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Demo Perez and Joe Lynch discuss Panama: the logistics engine of Latin America. Demo is a Founding Partner and Chief Commercial Officer of IPL Group , a Panama based 3PL that helps companies expand their business into the Latin American market by simplifying order fulfillment and regional distribution.
Enterprise shippers have always been an integral part of the maritime shipping industry and its partnership with truck fleet management. And likewise, maritime transportation has been a dominant player in global transportation for decades. Take a look at 8 shipping challenges in the maritime, or ocean, mode.
Well, the maritime market is in the middle of its own “August madness.” The maritime market madness has caused some retailers to wonder if Christmas is going to be canceled. The pressure in the maritime market has been caused by numerous factors including: Historically high U.S. Request a SONAR Demo.
All three major modes of transportation – maritime, intermodal and truckload – all have very different peak season timelines. The maritime sector has been operating at peak season-like levels for much of the past year. Traditional maritime peak season has passed, with goods needed for the holiday season already stateside.
This “SONAR highlight reel,” which we publish every other week, is intended to concisely hit data highlights and trends in truckload, intermodal and maritime. Truckload demand has stabilized at a high level after declining seasonally to start the fourth quarter. Request a SONAR Demo. Request a SONAR SCI Demo.
This “SONAR highlight reel,” which we publish every other week, is intended to concisely hit data highlights and trends in truckload, intermodal and maritime. Spot rates continue to rise as freight flows to the spot market – particularly on the West Coast. Request a SONAR Demo. Request a SONAR SCI Demo.
This “SONAR highlight reel,” which we plan to publish every other week, is intended to concisely hit data highlights and trends in truckload, intermodal and maritime. Maritime data suggests that further shipment delays, elevated ocean rates and a strained domestic transportation network should be expected. Request a SONAR Demo.
This “SONAR highlight reel,” which we plan to publish every other week, is intended to concisely hit data highlights and trends in truckload, intermodal and maritime. The end of the second quarter is typically a strong period for truckload freight and this year is no exception. Request a SONAR Demo. Request a SONAR SCI Demo.
What’s less encouraging for shippers is that intermodal contract rates increased in October, up about 14% year-over-year (y/y), which suggests that shippers that have not rebid their intermodal loads for a while will likely see a steep increase in rates. Maritime import volumes show signs of stabilization with TEU import volume at the L.A./Long
Maritime import volume remains robust and it appears that the ports of LA and Long Beach will announce a record December when the data is released. Request a SONAR Demo. Request a SONAR SCI Demo. SONAR intermodal contract rate data shows rates up 19% from this time last year.
3-6), maritime (p. The maritime industry has been in peak season mode since the middle of last year and import volumes have been consistently higher year-over-year. Request a SONAR Demo. Request a SONAR SCI Demo. In this report, we discuss our outlook for the fall peak season for rail intermodal (p.
Identifying trends in the maritime market is also important, because increased ocean freight impacts domestic transportation markets as freight arrives on shore. The current trends in maritime shipping data suggest increased shipment delays and further inflationary pressures on rates. Request a SONAR Demo.
H aving access to real-time freight data and being able to make good use of it is essential for global trade and maritime shipping. Drayage delays may lead to higher detention charges and additional fees Drayage is essential for transferring and delivering orders for maritime shipping , but again, drayage shipping does have one drawback.
Judah Levine December 6, 2023 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) were level at $1,620/FEU. Asia-US East Coast prices (FBX03 Weekly) were also level at $2,367/FEU.
This “SONAR highlight reel,” which we publish every other week, is intended to concisely hit data highlights and trends in truckload, intermodal and maritime. Request a SONAR Demo. Request a SONAR SCI Demo. Holiday noise is dramatically impacting the major truckload indicators.
This “SONAR highlight reel,” which we publish every other week, is intended to concisely hit data highlights and trends in truckload, intermodal and maritime. The impact of Hurricane Ida on the maritime industry will be acutely felt by grain shippers. Request a SONAR Demo. Request a SONAR SCI Demo.
This “SONAR highlight reel,” which we publish every other week, is intended to concisely hit data highlights and trends in truckload, intermodal and maritime. Request a SONAR Demo. Request a SONAR SCI Demo. Spot rates have rebounded in the majority of the country after a post-Labor Day hiccup, according to Truckstop.com.
This “SONAR highlight reel” freight market update report, which we plan to publish every other week, is intended to concisely hit data highlights in the truckload, intermodal and maritime industries. June is typically a strong period for truckload demand and this June is proving to be no exception. Request a SONAR Demo.
Judah Levine February 28, 2024 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) fell 2% to $4,809/FEU. Asia-US East Coast prices (FBX03 Weekly) fell 1% to $6,709/FEU.
The song was built using a demo track from John Lennon dating back to the 1970s and a guitar track from George Harrison from 1995. The song was supposed to come out back in 1995 as part of The Beatles Anthology, along with Free as a Bird and Real Love , two other tracks culled from 1970s Lennon demos. To keep commerce flowing, the U.S.
are reliant on the maritime shipping industry moving freight from overseas to this country. Like many other sectors of the global logistics/supply chain/freight world, the maritime industry is investing in technology in order to modernize and automate processes to create more visibility. Request a SONAR Demo.
According to Vespucci Maritime, the port handled 1.1 The Port of Baltimore handles more roll-on/roll-off volumes than any other US port, including a large share of farm equipment exports – and is likely to have an impact on vehicle transport – but is less critical in terms of container traffic.
ports of all incoming ocean freight or maritime shipments, and what the PIMS index can do for each freight market participants. Customs Maritime Import Shipments (PIMS). Customs Maritime Import Shipments on a monthly basis. PIMS tells you how many ocean freight or maritime shipments are being cleared through each port by U.S.
According to Maritime Executive , “Eight international carriers split into three different alliances control 80% of the market today. Request a FreightWaves SONAR demo by clicking the button below to get started. Request a SONAR Demo. Now, the industry is changing yet again. And those increases are likely to remain forever.
This “SONAR highlight reel,” which we plan to publish every other week, is intended to concisely hit data highlights and trends in truckload, intermodal and maritime. Request a SONAR Demo. Request a SONAR SCI Demo. West Coast to more accurately reflect ocean rates in the currently tight market. .
Supply chains have fractured under the weight of recent maritime import demand, forcing shippers like Peloton (NASDAQ: PTON) to find pricier alternatives in order to not miss their window of opportunity. Request a FreightWaves SONAR demo by clicking the button below to get started. Request a SONAR Demo.
This “SONAR highlight reel,” which we publish every other week, is intended to concisely hit data highlights and trends in truckload, intermodal and maritime. See description of the just-released FreightWaves Trusted Rate Assessment Consortium (TRAC) spot rate data on pages 5-6. Request a SONAR Demo. Request a SONAR SCI Demo.
This “SONAR highlight reel,” which we plan to publish every other week, is intended to concisely hit data highlights and trends in truckload, intermodal and maritime. Request a SONAR Demo. Request a SONAR SCI Demo. and Long Beach promise to keep import volume elevated. FILL OUT THE FORM BELOW TO DOWNLOAD THE FREE WHITE PAPER.
New and existing home sales impact many transportation modes including maritime, dry van and intermodal, but due to its specialized nature and relatively small market size, we believe no transportation segment is more directly impacted than flatbed trucking. Request a SONAR Demo. Request a SONAR SCI Demo.
Customs Maritime Import Shipments on a monthly basis. SONAR US Customs Maritime Import Shipments (CSTM). The US Customs Maritime Import Shipment Index is a 7 day moving average of shipments into a given port based on US Customs data. HOW TO USE MARITIME INDICES TO DIRECT CARRIER AND CUSTOMER SALES TEAMS.
The ports of Los Angeles and Long Beach account for over 40% of the total maritime import shipment volumes. Image – SONAR Tree Map of import market share The largest lanes for maritime imports originate in China and end on the North American West Coast, predominantly the ports of Los Angeles and Long Beach. Request a SONAR Demo.
Based on information in the Ocean Shipments Report, maritime freight will continue to arrive at U.S. It is located under the apps in SONAR and provides subscribers new visualizations of maritime container flow and also give them the opportunity to plan for future trucking and/or intermodal activity at various U.S.
This week, learn how freight market participants are monitoring spot ocean freight rates of 40-foot containers in seven major maritime shipping lanes using the Drewry World Container Index (WCI). The Drewry World Container Index (WCI) measures the bi-weekly ocean freight rate movements of 40-foot containers in seven major maritime lanes.
Hapag-Lloyd recently announced the demo of e-bill of ladings that have been used in recent months. Factors such as congestion at the ports, increased demurrage and detention costs due to waiting for bills of lading, and covid 19 have forced shipping companies to find new methods.
From now on, users can use sea routes in their mapping, enabling them to visualize their maritime transport and set up routing restrictions to ensure routes avoid specific areas. Book a demo The post Log-hub 3.2: They can use daily, weekly, monthly frequency, or even combine the days to define the frequency of shipment consolidation.
Request a SONAR Demo. Request a SONAR SCI Demo. Some of the impacts that the ocean shipping situation is having on U.S. FILL OUT THE FORM BELOW TO DOWNLOAD THE FREE WHITE PAPER. The post [WHITE PAPER] Ocean shippers trapped in house of pain appeared first on SONAR.
This volume is measured in twenty-foot-equivalent units (TEUs), a measurement used in the maritime industry to record international containerized freight volumes. Since around 90% of global trade occurs via maritime shipping , loaded TEU volumes can also assist in understanding the overall health of U.S. Request a SONAR Demo.
Changing Maritime Shipping Patterns The inbound ocean booking volume index for the Port of LA has outperformed the index for the U.S. Chart: SONAR) To learn more about how you can utilize SONAR data at your organization, reach out to our team to schedule a demo. However, shippers moving freight from India or China to the U.S.
Changing Maritime Shipping Patterns The inbound ocean booking volume index for the Port of LA has outperformed the index for the U.S. Chart: FreightWaves SONAR) To learn more about how you can utilize SONAR data at your organization, reach out to our team to schedule a demo. often have some discretion over which ports they use.
We’ve been busy fine-tuning our platform, nailing our pitch, bringing on new customers, demoing for clients, and speaking at and attending different freight and logistics conferences. Trans-Pacific Maritime Conference: TPM in Long Beach, CA. Dear Community, We’re nearing the final stretch of 2019, and we can hardly believe it!
With the threat and frequency of attacks increasing and many container carriers now diverting away from the Suez Canal as a result, the international maritime community is mobilizing to restore security, though in the meantime disruptions are increasing too. Live map of Suez Canal and Red Sea, Dec.
The Federal Maritime Commission also recently opened an investigation into foreign government roles in container chokepoints. But despite the current relative demand strength, transpacific container rates continued to fall last week as well.
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