Logistics Viewpoints

FEBRUARY 2, 2024

Soft demand in Europe and the US led to an overall decline of 7.5 Amazon achieved its fastest-ever global shipping times last year but isn’t resting on its laurels. The big three US airlines saw their cargo revenues decline last year as rates and volumes came under pressure. The shares fell as much as 7.6 percent in early U.S.

Cost Reduction Strategies 234

Cost Reduction Strategies Inventory Reduction Logistics Network Optimization Software Manufacturing Procurement 234

Freightos

JUNE 15, 2021

You’ve seen the Suez Canal memes, you know furniture is taking way longer than usual to get to your door, and you may have even heard about Pelotons shipped by air to reduce delivery times. While the cure for COVID is well on its way, there is no vaccine for what’s afflicting container shipping. Credit: Lufthansa ). But that’s changed.

Global 397

Global Supply Chain Price Reduction Supply and Demand 397

Enterra Insights

FEBRUARY 22, 2024

The world’s oceans have been a vital part of global trade since humans first launched ships from shore. As a result, maritime shipping lies at the very heart of the global logistical system. In this concluding article, I want to discuss how climate change risks are adding to challenges faced by shipping firms and their clients.

Panama 130

Panama Global Supply Chain Planning Software Supply Chain Planning 130

Freightos

OCTOBER 25, 2023

Europe prices (FBX11 Weekly) increased 3% to $978/FEU. Europe weekly prices increased 4% to $3.86/kg. Europe – N. Europe rates remained below $1,000/FEU last week. Europe GRIs planned for November to try and push rates up to profitable levels. Asia-US East Coast prices (FBX03 Weekly) fell 4% to $2,141/FEU.

Asia 177

Asia Europe Price Reduction Freight 177

Resilinc

MARCH 28, 2023

February 2023 saw supply chain struggles continue across Asia and Europe due to dwindling energy supplies, ongoing effects of COVID-19, high inflation, and more. Per the contract, Eni will deliver one LNG cargo per month between 2017 and 2032. Pakistan also relies on a long-term contract with Italy’s natural gas company, Eni.

Asia 62

Asia Europe Pakistan Nigeria 62

Freightos

JANUARY 3, 2024

More Resources Home Red Sea and Suez Canal Shipping Crisis Update Judah Levine Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Even with an international naval force in place, Houthi attacks on commercial vessels in the Red Sea continue. America East Coast peak of $22k/FEU.

Shipping 306

Shipping Negotiating Skills Asia Yemen 306

Logistics Viewpoints

NOVEMBER 2, 2021

When you can barely see beyond the bow of the ship, when extreme wind and waves threaten to throw you off course – or worse, sink you – it’s understandable that long-term thinking can get chucked overboard like so much extra ballast. It’s an apt metaphor for ocean shipping these past many months. And the list goes on.

Supply Chain Planning Software 185

Supply Chain Planning Software Supply Chain Design Software Scenario Planning Modeling Software 185

Freightos

JANUARY 15, 2024

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. In fact, the hard reality is that looking back over the past decade, supply chains have been disrupted by shipping bankruptcies, wars, pandemics, geopolitics and tariffs.

Negotiating Skills 292

Negotiating Skills Optimal Sourcing Price Reduction Vendor Strategies 292

Supply Chain Movement

APRIL 21, 2015

TOC Europe 2015. TOC Europe – Your Global Container Supply Chain Event. The TOC Europe is the global meeting place for ports, terminals, shipping lines, 3PLs & shippers. Ports therefore need to process cargo in a timely and cost effective manner using the latest technology on the market to do so.

Europe 60

Europe Supply Chain Software Cargo 3PL 60

GlobalTranz

APRIL 26, 2016

As a logistics service provider, focusing on over-the-road surface transportation management solutions via technology and managed transportation services, we find the following information on the history of shipping containers of great significance to the logistics and supply chain community at large. Readers' choice! Significance.

Shipping 120

Shipping Logistics Network Optimization Software Supply Chain Design Software Modeling Software 120

Freightos

APRIL 24, 2016

The History of the Shipping Container. 26 April 2016 marks the 60th anniversary of the maiden voyage of the Ideal X and the birth of modern container shipping, a development that played a critical role in spurring the global economy. But the modern shipping container has changed much more than one industry. Significance.

Shipping 120

Shipping Cargo Supply Chain Design Software Asia 120

Freightos

APRIL 9, 2024

Europe prices (FBX11 Weekly) rose 2% to $3,325/FEU. Europe weekly prices increased 2% to $3.36/kg. Europe – N. Crews began the on-water removal of containers from the still-stuck Dali , as one necessary step in clearing the ship from the collision site. Europe have declined in recent weeks, at $3.66/kg

Baltimore 281

Baltimore Asia Panama Europe 281

Logistics Viewpoints

FEBRUARY 18, 2022

This year, with the LA Rams being Super Bowl champs, Good360 said it will ship thousands of “unsellable” Bengals-branded hats, T-shirts, hoodies, sweatshirts, COVID-19 masks, and scarves to struggling people in Africa, Asia, Eastern Europe and the Middle East. New wave of contracts will lock in much higher shipping rates.

Logistics Network Optimization Software 201

Logistics Network Optimization Software Pricing Training Indiana Logistics 201

Kuebix

APRIL 2, 2021

The world received exciting news this week as a 220,200-ton cargo ship named the Ever Given was freed from the Suez Canal after being stuck for six days. It connects Asia to Europe and the U.S. The Suez Canal is one of the most important trade arteries in the world. East Coast. On average, 50 […].

Supply Chain 105

Supply Chain Asia Europe Cargo 105

Operations and Supply Chain Management

JANUARY 25, 2021

An ‘aggressive’ fight over containers is causing shipping costs to rocket by 300%. Shipping costs have skyrocketed as desperate companies wait weeks for containers and pay premium rates to get them, according to industry watchers. and Europe have surged 300%, Mark Yeager, chief executive officer of Redwood Logistics, told CNBC.

Examples 59

Examples Shipping Singapore Asia 59

Freightos

JANUARY 16, 2018

That said, ocean prices for shipping out of China are still well down on this time last year. China-US East Coast lags by 24%, China-US Europe by 29%, and China-US West Coast rates are a jaw-dropping 33% down on last year.”. China-Europe. Europe-US East Coast. Europe-South America Atlantic. Air Freight Pricing.

Freight 192

Freight South America Europe China 192

Freightos

APRIL 2, 2024

Europe prices(FBX11 Weekly) increased 2% to $3,258/FEU. Europe weekly prices fell 6% to $3.31/kg. Europe – N. In air cargo, volumes out of China were strong in late March driven by B2C eCommerce growth, though Freightos Air Index China export rates dipped somewhat to $4.23/kg kg to Europe this week.

Baltimore 268

Baltimore Asia Europe New York 268

Logistics Viewpoints

MAY 20, 2022

Autonomous cargo ship completes 500-mile voyage. In our last piece of autonomous vehicle news, the “world’s first” autonomous commercial cargo ship has successfully completed a near-500-mile voyage in the congested waters of Tokyo Bay, traveling without human intervention for 99 percent of the trip.

Logistics Network Optimization Software 197

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software Supply Chain Network Software 197

Freightos

APRIL 2, 2020

FreightRight is a small freight forwarder based in LA that has been posting value news updates, first from on the ground sources in China, and now with a good feel for what’s going on in air cargo, with a focus on how these developments are affecting SMBs and Amazon sellers. Additional COVID-19 Supply Chain Resources. Bolloré Logistics.

Resources 198

Resources Agile and Lean Supply Chain Supply Chain Software Supply Chain 198

Freightos

NOVEMBER 11, 2021

On the horizontal carrier integration front, Maersk has doubled down on its extension from ocean consolidation (Hamburg Sud, 2017) to air cargo, increasing Maersk Air by 33% with three leased cargo planes and two new Boeing purchases. Image via StarAir.dk). Behind the Maersk shift. Enter Big Tech. One goal, two different motivations.

Price Reduction 177

Price Reduction Logistics Network Optimization Software Cost Reduction Strategies Expense Reduction 177

Logistics Viewpoints

AUGUST 6, 2021

Another shipping crisis strikes, threatens Black Friday shopping. Volansi completes first-ever autonomous ship-to-ship drone delivery. The strain that has been impacting global supply chains over the last year was dealt another blow with flooding in Europe and China. And now on to this week’s logistics news.

Logistics Network Optimization Software 237

Logistics Network Optimization Software Pharmaceutical Rhode Island Logistics 237

The Logistics & Supply Chain Management Society

JULY 16, 2023

It appears that operational and procurement risks for beneficial cargo owners or shippers, in the short term, are minimal. The areas that will be deliberated in future articles are ocean shipping market landscape, freight procurement, reliability & visibility and the competitive landscape.

Risk Management 130

Risk Management Global Price Reduction Inventory Reduction 130

CH Robinson Transportfolio

JULY 19, 2020

Less than container load (LCL) shipping is rapidly becoming a go-to service option for businesses seeking help in a complex global logistics industry. As COVID-19 affected businesses around the world, the need for expedited LCL shipping grew significantly. The right level of LCL shipping expertise. Reduced costs.

Material Savings 44

Material Savings Cost Reduction Strategies Inventory Reduction Shipping 44

Freightos

NOVEMBER 7, 2023

Europe prices (FBX11 Weekly) increased 18% to $1,249/FEU. Europe weekly prices fell 2% to $4.21/kg. Europe – N. Other shipping segments that depend on the larger locks, mostly natural gas and petroleum carriers, will likely bear the brunt of these reductions. Europe dipped 2% to $4.21/kg kg China – N.

Negotiating Skills 289

Negotiating Skills Price Reduction Vendor Strategies Cost Reduction Strategies 289

Logistics Viewpoints

DECEMBER 5, 2022

The 2010 Eyjafjallajökull volcano eruptions in Iceland, for example, caused enormous disruption to air shipments across Western Europe. There was no air freight possible then into Europe,” added Gerald van den Eijnden. Yes, SAP had inbound ASN’s (advanced ship notices). But they were very basic.

Agile and Lean Supply Chain 196

Agile and Lean Supply Chain Rail Software Manufacturing Procurement Supply Chain Planning Software 196

Freightos

FEBRUARY 22, 2024

Europe prices (FBX11 Weekly) fell 2% to $4,587/FEU. Europe weekly prices fell 15% to $2.97/kg. Europe – N. This week’s renewed aggression on commercial vessels though, including one that led, for the first time, to an abandoned ship , may suggest that there is still a long way to go. kg China – N.

Price Reduction 177

Price Reduction Negotiating Skills Vendor Strategies Resource Reduction 177

Gravity Supply Chain

MAY 11, 2021

Guy Platten, secretary-general of the International Chamber Of Shipping – ICS , reported: “This kind of incident is rare, and it is a relief to see that no crew were injured and there has been no pollution.” The damage done to the global supply chain will be significant.” ” With events described as occurrences.

Supply Chain Design Software 52

Supply Chain Design Software Optimization Software Predictive Analytics Software Forecasting Software 52

Freightos

DECEMBER 28, 2023

Europe prices (FBX11 Weekly) increased 11% to $1,621/FEU. Europe weekly prices fell 17% to $3.97/kg Europe – N. Europe, the Mediterranean and North America’s East Coast. So far there have not been reports of any significant air cargo bump, though. Europe prices decreased. China – N.

Negotiating Skills 194

Negotiating Skills Price Reduction Asia Vendor Strategies 194

Logistics Viewpoints

JULY 9, 2021

Container shipping prices skyrocket. Prices to ship containers from Asia to the US and Europe are rising at a historic pace as cargo owners bid up rates in a search for ocean transportation capacity that shipping industry executives expect to remain tight for the rest of the year. Descartes acquires GreenMile.

Logistics Network Optimization Software 165

Logistics Network Optimization Software Logistics Price Reduction Finland 165

Freightos

JANUARY 3, 2024

Europe prices (FBX11) increased 151% to $4,042/FEU. Europe weekly prices fell 25% to $2.98/kg. Europe – N. The US response sunk three Houthi boats approaching the Maersk ship, reportedly killing ten. Europe rates have increased 173% compared to just before the diversion announcements, to more than $4,000/FEU.

Negotiating Skills 156

Negotiating Skills Asia Optimal Sourcing Europe 156

Freightos

AUGUST 29, 2023

Europe prices(FBX11 Weekly) increased 2% to $1,747/FEU. Europe weekly prices fell 3% to $2.91/kg. Europe – N. The Panama Canal Authority announced that low-water restrictions will likely stay in place for at least ten months , though there has not been any significant impact on container shipping via the canal yet.

Price Reduction 261

Price Reduction Asia Europe Resource Reduction 261

Freightos

DECEMBER 19, 2023

Europe prices (FBX11 Weekly) were also level at $1,467/FEU. Europe weekly prices increased 30% to $4.78/kg. Europe – N. Rates so far this week have continued increasing to about $1,560/FEU to Europe and $2,600/FEU to Mediterranean destinations. Asia-US East Coast prices (FBX03 Weekly) were level at $2,509/FEU.

Negotiating Skills 227

Negotiating Skills Asia Europe Optimal Sourcing 227

Freightos

FEBRUARY 13, 2024

Europe prices (FBX11 Weekly) fell 8% to $4,697/FEU. Europe weekly prices increased 13% to $3.51/kg. Europe – N. Europe and the Mediterranean both dipped about 7% last week and are 15% lower than their late January peaks as conditions improve and demand decreases. America weekly prices decreased 35% to $3.91/kg

Negotiating Skills 194

Negotiating Skills Optimal Sourcing Asia Europe 194

Logistics Bureau

APRIL 2, 2020

The huge build-up of containers at China’s docks has created a major ocean freight imbalance, with a shortage of cargo in US and European ports and a shortfall in boxes needed by Western exporters to ship products to other parts of the world. percent slump in exports from Europe. percent slump in exports from Europe.

China 53

China Los Angeles Europe Australia 53

Freightos

FEBRUARY 28, 2024

Europe prices(FBX11 Weekly) fell 1% to $4,553/FEU. Europe weekly prices fell 8% to $2.74/kg. Europe – N. Europe rates of $4,553/FEU are down 17% from their mid-January high, and Asia – Mediterranean prices of $5,224/FEU are 23% lower than a month ago. Air rates – Freightos Air Index China – N.

Negotiating Skills 177

Negotiating Skills Asia Optimal Sourcing Yemen 177

3PL Insights

FEBRUARY 28, 2023

Containers play an integral role in shipping goods around the world. Ocean freight is the most cost-effective form of shipping goods so when ordering products from overseas they will most likely arrive in a container. There are many shipping containers that serve different purposes.

Shipping 92

Shipping Cargo Freight Transportation 92

Freightos

JANUARY 10, 2024

Europe prices (FBX11 Weekly) increased 176% to $4,391/FEU. Europe weekly prices fell 38% to $1.86/kg. Europe – N. The diversions are leading to higher costs for carriers using more fuel and more ships for the longer journeys around the south of Africa, and higher container rates for shippers. China – N.

Negotiating Skills 224

Negotiating Skills Asia Price Reduction Optimal Sourcing 224