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February 7, 2024 Update

Freightos

Disruptions to ocean freight has led to some shift to air cargo as reflected in increased air volumes on some lanes recently. America air cargo rates climbed 14% last week to $6.06/kg, Air cargo demand should also ease as LNY begins and Red Sea-driven air demand should subside as well as ocean operations continue to stabilize.

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January 3, 2024 Update

Freightos

International tensions are rising as the UK is considering targeting Houthi positions in Yemen and Iran moved a warship to the Red Sea on Sunday, stating that Iranian naval vessels have periodically been in the Red Sea “”to secure shipping lanes, repel pirates, among other purposes since 2009.” America East Coast peak of $22k/FEU.

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10 Disruptive Issues in the Supply Chain

American Global Logistics

and other countries have also imposed sanctions on Iran and have provided support to the Houthis. As of late February 2024, CMA CGM is now shipping cargo through the Red Sea trade route. Supply Chain: Shipping capacity creating disruptive issues Shipping capacity is the amount of cargo that ships can transport.

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China Exports Rebound Even as Western Markets Face Lockdown

Logistics Bureau

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. Measuring the Imbalances*. In the United States, the Pandemic has yet to Peak. Ocean Freight.

China 53
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Korean Air Cargo expands Tehran commitment

Logistics Middle East

Korean Air Cargo and Uzbekistan Airways have launched a new cargo partnership in Tehran following the removal of some sanctions on Iran.

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Iran, US and Saudi warships in tense Yemen standoff

Logistics Middle East

Iran sends warships to escort cargo ship into US and Saudi controlled waters off Yemen

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Logistics Execs Split on Outcome of NAFTA Talks

Material Handling & Logistics

The Index, in its ninth year, ranks 50 emerging markets countries by factors that make them attractive to logistics providers, freight forwarders, shipping lines, air cargo carriers and distributors. In the 50 country rankings, Brazil slips two spots to No. 9, falling below No.