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The Air Freight Market with Eric Kulisch . Eric Kulisch and Joe Lynch discuss the air freight market. Eric is the Air Cargo Editor at FreightWaves, the leading FreightIntel provider, offering current digital intelligence and context to the freight community on a central platform. Key Takeaways: The Air Freight Market.
solution combines aggregated market data and customer data with advanced machine learning techniques to deliver short-term predictive freight market pricing specific to a company’s individual buy and sell behavior. Exiger has been recognized as one of the fastest-growing companies in the United States by Inc. The Greenscreens.ai
During this time she served as editor in chief of Void Magazine, B2B copywriter for an ad agency, and radio/TV broadcaster in the North Florida market. That’s why Digital Dispatch is on a mission to help every freight company build a better website that connects your digital sales dots. Keay Takeaways: Connecting The Digital Dots.
During this time she served as editor in chief of Void Magazine, B2B copywriter for an ad agency, and radio/TV broadcaster in the North Florida market. That’s why Digital Dispatch is on a mission to help every freight company build a better website that connects your digital sales dots. TIMESTAMPS [00:01:48] Joe’s career background.
Freight costs and budget adherence are among the most important and often overlooked aspects of transportation management. For example, according to Global Trade Magazine , “One critical factor that executives should monitor closely is logistics management. As a result, freight cost changes go unnoticed and surpass budget limitations.
And despite freight market volatility, the freight market continues expanding. According to Globe News Wire , “The Freight and Logistics Market are estimated to grow at a CAGR of approximately 5% during the forecast period.” Gia Glad reported in Global Trade Magazine that up to 6% of all carrier invoices contain errors.
Global supply chains suffer from limited visibility and a general want for supply chain intelligence in carrier sourcing , freight tendering and all other processes. Without supply chain visibility, a retailer cannot realistically move freight to other markets to take advantage of trucking capacity. Learn about SONAR SCI.
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.
CEST) , the webinar will look at the advantages Corten Logistics has enjoyed since offering real-time visibility to its customers, as well as talking through the challenges freight forwarders face and how the straightforward remote implementation of the Logixboard solution has now freed up personnel to focus more on added-value activities.
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.
Digitization, with data alongside, is an exciting journey that is now all pervasive. Learn about visibility, business intelligence, pain points, solutions, handling data, customer needs and price optimisation. Embrace disruption as Peter MacLeod, Editor of Logistics Business magazine, chats to Robert Jordan, CEO of the iFactory.
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.
The ability to tap into data is critical to business success – from predicting sales trends to improving operations and customer service, writes Stephan Sieber (pictured), CEO at Transporeon. This gives companies the insights they need to outperform the competition, and today’s business leaders clearly recognise the value of data.
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.
GateHouse Maritime , a leading provider of ocean supply chain visibility and predictability services, has agreed with Sony Network Communications Europe for its cargo tracking solution, Visilion, to utilise its new data platform , OceanIO to extend the range of tracking for oceangoing cargo.
The right freight brokerage strategy is continuously changing to reflect the latest advancements in technologies, service, and brand value. Freight brokers in need of a better strategy that stays proactive in managing shippers and carriers need to follow these steps. Robotics process automation may hold a long-term solution.
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.
has developed a new haulage freight exchange, called Private Freight Exchange, which enables freight forwarders to invite hauliers to their own secure and private digital space, communicating directly with their trusted transport service providers. Logistics platform Trans.eu in direct response to customer demand.
Transporeon , one of Europe’s leading Transportation Management Platform, and Schmitz Cargobull, Europe’s leading manufacturer of trailers, have announced a partnership that will provide Schmitz Cargobull’s customers an easy and secure data connection to Transporeon’s real-time visibility solution.
Transporeon, a leading Transportation Management Platform and a Trimble Company, announced today the launch of Freight Marketplace, a neutral (of equal benefit to both shippers and carriers) deal-making hub for freight procurement.
The road freight logistics industry is on the brink of a revolution, driven by advancements in artificial intelligence (AI) technology, writes Luis Moreira-Matias, senior AI Director of sennder. Resources: Embracing Automation in a Digital Era Digitalization is the norm across various industries, and road freight logistics is no exception.
Even as the industry is becoming more data driven than ever before and cutting-edge software is increasingly used to manage freight from start to finish, the development of your sales team is still important. How you develop your sales team has a big impact on your logistics business. People skills do matter.
A TMS is an excellent investment and according to Logistics Management Magazine, has been shown to reduce transportation costs by up to 30 percent. All the data a TMS provides can be overwhelming and the possibilities of what you could analyze are endless. Ultimately, sifting through that data can be complex and time-consuming.
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.
Part of Peerless Media’s impressive stable of industry magazines, including Supply Chain Management Review, Modern Materials Handling and Material Handling Product News. So much so that it is split into seven topics – aircrafts, airports, capacity and demand, carriers, freight trends, traffic and viewpoints. LogisticsMgmt.
A leading palletised freight delivery company is enjoying important operational benefits and reduced costs after replacing its diesel materials handling fleet with electric forklifts. Meanwhile, the collection of charger data supports an ongoing operational analysis with a view to driving further efficiencies.
The integration offers instant access to competitively-priced Less-Than-Truckload (LTL) cargo insurance to Uber Freight’s network of shippers facilitated through Redkik’s robust software. ” Uber Freight has built one of the world’s largest digital freight marketplaces and managed transportation networks.
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).
The accurate measurement of CO2 emissions in air freight is becoming increasingly important – but they differ strikingly depending on the aircraft type. With the BlueBox Systems platform, in addition to real-time tracking and analysis of air freightdata, aircraft type-accurate CO2 emissions are now available.
Prompt and seamless exchange of accurate information is essential for a robust logistics network, especially for air freight tracking. With this, BlueBox Systems enables companies to quickly and easily access high-quality air freightdata, resulting in streamlined operations.
Aggressive discounting by UPS and FedEx during Q3 2024 lowered ground delivery rates to their lowest since 2021, according to the TD Cowen/AFS Freight Index. While this benefits large shippers with reduced costs, it may have implications for service quality and deliverability.
Logistics Management’s blog is the corresponding online resource of the Logistics Management magazine. The blog at TechBullion boasts an extensive resource for the application of Artificial Intelligence, Big Data, Blockchain, and general technology innovation in the supply chain. Fleet Owner is another magazine-based blog.
Thomas Kuehn has joined independent freight forwarder 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.
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.
Cross River Partnership (CRP), a non-profit and impartial partnership organisation, is excited to have launched the London Light Freight Walking Trial; UPS’s first walking freight trial on public land. Walking freight is a mode of logistics where foot-based porters play a key role in deliveries and collections.
The supply chain is evolving, and the standards used for managed logistics transportation services today are more data- and technology-driven than those of the past. Indicator 2: Freight Spend Seems to Be Spiraling Out of Control. During times of high market volatility, freight spend will inevitably grow faster than anticipated.
The freight brokerage industry has traditionally focused its attention on the training and development of its customer sales staff. In a buy-sell brokerage, customer sales are incentivized to hunt and gather more freight, to bring in more revenue. Should] you just figure out if it should be 5% or 6% [without data]?”
As a disclaimer, WebCargo , a Freightos Group company, does offers digital services to global forwarders and carriers, including online sales portals, digital eBooking, multimodal rate management and the Freightos.com freight marketplace. . The Freight Game of Thrones. A Maersk ocean liner generates some 2 GB a of data per day.
With Connected Training, which is now available in beta in the UK, customers can have a data-driven training experience designed for continuous, remote learning via the Samsara Driver App.
The online service is provided by Tim Consult on the basis of transport data of more than 1.8 million freight loads per year. The processed transport data, stemming from the spot market, is provided by Transporeon , Europe’s leading network provider for transport logistics services.
Freightliner , in partnership with a consortium of specialist suppliers, has successfully secured government funding to develop a Rail Freight Energy and Emissions Calculator (REEC) that will be deployed on the existing NR+ platform used for rail- freight planning.
Real-time supply chain visibility platform FourKites has been awarded a US patent for its Smart Forecasted Arrival (SFA) capabilities, which provide companies with highly frequent and accurate ETAs for freight in transit — even when that truck lacks any technology to transmit location data.
Alongside these features, Log-hub introduces a new addition to its portfolio of supply chain analytics apps, a brand-new ‘Freight Matrix’ app. This feature streamlines workflow efficiency, reduces data loss, and enhances collaboration among supply chain professionals. ” – said Jan Sigmund, the Co-CEO of Log-hub.
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