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Ahead of the Curve: How Digitalization Helped Air Cargo Amidst Red Sea Shipping Diversions

Freightos

More Resources Home Ahead of the Curve: How Digitalization Helped Air Cargo Amidst Red Sea Shipping Diversions Joyce Tai April 2, 2024 If there’s one lingering lesson from the supply chain crisis of COVID, it’s that digitization can help organizations navigate crises…but that digitization can’t be put in place DURING that same crisis.

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Ocean Risk Management part 2: Navigating Global Shipping Alliance

The Logistics & Supply Chain Management Society

Ocean Risk Management part 2: Navigating Global Shipping Alliance The shipping industry continues to evolve. In this article, we explore the pros and cons of the alliance model in the shipping industry, compare the solo strategy versus alliance strategy, and provide tips on how shippers can prepare for market swings.

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E2open’s Ocean Shipping Index Reveals Notably Improved Cross-Ocean Transit Time for Global Freight Deliveries

E2open

Latest report highlights how lessened demand for goods from Asia has continued to reduce port congestion, resulting in an average eight-day decrease in total time from booking to receipt compared to the year-ago period. There was also a notable reduction in the booking-to-gate time for shipments out of Asia.

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The Shipping Container Impact on Inflation

Freightos

But as consumer spending shifted from services to goods nearly a year ago, demand for ocean freight has consistently outpaced container ship capacity, pushing freight rates to record highs. . The post The Shipping Container Impact on Inflation appeared first on Freightos. With the total price inflation reaching 5.4%

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Expect Uncertainty for Inbound Shipments into Asia and China

Logistics Viewpoints

trade war, and the trade conflict between Japan-Korea all impact today’s shipping market. Robinson’s coverage of these and other disruptions has focused on what it means for companies shipping into North America. The post Expect Uncertainty for Inbound Shipments into Asia and China appeared first on Logistics Viewpoints.

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September 26, 2023 Update

Freightos

Visit our Resource Center Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) decreased 5% to $1,778/FEU. Asia-US East Coast prices (FBX03 Weekly) fell 8% to $2,650/FEU. Asia-Mediterranean prices (FBX13 Weekly) fell 4% to $1,751/FEU. Freightos Air Index data show Asia – N.

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Russia’s Arctic Expansion: The Future of Global Shipping

SCMDOJO

Additionally, new shipping lanes are opening up, and Russia has a grand plan to become the biggest beneficiary of climate change in the region. The country has a fleet of nuclear icebreakers, which can help open up and control Arctic trade routes, making trade between Asia and the West faster and cheaper.

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