article thumbnail

October 17, 2023 Update

Freightos

In Israel, ocean and inland logistics have continued to be fully operational despite the ongoing war. Freightos Data shows import container rates to Israel are in line with rates for the region overall. Freight news travels faster than cargo Get industry-leading insights in your inbox.

Asia 156
article thumbnail

October 11, 2023 Update

Freightos

Despite recent reports of some air cargo volume increases stoking some hope for air peak season, Freightos Air Index ex-Asia rates fell 2% to N. The outbreak of war in Israel has so far had little impact on ocean operations there or in the region, though many passenger and freighter flights to Israel have been canceled.

Asia 156
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

This Week in Logistics News (April 2 – 8)

Logistics Viewpoints

FedEx plans to test autonomous drone cargo delivery with Elroy Air. Air Canada wants more cargo jets 3 months after launching service. FedEx also plans to test autonomous drone cargo delivery, partnering with Elroy Air. Israel Aircraft Industries is remodeling older Air Canada passenger jets to carry heavy freight.

article thumbnail

This Week in Logistics News (October 21 – 27)

Logistics Viewpoints

When a driver working out of any of the 20 delivery centers currently equipped with the tech returns their vehicle at the end of a shift, they slowly drive it through a sensor-laden archway made by startup UVeye, which has headquarters in the US and Israel. The port handled 748,440 twenty-foot equivalent units (TEUs) in September, a 5.4

article thumbnail

FedEx and Freightos – Improving Digital Freight Together

Freightos

For example, importing plastic disposable cups to Israel results in different tariffs depending on whether or not there is a logo printed on the cup…and don’t get me started on duties for Santa Claus suits. In the last two years tariff rates have changed often and unpredictably as a trade war raged, complicating things even further.

Freight 194
article thumbnail

November 28, 2023 Update

Freightos

After three attacks on Israel-linked vessels in the Red Sea, including one container ship, ZIM Lines decided to divert one ship around the Cape of Good Hope. Though global air cargo volumes increased through October , the seasonal bump is estimated at about a third its typical size. Europe prices increased 6% to $4.47/kg,

article thumbnail

December 6, 2023 Update

Freightos

With the threat focussed on Israel-linked vessels there has not been a significant impact on vessel flows through the Red Sea yet. In air cargo, some observers think the ex-Asia e-commerce driven bump in air cargo demand could push through until Lunar New Year. Freightos Air Index data show that China – N.