Freightos

SEPTEMBER 26, 2023

Europe prices (FBX11 Weekly) fell 34% to $996/FEU. Europe weekly prices increased 7% to $3.70/kg. Europe – N. Carriers are not having the same success on Asia – Europe lanes where rates crashed 34% last week to less than $1,000/FEU, an FBX record low for this lane. Europe rates of $3.70/kg

Asia 307

Asia Europe Freight Logistics Network Optimization Software 307

Freightos

AUGUST 6, 2024

Europe prices (FBX11 Weekly) increased 1% to $8,429/FEU. Europe weekly prices increased 7% to $3.63/kg. Europe – N. In air cargo, Freightos Air Index rates from China to the US slid 12% in the last few weeks. Freight news travels faster than cargo Get industry-leading insights in your inbox. China – N.

Asia 206

Asia Europe China Bangladesh 206

Freightos

FEBRUARY 28, 2024

Most recently, the recent disruptions in the Red Sea that saw ocean freight rates from China to Europe by over 190% and saw transit times lengthen, sea-air services offered a strategic advantage for logistics professionals able to remain agile, by watching trends and jumping at opportunities to ensure a resilient supply chain.

Los Angeles 156

Los Angeles Negotiating Skills Cost Reduction Strategies Price Reduction 156

Freightos

OCTOBER 17, 2023

Europe prices (FBX11 Weekly) increased 3% to $946/FEU. Europe weekly prices fell 1% to $3.71/kg. Europe – N. Europe are well below 2019 levels, while rates to the West Coast are still 17% higher than in 2019, possibly reflecting some shift of volumes back to the West Coast as the threat of labor disruptions has ended.

Israel 156

Israel Asia Europe Cargo 156

Freightos

OCTOBER 4, 2023

Europe prices (FBX11 Weekly) ticked up 2% to $1,020/FEU. Europe weekly prices increased 6% to $3.94/kg. Europe – N. Europe rates were below $900/FEU as of yesterday, despite indications of a gradual improvement in volumes on this lane. Europe prices climb 6% to $3.94/kg. kg China – N. Asia – N.

Asia 177

Asia Europe America Cargo 177

Resilinc

MARCH 28, 2023

February 2023 saw supply chain struggles continue across Asia and Europe due to dwindling energy supplies, ongoing effects of COVID-19, high inflation, and more. Per the contract, Eni will deliver one LNG cargo per month between 2017 and 2032. Pakistan also relies on a long-term contract with Italy’s natural gas company, Eni.

Asia 62

Asia Europe Pakistan Nigeria 62

Freightos

OCTOBER 11, 2023

Europe prices (FBX11 Weekly) decreased 10% to $917/FEU. Europe weekly prices fell 5% to $3.76/kg. Europe – N. Europe falling 10% to an extreme low of $917/FEU, 25% lower than pre-pandemic. Freight news travels faster than cargo Get industry-leading insights in your inbox. kg China – N. Asia – N.

Israel 156

Israel Asia Europe Price Reduction 156

Freightos

SEPTEMBER 13, 2023

Europe prices (FBX11 Weekly) fell 8% to $1,608/FEU. Europe weekly prices increased 1% to $3.07/kg. Europe – N. The overcapacity in the market is forcing some to idle new ultra large vessels even before their maiden voyages from Asia to Europe. Asia-US East Coast prices (FBX03 Weekly) dipped 1% to $3,048/FEU.

Asia 333

Asia Europe China Freight 333

Freightos

OCTOBER 31, 2023

Europe prices(FBX11 Weekly) increased 8% to $1,056/FEU. Europe weekly prices climbed 11% to $4.30/kg. Europe – N. In air cargo, there are signs that global volumes are increasing. Europe prices increased 11% last week to $4.30/kg, Europe prices increased 11% last week to $4.30/kg, kg China – N.

Price Reduction 156

Price Reduction Resource Reduction Panama Asia 156

Logistics Viewpoints

JANUARY 26, 2024

Global shipping prices are continuing to rise as Houthi rebels keep up attacks on cargo vessels in and around the Red Sea. The disruptions are at a key point for ships passing through the Suez Canal and are creating ripples across supply chains in Europe and the U.S., delaying shipments and raising transportation costs. East Coast.

Logistics Network Optimization Software 266

Logistics Network Optimization Software Logistics Panama California 266

Freightos

OCTOBER 25, 2023

Europe prices (FBX11 Weekly) increased 3% to $978/FEU. Europe weekly prices increased 4% to $3.86/kg. Europe – N. Europe rates remained below $1,000/FEU last week. Europe GRIs planned for November to try and push rates up to profitable levels. Asia-US East Coast prices (FBX03 Weekly) fell 4% to $2,141/FEU.

Asia 177

Asia Europe Price Reduction Freight 177

Logistics Viewpoints

FEBRUARY 2, 2024

Soft demand in Europe and the US led to an overall decline of 7.5 The big three US airlines saw their cargo revenues decline last year as rates and volumes came under pressure. United Airlines – the largest of the three in terms of cargo volumes – registered a 31.1 The shares fell as much as 7.6 percent in early U.S.

Cost Reduction Strategies 267

Cost Reduction Strategies Inventory Reduction Logistics Network Optimization Software Manufacturing Procurement 267

Logistics Viewpoints

JUNE 21, 2024

May air cargo volumes rise amid global disruption Freight market pressured again in May, Cass data shows General Motors (GM) is accelerating sustainability efforts in its supply chain, focusing on logistics, materials, packaging, and supplier engagement. May air cargo volumes continue to rise amid global disruptions. percent in Q1.

Logistics Network Optimization Software 264

Logistics Network Optimization Software Logistics Material Savings Optimal Sourcing 264

Talking Logistics

APRIL 8, 2021

The Suez Canal Blockage of 2021 has cleared, and cargo is again flowing through that crucial gateway from Asia to Europe. While the immediate impact may have subsided after a week of fingernail biting, significant delays, and forced re-routings, lessons learned will hopefully stay with the supply chain industry for a long time to come.

Supply Chain Software 216

Supply Chain Software Supply Chain Technology Logistics Network Optimization Software Supply Chain 216

Freightos

SEPTEMBER 20, 2023

Europe prices (FBX11 Weekly) fell 6% to $1,517/FEU. Europe weekly prices increased 13% to $3.46/kg. Europe – N. Europe rates fell 6% last week and look to be continuing their slide this week. Freight news travels faster than cargo Get industry-leading insights in your inbox. kg China – N.

Price Reduction 177

Price Reduction Resource Reduction Asia Cost Reduction Strategies 177

Supply Chain Movement

APRIL 21, 2015

TOC Europe 2015. TOC Europe – Your Global Container Supply Chain Event. The TOC Europe is the global meeting place for ports, terminals, shipping lines, 3PLs & shippers. Ports therefore need to process cargo in a timely and cost effective manner using the latest technology on the market to do so.

Europe 60

Europe Supply Chain Software Cargo 3PL 60

Freightos

AUGUST 25, 2024

More Resources Home The Transformative Role of AI in Air Cargo AI Popup #4 August 25, 2024 Dive deeper into freight data that matters Learn More In the rapidly evolving air cargo industry, staying ahead of the curve requires the thoughtful integration of cutting-edge technologies.

Cargo 177

Cargo Logistics Network Optimization Software Predictive Analytics Software Optimization Software 177

Supply Chain Movement

JANUARY 21, 2015

Multimodal Europe – 2015. Poland, due to its geographical location is becoming a transshipment centre for entire Europe. Presently the economical situation (lack of drivers, legislative issues, difficulties in road transport occurring in many countries) is forcing the entrepreneurs to look for alternative ways of carrying cargo.

Europe 60

Europe Poland Policies Cargo 60

Logistics Viewpoints

OCTOBER 28, 2022

Amazon to double Europe EV fleet by 2025. Earlier this week, Amazon and Hawaiian Airlines announced that the retail giant will use Hawaiian Airlines to fly its first Airbus freighters on primary cargo routes and to Hawaii beginning in the second half of 2023. That one is probably not a record he was hoping to break.

Logistics Network Optimization Software 216

Logistics Network Optimization Software Logistics San Diego Mexico 216

Freightos

JUNE 15, 2021

A third of all cargo is carried in passenger planes. So to meet capacity, airlines started to convert passenger planes into cargo planes at scale. In the last quarter of 2020, it became clear cargo rates weren’t coming down anytime soon. And it’s not just ocean freight. Credit: Lufthansa ). Enter, a global container shortage.

Global 411

Global Supply Chain Price Reduction Supply and Demand 411

CH Robinson Transportfolio

JANUARY 3, 2020

For example, you might be surprised how beneficial rail service between Europe and Asia can be for your business today. . As reported by OSW studies , China determined that rail service between western China, Kazakhstan, Russia, and Europe would best serve the unique needs of these manufacturers. Cargo insurance.

Asia 46

Asia Europe Logistics Network Optimization Software Cost Reduction Strategies 46

Logistics Viewpoints

JULY 12, 2024

It’s having an impact mainly in Europe and Asia. But now ships between Europe and Asia are instead going around the Cape of Good Hope on the southern tip of Africa, which can add anywhere from 10 days to a month of travel time compared to the Red Sea/Suez Canal route.

Material Savings 241

Material Savings Los Angeles Waste Reduction Logistics Network Optimization Software 241

Enterra Insights

FEBRUARY 22, 2024

Vásquez told the Associated Press, “In the first quarter of the fiscal year, the passageway saw 20% less cargo and 791 fewer ships than the same period the year before.” 6] Float Europe, “ The impacts of rising sea levels on the world’s ports ,” Innovation News Network, 15 December 2023. [7]

Panama 130

Panama Global Supply Chain Planning Software Supply Chain Planning 130

Freightos

JANUARY 16, 2018

China-US East Coast lags by 24%, China-US Europe by 29%, and China-US West Coast rates are a jaw-dropping 33% down on last year.”. Following disruptions caused by bad weather in US and Europe two weeks ago, last week airport operations quickly returned to normal, and cleared any cargo backlogs. China-Europe. Manageable.

Freight 221

Freight South America Europe China 221

Freightos

NOVEMBER 19, 2024

Europe prices (FBX11 Weekly) increased 2% to $4,580/FEU. Europe weekly prices increased 5% to $4.03/kg. Europe – N. Carriers are particularly motivated to see prices increase on this lane as they enter tendering season for next year’s annual contracts with Asia – Europe BCOs. kg China – N. And at $4.00/kg,

Negotiating Skills 156

Negotiating Skills Asia Price Reduction Europe 156

Freightos

MAY 15, 2024

Europe prices(FBX11 Weekly) increased 17% to $4,151/FEU. Europe weekly prices fell 12% to $3.60/kg. Europe – N. Recent increases in Asia – Europe volumes during what is normally a slow season for ocean freight, surprised many carriers and may point to the beginning of a restocking cycle for European importers.

Negotiating Skills 281

Negotiating Skills Asia Europe Cargo 281

Freightos

APRIL 9, 2024

Europe prices (FBX11 Weekly) rose 2% to $3,325/FEU. Europe weekly prices increased 2% to $3.36/kg. Europe – N. Europe and the Mediterranean prices have fallen by 25% since January, but remain about double their levels in 2019. Europe, which are respectively 12% and 24% higher than at the start of the Red Sea crisis.

Baltimore 331

Baltimore Asia Panama Europe 331

ModusLink Corporation

SEPTEMBER 30, 2024

companies that rely on East and Gulf Coast seaports have been importing early, shifting goods to the West Coast, and even putting cargo on pricey flights to hedge against a threatened Oct. These ports handle a significant portion of the nation’s containerized cargo, especially for the consumer goods, retail, and manufacturing sectors.

Los Angeles 78

Los Angeles Inventory Reduction Cost Reduction Strategies New York 78

Freightos

OCTOBER 8, 2024

Europe prices (FBX11 Weekly) fell 20% to $4,075/FEU. Europe weekly prices fell 4% to $3.83/kg. Europe – N. Freightos Air Index data shows Europe – N. America air cargo rates have increased 4% to $1.79/kg America air cargo rates have increased 4% to $1.79/kg China – N. kg from $5.91/kg

Negotiating Skills 256

Negotiating Skills Price Reduction Asia Europe 256

ToolsGroup

APRIL 1, 2022

Automotive News Europe ). In response to the Ukraine invasion, Europe’s wholesale gas price surged by 69%. Natural gas prices in Europe and curbs on exports from Russia and China are expected to keep fertilizer in high demand through 2023, which will lower crop yields. Financial Times). Nikkei Asia ). Supply Chain Dive).

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Kuebix

APRIL 2, 2021

The world received exciting news this week as a 220,200-ton cargo ship named the Ever Given was freed from the Suez Canal after being stuck for six days. It connects Asia to Europe and the U.S. The Suez Canal is one of the most important trade arteries in the world. East Coast. On average, 50 […].

Supply Chain 107

Supply Chain Asia Europe Cargo 107

Freightos

MAY 1, 2024

Europe prices (FBX11 Weekly) increased 2% to $3,365/FEU. Europe weekly prices increased 23% to $4.37/kg. Europe – N. Europe, prices remain well above normal and are likely to increase relative to this new floor as demand increases during peak season. In air cargo, Freightos Air Index China to N.

Sri Lanka 290

Sri Lanka Asia Europe America 290

Freightos

SEPTEMBER 3, 2024

Europe prices (FBX11 Weekly) fell 2% to $7,770/FEU. Europe weekly prices increased 5% to $3.61/kg. Europe – N. Europe remain five times higher than in 2019 nonetheless, but relative to their July peaks rates have now decreased 10% to N. Europe and 19% to the Mediterranean. kg to Europe. Prices to N.

Asia 233

Asia Europe Long Beach China 233

Freightos

OCTOBER 15, 2024

Europe prices (FBX11 Weekly) fell 11% to $3,625/FEU. Europe weekly prices fell 1% to $3.80/kg. Europe – N. Rates on these lanes fell further last week and, at about $3,600/FEU to Europe and $4,000/FEU to the Mediterranean, are already just about at April levels. Air Rates – Freightos Air Index China – N.

Price Reduction 165

Price Reduction Expense Reduction Cost Reduction Strategies Resource Reduction 165

Freightos

APRIL 16, 2024

Europe prices(FBX11 Weekly) increased 7% to $3,545/FEU. Europe weekly prices fell 2% to $3.30/kg. Europe – N. And though volumes are likely to rebound to Europe, expectations, overall, are subdued. America even during these typically slow months for air cargo. America weekly prices increased 69% to $6.17/kg

Saudi Arabia 310

Saudi Arabia Iran Asia Price Reduction 310

Freightos

AUGUST 27, 2024

Europe prices (FBX11 Weekly) fell 4% to $7,965/FEU. Europe weekly prices fell 10% to $3.44/kg. Europe – N. Europe and the Mediterranean have eased about 8% each from their July peaks, rates to the East Coast have remained at their peak level since mid-July. kg to Europe. China – N.

Negotiating Skills 229

Negotiating Skills Asia Europe Price Reduction 229

Freightos

JUNE 4, 2024

Europe prices (FBX11 Weekly) increased 3% to $5,022/FEU. Europe weekly prices fell 4% to $3.87/kg. Europe – N. Air cargo demand remained strong in May, though the new round of ocean disruptions do not appear to be causing a new surge in air cargo volumes just yet. America and Europe.

Asia 294

Asia Demand Planning Software Logistics Network Optimization Software Europe 294