Freightos

MAY 28, 2024

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.

Price Reduction 93

Price Reduction Expense Reduction Resource Reduction Data 93

Freightos

JANUARY 15, 2024

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.

Negotiating Skills 114

Negotiating Skills Optimal Sourcing Price Reduction Cost Reduction 114

Freightos

JANUARY 3, 2024

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.

Negotiating Skills 62

Negotiating Skills Optimal Sourcing Demo Logistics Network Optimization Software 62

Freightos

DECEMBER 19, 2023

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.

Negotiating Skills 88

Negotiating Skills Optimal Sourcing Demo Logistics Network Optimization Software 88

Freightos

JANUARY 3, 2024

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.

Negotiating Skills 120

Negotiating Skills Price Reduction Optimal Sourcing Vendor Strategies 120

Locus

JUNE 16, 2023

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%.

Cost Reduction 98

Cost Reduction Expense Reduction Inventory Reduction Price Reduction 98

FreightWaves SONAR

JULY 10, 2023

Carriers were handling 20%+ more freight in the fall of 2021. Chart: SONAR) Looking at the Contract Load Accepted Volume Index (CLAV), which measures accepted contract load tender volumes, carriers were moving approximately 20%-25% more freight at the end of 2021 than they were in early April this year. Sign up for a SONAR demo.

Freight 52

Freight Capacity Outbound Supply Chains 52