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September 6, 2023 Update

Freightos

Blog " * " indicates required fields Email * More Resources Home September 6, 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.

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Red Sea and Suez Canal Shipping Crisis Update

Freightos

Blog " * " indicates required fields Email * Comments This field is for validation purposes and should be left unchanged. If carriers begin to omit port calls and offload containers at alternate destination ports to keep up, it could contribute to delays for shippers and the possibility of congestion at larger hubs. Rates to N.

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Will the Inflation Reduction Act Reduce Supply Chain Costs?

Intelligent Audit

Its main intention is to curb inflation by reducing the federal deficit, lowering prescription drug prices, and investing in domestic energy production while promoting clean energy. So How Did We End Up With Such High Inflation? This, along with container shortages, drove up ocean freight spot rates and caused sporadic export delays.

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A lesson in Cost Management: UPS Announces Its Highest Operating Margin in 15 Years

Intelligent Audit

FedEx and other carriers can learn a few lessons from UPS, which reported a third quarter with its highest consolidated operating margin in 15 years. This article examines how UPS accomplished this through capacity and cost management. How UPS Achieved Success. of UPS’s total U.S. UPS generated over $1.6

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March 12, 2024 Update

Freightos

Blog " * " indicates required fields Email * Comments This field is for validation purposes and should be left unchanged. American ocean rates are down 10% from their peak, with Asia – N. Europe prices 22% lower and Asia – Asia-Mediterranean rates 34% below their high in late January. Europe – N.

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February 28, 2024 Update

Freightos

Blog " * " indicates required fields Email * Phone This field is for validation purposes and should be left unchanged. Ocean rates were stable overall last week over the tail end of the Lunar New Year holiday period, and the Red Sea diversions are keeping prices elevated though they have begun to come down from their peaks.

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January 3, 2024 Update

Freightos

Blog " * " indicates required fields Email * Email This field is for validation purposes and should be left unchanged. Carriers have also announced surcharges ranging from $500 to as much as $2,700 per container which could push the all-in prices paid by shippers even higher. America East Coast peak of $22k/FEU.