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Tag: cargo pricing

As air freight carriers move to online pricing, forwarders call for comparison sites | The Loadstar

As air freight carriers move to online pricing, forwarders call for comparison sites | The Loadstar

Forwarders are struggling to see the benefits of online rates and bookings for air freight that are published on individual airline websites. As the carriers begin to move their pricing information online, forwarders are claiming it leads to inefficiency. Joe Lawrence, president of GSA Airline Services International, said forwarders were not going to spend time on individual […]

Air freight – today’s rate won’t be tomorrow’s | FreightWaves

Air freight – today’s rate won’t be tomorrow’s | FreightWaves

Dynamic pricing is coming to an airline near you, but the only question is whether or not shippers will embrace the fluctuating levels that appear on their invoices. In the 1990s and 2000s when I was calling in bookings and typing air waybills, I had a three-ring binder filled with airline rate sheets whose validity […]

Uber And Convoy Up The Ante In Freight Price Analytics | Benzinga

Uber And Convoy Up The Ante In Freight Price Analytics | Benzinga

Both Uber Freight and Convoy released new data-driven products last week meant to help shippers understand trends in freight markets. The competition between the two large digital brokerages appears to be heating up and is driving a new wave of technological innovation, creating more transparency and smoothing out information asymmetries. … In our view, Uber […]

Two Digital Freight Brokers Focus on Price Transparency for Shippers | Transport Topics

Two Digital Freight Brokers Focus on Price Transparency for Shippers | Transport Topics

Digital freight brokers Convoy and Uber Freight have separately launched new tools intended to make pricing options for hauling loads more transparent for shippers. Convoy Shipper Platform 2.0 includes Market Outlook, which shows shippers current and future trends by region. Also, it adds a feature called Lane Network, which gives shippers real-time data about changes […]

Logistics startup brings transparency, efficiency to air cargo booking | AJOT

Logistics startup brings transparency, efficiency to air cargo booking | AJOT

Miami startup SkySpace Cargo released the world’s first air cargo trading platform to digitize booking transactions. The company is linked to more than 100 airlines to create a neutral environment for freight forwarders to price, book and manage cargo shipments. Price transparency has become the norm in most industries, but the logistics field has lagged […]

Krishnapatnam Port’s lower charges driving transhipment gains | JOC.com

Krishnapatnam Port’s lower charges driving transhipment gains | JOC.com

More than infrastructure superiority and spare capacity, a strategic pricing policy appears to be the “X factor” that has enabled the Krishnapatnam Port to grab a larger share of transhipment freight moving to and from South India. Located 112 miles north of Chennai, Krishnapatnam Port is an alternative, privately operated minor harbor. A study by […]

Will surging freight rates herald the return of the inflation boogieman? | DC Velocity

Will surging freight rates herald the return of the inflation boogieman? | DC Velocity

In his comments, Broughton said he doesn’t see overall demand slacking off any time soon. Resurgent oil prices have sparked a renewed boom in the industrial economy, just as the collapse in the energy complex in 2014 led to the industrial recovery’s end. More tellingly, and somewhat counter to expectations, since they had been written […]

‘15% freight hike can escalate essential commodities’ prices’ | Times of India

‘15% freight hike can escalate essential commodities’ prices’ | Times of India

Bal Malkit Singh of All-India Motor Transport Congress said, “The increase in freight charges will escalate transportation costs of traders, which will impact the final price of products. The common man will have to bear the brunt and costs.” … Ashok Goyal of Bombay Goods Transport Association said during the March-May quarter, most drivers go […]

CP Rail weighs strategic deals to boost crude-by-rail | Reuters

CP Rail weighs strategic deals to boost crude-by-rail | Reuters

Canada’s second-largest railway said it expects revenue growth in the mid single digits this year, boosted by strong global potash demand, strength in energy and chemicals, and sees better pricing because of tighter capacity. CP said adjusted earnings per share growth would be in the low double digits. “We see solid momentum growth heading into […]

Why Airfreight Traffic Is Up: Dog Food and Semiconductors Are Vying for Space | WSJ

Why Airfreight Traffic Is Up: Dog Food and Semiconductors Are Vying for Space | WSJ

Companies are shipping more items by plane to meet customers’ rising expectations for rapid delivery, prompting a scramble for cargo space that has sent airfreight rates soaring and pushed Amazon.com Inc. and others into the airline business. Global airfreight traffic climbed almost 9% year-over-year in November, the start of the peak shipping season, and rates […]