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March 6, 2024 Update

Freightos

More Resources Home March 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 1% to $6,652/FEU.

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

Resilinc

Major automakers such as Toyota, Hyundai, and Kia are experiencing significant delays due to rerouted vessels, with up to 21 extra days added to trips between Asia and Europe. Telsa has also announced plans to pause production in Berlin, Germany as a result of the Red Sea attacks. Similarly, rates from North Asia to the U.S.

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Air Freight Explained: Calculating Costs and Price Trends

Freightos

International Air Freight Shipping: Definition. While 90% of everything is shipped by ocean, air connects the world faster, cutting China-US freight shipping time from 20-30 days by ocean to only 3 days by air cargo. International air freight and express freight shipments are not the same thing.

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2020 Trends in Freight Transportation, and the COVID-19 Impact

Logistics Bureau

Now the entire freight transportation industry, across air, ocean, road, and rail sectors, is awash with disrupted expectations and has retreated into survival mode. Let’s take a look then, at each sector in turn, starting with air freight. Air Freight Transportation Trends 2020. The Freight Rate Roller Coaster.

Freight 64
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Green Corridor: Pace and Resolve Needed to Help Reach Sustainability Goals

The Logistics & Supply Chain Management Society

As air cargo rates reduce, indicating a return of freight capacity, but could this also signal a massive carbon emission increase? In a recent report published by the Kuehne Logistics University in Hamburg, Germany, 90 senior executives were asked how their businesses were working to improve the environment by cutting carbon emissions.

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LogiSYM Asia Pacific 2021: Day 1 | Track 1 | Is Sustainability a Tool for Building Resilience in a Fast Changing World?

The Logistics & Supply Chain Management Society

A panel moderated by Philip Evans, Secretary General of The European Freight and Logistics Leaders’ Forum. Panellists: Prof Alan Mckinnon, Professor of Logistics at Kuehne Logistics University Germany. In association with The European Freight and Logistics Leaders’ Forum (F&L). <<Back

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Resilinc’s Q1 2023 Supply Chain Disruption Data

Resilinc

In recent weeks, airport strikes have hit France, Portugal, Britain, and Germany causing major delays. On February 17, more than 1300 flights were canceled by Lufthansa Group in Germany due to strikes. Key industries impacted by the 216 reported recalls are BioPharma, Life Sciences, Healthcare, Automotive, Freight, and Transportation.