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

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.

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Freightos

JUNE 15, 2021

You’ve seen the Suez Canal memes, you know furniture is taking way longer than usual to get to your door, and you may have even heard about Pelotons shipped by air to reduce delivery times. While the cure for COVID is well on its way, there is no vaccine for what’s afflicting container shipping. Credit: Lufthansa ). But that’s changed.

Global 411

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Logistics Viewpoints

FEBRUARY 2, 2024

Soft demand in Europe and the US led to an overall decline of 7.5 Amazon achieved its fastest-ever global shipping times last year but isn’t resting on its laurels. The big three US airlines saw their cargo revenues decline last year as rates and volumes came under pressure. The shares fell as much as 7.6 percent in early U.S.

Cost Reduction Strategies 266

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I.C.E. Transport

NOVEMBER 14, 2023

The voyage of a cargo ship from Europe to the U.S. Yet, it's in the crucial transition from ship to door where the true test lies. East Coast covers an impressive 4,000+ miles.

Shipping 52

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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

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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

ModusLink Corporation

NOVEMBER 23, 2022

Top View Cargo containers ship logistics transportation Container Ship Vessel Cargo Carrier. Managing cloud-based e-commerce platforms and global shipping logistics is a vital part of the process of overcoming cross-border challenges for online retailers.

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Logistics Viewpoints

JULY 12, 2024

Ongoing attacks on vessels in the Red Sea by Yemen’s Houthis continue to disrupt shipping lanes in the chemical industry’s supply chain, according to Al Greenwood, chemicals expert and deputy editor at ICIS. It’s having an impact mainly in Europe and Asia. Rates for 40-foot containers from Asia to North Europe are at $8,764.14.

Material Savings 240

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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

OCTOBER 28, 2022

Amazon to double Europe EV fleet by 2025. UPS earnings rise as higher prices offset shipping slowdown. 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.

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Logistics Viewpoints

NOVEMBER 2, 2021

When you can barely see beyond the bow of the ship, when extreme wind and waves threaten to throw you off course – or worse, sink you – it’s understandable that long-term thinking can get chucked overboard like so much extra ballast. It’s an apt metaphor for ocean shipping these past many months. And the list goes on.

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Enterra Insights

FEBRUARY 22, 2024

The world’s oceans have been a vital part of global trade since humans first launched ships from shore. As a result, maritime shipping lies at the very heart of the global logistical system. In this concluding article, I want to discuss how climate change risks are adding to challenges faced by shipping firms and their clients.

Panama 130

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Logistics Viewpoints

JUNE 28, 2024

The company said it took a $157 million impairment charge for permanently deactivating the 757 cargo jets along with seven engines. By the end of September, FedEx will no longer be the primary air cargo provider for the U.S. Postal Service after UPS recently won the five-year contract.

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Freightos

JANUARY 3, 2024

More Resources Home Red Sea and Suez Canal Shipping Crisis Update Judah Levine Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Even with an international naval force in place, Houthi attacks on commercial vessels in the Red Sea continue. America East Coast peak of $22k/FEU.

Shipping 346

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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

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Freightos

JANUARY 15, 2024

For example, the Freightos Baltic Index indicates a 69% increase to North America’s East Coast and a staggering 226% to Northern Europe since the crisis began. In fact, the hard reality is that looking back over the past decade, supply chains have been disrupted by shipping bankruptcies, wars, pandemics, geopolitics and tariffs.

Negotiating Skills 317

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ToolsGroup

APRIL 1, 2022

Increased Shipping Costs, Delays, and Transportation Issues. Dealing with the Shipping Container Crisis. Following a March 2022 surge of Covid-19 in Shanghai, shipping company A.P. Automotive News Europe ). In response to the Ukraine invasion, Europe’s wholesale gas price surged by 69%. Accenture ). McKinsey ).

Material Savings 207

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GlobalTranz

APRIL 26, 2016

As a logistics service provider, focusing on over-the-road surface transportation management solutions via technology and managed transportation services, we find the following information on the history of shipping containers of great significance to the logistics and supply chain community at large. Readers' choice! Significance.

Shipping 120

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Freightos

APRIL 24, 2016

The History of the Shipping Container. 26 April 2016 marks the 60th anniversary of the maiden voyage of the Ideal X and the birth of modern container shipping, a development that played a critical role in spurring the global economy. But the modern shipping container has changed much more than one industry. Significance.

Shipping 120

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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

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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

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Supply Chain Game Changer

JUNE 17, 2021

International shipping industry article and permission to publish here provided by Daniel Choi. Even during the epidemic, the shipping industry’s significance in the value chain and the transportation of resources and goods worldwide was emphasized, probably most prominently. The Shipping Industry During Pandemic.

Shipping 75

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Freightos

JULY 8, 2024

Sune Stilling, ex-Founder and Managing Partner at Maersk Growth now building the first supply chain and logistics focused venture fund in Europe, Nine Realms. Nikolai Bozhilov, Executive Chairman of Unimasters, a freight forwarder operating in Eastern Europe. One where the customer demands transparency and zero-headache shipping.

Price Reduction 156

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Freightos

JANUARY 16, 2018

That said, ocean prices for shipping out of China are still well down on this time last year. 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.”. China-Europe. Europe-US East Coast. Europe-South America Atlantic. Air Freight Pricing.

Freight 221

Freight South America Europe China 221

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

The Logistics of Logistics

SEPTEMBER 12, 2022

Nathan Strang and Joe Lynch discuss the challenging shipping environment and why shippers need an ocean freight survival guide. In the podcast interview, Joe and Nathan discuss the challenging shipping environment and why shippers need an ocean freight survival guide. About Nathan Strang.

Supply Chain Planning Software 201

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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

Operations and Supply Chain Management

JANUARY 25, 2021

An ‘aggressive’ fight over containers is causing shipping costs to rocket by 300%. Shipping costs have skyrocketed as desperate companies wait weeks for containers and pay premium rates to get them, according to industry watchers. and Europe have surged 300%, Mark Yeager, chief executive officer of Redwood Logistics, told CNBC.

Examples 59

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Logistics Viewpoints

MAY 20, 2022

Autonomous cargo ship completes 500-mile voyage. In our last piece of autonomous vehicle news, the “world’s first” autonomous commercial cargo ship has successfully completed a near-500-mile voyage in the congested waters of Tokyo Bay, traveling without human intervention for 99 percent of the trip.

Logistics Network Optimization Software 221

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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. Crews began the on-water removal of containers from the still-stuck Dali , as one necessary step in clearing the ship from the collision site. Europe have declined in recent weeks, at $3.66/kg

Baltimore 331

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Freightos

APRIL 2, 2020

FreightRight is a small freight forwarder based in LA that has been posting value news updates, first from on the ground sources in China, and now with a good feel for what’s going on in air cargo, with a focus on how these developments are affecting SMBs and Amazon sellers. Additional COVID-19 Supply Chain Resources. Bolloré Logistics.

Resources 209

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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

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

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Freightos

NOVEMBER 11, 2021

On the horizontal carrier integration front, Maersk has doubled down on its extension from ocean consolidation (Hamburg Sud, 2017) to air cargo, increasing Maersk Air by 33% with three leased cargo planes and two new Boeing purchases. Image via StarAir.dk). Behind the Maersk shift. Enter Big Tech. One goal, two different motivations.

Price Reduction 177

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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

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Logistics Viewpoints

AUGUST 6, 2021

Another shipping crisis strikes, threatens Black Friday shopping. Volansi completes first-ever autonomous ship-to-ship drone delivery. The strain that has been impacting global supply chains over the last year was dealt another blow with flooding in Europe and China. And now on to this week’s logistics news.

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