News

5 Ways 4PLs are Revolutionizing European Supply Chains

The logistics landscape in Europe is changing rapidly, and Fourth Party Logistics (4PL) providers are leading this to improve the supply chains. Between COVID, Brexit, the Suez Canal blockage, truck driver shortages, the Russia-Ukraine war, inflation, and the recent...

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Logistics Market Update 16.02.2024

AIR FREIGHT The air freight industry experienced a notable increase in volumes this January, primarily influenced by the ongoing Red Sea crisis and the approach of the Chinese New Year. Despite this surge in demand, average rates showed a downward trend. Data from...

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Logistics Market Update 26.1.2024

AIR FREIGHT Challenging conditions and dynamic demand trends characterize the air freight market. Nevertheless, with anticipations of a rate hike compounded by shipping disruptions and the early February Chinese New Year, the TAC Index reported a surprise 20.5% fall...

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Logistics Market Update 14.12.2023

AIR FREIGHT The airfreight sector is currently navigating a peak season surge, with expectations for this trend to extend until the Chinese New Year potentially. Despite no definitive signs of a substantial Q4 peak, recent weeks have seen a slight seasonal uptick in...

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Logistics Market Update 10.11.2023

AIR FREIGHT As the year winds close, global airfreight trends suggest a promising horizon for carriers. Indicators hint not just at the stabilization of rates but a slight upward nudge in specific trade routes. Despite the absence of explicit signs pointing to a...

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Transforming Supply Chain: The Advantage of 4PL Over 3PL

Third-party logistics (3PL) and fourth-party logistics (4PL) play critical roles in today's complex global logistics. While 3PLs concentrate on specific supply chain elements, such as transportation or warehousing only. 4PLs have a strategic approach to managing and...

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Logistics Market Update 05.10.2023

AIR FREIGHT Airfreight has been exhibiting a series of contrasting trends, reflecting the unstable dynamics of the sector. At the beginning of September, rates had experienced a downturn, reaching their lowest since the inception of the pandemic. Data from multiple...

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Logistics Market Update 07.09.2023

AIR FREIGHT Air cargo activity at major European hubs hasn't yet bounced back to pre-pandemic figures, suggesting the market is either stagnant or gradually recovering. Last month, Europe's leading air cargo hub saw a modest rise of 2.3% from the previous year,...

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Material & Information Flow Management: Why Choose 4PL?

When the companies are built, they are built around a great product idea. But when moving those products around and sending them to market, companies realize there is a big challenge in managing global logistics. Much of the organization's resources, time, and effort...

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Logistics Market Update 08.08.2023

AIR FREIGHT Air Cargo continues to navigate a challenging landscape with soft demand, capacity increases, and ongoing downward pressure on rates. The recurring trends will persist through Q3 across all markets and lanes and currently show no signs of notable demand...

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Logistics Market Update 31.07.2023

AIR FREIGHT Air cargo rates have shown a slight increase, indicating a slight tightening in the air cargo market, according to reports from indices and forwarders. Last week, the Baltic Air Freight Index increased by 1%, breaking a streak of weekly declines. In...

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AI Meets 4PL Logistics: A Trial Run with Microsoft Bing

We at Wiima wanted to give our 2 cents on the buzz around the modern-day buzzword: AI. We played with the new Microsoft Bing: 1st question: let's start with an easy one: "What is 4PL logistics?" Answer: 4PL logistics stands for Fourth Party Logistics. It is a type of...

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Sustainability in Logistics: How 4PLs Lead the Way

In light of the global issue of climate change, achieving sustainability in every industry has become increasingly important. Logistics is one sector that has the potential to make a significant contribution towards this goal. Specifically, the Fourth Party Logistics...

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Logistics Market Update 16.06.2023

AIR FREIGHT As we transition into the summer months, the air freight sector continues to navigate intriguing market dynamics. From a period of high demand and soaring prices, the landscape is shifting towards softening demand and swelling capacity, decreasing air...

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Logistics Market Update 26.05.2023

AIR FREIGHT In the first quarter of the year, transport and logistics capacity demand was low, while retail trade dropped 12 points below expectations. This has left the air freight markets in a fragile state. However, there is hope for air cargo as interest rates...

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Logistics Market Update 14.04.2023

AIR FREIGHT Airfreight prices have been on a steep decline from the Covid-era peaks, but in March, they finally reached a bottom. In March, the air cargo market improved after a prolonged slump caused by the pandemic. Manufacturing exports and a slight improvement in...

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Basics of Procument Flow and Inventory Levels Optimization

Effective procurement and warehouse inventory management are critical for the success of any business. By ensuring that the right amount of inventory is available at the right time, businesses can reduce costs and improve customer satisfaction. Here are some best...

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Logistics Market Update 15.03.2023

AIR FREIGHT The restarting of production in Chinese manufacturers may signal the beginning of a potential comeback in the air cargo sector. Data source TAC Index reported that although air freight prices continued to move marginally down last week, there were...

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Wiima Logistics Opens New Office in Poland

We are delighted to announce the opening of a new office for Wiima Logistics in Poznań, Poland. This is part of our long-term strategy to provide comprehensive logistics services to our customers in the region and surrounding countries. We are confident that this new...

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Logistics Market Update 19.1.2023

AIR FREIGHT As the holiday season begins, air cargo demand falls more. Compared to the previous week, week 51 (19 to 25th December) had a decline of -11 percent in worldwide flown tonnages. As is usual for this time of year, worldwide air cargo tonnages declined...

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Logistics Market Update 7.12.2022

AIR FREIGHT While air freight is not exclusively focused on consumer industries, its position in upstream electronics, for example, is more prominent than in consumer electronics. The United States is primarily driven by D2C e-commerce, which started to plunge in the...

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Logistics Market Update 8.11.2022

AIR FREIGHT In October, the air freight sector continued to reverse 18 months of record increases as the global economy slowed and consumers tightened their budgets. There are no indications of improving cargo traffic even as the industry is well into its annual peak...

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Logistics Market Update 12.10.2022

SEA FREIGHT In 2021 and 2022, the container industry achieved its two most profitable years. On cue, owners ordered a record number of new container ships. Even as freight rates decline, they continue to place more orders. Despite the worsening supply-demand...

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Logistics Market Update 07.09.2022

SEA FREIGHT The ports of Shanghai, Ningbo, and Busan have been closed due to Typhoon Hinnamor, severely impacting shipping schedules from Asia. Shanghai Pudong Airport likewise canceled most flights, with normal operations scheduled to resume on Wednesday, 7th...

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Logistics Market Update 10.08.2022

SEA FREIGHT The capacity between Asia and the United States West Coast decreased but remained the most important commercial route. In the three months leading up to July 24, the average capacity between Asia and the United States East Coast increased by 18.9%...

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Logistics Market Update 08.07.2022

SEA FREIGHT Several carriers have canceled or postponed their sailings from Shanghai to the US in the last week of June. But the backlog of containerships created during the lockdown period is under control and is being cleared methodically. There was less congestion...

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Logistics Market Update 14.6.2022

SEA FREIGHT Shippers are anticipated to continue to face rising supply chain costs due to port congestion and poor schedule reliability, despite a mixed demand picture on the world's most significant container shipping lanes. It is a mixed bag of demand for Asia-North...

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Logistics Market Update 7.4.2022

SEA FREIGHT Lockdowns in China, the war in Ukraine, and the rising inflation are a toxic mix of uncertainty for sea liners. While container spot prices are currently falling, they are still in line with regular seasonal declines, and ocean carriers have successfully...

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Logistics Market Update 13.01.2022

SEA FREIGHT Shipping companies globally expect steeper rises in shipping and logistics contract rates next year after supply-chain costs skyrocketed in 2021. The Logistics Managers' Index, which analyses total logistics pricing such as transportation, warehousing, and...

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Happy New Year 2022! | Greetings From Our CEO

Greetings to our customers and network!  Thanks to our customers, partners and network for the excellent cooperation in 2021! I would also like to thank our staff, who have been able to fight the battles, together with our network, to minimise the impact of a...

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Logistics Market Update 10.12.2021

SEA FREIGHT Shipping companies are knocking on shippers' doors, offering reduced rates for December itineraries from China to Europe, as orders begin to slow down. Nevertheless, there is no indication of a price crash, and prices are likely to pick up steam in January...

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Logistics Market Update 01.11.2021

SEA FREIGHT In October, there was an expectation of slight softening of container spot rates from Asia to the US and Europe, but shippers appear to have held their nerves and managed to avoid any significant discounting following China's Golden Week holiday. As per...

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Logistics Market Update 01.10.2021

The global shipping industry is still struggling. Supply chains are driven to their limits as logistics operators try to keep the freight flowing. The current fragile nature of the global supply chains can cause even minor operational issues, such as minor accidents...

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Logistics Market Update 25.08.2021

Challenging times persist in the shipping industry. Covid-19 breakouts in Asian harbours have caused congestions which ripple effects are still to unravel fully. The supply and demand imbalance in almost all international freight modes keeps causing grey hairs to the...

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Logistics Market Update 2.7.2021

The logistics industry has been facing an era of unprecedented disruptions. The effects of large scale disruptions can be seen in all freight modes across the globe. No immediate relief can be seen in the near future, which makes the situation even worse to bear....

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Logistics Market Update 7.5.2021

Suez Canal incidents ripple effects are still affecting the global supply chains. Sea and air freight are suffering from severe supply & demand-imbalance. The overall turbulent freight market is probably going to continue for some time.SEA FREIGHT The Asian...

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Materiaalit hukassa maailman turuilla webinaari

  Alustatalouden uudet innovaatiot muokkaavat eri aloja ennennäkemätöntä vauhtia. Sama trendi on käynyt toteen myös kuljetuslogistiikassa. Kuuntele webinaariimme asiantuntija puheenvuoroja ja paneelikeskustelu, joissa pureuduimme kuljetuslogistiikan...

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Logistics Market Update 30.03.2021

Suez Canal Finally Re-Opened for Business as The Salvage Team Manages to Free The Ship from The Blockade. Still, It´s hard to estimate what kind of knock-on effects does the disruption cause for the global shipping market.SEA FREIGHT In a very recent development, the...

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