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

Freightos

Schedules were quickly disrupted and capacity shifted to China – Europe and North America lanes to accommodate the longer voyages. Since January, the ocean freight shakeup has pushed many shippers to the air. These carriers saw bookings increase more than 50% month-on-month as demand surged. That reached air cargo quickly.

Cargo 217
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Demystifying Freight Shipping From China

ShipBob

In today’s hyper-connected world, freight forwarding can seem like a lone holdout. Our ability to ship, store, and trade goods remains fragmented — and key logistics data remains siloed. But how exactly does a factory in China stopping production lead to a backup of containers at U.S.

China 98
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Flexibility in the Face of Uncertainty

Freightos

Most recently, the recent disruptions in the Red Sea that saw ocean freight rates from China to Europe by over 190% and saw transit times lengthen, sea-air services offered a strategic advantage for logistics professionals able to remain agile, by watching trends and jumping at opportunities to ensure a resilient supply chain.

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September 13, 2023 Update

Freightos

More Resources Home September 13, 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. Air rates – Freightos Air index China – N.

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Using AI to Gain a Competitive Advantage with Matt Parry & Kevin Coomes

The Logistics of Logistics

Kevin is the Chief Revenue Officer (CRO) at Greenscreens.ai , a pricing platform specifically tailored for the truckload spot freight market. His expertise extends across a diverse range of industries, including healthcare, energy efficiency, logistics, and technology applications. logistics market. and Revenova, LLC.

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Doing Our Part To Help Logistics Companies Adapt to COVID-19

Freightos

In 2019, digital freight isn’t a vision; it’s a reality. Land travel restrictions in Asia extended Chinese New Year, dropping ocean freight demand, which, just weeks later, spiked when the shutdown ended. FBX 01 (China – US West Coast) over the last three months of COVID-19. Ports open and close.

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Are Ocean Freight Prices Absolutely Broken?

Freightos

And the lack of demand visibility is a big contributor to China-US ocean freight rates doubling to the West Coast since June, and passing $4,000/FEU to the East Coast – which was surprising as most analysts thought that rates and profits would freefall. Is ocean freight pricing broken? Was it profiteering? It worked. .