article thumbnail

Flexibility in the Face of Uncertainty

Freightos

Most recently, the recent disruptions in the Red Sea that saw ocean freight rates from China to Europe by over 190% and saw transit times lengthen, sea-air services offered a strategic advantage for logistics professionals able to remain agile, by watching trends and jumping at opportunities to ensure a resilient supply chain.

article thumbnail

The Dangers of Single Sourcing in Your Supply Chain

Resilinc

Nearshoring, reshoring, ally-shoring, and China+1 Many companies have started to shift away from single sourcing, using strategies like nearshoring, reshoring, ally-shoring, and China+1 to build more resilient supply chains. If something were to happen in Taiwan—like the recent 7.4

Insiders

Sign Up for our Newsletter

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

article thumbnail

The Benefits of Onshore Supply Chains

ivalua

International markets typically boast lower production and shipping costs, but they also come with several drawbacks that companies may not experience with onshore suppliers. Contact us today to schedule an industry-specific demo. Avoid the Instability of International Supply Chains. Potential Cost Savings in Labor Production.

article thumbnail

November 7, 2023 Update

Freightos

Judah Levine Optimize your logistics tendering, vendor selection, negotiations, and procurement Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 3% to $1,609/FEU. Air rates – Freightos Air Index China – N. kg China – N. Europe – N.

article thumbnail

April 2, 2024 Update

Freightos

Air rates – Freightos Air Index China – N. China – 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 Europe prices(FBX11 Weekly) increased 2% to $3,258/FEU. Europe – N.

Baltimore 268
article thumbnail

February 13, 2024 Update

Freightos

Judah Levine February 13, 2024 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 11% to $4,859/FEU. Air rates – Freightos Air Index China – N.

article thumbnail

February 28, 2024 Update

Freightos

Judah Levine February 28, 2024 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) fell 2% to $4,809/FEU. Air rates – Freightos Air Index China – N.