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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. 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! Yet, by 2024, it will be evident that any sense of stability is a delusion. We’ve created this list of the top 3 logistics trends for 2023 to help you on your way to supply chain sustainability. Then you’ll be ready to take on new tasks.

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Emerging Trends Around Last-Mile Delivery Fulfillment Models 2022

Locus

Some emerging trends around last-mile delivery fulfillment models. Let’s explore the four emerging trends around last-mile delivery fulfillment models that have gained traction among modern business enterprises. – US Grocery E-commerce Sales 2019-2024, March 2021. This figure is projected to increase to 291.2

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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. You can access our full report on the Red Sea disruption impact here.

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The Current State of the Freight Brokerage Environment

FreightWaves SONAR

Tight markets like the one in 2021 are characterized by spot rates being above contract rates and tender rejection rates averaging above 10%. Contract rates for dry van loads (VCRPM1) have slowed their decline dramatically over the past year, dropping 13% in 2022 to 2023 and 6% from 2023 to 2024.

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