Tag: cargo pricing

Could “Big Data” Predict Freight Rates? | The Maritime Executive

Could “Big Data” Predict Freight Rates? | The Maritime Executive

What if you had a good idea of what container freight rates for your cargo might be next week? If you knew they would go up, you could book your shipment now; if you knew they would go down, you might be able to wait for a lower price. Christian Ove Sørensen, global head of marketing and […]

Quarterly Air Cargo Update: Confidence on a Steady Climb | Logistics Management

Quarterly Air Cargo Update: Confidence on a Steady Climb | Logistics Management

Raising rates While air cargo volumes have increased, margins remain depressed for many air cargo middlemen, says Brandon Fried, executive director of the AirForwarders Association (AfA). “Most of our members are looking forward to opportunities in which profitability may improve,” says Fried. “One influencing factor to consider is the growth of capacity we’ve seen over […]

Ocean Pricing: The tide is turning | Logistics Management

Ocean Pricing: The tide is turning | Logistics Management

Further, C.H. Robinson estimates that about two million TEUs will be added during the 2016 and 2017 operating years, while about 600,000 TEUs will be scrapped. The net increase would seem to suggest a continued soft market, however industry consolidation means tighter price control. A good example has been the parcel carriers and railroads, which […]

Dynamic airfreight pricing, what it means for shippers and forwarders | Air Cargo News

Dynamic airfreight pricing, what it means for shippers and forwarders | Air Cargo News

Posted airfreight rates with promotions change about once a month, on average. When airlines make the shift to dynamic pricing, rates change constantly, driven by excess capacity and diminishing time before departure, writes Manel Galindo* of Freightos. Once the majority of airlines make this shift to dynamic pricing, our industry will witness the same kind of […]

Volume pricing and the micro carrier | Business content from American Trucker

Volume pricing and the micro carrier | Business content from American Trucker

Trucking hauling rates are volatile and ever-changing—and based on multiple influences. Some of these influences are controllable and others are not, with the majority fitting into the noncontrollable category. There are fuel prices, costs of doing business, driver pay, etc. Then there are broad market forces, competition for loads, other specific market forces such as […]

US shippers rethink truck contract pricing | JOC.com

US shippers rethink truck contract pricing | JOC.com

“Carrier networks are changing more quickly than they used to,” Broadhurst said, as assets are redeployed and dedicated to new customers. “It’s getting hard to know which carriers are optimal for certain lanes because carrier networks are changing so rapidly too,” he said. That’s making already complex supply chains more complex and posing tough decisions […]

Moore on Pricing: The New Silk Road and other ocean challenges | Logistics Management

Moore on Pricing: The New Silk Road and other ocean challenges | Logistics Management

As previously reported in Logistics Management, vessels are being equipped with new power units, directional thrusters, as well as fuel and labor saving devices. The idea of an autonomous ship sailing continuously around the globe with self-repairing artificial intelligence is moving from science fiction to a port near you. When you roll up the facts, […]

Politics of pricing | Port Strategy

Politics of pricing | Port Strategy

“We think only making a calculation based on vessel costs, including running costs and investments, to shape the shipping market is not reality,” he says. “The change has an impact on all the players of the industry. After 2008, the financial crisis affected the markets and demand could not forecast more than a quarter period. […]

Cargo-savvy Aeromexico calls on Latin American states to modernise Customs | The Loadstar

Cargo-savvy Aeromexico calls on Latin American states to modernise Customs | The Loadstar

Aeromexico, which in two years has transformed its cargo business, has urged Latin American countries to modernise their Customs processes. Rafael Figueroa, CEO of Aeromexico Cargo, told The Loadstar that change could boost traffic and efficiencies in the region. “Infrastructure and processes are the biggest opportunity,” he said, “and the challenge is to modernise all […]

ShipX CEO discusses freight booking app, development of mobile tech | Fleet Owner

ShipX CEO discusses freight booking app, development of mobile tech | Fleet Owner

Think of online tools that for years now have allowed consumers to price out and purchase things like plane tickets, hotel rooms or auto insurance. That’s what Grasis and Childress did in that conversation, which turned to freight; it seemed that a tool of that kind wasn’t really available for that industry. “I was actually […]