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Freight Cost Volatility Impacts on Inflation – An Analysis

Freightos

After fairly stable pricing in the early months of COVID’s supply chain journey , the indicative spot rate to ship a forty foot container from China and East Asia to the US West Coast increased 14X from less than $1,500 per container pre-COVID to more than $20,000 in September 2021. Between May and September of 2021 alone rates tripled.

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September 6, 2023 Update

Freightos

Visit our Resource Center Weekly highlights Ocean rates – Freightos Baltic Index : Asia-US West Coast prices (FBX01 Weekly) decreased 5% to $1,927/FEU. Asia-US East Coast prices (FBX03 Weekly) were level at $3,079/FEU. Asia-Mediterranean prices (FBX13 Weekly) increased 1% to $2,338/FEU. Though Asia – N.

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September 26, 2023 Update

Freightos

Visit our Resource Center Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) decreased 5% to $1,778/FEU. Asia-US East Coast prices (FBX03 Weekly) fell 8% to $2,650/FEU. Asia-Mediterranean prices (FBX13 Weekly) fell 4% to $1,751/FEU. Freightos Air Index data show Asia – N.

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September 13, 2023 Update

Freightos

Visit our Resource Center Weekly highlights Ocean rates – Freightos Baltic Index : Asia-US West Coast prices (FBX01 Weekly) decreased 2% to $1,887/FEU. Asia-US East Coast prices (FBX03 Weekly) dipped 1% to $3,048/FEU. Asia-Mediterranean prices (FBX13 Weekly) fell 14% to $2,003/FEU. Europe – N.

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Energy Crisis in Asia and Europe: The Supply Chain Impact

Resilinc

February 2023 saw supply chain struggles continue across Asia and Europe due to dwindling energy supplies, ongoing effects of COVID-19, high inflation, and more. Asia Energy Crisis Currently, both China and Pakistan are suffering a major energy crunch from dwindling energy supplies and high global gas prices.

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October 4, 2023 Update

Freightos

Visit our Resource Center Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) decreased 5% to $1,687/FEU. Asia-US East Coast prices (FBX03 Weekly) decreased 8% to $2,434/FEU. Asia-Mediterranean prices (FBX13 Weekly) fell 9% to $1,587/FEU. Asia – N.

Asia 177
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October 25, 2023 Update

Freightos

Visit our Resource Center Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) decreased 3% to $1,499/FEU. Asia-US East Coast prices (FBX03 Weekly) fell 4% to $2,141/FEU. Asia-Mediterranean prices (FBX13 Weekly) fell 5% to $1,400/FEU. Asia – N. 07% compared to August.

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