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December 19, 2023 Update

Freightos

More Resources Home December 19, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. Europe prices (FBX11 Weekly) were also level at $1,467/FEU.

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January 3, 2024 Update

Freightos

Judah Levine January 3, 2024 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01) increased 63% to $2,713/FEU. Asia-US East Coast prices (FBX03) climbed 55% to $3,900/FEU.

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Maersk Warns That Global Shipping Demand is Falling

MTS Logistics

According to Yahoo Finance , the Baltic Dry Index, which serves as a weathervane for general shipping market, is down more than 75% from its 2021 peak. Maersk forecasts global container demoing will fall by 2-4% this year in light of the economic downturn that’s expected to persist into 2023.

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Lessons Learned from Black Friday/Cyber Monday

Ship Monk

The numbers from 2023 were particularly important for a few reasons. year over year, but that is a steep slowdown from Black Friday 2022 when YoY sales showed 12% growth over Black Friday 2021. Proceed With Caution We realize that the holiday shopping season isn’t over and there’s a lot more analysis to be done.

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How Digitalization can Revolutionize Your B2B E-commerce Business

Locus

In 2023, an estimated 17 % of B2B sales are expected to be generated digitally. – Statista, Share of US B2B Sales via E-commerce 2019-2023. – B2B E-commerce Report, 2021, Statista. The data analysis enables them to track inefficiencies and areas where they incurred high and unnecessary costs and rectify them.

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