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Ocean Market News 2025 by Baylie Zhang Digital Media Manager, Marketing Asia Pacific As we move into the second half of 2025, global trade remains shaped by shifting tariff landscapes, and geopolitical developments. According to AAPA, air cargo demand in Asia-Pacific rose 4.9% Maersk Middle East situation update.
Other sub-groups of LSCMS include LogiSYM, a leading event platform in the Asia region for the dissemination and sharing of trends and best practices in logistics, and the CargoNOW industry news website and magazine. Shippers Council meeting at LogiSYM Asia Pacific 2024 in Singapore.
Home Container rates surging as shippers rush ahead of deadlines – June 10, 2025 Update The Freightos Weekly Update keeps you informed on international freight with key economic data, demand trends, and rate insights. Asia-Mediterranean prices (FBX13 Weekly) increased 32% to $4,285/FEU. America weekly prices fell 1% to $5.27/kg.
But with alternative routes and plenty of excess capacity available, operations should continue reasonably well, and freight rates are unlikely to spike to extreme highs. 18th, 2023, Source: Marinetraffic Since mid-November multiple ships have been attacked in the Red Sea by Houthi forces in Yemen.
Exploring alternative shipping routes via Gulf Coast ports to bypass land border congestion. Major tech firms are shifting chip production to Taiwan, South Korea, and Southeast Asia to reduce dependence on China. Fast-tracking partnerships with alternative logistics providers to bypass Chinese ports and avoid tariffed shipping routes.
More Resources Home Ahead of the Curve: How Digitalization Helped Air Cargo Amidst Red Sea Shipping Diversions Joyce Tai April 2, 2024 If there’s one lingering lesson from the supply chain crisis of COVID, it’s that digitization can help organizations navigate crises…but that digitization can’t be put in place DURING that same crisis.
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.
More Resources Home November 21, 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. Europe prices (FBX11 Weekly) decreased 7% to $1,291/FEU.
Richard Perry and Joe Lynch and discuss the importance of freight bill audit. Richard is Vice President of Strategic Accounts at Intelligent Audit , a cutting-edge logistics and supply chain technology company, dedicated to revolutionizing how businesses manage their shipping and transportation processes.
NYSE: ETWO), the connected supply chain SaaS platform with the largest multi-enterprise network, has published the latest edition of its Ocean Shipping Index, a quarterly benchmark report that provides insight for decision-making around global ocean shipments. 31, 2025 – E2open Parent Holdings, Inc.
billion rate data points monthly to provide the most comprehensive view of the market, helping you identify savings opportunities and make data-driven decisions. million+ transactions annually This network effect means better visibility, more competitive rates, and unparalleled connectivity across the global logistics landscape.
The Red Sea crisis demonstrated how quickly shipping routes can be compromised, forcing immediate rerouting decisions. When a single tweet can change tariffs on global trading partners, or when conflict in the Middle East impacts shipping lanes, logistics teams need comprehensive visibility and control, not in weeks or days, but in hours.
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.
About half the products we buy in stores are imported, which means they not only went through a complex shipping process, but also had to be cleared through customs before they could be sold to us. . Freightos.com already makes international shipping easy. Clearing customs is a painful process – the U.S. And why stop there?
Shipping containers are like scotch. . But decisions about how many barrels to produce or how many ships to sail have to be made in advance. Is ocean freight pricing broken? As ocean carriers were just signing checks to build massive ships, the global financial crises hit and shipment volumes sunk like a Led Zeppelin.
But decisions about how many barrels to produce or how many ships to sail have to be made in advance. Is ocean freight pricing broken? As ocean carriers were just signing checks to build massive ships, the global financial crises hit and shipment volumes sunk like a Led Zeppelin. Was it profiteering? And it can be fixed.
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.
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. What’s changed in a year?
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.
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). In addition to Cosco, global ocean carriers Mediterranean Shipping Co. 1 in trade with the U.S.
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.
To thrive in this world, companies must make shipping cost-effective. Multi carrier shipping allows your company to become carrier-independent. The best multi-carrier solutions include more than just parcel shipping. Instead, you can choose between parcel, freight, courier or LTL shipping as needed.
When it comes to ocean freight, it can be easy to observe the competitive nature of shipping rates, service loops and trade lanes and label it market share dog-eat-dog. Shipping alliances are an essential facet of international logistics, promoting efficiency in a complex global trade environment. Astro-logistics!
As a disclaimer, WebCargo , a Freightos Group company, does offers digital services to global forwarders and carriers, including online sales portals, digital eBooking, multimodal rate management and the Freightos.com freight marketplace. . The Post-2016 Strategy: End-to-end Shipping. The Freight Game of Thrones.
by Martin You – Sales Director for Asia Pacific at E2open. As of January 1, 2022, it was taking a company an average of 73 days to deliver goods to truck or rail carriers after booking with an ocean carrier and completing the cross-ocean journey, according to E2open’s Ocean Shipping Index. About the Author.
Founded in 1992 in Baltimore, ICAT Logistics has expanded across the United States and Europe, specializing in handling unusual, high-value, and oversized freight that often falls outside the scope of standard containerized shipping. In his off hours, Chris is a sports enthusiast who enjoys cooking.
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.
However, freightshipping is the one activity that presents significant barriers to overseas-market entry, as you may have discovered if your business is starting to look across international borders for its next step in expansion. Container Shipping Can be Tough for SMEs. Challenge #1: High Costs and Confusing Pricing.
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.
Erez Agmoni is the Senior VP of Innovation & Strategic Growth for Maersk, the largest shipping company in the world. After many years working in Israel, Asia, and Latin America, Erez is now based in New Jersey, USA. About Erez Agmoni. Dr. Erez Agmoni is the Senior VP of Innovation & Strategic Growth for Maersk in North America.
As consumer spending fell, the days of escalating ocean freight and extreme shipping variability eased this year. In the spring of 2022, Asia/US ocean container rates resumed pre-pandemic levels and congestion eased in November 2022 into California ports. The ride is uphill, but the visibility is low. What is normalcy?
The Number of Direct-To-Consumer Shipments Will Increase Another consideration in the top 2019 logistics trends will go back to the use of drop shipping and shipments sent from warehouses directly to consumers. It is important to note that a difference exists between dropshipping and shipping direct-to-consumer. DOWNLOAD WHITE PAPER.
Costco is renting 3 container ships and ‘several thousand containers’ Amazon ends free Prime delivery for Whole Foods deliveries. Even with a labor shortage, large retailers are gearing up for the holiday season by bringing in hundreds of thousands of employees ahead of the shopping and shipping surge.
From the “long shot but worth a try” files, Bed Bath & Beyond is seeking tens of millions of dollars from container shipping lines, claiming the carriers willfully abandoned service commitments at the height of supply-chain turbulence to reap enormous profits from the market turmoil.
Ocean Risk Management part 2: Navigating Global Shipping Alliance The shipping industry continues to evolve. In this article, we explore the pros and cons of the alliance model in the shipping industry, compare the solo strategy versus alliance strategy, and provide tips on how shippers can prepare for market swings.
September’s Flagging Ocean Freight Rates. I spent last week traveling around Asia (6 cities in 6 days!) This far into peak season , carriers typically hike prices up, driven by the shipping bottleneck caused by China’s Golden Week shutdown, which is just around the corner. The Peak Season Surcharge That Wasn’t.
International shipping though is a year round occupation and in the case of many coastal areas around the world – this causes conflict between industry and nature. The same Santa Barbara Channel where I went whale watching is also a primary shipping lane for container and other ships from Asia to reach the West Coast of the U.S.
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.
In his role Peter leads The Journal of Commerce, the historic New York City maritime newspaper founded in 1827, today a team of specialized business journalists focused on the end-to-end international shipping supply chain including shipping, ports, airfreight, trucking, rail and home delivery, addressed to the needs of shippers.
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.
Amazon shipped last-minute Christmas gifts faster in 2023 than in 2022, according to data from analyst firm Momentum Commerce. products on the platform warned it would ship after Christmas. products on the platform warned it would ship after Christmas. DHL Group does not operate ships but it uses them to transport containers.
In this particular video, the company offers a seemingly simple but sturdy method to ship a suit jacket wrinkle-free! Beyond trucks, ships and all other hardware, logistics can be seen as a solutions services industry. Is your freight invoice accurate? LSPs can design and propose a “package recovery” product for their clients.
Elaine Low, managing director for Southeast Asia and Pacific, CEVA Logistics said, ‘‘ At CEVA Logistics, we believe our global presence gives us a great responsibility in the communities in which our employees live and work. Making Asia a Leader – One Green Initiative at a Time. Using Technology to build Sustainable Supply Chains.
But more than half of their shipments – including a significant portion that begin at factories in Asia – travel across oceans or continents These long-distance shipments go by ocean, air, or rail. There was no air freight possible then into Europe,” added Gerald van den Eijnden. But they were very basic.
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