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November 21, 2023 Update

Freightos

Judah Levine November 21, 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) decreased 8% to $1,573/FEU. Europe prices (FBX11 Weekly) decreased 7% to $1,291/FEU.

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Air Cargo Market's VAS - Last-Mile Delivery

Cathy Roberson

For the past few years, the air cargo market has greatly benefited from international e-commerce. According to the International Air Transport Association (IATA), 80% of e-commerce is transported by air and makes up upwards of 30% of total air cargo volume. Rethinking supply chains is a reader-supported publication.

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No More Black Swans: The Age of Supply Chain Uncertainty

Freightos

The days of quarterly reviews and annual procurement cycles are giving way to a much more dynamic, responsive approach to supply chain management. Having everything connected from market intelligence to tender procurement to actual bookings transforms how shippers operate. However, this specialization has created its own challenges.

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This Week in Logistics News (June 15 – 21)

Logistics Viewpoints

May air cargo volumes rise amid global disruption Freight market pressured again in May, Cass data shows General Motors (GM) is accelerating sustainability efforts in its supply chain, focusing on logistics, materials, packaging, and supplier engagement. May air cargo volumes continue to rise amid global disruptions. percent in Q1.

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De-Carbonising Road Freight Operations: Bridging the Know-Do Gap

The Logistics & Supply Chain Management Society

For example, Maersk ordered eight 16,000 TEU vessels to be operated on carbon-neutral methanol fuel, while DHL has purchased large amounts of sustainable aviation fuel and ordered 12 all-electric cargo planes. In Europe, more than 500,000 road carriers are in the market, 99% of them with less than 50 employees.

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China volumes fall as demand climbs from S. East Asia – April 29, 2025 Update

Freightos

Europe prices (FBX11 Weekly) stayed level at $2,337/FEU. Europe weekly prices fell 1% to $3.71/kg. Europe – N. This effect has been much less apparent for air cargo. Asia-US East Coast prices (FBX03 Weekly) fell 2% to $3,395/FEU. Asia-Mediterranean prices (FBX13 Weekly) increased 5% to $3,082/FEU. China – N.

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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. Exploring alternative shipping routes and modalities, including air cargo, is crucial despite the higher costs.