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
Lionel van der Walt and Joe Lynch discuss revolutionizing freightforwarding using tech, which is exactly what Raft.ai Lionel holds an MBA in Strategy and General Management from Milpark Business School in South Africa and has also qualified as an Air Traffic Controller and Aircraft Maintenance Technician.
With five decades of experience, DGL stands out from other freightforwarders by offering advanced consultingand contingency planning that anticipates disruptions before they occur. Diversified Port Strategies : DGL identifies and utilizes alternative port options to keep your cargo moving.
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.
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.
Now, Rick uses his first-hand experience to inform the strategy behind KlearNow’s logistics technology and services. Rick received a Bachelor of Arts degree in psychology from the University of Colorado at Boulder. About KlearNow. Key Takeaways: The KlearNow Story.
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. Gaurav Bajaj, CEO, Solvo.ai
But for many importers, fragmented freight management leads to confusion, delays, and unnecessary costs. Managing separate freightforwarders for air and ocean shipments created disjointed communication, frequent delays, and limited supply chain visibility. A tailored logistics strategy designed around your goals.
Thomas Kuehn has joined independent freightforwarder Unsworth, as managing director of its UK business, with current managing director, Richard Hogg becoming chief executive officer of the Unsworth group , and Charles Hogg leading the company’s client solutions team as commercial director.
This system will require all goods transported to or through the EU to have a complete Entry Summary Declaration (ENS) with additional safety and security data. Implementing the Import Control System 2 (ICS2): Starting March 1, 2024, the EU will implement the third release of its customs pre-arrival security and safety program, ICS2.
For freightforwarders , the adoption of digital platforms translates to expanded services and democratized access. By expanding transaction types and accelerating industry interactions, our roadmap anticipates that platforms will play a central role in improving digital management systems with enhanced data utilization and AI.
Transporeon , a leading Transportation Management Platform, has appointed David Landau as Chief Network and Strategy Officer. Transporeon has developed one of the largest logistics networks in the world, which gives it unparalleled connectivity, data and capabilities. Transportation is, after all, an ecosystem.
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.
As a result, NX Europe is now able to implement customized local reduction strategies in alignment with SBT. The data -driven solution provided by Cozero enables us to implement sustainability transformation into our corporate planning.”
Amazon is at the nexus of ecommerce, data, and logistics, with a drive to constantly improve their logistics network. That’s 258 operational facilities in the US and another 486 distributed around the world (see map below, data from MWPVL ). And the career data below spells out a strong ocean slant. At over 243.5
According to customer data shared by RPA Labs , FreightForwarders spend 113 minutes on average processing shipments, and that’s not even including time spent drafting emails to clients, waiting for responses, or digging up documents that have been misfiled or lost. Submit SI & VGM – 20 minutes.
While many logistics service providers commenced as transport companies, they have diversified to engage in contract warehousing logistics, freightforwarding plus many other value adding services. Alas, in some cases, there is no supply chain strategy to speak of. Data speaks volumes in terms of performance.
Higher ocean freight costs have forced SMB retailers to adjust their pricing strategies. Approximately half of the respondents have increased their product prices due to the spike in freight rates. Keep reading Weekly Freight Updates July 23, 2024 Update Market Updates Are We Headed For Pandemic-Level Supply Chain Disruptions?
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.
It is extremely interesting what has happened over the past 4-5 months where every shipping carrier started implementing this “premium” strategy which is nothing but a variation of a GRI without the 30-day notice requested by the Federal Maritime Commission (FMC.). However, the answer is no.
Forbes echoed this position sharing, “For many businesses, chasing after the customers’ ever-changing behavior and expectations has led to a whole new focus of the business strategy, where services and customer experiences are now the battlegrounds for customer loyalty.”. Limited Customer Engagement With Outdated Chatbots.
So three months after an executive meeting on June 23rd , an updated strategy was released, tracking a radical shift into a slimmer Maersk, focused on providing end-to-end logistics services. Finally, we’ll explore the potential impact (and coping tactics) for existing forwarders. The Post-2016 Strategy: End-to-end Shipping.
With claims cost inflation, parts shortages and rising costs of vehicle technology it is crucial to have a robust risk management strategy. How can data help achieve and support this? What data is valuable, and can help to support risk management teams? How can data be shared? How can the data be put into practice?
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.
Julian Harrison joins as CIO, to deliver a technology and data-first strategy to support growth across all areas of the business. Working in close collaboration with the IT function, Laurence Sugars takes on the role of VP of Product and Strategy.
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.
Sustainability is becoming now a core part of corporate strategies,” said Viktorija Terekė, Head of Sustainability at Girteka. Transparency: All transport is traceable, with fuel and emissions data available for audits and sustainability reporting.
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.
Etihad Cargo , the cargo and logistics arm of Abu Dhabi’s Etihad Aviation Group, and CargoAi , the SaaS application which provides air cargo digital solutions, have partnered to elevate the carrier’s API accessibility for freightforwarders as part of its digitalisation strategy.
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 This framework is central to GM’s strategy, encouraging suppliers to make progressive steps towards sustainability. considers threats to national security.
It was recently reported that one of the world’s biggest container logistics companies, Maersk, will only handle cargo from direct shippers, cutting out freightforwarders. 1 carrier stopping its dealings with even a portion of the world’s freightforwarders? The third new reality: Consolidation is inevitable.
There was no transparency or control, creating a complete vacuum for the customer and showed the inefficiency of freightforwarders. To overcome it, new technologies and strategies were incorporated that will not become irrelevant in the competitive market with time. Such challenges fractured supply chain.
Few topics hold the prestige of logisticians like Big Data. The applications of Big Data in business are numerous. In freight management, Big Data yields opportunities for improvement. The reason behind the application of data is immense. The ways we collect data has evolved too. Why Is Big Data Important?
Shipping and freight professionals want to change their supply chain strategies post-Covid, according to a recent survey. 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. Find more details here.
Logistics Business magazine, together with the Information Factory, have produced a 7 page digital magazine on data in transport logistics. Editor Peter MacLeod talks to iFactory CEO Robert Jordan to understand how transport businesses can drive up profitability by adopting a data-driven approach. Read the free eBook here.
Roeloffs is the chief executive of Container xChange, and online data resource for the shipping industry. Blank sailings are a strategy used by freightforwarders to redistribute fleets, equipment, and the likes by skipping ports and/or legs of voyages. The Result. A blank sail, simply put, is a canceled sailing.
By programming rules that guide the system, freightforwarders can automate an integral part of their business communications. ?2. Do Gather Data From Your Tech Stack to Create Documents. Automating document processing equips forwarders to clearly communicate at every step, leaving fewer customers in the dark. ?Create
digitally transform the business and its strategy. The decade that passed, saw the rise of several hundred startups in the shipping and freight industry heralding the arrival of the Digital FreightForwarder and Digital Alliances by shipping lines designed to offer customers digital freight solutions.
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.
WiseTech Global has announced that IAG Cargo, the cargo division of International Airlines Group (IAG), is now directly integrated with CargoWise, enabling freightforwarders to efficiently choose, book, confirm and change shipments , in real-time from within the industry’s leading logistics execution platform.
When it comes to freight and logistics, it is ideal for tracking assets making it extremely helpful in transportation management. Get Ahead by Implementing a Blockchain-Based Strategy. Blockchain-based technologies are only part of the conversation.
Our research with Iowa State University and MIT’s Center for Transportation and Logistics have identified the impact of the last 4-days of a quarter to route guide performance, paving the way for applying strategies to mitigate the risk of cost over runs. Using data provided by C.H. What is your strategy for quarter end?
But Molex, a global electronics and connectivity solutions company, has been investing in their intelligent digital supply chain strategy to improve their supply chain agility and customer experience. Those industries include data communications, medical, industrial, automotive and consumer electronics. The Advantages of Agility.
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. Updating planning and execution strategies to maximise flexibility and profit.
Nevertheless, with in following quarter, this strategy will need to be carried a step beyond. As a result, rather than following a single procurement strategy, several businesses will increasingly aim to create markets and capacity in Europe and North America in an effort to safeguard their business strategy in the long run.
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