Freightos

OCTOBER 11, 2023

Nonetheless, August volumes were on par with 2019, September and October ocean imports are projected to be 3-4% higher than pre-pandemic, and November/December at least 9% higher. Transpacific rates to the West Coast fell 11% last week to about $1,500/FEU, and is the only major lane with rates still above 2019 levels. Asia – N.

Asia 156

Asia Europe Price Reduction 156

Freightos

OCTOBER 17, 2023

Europe are well below 2019 levels, while rates to the West Coast are still 17% higher than in 2019, possibly reflecting some shift of volumes back to the West Coast as the threat of labor disruptions has ended. If rates have reached their floor, it is likely thanks to significant capacity management measures taken by carriers.

Asia 156

Asia Europe Cargo 156

Freightos

APRIL 16, 2024

America projects volumes to be strong relative both to last year and to 2019 as we move into Q2 with total H1 volumes about 11% higher than in both 2019 and 2023, and with peak months of July and August about 5% above 2019 levels as well. The latest National Retail Federation ocean import report for N.

Saudi Arabia 224

Saudi Arabia Iran Asia Price Reduction 224

Freightos

DECEMBER 6, 2023

Dive deeper into freight data that matters Stay in the know in the now with instant freight data reporting Sign up for Free Analysis Transpacific ocean rates were level to close November and about even with the start of the month, with prices to the West Coast 22% higher than in 2019 and East Coast rates 9% below the 2019 mark.

Negotiating Skills 243

Negotiating Skills Price Reduction Asia 243

Freightos

NOVEMBER 28, 2023

Europe ocean rates dipped 6% last week to $1,211/FEU and are 17% lower than in 2019. Carriers have been reducing capacity through blank sailings and other measures in response. After three attacks on Israel-linked vessels in the Red Sea, including one container ship, ZIM Lines decided to divert one ship around the Cape of Good Hope.

Negotiating Skills 196

Negotiating Skills Price Reduction Vendor Strategies 196

Freightos

DECEMBER 13, 2023

Europe remain 8% below 2019 levels, but the sharper climb to the Mediterranean has prices 32% higher than pre-pandemic. In terms of demand, the National Retail Federation reported that peak season actually stretched through October with volumes 9% higher than in 2019, before dipping in November.

Negotiating Skills 224

Negotiating Skills Optimal Sourcing Price Reduction 224

Abivin

DECEMBER 5, 2022

Chokepoints (or bottlenecks) are a term used to describe the most crucial strategic marine routes because they: Capacity limitations. Chokepoints commonly have shallow, constricting depths, which hinder navigation and place restrictions on ship capacity. In 1956, Israel, France, and Britain invaded Egypt as a result.

Panama 52

Panama Egypt Asia United States 52