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May 28, 2024 Update

Freightos

Blog " * " indicates required fields Email * Email This field is for validation purposes and should be left unchanged. May 28, 2024 Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 13% to $4,917/FEU. Europe prices (FBX11 Weekly) climbed 6% to $4,876/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. Europe – N.

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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. Some carriers were already extending service suspensions into 2024 as supply and demand are misaligned. America weekly prices increased 3% to $2.22/kg.

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Bringing Order to Chaos: Last-Mile Delivery Costs and How to Reduce Them

Locus

A recent analysis by the American Trucking Associations (ATA) indicates that if existing trends persist, we could see a potential driver shortage reaching up to 175,000 by 2024. In 2021, a wide range of major product categories saw online purchase returns, with rates varying from 8% to 88%.