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This Week in Logistics News (January 20 – 26)

Logistics Viewpoints

Retailers are reviving an old playbook to manage their inventory levels after four years of struggling to find the sweet spot of holding enough merchandise but not too much. Global shipping prices are continuing to rise as Houthi rebels keep up attacks on cargo vessels in and around the Red Sea. East Coast. 18 to $3,860.

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October 25, 2023 Update

Freightos

Europe prices (FBX11 Weekly) increased 3% to $978/FEU. Europe weekly prices increased 4% to $3.86/kg. Europe – N. Reports by many major retailers that inventories are now under control is a positive sign for the possibility of a restocking cycle after the holidays if spending holds up. kg China – N.

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This Week in Logistics News (January 27 – February 2)

Logistics Viewpoints

Soft demand in Europe and the US led to an overall decline of 7.5 The big three US airlines saw their cargo revenues decline last year as rates and volumes came under pressure. United Airlines – the largest of the three in terms of cargo volumes – registered a 31.1 The shares fell as much as 7.6 percent in early U.S.

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Baltimore Bridge Collapse: An Opportunity to Reinforce the Importance of Supply Chain Resilience

Logistics Viewpoints

The port handles about 11 million tons of cargo per year, including automobiles, containers, coal, and farm products. 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.

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What’s going on with global supply chains: A primer for the casual consumer

Freightos

A third of all cargo is carried in passenger planes. So to meet capacity, airlines started to convert passenger planes into cargo planes at scale. In the last quarter of 2020, it became clear cargo rates weren’t coming down anytime soon. And it’s not just ocean freight. Credit: Lufthansa ). Enter, a global container shortage.

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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. This optimism is buoyed by the fact that 55% of importers have their inventories in check, anticipating a stronger freight demand in the coming year.

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January 30, 2024 Update

Freightos

Europe prices (FBX11 Weekly) fell 1% to $5,456/FEU. Europe weekly prices fell 5% to $3.16/kg. Europe – N. In the meantime, there are reports of inventory shortages for some European importers as shipments are delayed or taking longer to arrive. America air cargo rates climbed 11% last week to $5.33/kg,