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Editors Note: The following is an excerpt of a research report published recently, The State of Digitization in Freight Forwarding 2025. The research, conducted by Adelante SCM and commissioned by Magaya, highlights digitization trends and priorities in the freight forwarding industry.
When people refer to “Ugly Freight”, they’re typically referring to challenging items that give logistics managers headaches because they don’t fit neatly into standard shipping containers or onto regular pallets.
Today marks a pivotal moment for the transport industry as Women in Transport launches its second annual Women in Transport Equity Index Survey , a global benchmark for tracking diversity and equity in the transport sector. Equity and diversity are vital to the future of transport, and we’re proud to lead this essential work.”
Brenny shares insights into her Minnesota-based company, which hauls unique freight like granite for the Smithsonian and steel bases for windmills, and how they support their drivers through transparent lease purchase programs and customized trucks. Christopher’s Trucker Relief and Development Fund. Joseph, MN, in 1996. Scholastica.
Jim has had a 35-year career in marketing and communications, including 25+ within the logistics industry. Jim has worked with both smaller, regional logistics companies and multi-billion dollar global firms, all of whom benefit from his unique combination of marketing expertise and logistics industry knowledge.
Prior to joining Reliance Partners, Paluzzi established, led, and deployed industry leading technology teams and transformative innovations across high-growth startup environments as well as multi-billion dollar enterprises. Freight-Tech 100 recognizes the most innovative and disciplined companies in freight.
Körber’s Business Area Supply Chain serves various industries, such as retail, e-commerce, pharmaceuticals, and logistics. The division has a strong focus on research and development, constantly innovating to meet the evolving needs of the supply chain industry. Episode Sponsor: Greenscreens.ai The Greenscreens.ai
Port Everglades’ landside operations resumed Thursday morning and waterside operations are expected to resume Thursday, pending channel and berth damage surveys. If issues persist longer than a week, other parts of the retailer’s network will absorb that freight.” Fortunately, the logistics industry is relatively calm.
More Resources Home Innovative Synergies: Logistics Tech Lessons from Other Industries Judah Levine May 23, 2024 Though the logistics and supply chain industry has made and continues to make a lot of progress in its digital transformation, it has a reputation for being part of the late majority or even a laggard in terms of digitalization.
The supply chain industry has also been affected severely. There has been a massive drop in cargo volumes, congestion both on land and at sea, job losses etc, although ironically this is one of the industries that has and is helping to fight this pandemic by ensuring the movement of essential goods like medical supplies, food and PPE.
According to data from the industry, there are a lot of claims related to perishable shipment by all means of transportation. Marine Cargo Survey Practices. A Cargo surveyor is normally appointed by the Cargo Owner, but he may be appointed by the cargo receivers, ship owners, insurers, or any other stake holder in the industry.
The chemical industry serves as support for many other industries, like agriculture, automotive, construction , and pharmaceuticals. Chemical manufacturers often process raw materials into refined products used in other industries or within the chemical industry. Logistics Operating Costs in the Chemical Industry.
Also expected to throw a wrench into the works in 2025 is an anticipated shift to a more carrier-friendly freight market by the second quarter of the year.
After several record setting years, 2023 saw shifts to the freight market. How did the 2023 freight market affect shipper and carrier businesses? Carriers are still concerned about low rates, operating costs, and low freight volumes hurting their businesses. Most look to continue to put most of their freight on the spot market.
Glenn Taylor | Sourcing Journal November 02, 2023 In an improving sign for the retail supply chain, the majority of shippers surveyed by third-party logistics (3PL) provider BlueGrace Logistics—64.4 The index correlates growth or shrinkage to overall industry volume of freight shipments and product prices. “We
What does the oldest company on the top ten global technology companies have to do with freight? Here’s What This Has To Do With Freight. The digitization of the freightindustry is about improving speed and efficiency. . We mystery shopped the twenty largest freight forwarders for FCL, LCL and air online quotes.
Despite Hapag-Lloyd’s earnings report from earlier this week, market research firm Xeneta’s latest analysis of the shipping industry indicates freight rates have finally peaked, after skyrocketing throughout the first half of 2022, and will normalize throughout the rest of the year. The Evidence.
In their latest Global Freight Forwarding report , Ti assessed whether digital platforms, digital forwarders, and freight marketplaces were existential threats to traditional forwarders. The report concluded, unsurprisingly, that digital platforms are enablers removing inefficiencies long plaguing the industry.
Specifically, raw material and product shortages are affecting the chemical industry. With many other industries relying on the chemical industry, this is becoming a significant challenge to overcome. Shortages in the chemical industry have worsened over the last quarter. MATERIAL AND PRODUCT SHORTAGES.
2020 threw at us a potent concoction of virulent market conditions including a pandemic, skyrocketing freight rates, reduced availability of space and equipment on container ships, unprecedented demand and port congestions along with the usual documentation and visibility issues that we have been facing for years. Take the survey.
Personal shippers and businesses should be taking advantage of the opportunities presented by the existence of freight forwarders. For example, a recent survey of 100 randomly selected people showed that many are not conversant with shipping industry terminologies, let alone the services. So, what is freight forwarding?
For companies involved in shipping freight, the combination of order-level management and cost to serve analysis can be a game-changer. By analyzing detailed cost breakdowns, companies can identify and trim unnecessary freight costs. It offers a holistic view of operational efficiency, cost structures, and customer satisfaction.
Many of those employed in logistics understand that the industry has a certain level of complexity with day to day movement of freight. When dealing with project freight, it can be very tricky at times. While every shipment requires close attention to detail and care, project freight can be a different beast altogether.
More Resources Home Red Sea Crisis and Early Peak Season Surge Disrupt Global Supply Chains for some SMBs Judah Levine July 24, 2024 Since early May, supply chains have faced significant disruptions due to congestion caused by Red Sea diversions and an early start to ocean freight’s peak season.
And one of the easiest ways to keep up-to-date with the latest news and trends is to follow the available top freight podcasts. Managers, team members, and anyone involved in freight tracking, shipping, logistics or management can benefit from the information and insight provided in these great freight, logistics, and supply chain podcasts.
A 2021 Peak Shipping Season survey conducted by Edelman Intelligence found hiring to be a strong concern among supply chain decision makers with 90% having a strong need to increase hiring to account for peak season and beyond. Higher freight volumes. Download the Report: 2021 Peak Shipping Season Survey. Download Report.
The rise of new natively-digital freight brokers like Uber Freight and Convoy has disrupted freight and ignited an urgency for traditional freight brokerages to transform digitally. We’ve surveyed both our customers and industry analysts to discuss the spectrum of capabilities. What do they do?
The rise of new natively-digital freight brokers like Uber Freight and Convoy has disrupted freight and ignited an urgency for traditional freight brokerages to transform digitally. We’ve surveyed both our customers and industry analysts to discuss the spectrum of capabilities. What do they do?
The Top 6 Stories in Freight. The hottest stories in freight can be found here, in the Weekly Freight Report: 1. FREIGHT CHART OF THE WEEK: If you look at one chart this week, make it the outbound tender volume index. It’ll show you exactly what’s going on in North American freight. Get the full details here.
Expedited Freight Questions Answered Show Submenu Resources The Logistics Blog® Newsroom Whitepaper Case Study Webinars Indexes Search Search BlueGrace Logistics - November 10, 2023 Whether your organization uses expedited freight shipping every day or occasionally, it pays to understand how to use these services as effectively as possible.
The manufacturing industry faces many challenges, such as a skilled labor shortage, supply chain instability, and inventory management issues. Here are the challenges we’re seeing across the industry, and what they mean for your supply chain and your shipping processes. 5 Challenges Facing Supply Chain Managers in Manufacturing.
Robinson experts provided in-depth analysis of current supply and demand trends, our updated forecast, and the impact of global import volumes on North American freight transportation. Is the shortfall in drivers going to advance the push to self-driving, long-haul freight operations? webinar, C.H.
In general, the companies in the meat industry have among the most to gain from improving their freight efficiency, and we estimate that food companies with average margins and an average relative freight spend could save $300 for every $1 million in revenue by improving freight efficiencies by 1%. Request a SONAR Demo.
It adds that by analyzing revenue forecasts, inventory levels, and order volumes, the index provides industry stakeholders with valuable insights into what to expect in the next quarter and how these trends reflect the freight market. BlueGrace SVP of Managed Services Jason Lockard said that the 5.9%
As a result, nearly every industry has created on-demand metrics to gauge market performance, hedge risks, and to power intelligent decisions. But despite its size, containerized freight’s poor visibility persisted. Prices for everything and anything are subject to change and freight rates for containers are no different.
With all industries understanding its importance have moved ahead with digital and online platforms, the freight forwarders have also embraced the technology. In a recent survey, it was said that around 92% of freight forwarders are partnering themselves with technology to optimize their processes and to add value to customers.
The global supply chain is routinely beset by challenges, both large and small, but the past couple of years have delivered a string of significant logistics disruptions that have threatened to upend the tightly choreographed dance of global freight transportation. That’s starting to change. More and more large U.S. In the U.S.,
For stakeholders navigating this environment, understanding key industry drivers, challenges, and future trends is critical for crafting effective strategies. Industry Drivers of M&A Activity Sustainability and Electrification The global commitment to achieving net-zero emissions is reshaping investment priorities across industries.
According to Richard Howells of Forbes , the 2020 Oxford Economics survey found “49% of supply chain leaders (the top 12 % of respondents) can capture real-time data insights and act on them immediately, while 51% use AI and predictive analytics to capture insights. Freight market data size consistency matters.
Kevin has an MBA from the University of Oklahoma and was a freight broker. 1500 carriers have been surveyed. ? Topic Takeaways: Create and nurture relationships with individuals and businesses in your industry. download the audio file. He also worked on Wall Street using business intelligence to inform mergers and acquisitions.
A Freightos survey of 300+ companies sheds light on how importers have been navigating supply chain disruptions. You might not think about shipping containers and ocean freight when you click “buy” on your Amazon order, but there’s a direct connection between the two. What’s changed in a year? Let’s talk numbers.
COVID-19 has sent shockwaves through the global supply chain and freight ecosystem, resulting in a highly volatile and uncertain landscape. While freight activity and product demand plummeted, e-commerce sales skyrocketed, putting new pressure on impacted suppliers, and experts called into question the agility of our supply chain.
When asked about this for the 2021 MHI Annual Industry Report , 53% of the supply chain professionals surveyed said they are investing in robotics and automation technologies, while 54% are investing in cloud computing and storage. Freight document management is sped up dramatically by incorporating AI into the process.
2024 is shaping up to be a challenging year for the shipping industry. Soft pricing, lower demand, and economic uncertainties are creating a complex landscape, and the shipping industry is gearing up to face these issues head-on. As we turn our attention to Lunar New Year in February 2024, the survey paints a muted outlook.
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