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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. Asia-US East Coast prices (FBX03 Weekly) were also level at $2,367/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. Asia-US East Coast prices (FBX03 Weekly) fell 1% to $2,362/FEU.

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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. Asia-US East Coast prices (FBX03 Weekly) climbed 5% to $2,497/FEU.

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Freight Market Snapshot: Houthi Attacks in Red Sea and Suez Canal News Updates

Freightos

But with alternative routes and plenty of excess capacity available, operations should continue reasonably well, and freight rates are unlikely to spike to extreme highs. Together with ZIM, these carriers represent five of the top ten largest carriers and 56% of global capacity. Oil tankers have also begun avoiding the Red Sea.

Freight 247
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Freightos is going public…and how we got here

Freightos

In retrospect I’m pleased that I was blissfully ignorant of the fact that it would take so many years for even a single cargo airline, or container ocean liner, to provide an API (that is digital computer to computer connection) for instant rates, capacity, and electronic bookings. The Carrier Digital Revolution. I’ve been there myself.

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24 supply chain experts & business leaders reveal the #1 challenge of supply chain management (and how to solve it)

6 River Systems

Also, globalization presents another hydra-headed challenge for your procurement network. Eli Diament @ConsultAzurite Eli Diament is the founder and director of Azurite Consulting , a management consulting firm and a leading provider of unique proprietary research to B-to-B businesses. How to solve it? And we had to shift fast.

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Red Sea Shipping Disruption- Developments and Indicators

Supply Chain Matters

Since our original commentary indicating that the Houthis terrorist attacks on ships, believed to be linked to the ongoing Israel and Hamas conflict, the situation remains very active and troubling, but confusing at the same time. That is in the light of expected excess shipping vessel capacity available in 2024. All rights reserved.