all their money away. About Matt McLelland.
Some of the specific positive effects of current and potential technologies on the supply chain and logistics industry are outlined below. This data can be leveraged to gain valuable insights and make informed decisions. This data can be leveraged to gain valuable insights and make informed decisions.
The rise of technology has also rapidly increased the amount of company data, where it’s stored, and its uses. Forbes reported, “somewhere between 60-73% of enterprise data sits idle on servers somewhere in the cloud, a squandered resource never tapped for the benefit of the business.” Integrate Your Supply Chain Tech Stack.
bans exports by Oregon freight-forwarder in warning shot to industry Container losses fall to record low Warehouse wages rise to average of $18.99 The Commerce Department went forward with a so-called denial order, a rare step that could effectively shut down USGoBuy’s operations given the nature of the company’s business.
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. On the other hand, until there is a balance reached between supply and demand, forwarders will favour short-term contracts until the rates stabilize.
We organize all of the trending information in your field so you don't have to. Join 84,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content