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Ocean Rates Down 42% From Nov. 2016: Freight Rate Update W47
The Biggest Gap On Last Year’s Ocean Prices So Far This Year Fittingly, while ocean rates are taking a deep dive, air freight rates are still soaring, bolstered by strong e-commerce and limited capacity. On...
The Digital Age Is The New Competitive Arena For 3PLs
This contributed article by Erik Hofmann, Chair of Logistics Management, University of St.Gallen and Florin Osterwalder, Lampe & Schwartze Marine Underwriting, Bremen is based on their recently published research paper. 3PLs provide a wide range...
Thanksgiving, And Carriers Are Thankful. Freight Rate Update W46
Freight Rates Are Down, But Carriers Have Something To Be Thankful For. The annual peak season rush typically sees spiking freight rates well into November. The rush is still there this year. Shipments are up...
At Long Last Ocean Freight Rates Are Rising: Freight Rate Update W45
A Tale Of Two Cities, But At Long Last Ocean Freight Rates Are Rising. Dickens may not have had freight on his mind but for peak season…it’s truly the best of times and the worst...
The Tesla Semi Truck Will Change Freight Industry
Freight innovation frequently focuses on moving data better – like visibility, eBookings, and the new generation of forwarders and brokers. But changing infrastructure is no less critical. Which is why one of technology’s most respected...
The Salvation Of Peak Season? Freight Rate Update W43
It’s the height of peak shipping season and despite a decidedly lackluster October, many carriers have scheduled general rate increases (GRIs) for November. And they couldn’t come sooner; China-US West Coast prices last week were nearly 30%...
What’s Holding Back Customer-Centric Air Cargo?
As the cream of air cargo’s innovators held turns on the floor, this question came up time and again. The recurring answer? The industry’s mindset is holding customer-centric air cargo back. And, as if choreographed,...
Freight Rates Still Down, But Is There Change In The Air?
It’s the peak of peak season. But over the past eight weeks, China export rates have decreased nearly every week. Beyond that, China-US East Coast rates have now declined for seven consecutive weeks, while four...
The Logistics Of Fidget Spinners: Amazon vs Alibaba
Amazon has 27 airplanes and 258 supply chain facilities in the United States. Alibaba just announced $15 billion dollars to be invested in its global logistics network. Meanwhile, brick-and-mortar stores shut down in droves. Just this April, Credit Suisse reported that...
The Peak Season Surcharge That Wasn’t
This article originally appeared on Zvi’s LinkedIn page. I spent last week traveling around Asia (6 cities in 6 days!) and one of the recurring themes I heard was shock from carriers about flagging rates. This goes...