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December 19, 2023 Update

Freightos

Blog " * " indicates required fields Email * Name This field is for validation purposes and should be left unchanged. Asia-US East Coast prices (FBX03 Weekly) were level at $2,509/FEU. So, shippers on affected lanes should expect longer lead times and higher freight rates until the Houthi threat is brought under control.

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Navigating Uncharted Waters: SMB Importers, 2024 and Red Sea Crisis Lessons

Freightos

Blog " * " indicates required fields Email * Phone This field is for validation purposes and should be left unchanged. And the answer lies in how their 2023 went too. This is a significant shift from late 2021, when 93% faced serious disruptions.

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With Great Volumes Comes Great Uncertainty: A Guide to Navigating Peak Season 2021

Locus

share of chain retail sales by 2023, up from 30% in 2021. Fuelled by e-commerce, leading carriers are expecting a massive crunch in capacity to meet the overwhelming demand expected in 2021. To know how you can make the best of the peak season, click here to sign up for a demo with Locus today. Peak season is coming.

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Red Sea and Suez Canal Shipping Crisis Update

Freightos

Blog " * " indicates required fields Email * Comments This field is for validation purposes and should be left unchanged. In 2021 and 2022 an extreme surge in demand for goods that overwhelmed ports was the main culprit of disruptions and spiking rates. America East Coast peak of $22k/FEU.

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January 3, 2024 Update

Freightos

Blog " * " indicates required fields Email * Email This field is for validation purposes and should be left unchanged. Europe and Mediterranean prices would be 45% – 65% lower than their $14k/FEU pandemic peak in late 2021, and 65% – 75% lower compared to the Asia – N. America East Coast peak of $22k/FEU.

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Managing the Realities of the “New Normal” LTL Shipping Environment

Blue Grace Logistics

The Logistics Blog®. Although LTL rates have been rising over the last couple of years, 81% of surveyed companies saw their LTL contract rates increase between 2021 and 2022. of surveyed shippers anticipate further increases between now and 2023, with nearly half of respondents expecting rate increases of 5-9% next year.

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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. We’ve covered ecommerce KPIs in detail in recent blogs, and no doubt you already know whether you’ve hit your BFCM numbers.