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November 15, 2023 Update

Freightos

Blog " * " indicates required fields Email * Email This field is for validation purposes and should be left unchanged. With peak season now behind us, transpacific rates nonetheless continued to climb moderately from their October lows last week as carriers seek to keep vessels full by reducing capacity.

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Fixed-Price Ocean Contracts are Dying a Slow, Painful Death…

Freightos

Blog " * " indicates required fields Email * Comments This field is for validation purposes and should be left unchanged. The pivot towards index-linked contracts and Forward Freight Agreements (FFAs) is not merely a trend but a strategic recalibration towards agility and resilience. Get Your Custom Report Now!

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November 7, 2023 Update

Freightos

Blog " * " indicates required fields Email * Phone This field is for validation purposes and should be left unchanged. Authorities will reduce daily neopanamax transits to five by February, suggesting that even at their most extreme, restrictions could still accommodate container traffic reasonably well.

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February 22, 2024 Update

Freightos

Blog " * " indicates required fields Email * Phone This field is for validation purposes and should be left unchanged. With these strategies in place, carriers are reducing delays and have succeeded at avoiding congestion at major European and N. Asia-US East Coast prices (FBX03 Weekly) climbed 3% to $6,764/FEU.

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Flexibility in the Face of Uncertainty

Freightos

Blog " * " indicates required fields Email * Name This field is for validation purposes and should be left unchanged. Despite the higher initial sea freight cost to the United States, this combination can ultimately deliver overall savings of 34 cents per kilogram when compared to Dubai…and a two day reduction in transit time.

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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. It converged with a trend of both airlines and ocean liners investing far more heavily in their fleets over the past fewyears. The regression in pricing wasn’t just due to lower demand.

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December 28, 2023 Update

Freightos

Blog " * " indicates required fields Email * Phone This field is for validation purposes and should be left unchanged. The US has indicated that the naval force will use a defensive strategy to secure the waterway, while the Houthis have threatened to attack US Navy ships if Houthi positions are targeted.