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The Great Maersk Shift

Freightos

Demand for ocean freight was lower than anticipated, and Hanjin Shipping, another top ten ocean liner, was already teetering on the verge of bankruptcy. The Post-2016 Strategy: End-to-end Shipping. While not outrightly linked to this release, Maersk, now a shipping line and forwarder, terminated its key account status.

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September 26, 2023 Update

Freightos

A recent analysis suggests that some spending growth is on the types of goods , like video games, that don’t ship by ocean container – another factor in the relative disconnect between spending and freight. In air cargo, more forwarders are reporting signs of life for ex-Asia volumes, which is a good omen for hopes of an air peak this year.

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This Week in Logistics News (April 27 – May 3)

Logistics Viewpoints

Amazon in the news: Amazon’s Prime orders are getting delivered faster and faster Hawaiian Airlines slowly adds freighters for Amazon business Walmart in-store AI is giving employees advice on how to sell products USPS delivery unit proposal sparks service, cost concerns for shipping partners White House earmarks $1.5B

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November 21, 2023 Update

Freightos

Europe prices are 36% above their extreme lows last month showing some gains through the GRIs, though rates for both lanes remain below 2019 levels. In air cargo, Freightos Air Index data show China – N. Freight news travels faster than cargo Get industry-leading insights in your inbox.

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You Should Be Worried. Supply Chains Are Not OK. Let’s Lock Arms To Drive Change

Supply Chain Shaman

Global shipping is national news with most stories covering the symptoms. Freight Rates 2019-2021. Since 1990, the size of ships increased 3X, but the design of the west coast ports remained largely unchanged. meters, to accommodate ships with 20 rows of containers) and 15.2 So, I write this blog with this bias.

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Supply Chain Impacts from Russia-Ukraine Conflict

Logistics Viewpoints

According to the Observatory of Economic Complexity (OEC), Ukraine’s top exports (2019) are agricultural commodities such as wheat, corn, and seed oils; iron ore, and iron. However, I did see reports on the destruction of Ukraine’s Antonov An-225, the world’s largest cargo aircraft. International shipping has faired well so far.

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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). As a result, they went from paying $45 per mattress on shipping to $375 per mattress in 2021.