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Containerized shipping joins modern financial world with CME futures

Freightos

trillion dollars in 2021 , up 13% from 2019. The cost of importing a 40’ container from China to the United States West Coast grew 1,000% from $1,800 in 2019 to over $20,000 in September 2021 according to our Freightos Baltic Index (FBX). Accelerated by lockdowns and increases in the consumption of goods, global trade hit $28.5

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2024 Supply Chain Predictions – Relative Stability and a Migration to the Mean

Logistics Viewpoints

Most notably, item shortages (purple) and stockpiling (red) were large contributors to 2021-2022 volatility. Container Shipping There have been recent reports publicizing the rapid decline in container shipping rates. In reality, 2021 and 2022 rates increased by multiples of the average over the four prior years.

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How Holiday Shopping Changed in 2021

Enterra Insights

Before starting such planning, however, they would do well to reflect on how things changed during the 2021 holiday shopping season. 2021 Holiday Retail Trends. The drop was the largest since 2016, when hiring fell nearly 9.6%. There was good news. Jan Kniffen ( @JRogersK ), CEO of J. Worker Shortages Grew.

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This Week in Logistics News (August 19 – 25)

Logistics Viewpoints

The first location is 8555 Preston Road in Frisco, Texas, a suburb Wing has served since 2021. It came as large and small businesses were working on contingency plans in the event of a strike, which would have spiked shipping prices and scrambled supply chains. That spot is expected to get up and running “in coming weeks.”

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This Week in Logistics News (May 20 – 26)

Logistics Viewpoints

Cargo ships lost 661 containers at sea in 2022, down from the 15-year average of 1,566 lost per year, according to the latest figures from the World Shipping Council (WSC). Some major ocean carriers have also announced new fees for goods shipped on the route as of June 1 in response to the canal restrictions.

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Brexit Impacts for US Export Shipments Beginning January 1, 2021

Intelligent Audit

In today’s world, it’s easy to think about all that goes into shipping analytics tools , business intelligence and advanced analytics. and EU said Thursday they had signed an agreement over their future relations, setting the seal on the 2016 British referendum decision to leave the bloc. will from Jan. will from Jan.

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This Week in Logistics News (May 27 – June 2)

Logistics Viewpoints

Walmart added new functionality that lets sellers purchase shipping labels for domestic orders on its marketplace. Ship with Walmart (SWW) was previously available only for cross-border orders. The feature is standard on other major marketplaces, offering sellers reduced shipping rates and integrating with their platforms.