The Impact of Fast Fashion Giants On Air Cargo
WebCargo Blog
by Eytan Buchman
23h ago
Navigating New Horizons: The Impact of Fast Fashion on Air Cargo Rates & Dynamics The intersection of fast fashion, globalized retail e-commerce, and air cargo logistics is coming to a head with Temu and Shein’s entrance to the US market. This shift, which relies on the de minimis US customs regulation that waives direct to consumer packages worth under $800 dollars, is pushing  air cargo rates up, and has significant implications for capacity, and regulatory landscapes.   Pressure on rates and available space will likely intensify during  Q4’s peak seasons. The Rise of Fast ..read more
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A Guide To Freight Sales Management | WebCargo
WebCargo Blog
by Tammy Brill
2w ago
Master Freight Sales Management: A Guide for Platform Evaluation & Implementation   Discover the startling truth: 43% of a freight sales exec’s time vanishes on pricing and RFPs. Don’t blink: spot quote requests stall for 91 hours on average. Brace yourself: invoicing errors drain $700 million annually. Profit margins shrink, carrier competition heats up, and shippers demand more. Tale as old as time…or freight rate management, at least.  Changing shipper expectations have changed how forwarders approach data accuracy for pricing, quotations, and operations. DHL’s CEO Tim Scharwa ..read more
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How WebCargo Pay Is Transforming the Freight Payment Process
WebCargo Blog
by Tammy Brill
2w ago
The interview below is featured in WebCargo’s Digital Air Cargo Monthly report, delivering analyses of recent trends in air cargo penetration, market intelligence, in-depth interviews with industry leaders, and more. Esen Dogan, VP Payments WebCargo Forwarder? Start booking on WebCargo today Freight and payments are foundations of global trade, but both introduce friction. Until today, forwarders booked cargo on one platform and paid on another, which is like shopping on Amazon but paying on Paypal. With WebCargo Pay, both are digitzed on a single platform, revolutionizing how forwarders and c ..read more
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How Digitalization Helped Air Cargo During Red Sea Shipping Crisis
WebCargo Blog
by Joyce Tai
3w ago
Ahead of the Curve: How Digitalization Helped Air Cargo Amidst Red Sea Shipping Diversions   If there’s one lingering lesson from the supply chain crisis of COVID, it’s that digitization can help organizations navigate crises… but that digitization can’t be put in place DURING that same crisis.  The recent air cargo impact from the Red Sea diversions is a case in point in how airlines that invested in digitization in advance were able to maintain operations.  Ports in India were among those hardest hit by the Red Sea diversions that started in mid-December. Schedules were quickl ..read more
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The Benefits of Platform vs Point-to-Point Integrations for Freight Forwarder Efficiency | WebCargo
WebCargo Blog
by Tammy Brill
1M ago
The Strategic Edge of Platform Over Point-to-Point Integrations For Freight Forwarder Efficiency   Imagine if every car driver constructed their own road to get from point A to point B. While the idea of a personalized, in-house road with full control over its design may be enticing, it comes with a hefty price tag. As the landscape fills with a mishmash of personal highways, efficiency plummets. Without standardized construction methods, traffic congestion ensues, leading to bottlenecks and dead ends. Infrastructure struggles to keep pace, resulting in a chaotic network of roads without ..read more
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Crisis at Sea, Chaos in the Air: Updates on the Red Sea Crisis
WebCargo Blog
by Tammy Brill
1M ago
In the fast-paced world of logistics, staying ahead of market trends is crucial for businesses to adapt and thrive. Judah Levine, Head of Research at Freightos, offers a comprehensive overview of current air cargo market dynamics and strategic responses, tapping into air cargo data from WebCargo Terminal.    Let’s Talk Economics. Demand Trends in the US Economy The hard data tells a story of potential consumer pullback. Retail sales fell 0.8% MoM in January 2024, while projections were for an increase, which could indicate consumer pull back due to high interest rates.With inflation ..read more
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Cracking the Code: The 4 Indian Air Cargo Trends Defining Digital Transformation in 2024
WebCargo Blog
by Tammy Brill
1M ago
Want a quick overview? Read ahead to find out… What the four most explosive trends in the Indian air cargo industry are What’s really behind India’s surge in eBookings How digital platforms revolutionize cargo flow for specialized goods What the future of eBookings in India looks like We all know that shippers (both importers and exporters) need business intelligence at their fingertips. Transit time, routing, and freight cost are all important factors in the total cost of ownership and supply chain planning. Freightos data from the start of 2020 to the end of 2023 reveals four explosive tre ..read more
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Milestone: Freightos Celebrates One Million Transactions!
WebCargo Blog
by Aimee
2M ago
In the Freightos Group’s quarterly KPI release, which summarized transactions, user and carrier growth in Q4 2023 and 2023 as a whole, the company announced that over one million transactions had been conducted on the platform over the course of the year. Bookings on WebCargo, specifically eBookings between our thousands of forwarders and dozens of airlines, played a leading role in this achievement, marking wide-scale industry adoption of Digital Air Cargo… but lots of room ahead to continue to grow. In order to put this achievement into context for Freightos, WebCargo and the industry at lar ..read more
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Revolutionizing Freight Forwarding with Real-Time Market Intelligence
WebCargo Blog
by Daniella Stromquist
3M ago
The interview below is an excerpt from WebCargo’s Digital Air Cargo Monthly report, delivering analyses of recent trends in air cargo penetration, market intelligence, in-depth interviews with industry leaders, and more.   Anton Barr VP Market Data, Freightos Data Forwarder? Start booking on WebCargo today     Read our exclusive interview below with Anton Barr, VP Market Data at Freightos Data. Freightos Data publishes the Freighos Air Index (FAX), the most comprehensive and accurate global air freight rate index, as well as other data products which improve supply chain  ..read more
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TMS integrations drive a forwarder’s operational efficiency – here’s how
WebCargo Blog
by Daniella Stromquist
5M ago
The interview below is an excerpt from WebCargo’s Digital Air Cargo Monthly report, delivering analyses of recent trends in air cargo penetration, market intelligence, in-depth interviews with industry leaders, and more. Friedrich Schierenberg Managing Director, CargoSoft Forwarder? Start booking on WebCargo today Read our exclusive interview below with Friedrich Schierenberg, Managing Director at CargoSoft, a TMS and logistics software provider for freight forwarders. Friedrich discusses the process and importance of API integrations for TMS customers, the new efficiencies unlocked through e ..read more
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