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Ahead of the Curve: How Digitalization Helped Air Cargo Amidst Red Sea Shipping Diversions

Freightos

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.

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Flexibility in the Face of Uncertainty

Freightos

With more easily accessible data and bookings, alternatives to, yes, historically alternative routes suddenly become far more viable. In other words, ocean cargo costs would cost about $0.21/kilogram Blog " * " indicates required fields Email * Name This field is for validation purposes and should be left unchanged.

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September 13, 2023 Update

Freightos

This relative stability in September – though these rates, even with elevated volumes, are still partially facilitated by significant capacity restrictions by carriers – could point to the consistency in volumes projected by the NRF and the possibility of a moderate but sustained peak through October. kg since early August.

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What’s going on with global supply chains: A primer for the casual consumer

Freightos

A third of all cargo is carried in passenger planes. So to meet capacity, airlines started to convert passenger planes into cargo planes at scale. When trying to book a specific slot on a container ship (yes, the ones that can handle the equivalent of 20,000 containers), prices have exceeded $16,000 (!). The answer?

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Navigating Ongoing International Transportation Capacity Challenges

Talking Logistics

International transportation is dealing with ongoing challenges of tighter capacity. From import space and export space tightening up and a hot drayage market causing capacity constraints to volatile air freight rates – international transportation has had its share of challenges the last 10-12 months. Drayage Capacity Issues Remain.

Capacity 101
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Navigating Uncharted Waters: SMB Importers, 2024 and Red Sea Crisis Lessons

Freightos

Despite these efforts, to date the attacks continue, pushing most major carriers representing over 60% of global container capacity, to alter their routes. In other words, while demand was dropping, supply of capacity was increasing. In other words, this is a far cry from 2021 and its dramatic capacity shortage.

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Successful Cargo Space Delivery

Freightos

Which is why we’re taking our hats off to SpaceX for delivering 7,000 lbs of cargo to the International Space Station (ISS) this week using a reusable rocket – the Falcon 9. Check out how you might have booked this shipment as a freight quote on Freightos. A Space cargo ship sounds like science fiction.

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