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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. America East Coast peak of $22k/FEU.

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Revolutionizing the Industry: Discover the Top 3 Logistics Trends for 2023!

3PL Links

Revolutionizing the Industry: Discover the Top 3 Logistics Trends for 2023! Image source: Pixabay Everyone who is familiar with the transportation industry understands that things do not always go as planned. Yet, by 2024, it will be evident that any sense of stability is a delusion.

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TPM ‘23 – An industry moving forward

Freightos

There were plenty of freight insights to take in over three days of sessions, meetings and conversations with carriers, forwarders and BCOs, but far too many to include all of them in a blog post that anyone might make it to the end of. So, here are some of the highlights. More (too much?) Tech to save the day?

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Unlock Leading Indicators for Drayage Demand With SONAR

FreightWaves SONAR

This is due to the drayage industry being highly fragmented, which makes pricing opaque. Loaded Chicago inbound containerized rail intermodal volume (includes all container sizes) for 2024, 2023, 2022 and 2021 shown in white, blue, green and yellow, respectively. above 2023 levels, year to date. year-over-year since January 1.

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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. Freight news travels faster than cargo Get industry-leading insights in your inbox.

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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.