Freightos

SEPTEMBER 26, 2023

More Resources Home September 26, 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. Freightos Air Index data show Asia – N.

Asia 315

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Freightos

SEPTEMBER 6, 2023

Blog " * " indicates required fields Email * More Resources Home September 6, 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.

Negotiating Skills 295

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Freightos

APRIL 29, 2025

More concerning, we found that manual processes have an average error rate of 4-6%, which may seem small until you consider the impact on a $50M+ freight spend. The Freightos Baltic Index (FBX) has become the industry standard for container freight rate tracking, providing transparency in a historically opaque market.

Supply Chain Design Software 227

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Freightos

AUGUST 6, 2024

More Resources Home August 6, 2024 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. Asia-US East Coast prices (FBX03 Weekly) fell 2% to $9,661/FEU.

Asia 274

Asia Europe China Bangladesh 274

Freightos

SEPTEMBER 10, 2024

Blog More Resources Home September 10, 2024 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. Europe prices (FBX11 Weekly) fell 13% to $6,787/FEU.

Negotiating Skills 263

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The Logistics of Logistics

AUGUST 21, 2023

Richard Perry and Joe Lynch and discuss the importance of freight bill audit. With extensive expertise in parcel and freight bill auditing, payment, business intelligence, and associated technologies, he offers valuable insights to the supply chain industry. Episode Sponsor: Greenscreens.ai The Greenscreens.ai

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Freightos

APRIL 29, 2025

Home Meet Freightos Procure: The Next Evolution of SHIPSTA Freightos Procure rebrands SHIPSTA, enhancing procurement with market intelligence and seamless booking within the Freightos Enterprise suite, empowering shippers to manage the entire freight lifecycle efficiently. Leadership Perspective We’re not just changing a name.

Optimal Sourcing 156

Optimal Sourcing Procurement Meeting Sourcing Strategies 156

Freightos

FEBRUARY 25, 2020

For example, we are helping importers turn on a dime and find shipping routes from South East Asia, while China is partly closed by the coronavirus. In addition to express courier shipping, Fedex added road freight, air and ocean freight forwarding, and customs brokering. Freightos.com already makes international shipping easy.

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Freightos

APRIL 23, 2025

billion rate data points monthly to provide the most comprehensive view of the market, helping you identify savings opportunities and make data-driven decisions. billion rate data points monthly to provide the most comprehensive view of the market, helping you identify savings opportunities and make data-driven decisions.

Optimal Sourcing 156

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The Logistics & Supply Chain Management Society

MAY 21, 2021

A panel moderated by Miklos Horvath, Director of The European Freight and Logistics Leaders’ Forum and Co-moderated by Philip Evans, Secretary-General of The European Freight and Logistics Leaders’ Forum. In association with The European Freight and Logistics Leaders’ Forum (F&L). <<Back

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Logistics Viewpoints

APRIL 10, 2025

In one case, a consumer electronics manufacturer used AI to reoptimize its supplier base in response to U.S.China trade tensions, proactively shifting production to Southeast Asia and reducing potential cost impacts by double digits. These adjustments are not theoretical. Theyre operational decisions grounded in recent experience.

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Freightos

APRIL 2, 2024

Since January, the ocean freight shakeup has pushed many shippers to the air. Asia air cargo rates increased 43% to N. The Digital Impact All airlines on the WebCargo platform provide digitized, real-time rates reflecting available capacity on specific flights that freight forwarders can then view and book instantly.

Cargo 291

Cargo Real-time Visibility India Shipping 291

Freightos

SEPTEMBER 8, 2020

And the lack of demand visibility is a big contributor to China-US ocean freight rates doubling to the West Coast since June, and passing $4,000/FEU to the East Coast – which was surprising as most analysts thought that rates and profits would freefall. Is ocean freight pricing broken? Was it profiteering?

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The Logistics & Supply Chain Management Society

OCTOBER 14, 2021

Also in road freight vehicles, battery-electric or hydrogen-powered drivetrains are close to market launch. First, we take the carrier perspective and analyze which fuel efficiency measures are known about and implemented in the road freight sector. The situation is even worse for the smaller carriers making up most of the market.

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The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

And the lack of demand visibility is a big contributor to China-US ocean freight rates doubling to the West Coast since June, and passing USD4,000/FEU to the East Coast – which was surprising as most analysts thought that rates and profits would freefall. Is ocean freight pricing broken? Are Ocean Freight Prices Absolutely Broken?

Purchasing Skills 217

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Freightos

DECEMBER 2, 2021

You might not think about shipping containers and ocean freight when you click “buy” on your Amazon order, but there’s a direct connection between the two. However, since buying goods manufactured primarily in Asia increased so significantly, demand quickly outpaced supply. When ocean container rates spike, so do the prices we pay.

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Freightos

DECEMBER 20, 2022

The sheer influx in demand, combined with the variety of supply chain stressors, also catapulted global freight to new levels of infamy (although none perhaps as famous as the Suez Canal blockage). Freight rates as a forward looking indicator of CPI. Let’s start by taking a look at global ocean freight prices.

Purchasing Skills 156

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Logistics Viewpoints

DECEMBER 6, 2021

However, at its heart, production in the Asia-Pacific region was severely curtailed for a period of time for issues ranging from the COVID impact on worksites to energy shortages, to port capacity limits. And with these increased prices, you see potential profits for logistics service providers and freight cost pressures for importers.

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Freightos

JULY 9, 2024

More Resources Home July 9, 2024 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. Asia-US East Coast prices(FBX03 Weekly) climbed 6% to $8,787/FEU.

Asia 177

Asia Europe America China 177

Supply Chain Shaman

FEBRUARY 18, 2021

With the contraction of air capacity and the unprecedented level of imports to the United States from Asia, logistics constraints grew in importance in the pandemic. With the rising costs of accessorial charges as the freight sat on the dock, moving freight by ocean container grew more problematic. Next Steps.

Supply Chain Planning Software 355

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Freightos

APRIL 29, 2025

Home Meet Freightos Procure: The Next Evolution of SHIPSTA Freightos Procure rebrands SHIPSTA, enhancing procurement with market intelligence and seamless booking within the Freightos Enterprise suite, empowering shippers to manage the entire freight lifecycle efficiently. Leadership Perspective We’re not just changing a name.

Optimal Sourcing 250

Optimal Sourcing Procurement Meeting Sourcing Strategies 250

Freightos

OCTOBER 4, 2023

More Resources Home October 4, 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. Judah Levine October 4, 2023 Unbox your Freight knowledge.

Asia 177

Asia Europe America Cargo 177

Freightos

OCTOBER 25, 2023

More Resources Home October 25, 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. Judah Levine October 25, 2023 Unbox your Freight knowledge.

Asia 177

Asia Europe Price Reduction Freight 177

Freightos

APRIL 6, 2020

In 2019, digital freight isn’t a vision; it’s a reality. Land travel restrictions in Asia extended Chinese New Year, dropping ocean freight demand, which, just weeks later, spiked when the shutdown ended. Email responses are obsolete in just minutes and only digital solutions can keep essential freight moving.

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Freightos

SEPTEMBER 20, 2023

More Resources Home September 20, 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. Asia – N. kg China – N. Europe – N.

Price Reduction 177

Price Reduction Resource Reduction Asia Cost Reduction Strategies 177

Logistics Viewpoints

MAY 10, 2024

Each has the capacity to receive general merchandise items from suppliers in smaller freight loads, known in the industry as less-than-truckload (LTL), and consolidate them into larger freight loads known as truckloads (TL). The top five imports from Mexico to the U.S. in March were passenger vehicles ($4.2 billion), auto parts ($3.2

Logistics Network Optimization Software 290

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E2open

JANUARY 19, 2023

Latest report highlights how lessened demand for goods from Asia has continued to reduce port congestion, resulting in an average eight-day decrease in total time from booking to receipt compared to the year-ago period. Companies can use this data to make informed decisions on when to book ocean freight.

Logistics Network Optimization Software 148

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The Logistics & Supply Chain Management Society

APRIL 26, 2022

by Martin You – Sales Director for Asia Pacific at E2open. More specifically, it took 83 days for container transport from Europe to Asia, and 88 days from North America to Asia. In fact, global freight rates have increased tenfold since the start of the pandemic. About the Author.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 246

Freightos

OCTOBER 11, 2023

More Resources Home October 11, 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. Judah Levine October 11, 2023 Unbox your Freight knowledge.

Israel 156

Israel Asia Europe Price Reduction 156

The Logistics & Supply Chain Management Society

MAY 28, 2022

For instance, Maersk and CMA CGM are building end-to-end logistics capability chains, while over USD 6bn was invested by VC investors in freight marketplaces alone through 2019. Asia rising and connected regional platforms. The rise of Asia has contributed to today’s geopolitical tensions and misalignment.

Supply Chain Design Software 52

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Freightos

OCTOBER 17, 2023

More Resources Home October 17, 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. Judah Levine October 17, 2023 Unbox your Freight knowledge.

Israel 156

Israel Asia Europe Cargo 156

Freightos

OCTOBER 31, 2023

More Resources Home October 31, 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. Judah Levine October 31, 2023 Unbox your Freight knowledge.

Price Reduction 156

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Logistics Viewpoints

MAY 5, 2023

million in extra freight charges, along with additional costs and lost profits. Nearly three quarters (73%) of economists surveyed as part of the World Economic Forum (WEF) Chief Economic Costs Outlook for May 2023 believed that south Asia – especially India – would benefit from recent turbulence in the global economy.

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The Logistics & Supply Chain Management Society

DECEMBER 21, 2021

Electric vehicles (EVs) are already used as taxis in many large cities in Asia, but expect 2022 to be a year of much market growth. Replacing gas-guzzling, toxic fume-spewing, ear-splitting buses with quiet and clean buses would provide huge benefits to people all over Asia. TRANSPORTATION. Courier Fleets. Solar panels.

Material Savings 246

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Logistics Viewpoints

JULY 26, 2024

and global ports, with highly complex air freight systems suffering the heaviest hit, as global airlines grounded flights. and global ports, with highly complex air freight systems suffering the heaviest hit, as global airlines grounded flights. And now on to this week’s logistics news.

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Freightos

APRIL 29, 2025

East Asia – April 29, 2025 Update The Freightos Weekly Update keeps you informed on international freight with key economic data, demand trends, and rate insights. April 29, 2025 Blog Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) fell 1% to $2,328/FEU.

Asia 156

Asia China Negotiating Skills Demand Planning Software 156

Freightos

JULY 22, 2021

Global freight, typically a behind the scenes actor that moves everything we eat, wear and use by air and ocean, may be a major culprit in rampant inflation. . Global Freight’s Contribution to Inflation. And even if you weren’t building a house, you likely felt the same problem echoed across patio furniture, gym gear, and more.

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