freight forwarding Archives - Maritime Shipping News

White Paper: Embrace the future of logistics with emerging tech

15 April 2024

Tired of inefficiencies eating into your profits? Frustrated by customer demand outpacing your capacity? You’re not alone. The supply chain is changing rapidly, and falling behind is a risk no airline or freight forwarder can afford.

The good news? A new era of emerging technologies promises to optimize freight and cargo operations. Using these tools, you can:

Maximize cargo capacity on flights
Improve routing efficiency
Boost on-time performance metrics

But realizing these gains is far...

https://www.freightwaves.com/news/white-paper-embrace-the-future-of-logistics-with-emerging-tech

Was evil afoot in 1970s freight forwarding?

30 August 2023

FreightWaves Classics is sponsored by Old Dominion Freight Line — Helping the World Keep Promises. Learn more here.

Every week, FreightWaves explores the archives of American Shipper’s nearly 70-year-old collection of shipping and maritime publications to showcase interesting freight stories of long ago.

This article from the December 1976 issue of American Shipper details a possible oversight by the U.S. government in an ocean trades investigation.

Forwarders remain aloof as probe continues on...

https://www.freightwaves.com/news/was-evil-afoot-in-1970s-freight-forwarding

Brokers, forwarders adjust course as market softens

18 May 2023

A decline in freight volumes, geopolitical concerns and cost inflation were top of mind for customs brokers and freight forwarders, according to Descartes’ eighth annual benchmark survey.

Of the 272 participants polled by the supply chain software-as-a-service provider, most noted that while overall freight demand has fallen, shipment sizes have continued to increase, albeit at a slower rate than last year.

Twenty-nine percent said shipments were more than 5% larger than last year while 25% said...

What to look for in a neutral NVOCC

17 April 2023

Insights presented by Shipco Transport.

As technological innovations continue to accelerate, increasingly powerful digital solutions have made almost every aspect of the logistics industry’s supply chain businesses more efficient than ever before.

Many would say this is a good thing for international transportation, a sector where technology and digital solutions power back-end operations, product offerings and powerful combinations of both hardware and software to support the movement of goods.

S...

https://www.freightwaves.com/news/what-to-look-for-in-a-neutral-nvocc

Radiant Logistics completes restatement of financials

28 March 2023

Radiant Logistics announced on Monday full quarterly results for the first time since May 2022. The Renton, Washington-based 3PL has been mired in a financial restatement process tied to revenue and expense recognition for in-transit shipments.

The process delayed the financial filing for multiple periods as prior-year results were being reviewed. The company was resolute all along that the net impact from the restatement process would be minimal.

“Why in the world would the company pay its...

Amazon’s Former Logistics Guru Aims to Repeat Growth at Flexport

28 February 2023

By Lisa Baertlein LONG BEACH, Calif., Feb 28 (Reuters) – The former Amazon.com Inc executive who oversaw the e-commerce company’s transportation network buildout for its sellers, now aims to do the same for rival shipping customers as chief executive of logistics startup Flexport. “I wanted to … do it again for everyone else,” said Dave Clark, the former Amazon executive who will become Flexport CEO on March 1 after spending six months as co-CEO. Getting big is the key to success, Clark said at...

https://gcaptain.com/amazons-former-logistics-guru-aims-to-repeat-growth-at-flexport/

Check Call: Importing and exporting not always same thing

21 February 2023

Welcome to Check Call, our corner of the internet for all things 3PL, freight broker and supply chain. Check Call the podcast comes out every Tuesday at 12:30 p.m. EST. Catch up on previous episodes here. If this was forwarded to you, sign up for Check Call the newsletter here.

Inside this edition: Showdown between freight forwarders and customs brokers; FMCSA’s new regulations; and shiny new purchases for Overhaul and DHL.

Customs brokers vs. freight forwarders. Often these words are...

https://www.freightwaves.com/news/check-call-importing-and-exporting-not-always-same-thing

White Paper: Automating Freight Forwarding Processes with CargoWise Workflow

20 October 2022

This training guide was made to help freight forwarders utilize the productivity capabilities of CargoWise. Provided courtesy of the team at Logixboard and their partners, this guide covers:

• 5 key CargoWise workflow features, and how and when to use them
• The importance of auditing your...

https://www.freightwaves.com/news/automating-freight-forwarding-processes-with-cargowise-workflow

Warehouse rents near cargo airports skyrocket, report says

12 October 2022

A forklift operator picks up pallets in a warehouse.

Rising expectations for fast delivery of high-value products has fueled demand for near-airport warehouses and forced tenants to pay substantial rent premiums compared to other industrial spaces in large metropolitan areas, according to a new report from CBRE.

The Dallas-based commercial real estate services and investment firm found that average rents for warehouses within a 5-mile radius of major airports are 18.8% higher than the average for the region. The analysis covered the 20 busiest...

https://www.freightwaves.com/news/warehouse-rents-near-cargo-airports-skyrocket-report-says

Digital freight forwarder Shifl builds index of ocean shipping rates

6 June 2022

Digital freight forwarding platform Shifl announced Monday it is launching its own rate index to bring better visibility to its customers that have been experiencing a volatile market, with rates that were close to $20,000 for a full 40-foot high cube this time last year dropping to below $10,000.

The new ocean spot rate index, Shifex, is based on actual freight quotes and shipments handled by Shifl with its carrier network moving cargo from China to New Jersey/New York or Los Angeles.

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