Remove Cargo Remove Demo Remove Groups Remove Industry
article thumbnail

March 6, 2024 Update

Freightos

Judah Levine March 6, 2024 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) fell 1% to $4,754/FEU. In terms of air cargo labor, repeated strikes by ver.di

article thumbnail

January 30, 2024 Update

Freightos

Judah Levine January 30, 2024 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 38% to $4,099/FEU. America air cargo rates climbed 11% last week to $5.33/kg,

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

June 4, 2024 Update

Freightos

A recent Freightos Group survey of more than fifty logistics professionals found that since early May, nearly 70% of BCOs and forwarders with long term ocean contracts have had containers rolled or pushed to the spot market, or are facing contract renegotiations with carriers to increase their long term rate levels.

article thumbnail

June 11, 2024 Update

Freightos

Some observers expect the latest increase in ocean disruptions and rates to push some demand to air cargo. Freight news travels faster than cargo Get industry-leading insights in your inbox. However, Freightos Air Index rates out of the Middle East and S. Asia have been stable since at least mid-May. Prices from China to N.

article thumbnail

November 21, 2023 Update

Freightos

Judah Levine November 21, 2023 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) decreased 8% to $1,573/FEU. In air cargo, Freightos Air Index data show China – N.

article thumbnail

February 7, 2024 Update

Freightos

Judah Levine February 7, 2024 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 7% to $4,367/FEU. America air cargo rates climbed 14% last week to $6.06/kg,

article thumbnail

May 15, 2024 Update

Freightos

The impact of this shift on air cargo rates, though, could be mitigated somewhat by summer travel’s additional passenger flights adding cargo capacity to the market. The biggest driver of elevated air cargo rates out of China – Freightos Air Index rates out of China were at $5.86/kg America and $3.60/kg