Freightos

SEPTEMBER 6, 2023

Europe prices (FBX11 Weekly) were level at $1,744/FEU. Europe weekly prices increased 5% to $3.05/kg. Europe – N. Europe rates were stable last week, daily rates this week have declined about 7%. Asia-US East Coast prices (FBX03 Weekly) were level at $3,079/FEU. Air rates – Freightos Air index China – N.

Negotiating Skills 245

Negotiating Skills Asia Price Reduction Europe 245

Freightos

SEPTEMBER 20, 2023

Europe prices (FBX11 Weekly) fell 6% to $1,517/FEU. Europe weekly prices increased 13% to $3.46/kg. Europe – N. Europe rates fell 6% last week and look to be continuing their slide this week. compared to 2022 while capacity will climb 8%. Asia-US East Coast prices (FBX03 Weekly) fell 5% to $2,884/FEU.

Price Reduction 177

Price Reduction Resource Reduction Asia Cost Reduction Strategies 177

Freightos

FEBRUARY 28, 2024

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.

Los Angeles 156

Los Angeles Negotiating Skills Cost Reduction Strategies Price Reduction 156

Logistics Viewpoints

OCTOBER 18, 2023

I also looked at changes in exports by the US, Europe, and China. Together these statements reinforce the narrative that activity in Europe is weak, while activity in the US and Asia are generally stable. I see that as a positive. The third trend is that global trade growth appears to be gradually slowing.

Manufacturing Procurement 265

Manufacturing Procurement GEP Purchasing Skills Logistics 265

Resilinc

JANUARY 24, 2022

But it was featured on CNN Business and in other business media because it had traveled 6,000 miles from Xian China and represented a growing trend in China-Europe supply chains: shifting a portion of container traffic away from pricey and congested ocean shipping lanes to rail.

Europe 62

Europe China Supply Chain Optimization Supply Chain Planning 62

Freightos

OCTOBER 31, 2023

Europe prices(FBX11 Weekly) increased 8% to $1,056/FEU. Europe weekly prices climbed 11% to $4.30/kg. Europe – N. This relative stability shows carriers are having some success creating a new price floor through capacity reductions even as volumes ease and fleet sizes grow. kg China – N. Asia – N.

Price Reduction 156

Price Reduction Resource Reduction Panama Asia 156

AIMMS

JANUARY 28, 2019

This means we help the team answer questions about global production footprint design, such as “where should we build our breweries,” “where should we invest in capacity,” “how much capacity should we build on which location,” “what kind of equipment should we invest in” and “when should we invest.”. a non-alcoholic beer).

Modeling 156

Modeling Modeling Software Optimization Modeling Capacity 156

Freightos

OCTOBER 4, 2023

Europe prices (FBX11 Weekly) ticked up 2% to $1,020/FEU. Europe weekly prices increased 6% to $3.94/kg. Europe – N. Europe rates were below $900/FEU as of yesterday, despite indications of a gradual improvement in volumes on this lane. Europe prices climb 6% to $3.94/kg. kg China – N. Asia – N.

Asia 177

Asia Europe America Cargo 177

Logistics Viewpoints

NOVEMBER 17, 2022

The deepening power crisis has already taken 900,000 tons of smelting capacity offline in North America and Europe. With more than a third of global smelters losing money, there is a risk of 1 million tons of capacity being curtailed in the near future. About 73% of the aluminum cans in the US come from recycled scrap.

Packaging 225

Packaging Food Manufacturing Procurement GEP 225

Freightos

JANUARY 15, 2024

Despite these efforts, to date the attacks continue, pushing most major carriers representing over 60% of global container capacity, to alter their routes. For example, the Freightos Baltic Index indicates a 69% increase to North America’s East Coast and a staggering 226% to Northern Europe since the crisis began.

Negotiating Skills 290

Negotiating Skills Optimal Sourcing Price Reduction Vendor Strategies 290

AIMMS

OCTOBER 24, 2018

This means we help the team answer questions about global production footprint design, such as “where should we build our breweries,” “where should we invest in capacity,” “how much capacity should we build on which location,” “what kind of equipment should we invest in” and “when should we invest.”. a non-alcoholic beer).

Modeling 120

Modeling Modeling Software Optimization Modeling Optimal Sourcing 120

CH Robinson Transportfolio

OCTOBER 28, 2021

In a fast-moving world which has been shaken by a global pandemic, ongoing geopolitical challenges, and an untold capacity shortage, shippers are trying hard to stay on top of the game keeping their supply chains moving without sacrificing on their delivery promises. Control costs and improve efficiency through reliable capacity networks.

Cost Reduction Strategies 68

Cost Reduction Strategies Expense Reduction Supply Chain Planning Software Europe 68

TMC

AUGUST 23, 2017

At the same time, large shippers typically do not work with the largest carriers alone, since that would limit their ability to obtain enough capacity. In Europe, about 90% of the shipments managed by large EU carriers are actually subcontracted to small carriers. Technology helps carriers find freight outside their territories.

Optimal Sourcing 62

Optimal Sourcing Europe Procurement Transportation 62

Logistics Viewpoints

JULY 19, 2021

Tata Steel Europe Plant in Wales. Tata Steel Europe, which produced 9.5 Svend Lassen, head of reporting & data analytics for commercial and supply chain at Tata Steel Europe, explained that there needs to be a clear understanding of how any digital project will improve margins before the project is approved. “We

Supply Chain Planning Software 264

Supply Chain Planning Software Scenario Planning Supply Chain Planning Negotiating Skills 264

Logistics Viewpoints

APRIL 10, 2024

A redundant supply chain has spare or backup capacity, such as inventory, equipment, facilities, and suppliers, that can be activated or mobilized in case of disruptions. The port serves as a gateway for importing vehicles from Europe, Asia, and South America, as well as exporting vehicles to the Middle East, Africa, and other regions.

Baltimore 250

Baltimore Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 250

Logistics Viewpoints

JULY 11, 2022

and Europe. Amazon reported $2 billion in incremental costs from having excess fulfillment and transportation capacity. In short, Amazon got its long-term strategic capacity plan, based on their long-term projection of demand, wrong. Amazon made a mistake, but not a critical one; the capacity will be needed.

Supply Chain Network Software 243

Supply Chain Network Software Forecasting Purchasing Skills Forecasting Software 243

DELMIA Quintiq

MARCH 29, 2023

This meant a huge movement of goods from East Asia to Western Europe and America, creating an asymmetry in demand as well as freight rates. This shift is more prominent in North America as they have typically, bigger houses and therefore, more scope for concepts such as a home gym and home office.

Logistics Network Optimization Software 156

Logistics Network Optimization Software Supply Chain Planning Software Optimization Software Demand Planning Software 156

Jaggaer

APRIL 14, 2020

And of course, the problem is acute right across Europe. The reduction in air travel means companies must find alternatives, for example increasing warehouse capacity for non-perishable goods and chartering special flights for perishable goods. And of course in Europe we still do not know what will be the full impact of Brexit.

Supply Chain Disruption 52

Supply Chain Disruption Europe Cost Reduction Strategies Material Savings 52

Freightos

JUNE 15, 2021

So to meet capacity, airlines started to convert passenger planes into cargo planes at scale. Ships that WERE sailing were stuck in backlogs before unloading due to COVID outbreaks at the ports and not enough capacity to handle record container volumes at the ports. A third of all cargo is carried in passenger planes.

Global 396

Global Supply Chain Price Reduction Supply and Demand 396

TMC

AUGUST 23, 2017

At the same time, large shippers typically do not work with the largest carriers alone, since that would limit their ability to obtain enough capacity. In Europe, about 90% of the shipments managed by large EU carriers are actually subcontracted to small carriers. Technology helps carriers find freight outside their territories.

Optimal Sourcing 48

Optimal Sourcing Europe Procurement Transportation 48

Freightos

JANUARY 16, 2018

China-US East Coast lags by 24%, China-US Europe by 29%, and China-US West Coast rates are a jaw-dropping 33% down on last year.”. Following disruptions caused by bad weather in US and Europe two weeks ago, last week airport operations quickly returned to normal, and cleared any cargo backlogs. China-Europe. Air Freight Pricing.

Freight 192

Freight South America Europe China 192

The Logistics of Logistics

AUGUST 26, 2022

Raj Subbiah is Head of Product for Uber Freight , Uber’s logistics business that seamlessly connects shippers and carriers across the US, Canada, and Europe. Raj Subbiah is Head of Product for Uber Freight, Uber’s logistics business that seamlessly connects shippers and carriers across the US, Canada, and Europe. About Raj Subbiah.

Freight 209

Freight Optimal Sourcing Logistics Network Optimization Software Supply Chain Network Software 209

Supply Chain Movement

OCTOBER 12, 2023

In addition, due to geopolitical tensions, Western companies are reducing their production capacities in China, American firms are opening more and more plants just across the border in Mexico, and European businesses are nearshoring activities to Central Europe.

Scenario Planning 178

Scenario Planning S&OP Purchasing Skills Material Savings 178

Logistics Viewpoints

APRIL 7, 2022

Europe relies on Russia for around 35% of its natural gas. Increased shipping lead time: More than 6,000 miles of railroad runs through Russia and connects Eastern China with Western Europe. Increased input costs: Russia is the second largest crude oil supplier in the world. This further adds to lead times.

Supply Chain Design Software 239

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Software 239

CH Robinson Transportfolio

AUGUST 27, 2020

This drop in capacity resulted in demand outweighing supply and therefore, air prices multiplying as global trade needed to continue. We saw the greatest impact in Europe during the initial phase of lockdowns with the closing of some manufacturing. The market has been impacted at varying levels. Finding strategic solutions.

Supply and Demand 66

Supply and Demand Modeling Capacity Price Reduction 66

The Logistics of Logistics

MARCH 11, 2022

Transportation/logistics companies who can commit air, ground, and warehousing capacity. Trucking from Europe to the Ukraine border – particularly from Poland, Romania, and Hungary. Warehousing in Europe close to the Ukraine border – e.g. cross-docks in Lublin and Rzeszow Poland, Balti Moldova, and Suceava Romania.

Ukraine 218

Ukraine Romania Logistics Network Optimization Software Poland 218

Freightos

MARCH 19, 2024

Europe prices (FBX11 Weekly) fell 10% to $3,871/FEU. Europe weekly prices increased 32% to $3.93/kg. Europe – N. Europe and the Mediterranean. Europe and the Mediterranean 30% lower than their respective peaks in late January. Europe last week. Air rates – Freightos Air Index China – N.

Asia 262

Asia Europe America China 262

Logistics Viewpoints

FEBRUARY 2, 2024

Soft demand in Europe and the US led to an overall decline of 7.5 UPS is seeking alternative strategies for its truck brokerage business, which has seen sales plummet amid a freight recession marked by declining rates and over capacity. The shares fell as much as 7.6 percent in early U.S. After registering a 9.3

Cost Reduction Strategies 234

Cost Reduction Strategies Inventory Reduction Logistics Network Optimization Software Manufacturing Procurement 234

The Logistics & Supply Chain Management Society

APRIL 19, 2023

Major Trends: Volatile Production, Capacity Crisis & The Need for EV Automotive manufacturing is experiencing a huge global transformation compared to the past. The main destinations of vehicle exports were Europe, Middle East and Africa and South America. At CEVA, the saying goes the ‘never normal’ is to the ‘new normal.’

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Trends Modeling Supply Chain Software 130

CH Robinson Transportfolio

SEPTEMBER 13, 2018

3 Ideas for Finding Air Capacity in the Transatlantic Lane | Transportfolio. If you have struggled lately to find available air capacity in the Transatlantic lane, you’re not alone. Capacity is hard to find in this lane, and the busiest time of the year for air shipping is just ahead. It’s a global phenomenon. Plan ahead.

Capacity 38

Capacity Inventory Reduction Price Reduction Cargo 38

Freightos

APRIL 9, 2024

Europe prices (FBX11 Weekly) rose 2% to $3,325/FEU. Europe weekly prices increased 2% to $3.36/kg. Europe – N. Europe and the Mediterranean prices have fallen by 25% since January, but remain about double their levels in 2019. Europe, which are respectively 12% and 24% higher than at the start of the Red Sea crisis.

Baltimore 279

Baltimore Asia Panama Europe 279

Logistics Viewpoints

JUNE 20, 2022

Goods move through 25 ports of entry into North America and 10 in Europe, the Middle East, and Africa. These conversations include long term commitments to buy from the new factory to encourage the manufacturer to invest in capacity in a new region. The company works with 13 ocean carriers and 7 air carriers. This will be about a 1.2

Agile and Lean Supply Chain 211

Agile and Lean Supply Chain Supply Chain Planning Software Manufacturing Procurement Supply Chain Software 211

Logistics Viewpoints

MAY 12, 2022

Amidst ongoing uncertainty caused by COVID-19 lockdowns in Asia, war in Europe, scarce raw materials and steep inflation, companies are stockpiling inventory as never before in the hopes of mitigating future supply chain shocks.

Supply Chain Design Software 188

Supply Chain Design Software Supply Chain Planning Software Demand Planning Software Analytics Software 188

The Logistics of Logistics

APRIL 21, 2023

Chris is the Chief Operating Officer at Flock Freight , a technology company that is on a mission to solve the US trucking industry’s wasted capacity problem. Joe Lynch and Chris Pickett discuss what’s next for the freight market.

Logistics Network Optimization Software 197

Logistics Network Optimization Software Forecasting Software Freight Network Design Software 197

Supply Chain Digest

JANUARY 17, 2023

Rates from Asia to West Coast and Europe almost Down to Breakeven Levels

Asia 59

Asia Capacity Europe Global 59

The Logistics of Logistics

FEBRUARY 4, 2022

From 2006 to 2020, Chris played key leadership roles (including Chief Strategy Officer from 2010-2020) at Coyote Logistics (a UPS Company), a leading provider of non-asset based 3PL solutions across North America and Europe. As rates move higher, net Class 8 tractor orders spike, and incremental capacity enters. We always overdo it.

Price Reduction 184

Price Reduction Cost Reduction Strategies North America Forecasting 184

Freightos

MARCH 12, 2024

Europe prices(FBX11 Weekly) fell 4% to $4,313/FEU. Europe weekly prices increased 35% to $2.97/kg. Europe – N. Europe prices 22% lower and Asia – Asia-Mediterranean rates 34% below their high in late January. America Freightos Air Index rates at $4/kg last week and China – Europe rates at $3/kg.

Negotiating Skills 286

Negotiating Skills Optimal Sourcing Asia Europe 286