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Navigating Uncharted Waters: SMB Importers, 2024 and Red Sea Crisis Lessons

Freightos

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. The decrease in logistics costs led 35% of importers to lower their product prices, possibly contributing to the easing of inflation rates.

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November 15, 2023 Update

Freightos

Judah Levine November 15, 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 6% to $1,711/FEU.

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Now or Never: Why Supply Chain Sustainability is Non-Negotiable in 2022

Locus

It is worth noting that North America has a much higher emission intensity than sub-Saharan Africa, despite Africa being significantly larger and housing more countries. The latter was so severe that cargo ships had to run at half their usual capacity. Fighting climate change with green logistics. parts per million.

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How Retailers in the US Can Step Up Their Delivery Game

Locus

Retailers need a robust logistics solution that helps them align their capacity with customers’ delivery preferences. percent in North America in 2022. Managing millions of orders itself is a herculean task for retailers, coupled with huge spikes in demand during the holiday season can really put a load on their logistics.

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How Will Climate Change Impact Supply Chains in 2024?

Resilinc

Water shortages burdened Panama Canal shippers with extraordinary delays and cost increases, serving as a reminder to greater consider changing climate and weather patterns in supplier contracting and logistics planning. These conditions could potentially impact supply chain logistics and transportation by sea, air, and land.