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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? So where does this leave us?

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Are Ocean Freight Prices Absolutely Broken?

The Logistics & Supply Chain Management Society

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 USD4,000/FEU to the East Coast – which was surprising as most analysts thought that rates and profits would freefall. Is ocean freight pricing broken? Are Ocean Freight Prices Absolutely Broken?

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Freight Classification Errors, Re-Weighs, & Other Common Freight Adjustments Are Eating Your Bottom Line’s Lunch

GlobalTranz

Shippers are often challenged when dealing with the freight classification system from the National Motor Freight Classifications (NMFC) book, the code numbers assigned to all products that determine the correct freight class for shipments. A Brief on Freight Classification.

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This Week in Logistics News (February 3 – 9)

Logistics Viewpoints

In a strange twist, all the parking spaces for private planes in Las Vegas are currently booked, according to the Associated Press. The industry added jobs at a time when logistics companies have been coping with a faltering freight market for the past 20 months. Bank Freight Payment Index. Bureau of Labor Statistics.

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Top Freight Blogs of 2016… So Far

GlobalTranz

We will feature our 5 main categories all week: Logistics , Manufacturing , Supply Chain , Transportation , and Freight. 5 Most Popular Freight Blog Posts of 2016.So We display the most popular freight blog posts in the order of #5 to #1. 9 KPIs to Track for Proper Freight Management. We hope you enjoy!

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A Crash Course on Navigating Trends in Trucking and Freight for 2018

GlobalTranz

Although this sounds great for most industries, it represents a major problem for the freight trucking industry. Freight Forwarding Will Undergo Digital Transformation. Freight forwarders will have great opportunities in 2018 to take advantage of the increased demand on shippers. Freight and Trucking Rates Will Evolve.

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In a Turbulent Freight Shipping Market, our Experts Answer your 7 Top Questions

CH Robinson Transportfolio

webinar of 2021, my colleagues and I provided analysis on today’s leading freight shipping topics, including the potential impact of the U.S. We answered questions live, but there were many great freight shipping questions submitted that we didn’t have time to address. infrastructure bill, the status of the U.S.