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Red Sea and Suez Canal Shipping Crisis Update

Freightos

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.

Shipping 303
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U.S. Freight Logistics Industry Recession Continues with Some Hopeful Signs

Supply Chain Matters

Transportation prices reportedly contracted for the tenth consecutive month, but authors pointed to a lessened rate in the April data. The underlying data would also reflect that while some global regions are experiencing optimistic consumer demand, the sentiment for the U.S. The April report commentary took note that European and U.S.

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January 3, 2024 Update

Freightos

More Resources Home January 3, 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. Some carriers are shortening the “free time” N.

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Snapshot of 2023 Predictions for Industry and Global Supply Chains- Part Four

Supply Chain Matters

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. Scale matters, tech matters, and now, data science matters. ”.

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Lights out: China’s energy woes hamper supply chains

Resilinc

Some rate increases have been allowed in the last weeks, but it’s unclear how much generation capacity can be increased given the coal shortages. The world’s largest exporter since 2009, Chinese producers shipped $2.5 trillion worth of goods in 2019, the latest year for which data is available from the World Bank.

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The State of LTL Shipping in Light of YRC Freight Bankruptcy

TransAudit

LTL, or Less-Than-Truckload shipping, represents the transport of freight that doesn’t require an entire truck’s space. The repercussions are profound, with the LTL shipping sector being notably impacted. Financial Restructuring Attempts Yellow was compelled to opt for wage concessions and debt-for-equity swaps in 2009.

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Ocean Freight Procurement and Going with the Stream

Freightos

Not that long ago, they were the only way people listened to music, peaking at 23 million units sold in Q1 2009. For example, logistics providers reported that unless they paid extra during capacity crunches, 25% of their shipments failed to make the first available sailing. Remember iPods? We never looked back.