[Case study] How a 134-year-old global print company profitably revamped their tracking using real-time visibility Geography: Global Module: GoTrack Automated Shipment Tracking And the Kodak team says… “The GoComet solution is very user-friendly, easy to input shipment details, and visible to multiple operational areas in the company that are stakeholders in the supply chain.”
Transportation is a significant part of the entire supply chain, and every company strives to reduce its transportation costs to maximise the supply chain ROI. Transportation logistics costs are rising for several reasons today – top reasons including the geo-political tensions caused due to the Russia-Ukraine crisis and capacity shortage caused due to global port…
China accounts for about 12% of global trade, and the country’s stringent COVID lockdown in Shanghai, home of the busiest container port, and other major cities across the country have snarled up the global supply chains. While the full impact of China’s lockdowns is yet to be felt, the action has caused factories and warehouses to…
When you launch an e-commerce business or are a growing manufacturer trying to expand into international markets, the challenges are many. But the most daunting question every company has to answer is – How are we going to find a suitable ocean carrier for shipping the products? Selecting the right carrier can be a challenging…
Global supply chain challenges are compounding due to China’s strict lockdowns, especially in Shanghai, which is the home to the world’s busiest container port and a key gateway for foreign trade. The port accounted for more than 10% of the country’s total trade last year. The problem is trucks, not ships Due to the strict…
Did you know that demurrage and detention charges can accrue up to 20 times the container’s value? With international shipping rates already soaring, any extra expenses incurred on top of the freight rate will take a bite of your margin. Today, the detention and demurrage charges easily exceed $100 per container per day. While D&D can be an…
As China sticks to its zero Covid policy, a two-stage lockdown in Shanghai has created further fears of supply chain disruption. The Shanghai lockdown is causing ripples in a setting where severe port congestions, blank sailings, and increased freight rates are ongoing challenges that are yet to be resolved. In light of disruptions created by earlier pandemic-related…
Shipping as an industry is interconnected like no other! As the Russian invasion of Ukraine extends into its fourth week, its effect on an already stressed shipping industry continues to hammer what is believed to be a long path of recovery. In the last two decades, there has not been a time where the magnitude of the…
Russia’s invasion of Ukraine has quickly developed into a humanitarian crisis. While disruptions in business cannot compare to human tragedy, the impact of the conflict is causing a domino effect in more aspects than one. The crisis is plaguing global trade by triggering an extensive supply chain disruption. In an increasingly globalised and interconnected supply…
At a time when major shipping lines have already seized their operations into Ukraine, which has led to an impact in the western Mediterranean and the Black Sea; the ongoing Russia-Ukraine crisis has now prompted the world’s three biggest container lines — Swiss-headquartered MSC, Denmark’s Maersk, and France’s CMA CGM to announce a temporary suspension…
The Russian invasion of Ukraine has set a worldwide ripple effect in motion. Fluctuating currencies, swinging stocks, soaring energy prices – the ordeal seems long. The global supply chain crisis against which industries have been fighting hard for the last couple of years is now plagued with a fresh set of challenges. The Russia Ukraine…
What if you could bring down your average response time to supply chain disruptions from months or days to mere minutes, say up to 90% faster than before, wouldn’t you be embracing that possibility immediately? And what if you already have half the solution in hand and only need to work on getting the other…
Polymers International improves customer service by automating shipment tracking Geography: Global | Module: GoTrack Automated Shipment Tracking “ With GoComet’s platform, we’re all accessing the same information flow to get live updates on our shipments. We no longer have to waste time relying on internal emails, meetings, shipping lines’ websites, etc., for updates on cargo…
The busiest Californian ports of Los Angeles and Long Beach saw a recording-breaking movement of cargo in 2021 aided by a rebounding economy and rapid surge in imports supported by consumer spending. Los Angeles processed about 10.7 million TEUs of cargo containers in 2021- an impressive 13% growth over the past year. Long Beach, on…
As global supply chains continue to face unprecedented disruptions, meeting the ever-growing demand while optimizing lead times and reducing inventory costs remains challenging. As a result, companies are now willing to explore better alternatives to traditional logistics, which would provide improved economies of scale and a faster return on investment. However, what is a better…
As per a study conducted by Gartner, more than 50% of organizations have not yet actively started to build a roadmap for supply chain digital transformation. If you are in this category and are still contemplating how to choose a multi-modal logistics platform that works best for your company, let us give you a simple…
The recent passing of China’s terrestrial AIS ban is a huge blow to the shipping industry that tries to evolve forward in terms of shipment visibility and sustainability. With the country’s two stringent data protection laws, the Data Security Law (DSL) and Personal Information Protection Law (PIPL) which was passed in recent months, collecting Chinese…
[Case study] Leading chemical distributor uses real-time visibility to mitigate port congestion Geography: Global | Module: GoTrack Automated Shipment Tracking “ The extent of the congestion crisis has reached unprecedented levels and is costing millions of dollars each day. While there seems no light at the end of the tunnel, live visibility over port delays…
The billion-dollar trucking industry is undeniably a vital part of America’s economy. Every good consumed by Americans, from clothes to food and everything in between, gets transported on trucks at some point- as such it accounts for 72% (or 11 billion tons) of all freight moved across the United States each year! Lately, the industry…
A lot of people can tell you how to keep your supply chain agile during the rest of the year, but what about Christmas? This time of year is often incredibly hectic for supply chains and shipping accordingly. The holiday season brings with it an increased number of shoppers, and retailers are constantly trying to…
