CargoSmart Exhibiting at the 2015 TPM Conference

TPM2015CargoSmart is proud to be a gold sponsor of the 2015 TPM Conference in Long Beach, California on March 1-4. As port congestion and vessel delays have been a critical issue at North America ports in the trans-Pacific trade, we look forward to meeting with conference attendees to discuss ways to manage the impact of frequent sailing schedule changes as port operations return to normal and beyond. Read More…

CargoSmart Uses Big Data to Transform Shipping

tibco_logoCargoSmart leverages TIBCO technologies to process complex data sets and provide customers with big data analytics for optimizing shipment routes and lowering transportation costs. TIBCO has recently shared a case study and here is an excerpt:

According to Steve Siu, CEO of CargoSmart, the shipping industry is expansive and volatile, but using big data will provide a competitive advantage and lead to industry transformation. “We are managing big data from over 5,500 vessels covering 90% of the world’s ocean container traffic,” he says. “Our mission is to derive insights from which our customers can optimize shipment routes, lower transportation and fuel costs, and reduce the risk of late arrivals.” Read More…

2015 Industry Outlook: Sailing Schedule Changes

2015_JOC_OutlookIn the 2015 Journal of Commerce Annual Review and Outlook, Steve Siu, CEO of CargoSmart, shared his views about increasing sailing schedule changes throughout the year. Here is the article:

2014 was marked with an increase in sailing schedule changes that impact shippers and logistics service providers. We expect increasing sailing schedule changes to continue through 2015, driven by three key dynamics.
Read More…

Importers and Exporters Getting Short-Changed on Reliability

Drewry Carrier Performance Insight - Feb 2015

Liner service reliability fell to a record low in January as the effects of US West Coast congestion and the phasing-in of new alliance services took their toll, according to Drewry’s enhanced Carrier Performance Insight, which is an online reporting tool that is powered by CargoSmart.

The overall on-time performance for the three key East-West trades slumped to a disappointing 48.6% in January, down by 9.4 percentage points on December, which itself was one of the worst months of 2014. Read More…

Happy Lunar New Year from CargoSmart

CargoSmart wishes you a happy Lunar New Year! May the Year of the Goat bring you great prosperity and success!

Happy Lunar New Year from CargoSmart