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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.

Asia 62
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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. Europe prices (FBX11 Weekly) were level at $1,744/FEU. Europe weekly prices increased 5% to $3.05/kg.

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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. Europe prices (FBX11 Weekly) fell 34% to $996/FEU. Europe weekly prices increased 7% to $3.70/kg.

Asia 250
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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. Europe prices (FBX11 Weekly) fell 8% to $1,608/FEU. Europe weekly prices increased 1% to $3.07/kg.

Asia 290
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Ahead of the Curve: How Digitalization Helped Air Cargo Amidst Red Sea Shipping Diversions

Freightos

Schedules were quickly disrupted and capacity shifted to China – Europe and North America lanes to accommodate the longer voyages. Asia air cargo rates increased 43% to N. America and 67% to Europe as Red Sea disruptions pushed demand for air cargo. She’s also held executive positions at Optimix Asia and Digital River.

Cargo 217
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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. Europe prices (FBX11 Weekly) increased 3% to $978/FEU. Europe weekly prices increased 4% to $3.86/kg.

Asia 177
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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. Europe prices (FBX11 Weekly) ticked up 2% to $1,020/FEU. Europe weekly prices increased 6% to $3.94/kg.

Asia 177