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On The Ultimate Logistics Podcast - Cargoholic, we discuss the journey of leaders in logistics, the disruptions being witnessed today and the future of the industry. The perspectives of all stakeholders of the supply chain are discussed on relevant topics, from shippers, freight forwarders and carriers to startups, consultants and the government.
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This month, we discuss the top 6 factors predicted to impact the air freight market in 2024. We discuss each of the six factors in detail, sharing our insights on the potential impact each will have on the market and what shippers and freight forwarders can do to prepare. Additional Resources: Access all 2024 Outlook material : https://hubs.ly/Q02b…
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This month, we debate the top 6 factors predicted to impact the ocean freight market in 2024. We discuss each of the six factors in detail, sharing our insights on the potential impact each will have on the market and what shippers and freight forwarders can do to prepare. We don’t hold back and promise you won’t want to miss this episode Additiona…
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This month, we take a look at 3 of the top global trades. We dive into how rates have developed, how we predict they’ll develop heading into 2024, and how carrier behaviors have impacted the spread between the spot and long-term market. Though there are similarities between trade lanes, it’s safe to say no two are the same- join us as we unravel th…
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The freight market is often seen as a complex game of risk management, where shippers and freight forwarders must navigate through various challenges and uncertainties. It requires a deep understanding of the industry, as well as the ability to leverage lessons from the past and unpredictable events to strengthen your strategy based on your sector.…
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Freight forwarders are facing an increase in tenders due to the low freight market and the impacts on volumes and demand, but there are still opportunities for business in this new market. Adjusting to the market requires agility, and though no one owns a crystal ball forwarders should utilize data to improve their offering and grow market share. I…
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In 2022 over 3 million TEU’s were exported from the SAEC with 70% of the container shipments being agricultural-related. These figures make the market not only essential but also a bridge between continents. In the latest episode, Peter Sand, Chief Analyst at Xeneta, discussed the significance of the South American container shipping business in a …
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In the latest episode, Peter Sand, Chief Analyst at Xeneta, discussed the top 3 challenges for procurement leaders with Bernhard zur Strassen, Chief Revenue Officer at SHIPSTA. Tune in to learn how data and technology can be leveraged to overcome market volatility. Key Highlights: Top 3 challenges for procurement leaders The evolution of supply cha…
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In the latest episode, Peter Sand, Chief Analyst at Xeneta, discussed the key aspects of the global reefer business with Thomas Eskesen, Founder of Eskesen Advisory. Tune in to learn key recommendations for future contract negotiations if you are struggling due to rapidly changing market and supply chain disruptions. Key Highlights The ripple effec…
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In this episode of Transportation Insights, Peter Sand, Chief analyst at Xeneta, discussed what digitalization means from a shipper or BCO perspective with Mr. Kris Kosmala, Partner at Click and Connect. The conversation reflected on ways in which digital solutions can be an enabler of sustainability in the supply chain industry. Kris also talked a…
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The Xeneta ocean & air podcast series is back to spice up your freight insights!! In this episode, Xeneta's Chief analyst, Peter Sand, is joined by Patrik Berglund, CEO and Co-founder at Xeneta, Niall van de Wouw, Chief Air freight officer at Xeneta and Emily Stausbøll, Market analyst at Xeneta, to debate top 7 factors that he suspects will impact …
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Heiko Schwarz, Chief Revenue Officer & Co-Founder at Riskmethods shares his perspective on what's key to crisis recovery and long-term supply chain resilience. • What trends and insights do you see in your risk intelligence data? • What will be the main challenges in the economic-recovery phase and long term? • How to manage and mitigate risk durin…
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Philippe Gilbert, President, Supply Chain Solutions at UPS shares his perspective on the changing face of supply chains in a post-COVID-19 world. 1. What are some anticipated new supply chain trends/change of practice coming out of this crisis? 2. Even though demand is returning, it will probably be a different type of demand. How do you anticipate…
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The monthly XSI® Public Indices report gives an indication of the global market movements in the container shipping industry focusing on the long-term market for the biggest regions in the world: Global index: 1. Far East indices (import/export) 2. Europe indices (import/export) 3. US Indices (import/export) Access the XSI Public Indices Reports (P…
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The monthly XSI® Public Indices report gives an indication of the global market movements in the container shipping industry focusing on the long-term market for the biggest regions in the world: Global index: 1. Far East indices (import/export) 2. Europe indices (import/export) 3. US Indices (import/export) Access the XSI Public Indices Reports (P…
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The monthly XSI® Public Indices report gives an indication of the global market movements in the container shipping industry focusing on the long-term market for the biggest regions in the world: Global index: 1. Far East indices (import/export) 2. Europe indices (import/export) 3. US Indices (import/export) Access the XSI Public Indices Reports (P…
  continue reading
 
The monthly XSI® Public Indices report gives an indication of the global market movements in the container shipping industry focusing on the long-term market for the biggest regions in the world: Global index: 1. Far East indices (import/export) 2. Europe indices (import/export) 3. US Indices (import/export) Access the XSI Public Indices Reports (P…
  continue reading
 
The monthly XSI® Public Indices report gives an indication of the global market movements in the container shipping industry focusing on the long-term market for the biggest regions in the world: Global index: 1. Far East indices (import/export) 2. Europe indices (import/export) 3. US Indices (import/export) Access the XSI Public Indices Reports (P…
  continue reading
 
The monthly XSI® Public Indices report gives an indication of the global market movements in the container shipping industry focusing on the long-term market for the biggest regions in the world: Global index: 1. Far East indices (import/export) 2. Europe indices (import/export) 3. US Indices (import/export) Access the XSI Public Indices Reports (P…
  continue reading
 
The monthly XSI® Public Indices report gives an indication of the global market movements in the container shipping industry focusing on the long-term market for the biggest regions in the world: Global index: 1. Far East indices (import/export) 2. Europe indices (import/export) 3. US Indices (import/export) Access the XSI Public Indices Reports (P…
  continue reading
 
The monthly XSI® Public Indices report gives an indication of the global market movements in the container shipping industry focusing on the long-term market for the biggest regions in the world: Global index: 1. Far East indices (import/export) 2. Europe indices (import/export) 3. US Indices (import/export) Access the XSI Public Indices Reports (P…
  continue reading
 
Cargoholic Season 2 - E01 with Mr. Glyn Hughes - Global Head of Cargo, IATA - sharing insights on the role of technology and the future of the air freight industry.Email: cargoholic@vamaship.comTwitter: www.twitter.com/vamashipFacebook: www.facebook.com/vamashipYouTube: www.youtube.com/vamashipWeb: www.vamaship.com…
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For clients who ship cargo overseas, the choice of whether to use sea freight or air freight will depend on a few factors, including: - Distance - Type of cargo - Time sensitivity - Cost consideration - Cargo safety - Accessibility A customer may have various requirements influencing their decision regarding the mode of transport to be used, but es…
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BAF is the abbreviation for Bunker Adjustment Factor. The term "Bunker" refers to the Fuel that is used to operate ships. The ship operator is responsible for the payment of these bunkers to the bunker supplier. As fuel prices are quite volatile, the shipping lines charge a fee called "Bunker Adjustment Factor (BAF)" to cover the fluctuations in gl…
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There are a few pros and cons to going short term, but it’s more a matter of whether you ‘can’ leverage a short-term market or not. And, you have to consider all, both from organizational and operational point of views.Moreover, the definition of short-term is also subjective. To shippers who are used to long-term tenders of 2 years or over, short-…
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Hi everybody, and welcome to another edition of The Brief, the audiocast series providing answers to the most frequently asked questions revolving around the complex world of ocean freight rate benchmarking and procurement. This week, as you already know, is all about freight contract negotiation. As we’re entering the negotiation season, we want t…
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Should I benchmark my shipping freight rates against the competition?Yes, of course. How else do you know if you have received a competitive rate from your supplier? You need to know how your rates compare to your peers, the market, in order to make sane freight procurement decisions.In the current market, carriers are placing more focus on reducin…
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An alliance is a grouping of ocean carriers joining forces to operate ships on some trade routes. Only the vessels and its operations are shared, and there is no commercial terms being shared.As of April 2017, three major shipping alliances (one new, one re-aligned after a big merger and one re-aligned after a major takeover) have been dominating c…
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In the case of agreeing to prices “subject to GRI” or “subject to peak season surcharge”?, the first question to ask is – “Do you have a choice?”, especially if you ship on the spot market. The reason is that GRI (General Rate Increase) or PSS (Peak Season Surcharge) is something that the shipping lines implement, whether you like it or not, whethe…
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Whether you are a BCO (Beneficial Cargo Owner) with big volumes of specific cargo on multiple trade lanes or an OTI (Freight Forwarder or NVOCC) with big volumes of FAK (Freight All Kinds) cargo on multiple trade lanes, choosing the right carrier is of paramount importance to the success of your business.In this regard, the question could be whethe…
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"Leaving money on the table" is an idiom which signifies someone not getting or saving money that they could be. This idiom is thought to have originated from poker wherein if you don’t play intelligently, you may be leaving your money on the poker table.This expression is quite widely used in negotiations. But does it apply to ocean freight rate n…
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This year the US trades have been dominated by the tit-for-tat trade war with China that have contributed to a significant increase in rates, however, 2018 didn’t get off to the best start. In this part-2 blog post, Xeneta looks back over the last 12 months to highlight key developments in the Far East - US West Coast trade. Those operating in the …
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With 2019 fast approaching, Xeneta looks back over the last 12 months to highlight key developments across the industry.Far East - North West Europe2017 was a positive year for carriers, with rates during the first six months on the FE - NWE route in particular, at healthy levels. However, as the market entered Q4, weakness began to materialize.Alt…
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www.xeneta.com/blog/what-if-my-v…y-contract-periodShipping is a dynamic industry, and shipping volumes are always fluctuating based on the movement of global trade and business performance.When there are stability and continuity of business, Beneficial Cargo Owners (BCO) may opt for a service contract. But then, of course, perceptions of stability …
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Knowing when is the best time to negotiate freight rates depends on who you are as an entity and what is most suitable for you, for your business and for your supply chain. No general time frame suits everyone for the negotiation of ocean freight rates.For example, if you are a seller trading with a buyer in a new country, then the best time for yo…
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For some trade corridors, September 2018 has proven to be a month of uncertainty due to tariffs causing slight frenzy from shippers and carriers taking the opportunity to jack up rates. Golden Week is also inching up giving carriers even more open waters to see what they can do before year end. Here is a rundown of the latest September ocean freigh…
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Cargoholic E04 with Patrik Berglund - CEO and Co-Founder of Oslo-based Xeneta, the largest freight rate benchmarking startup globally. Discussing the shipping ecosystem, correct approach to scaling a logistics startup and much more!Email me:cargoholic@vamaship.com podcast@inboundlogistics.com Follow us on Twitter: www.twitter.com/vamaship Like us o…
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Cargoholic E03: With Dr. Zvi Schreiber - CEO of Freightos discussing the future of freight marketplaces and the digital forwarding ecosystemEmail me:cargoholic@vamaship.com podcast@inboundlogistics.com Follow us on Twitter: www.twitter.com/vamaship Like us on Facebook: www.facebook.com/vamashipCatch our latest videos on YouTube: www.youtube.com/vam…
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Capt. Deepak Tiwari - The CEO of MSC India which is one of the world’s largest shipping line - sharing insights on the future of shipping!Are you a #logistics Thought Leader and would like to be featured on the Inbound Logistics Podcast? Email me:cargoholic@vamaship.com podcast@inboundlogistics.com Follow us on Twitter: www.twitter.com/vamaship Lik…
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