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Ahead of the Curve: How Digitalization Helped Air Cargo Amidst Red Sea Shipping Diversions

Freightos

More Resources Home Ahead of the Curve: How Digitalization Helped Air Cargo Amidst Red Sea Shipping Diversions Joyce Tai April 2, 2024 If there’s one lingering lesson from the supply chain crisis of COVID, it’s that digitization can help organizations navigate crises…but that digitization can’t be put in place DURING that same crisis.

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This Week in Logistics News (January 20 – 26)

Logistics Viewpoints

And now on to this week’s logistics news. and Israeli startups focused on logistics, the supply chain and customer fulfillment. and Israeli startups focused on logistics, the supply chain and customer fulfillment. The increases are being felt far beyond the disrupted trade routes that link China with Europe and the U.S.

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

Logistics Viewpoints

And now on to this week’s logistics news. 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

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Flexibility in the Face of Uncertainty

Freightos

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.

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September 6, 2023 Update

Freightos

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%. Freight news travels faster than cargo Get industry-leading insights in your inbox. kg China – N.

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September 26, 2023 Update

Freightos

Europe prices (FBX11 Weekly) fell 34% to $996/FEU. Europe weekly prices increased 7% to $3.70/kg. Europe – N. Carriers are not having the same success on Asia – Europe lanes where rates crashed 34% last week to less than $1,000/FEU, an FBX record low for this lane. Europe rates of $3.70/kg

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October 4, 2023 Update

Freightos

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.

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