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March 12, 2024 Update

Freightos

Blog " * " indicates required fields Email * Comments This field is for validation purposes and should be left unchanged. Europe prices are more than triple 2019 levels and East Coast and Mediterranean rates are still more than double. Freight news travels faster than cargo Get industry-leading insights in your inbox.

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November 21, 2023 Update

Freightos

Blog " * " indicates required fields Email * Email This field is for validation purposes and should be left unchanged. Europe prices are 36% above their extreme lows last month showing some gains through the GRIs, though rates for both lanes remain below 2019 levels.

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November 15, 2023 Update

Freightos

Blog " * " indicates required fields Email * Email This field is for validation purposes and should be left unchanged. With higher costs and often sub-2019 rates, carriers like Hapag-Lloyd and others saw Q3 profits plunge compared to last year, though many managed to remain profitable. The same was true for Asia – N.

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April 16, 2024 Update

Freightos

Blog " * " indicates required fields Email * Comments This field is for validation purposes and should be left unchanged. Alongside the ongoing, Iran-sponsored, attacks on Red Sea traffic, this event poses yet another potential challenge to the container industry. The latest National Retail Federation ocean import report for N.

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November 7, 2023 Update

Freightos

Blog " * " indicates required fields Email * Phone This field is for validation purposes and should be left unchanged. Transpacific prices increased 3% to the West Coast to about $1,600/FEU, 12% higher than in 2019, and 7% to the East Coast to $2,357/FEU, a level still 14% lower than pre-pandemic. Indeed, Asia – N.

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December 13, 2023 Update

Freightos

Blog " * " indicates required fields Email * Name This field is for validation purposes and should be left unchanged. Europe remain 8% below 2019 levels, but the sharper climb to the Mediterranean has prices 32% higher than pre-pandemic. Freight news travels faster than cargo Get industry-leading insights in your inbox.

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December 6, 2023 Update

Freightos

Blog " * " indicates required fields Email * Comments This field is for validation purposes and should be left unchanged. And that challenge likely won’t be short lived: a recent projection expects Asia – Europe capacity growth to outpace volume growth through 2025, with volumes in 2025 still below 2019 levels.