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December 19, 2023 Update

Freightos

Judah Levine December 19, 2023 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 3% to $1,556/FEU. Europe prices (FBX11 Weekly) were also level at $1,467/FEU.

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Freight Market Snapshot: Houthi Attacks in Red Sea and Suez Canal News Updates

Freightos

In addition to time, the fuel implications add up significantly both from a cost perspective and in terms of carbon emissions. Increasing rates may, however, prove to be a detrimental anchor for global supply chain organizations that are now embarking on their annual ocean freight contract negotiations.

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