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February 7, 2024 Update

Freightos

Judah Levine February 7, 2024 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 7% to $4,367/FEU. America weekly prices increased 14% to $6.06/kg

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This Week in Logistics News (February 4 – 10)

Logistics Viewpoints

And now on to this week’s logistics news. Turkish port “Iskenderun” severely damaged Gap and Ware2Go offer SMB Fulfillment Services McCormick to cut supply chain workforce GM Signs exclusive deal with GlobalFoundries January 2023 Logistics Manager’s Index up 3.0 The Logistics Managers’ Index came in at 57.6 in January, up 3.0

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How Will Climate Change Impact Supply Chains in 2024?

Resilinc

Water shortages burdened Panama Canal shippers with extraordinary delays and cost increases, serving as a reminder to greater consider changing climate and weather patterns in supplier contracting and logistics planning. These conditions could potentially impact supply chain logistics and transportation by sea, air, and land.