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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.
For stakeholders navigating this environment, understanding key industry drivers, challenges, and future trends is critical for crafting effective strategies. In response, major freight operators have recently acquired advanced battery technology firms to accelerate fleet electrification.
The company faces an emphasis around technology and has been the only insurance agency recognized on the Freight-Tech 100 list each year since its inception. Freight-Tech 100 recognizes the most innovative and disciplined companies in freight. Key Takeaways: The CTO Perspective. and fear of missing out (FOMO).
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 freight industry is about improving speed and efficiency. . This trend moved forward in exciting ways in 2019. Neither are freight forwarders. .
However, their predictions are based, in part, on a survey of more than 250 global shippers and logistic service providers. The survey covered what technologies they are currently using as well as their planned investments. In transportation, digital freight procurement and asset tracking & data mining are in broad use.
Global Logistics Trends 2025 Navigating Key Logistics Trends for High-Value Importers Sourcing from China and Beyond Listen to Our Analysis Your browser does not support the audio element. The era of chasing the lowest freight rate is over; today's importers need resilience, transparency, and strategic foresight.
The disproportionate increase in freight volume compared to capacity availability inevitably sent freight prices skyrocketing across all major trade lanes, causing widespread anxiety amongst shippers. The congestion also has to do with a trend reversal in economic trade activity.
Logistics Trends & Insights LLC, an Atlanta, Georgia-based consultancy, is conducting its third “Evolving Freight Forwarding Survey," and invites LM readers to participate.
After several record setting years, 2023 saw shifts to the freight market. How did the 2023 freight market affect shipper and carrier businesses? Business Impact – Could Have Been Better Even with the change in consumer demand trending downwards throughout 2023, most shippers answered that their year was good overall.
The results have been tabulated for the 68th annual Survey of Distribution Operations. By identifying the most pressing concerns in the industry, the survey provides statistics and conclusions which the distributors can use to help maintain their business evolution in our technology based world. Demographics. Best Practices.
Jabil sponsored a global Dimensional Research survey to capture hard data on current experiences, challenges and trends with the supply chains of electronics manufacturing companies. The results show some of the biggest supply chain management trends in supply chains for 2015.
More Resources Home The Red Pill: The (Slow Yet Steady) Revolution in Global Freight Digitization Eytan Buchman April 15, 2024 Dive deeper into freight data that matters Learn More The March 26th Francis Scott Key Bridge allision feels shocking. Surely all the technology and guardrails should prevent this type of disaster.
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.
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.
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. FREIGHT CHART OF THE WEEK: If you look at one chart this week, make it the outbound tender volume index.
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.
Technology Trends for the Logistics Industry. Those that want to embrace the latest, cutting-edge technologies should consider these popular trends, and the impact they have on the future of logistics and supply chain management. The post Logistics Technology Trends: The Rise of the Machine appeared first on Freightos.
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. On LinkedIn , I asked my network what they thought were the top freight podcasts in the industry. Join FreightWaves’ hosts Dooner and The Dude twice a week as they discuss all things freight.
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%
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? During our Q3 Market Insights Live!
The Initial Hurdle: 2021’ Freight Fiasco During the COVID-19 pandemic, Conor from Fort Toys , like many other entrepreneurs, found himself dealing with skyrocketing demand… and skyrocketing freight costs. This trend was a while in coming. The key takeaway? One challenge appears to have been replaced with another.
Freight Forwarding And Digital Customer Service Five Years From Now. Today, talking with an account manager about freight seems obvious. This post takes one aspect of logistics – freight customer service – to see how technology proliferation will impact the shipper/forwarder relationship in five years. Take trucking.
The latest information coming from freight forwarders and experts in logistics points towards the expectation that US imports will remain high throughout October 2020. Based on current trends and indicators, it is anticipated that imports will remain strong for the rest of the year. Guaranteed product. Spot Rates: Asia + East Coast.
A look at the supply chain trends and technology that will come into play in 2018. While predicting the future is never an easy task, in order to be competitive all businesses need to be able to accurately anticipate what trends will affect them in the coming year. The Uberization of Freight. Investing in Innovation.
Last month, Adrian Gonzalez’s blog post on value-added services for third-party logistics providers (3PL) provided statistical evidence from a survey that supports the transformational trend in the trade and logistics space.
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.
According to a 2020 survey by ATRI , 20.6% With access to a wide range of loads and valuable information on that freight, it becomes much easier to maximize revenue generating miles. Robinson work with many “shippers of choice” on live load freight to help ensure processes are optimized for minimal dwell time.
Editor's Note: Today's blog is from our friend Kevin Hill with Quality Scales Unlimited who shares his expertise regarding the key trends in supply chain and transportation management. . 6 Key Trends in Supply Chain. 6 Key Trends in Supply Chain. Stagnation of Air Cargo and Sea Freight Rates. Smart Technology.
As a seasoned professional with 30+ years of experience in this ever-evolving sector, I am excited to share my industry insights and provide commentary on the latest news and trends shaping the landscape. Joe Jaska, Executive Vice President Land Transport, Americas region, for DB Schenker Tackling Freight Fraud So, check this out.
In 1973, the ATA introduced the Truck Tonnage Index, a monthly estimation of the total weight of freight transported by truck in the United States. The ATA creates the tonnage index through a series of surveys of its members. This process allows analysts to map clear trend lines of tonnage growth or loss over time.
Supply chains across the globe need a better mousetrap to keep freight spend under control and efficiently manage freight. According to a 2017 survey of supply.read More.
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.
The implication for global freight beyond the now typical uncertainty is predictably elevated operational costs and soaring freight rates. It converged with a trend of both airlines and ocean liners investing far more heavily in their fleets over the past fewyears. The regression in pricing wasn’t just due to lower demand.
In the world of trucking, a sector already feeling the financial pinch, there’s an expectation that both freight orders and revenue will decrease during the upcoming holiday season. The global shipping industry, dealing with a “freight recession” this year, is poised to face continued challenges in 2024.
More Resources Home June 4, 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. America weekly prices decreased 5% to $5.43/kg
More than a year into a freight capacity crisis that shows little sign of weakening, it’s time for all parties involved in logistics and freight transportation to meet this issue head on. Freight Capacity Crisis: How Did We Get Here So Quickly? And then freight volumes took off, which has left everyone struggling to keep up.
Christoph Hemman, EVP Head of Airfreight Americas Region, DB Schenker said, “These trends directly impact the airfreight industry, which relies on both passenger and cargo planes to get goods from point A to point B. When passenger planes were grounded during the pandemic, for example, air freight capacity shrank accordingly.
billion in June, up 8 percent year over year for the month, with delivery surging, ship-to-home sales showing strong results, and pickup sales holding steady relative to last year, according to the Brick Meets Click/Mercatus Grocery Shopper Survey. The delivery category jumped to $2.9 billion for college students and $38.8 At least in the US.
While the average rollover rate for April across all surveyed ports and carriers was 39%, individual ports that account for a significant portion of maritime cargo posted even worse results. Furthermore, rates are almost universally trending upwards, and well above the levels posted during April 2020. Media Contact. Charlie Pesti.
The Digital Freight Ecosystem. Part 2: What’s Bringing Freight Online. In the first part of this article , Dr. Schreiber observed that freight is still largely offline and examined why freight digitalization has been so complicated. . Bringing Freight Online In The Carrier Space. By Zvi Schreiber, CEO, Freightos.
Revolutionizing the Industry: Discover the Top 3 Logistics Trends for 2023! We’ve created this list of the top 3 logistics trends for 2023 to help you on your way to supply chain sustainability. According to a survey, 71 percent of those involved in the supply chain agree fully with this observation.
Ultimately it comes down to whether shippers want to manage their freight spend in-house or outsource it. A TMS offers optimization capabilities across multiple modes to improve service levels and reduce freight spend. This survey-based research gathers quantitative data as well as information on practices or performance drivers.
IAG Cargo today shared the findings from a global survey of more than 400 freight forwarders in 47 countries on perceptions of the air cargo industry this year. The report, Cargo Next, identifies the key trends and expectations of freight forwarders within the next 12 months.
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