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The digitization of the freight industry is about improving speed and efficiency. . This trend moved forward in exciting ways in 2019. We mystery shopped the twenty largest freightforwarders for FCL, LCL and air online quotes. Threat from Carriers and Digital FreightForwarders?
Various trends have been taking place in the logistics and shipping industry over the past few years and the effects of these drastic changes are now being felt. Today, customers are not only looking for companies to help them move their freight, but also companies that show customers they care about them.
In mid-2015 his employer opened one of the first industry “Innovation Labs” – a loosely structured group with the single purpose to research and test early-stage supply chain innovations. The segment also provides shuttle and switching services to shuttling containers and trailers.
Leverage relationships with freightforwarders or the reliability of shipping platforms like Freightos.com for advice, accountability and better shipment visibility. As businesses adapt to the current landscape, monitoring these trends will be crucial for navigating the evolving international freight market.
Ahead of the WOF SUMMIT , which takes place in Vienna on 4 th -5 th May, we caught up with Chief Commercial Officer of the WOF Group Christoph Grasl and asked him about this inaugural event. Christoph Grasl has more than 25 years of experience in freight and logistics. To find out more in information and get your ticket, CLICK HERE.
Asyad Group, Oman’s end-to-end global logistics provider, has acquired Skybridge Freight Solutions (SFS), a leading global freightforwarding company. Additionally, Asyad will now have active operations in key cargo origin economies. With these targeted moves, Asyad aims to ultimately redraw the global trade map.
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.
I threw in a healthy dose of interesting (globalization, shipping trends and the business of logistics), a dash of history (the evolution of longitude), a sprinkle of next generation manufacturing (lean manufacturing) and some great company success stories (FedEx, Walmart. I think you’ll like the list too. trillion dollars worth of goods.
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.
More Resources Home September 13, 2023 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.
Immediately afterward, a group of experts privately argued that forecasting is precisely where AI models tend to hallucinate the most. The key for us at Freight Right, a freightforwarder that has always gone tech-first, is identifying the problems that lend themselves to these solutions. But Only if Used Right.
More Resources Home July 16, 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.
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 An Oregon freight-forwarder was hit with an export ban in what officials said was a warning to companies to heed restrictions on the shipment of sensitive technologies to countries the U.S.
But real progress isn’t always so apparent in freightforwarding. So Deutsche Post CEO Frank Appel created the innovation unit, which researches megatrends, micro-trends, partner performance and customers, and also has the resources to devise and implement new ideas. . – James Joyce.
UK-based logistics website with exceptional content and unique opinion pieces, often centered around shifting technology trends. So much so that it is split into seven topics – aircrafts, airports, capacity and demand, carriers, freighttrends, traffic and viewpoints. Air Cargo World. ACWmagazine. SupplyChainBrain.
We became a leader in air freightforwarding through our extensive experience and global industry network. Our team at DGL has more than 150 years of combined freightforwarding experience, with an average employment of more than 15 years. In September, air freight shipments rose 9% YOY according to AITA.
In addition to the Houthi threat to Red Sea traffic – which he thinks could persist even after an end to the Israel-Hamas war – he listed tensions in the South China Sea, as well as a general trend toward protectionism at the expense of the type of globalism most have gotten used to as possible threats to global trade’s status quo.
There is no trade without logistics and poor logistics often means poor trade,” said Huxiang Zhao, President of the International Federation of FreightForwarders Association. However, this trend reversed in 2016, and the gap between the top ranked countries and those at the bottom of the scale widened. Source: WorldBank.
Key Trends in Transport Logistics , RWTH Aachen University & Transporeon). To ship their products, these companies are issuing freight tenders by fax and email, and placing freight orders by phone and email. Shippers should digitally network with transportation service providers. or Is This Just Hype?
He is passionate about the freight and logistics business, and his podcast brings together industry leaders to discuss the hot topics and trends in logistics. BIFA hopes that Sam’s story will inspire and empower young forwarders to consider their next steps in the industry. 00 GMT/15.00 00 GMT/15.00
By Jeff Berman, Group News Editor ·. National less-than-truckload carrier Old Dominion Freight Line (ODFL) provided guidance for key operating metrics for November. Jeff Berman, Group News Editor. Jeff Berman is Group News Editor for Logistics Management , Modern Materials Handling , and Supply Chain Management Review.
The economies in Asia and Latin America posted a relatively high growth rate in May, say analysts for Kuehne + Nagel Group. According to the “gKNi World Trade Indicator,” powered by LogIndex – the Group’s data company – this trend is expected to continue in June. The highest rate of increase is predicted for China. June 5, 2018.
In the constantly-changing global economy, one of the most important moves that institutions must make in order to become a brand is to determine their target group and reach this target group to ensure that customers remain loyal to the brand. A wave of digital disruption is about to hit sea and air freightforwarders.
The launch of the Ocean Buying Group promises to provide an innovative ocean freight procurement solution for shippers with enhanced purchasing power, service monitoring and cost transparency. He lives and works in San Francisco, providing readers with a Pacific Rim perspective on industry trends and forecasts. Subscribe today.
Deutsche Post DHL Group continued its positive business performance of previous years also in the first quarter of 2018. Reported Group revenue was EUR 14.7 On an organic basis – after adjusting for currency and portfolio effects – Deutsche Post DHL Group increased Group revenue by a substantial 6.4%.
Ocean Insights also offers unique data analytics, providing customers advanced insight into unforeseen events and overall shipping trends. Headquartered in Germany and founded in 2012, Ocean Insights pioneered ocean freight visibility by combining carrier data, live vessel tracking and sailing schedule data in one data-rich platform.
LCL or Less Container Load, also known as Groupage is a mode of sea freight shipment. In such instances, the freightforwarder will consolidate LCL shipments going to the same destination in a single container. . When a shipper does not have enough consignment to fill up a single container, it’s called Less container load.
Deutsche Post DHL Group can look back on another very good financial year. The Group’s operating profit climbed by 7.2% Group revenue was up by 5.4% Deutsche Post DHL Group has applied the IFRS 16 accounting standard with effect from the beginning of 2018. billion in the 2017 financial year. billion to this total.
We became a leader in air freightforwarding through our extensive experience and global industry network. More About Dedola Global Logistics – DGL Our team at DGL has more than 150 years of combined freightforwarding experience, with an average employment of more than 15 years.
Prior to joining Rickmers, Widdows was group president and CEO of Neptune Orient Lines, the parent company of APL. He lives and works in San Francisco, providing readers with a Pacific Rim perspective on industry trends and forecasts. Importing and managing the logistics of your precious freight is no easy task.
By Jeff Berman, Group News Editor ·. Jeff Berman, Group News Editor. Jeff Berman is Group News Editor for Logistics Management , Modern Materials Handling , and Supply Chain Management Review. Importing and managing the logistics of your precious freight is no easy task. September 18, 2018. reading (2015=100).
To gain a sharper picture of what ecommerce-related technologies logistics professionals should be watching, we reached out to industry experts to develop a short-list of trends and solutions that need to be top of mind for today’s logistics professional. This shortage trend alone should accelerate interest in driverless trucks.
Ordering in trend has raised the stakes in the food supply chain. The dining in trend is hot and expected to keep on growing. What’s driving the trend? How Does This Trend Affect Restaurant and Food Companies? How Does This Trend Affect Restaurant and Food Companies? April 1, 2018 ·. By Nigel Duckworth.
He has been part of the GEFCO Group for the past 10 years, having joined the business in 2011 as a supply chain analyst. I’m immensely proud to be entrusted with leading the GEFCO UK FVL team as the company looks to innovate its product offering, respond to emerging trends and deliver for customers.”.
CaseStack & Hub Group. Hub Group, Inc. (“Hub Group”; NASDAQ: HUBG ), an innovative leader in freight transportation management, announced that it has entered into an agreement to acquire CaseStack, Inc. The CaseStack team is excited to join Hub Group,” said Dan Sanker , CEO and founder of CaseStack. “We
Brittany Ferries , the largest ferry company operating under the French flag, and the CMA CGM Group , a world leader in shipping and logistics, have announced that CMA CGM has agreed to make a €25m investment in Brittany Ferries, including €10m in quasi-equity. Through this agreement, both groups will be able to introduce new roro services.
The Young Forwarder Network was launched in March 2019 to create several regional networking groups, run by young forwarders and designed to help early talent and young BIFA members develop their knowledge and professional skills, but in a more social environment.
Then came Ocean Alliance, which includes CMA-CGM, Cosco Group, OOCL and Evergreen. Keep in mind that by April 2018, shippers will see even more changes in the configuration of ocean partnerships as Japanese shipping groups K Line, MOL and NYK merge their businesses into Ocean Network Express, or ONE. Unstable pricing.
Palletways Group pallet movement figures across Europe identify a 16% jump in pallets in the three months leading up to and including the 2021 football European Championship Final, compared to usual summer pallet movement trends. FMCG goods from factory to consumer on time and in line with demand.
5 benefits of the expressive bidding approach to freight RFQs # 1: Synergies through individual lane bundling We know the situation from the spot market: In the event of missing connecting loads or to avoid empty runs, freightforwarders offer a shipment partially below cost.
This trend was experienced among both semi-skilled and skilled workers. Tisha Danehl of The Adecco Group in Chicago argues that companies are upskilling and finding new talent in a more friendly labor market. The industry must contend with a trend towards automation of essential operations. Automation and the Future.
Late 2021 saw Maersk continue to shift towards vertical integrations, with acquisition of Senator, a German freightforwarder for $644 million dollars. While Facebook is looking at virtual reality, Alibaba and Amazon are looking more at freight. Accelerating the shift. But what does this mean for shippers? What’s next.
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.
DHL Global Forwarding, the air and ocean freight specialist of Deutsche Post DHL Group, is deploying a second dedicated Boeing 747-400 Freighter to connect the US, Europe and Asia. On major trade lanes volumes are high, but capacities are low – a trend that will continue. www.dpdhl.com.
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