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 306

Shipping Negotiating Skills Asia Yemen 306

Freightos

JANUARY 3, 2024

Dive deeper into freight data that matters Stay in the know in the now with instant freight data reporting Sign up for Free Analysis Even with the US-led international naval task force in place, Houthi attacks on commercial vessels continued last week including a missile attack and attempted hijacking of a Maersk container ship on Saturday.

Negotiating Skills 156

Negotiating Skills Asia Optimal Sourcing Europe 156

Supply Chain Matters

MAY 22, 2023

Container Shipping Industry The quarterly performance of ocean container shipping lines continue to reflect decreased volumes and significantly reduced profitability levels amid this industry’s reported 30 percent reduction in scheduled route capacity. percent drop in cargo volumes. The two U.S. percent this year.

Negotiating Skills 52

Negotiating Skills Inventory Reduction Cost Reduction Strategies Price Reduction 52

Supply Chain Matters

JANUARY 17, 2023

Carriers and providers experienced windfall profit levels in their ability to leverage the constant disruptions and ship deployment imbalances into skyrocketing spot rates, added services fees, surcharges or demurrage penalties. The rate was further 80 percent below the peak spot rate of $10,377 reached in September 2021.

Predictive Analytics Software 52

Predictive Analytics Software Supply Chain Planning Software Supply Chain Software Cost Reduction Strategies 52

Talking Logistics

JULY 8, 2016

Air cargo firms feel the pressure from plunge in freight prices (Reuters). More data points this week confirming what we already know: demand for freight transportation is weak, which is leading carriers to cut back on capacity. Global trade volumes fell for the first time since 2009 by 1.7 percent from 3 percent.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Supply Chain Software Demand Planning Software Supply Chain Network Software 100

Freightos

MARCH 17, 2019

Not that long ago, they were the only way people listened to music, peaking at 23 million units sold in Q1 2009. Tenders can take BCOs (Beneficial Cargo Owners) three to five months of preparation, but despite this, the fixed price often breaks down during peak season. Remember iPods? Six years later, that number had dropped to zero.

Optimal Sourcing 120

Optimal Sourcing Procurement Freight Price Reduction 120

ToolsGroup

APRIL 1, 2022

Increased Shipping Costs, Delays, and Transportation Issues. Dealing with the Shipping Container Crisis. As some component lead times push into 2023, the shortage is expected to last 24 months before it recedes – similar to the chip shortage of 2008-2009. Increased Shipping Costs, Delays, and Transportation Issues.

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207