article thumbnail

April 2, 2024 Update

Freightos

Judah Levine April 2, 2024 Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) fell 3% to $3,628/FEU. Asia-US East Coast prices(FBX03 Weekly) were level at $5,291/FEU. Asia-Mediterranean prices(FBX13 Weekly) increased 17% to $5,307/FEU. Asia in March, where rates hit $5.25/kg

Baltimore 268
article thumbnail

April 9, 2024 Update

Freightos

Judah Levine April 9, 2024 Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) fell 9% to $3,294/FEU. Asia-US East Coast prices (FBX03 Weekly) fell 19% to $4,309/FEU. Asia-Mediterranean prices (FBX13 Weekly) fell 19% to $4,316/FEU. Ocean rates from Asia to N. Prices to N.

Baltimore 281
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

March 27, 2024 Update

Freightos

Judah Levine Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) fell 12% to $3,728/FEU. Asia-US East Coast prices(FBX03 Weekly) fell 10% to $5,284/FEU. Asia-Mediterranean prices(FBX13 Weekly) increased 9% to $4,532/FEU. Europe prices(FBX11 Weekly) fell 18% to $3,189/FEU.

Baltimore 277
article thumbnail

Continued Disruption and Added Cost Inflation Reflected in Key Global Transportation and Logistics Indices in March and Q1 2022

Supply Chain Matters

The World Container Index , assessed by Drewy Consultants, is a compilation of eight major shipping routes to and from the United States , Europe and Asia. Data published at the end of March indicates that for movement of ocean container shipping transit from Asia to North America , the average time had declined to 108 days, upwards of 15.4

article thumbnail

Supply Chain Matters News Capsule Follow-Up- August 17 2022

Supply Chain Matters

Foxconn and Asia Market Forecasters Provide Muted Outlook on High Tech Product Demand. Foxconn and Asia Market Forecasters Provide Muted Outlook on High Tech Product Demand. Nomura reportedly indicated in its latest research note that Asia shipments may have reached a critical inflection point.

article thumbnail

Ready For the Next Port Crisis?

Talking Logistics

ports lags those in Asia and Europe. In 2013, the average moves per-vessel, per-hour for ports in Asia was about 90, while European ports averaged 67 and ports in the Americas averaged 62. Productivity at U.S. The bottom line for all U.S.

article thumbnail

The Panama Canal Expansion: Time Versus Cost Trade-Off

CH Robinson Transportfolio

The Panama Canal expands in 2016, allowing for more and larger (post-Panamax) ships to make the passage from East Asia to the United States. We also looked at other scenarios: potential shifts in manufacturing to Southeast Asia, some shipping through the Suez Canal rather than the Panama Canal, a weak U.S.

Panama 34