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Navigating Uncharted Waters: SMB Importers, 2024 and Red Sea Crisis Lessons

Freightos

For example, the Freightos Baltic Index indicates a 69% increase to North America’s East Coast and a staggering 226% to Northern Europe since the crisis began. The implication for global freight beyond the now typical uncertainty is predictably elevated operational costs and soaring freight rates.

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November 15, 2023 Update

Freightos

Judah Levine November 15, 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) increased 6% to $1,711/FEU.

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What Shippers and Retailers Need to Know for Peak Season Planning 2022

The Logistics of Logistics

Now, it’s also important to realize that produce grown in North America may not be subject to lockdowns in Shanghai, but there’s another factor at play. Even once a vaccine was available, additional breakouts of new variants in Shanghai put the brakes on transportation expectations for the Produce Shipping Season in 2022.

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Now or Never: Why Supply Chain Sustainability is Non-Negotiable in 2022

Locus

It is worth noting that North America has a much higher emission intensity than sub-Saharan Africa, despite Africa being significantly larger and housing more countries. In the case of manufacturers, it means procuring green and sustainable raw materials. Try a demo with Locus to achieve sustainability for your logistics.

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

Freightos

The Suez Canal is the shortest route for container traffic from Asia to the Mediterranean and Europe, and is also used for some volumes from the Far East or Southern Asia to North America. In addition to time, the fuel implications add up significantly both from a cost perspective and in terms of carbon emissions.

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Are You Active in the Digital Transformation Drinking Game?

Supply Chain Shaman

The 1610 SAP S/4 HANA release includes advancements in response management (allocation, ATP and order management) and procurement tracking and collaboration of purchase order workflows. The next formal face-to-face session to discuss the pilots is on April 13 in North America and April 28th in Europe.