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Best podcasts about airfreight

Latest podcast episodes about airfreight

Inbound Logistics Podcast
Sustainable Aviation Fuel: The Mission to Reduce Emissions Guest: Leendert Van Delft, Vice President, Global Sales Programs, Development & Global E-commerce, DHL

Inbound Logistics Podcast

Play Episode Listen Later Nov 21, 2024 33:31


Sustainability continues to be a goal for the supply chain industry to benefit both businesses and the world they inhabit. One effort to help achieve that goal is sustainable aviation fuel. But what is it exactly and how can companies leverage it to reduce emissions across their supply chain? Leendert Van Delft of DHL Express joins us to  share his insights into the sustainable aviation fuel movement. For more information: https://www.dhl.com/us-en/home/innovation-in-logistics/logistics-trend-radar/sustainable-fuels.html DO YOU WANT TO RESPOND TO THIS EPISODE? Call our Dialog Line: 888-878-3247 DOWNLOAD THE NEW INBOUND LOGISTICS APP featuring the updated and expanded Logistics Planner! Available on iTunes and the Google Play Store: bit.ly/ILMagApp  bit.ly/ILMagAppGoogle Are you a #logistics Thought Leader that would like to be featured on the Inbound Logistics Podcast?  Connect with me on X:  @ILMagPodcast   Email me: podcast@inboundlogistics.com   Connect with Inbound Logistics Magazine on LinkedIn: https://www.linkedin.com/company/inbound-logistics Follow us on Twitter: www.twitter.com/ILMagazine Like us on Facebook: www.facebook.com/InboundLogistics Catch our latest videos on YouTube: www.youtube.com/inboundlogistics   Visit us at www.inboundlogistics.com

The Road to Autonomy
Episode 229 | Optimizing Air Freight with Autonomous Blended Wing Body Aircraft

The Road to Autonomy

Play Episode Listen Later Sep 24, 2024 35:43


Aleksey Matyushev, Co-Founder & CEO, Natilus joined Grayson Brulte on The Road to Autonomy podcast to discuss optimizing air freight with autonomous blended wing body (BWB) aircraft. A blended wing aircraft body enables 20% more volumetric space and 30% better fuel efficiency for freight cargo when compared to traditional aircraft design. 10% of the world's good travel by air freight, yet comprise 90% o the value. With most of the world's electronics being made in Asia, including the iPhone, air freight plays a vital role in the global supply chain. With a growing global pilot labor shortage, autonomous blended wing body aircrafts can ensure that the world's supply chain continues to function without hiccups.Episode Chapters0:00 Current State of the Air Freight Market2:38 Air Freight Routes8:57 Natilus Flight Distances 10:09 Blended Wing Body (BWB) Design14:07 Economics of Natilus17:59 Manufacturing the Aircraft22:10 Why Build an Autonomous Aircraft?26:14 Fuel28:56 Scaling Manufacturing30:08 Projected Aircraft Costs31:05 Inspiration for Natilus33:58 Future of NatilusRecorded on Thursday September 19, 2024--------About The Road to AutonomyThe Road to Autonomy® is a leading source of data, insight and commentary on autonomous vehicles/trucks and the emerging autonomy economy™.Sign up for This Week in The Autonomy Economy newsletter: https://www.roadtoautonomy.com/autonomy-economy/See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

The Jason & Scot Show - E-Commerce And Retail News
EP320 - News, First Half Recap, Early Holiday Preview

The Jason & Scot Show - E-Commerce And Retail News

Play Episode Listen Later Sep 17, 2024 46:27


EP320 - News, First Half Recap, Early Holiday Preview http://jasonandscot.com 0:23 Welcome Back After Hiatus 2:51 Upcoming Events in Retail 7:28 GroceryShop 16:02 Retail Growth Trends 21:28 Concerns for Holiday 2024 30:27 The De Minimis Provision 40:27 TikTok's Impact on E-commerce In this episode of The Jason and Scot Show, we discuss the current state of retail and e-commerce. We analyze macroeconomic factors impacting the retail landscape, noting a 3.4% growth in core retail and a maturation of e-commerce, dominated by giants like Amazon and Walmart. We address consumer sentiment heading into the holiday season and the potential influences of the upcoming election and interest rate changes. The episode also covers the role of AI in enhancing personalization experiences, challenges faced by dollar stores, and supply chain issues. We conclude with insights into Amazon's recent earnings and their strategies to engage younger consumers through TikTok Shops. Join your hosts Jason "Retailgeek" Goldberg, Chief Commerce Strategy Officer at Publicis, and Scot Wingo, CEO of GetSpiffy and Co-Founder of ChannelAdvisor as they discuss the latest news and trends in the world of e-commerce and digital shopper marketing. Download the complete 54 page deck of all my insights from the US Dept of Commerce Retail Data for the first half of 2024 here https://rgeek.co/retail2024 Transcript [0:23] Welcome Back After Hiatus Jason   [0:23]Welcome to the Json and Scott show this is episode 320 being recorded on Monday september 16th 2024 I'm your host Jason retail gee Goldberg and as usual I'm here with your co-host Scott Wingo. Scot   [0:38]Hey Jason and welcome back after a very long time, Jason and Scott show listeners Jason our last show was an early May so it's been about a little over a 4-month hiatus and when people ask me I always blame you do you blame me. Jason   [0:57]I do blame you and I'm bitter because in my mind. Nobody's really complaining to you but like I I've gone called out on stage by like I've I've been heckled by people that are like what are you going to do a new show. Scot   [1:15]It's part of our it's it's a Nintendo like strategy where you you dribble you know if you could really constrain Supply scarcity that drives demand so yeah. Jason   [1:25]Yeah it it we are we are playing 3 dimensional chess in a world of checkered players. Scot   [1:31]Exactly the the real reason is as Chief digital Innovation retail and payments and grocery officer your title's gotten bigger and your your more famous your allies on a plane I can never record because I'm like how about now he's like Paris how about now Australia how about now India so you've been flying all over the world. Jason   [1:52]I sadly I have been it does feel like travel is back there there have been more International trips this year than any year before coid so I I can I can only partially deny that accusation. Scot   [2:08]Cool well we're glad that we have you here for for an hour give us an update what are you any uh show you know what's going on out in the world of retail as you've been expanding the globe for the Json and Scott show. Jason   [2:20]Yeah it's been another Super interesting year for retail we'll we'll certainly get into some of what we think are the key topics that have been planned out this year but I have attended a bunch of events I I can't even remember which ones where since this this last show visited a bunch of customers out in the field which is always great learning new things from them [2:51] Upcoming Events in Retail Jason   [2:40]but the upcoming show is in early October is grocery shopping in Las Vegas so I'll be moderating a panel on. AI enabling Next Generation personalization, at at that show which I always look forward to to grocery shop and then a week later they're they're shop talk is moving their show their other stuff to Chicago so they're going to have their first, fall shop talk that will be in my backyard in Chicago so I'll be curious to see how if the world wants another another iteration of shop talk every year. Scot   [3:18]Yeah give us the behind-the-scenes did you like throw down the gauntlet and said shop talk must move to Chicago or I'm not going to attend or and run all the speaking stuff. Jason   [3:28]I basically did that with everything I told every client that they had come to Chicago I told shop talk and I told you you had to come here to record the podcast and yeah you'll note we haven't had a lot of podcasts and you know I still have the same 3 customers here I've always had. Scot   [3:44]But you got to show them to me for at least that's a 1 w. Jason   [3:46]I did but they really just added a show they're just looking for more Revenue so like it seems like it's probably not. Not just me but I feel like your LinkedIn feed has been more active than me and mostly with accolades for for the the fund that you helped kick off. Scot   [4:05]Yeah yeah so the just to update everybody I'm in a post spiffy world so started spiffy in 2014 and then, you know decided to to we got to kind of north of a 60-ish million run rate which is plenty big lots of employees lots of things going on and I had started this little side hustle well first of all I started this thing for our little local ecosystem here called the tweener list in 2015 which was just a little passion project and then started a little fund around that called the tweener fund which invests in early stage startups so I've I've really enjoyed that and decided to, move on from spiffy and make this my full-time gig so have been really enjoying doing that and actually have. I'm sure you do this where you have a list of things you're kind of like want to learn about and you can hardly ever get to it and I've been doing a lot of that the last 4 weeks and 1 of the big 1 is AI I've been going really deep on AI and it's been been a lot of fun to play around with all the cool new stuff going on there and I got a couple interesting ideas I'm not going to reveal anything but there's some interesting if you think from a AI native remember how we used to talk about mobile native well now thinking AI native I think there's some interesting things that could happen in the world of e-commerce so I'm going to I may go back to thinking more about e-commerce so we'll see. Jason   [5:23]Come on back though we're we're waiting for you the water is fine man they're they're for your point there's a lot of super interesting stuff the grocery shop will be fun a a show after that that I'm looking forward to is NRF because you know they have this Innovation Pavilion and they've kind of upped the the, rigger around recruiting exhibitors at The Innovation Pavilion this year and I think it's going to it's a big year for Innovation so, probably be a cool time for all of us to meet in the New York in January with global warming it's not even cold anymore. Scot   [5:58]Not been there not too long ago and it's still pretty darn cold for this North Carolina. Jason   [6:04]Oh okay fair enough fair enough I'm just last year was the first time it snowed in like 2 years in New York at at in her uh and then. Scot   [6:10]Okay yeah yeah last time I remember trudging through like 6 inches to get to your hotel which was painfully far away. Jason   [6:17]I mean that's yeah that's been my normal life so it's been weird that you haven't had to take the heavy coat to New York so although I wouldn't recommend that if you go to New York in January I'd bring that vote uh. And, I feel like in addition to everything else I know we're going to jump into the retail but all the Apple software updates dropped today so cool new icons and emojis and and delayed chats so I can have, like Emoji based chats hit Scott Wingo at every hour of the day now it's amazing. Scot   [6:48]Nice I look forward to that at 4:00 a.m. I'll have my do not disturb on to counteract your your attack. Jason   [6:53]Yeah although I may need you talk about new things you want to learn 1 of the things I want to learn is how to make Do Not Disturb work right in the the modern app like the system because I feel like all the focus modes have made it complicated. Scot   [7:05]Yeah I have to have you know that that kind of funny YouTube where the dad puts on 6 seat belts that's me putting on do not disturb I have to do the physical thing check the moon do my watch hit D and D in a profile and then that's that that combination of things I don't know which of them does it but that seems to stop everything. [7:28] AI in Grocery Shopping Jason   [7:23]Yes I feel like I'm in a similar boat but it would be interesting to figure out how to do it for as intended. Scot   [7:29]Yeah or just we know it works so just keep doing it do so just give us a preview of grocery shop can AI do better recommendations than kind of the old school way we used to do it. Jason   [7:42]So 1 would hope certainly it can do it at greater scale than we used to do it there's some anecdotal evidence that it's. Better it you know part of it I'm I'm curious to talk to some of these folks So So Meta will be on my panel. They they have a strong POV you know what's going on in the digital ad space right now is all the the ad platforms are trying to talk you into going hands off the wheel and turning over. The bidding to their AI engines and I would say at the moment it's an uneven playing field there like if I if I talk to my. Performance media folks they'll tell you that the the AI robots from some of the platforms are very effective and tend to outperform a manual bidding and on other platforms that they they wildly do not so. Jason   [8:33]That it'll be interesting to kind of hear their perspective 1 of the panelists is hungryroot, which to me is a super interesting example they they're truly doing AI based recommendation so they're essentially they're a ger. That is mainly filling out your whole cart for you proactively with AI based. Recommendations so you manicure a Char a cart that they recommend to you versus you hunting and pecking for each individual item and putting it in your cart and they they have some pretty interesting sales metrics using that methodology so they're all in, there you might almost think of them as like the Stitch fix of food and so they'll they'll be interesting to hear, and then my friend Ben from Endeavor and Endeavor may be familiar to some listeners not to others they're the largest adult beverage and hospitality company in Australia. And so they they have a nationwide chain of beer and wine stores that are doing some really interesting personalization hubs and kind of Shifting all of their customer touch points to to 1 to 1 so. I'll be curious to hear how effective they all claim to be. Scot   [9:47]How do these it seems like you're going to need some training data like how do they Kickstart that do they look at like your email or credit card data to kind of get an idea for what you like or they just kind of start you at a demographic Baseline and build from there or do you know. Jason   [10:01]Yeah well so in many cases you've been a customer of theirs for a long time right so they have you you have a significant amount of personal data I mean Walmart launched a predictive cart feature, in January that's in beta so I think it's only available to a select group of. Of Walmart Plus members but yeah it you it's trained on all of th those members pass purchases leading up to the launch of that product. Um so I yeah good question what signals do they use for a net new customer but I think the first crop where customers where they they already had a significant history. Scot   [10:40]Got it cool well that's gonna be a good panel riveting it's also pretty wild they have them so close together now that's like 10 days you're gonna have to kind of like Zip back home rest for a couple days and jump in. Jason   [10:50]I I do I was going to zip back home anyway so it's not an inconvenience for me but I my heart does go out to all the the shop talk folks that that have responsibilities of both shows because that I'm certain is not fun for them. Scot   [11:02]Cool which of the shop talks is bigger now the. Jason   [11:09]Shop talk is still the biggest show that's their March show um and it's it's north of 10,000 people so it might have been like 11,000 this year I'm not sure they, release an official number so hopefully I'm not disclosing something proprietary and grocery shop is only about half that size. So think closer to 5 500 attendees and then this fall shop talk this will be the first time so so. All all bets are off I I certainly wish them no ill will but part of me thinks it's a it's a big lift to get people. To add yet another event to their schedules. Scot   [11:48]Yeah maybe the Fallen will be more Regional like you know folks in the midwest or east. Jason   [11:53]Yeah I mean that that would be my initial assumption but you know they've they've been able to build up some really good shows in the past so so you know we'll see how they do with this 1 I certainly, would like to see a good show in Chicago they're in as you would remember in the old days you know there was like internet retailer here which still exists but I would argue it's it's probably well past its prime. Problem is when you did the orientation and used to teach everyone how to do e-commerce on the first day. Scot   [12:20]Amazon yeah that was fun that was they were like well you do this and I was like well how many people come and they're like I usually 100 and I did it and there's like 700 people say dude you vastly underestimated your crowd size at this thing the um. Jason   [12:32]I know I know you're a big draw. Scot   [12:34]Yeah well of course the uh and what was always funny is people would want to meet I forget what hotel it was either Hyatt, or a Hilton and there was 4 of them around that convention center and like No 1 could ever find each other at that that Hotel chain because they know 1 realized they all had the same name I'm sure that's still a problem. Was always funny to watch the chaos ensue. Jason   [12:54]Yeah. Scot   [12:55]The only thing works is in Las Vegas when you're at the Mandalay Bay when the hotel is called the hotel and the bars called the bar it's like a whose first kind of scenario trying to get. Jason   [13:04]Yeah I'm sure they thought that was really clever when they. Scot   [13:07]Yeah that was the worst worst naming. Jason   [13:08]When they first named it yeah. Scot   [13:11]Cool well you guys have been waiting for it and we are recording this mid-september all of our friends and Retail and e-commerce are making their final changes to their sites they're implementing their new features they're putting new vendors in place and going through the final QA test, before the big October code freeze so. This is when the Pod turns to really thinking about a holiday of 24 it's a fun to believe that we're already here this fast and Jason to tee that up let's set the table a little bit you put out a really interesting kind of adjacent Mega deck on LinkedIn that was really good and I thought maybe we could go through a couple slides of that and kind of tee up, you know how the year has gone so far and then that'll take us into kind of a little bit of a prediction of how holiday 24 is going to shape up. Jason   [13:58]Yeah yeah yeah happy to do it thanks man so maybe setting the table. I don't want to go back and get too deep we'll put a link to the deck so anyone that wants it's like 54 pages of data visualizations about about the Commerce industry so anyone's welcome to download it and check for themselves but the the highest level metric that I like to think about is this thing that NRF calls core retail so that's, all of retail sales from the US Department of Commerce US Census Data uh except restaurants Gas and Automobiles and. Jason   [14:33]If you go back in time and you say how how much does core retail grow year-over-year for the last 20 years core retail grew about 3.9% a year. And then of course we had this this huge anomaly more recently which was Co. And you know I like to joke that like well you know some people feel like oh man those were really hard years for retail what they forget is we mailed 5 trillion dollars in extra cash to everyone and didn't let them spend any of that on flights or Taylor Swift tickets. And so those were actually the greatest growth years in the history of retail like we like the the peak year was like 14% growth for core retail. So we had that this like Giant mountain of unusual growth 3 years that were twice as big as the normal 3.9% growth, and then 2023 happened and 2023 was right back to the average 3.9% again, and so now we're halfway through 2024 and we're actually below that average a little bit so we're at 3.4% growth year to date. Which is you know meaningfully off from 3.9% like that you know these are these are big numbers so that's 2.9 trillion dollars worth of sales year to date. Jason   [15:50]And the you know. [16:02] Retail Growth Trends Jason   [15:53]When we look at holiday I I mean we'll we'll talk about it in a minute but you know that's kind of setting the the table for retail for holiday but of course. People on this podcast are probably particularly interested in e-commerce and will know that historically at least in the modern era e-commerce has grown much faster. So the problem with talking about the average growth rate of e-commerce is of course it only started about 24 years ago and so it's. You know the the rate of growth has has decreased over time if you look at the last 24 years e-commerce is growing 17% a year versus that 3.9% for retail. Over the last 10 years right before coid e-commerce was growing at 12.4% a year. Jason   [16:37]So I kind of tell people think about you know e-commerce typically growing at 12% a year retail typically growing at 4% a year is kind of the. The the basic ratios so 4 times faster but this year 2024, retail is only growing at 3.4% and e-commerce is only growing at 7.5% so still twice as fast growth but a meaningful slowdown from the, historic average and you know at the risk of of giving away a spoiler. I I don't think that's like some bounce because of a spike during Co I actually think it's just an indication of the maturing of. Of e-commerce and e-commerce is a you know increasingly big chunk of of the whole retail pie it's. E-commerce is 21.8% of core retail so almost 22% so you know we'll spend over 7 trillion dollars this year and you know well over a trillion of it will be e-commerce. Scot   [17:38]Interesting cool so that's the full year. Jason   [17:41]Yeah well. Scot   [17:43]Basically kind of an average year. Jason   [17:45]So so last, yeah so so well so last year e-commerce had already started slow down it it grew again the average was about 12% it grew 10% last year and we're only growing 7.5% year to date this year. Scot   [17:59]Okay got it okay. Jason   [18:01]But. As I keep pointing out to people the story depending on who you are the story is either vastly better or worse than that those industry averages I just shared because the real story of of retail in 2024 is. This this concept of bifurcation right that there are 5 retailers that are vastly outperforming those industry averages. And they are eating up all of the growth in the industry so these 5 retailers represent 51% of all that growth so if you're 1 of those 5 retailers, you're having a great year if you are not 1 of those 5 retailers you're having a way worse than average year in in most cases so that's, Amazon which alone represents 16% of all retail growth it's Walmart which represents 15% of all retail growth, and it's it's Tik Tok which, you know was well under a billion dollars in sales last year and is trending towards twenty billion dollars in sales this year so they're the fastest growing retail, in the history of mankind and then rounding out these top 5 Growers are the the fastest growing return history of mankind from the last 2 years T-Mobile and shien so, it's kind of T-Mobile Sheen Tik Tok Walmart and Amazon's world and the rest of us are just living in it which is you know somewhat alarming for the rest of retail. Scot   [19:26]Yeah yeah definitely is it seems like those the chinese-based guys seems like they're taking share from somebody but it's not Amazon is it dollar stores because it's kind of like this convenience-oriented lower price kind of stuff right. Jason   [19:42]Yeah so it it it it's it's inexpensive variety Goods the, it it very likely is taking share from from the the dollar stores the dollar stores have not fared well which historically, you know there's there's some economic headwinds there's a thing going on in the United States that I I like to call A vibe session which means, some of the the economic fundamentals are actually pretty decent but people are really, consumer sentiment is down and people are really cutting back on their spending there's a lot of evidence that people are trading down and and trying to be more frugal, and that kind of climate normally has favored the dollar stores and yet you know they're they're definitely performing below these, these industry averages so certainly a chunk of of the Tik Tok team mushy and growth um is coming at their expense. Some of the sheen growth is coming at the expense of luxury which you know historically luxury has been been insulated from downturns in the market but you know we're starting to see. Some softness in their earnings and for sure softness in their guidance. So you know the you know people that would have bought more designer stuff maybe they're still buying some designer things but they're mixing it in with really affordable fashion from. From shien like I I am sure Amazon is losing some sales to Tik Tok shops that they would like to have but for your point. Jason   [21:08]Amazon still you know growing much faster than the rest of the market and so yeah it's not it's not eroding Amazon's any share it's just eroding their Tam. [21:28] Concerns for Holiday 2024 Scot   [21:19]Got it okay so that's the setup so e-commerce has slowed down a bit retails kind of doing its thing what what does that mean for holiday. Jason   [21:29]Yeah so I I have become Debbie Downer I am concerned about holiday this year, so if we just kind of extrapolate out these Trends again 3.4% growth is below our historic average so if something dramatically didn't turn around if consumer sentiment didn't get a lot better. For this holiday you would expect this to be a slightly soft. Holiday and I I really think this trend of winners and losers is likely to continue through holidays so I think you're going to see a handful of retailers perform really well holiday at the expense of everyone else and I. I I think on average that's going to mean that revenue is kind of similar to traditional holiday growth. But I I suspect that that's that margins, will be even further eroded than usual so so usually for Holiday retail grows about 4.3% e-commerce grows at 12.9% I don't think we'll see either of those numbers for holiday this year and I think. Jason   [22:34]You know if if retail grows at 3.7% and Ecom grows at 8% you know I still think you're going to see Amazon Walmart and Tik Tok grab, disproportionate share of that holiday spend which is going to be bad news, for a lot of other folks and those are just kind of the macro Trends you have to layer in that that there's a couple of reasons to to be worried about this holiday regardless of the trends going into this holiday so. We have a different calendar a number of days in the holiday season every year, and this is our worst year this is the year when we have the fewest days and holiday which actually you know historically does depress sales if there's fewer days to shop then then we sell less stuff and so this is the shortest holiday season that we ever get, and historically an election year is not favorable to Holiday spend right so traditionally there's some some anxiety and you know. Competition for attention, that plays into these November elections that impacts holiday and I I think you know this will be the most polarized election ever and so I think it's you know no matter what the outcome is half the country is going to be pretty depressed and that that likely you know translates into not an awesome holiday so so we got some things working against us. Scot   [23:53]Yeah so if that's the headwinds I'll throw in a Tailwind so as a our celebrated CNBC junkie the all they talk about is the Fed meeting tomorrow where you know it's pretty clear the fed's going to lower interest rates and the big question is is it going to be a quarter point or half a point I think I I I'm not a prognost prognosticator on that I think whatever they do it's going to be wildly popular and relief a lot of this kind of interest rate pressure we've everything's been on so even if it's only a quarter point I think it'll be somewhat euphoric for the market and for for hopefully for consumers to feel like interest rates are coming down a little bit so maybe that'll like bump start some house buying and selling and they'll be a little bit more liquidity in the market so so I'm going to think of that as more of a Tailwind so there's some positivity going on there do you worry about the election because I think it's just going to take forever to figure out who won and, everyone's going to contest it and it's gonna be like this unknown thing for a very long time so we'll see how that goes. Jason   [24:55]Yeah and you live in a swing state so I can only imagine what's happening to your media. Scot   [24:59]Yeah we just kind of we can't even like the male is an inch thick full of like Gunk and you kind of have to sort through all the stupidity I'm not a political person to get to like you know the bill and make sure you pay it and that kind of stuff and then the you know, at the TV is just crazy but thank goodness I'm not in Pennsylvania I think they're getting just totally hammered right now. Jason   [25:18]Yeah probably so and In fairness while we're covering Tailwind like this could be a headwind or a Tailwind but like I will say in general the macros are getting a little better right so inflation has been steadily coming down the 1 the most stubborn version of inflation had been. In in this core retail category is is food and even food you know they're all down below 3% which like pre-pandemic they were kind of in that, 2.1 2.3% and the FEDS sort of stated goal was to keep inflation between 2 and 3% so, you know we still had all the pain of the high prices over the last couple of years but like. Prices really have started to come down so on the 1 hand that helps consumer sentiment you know just like in announcement from the FED would and so that that's favorable you know most of the jobs reports have been you know pretty good there's there there's some decent news that in theory should make people feel better, the flip side is inflation going down actually hurts retail sales because the stuff they sell is cheaper and so when, comping with low inflation against a previous year of higher inflation it actually can make your comps more challenging. So yeah it's a a complicated mix of stuff going on. Scot   [26:35]Yeah does that if you boil all that down do you end up with a like a semi prediction like if your clients were to say to you give me a number what what do you spit out. Jason   [26:45]Yeah I I'm saying buckle up I normal retail holiday growth is 4.3% and I think we're retail growth is going to be below 4 this year. Margins vary wildly depending on the category but I think average margins are going to be down across the board like there there are going to be some some outliers like the the interest rates have really been brutal on the Home Improvement guys right like if you know people can't get loans they're trapped in their house uh they don't buy new houses they spend a lot less in Home Depot and Lowe's and I think it's pretty likely Buy holiday that there's some, some movement in the in the interest rates which like at the at the very least is going to Goose. That housing market which is going to have a trickle on effect to the the Home Improvement guys so I I suspect they'll have. Better holiday than they have the last last couple of years but overall I I'm not optimistic, you know with the caveat that some some really good operators or some people with a really clever model like the Amazon Walmart Tik toks are are likely gonna you know have a really good run this holiday. Scot   [27:51]Okay cool I will I do not have a prediction so I'll stick with yours. Jason   [27:58]Usually that doesn't work out well for you but thanks. Scot   [28:01]I have to go review our it's been so long I have to go look at our New Year's predictions because there's always start to be coming to fruition here soon. Jason   [28:09]Yeah yeah yeah I've kept half an eye on some of them and there's there's going to be some some are going to come down to the wire some I I would have thought were safer but like you know surprisingly Amazon's pretty slow getting their their AI stuff out the door so we'll see. Scot   [28:23]Yeah yeah there's the so this is a sidebar that we didn't really prepare for but did you see they tried to build their own and they kind of couldn't and they had to punt and they're using and. Not anthropology the 1 that starts know they're using anthropic. Jason   [28:41]Anthropic that's right yes I did see that um. Scot   [28:44]Yeah so that's got to be embarrassing I mean they invested like some bazillions of dollars. Jason   [28:47]To I mean Amazon is kind of a not invented here company so like when they have to give up on the internal initiative and and rent someone else's Tech that that probably doesn't feel very good. Scot   [28:59]Yeah I made the mistake of changing my action button on my phone to the chat GPT voice and then I've been I switched from Google in my search to perplexity so I've gotten used to asking these pretty complex questions and then I chat with Alexa and I feel like I'm talking to a kindergarten I'm like I'll even like ask it something you know play this song from this album by that artist and it loses itself halfway through half the time I feel like it's brain is melting and it's just like getting Dumber even though I know it's at a Baseline. Jason   [29:29]Yeah no absolutely and and I would say it's even more acute in my household because I live with a 9-year-old um and and his default is that, it should know all of this stuff right and it asks he asks these really complicated questions and I like can't tell you how many times a day I have to say to my son she's not going to know that. Scot   [29:50]Why dad why. Jason   [29:54]But but for your point hand him like, you know he basically lives to play Roblox and watch you to Awful YouTube videos um and I can hand him chat gbt 40 and like it's about as entertaining as Roblox to him which is amazing. [30:27] The De Minimis Provision Scot   [30:13]Gotcha does uh so you mentioned Teemu and all that jazz you have been tracking this rule that allows China to use our postal system to send stuff free what's going on with that puppy. Jason   [30:27]Yeah so that is famously called the Dominus provision and it's this rule that got. Put into the US Customs Enforcement in like 1938 and the idea was hey if people are going to ship stuff in the United States like we want to charge tax on it we want to charge duties and we want to have rules about what kinds of things from a safety standpoint and from a a human interest standpoint can be imported into our country right and so so normally you ship something from another country it has to go through inspections it has to go through duties but gosh there's this new kind of peer-to-peer marketplaces and there's eBay sellers selling stuff in London to people in the US and we don't have enough Customs agents to inspect all these little, packages that Scott Wingo is helping people sell on the internet right so we're going to pass a rule called the Dominus provision which is if you ship something that has less than 5 dollars of value, you don't have to declare it you don't have to pay taxes on it it's not getting inspected by anyone and it was really just a labor savings for for the the Customs agents in like you know originally in 1939 when like it was it was an e-commerce it was mail order back then. Jason   [31:44]But in like 1996 that that. 5 Dollar limit got bumped to Dollars and then in 2016 the hundred dollars got bumped to $800 and that really opened the floodgates that's when companies like shien and tiemoue figured out that hey instead of filling up a container of stuff, and shipping that container to the US and having to pay C duties on that container and having that container come over in a boat and take a long time to get here I can put each. Sale in an individual envelope, and Air Freight it to the US and it'll be under the 800 hour minimum so I won't have to pay duties on it I won't have to get it inspected. And you know these these factories in China, and these these marketplaces of these factories in China you know quickly built a huge business shipping individual packages to Americans right and so that's. Jason   [32:48]You know today they they quote unquote exploit what we call the Dominus provision. To to ship all those packages right and so there's been a lot of complaints by people that have to compete with the, the those those you know cheap Imports and there's been a lot of saber rattling in Congress about how you know this is exploitation and all these things, and so last week Biden proposed, that he was going to issue an executive order that goods from China no longer qualify for the de minimis exception and so what that would mean is regardless of the value. Every single package that comes from China would have to go through customs would have to be inspected would have to meet all of our import requirements and so, you know some people are looking at that and saying oh man that's going to put a huge dent that's going to make shien goods and Tik Tok goods and tiemoue goods more expensive. And that might rebalance you know all of these trends that that you and I have just been been talking about. I regrettably am a little more skeptical that it's going to have a huge impact. Jason   [33:58]Couple of other sort of interesting facts to know about this Dominus thing so first of all. Not going to shock anyone there's a lot of american-based companies that are now taking full advantage of this de minimis Clause right so. Jason   [34:12]Not going to name names on the podcast but there's a lot of big sellers that are us-based that import containers of goods to Mexico and then put those, unpack those containers in Mexico and ship, the goods in individual packages from Mexico to the US so they get relatively fast delivery and they get to bypass all the duties and tariffs and you know that's that that's being done by by a number of like big famous, uh retailers and brands in the US so this kind of Dominus rule if it if it affects goods from China. I guess the first thing I would expect to see is Tik Tok and team who are going to start shipping containers to Mexico and importing them from another country right and so we're going to get kind of a a wacko, situation and if you if you Google section 321 which is the the. Part of the the Customs law that that that amendments provision is in section 321 shipping you're going to find that there's dozens of 3pls that specialize in in doing this for you so. I think it's going to be harder to knock down than 1 executive order but the bigger problem is. Tik Tok to and shien together are by some estimates sending about 900,000 packages a day. Jason   [35:33]2 of the United States and so if you could magically wave a wand and say all 900,000 of those packages have to be inspected before they can come in. Think what that would do to the rate of goods flowing into the United States right like all everybody's Imports all the containers would get slowed down because, we have the same number of Customs agents we've always had an executive order can't hire a bunch of new Customs agents that would require new budget from Congress and that seems a lot less likely. So just like the reason the Dominus was there is we didn't have enough people to look at all these packages and that was when they're way less packages than there are now so. If we could somehow like do away with Dominus like would it, reduce the number of shipments probably but it still would be way more shipments it would still overwhelm well customs and would likely suddenly mean all those goods that are I guess holiday Goods for the most part are already on the way are already here but like, it it would probably have a dramatic effect on on q1 availability of goods because it would just gum Up Customs so while I I like the ex the spirit of trying to, update the laws to have a More Level Playing Field I kind of doubt in practice that 1 Executive Order is is going to fix this super complicated problem. Scot   [36:51]Yeah now that we're through earning season did you hear anything else interesting in earnings that we were not able to do an Amazon's earning podcast there wasn't really anything super exciting other than. You know kind of more of the same I think you know the AWS did better than a lot of people thought which was good, and that everyone's really focused on that because of the AI stuff everyone's worried Amazon's going to lose share but they seem to be holding their own and then e-commerce and, the retails were were kind of in line so they didn't really slow or speed up, if you have any there was a little color around Prime day but nothing Earth shattering any other interesting things from earnings Seasons you saw. Jason   [37:31]Yeah so so again like what you've you've kind of had 3 kinds of retailers right you had those 5 retailers that I mentioned only only 2 of them have like earnings calls in the US which is, Amazon and Walmart. Tik Tok is owned by bike dance which has has earnings calls in China and team was owned by poor which has earnings calls in China she and is trying to go public they're trying to list in in London so we haven't really seen any, any earnings calls from them so they they've had interesting things you've actually had T-Mobile stock took a pretty big hit after their earnings because they, reported great sales but by dance like lowered his guidance and part of it is I believe. In in response to how much share Tik Tok shops has captured so this is 1 of I think 1 of the most interesting stories of the year is. Jason   [38:23]For probably as long as I've known you Scott like we've always talked about social commerce and people are always talking about like. Hey there's all this attention on Facebook are people going to be able to sell Goods on Facebook and just not even need e-commerce sites anymore and the narrative we've always had is man it's been tried dozens and dozens of times and it so far hasn't worked it seems like. Us consumers don't want to shop on their social platforms they want to interact with their friends on their social platforms and they want to shop on their shop platforms, but the 1 place in the world where this does seem to be working is China where, pendo Duo on Alibaba had been you know pretty successful 10-cent had been pretty successful with with social commerce and, that narrative is kind of over right now because Tik Tok shops is selling twenty billion dollars worth of stuff direct to Consumer and Tik Tok is. Really winning with consumers attention and especially with younger consumer consumers attention so you know. Jason   [39:21]Gen Z Shoppers are are gen Z consumers are spending like an hour a day, on Tik Tok like the Olympics didn't do very well because nobody watches long form video on television anymore like they're all watching all this this short form content on Tik Tok and Tik Tok has been able to turn that attention, into sales so much so that you know the most successful e-commerce site on the planet while Amazon has has kind of said like hey we can't beat him so we're joining him right so Amazon announced, a deal with Tik Tok where you can run an ad on Tik Tok have direct Commerce in that ad and check out with your Amazon credentials and have your order fulfilled by Amazon Prime, in an ad on the Tik Tok platform so that is super interesting and Amazon has said and we're going to start shipping Goods direct from China just like Tik Tok and T-Mobile and shien so they've announced that they're going to, [40:27] TikTok's Impact on E-commerce Jason   [40:19]direct to Consumer from factory model you know presumably to take advantage of some of this these same de de minimis. Jason   [40:27]Provisions that we we talked about earlier so it's kind of interesting to see Amazon have to kind of match some of the, the offerings and play with some of these Frenemies you know historically you know that's that's gone the other way right like it was it was the old Legacy retards that were having to begrudgingly or brands that had to begrudgingly, moved to Amazon so interesting to see Amazon moving to Tik Tok so that was a super interesting. Jason   [40:56]Sort of evolution this year I'm going to be really interested to see whether the, the Tik Tok thing you know it's mostly inexpensive impulse Goods at the moment and, you know can that get traction with staples will people buy more premium Goods we're starting to see more and more Brands I just spent some time with, Keurig which owns you know a bunch of the coffee brands and they're now doing direct Commerce on Tik Tok shops so it kind of went from all unbranded stuff on Chinese factories to, you know we're starting to see branded merchandise in the Tik Tok shop so, that super fascinating and then on a much more scale 1 other thing that really jumped out of me in the investor call after the Amazon earnings is the Amazon CFO talked about. Jason   [41:43]The softness that people have seen in the drug channel right and so Walgreens write a CVS haven't been having a very good run lately and and he called out that like Amazon probably got a boost in sales because the the Walgreens so helpfully locked all the products behind cages and that like uh. You know was an impediment to sales at Walgreens and caused a lot of those sales to happen on Amazon instead and so you know if you remember last year a lot of retailers were claimed you know crying about shrinking complaining a lot about shoplifting you're not hearing a lot of conversation and earnings calls about shrink this year. And now you know Amazon saying like man we're we're a beneficiary of all the the eroded customer experiences, that that have resulted from an overreaction to shrink. Scot   [42:34]Hu yeah I saw there's a CVS has a thing where you can actually tap with your phone I guess it has an NFC chip in it and so I imagine you have to have the CVS app and be logged in and then you can tap to get into that cage so at least you don't have to wait an hour for someone to wander by and and get you your your pack of gum. Jason   [42:55]Yeah which I have mixed feelings about on the 1 hand I really admire The Innovation and that's a clever way to reduce the friction if you are going to put all these products and product jail which is what I call those those cases the, the pro you know the the argument would be, in CVS's case you have to be a member of their Affinity program and have their app on your phone in order to unlock the cases and so like in practice essentially what that means is you know all of America used to be able to shop at CVS now it's a members-only store right like now it's it's it's essentially Costco like you you have to be a member and give them all your data or you're going to have really inconvenient access to the razor blades and so you know, I could see that going either way like if if you compare it to Walgreens or Raid where you don't get that option like it might be looked at favorably but if you kind of look at it in big picture and say wait a minute you're going to lock up all this stuff and then you're going to make me be a member of your Affinity program in order to, to just be able to do what I've always done or at least since the 1920s when Piggly Wiggly opened up all this stuff. Jason   [44:01]I you know I could imagine consumers not not reacting super well to that, I don't actually know if the CVS is is like Bluetooth or NFC but you did bring up another point. IOS 18 launch today and 1 of the cool features in iOS 18 is they have apple is for the first time opened up the NFC chip to third-party apps so. Under iOS 18 it would be possible for CVS to use that NFC chip to unlock the, the uh their their smart locks that would not have been possible in the previous operating system so that's a fun Commerce innovation, that came to uh Apple today, and I haven't seen any announcements yet but I'll I'll be surprised if we don't see some some cool evolution of some of the digital wallets to take advantage of that new feature as well. Scot   [44:50]Pretty cool yeah so anything else before we wrap up that that you want to prep listeners for as we go into holiday. Jason   [44:58]No no I feel like we covered a lot of ground again I'm I'm super sorry on my behalf and and Scott's behalf that we've been a little sporadic with the shows we really appreciate all the kind words people have, been sending our way and for sure I take it as a compliment that people are mad at me that we haven't been putting out shows so hopefully we'll we'll be able to find some good Windows throughout the rest of the year to get some, some shows out there I you know certainly want to do a recap after grocery shop coming up and we'll certainly want to cover holiday and maybe we can do some. Go old school and do some live shows from interrupt this year if we can get you to come to to New York Scott. Scot   [45:35]Yeah yeah the we'll look at the weather and see how it goes. Jason   [45:39]Yeah yeah yeah if if you're an investor in his fund use use that leverage to pressure him to do it. Scot   [45:45]Hey that hurts. Jason   [45:46]And if you're not an investor nurse fund why the heck not. Scot   [45:49]Heck yeah between your fund.com come on aboard. Jason   [45:52]Exactly well Scott that's probably going to be a great place to leave it if you're super ecstatic that we are back on the air feel free to jump on iTunes and give us that 5-star review we want to refreshen those up and. Until next time happy commercing.  

Supply Chain Now Radio
Air Freight Roulette – How to Win

Supply Chain Now Radio

Play Episode Listen Later Sep 9, 2024 50:20 Transcription Available


In this episode of Supply Chain Now, hosts Scott Luton and Kim Reuter delve into the intricacies of the airfreight industry, a critical yet often overlooked component of the global supply chain. Joined by special guest Sean Francisco, Chief Operating Officer for the Americas at Apex Logistics International, the conversation explores the current state of airfreight, the profound changes post-pandemic, and the evolving strategies companies must adopt to stay ahead.Listeners will gain valuable insights into how e-commerce is reshaping airfreight dynamics, the importance of selecting the right logistics partners, and the challenges of managing change in a rapidly shifting industry. Tune in to learn how to optimize your organization's approach and stay competitive in a changing landscape.Jump into the conversation:(00:00) Introduction to today's topic: the airfreight industry(09:15) Overview of the airfreight industry(14:16) Changes in the airfreight industry post-pandemic(18:28) The importance of picking the right airfreight partner(22:18) The role of change management in airfreight(24:01) Securing airfreight capacity: a strategic approach(27:27) Flexibility and silo-busting in supply chain(30:07) The consequences of sticking to old supply chain strategies(35:53) Predictions for the peak season in airfreight(41:03) Challenges of adapting to changes in the airfreight market(44:18) Final thoughts: the importance of evolving supply chainsAdditional Links & Resources:Multi-Modal Flexibility Within Your Logistics Network: Future-Proofing Operations Amidst Supply Chain Volatility Whitepaper: https://bit.ly/3X0ZmWMApex Introduces the Final Boeing 747-8F: https://www.youtube.com/watch?v=HPqegI866w8Learn more about Apex Logistics: https://apexglobe.com Connect with Sean: https://www.linkedin.com/in/seanm-francisco Learn more about our hosts: https://supplychainnow.com/aboutLearn more about Supply Chain Now: https://supplychainnow.com Watch and listen to more Supply Chain Now episodes here: https://supplychainnow.com/program/supply-chain-now Subscribe to Supply Chain Now on your favorite platform: https://supplychainnow.com/join Work with us! Download Supply Chain Now's NEW Media Kit: https://bit.ly/3XH6OVk WEBINAR- Optimizing Procurement Operations with Group Purchasing Organizations: https://bit.ly/3yKnaVBWEBINAR- Mastering Shipping: Insider Tips for Reliable and Cost-Effective Deliveries: https://bit.ly/3XdC3t5WEBINAR- Creating the Unified Supply Chain Through the Symbiosis of People and Technology: https://bit.ly/3XDtrejThis episode was hosted by Scott Luton and Kim Reuter and produced by Amanda Luton and Katherine HIntz. For additional information, please visit our dedicated show page at: https://supplychainnow.com/air-freight-roulette-how-win-1322

On Air with Air Cargo World
Air One cargo eVTOL nabs $17M in orders

On Air with Air Cargo World

Play Episode Listen Later Aug 30, 2024 20:45


Israeli aircraft developer Air has one rule when it comes to electric aviation: Keep it simple. The startup's Air One electric vertical takeoff and landing (eVTOL) aircraft is simple, comfortable and efficient, with eight motors and a user-friendly control system, Air Chief Executive and co-founder Rani Plaut tells Air Cargo Next in this episode of “On Air with Air Cargo Next.”    “The core of the design is trying to keep things as simple as possible,” he said. “We don't have any moving parts. Our solution is based on smart compromises and a little bit of aerodynamic trickery versus high complexity.” Air One, capable of traveling up to 150 miles per hour with a payload of 550 pounds, debuted in 2022, and Air joined the U.S. Air Force's Agility Prime program in 2023 to expand technology transition paths for electric aircraft manufacturers.   The eVTOL, which is intended to optimize last-mile cargo deliveries, can also be used recreationally and seats two people, Plaut said. “The cargo unit is the same unit, simply without the seats and the avionics,” he said. “And since we have started testing the aircraft, as all the individual companies are doing by remotely piloting or autonomous piloting, it is already set for cargo use cases. So far, we have $17 million in purchase orders for cargo units.” Air generated more than $1 million in revenue in 2023 and, this year, that number is expected to reach $7 million, Plaut said. In this episode of “On Air with Air Cargo Next,” the CEO discusses how the company was founded, why eVTOL designs should remain simple and Air's next moves. 

Supply Chain in the Fast Lane
Season 5, Episode 5: Balika Sonthalia of Kearney on the air freight market.

Supply Chain in the Fast Lane

Play Episode Listen Later Aug 7, 2024 13:27


The Council of Supply Chain Management Professionals (CSCMP) and Supply Chain Xchange  bring you this podcast filled with deep industry discussions. We talk to today's top thought innovators, spanning topics across the entire supply chain. Supply Chain in the Fast Lane fast tracks topics you need to know from leaders you want to know.In this Fifth Season of ten episodes, we look at The State of Logistics.SEASON 5 :The State of LogisticsEPISODE 5: Air Freight Market OutlookCapacity is much tighter in the air freight market than what was forecasted at the beginning of the year. What can we expect for the rest of 2024? Balika Sonthalia, a partner at the global consulting firm Kearney, weighs in.Guest: Balika Sonthalia, partner at KearneyModerator: Susan Lacefield, executive editor, Supply Chain XchangeSupply Chain in the Fast Lane is sponsored by:HERE TechnologiesLinksLearn more about CSCMPJoin the CSCMP communityCSCMP's Supply Chain XchangeSubscribe to CSCMP's Supply Chain XchangeSign up for our FREE newslettersListen to our sister podcast, Logistics MattersAdvertise with CSCMP's Supply Chain Xchange

MONEY FM 89.3 - Prime Time with Howie Lim, Bernard Lim & Finance Presenter JP Ong
Under the Radar: What is Emirates SkyCargo's assessment of global and Singapore air freight demand amid port congestions?

MONEY FM 89.3 - Prime Time with Howie Lim, Bernard Lim & Finance Presenter JP Ong

Play Episode Listen Later Jul 29, 2024 37:24


We're going to bring you an inside look into the air cargo industry today as we speak to the cargo arm of the world's largest international airline.  Incepted in 1985, our guest Emirates SkyCargo prides itself as a facilitator of global trade, tapping Emirates' global network of over 140 destinations across 6 continents to transport goods to all corners of the world.  The cargo arm prides itself as having an extensive cool chain capacity, including the world's largest, EU GDP-certified pharmaceutical hub to transport sensitive cargo quickly, efficiently and reliably. It operates two world-class cargo terminals at its dual-airport hub in Dubai, with a capacity of over 2.3 million tonnes per annum.  In Singapore, operations began in 1990 with direct flights from Dubai to Singapore and Manila. Since then, the airline has increased capacity to 3 freighter flights per week to strengthen trade links between the East and West.  More notably, Emirate SkyCargo transported over 18,600 tonnes of cargo in and out of Singapore in FY 23-24, with key exports from Singapore being ship and aircraft parts, pharmaceuticals, mobile phones and more, and key imports being fresh fruits and foodstuffs. But how important is Singapore's air hub to Emirates SkyCargo? Meanwhile, data from the International Air Transport Association or IATA released in July showed strong annual growth in demand in global air cargo markets in May. With port congestion remaining an issue for the industry, what will this mean for Emirates SkyCargo in terms of prices and demand for air freight? Is the situation more or less pronounced in Singapore than around the world? On Under the Radar, The Evening Runway's finance presenter Chua Tian Tian posed these questions to Ravishankar Mirle, Vice President of Cargo Commercial, Far East & Australasia, Emirates SkyCargo.See omnystudio.com/listener for privacy information.

On Air with Air Cargo World
AI tools broaden Alibaba's network

On Air with Air Cargo World

Play Episode Listen Later Jul 18, 2024 12:23


AI, which is increasingly improving operations in the supply chain, may also be a gamechanger for small- and medium-sized businesses (SMEs) looking to broaden their networks, Yikun Shao, head of North America supply chain at Alibaba, told Air Cargo Next.

Talking Aerospace Today
Innovating Global Air Freight: Natilus and Immersive Engineering

Talking Aerospace Today

Play Episode Listen Later Jul 16, 2024 23:58


One of the most exciting aspects of advanced air mobility (AAM) is the potential for innovation in air freight, particularly with autonomous, highly efficient aircraft. Innovating in this field comes with technological, regulatory and cultural challenges. However, companies like Natilus are making significant strides, offering valuable insights for the industry and paving the way for advancing technologies such as immersive engineering.  In this episode, Todd Tuthill, Vice President of Aerospace and Defense for Siemens Digital Industries Software is joined by Aleksey Matyushev, Founder and CEO of Natilus, a company transforming the global air freight sector with their unique blended wing body aircraft. Together, with host Patty Russo, they discuss the vision and technological advancements driving success at Natilus and the broader implications for the AAM industry.  In this episode, you will learn:   • The role of Siemens digital transformation technology and immersive engineering capabilities in aircraft design  • Why innovating in air freight is crucial for the aerospace industry   • The key enablers Natilus is adopting to develop this groundbreaking aircraft      Todd Tuthill    Todd Tuthill is the Vice President of Aerospace & Defense for Siemens Digital Industries Software.  Connect with Todd on LinkedIn    Aleksey Matyushev – Speaker    Aleksey Matyushev is the Founder and CEO of Natilus.   Connect with Aleksey on LinkedIn    Patty Russo – Host    Patty Russo is a Global Marketing Manager for Siemens Digital Industries Software.  Connect with Patty on LinkedIn 

The Logistics of Logistics Podcast
Market Insights with Supply Chain Economist Jason Miller

The Logistics of Logistics Podcast

Play Episode Listen Later Jun 26, 2024 63:50


Jason Miller and Joe Lynch discuss market insights. Jason is a professor of supply chain at Michigan State University, which is ranked as one of the top supply chain schools in the world. Summary: Market Insights In this podcast, Jason Miller, a professor at Michigan State University, shares his expertise on the current state of the supply chain and logistics industry. He discusses the ongoing freight recession, the impact of Trump tariffs on the US economy, and the potential effects of reshoring. The podcast also covers recent disruptions in the container shipping market and air freight volumes from Asia to the US. Additionally, Jason Miller emphasizes the importance of understanding data quality and expresses skepticism about the revolutionary potential of AI in certain domains. The discussion highlights the significance of making informed decisions based on real-time data and qualitative forecasts. #SupplyChainInsights #FreightMarketOutlook #DataDrivenDecisions About Jason Miller Jason Miller (PhD The Ohio State University) is a tenured Associate Professor of Logistics and the John D. and Dortha J. Withrow Endowed Emerging Scholar at Michigan State University's Eli Broad College of Business. His primary research stream examines firms' logistics operations, with an emphasis on studying motor carrier safety, productivity, pricing dynamics, and driver turnover. Jason has been recognized with multiple awards for research and teaching. He was recognized as the undergraduate faculty member who had the greatest impact on students based on the 2017 graduating senior survey. The website Poets & Quants has recognized him as one of the top 40 undergraduate professors. About Michigan State University, Department of Supply Chain Management Michigan State University is a public research university in East Lansing, Michigan. MSU was founded in 1855. Today, MSU is one of the largest universities in the United States and has approximately 634,300 living alumni worldwide. MSU's Department of Supply Chain Management is the consistently ranked as the top supply chain management school in the country. The department educates students to succeed in careers such as procurement, manufacturing, inventory management, warehousing, transportation, and customer service. Students graduate with foundational knowledge across all areas of SCM, positioning them to work in multiple capacities for the top global companies. The business world views Broad's graduates and faculty as the voice of the SCM field. Key Takeaways: Market Insights Jason Miller shares insights on the current state of the supply chain and logistics industry, discussing freight rates, inventory levels, and consumer spending. The freight market has been in a recession since late 2022, with spot rates and demand moving along a trough. The impact of reshoring on the US economy depends on the location of the parts ecosystem, and interest rate cuts by the Fed will likely be needed to stimulate freight volumes and housing activity. Air freight volumes from Asia to the US, particularly from India and China, have seen a significant increase due to ecommerce demand for cheap goods. AI will revolutionize fields like drug discovery and engineering but may struggle with economics and human-related activities due to unpredictability and measurement difficulties. Making informed decisions involves understanding data sources, forming a coherent narrative, and using qualitative forecasts based on experience and intuition. Timestamps (00:00:01) Market Insights with Supply Chain Economist (00:00:17) Supply Chain Challenges and Economic Outlook (00:01:09) The Supply Chain Economist (00:03:26) Freight Markets: Trough, Capacity, and Demand Surges (00:10:27) Tariffs' Negative Impact on the Economy (00:19:06) Reshoring, Interest Rates, and Freight Volumes (00:21:14) Container Shipping Demand Surges, Rates Soar (00:24:22) Navigating Disruptions in Global Shipping Routes (00:27:55) The Surprising Surge in Air Freight (00:32:20) Freight Recession Amidst Economic Stability (00:40:40) The Limitations of AI and Data (00:49:57) The Potential and Limitations of AI (00:57:57) Freight Markets, Recession, and AI Readiness (00:59:21) Making Sense of Data and Decision-Making (01:01:10) Data-Driven Decisions in a Transforming World (01:03:05) Engaging with Logistics and Supply Chain Leaders Learn More About Market Insights Jason Miller MSU Supply Chain Management Program Jason's profile on MSU's website Supply Chain Basics with Jason Miller Logistics and Supply Chain - 1940 to 2040 with Jason Miller The Logistics of Logistics Podcast If you enjoy the podcast, please leave a positive review, subscribe, and share it with your friends and colleagues. The Logistics of Logistics Podcast: Google, Apple, Castbox, Spotify, Stitcher, PlayerFM, Tunein, Podbean, Owltail, Libsyn, Overcast Check out The Logistics of Logistics on Youtube

On Air with Air Cargo World
Digital twin applications for air cargo

On Air with Air Cargo World

Play Episode Listen Later May 24, 2024 16:12


Digital twin technology allows air cargo operators to visualize how new technologies will integrate into operations in real time while reducing overall costs and improving efficiency — all within a highly accurate and immersive digital space.

On Air with Air Cargo World
Air cargo needs to digitalize more quickly

On Air with Air Cargo World

Play Episode Listen Later May 9, 2024 17:52


After 50 years in the logistics industry, both in sea and air, Cargo iQ Executive Director Lothar Moehle has seen a lot of change, some good and some bad. Reflecting on his five decades of experience in this sector, Moehle discusses how the air cargo industry has changed, what changes still need to happen and what will never change, in the latest episode of “On Air with Air Cargo Next.” 

On Air with Air Cargo World
AI creates technological ‘inflection point'

On Air with Air Cargo World

Play Episode Listen Later Apr 24, 2024 16:32


Raft Chief Marketing Officer Greg Kefer discusses how AI has created a global inflection point, akin to those created by the introduction of the personal computer and the internet, in the latest episode of “On Air with Air Cargo Next.” 

On Air with Air Cargo World
Brandon Fried discusses funding for airports, illicit drugs, e-commerce

On Air with Air Cargo World

Play Episode Listen Later Apr 16, 2024 13:40


Airforwarders Association Executive Director Brandon Fried emphasizes the need for the U.S. government to invest in airport infrastructure in the latest episode of “On Air with Air Cargo Next.”

On Air with Air Cargo World
Podcast: DP World on nearshoring, automation, supply chain efficiency

On Air with Air Cargo World

Play Episode Listen Later Apr 10, 2024 9:11


Joining Morten Johansen, Carla Montenegro, vice president of commercial freight forwarding for the Americas at DP World, discussed automation integration, globalization trends and nearshoring in this episode of “On Air with Air Cargo Next.” 

RTHK:Video News
Customs seize HK$84m worth of gold in air freight

RTHK:Video News

Play Episode Listen Later Apr 8, 2024


Coffee with Crane
April 2024 | Latest Shipping Updates - CARM, Air Freight update, Baltimore bridge collapse and more

Coffee with Crane

Play Episode Listen Later Apr 2, 2024 5:00


In this episode of the Crane Worldwide Logistics News Podcast, Coffee with Crane, we share some insights on Canada's CARM, Ohio's major freight hub, air freight update and more on the Baltimore bridge collapse. Tune in! 

On Air with Air Cargo World
cargo.one's Claussen on end-to-end quotes, AI, tech integration

On Air with Air Cargo World

Play Episode Listen Later Mar 14, 2024 14:41


Cargo.one founder and co-Chief Executive Moritz Claussen sat down with Air Cargo Next at the World Cargo Symposium in Hong Kong to discuss end-to-end quotation capabilities, digitalization, AI and cybersecurity for the latest episode of “On Air with Air Cargo Next.” 

Down to Business English: Business News to Improve your Business English
Turbulent Skies: The Shifting Winds of Air Freight and Cargo

Down to Business English: Business News to Improve your Business English

Play Episode Listen Later Mar 9, 2024 20:35


The Air Cargo and Freight industry has faced many challenges over the past few years. The COVID-19 pandemic, increasing operational costs, and fluctuating customer demand have all been issues the industry has had to deal with. In this episode of Down to Business English we look at all of these factors. This episode is perfect for anyone looking to enhance their understanding of global trade dynamics while improving their business English skills. Skip Montreux and Samantha Vega examine the state of the air cargo and freight industry. Their discussion offers an insightful look into the sector's response to unprecedented times, including the impact of the COVID-19 pandemic, the surge in e-commerce, and the evolving needs of global supply chains. For those looking to enhance their business English, Skip and Samantha's conversation provides a rich source of learning. Topics they discuss include: The distinction between air freight and air cargo, and the specific terms used within the logistics industry. The dramatic effects of the COVID-19 pandemic on air transport and how it altered global supply chains. The role of e-commerce growth in increasing demand for air freight services. Strategies airlines have adopted to convert passenger planes to cargo carriers, including the financial and operational implications.. Do you like what you hear? Become a D2B Member today for to access to audio scripts, bonus vocabulary episodes, and D2B Member-only episodes. Visit d2benglish.com/membership for more information. Follow Down to Business English on Apple podcasts, rate the show, and leave a comment. Contact Skip, Dez, and Samantha at downtobusinessenglish@gmail.com Follow Skip & Dez Skip Montreux on Linkedin Skip Montreux on Instagram Skip Montreux on Twitter Skip Montreux on Facebook Dez Morgan on Twitter RSS Feed

On Air with Air Cargo World
Podcast: Highs, lows and 2024 airfreight trends with Geodis' Kronenberger

On Air with Air Cargo World

Play Episode Listen Later Mar 8, 2024 7:18


With emerging technologies and growing demand, this year marks a comeback period for airfreight, Joe Kronenberger, senior vice president of airfreight for the Americas at Geodis, told Air Cargo Next in this episode of “On Air with Air Cargo Next.” 

BVL.digital Podcast
#203: Die Luftfracht im Einfluss von Temu und Red Sea Crisis (Björn Eckbauer, SVP Airfreight, DB Schenker)

BVL.digital Podcast

Play Episode Listen Later Feb 14, 2024 47:31


In der Luftfracht ist momentan einiges los. Seit Monaten dringen die chinesischen E-Commerce Player, allen voran Temu, mit derart viel Volumen in den Markt, das es inzwischen entgegen allen konjunkuturellen Erwartungen zu Kapazitätsverknappungen und steigenden Raten auf den gängigen Routen kommt. Hinzu kommt, dass Unternehmen jetzt aufgrund der Krise im Roten Meer verstärkt von Seefracht auf Luftfracht ausweichen müssen. Auch das hat enorme Konsequenzen über die unser Host Boris Felgendreher heute mit einem absoluten Seefracht-Experten im Detail spricht. Björn Eckbauer von DB Schenker ist SVP Global Operations & Procurement Airfreight bei DB Schenker. Unter anderem geht es um folgende Themen: - Die Volatilität im Seefrachtmarkt in den letzten Jahren - Das Verhältnis von langfristigen Verträgen zum Spotmarkt und die Parellelen zur Seefracht - Welche strategischen Entscheidungen eine Spedition wie DB Schenker beim Einkauf von Luftfracht treffen muss - Wie Carrier, Speditionen und Verlader mit Volatilität umgehen - Auf welchen Flugrouten es die größten Veränderungen gibt - Wie der Markt vom plötzlichen Nachfrageboom seitens der chinesischen E-Commerce Player, allen voran Temu, überrascht wurde - Mit welchen Volumen wir es hier tatsächlich zu tun haben - Wie groß das tägliche Volumen während der letzten Peak Season war - Welche Auswirkungen der Boom auf Kapazitäten und Raten derzeit hat und mittelfristig haben wird - Wie nachhaltig der Erfolg der neuen chinesischen Player wohl sein wird - Welchen Weg ein Produkt vom Hersteller in China bis zum Verbraucher in Deutschland nimmt - Was Temu derzeit wohl an Frachtkosten pro Sendung zahlt - Die Auswirkungen der Krise am Roten Meer auf den Luftfrachtbereich - Warum Unternehmen erst seit Anfang-, Mitte Februar von Seefracht auf Luftfracht umsteigen und die Raten plötzlich sprunghaft ansteigen - Wann mit einer Entspannung der Lage zu rechnen ist - Und vieles mehr Hilfreiche Links: BVL: https://www.bvl.de/ DB Schenker: https://www.dbschenker.com/de-de

On Air with Air Cargo World
Aventus founder touts Web3 for LHR, supply chain

On Air with Air Cargo World

Play Episode Listen Later Feb 5, 2024 14:30


Aventus founder and Chairperson Alan Vey discusses how Web3 technology works, how it benefits supply chain operations and how the air cargo industry is lagging other sectors in digitalization.

The Allplane Podcast
The Allplane Podcast #105 - air freight moonshots w/Natilus founder Aleksey Matyushev

The Allplane Podcast

Play Episode Listen Later Feb 4, 2024


Is the air cargo market ripe for its own technology revolution?Aleksey Matyushev and his team at Natilus are certainly doing their bit to make it happen.A graduate of Embry-Riddle Aeronautical University, Aleksey has been working at the cutting edge of aerospace technology for quite some time, both on civilian and military projects.He is the founder and CEO of Natilus, a Californian startup that is working on a family of truly disruptive blended-wing-body freigther aircraft that are also designed with autonomous flight capabilities and hydrogen propulsion in mind.A tall order, for sure. But Natilus has secured the backing of quite a few prominent technology investors as well as some major players in the air cargo industry.The Natilus project encapsulates also some of the themes that the broader aerospace industry faces in decades to come: go for a clean-sheet design or not? should commercial aircraft be autonomous or remotely operated? what's the role of hydrogen in the future of aviation?We talk about all this and some more with Aleksey in this episode of the podcast!

The EVA podcast
ESS 338: Award-Winning Insights: A Chat with Megan Ramsey, Air Freight Journalist of the Year

The EVA podcast

Play Episode Listen Later Jan 25, 2024 23:23


Meet Megan Ramsey, a talented freelance journalist who recently clinched the prestigious Air Freight Journalist of the Year award at the Seahorse Journalist Awards. In this YouTube video, Megan shares insights into her award-winning pieces covering e-commerce trends, an Asia report, and the sustainability of air cargo in her engaging interview. Discover Megan's journey into air freight journalism, her perspectives on the rapidly evolving aviation industry, and her thoughts on crucial topics like data sharing and environmental impact. Join us for an insightful conversation with a rising star in the field. Don't miss out on her unique perspective and the fascinating world of air freight journalism! #MeganRamsey #AirFreightJournalism #AviationInsights

The Digital Supply Chain podcast
Charting Sustainable Seas: Transforming Global Trade with Sustainable Shipping Practices

The Digital Supply Chain podcast

Play Episode Listen Later Jan 22, 2024 31:29 Transcription Available


Hi everyone, and welcome to the inaugural episode of the Sustainable Supply Chain Podcast – an exciting evolution from the widely acclaimed Digital Supply Chain podcast, which concluded just last Friday. In this fresh series, we're diving deep into remarkable sustainability stories and strategies that are shaping the supply chain industry.In today's episode, I had the privilege of speaking with Gautam Jain, CEO and co-founder of GoComet, a platform that's transforming the landscape of international logistics. Gautam's journey, from a college dream to revolutionising supply chain visibility, isinspiring. He shares how GoComet, born out of a side business and a need for more efficient logistics, is now aiding major global players like Unilever and Sony in managing their logistics more sustainably.One of the episode's key highlights was our discussion about how GoComet is addressing the crucial issue of carbon emissions in shipping – a significant contributor to global greenhouse gases. Gautam elaborates on how GoComet's platform allows companies to make informed decisions by evaluating carriers based on three pivotal factors: reliability, cost, and most importantly, sustainability. This capability enables companies to align their logistics with environmental goals.We also delved into the dynamics of maritime and air shipping and their environmental impacts. While air freight is generally perceived as more polluting, ocean shipping actually accounts for a larger share of global emissions due to its volume.As we wrapped up, Gautam left us with a powerful message: up to 50% of carbon emission goals can be met simply by choosing more efficient shipping routes and carriers, if only companies had the right information. This is a testament to the power of data and technology in driving sustainable transformation in the supply chain sector.This episode is a must-listen for anyone passionate about sustainability in supply chain management. Don't miss out on these valuable insights. Catch the full episode and join the conversation. Your thoughts and feedback are always welcome. Remember, sustainable supply chain practices are not just good for the environment – they're good for business too.Don't forget to check out the video version of this episode at https://youtu.be/pibSupport the showPodcast supportersI'd like to sincerely thank this podcast's generous supporters: Lorcan Sheehan Krishna Kumar Christophe Kottelat Olivier Brusle Alicia Farag Joël VANDI Luis Olavarria Alvaro Aguilar And remember you too can Support the Podcast - it is really easy and hugely important as it will enable me to continue to create more excellent Digital Supply Chain episodes like this one.Podcast Sponsorship Opportunities:If you/your organisation is interested in sponsoring this podcast - I have several options available. Let's talk!FinallyIf you have any comments/suggestions or questions for the podcast - feel free to just send me a direct message on Twitter/LinkedIn. If you liked this show, please don't forget to rate and/or review it. It makes a big difference to help new people discover it. Thanks for listening.

Complete Intelligence
The Fed, equities, and geopolitics; Iran acting out; and Red Sea: Crude hasn't budged

Complete Intelligence

Play Episode Listen Later Jan 20, 2024 55:43


Experience the power of AI in forecasting Markets. Subscribe to CI Markets Free: https://completeintel.com/marketsWelcome to the latest episode of The Week Ahead with your host, Tony Nash! Today, we've assembled a stellar lineup featuring Tavi Costa, Albert Marko, and Tracy Shuchart, ready to dive into some captivating discussions.

On Air with Air Cargo World
Aircon CEO on benefits, challenges of airfreight consolidation

On Air with Air Cargo World

Play Episode Listen Later Jan 17, 2024 6:29


Dallas-based airfreight consolidation company Aircon is using AI and machine learning to offer a platform that helps smaller freight forwarders consolidate shipments. Aircon Chief Executive Chris Condon discusses the benefits and challenges of airfreight consolidation. 

On Air with Air Cargo World
Podcast: Quantum-South's quantum computing solves problems despite integration challenges

On Air with Air Cargo World

Play Episode Listen Later Jan 11, 2024 13:26


Quantum-South's Product Lead Matteo Stipanicic discusses quantum computing, artificial intelligence and challenges to technology integration in the supply chain in this episode of "On Air with Air Cargo Next."

Connect & Collaborate
Global Trade This Week – Episode 129

Connect & Collaborate

Play Episode Listen Later Jan 3, 2024 31:29


What's going on in Global Trade this Week? Today Keenan Brugh of CAP Logistics & Doug Draper of Inland Star Distribution cover: 1:52 -Libya's Top Oil Field Halts Production 8:51 -Air Freight as the Solution for Chaos in the Red Sea? 12:38 -Halftime 20:06 -US Mexico Rail Closures Cost $100 Million Per Day 26:00 -The Year of Parcel is Underway www.capwwide.com/international-insights/1/29/24/gttw-podcast-episode-129 https://youtu.be/RRAgVTvyrJc  

On Air with Air Cargo World
Overhaul's Stevens on AI misconceptions, predictions

On Air with Air Cargo World

Play Episode Listen Later Dec 14, 2023 6:17


Risk management solutions provider Overhaul is using AI to mitigate cargo thefts. With products like RiskGPT, launched in July, Overhaul integrated AI into its software to scrape the internet for information on cargo theft and synthesize it. Overhaul response teams use then use the information to determine where a crime is likely to occur and quickly identify a corrective path. 

Talking Transports
DHL Express Seeing Strong Demand in Americas

Talking Transports

Play Episode Listen Later Dec 5, 2023 32:46 Transcription Available


Robust shipments from southern China are driving peak volume growth in the Americas that could reach 16% this year, according to DHL Express Americas' CEO Mike Parra. In this Talking Transports podcast episode, Parra joins Bloomberg Intelligence senior analyst Lee Klaskow to discuss how peak season is shaping up. Gains are coming from deliveries of fashion, auto parts, technology and gaming products, and Parra sees long-term growth opportunities from a gradual move away from China into northern Mexico. Airfreight rates may find support at current levels until the Chinese New Year, which bodes well for earnings at DHL Express and competitors.See omnystudio.com/listener for privacy information.

On Air with Air Cargo World
Awery's Koch talks AI, eMagic and new talent

On Air with Air Cargo World

Play Episode Listen Later Nov 17, 2023 8:10


In this episode of "On Air with Air Cargo Next," Tristan Koch, chief commercial officer at Awery Aviation Software discusses the future of AI in air cargo, how it can attract new talent and where the industry stands in the digitalization shift.

Bryan Air
#153 Aviation News, Celebrity Jets And Some Local Airlink Class

Bryan Air

Play Episode Listen Later Nov 3, 2023 52:53


Welcome to Bryan Air, the podcast where we discuss the latest news and insights from the aviation industry. In this episode, we cover the following topics:

Logistics Matters with DC VELOCITY
Guest: Pawan Joshi of E2open on shippers reclaiming the skies; Freight unloading robots are coming; Celebrating technicians in trucking

Logistics Matters with DC VELOCITY

Play Episode Listen Later Sep 29, 2023 22:53


Our guest on this week's episode is Pawan Joshi, executive vice president, product management & strategy at E2open. With the rebound in air travel, there are more flights available now to shippers, including cargo-only flights and belly space on passenger planes. How can shippers take advantage of that extra capacity and the lower rates now available? We've seen a lot of advances in robots that move inventory around the warehouse in recent years. But one problem that has remained really hard to solve has been getting boxes into and out of truck trailers or shipping containers. But now we are seeing new technologies to address truck loading and unloading, with some significant investments and pilot programs making progress on this difficult, labor-heavy aspect of distribution.More women are joining the trucking industry as technicians. A new survey shows a year-over-year increase in the number of female equipment technicians. This news comes as the trucking industry celebrates National Technician Appreciation Week.CSCMP's Supply Chain Quarterly  also offers a podcast series called Supply Chain in the Fast Lane.  It is co-produced with the Council of Supply Chain Management Professionals.  The current series features Transportation Tech. Go to your favorite podcast platform to subscribe and to listen to past and future episodes.Articles and resources mentioned in this episode:E2openFedEx pilots trailer-loading robot with twin armsMore women join trucking industry as techniciansGet episode transcriptsVisit Supply Chain QuarterlyListen to CSCMP and Supply Chain Quarterly's Supply Chain in the Fast Lane podcastListen to Supply Chain Quarterly's Top 10 Supply Chain Threats podcastSend feedback about this podcast to podcast@dcvelocity.comPodcast is sponsored by: nVision GlobalOther linksAbout DC VELOCITYSubscribe to DC VELOCITYSign up for our FREE newslettersAdvertise with DC VELOCITYTop 10 Supply Chain Management Podcasts

FreightCasts
The Stockout EP90 Cannabis hardware maker Bold Carts uses airfreight, CNY planning to avoid supply chain disruptions

FreightCasts

Play Episode Listen Later Sep 25, 2023 27:39


FreightWaves' Mike Baudendistel and Grace Sharkey discuss General Mills' results last week, food ingredient prices, anticipated Halloween spending and interview Bill Rinehart, CEO of Bold Carts Follow The Stockout Podcast Other FreightWaves Shows Learn more about your ad choices. Visit megaphone.fm/adchoices

On Air with Air Cargo World
The future is tech with data integration, drones, sustainable solutions

On Air with Air Cargo World

Play Episode Listen Later Sep 12, 2023 17:17


In the latest episode of the “On Air with Air Cargo Next” podcast, James Golding, head of cargo at London Heathrow Airport; Kenneth Chircop, general manager at Dronamics; and Mike van Berkel, account manager at VRR, discuss community cargo systems, drones and sustainability ahead of their appearances at the upcoming Air Cargo Tech Summit 2023, set for Sept. 18-19 in Brussels.

The Logistics of Logistics Podcast
FreightFest 2023 with Rahmel Wattley

The Logistics of Logistics Podcast

Play Episode Listen Later Sep 6, 2023 51:50


Rahmel Wattley and Joe Lynch discuss the FreightFest 2023. Rahmel is a transportation entrepreneur and host of the popular trucking podcast, Truck N' Hustle. FreightFest 2023 is presented by Truck N' Hustle. About Rahmel Wattley Rahmel Wattley is a transportation entrepreneur and host of the popular trucking podcast, Truck N' Hustle. Rahmel got his start in the trucking business in the early 2000's. After getting his CDL, Rahmel quickly learned that driving was not for him, so he transitioned to a dispatcher role at a small mom and pop trucking company. From there he held a series of leadership roles with increasing responsibilities at several carriers. In 2015, after seeing an opportunity in driver turnover, he started a CDL driver staffing company with a partner. In 2019, Rahmel successfully exited the business and began the Truck N ‘Hustle podcast, which seeks to provide valuable information and resources to the business owners and entrepreneurs of the trucking community. Rahmel is also the Co-founder and Managing Partner of Mega Driver Solutions, a CDL driver staffing company based in the Philadelphia metro area. Rahmel and his team are excited to bring the “Truck N' Hustle” experience to the world stage with the commencement of FreightFest 2022 in Houston, TX. About Truck N' Hustle Truck N' Hustle is the #1 trucking and logistics community in the world. Truck N' Hustle is a community and platform specializing in educating and inspiring trucking and logistics entrepreneurs and their teams. Truck N' Hustle provides the news, stories, resources, and tools for transportation and logistics professionals to be successful in the trucking business. About FreightFest 2023 FreightFest 23, presented by Truck N' Hustle, is an eagerly anticipated event in the Trucking, Transportation & Logistics industry. Taking place at The Hilton Americas Hotel in Houston, TX from September 28 to October 01, 2023, this conference is expected to attract over 1,000 providers from across the country. The event aims to explore profitable industry niches and provide valuable insights from subject matter experts. Attendees will have the opportunity to network and establish meaningful connections while also benefiting from business opportunities. FreightFest 23 offers a chance to scale businesses and take them to the next level. A wide range of topics will be discussed at the conference, including Last Mile Delivery, Dump Trucking, Heavy Hauling, Oil & Gas, Waste Management, Cannabis Transportation, Auto Transport, Air Freight, Freight Brokerage, Government Contracting, Freight Forwarding, Intermodal & Drayage, Truck Repair Services, Freight Factoring, Dry Freight, Refrigerated Freight, SBA & Business Financing, and USPS Postage Freight. FreightFest 23 promises to be an exciting and informative event for professionals in the industry. Key Takeaways: FreightFest 2023 FreightFest 23 is presented by Truck N' Hustle and is a highly anticipated event in the Trucking, Transportation & Logistics industry. The conference will take place at The Hilton Americas Hotel in Houston, TX from September 28 to October 01, 2023. Over 1,200 providers from across the country are expected to attend the event. The main goal of FreightFest 23 is to explore profitable industry niches and provide valuable insights from subject matter experts. Attendees will have the opportunity to network and establish meaningful connections with other professionals in the industry. The conference will also offer business opportunities to attendees, allowing them to scale their businesses and take them to the next level. A wide range of topics will be discussed at FreightFest 23, including Last Mile Delivery, Dump Trucking, Heavy Hauling, Oil & Gas, Waste Management, Cannabis Transportation, Auto Transport, Air Freight, Freight Brokerage, Government Contracting, Freight Forwarding, Intermodal & Drayage, Truck Repair Services, Freight Factoring, Dry Freight, Refrigerated Freight, SBA & Business Financing, and USPS Postage Freight. FreightFest 23 promises to be an exciting and informative event for professionals in the industry. This is the 2nd annual FreightFest conference organized by the Truck N' Hustle community. The event aims to provide attendees with valuable industry insights and facilitate meaningful connections. Learn More About FreightFest 2023 Rahmel on LinkedIn Truck N' Hustle on LinkedIn Truck N' Hustle Podcast on Apple Truck N' Hustle Podcast on Spotify Truck N' Hustle Website Freight Fest tickets and Event Entrepreneurship Conferences 2023 The Truck N' Hustle Story with Rahmel Wattley Sponsor: Tusk Logistics Tusk Logistics is a national network of the best regional parcel carriers that puts Shippers first, with lower costs, reliable service, and proactive support. Tusk save Shippers 40% or more on small parcel shipping. Tusk's technology connects your parcel operation to a national network of vetted regional carriers, all with pre-negotiated rates and reliable, predictable service. Integrating to your existing software takes minutes, and Tusk has your back with proactive shipper support on each parcel, in real time. Episode Sponsor: Wreaths Across America Wreaths Across America Radio - Wreaths Across America Episode Sponsor: Greenscreens.ai Greenscreens.ai's dynamic pricing infrastructure built to grow and protect margins. The Greenscreens.ai solution combines aggregated market data and customer data with advanced machine learning techniques to deliver short-term predictive freight market pricing specific to a company's individual buy and sell behavior. The Logistics of Logistics Podcast If you enjoy the podcast, please leave a positive review, subscribe, and share it with your friends and colleagues. The Logistics of Logistics Podcast: Google, Apple, Castbox, Spotify, Stitcher, PlayerFM, Tunein, Podbean, Owltail, Libsyn, Overcast Check out The Logistics of Logistics on Youtube

On Air with Air Cargo World
Air cargo amps up digitization efforts, cybersecurity

On Air with Air Cargo World

Play Episode Listen Later Sep 5, 2023 11:10


In the latest episode of the “On Air with Air Cargo Next” podcast, Celine Hourcade, founder of Change Horizon, and Gianluca Marcangelo, head of industry relations and marketing at Challenge Group, discuss cybersecurity and digitization ahead of their appearances at the upcoming Air Cargo Tech Summit 2023, set for Sept. 18-19 in Brussels.

On Air with Air Cargo World
Further tech innovation is crucial to air cargo

On Air with Air Cargo World

Play Episode Listen Later Aug 25, 2023 9:28


Today we will be speaking with Michelle Williams, managing director of strategy and business services at Southwest Airlines Cargo, and Ed de Reyes, chair and chief executive of Sabrewing Aircraft. Each will participate in panel discussions at our second annual Air Cargo Tech Summit in Brussels on Sept. 18-19. 

Coffee with Crane
Air Market Update | JULY 2023

Coffee with Crane

Play Episode Listen Later Aug 17, 2023 5:00


Podcast: Coffee with Crane S4 - E20 In this Air Market update episode, we'll all find out the current state of air cargo demand, how the industry deals with these figures, and a lot more. To help us untangle all the existing air market news and updates, we've brought back a show favorite! None other than Crane Worldwide Logistics' Regional Director of Airfreight, Christian Nielitz. #CraneWorldwideLogistics #Logistics #SupplyChain #3PL #Warehouse #Freight #Shipping #CustomsBroker #Podcast #Coffee #NewEpisode #Cartage @ChristianNielitz  @CraneWorldwideLogistics   To learn more about #TheCraneWay, visit https://craneww.com/ Script: @Christian Nielitz & Joseph Patrick Host: Joseph Patrick Production: Joseph Patrick

On Air with Air Cargo World
Automation adds speed, reliability to air cargo supply chain

On Air with Air Cargo World

Play Episode Listen Later Jun 30, 2023 7:01


“On Air with Air Cargo Next” speaks with David Rose, director of London operations for IAG Cargo, about automation's growing role in the air cargo industry. 

Coffee with Crane
Air Market Update | End of May 2023

Coffee with Crane

Play Episode Listen Later Jun 1, 2023 4:00


In this Air Market update, we've asked David Gallay to come on to help us with the most recent air market happenings. David Gallay is Crane Worldwide Logistics' Director of Airfreight for the Asia Pacific region. We will discuss air cargo demand, belly capacity, spot rates, and more! Be sure to #Subscribe and hit the Notification Bell so you'll never miss another episode again. #CraneWorldwideLogistics #Logistics #SupplyChain #Warehousing #FreightForwarding #CustomsBroker #LogisticsPodcast #SupplyChainPodcast #AirFreight #AirCargo #AirCarriers #CargoPlane #LogisticsPodcast #Podcast #coffee #interview #NewEpisode #AsiaPacific #APAC #warehouse #3PL  To stay updated, follow #TheCraneWay, and visit https://craneww.com/

Red to Green - Food Tech | Sustainability | Food Innovation | Future of Food | Cultured Meat
7.3. The Carbon Footprint of Everything - carbon consciousness, airfreight and the impact of food production

Red to Green - Food Tech | Sustainability | Food Innovation | Future of Food | Cultured Meat

Play Episode Listen Later May 10, 2023 37:22


Is "climate-friendly eating" a thing? We discuss what makes food carbon-intensive and how to reduce carbon emissions by choosing food that is in season, transported by boat instead of a plane, and grown locally. LINKS Get funding for your food science research: https://en.raps-stiftung.de/ Find out more about the book The Carbon Footprint of Everything More info and links to resources on https://redtogreen.solutions/   Connect with the host, Marina https://www.linkedin.com/in/schmidt-marina/ Connect with the host, Frank https://www.linkedin.com/in/frankkuehne/ More info and links to resources on  https://redtogreen.solutions/   Please rate the podcast on Spotify and iTunes!

Coffee with Crane
Air Market Update | March 2023

Coffee with Crane

Play Episode Listen Later Mar 10, 2023 3:18


In this Air Market Update, we've brought back a good friend of the show, The Regional Director of  Airfreight for Crane Worldwide Logistics, Christian Nielitz. We will discuss air freight cargo developments and situations globally, capacity, and some good news! Be sure to #SUBSCRIBE to The Coffee with Crane Logistics Podcast on your favorite player and our #YouTube Channel. And when you do, be sure to hit the #NOTIFICATION bell so you'll never miss a single episode again! At Crane Worldwide. Logistics, our highly-dedicated #PEOPLE, superior customer #SERVICE, and top-tier #TECHNOLOGY differentiate us from all the rest! To learn more about #TheCraneWay, visit https://craneww.com/   #CraneWorldwideLogistics #Logistics #Podcast #Coffee #NewEwpisode #airfreight  #AirCargo #Air #Shipping #Transportation #3PL #Follow #Like #Share #SupplyChain #Warehouse #FreightForwarding #CustomsBroker

Truck N' Hustle
#170 - Latina Women-Owned Courier Business Makes $8 Million Per Year Delivering Air Plane Freight! - Lorena Camargo

Truck N' Hustle

Play Episode Listen Later Feb 21, 2023 62:57


#trucknhustle #podcast #trucknhustlepodcast Latina Women-Owned Courier Business; Talks How To Deliver Air Freight, Growing Up In South Central LA, $27M Dollar Goals & More!! Live From Manifest at the Caesar's Forum in Las Vegas, Nevada; Lorena Camargo, CEO and Founder of Pearl Transportation & Logistics. Lorena is a Last Mile and Air Freight Logistics Expert, who has overcome many obstacles on her road to success. She sits down with our host, Rahmel Wattley and discusses her upbringing in South Central Los Angeles; How it changed her life and how she has built a multi-million dollar Last Mile Delivery Service Specializing in Medical and Air Freight! We want to know Your Thoughts on this episode!! Don't forget to Leave Comments on the video and Like and Subscribe as well!! CONNECT WITH LORENA CAMARGO & PEARL TRANS https://pearltrans.com/ https://www.linkedin.com/in/lorena-camargo1 https://www.linkedin.com/company/pearl-transportation-services/ https://www.instagram.com/pearl.trans/ https://www.facebook.com/pearltransportation/ hello@pearltrans.com GET EARLY BIRD TICKETS FOR FREIGHT FEST 2023!!: http://FreightFest.com FOR MERCH: http://www.trucknhustle.store FOR EXCLUSIVE CONTENT & MORE VISIT: https://www.trucknhustle.com/ __________ SPECIAL THANKS TO OUR SPONSORS!!: OTR SOLUTIONS https://otrsolutions.com/trucknhustle/ CALL (470)900-3338 GTT COMMERCIAL TIRES https://www.gttcommercial.tires/ CALL 1(800)991-6251 __________ MENTIONED ON TRUCK N' HUSTLE PODCAST: DAT POWER - The Industry's Most Advanced Load Board http://www.dat.com/power/0001922618 DAT TRUCKERS EDGE http://www.truckersedge.com/0001922618 DAT EXPRESS http://www.dat.com/express/0001922618 __________ THIS PODCAST WAS PRODUCED, RECORDED, SHOT & EDITED by Kweku KingNabi for Truck N' Hustle Media HERE IS WHAT WE USE: Blackmagic Design Pocket Cinema Camera 6K Pro: https://amzn.to/3BwRUYm Rode RODECaster Pro Podcast Production Studio: https://amzn.to/3Bw3cvW Electro-Voice RE320 DYNAMIC MICROPHONE: https://amzn.to/3BuhmxD Sigma 18-35mm F1.8 Art DC HSM Lens for Canon, Black: https://amzn.to/3FMqvUE Godox SL-60W CRI 95+ LED Video Light SL60W White 5600K Version: https://amzn.to/3HqXRtE __________ JOIN THE HUSTLE FAM ON SOCIAL MEDIA: Instagram: http://instagram.com/trucknhustle/ TikTok: https://www.tiktok.com/@trucknhustle Facebook: https://www.facebook.com/trucknhustle Linkedin: https://www.linkedin.com/company/tnhmedia/ Discord: https://discord.gg/g8kzDNu7 Twitter: https://twitter.com/TruckNHustle Patreon: https://www.patreon.com/Trucknhustle Listen to the TRUCK N' HUSTLE PODCAST: iTunes: https://podcasts.apple.com/us/podcast/truck-n-hustle-1-trucking-podcast Spotify: https://open.spotify.com/show/55GP6pfA0RlmtEgNH70d5K _________ NOTE: This description contains affiliate links that allow you to find the items mentioned in this video and support the channel at no cost to you. While this channel may earn minimal sums when the viewer uses the links, the viewer is in NO WAY obligated to use these links. Thank you for your support!

Logistics Matters with DC VELOCITY
Guest: Jenny Vander Zanden of Breakthrough on the challenges that shippers face; More turbulence in air freight; Meeting sustainability goals

Logistics Matters with DC VELOCITY

Play Episode Listen Later Feb 10, 2023 20:48


Our guest on this week's episode is Jenny Vander Zanden, chief operating officer of Breakthrough. Shippers are facing many challenges today. There is the world's political situation for one. Another is inflation and the need to diversify. Our guest today offers some insights into the challenges of shippers and what they can be doing to mitigate their risks.The air cargo sector was one of the supply chain transport modes that was the most disturbed by the pandemic. While most of that chaotic period is hopefully behind us, the air freight market continues to see a turbulent path forward. We report on some of the latest numbers and what they mean for the remainder of the year. A recent survey found that most companies remain committed to investing in their environmental sustainability goals, despite economic challenges like inflation and a potential recession in 2023. We look deeper into the research to find out what business leaders are thinking and whether current economic conditions will affect their future commitments to sustainability. DC Velocity's sister publication CSCMP's Supply Chain Quarterly  offers a podcast series called Supply Chain in the Fast Lane.  It is co-produced with the Council of Supply Chain Management Professionals. The third season of eight episodes has fully launched  and focuses on attracting and retaining labor in our supply chains.  Go to your favorite podcast platform to subscribe.Articles and resources mentioned in this episode:BreakthroughAir cargo demand slumped in 2022 after extraordinary levels in 2021Companies to grow investments in energy-transition solutions and emissions reductionVisit DCVelocity.com for the latest news. Visit Supply Chain QuarterlyListen to CSCMP and Supply Chain Quarterly's Supply Chain in the Fast Lane podcastListen to Supply Chain Quarterly's Top 10 Supply Chain Threats podcastSend feedback about this podcast to podcast@dcvelocity.com.Podcast is sponsored by:  TGWOther linksAbout DC VELOCITYSubscribe to DC VELOCITYSign up for our FREE newslettersAdvertise with DC VELOCITYTop 10 Supply Chain Management Podcasts

Coffee with Crane
Air Cargo Update | January 2023

Coffee with Crane

Play Episode Listen Later Jan 12, 2023 4:04


We have a regular in our café today! Please help me welcome back Crane Worldwide Logistics' Director of Airfreight for (EMEA) Europe, Middle East, and Africa — Christian Nielitz. We will discuss falling rates, rising costs, and much more. Be sure to #Subscribe and hit the Notification Bell so you'll never miss another episode again. - #CraneWorldwideLogistics #Logistics #SupplyChain #Warehousing #FreightForwarding #CustomsBroker #LogisticsPodcast #SupplyChainPodcast #AirFreight #AirCargo #AirCargoCarriers #CargoPlane #LogisticsPodcast #LogisticsCompany  To stay updated, follow #TheCraneWay, and visit https://craneww.com/.

Global E-Commerce Tech Talks
Nita Lathia, Head of Marketplaces at Passport, live from GELF 2022 in NYC

Global E-Commerce Tech Talks

Play Episode Listen Later Jan 5, 2023 15:11


Greetings and welcome to a special episode recorded live in the on-site Stream Commerce podcasting studio at the New York City Global eCommerce Leaders Forum in September 2022. These episodes are presented by Stream Commerce, a full-service, full-funnel e-commerce consultancy bringing together the boldest and brightest innovators, strategists, and e-commerce experts. They are the Shopify Plus expert that does more than build sites.The Global eCommerce Leaders Forum NYC 2022 brought together thought leaders from retailers and brands selling direct-to-consumer. Top global consumer brands were joined by digital natives and digitally-led brands from the fashion and apparel world, health, cosmetics and beauty, consumer electronics and other leading retail verticals for one full day of education, sharing and networking. Let's listen in now!On this episode we meet Nita Lathia, Head of Marketplaces at Passport, the modern international shipping carrier for e-commerce.If you liked this podcast, you can follow us on Apple iTunes, Spotify, Amazon Music podcast channel or your favourite podcast platform. Please rate and be sure and recommend to a friend or colleague in the retail and cross-border commerce industry.You can learn more about the Global E-Commerce Leaders Forum and continue to keep up with the latest on cross-border commerce online at https://www.globalecommerceleadersforum.com. Check out the upcoming GELF LA event on February 22nd, 2023.  The program theme for GELF LA 2023 is Scaling Customer Engagement Globally. GELF speakers will consistently deliver an energetic and engaging combination of global eCommerce strategy, cross-border tactics, and best practices. See you there, and until then, safe travels! 

Logistics Matters with DC VELOCITY
Guest: Dan Gilmore from Softeon discusses how distributors feel about automation; New numbers reflect the current health of the industry; The freight rates outlook for 2023

Logistics Matters with DC VELOCITY

Play Episode Listen Later Dec 9, 2022 19:42


Our guest on this week's episode is Dan Gilmore, chief marketing officer at Softeon. Increased demand and fewer available workers during the past couple of years have combined to accelerate the adoption of automation in distribution centers- and material handling companies have responded with a wide range of systems. But what do the end-users of today's automation think about the available technologies? The latest numbers from the Logistics Managers' Index are in. The report reflecting November activity shows growth, but at a much slower pace. What's behind the numbers and what do they reveal about possible growth in 2023?Freight rates were incredibly high the past two years, but have been steadily dropping since Spring. New research shows what is happening in the freight markets and where shippers can expect to see rates for various modes of transit in 2023.DC Velocity's sister publication CSCMP's Supply Chain Quarterly  offers a podcast series called Supply Chain in the Fast Lane.  It is co-produced with the Council of Supply Chain Management Professionals. The third season of eight episodes has launched with new episodes each Tuesday . The focus this season is on attracting and retaining labor in our supply chains.  Go to your favorite podcast platform to subscribe.Articles and resources mentioned in this episode:SofteonNovember Logistics Managers' Index reportForecasts call for freight rate slumps in 2023Visit DCVelocity.com for the latest news. Visit Supply Chain QuarterlyListen to CSCMP and Supply Chain Quarterly's Supply Chain in the Fast Lane podcastListen to Supply Chain Quarterly's Top 10 Supply Chain Threats podcastSend feedback about this podcast to podcast@dcvelocity.com.Podcast is sponsored by:  ApteanOther linksAbout DC VELOCITYSubscribe to DC VELOCITYSign up for our FREE newslettersAdvertise with DC VELOCITYTop 10 Supply Chain Management Podcasts