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For the past few years, the air cargo market has greatly benefited from international e-commerce. According to the International Air Transport Association (IATA), 80% of e-commerce is transported by air and makes up upwards of 30% of total air cargo volume. Rethinking supply chains is a reader-supported publication.
2024 Typhoon Season has Caused Billions in Agricultural Losses This year’s typhoon season has been particularly disruptive, severely affecting port operations and shipping across the western Pacific, with significant storms such as Gaemi, Ampil, Shanshan, Yagi, and Bebinka impacting Taiwan, China, Japan, Vietnam, and the Philippines.
Blog More Resources Home September 10, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. China – N. Europe weekly prices fell 4% to $3.45/kg.
It appears that operational and procurement risks for beneficial cargo owners or shippers, in the short term, are minimal. The areas that will be deliberated in future articles are ocean shipping market landscape, freight procurement, reliability & visibility and the competitive landscape.
One to two weeks before CNY, factories will speed up their production causing a surge of freight. Provide a forecast of your expected cargo to your shipper’s representative. Vietnam – Lunar New Year – February 14-20 . During CNY they will close down completely. Hong Kong – CNY – February 16-19. Singapore – CNY – February 16-17.
South Korea has 71 airports with paved runways, more than half of which can support cargo jets. This robust infrastructure makes it easy to move freight in or out of the country quickly and easily. The annual freight traffic on registered carriers was 11.297 billion mt-km in 2015. The country also has 466 heliports.
What is your air freight strategy for the year ahead? The surge in demand for air freight that took off in mid-2016 normalized in early 2018. The surge in demand for air freight that took off in mid-2016 normalized in early 2018. Airlines continue to hone their air freight capacity strategy. Two steps to take now.
These smart operators include: John Deere: The agricultural vehicle manufacturer says it expects to spend $40 million (USD) on expedited freight to ensure there is no disruption in supply. Examples are: Samsung Electronics , which is shifting part of its domestic phone production to Vietnam due to the rapid advance of COVID-19 in South Korea.
What is your air freight strategy for the year ahead? The surge in demand for air freight that took off in mid-2016 normalized in early 2018. The surge in demand for air freight that took off in mid-2016 normalized in early 2018. Airlines continue to hone their air freight capacity strategy. Two steps to take now.
However, the announcement should not have come as a surprise, as the ocean cargo market has been suffering for some time by a condition of overcapacity, low rates, and a flat global market. once they’ve been allowed to discharge cargo to protect the interests of maritime lien holders. bankruptcy code. Judge John K.
Rising material costs and historically high freight rates can eat into the profitability of your renewable energy project. The majority of solar equipment manufacturers are in China, Vietnam, Thailand, and Malaysia. For breakbulk cargo, you could call to book space on a vessel for next week.
The top three exporters to the US were China, 61.2%, Vietnam, 24.3%, and Indonesia, 5.2%. The majority of the imports are by way of ocean freight. However, to get a true picture of the footwear supply chain, one must not discount air freight. In 2020, 1.9 billion pairs of shoes were imported into the US.
Blog " * " indicates required fields Email * More Resources Home June 21, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market.
We will discuss how other services and companies compare to Freightera using ground freight shipping in North America as the baseline. Empty circle: No or Not applicable Freight Carriers Freight carriers are the backbone of our industry. Freight carriers specialize in carrying freight. Half-filled circle: Depends.
We will discuss how other services and companies compare to Freightera using ground freight shipping in North America as the baseline. Empty circle: No or Not applicable Freight Carriers Freight carriers are the backbone of our industry. Freight carriers specialize in carrying freight. Half-filled circle: Depends.
Bed Bath & Beyond @BedBathBeyond Bed Bath & Beyond has discovered a way to save millions of dollars on freight over the next few years, thanks to a new 755,000 square-foot distribution facility slated to open in the fall of 2019. The new facility will allow the company to offer two-day shipping to most (about 90%) of the U.S.
Quotes from an overseas contact for Asia-US cargo: Ocean freight premium charges are now being reflected in the indexes provided here. • New Covid outbreaks in Vietnam have crippled production and capacity. Companies in footwear, textiles, furniture, and integrated circuits are being significantly impacted.
After Gap experienced factory delays in Vietnam, it started working with Mexican and Central American manufacturers to cut down on lead times. Brands, like Gap and Lululemon , are using expensive air freight routes to get items faster and circumvent port congestion. Others are bringing manufacturing slightly closer to the end consumer.
The Index, in its ninth year, ranks 50 emerging markets countries by factors that make them attractive to logistics providers, freight forwarders, shipping lines, air cargo carriers and distributors. In the 50 country rankings, Brazil slips two spots to No. 9, falling below No.
More Resources Home October 1, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. Europe weekly prices increased 8% to $3.97/kg. America and N.
For example, China for just about everything that can be made, Vietnam for clothing and shoes, and Bangladesh for garments. Arrange Cargo Transport. This is traditionally used for sea freight but it has been used for other modes of transport as well. Once it clears, you have a few hours to unload the cargo yourself.
For example, China for just about everything that can be made, Vietnam for clothing and shoes, and Bangladesh for garments. Arrange Cargo Transport. This is traditionally used for sea freight but it has been used for other modes of transport as well. Once it clears, you have a few hours to unload the cargo yourself.
The extreme port congestion and container shortages that drastically reduced shipping out of Southern China last month have eased, but as freight volumes from Yantian and other Pearl River Delta ports recover, the rebound will send another wave of disruptions through the troubled global shipping network, according to American Shipper.
This is due in part to the chokepoints they cause in the flow of global freight as well as the fact that they give people access to resources and commercial activity more effectively. It is standard procedure to unload some Mediterranean-bound ships and use the Sumed pipeline to move the excess cargo. meters in 2008 as opposed to 22.5
Blog More Resources Inicio January 7, 2025 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data and anything else impacting the market. In this scenario, if there is a strike it may be brief.
Home March 25, 2025 Update The Freightos Weekly Update keeps you informed on international freight with key economic data, demand trends, and rate insights. In addition to China, this list could include Singapore, Vietnam and India. Asia-US East Coast prices (FBX03 Weekly) fell 5% to $3,343/FEU.
The US is facing a shortage of warehouse space and truck drivers , and shifting to 24/7 operation will require enormous co-ordination between the publicly operated ports and private sector groups, including large retailers and freight companies. The strength of the American consumer is on display here every single day,” Seroka said.
SUBSTITUTED SERVICE (ALTERNATE PORT SERVICE) This provision shall govern the transfer of cargo by trucking or other means of transportation at the expense of the Carrier. Rates that are ramp or CY at origin apply from the inland rail carriers ramp at the place of receipt of the cargo by Carrier. Dangerous/Hazardous Cargo, N.O.S.,
Home February 18, 2025 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data and anything else impacting the market. Changes to trade policy are shaking up the air cargo market as well.
Home Trumps April Tariffs – Rundown, Implications and Freight Impact On Wednesday, April 2, President Trump announced a sweeping and encompassing global tariff, paired with reciprocal tariffs on a list of nearly 60 countries. If things do play out this way, the freight market will suffer too.
Blog More Resources Home A Volatile Year Ahead: Scenarios for Ocean Freight in 2025 Judah Levine Freightos was delighted to host its seventh annual FreighTech conference recently, bringing together leaders in What does 2025 hold in store for ocean freight ? Stay informed every single week with our free weekly freight update.
Home April 8, 2025 Update The Freightos Weekly Update keeps you informed on international freight with key economic data, demand trends, and rate insights. Many other countries, including Vietnam, are actively trying to negotiate a resolution instead. Asia-US East Coast prices (FBX03 Weekly) increased 5% to $3,541/FEU.
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