Freightos

NOVEMBER 15, 2023

With higher costs and often sub-2019 rates, carriers like Hapag-Lloyd and others saw Q3 profits plunge compared to last year, though many managed to remain profitable. Transatlantic rates increased 9% last week, but at $1,108/FEU remain 43% lower than in 2019. The same was true for Asia – N.

Price Reduction 255

Price Reduction Negotiating Skills Vendor Strategies Resource Reduction 255

Freightos

MARCH 19, 2024

their levels in 2019, suggesting there may be further to fall before prices settle at a new, elevated floor. Easing Panama Canal restrictions announced last week – which will increase daily transits to 27 – are also a good sign for transpacific shippers to the East Coast. Still, current rates are around 2.5X Optimistic N.

Asia 257

Asia Europe America China 257

Freightos

AUGUST 29, 2023

Transpacific ocean rates climbed slightly last week, with West Coast rates up 5% to $2,029/FEU, and East Coast prices up 3% to $3,075/FEU, both above 2019 levels. Europe total H1 import volumes were down year on year , though demand has improved since March, with June volumes 5% higher than last year and 6% higher than in 2019.

Price Reduction 254

Price Reduction Asia Europe Resource Reduction 254

Freightos

AUGUST 8, 2023

But West Coast prices have climbed to $1,900/FEU so far this week, a 44% increase compared to mid-July and 23% higher than in 2019. East Coast rates reached $2,883/FEU yesterday, a 20% increase since mid-July and 2% higher than in 2019. Another factor for Asia – US East Coast rates is the low water level in the Panama Canal.

Price Reduction 173

Price Reduction Resource Reduction Asia Europe 173

Freightos

JUNE 21, 2023

In the near-term, the West Coast might enjoy an increase in volumes at the expense of alternative destinations as drought-driven low water levels in the Panama Canal are getting worse , with added restrictions announced for July that could significantly reduce the number of daily transits possible via the canal.

Negotiating Skills 156

Negotiating Skills Panama Asia Cargo 156

Freightos

JULY 26, 2023

Transpacific ocean rates trended up last week, and daily rates so far this week have climbed another $200/FEU on both lanes, pushing Asia – US West Coast rates to more than $1,500/FEU – 3% above 2019 levels – and East Coast prices to about $2,600/FEU. In Asia – N. Freightos Air index rates were at $4.29/kg

Negotiating Skills 156

Negotiating Skills Price Reduction Resource Reduction Asia 156

Freightos

JUNE 27, 2023

Rates to the East Coast fell 8% last week to about $2,300/FEU, about on par with rates for much of May and just below 2019 levels. FBX US West Coast – Asia rates have fallen more than 20% since March to $589/FEU, still 6% higher than in 2019. Asia – N.

Asia 156

Asia Price Reduction Europe Resource Reduction 156

Freightos

FEBRUARY 13, 2024

America demand expected to grow relative to last year and to 2019, overcapacity looms. More carriers are resuming Panama Canal transits as conditions there have stabilized and will hopefully improve with the start of the rainy season in May – another factor that should mitigate the Red Sea crisis impact on N.

Negotiating Skills 194

Negotiating Skills Optimal Sourcing Asia Europe 194

Supply Chain Matters

NOVEMBER 14, 2023

Rivian will reportedly continue to provide EV delivery vans to Amazon through 2030 as part of the company’s 2019 supply agreement to provide 100,000 Amazon branded EV vans by 2030. In the short term, drought-conditions that continue in the waters surrounding the Panama Canal continue to face long waits for traversing, or potential detours.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Cost Reduction Strategies 52

Supply Chain Shaman

DECEMBER 30, 2021

Freight Rates 2019-2021. I also laugh when newscasters quip, “Just move west coast ships through the Panama Canal…” With new locks in 2016, the Panama Canal is able to handle vessels with an overall length of 366 m (1201 feet), 49 meters beam (increased by the Canal Authority effective 1 June 2018 to 51.25

Supply Chain Design Software 424

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 424

CH Robinson Transportfolio

JANUARY 8, 2016

Panama Canal Expansion. The Panama Canal expansion, slated for completion this spring, will impact logistics in a big way. ports will compete for customers, especially in 2018 and 2019 when the International Longshoremen’s Association (ILA) and International Longshore and Warehouse Union (ILWU) contracts will be renegotiated.

Supply Chain Planning 34

Supply Chain Planning Panama Scenario Planning Price Reduction 34

Logistics Viewpoints

APRIL 12, 2024

Panama on Wednesday unveiled plans for a “dry canal” to move cargo between the Pacific and Atlantic oceans due to low water levels in its century-old maritime channel. Now 27 ships navigate the Panama Canal each day, compared with 39 previously. And now on to this week’s logistics news. The center will employ 1,500 people.

Price Reduction 226

Price Reduction Cost Reduction Strategies Logistics Network Optimization Software Panama 226

Supply Chain Shaman

DECEMBER 30, 2021

Freight Rates 2019-2021. I also laugh when newscasters quip, “Just move west coast ships through the Panama Canal…” With new locks in 2016, the Panama Canal is able to handle vessels with an overall length of 366 m (1201 feet), 49 meters beam (increased by the Canal Authority effective 1 June 2018 to 51.25

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 195

Supply Chain Brain

MARCH 19, 2018

Even a wider Panama Canal can’t accommodate the largest ships on the water, some with capacity exceeding 20,000 twenty-foot equivalent units (TEUs). And capital spending — the missing component of growth for the past six to eight years — is bouncing back, driving forecasts of 4-5 percent growth in global trade for 2018 and 2019.

Forecasting 40

Forecasting Long Beach Panama Capacity 40

Supply Chain Opz

NOVEMBER 30, 2015

for example, many of the east coast ports have expanded exponentially over the past decade in preparation for the Panama Canal expansion; however, it is unclear whether increased activity in the canal will lead to more business for these ports. In the U.S., In the rail sector, the big issue is capacity.

Rail Software 100

Rail Software Trends Transportation Supply Chain Planning Software 100

Vinculum

JULY 24, 2019

Linio is a Latin American marketplace with presence in 8 countries – Mexico, Panama, Venezuela, Colombia, Ecuador, Peru, Chile, and Argentina. The post List of Top 65 Marketplaces Across the Globe in 2019 appeared first on Vinculum Group. Selling on Linio can help you reach over 300 million customers across Latin America.

Logistics Network Optimization Software 45

Logistics Network Optimization Software Indonesia Brazil Electronics 45

Freightos

APRIL 23, 2024

America rates remain 90% higher than in 2019 to the West Coast and 60% higher to the East Coast at about $3,000/FEU and $4,300/FEU respectively, as Red Sea diversions continue to absorb capacity and make blank sailings rare even during these slow-season months. Likewise, Asia – N.

Iran 177

Iran Asia India Europe 177

Abivin

DECEMBER 5, 2022

In reality, appointment and price systems must be used to control capacity for interoceanic canals like the Panama and Suez. The four most significant interoceanic passes in the globe are the Strait of Hormuz, the Strait of Malacca, the Suez Canal, and the Strait of Panama. Potential for closure or interruption. 1200 feet).

Panama 52

Panama Egypt Asia 52

Material Handling & Logistics

DECEMBER 8, 2017

The Panama Canal Authority promised a dozen daily slots for ships of all stripes to pass through the new lane -- ultimately. So far, the maximum it has been able to handle every 24-hour period is eight; preparations are underway to move that up to 10 or more in 2019. But 17 months in, it’s not quite working out as planned. A Maybe’. “We

Panama 52

Panama Purchasing Skills Just-in-Time Asia 52

Freightos

DECEMBER 13, 2023

Europe remain 8% below 2019 levels, but the sharper climb to the Mediterranean has prices 32% higher than pre-pandemic. Reports of more carriers avoiding the Panama Canal in favor of the longer route around Africa’s southern tip will lead to more surcharges in the coming weeks. With these increases, rates to N.

Negotiating Skills 220

Negotiating Skills Optimal Sourcing Price Reduction 220

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 239

Negotiating Skills Price Reduction Asia 239

Material Handling & Logistics

DECEMBER 8, 2017

The Panama Canal Authority promised a dozen daily slots for ships of all stripes to pass through the new lane -- ultimately. So far, the maximum it has been able to handle every 24-hour period is eight; preparations are underway to move that up to 10 or more in 2019. But 17 months in, it’s not quite working out as planned. A Maybe’. “We

Panama 40

Panama Purchasing Skills Just-in-Time Asia 40

Freightos

NOVEMBER 28, 2023

Europe ocean rates dipped 6% last week to $1,211/FEU and are 17% lower than in 2019. Europe capacity by 21% in November (with a 24% reduction announced so far for December), capacity still remained 11% higher than in 2019, showing that growing fleets and easing demand are combining to challenge rate increase attempts.

Negotiating Skills 193

Negotiating Skills Price Reduction Vendor Strategies 193

Intelligent Audit

JANUARY 3, 2022

The only alternative was to seek passage through the Panama Canal after a transpacific route. It was the most significant closure to strike the industry since Celadon closed its doors in 2019, explained FreightWaves. The ship blocked all transit throughout the Suez Canal for six days in March. ports to a standstill.

Los Angeles 52

Los Angeles Shipping Long Beach Supply Chain Planning Software 52

Intelligent Audit

JANUARY 3, 2022

The only alternative was to seek passage through the Panama Canal after a transpacific route. It was the most significant closure to strike the industry since Celadon closed its doors in 2019, explained FreightWaves. The ship blocked all transit throughout the Suez Canal for six days in March. ports to a standstill.

Los Angeles 52

Los Angeles Shipping Long Beach Supply Chain Planning Software 52

CH Robinson Transportfolio

AUGUST 14, 2019

Thus, going into 2019, with high inventories on imports, carriers have shown more discipline in controlling capacity than ever before. In fact, according to JOC.com , imports from China declined 5% in the first half of 2019. gulf region due to Panama Canal restrictions. Blank sailings. Peak season coast to coast.

Forecasting 34

Forecasting Panama South Korea United States 34

Freight Plus

JANUARY 31, 2019

Harley Davidson projects trade war tariffs will cost company $120M in 2019. The issue stems back to the Panama Canal expansion which has brought cargo to the port at a faster rate than it's scaled. Similarly, the Chinese economy is growing at its slowest pace in years. Truckers protest Baltimore port delay times.

Supply Chain Planning Software 40

Supply Chain Planning Software Baltimore Supply Chain Planning Supply Chain Software 40

Supply Chain Movement

SEPTEMBER 28, 2015

However, Technavio’s analysts now forecast the 3PL market in Europe to grow at a CAGR of 2.87% over the period 2014-2019. Netherlands Antilles. New Caledonia. New Zealand. Norfolk Island. Northern Mariana Islands. Palestinian Territory, Occupied. Papua New Guinea. Philippines. Puerto Rico. Russian Federation. Saint Helena.

Guinea-Bissau 60

Guinea-Bissau 3PL Virgin Islands Papua New Guinea 60

Logistics Viewpoints

APRIL 19, 2024

Amazon has a long way to go, as the company says its operations emitted about 71 million metric tons of carbon dioxide equivalent in 2022, up by almost 40 percent since Jeff Bezos’s 2019 vow that his company would eventually stop contributing to the emissions warming the planet. Logistics companies tell CNBC that U.S.

Logistics Network Optimization Software 195

Logistics Network Optimization Software Logistics Baltimore Canada 195