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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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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. Just when it seemed that 2024 would be a very welcome year of “normal” supply chains, the Red Sea crisis proved that for global supply chains, there is no such thing.

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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. kg China – N. Europe – N.

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Unlock Leading Indicators for Drayage Demand With SONAR

FreightWaves SONAR

Photo by Jim Allen Drayage is a tricky market to dissect with a data solution. While SONAR doesn’t contain drayage rates yet, certain data sets provide a look forward at demand that can help carriers be nimble with timely adjustments to rates. This is due to the drayage industry being highly fragmented, which makes pricing opaque.

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The Impact of Fast Fashion Giants On Air Cargo

Freightos

Blog " * " indicates required fields Email * Comments This field is for validation purposes and should be left unchanged. From Q3 2021 to early 2022, Freightos Air Index China-U.S. He’s obsessed with marketing, data storytelling (it’s a thing!) and bakes really good cookies.

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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. Asia-US East Coast prices (FBX03 Weekly) were level at $2,509/FEU. Europe – N.

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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. Freightos Terminal data shows that Asia – N.