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In Israel, ocean and inland logistics have continued to be fully operational despite the ongoing war. Freightos Data shows import container rates to Israel are in line with rates for the region overall. Freight news travels faster than cargo Get industry-leading insights in your inbox.
For example, importing plastic disposable cups to Israel results in different tariffs depending on whether or not there is a logo printed on the cup…and don’t get me started on duties for Santa Claus suits. In the last two years tariff rates have changed often and unpredictably as a trade war raged, complicating things even further.
Despite recent reports of some air cargo volume increases stoking some hope for air peak season, Freightos Air Index ex-Asia rates fell 2% to N. The outbreak of war in Israel has so far had little impact on ocean operations there or in the region, though many passenger and freighter flights to Israel have been canceled.
After three attacks on Israel-linked vessels in the Red Sea, including one container ship, ZIM Lines decided to divert one ship around the Cape of Good Hope. Though global air cargo volumes increased through October , the seasonal bump is estimated at about a third its typical size. Europe prices increased 6% to $4.47/kg,
With the threat focussed on Israel-linked vessels there has not been a significant impact on vessel flows through the Red Sea yet. In air cargo, some observers think the ex-Asia e-commerce driven bump in air cargo demand could push through until Lunar New Year. Freightos Air Index data show that China – N.
PowerFleet (NASDAQ: PWFL) is a leading global provider of wireless IoT and M2M solutions for securing, controlling, tracking, and managing high-value enterprise assets such as industrial trucks, tractor trailers, containers, cargo, and vehicle and truck fleets. PowerFleet is the result of the combination of I.D.
In air cargo, B2C e-commerce demand out of China continues to be the biggest driver of strong volumes, tighter capacity and upward pressure on rates to N. America even during these typically slow months for air cargo. Freight news travels faster than cargo Get industry-leading insights in your inbox.
Houthis expanded their threat to Red Sea traffic to include all Israel-bound – not just Israeli-owned – vessels this week, and attacked a tanker it claimed was bound for Israel on Tuesday. Freight news travels faster than cargo Get industry-leading insights in your inbox.
In retrospect I’m pleased that I was blissfully ignorant of the fact that it would take so many years for even a single cargo airline, or container ocean liner, to provide an API (that is digital computer to computer connection) for instant rates, capacity, and electronic bookings.
Israel experienced problems as a result, as Israeli ships were not allowed to pass through the canal. In 1956, Israel, France, and Britain invaded Egypt as a result. However, as tensions between Israel and the surrounding Arab countries grew in the 1960s, geopolitical issues persisted. billion tons of cargo (as of 2020).
In air cargo, a severe storm caused flooding in Dubai that led to a 24-hour closure of the airport last week and 300 canceled flights, though operations were expected to recover quickly. Freight news travels faster than cargo Get industry-leading insights in your inbox.
Joseph Giranda @cfrrinkens Joseph Giranda is the Director of Commercial Relations at CFR Rinkens , a global leader in the shipping of commercial cargo, specializing in the containerized shipping of motor vehicles. Tal Paperin Tal Paperin was born in the USSR in 1981 and immigrated to Israel in 1990.
FedEx plans to test autonomous drone cargo delivery with Elroy Air. Air Canada wants more cargo jets 3 months after launching service. FedEx also plans to test autonomous drone cargo delivery, partnering with Elroy Air. Israel Aircraft Industries is remodeling older Air Canada passenger jets to carry heavy freight.
When a driver working out of any of the 20 delivery centers currently equipped with the tech returns their vehicle at the end of a shift, they slowly drive it through a sensor-laden archway made by startup UVeye, which has headquarters in the US and Israel. The port handled 748,440 twenty-foot equivalent units (TEUs) in September, a 5.4
It started in 1969 as DHL Air Cargo, and by the late 1970s, the company had expanded its operations and offered services throughout the world. FedEx is the largest cargo airline in the world in terms of scheduled freight tonne kilometers (FTK), a distinction the company has held since 2014, and it’s the fourth largest in terms of fleet size.
This response is driven by ongoing threats to crew and cargo safety, necessitating the rerouting of ships around the Cape of Good Hope, resulting in substantial delays and escalated shipping costs. East Coast ports, even though most cargo from Asia to the East Coast typically travels across the Pacific and through the Panama Canal.
The former CIA chief, Robert Gates, speculated that the Houthis may keep up their attacks even if an Israel – Hamas ceasefire develops, while overall the tone has been of an industry adjusting to a new normal. In terms of air cargo labor, repeated strikes by ver.di In terms of air cargo labor, repeated strikes by ver.di
” Houthi Red Sea Attacks The crisis in the Red Sea was set off by the Israel-Gaza conflict and when Houthi terrorists claimed the attacks were being made in support of Gaza residents. .'”[5] She concludes, “The Taiwan Strait, indeed, contains international waters. In an attempt to decrease tensions in the Red Sea, the U.S.
In addition to the Houthi threat to Red Sea traffic – which he thinks could persist even after an end to the Israel-Hamas war – he listed tensions in the South China Sea, as well as a general trend toward protectionism at the expense of the type of globalism most have gotten used to as possible threats to global trade’s status quo.
Bordered by Lebanon, Syria, Jordan, and Egypt, the State of Israel is connected to even more countries through the global supply chain. In 2021, Israel’s main import partners were all over the map, from China to the US, Turkey, Germany, and Switzerland. Open ports close to Israel include Ashdod, Haifa, Latakia, Beirut, and Tripoli.
It has forced a number of companies to re-route cargo around Africa’s Cape of Good Hope, adding days to journeys. It has forced a number of companies to re-route cargo around Africa’s Cape of Good Hope, adding days to journeys. But one major shipping firm claimed the disruption will not lead to empty shelves in shops.
Yemen-based Houthi militants have been attacking high-value cargo vessels in the Red Sea since November in a show of support for Palestinian Islamist group Hamas fighting Israel in Gaza. And now on to this week’s logistics news.
With the ongoing war between Russia and Ukraine, the Israel-Hamas War, and the crisis in the Red Sea, the shockwaves these conflicts sent throughout their nations and the world have been felt everywhere—especially in the supply chain. Israel-Hamas War The Israel-Hamas war has posed a serious threat to the global supply chains.
Following the recent attacks launched by Yemen’s Houthi group on cargo ships in the Bab al Mandeb Strait at the southern end of the Red Sea, several major global shipping and oil companies – including Maersk and British Petroleum (BP) – have suspended shipments and halted operations in the area.
Geopolitics This year, three major geopolitical conflicts impacted the global supply chain: the Russia-Ukraine war, China-Taiwan tensions, and the Israel-Hamas war. The ongoing Israel-Hamas war continues to pose a threat to the high-tech industry and pharmaceutical industry.
Port of Oakland sets all-time cargo record. The Port of Oakland reached a milestone in April, setting an all-time record for cargo handling. It will be interesting to see if Amazon simplifies things a bit more in the near future. And now on to this week’s logistics news. Echoing Amazon: Walmart and Target try local package delivery.
And though no military intervention has succeeded in restoring security for passing vessels yet, both Israel and the US have increased direct strikes on Houthi positions in recent days. Some observers expect frontloading ahead of US tariffs to help keep air cargo demand and rates up into the new year.
Texas announced a renewed push for cargo-truck inspections last month as part of Abbott’s “Operation Lone Star” plan to deter illegal border crossings and drug smuggling amid what he says is a lack of enforcement by the federal government. UPS late Monday also said it had stopped flying to Israel. Civil aviation authorities in the U.S.,
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.,
Analysis Israel-Hamas Ceasefire and Red Sea Crisis The six-week first stage of the Israel – Hamas ceasefire began on Sunday bringing a reprieve to the fifteen months of fighting which were also the pretext for Houthi attacks on vessels in the Red Sea. China – N. Europe weekly prices fell 9% to $3.19/kg. Europe – N.
cargo imports in May could hit highest level since last October Transloading is heating up again Hundreds of cargo ships lost propulsion in U.S. The April 5 incident is one of hundreds in which massive cargo ships lost propulsion, many near bridges and ports, according to a Washington Post analysis of Coast Guard records.
You can check out our 2025 air cargo outlook here , or catch our recent 2025 Ocean and Air Outlook webinar here. Red Sea and capacity levels In terms of the Red Sea, the Israel – Hamas war is the Houthis stated motivation for attacking passing vessels.
And though the six-week phase one Israel-Hamas ceasefire is into its second week and the Houthis have paused attacks on passing vessels so far, carriers with some limited exceptions will not take steps to resume Red Sea traffic until they are convinced there will be long term quiet. Freightos Air Index rates of about $5.60/kg kg and $6.00/kg
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