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February 7, 2024 Update

Freightos

Judah Levine February 7, 2024 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 7% to $4,367/FEU. Asia-US East Coast prices (FBX03 Weekly) increased 4% to $6,373/FEU.

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Doing Business in Turkey

QAD

The country is located in southeastern Europe and southwestern Asia. Its primary export partners were Germany, the UK, the UAE, Iraq, the US, Italy, France and Spain. Since its founding, Turkey has dealt with instability and military coups, although each time, the country returns to democracy. Manufacturing in Turkey. billion in goods.

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Panama Canal Expansion Equals Trade Expansion

APICS

The Seven Wonders of the Ancient World include The Great Pyramid of Giza in Egypt, the Temple of Artemis at Ephesus in Turkey, and the Hanging Gardens of Babylon in Iraq. The canal accommodates about one-third of Asia-to-Americas trade but required infrastructure upgrades to keep up with the latest shipping trends.

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How Will Climate Change Impact Supply Chains in 2024?

Resilinc

While the system often brings heavy rainfall to the Southern US and Mexico, this can result in drought in other regions such as Australia, Indonesia, parts of southern Asia, and Central and West Africa. These conditions could potentially impact supply chain logistics and transportation by sea, air, and land.

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April 16, 2024 Update

Freightos

Judah Levine April 16, 2024 Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) were level at $3,288/FEU. Asia-US East Coast prices(FBX03 Weekly) fell 1% to $4,276/FEU. Asia-Mediterranean prices(FBX13 Weekly) increased 3% to $4,436/FEU. Asia and the Middle East.

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Interoceanic Passages

Abivin

These routes are typically found connecting important marketplaces with active commercial trade systems, such as Western Europe, North America, and East Asia. It serves as a detour for ships traveling between ports in Europe, America, and ports in southern Asia, eastern Africa, and Oceania.

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