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September 13, 2023 Update

Freightos

Visit our Resource Center Weekly highlights Ocean rates – Freightos Baltic Index : Asia-US West Coast prices (FBX01 Weekly) decreased 2% to $1,887/FEU. Asia-US East Coast prices (FBX03 Weekly) dipped 1% to $3,048/FEU. Asia-Mediterranean prices (FBX13 Weekly) fell 14% to $2,003/FEU. America weekly prices fell 1% to $1.68/kg.

Asia 296
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September 26, 2023 Update

Freightos

Visit our Resource Center Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) decreased 5% to $1,778/FEU. Asia-US East Coast prices (FBX03 Weekly) fell 8% to $2,650/FEU. Asia-Mediterranean prices (FBX13 Weekly) fell 4% to $1,751/FEU. Freightos Air Index data show Asia – N.

Asia 256
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September 6, 2023 Update

Freightos

Visit our Resource Center Weekly highlights Ocean rates – Freightos Baltic Index : Asia-US West Coast prices (FBX01 Weekly) decreased 5% to $1,927/FEU. Asia-US East Coast prices (FBX03 Weekly) were level at $3,079/FEU. Asia-Mediterranean prices (FBX13 Weekly) increased 1% to $2,338/FEU. Though Asia – N.

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Energy Crisis in Asia and Europe: The Supply Chain Impact

Resilinc

February 2023 saw supply chain struggles continue across Asia and Europe due to dwindling energy supplies, ongoing effects of COVID-19, high inflation, and more. Asia Energy Crisis Currently, both China and Pakistan are suffering a major energy crunch from dwindling energy supplies and high global gas prices.

Asia 62
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October 25, 2023 Update

Freightos

Visit our Resource Center Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) decreased 3% to $1,499/FEU. Asia-US East Coast prices (FBX03 Weekly) fell 4% to $2,141/FEU. Asia-Mediterranean prices (FBX13 Weekly) fell 5% to $1,400/FEU. Asia – N. Europe – N.

Asia 177
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October 4, 2023 Update

Freightos

Visit our Resource Center Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) decreased 5% to $1,687/FEU. Asia-US East Coast prices (FBX03 Weekly) decreased 8% to $2,434/FEU. Asia-Mediterranean prices (FBX13 Weekly) fell 9% to $1,587/FEU. Asia – N.

Asia 177
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Report Indicates Added Foxconn iPhone Production in India

Supply Chain Matters

A report by Nikkei Asia Technology indicates that Apple contract manufacturing services provider Foxconn is planning to incrementally expand iPhone production capacity within India. This facility is further reported to be the equivalent of a $1.54 billion facility, which is massive and implies more than just smartphone assembly.

India 64