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Red Sea and Suez Canal Shipping Crisis Update

Freightos

As a result, widespread reroutings of ocean container traffic away from the Suez Canal continue, and ocean freight rates have begun to spike. This dispatch includes an update on the attacks and the ensuing implications for global freight. So far there have not been reports of any significant air cargo bump, though.

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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. Europe prices (FBX11) increased 151% to $4,042/FEU.

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The History of the Shipping Container

Freightos

For centuries the expense, risk, and frustration with ocean freight held back expansion of the international economy, despite the invention of the steam invention. Break-bulk loaded cargo was poorly secured required a Tetris-like approach to handle diverse sizes of packages. First use of a modern container for ocean freight.

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This Week in Logistics News (July 4-8, 2016)

Talking Logistics

It was a relatively quiet week for supply chain and logistics news, with robots and weak freight demand dominating the headlines. Air cargo firms feel the pressure from plunge in freight prices (Reuters). Adorable self-driving robots will start making deliveries in Europe this month (Quartz). percent from 3 percent.

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[INFOGRAPHIC] The History of Shipping Containers

GlobalTranz

The Freightos System is SaaS for freight contract management, automatic price quotations, and business intelligence. For centuries, the expense, risk, and frustration with ocean freight held back expansion of the international economy, despite the invention of the steam invention. First use of a modern container for ocean freight.

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This Week in Logistics News (April 22 – 28)

Logistics Viewpoints

US homes 8 retailers keeping Earth Day alive through a commitment to sustainability Ground parcel delivery costs reached a record high in Q1, although pricing discounts from carriers softened the blow, according to the TD Cowen/AFS Freight Index. Some UK supermarkets have run out of peppers after a cold snap in Europe led to a shortage.

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100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

Thanks to container prices rising as much as 600%, money that could be used for advertising went to freight companies instead. 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. Automotive News Europe ). Deloitte Global).