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February 22, 2024 Update

Freightos

Judah Levine February 22, 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 1% to $4,889/FEU. Asia-US East Coast prices (FBX03 Weekly) climbed 3% to $6,764/FEU.

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November 15, 2023 Update

Freightos

Judah Levine November 15, 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) increased 6% to $1,711/FEU. Asia-US East Coast prices (FBX03 Weekly) climbed 3% to $2,421/FEU.

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May 28, 2024 Update

Freightos

These are volume levels US ports should be able to handle , not only because they are lower than during the pandemic but because strategies developed during the pandemic to avoid congestion from volume surges, like off-port container yards, are already in place. May through September volumes this year, meanwhile, are projected to average 2.05

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December 28, 2023 Update

Freightos

Judah Levine December 28, 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) increased 7% to $1,659/FEU. Asia-US East Coast prices (FBX03 Weekly) were level at $2,505/FEU.

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Flexibility in the Face of Uncertainty

Freightos

However, interestingly enough, in today’s global freight environment, shipping from China to Los Angeles by ocean freight and following that up with air cargo shipments to Europe may actually be a more viable route. In other words, ocean cargo costs would cost about $0.21/kilogram kilogram to Europe. Total blended cost?

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Navigating Uncharted Waters: SMB Importers, 2024 and Red Sea Crisis Lessons

Freightos

Navigating the Storm: Strategies for SMB Importers in 2024 There is no golden ticket for solving these challenges. They should monitor the evolving geopolitical situation and adjust their shipping strategies accordingly. Exploring alternative shipping routes and modalities, including air cargo, is crucial despite the higher costs.

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January 10, 2024 Update

Freightos

Judah Levine January 10, 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 60% to $2,713/FEU. America weekly prices fell 1% to $1.81/kg. America were level and N.