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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.

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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. Staten Island workers could challenge the company’s current labor model, which is the backbone of its Prime two-day shipping promise. Walgreens to offer Wing drone delivery in suburban Dallas.

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FedEx and Freightos – Improving Digital Freight Together

Freightos

About half the products we buy in stores are imported, which means they not only went through a complex shipping process, but also had to be cleared through customs before they could be sold to us. . Freightos.com already makes international shipping easy. Freightos.com already makes international shipping easy.

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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. One hijacking attempt was prevented by American and Japanese naval interventions, reflecting increased international efforts to keep crucial shipping lanes unobstructed.

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December 6, 2023 Update

Freightos

The Suez is facing a different set of challenges though, as Houthis in Yemen attacked three more vessels – two bulk carriers, and an OOCL container vessel they determined to have links to Israeli-ownership – and a US Navy ship on Sunday. Freight news travels faster than cargo Get industry-leading insights in your inbox.

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December 13, 2023 Update

Freightos

Houthis expanded their threat to Red Sea traffic to include all Israel-bound – not just Israeli-owned – vessels this week, and attacked a tanker it claimed was bound for Israel on Tuesday. Freight news travels faster than cargo Get industry-leading insights in your inbox.

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Interoceanic Passages

Abivin

Passages, capes, and straits are defined as geographical areas through which international shipping routes must transit. Chokepoints commonly have shallow, constricting depths, which hinder navigation and place restrictions on ship capacity. In 1956, Israel, France, and Britain invaded Egypt as a result.

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