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Helpful Articles - Freight

In 2020, the size of the ocean freight market was estimated at 64 million TEUs.i It’s hard to imagine the sheer magnitude of that volume of freight. However, consider the fact that AT&T Stadium, home of the Dallas Cowboys, has an interior volume of about 76,740 standard TEUs.ii  To understand 64 million TEUs, imagine filling 834 professional football stadiums.  In other words, the global ocean freight market is massive! In this article, we’ll talk about the biggest players in the market so you can get a sense of who’s operating in this field.   Since we have a particular interest (and expertise) in Pacific lanes, we’ll start by discussing the...

As you’re optimizing your supply chain, you may compare  freight modes and wonder if you’re using the right mix for your business.   Below, we’ve rounded-up statistics and data on air, rail, ocean, and over-the-road freight. By perusing these numbers, you’ll get a sense of how other companies are leveraging modes within the United States and across the globe. You may also gain some new insights around mixing up your freight modes to support your organization’s goals and your budget. First, we’ll start with some stats on U.S. domestic freight.  How Far Does Freight Move in The U.S.?  As you may know, some modes of transportation are better suited for longer distances, while others shine at short distances. As...

Port BackupsA record-breaking number of ships waiting to dock at the Ports of Los Angeles and Long Beach. A record-breaking number of ships waiting to dock at the Ports of Los Angeles and Long Beach. read more Stranded ContainersA record-breaking number of ships waiting to dock at the Ports of Los Angeles and Long Beach.  Big retailers chartering dedicated vessels to bring stranded containers of goods over from Asia. read more Price IncreasesA record-breaking number of ships waiting to dock at the Ports of Los Angeles and Long Beach. Cargo prices anywhere from five to eight times higher than a year ago. read more That’s the current state of the global ocean freight industry....

Innovation drives supply chain optimization. As you’ll see in the profiles of these six forward-thinking companies, fresh ideas can create new efficiencies, solve persistent problems, and open the door for new opportunities in supply chain effectiveness.   We’ll look into the latest advances in logistics hardware, software and strategy. Plus, a peek at what’s coming down the road in the industry. You may discover some new ideas to power your own supply chain—or you may get inspired to create innovations of your own!  Attabotics: Reimagining the Warehouse  read more Inspired by the efficiency and structure of ant colonies, Attabotics is using robots to take the warehouse in a new dimension: up.  What if you could reduce the footprint of a warehouse from 1.5 million square feet to just 340,000—and...

If you don’t work in freight or logistics, you might not think much about how the everyday products we rely on get to the shelf. However, if you do work in the industry, you likely have an appreciation for the intricate dance between suppliers, manufacturers, carriers, and retailers that ensures we have everything we need to live, work, and play.   That said, it’s challenging to appreciate the full magnitude of the industry, the sheer volume of goods that get moved, and the impact on the global economy. Below, you’ll find 12 surprising statistics that reveal just how huge the freight and logistics industry really is, both in size and importance. (In fact, some of them might even surprise veterans of the industry!)  0%of international goods estimated to move by sea...

Updated: 5/25/2023 “Limited capacity and volatile rates” was the main headline for much of 2020 where the air freight market was concerned. As airlines canceled passenger flights and orders for PPE and essential supplies spiked, the cost to send goods via air freight hit new highs—and held firm for quite some time.   At the start of 2023, we’re seeing a different picture emerge. Capacity is recovering. An analysis from CLIVE Data Services revealed that, in February 2023, air cargo capacity finally rose above pre-pandemic levels. Volume in February 2023 was still below pre-pandemic levels, though—7% less in chargeable weight, as compared to 2019. And...