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Helpful Articles - Freight

How to Calculate Cubic Feet and Other Easy Freight Math

Last updated: 5/15/2024 When it comes down to it, freight is all about numbers. What are the dimensions of your shipment? What’s the volume? The weight? How do I calculate cubic feet? How much will fuel cost? How can I determine my shipment’s freight class? Will my pallets fit in a 40-foot container? Find the answers to these questions and you’ll know how to estimate your freight costs—and optimize your budgets. We worked with our pricing team to put together some quick explanations of the most common freight math you’ll need. We'll Show You How To:Your Content Goes Here Calculate the volume of your shipment...

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Who Moves the World’s Freight? Meet the Top Shipping Companies

In 2020, the size of the ocean freight market was estimated at 64 million TEUs.i It's hard to imagine the sheer magnitude of that volume of freight. However, consider the fact that AT&T Stadium, home of the Dallas Cowboys, has an interior volume of about 76,740 standard TEUs.ii  To understand 64 million TEUs, imagine filling 834 professional football stadiums.  In other words, the global ocean freight market is massive! In this article, we'll talk about the biggest players in the market so you can get a sense of who's operating in this field.   Since we have a particular interest (and expertise) in Pacific lanes, we'll start by discussing the...

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By the Numbers: Comparing Freight by Mode of Transportation

As you’re optimizing your supply chain, you may compare  freight modes and wonder if you’re using the right mix for your business.   Below, we’ve rounded-up statistics and data on air, rail, ocean, and over-the-road freight. By perusing these numbers, you’ll get a sense of how other companies are leveraging modes within the United States and across the globe. You may also gain some new insights around mixing up your freight modes to support your organization’s goals and your budget. First, we’ll start with some stats on U.S. domestic freight.  How Far Does Freight Move in The U.S.?  As you may know, some modes of transportation are better suited for longer distances, while others shine at short distances. As...

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Facing Ocean Freight Delays? Understanding Air Freight as an Alternative

Port BackupsA record-breaking number of ships waiting to dock at the Ports of Los Angeles and Long Beach. A record-breaking number of ships waiting to dock at the Ports of Los Angeles and Long Beach. read more Stranded ContainersA record-breaking number of ships waiting to dock at the Ports of Los Angeles and Long Beach.  Big retailers chartering dedicated vessels to bring stranded containers of goods over from Asia. read more Price IncreasesA record-breaking number of ships waiting to dock at the Ports of Los Angeles and Long Beach. Cargo prices anywhere from five to eight times higher than a year ago. read more That’s the current state of the global ocean freight industry....

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Six Companies Poised to Revolutionize Supply Chain & Logistics

Innovation drives supply chain optimization. As you'll see in the profiles of these six forward-thinking companies, fresh ideas can create new efficiencies, solve persistent problems, and open the door for new opportunities in supply chain effectiveness.   We'll look into the latest advances in logistics hardware, software and strategy. Plus, a peek at what's coming down the road in the industry. You may discover some new ideas to power your own supply chain—or you may get inspired to create innovations of your own!  Attabotics: Reimagining the Warehouse  read more Inspired by the efficiency and structure of ant colonies, Attabotics is using robots to take the warehouse in a new dimension: up.  What if you could reduce the footprint of a warehouse from 1.5 million square feet to just 340,000—and...

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12 Freight & Logistics Statistics That Reveal the Massive Scope of the Industry

If you don't work in freight or logistics, you might not think much about how the everyday products we rely on get to the shelf. However, if you do work in the industry, you likely have an appreciation for the intricate dance between suppliers, manufacturers, carriers, and retailers that ensures we have everything we need to live, work, and play.   That said, it's challenging to appreciate the full magnitude of the industry, the sheer volume of goods that get moved, and the impact on the global economy. Below, you'll find 12 surprising statistics that reveal just how huge the freight and logistics industry really is, both in size and importance. (In fact, some of them might even surprise veterans of the industry!)  0%of international goods estimated to move by sea...

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