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December 19, 2023 Update

Freightos

More Resources Home December 19, 2023 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. America weekly prices were level at $5.86/kg

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COP26: 5Zs that changed the world

The Logistics & Supply Chain Management Society

15 countries, Austria, Canada, Chile, Denmark, Finland, Luxembourg, The Netherlands, New Zealand, Norway, Scotland, Switzerland, Turkey, the United Kingdom, Uruguay and Wales declared that they will collaborate towards realizing 100 percent zero emission new trucks and bus sales by 2040.

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China Exports Rebound Even as Western Markets Face Lockdown

Logistics Bureau

The huge build-up of containers at China’s docks has created a major ocean freight imbalance, with a shortage of cargo in US and European ports and a shortfall in boxes needed by Western exporters to ship products to other parts of the world. Ocean Freight. Air Freight. Ocean Freight. Air Freight.

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The Great Maersk Shift

Freightos

As a disclaimer, WebCargo , a Freightos Group company, does offers digital services to global forwarders and carriers, including online sales portals, digital eBooking, multimodal rate management and the Freightos.com freight marketplace. . The Freight Game of Thrones. The Maersk Shift: Where it started.

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Freight Market Snapshot: Houthi Attacks in Red Sea and Suez Canal News Updates

Freightos

But with alternative routes and plenty of excess capacity available, operations should continue reasonably well, and freight rates are unlikely to spike to extreme highs. With the other major carriers also rerouting now, it is likely freight rates will rise for Asia – N. Shipping through the Suez Canal will take more time.

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Top 8 Industries Affected by The Red Sea Crisis in January 2024

Resilinc

If the attacks continue, this crisis could trigger inflation due to higher global freight and insurance rates, along with supply chain disruptions. #5 Increased Shipping Rates from Red Sea Crisis The Red Sea crisis is expected to keep freight rates elevated through at least February.​

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3PL Subway 2015: Strategic movements among logistics providers

Supply Chain Movement

The Japanese freight mover Kintetsu World Express has expanded recently outside its home market with the acquisition of APL Logistics, which has a strong base in America and Europe. Mozambique. Netherlands. Netherlands Antilles. New Caledonia. New Zealand. Norfolk Island. Northern Mariana Islands. Palestinian Territory, Occupied.