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October 17, 2023 Update

Freightos

If rates have reached their floor, it is likely thanks to significant capacity management measures taken by carriers. The transpacific lane will have about 23% of deployed capacity blanked in October – the highest level since April. In Israel, ocean and inland logistics have continued to be fully operational despite the ongoing war.

Asia 156
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October 11, 2023 Update

Freightos

For the transpacific, rates falling sharply on gradually declining volumes and alongside continued, significant capacity management measures by carriers point to overcapacity as the main driver of the current rate slumps, with excess capacity a major contributor to falling rates on the other lanes as well.

Asia 156
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April 24, 2024 Update

Freightos

America rates remain 90% higher than in 2019 to the West Coast and 60% higher to the East Coast at about $3,000/FEU and $4,300/FEU respectively, as Red Sea diversions continue to absorb capacity and make blank sailings rare even during these slow-season months. Likewise, Asia – N. America and $3.55/kg kg to Europe last week.

Iran 177
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April 16, 2024 Update

Freightos

In air cargo, B2C e-commerce demand out of China continues to be the biggest driver of strong volumes, tighter capacity and upward pressure on rates to N. Subscribe Now Judah Levine Head of Research, Freightos Group Judah is an experienced market research manager, using data-driven analytics to deliver market-based insights.

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December 6, 2023 Update

Freightos

Judah Levine December 6, 2023 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) were level at $1,620/FEU.

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November 28, 2023 Update

Freightos

Judah Levine November 28, 2023 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 3% to $1,613/FEU. But despite reducing scheduled Asia – N. China – N.

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December 13, 2023 Update

Freightos

Judah Levine December 13, 2023 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) fell 1% to $1,603/FEU.