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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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Rail line connecting Iran & Iraq to launch soon

Logistics Middle East

Per year, 200 million tonnes of cargo is expected to be transported.'

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April 16, 2024 Update

Freightos

Alongside the ongoing, Iran-sponsored, attacks on Red Sea traffic, this event poses yet another potential challenge to the container industry. If attacks like this one continue, broaden, or Iran moves to completely close the strait, Middle East container flows would feel the strongest impact.

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Turkey Earthquake: Key Industries, Exports, and Sites Impacted

Resilinc

In total 15 countries were affected including Syria (which also declared a state of emergency), Cyprus, Lebanon, Jourdan, Palestine, Egypt, Southern Cyprus, Turkish Republic of Northern Cyprus (TRNC), Iran, Iraq, Saudi Arabia, Georgia, Russia, Azerbaijan, and Armenia. BP Azerbaijan, the Azeri unit of BP Plc.,

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Interoceanic Passages

Abivin

It is standard procedure to unload some Mediterranean-bound ships and use the Sumed pipeline to move the excess cargo. billion tons of cargo (as of 2020). The majority of the transported cargo is made up of containers, grains, and petroleum. meters in 2008 as opposed to 22.5 meters in 2001. More than 1.14

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