Freightos

NOVEMBER 7, 2023

Europe prices (FBX11 Weekly) increased 18% to $1,249/FEU. Europe weekly prices fell 2% to $4.21/kg. Europe – N. Europe rates climbed 18% last week to $1,250/FEU, with increases so far this week bringing prices about level with 2019. Europe dipped 2% to $4.21/kg America weekly prices increased 21% to $5.72/kg

Negotiating Skills 289

Negotiating Skills Price Reduction Vendor Strategies Cost Reduction Strategies 289

CH Robinson Transportfolio

DECEMBER 1, 2015

What will happen when the Panama Canal expansion is completed in 2016? The Panama Canal is over a century old. And the canal was too small for the Post-Panamax vessels, which carry two to three times as much cargo as the ships that currently squeeze through the Panama Canal. Robinson to be prepared for the shifts ahead.

Panama 34

Panama Research Logistics Asia 34

Freightos

MARCH 19, 2024

Europe prices (FBX11 Weekly) fell 10% to $3,871/FEU. Europe weekly prices increased 32% to $3.93/kg. Europe – N. Europe and the Mediterranean. Europe and the Mediterranean 30% lower than their respective peaks in late January. Europe last week. Air rates – Freightos Air Index China – N.

Asia 264

Asia Europe America China 264

Logistics Viewpoints

AUGUST 16, 2023

After brutal heat waves scorched southern Europe, the river at Kaub, a key waypoint west of Frankfurt, has hit levels this summer that mean some ships could carry only about half of normal capacity. As I wrote about a few weeks ago, the Rhine River , which has been a reliable shipping lane for centuries, is at risk due to climate change.

Resource Reduction 206

Resource Reduction Supply Chain Strategy Manufacturing Procurement Supply Chain 206

Freightos

DECEMBER 28, 2023

Europe prices (FBX11 Weekly) increased 11% to $1,621/FEU. Europe weekly prices fell 17% to $3.97/kg Europe – N. Europe, the Mediterranean and North America’s East Coast. Europe prices decreased. Asia-US East Coast prices (FBX03 Weekly) were level at $2,505/FEU. America weekly prices were level at $5.85/kg.

Negotiating Skills 194

Negotiating Skills Price Reduction Asia Vendor Strategies 194

Freightos

NOVEMBER 15, 2023

Europe prices (FBX11 Weekly) increased 11% to $1,381/FEU. Europe weekly prices fell 20% to $3.38/kg. Europe – N. Europe prices last week, and more carriers have announced planned December GRIs for the ex-Asia lanes. Europe rates fell 20%, back to about their early-September level. kg China – N.

Price Reduction 262

Price Reduction Negotiating Skills Vendor Strategies Resource Reduction 262

Freightos

AUGUST 23, 2023

Europe prices (FBX11 Weekly) fell 5% to $1,708/FEU. Europe weekly prices were level at $3.00/kg. Europe – N. kg, with Asia – Europe prices stable at $3/kg and transatlantic rates ticking down 1% to $1.74/kg. Asia-US East Coast prices (FBX03 Weekly) climbed 3% to $2,991/FEU. kg China – N. Asia – N.

Price Reduction 224

Price Reduction Resource Reduction Panama Asia 224

Freightos

AUGUST 29, 2023

Europe prices(FBX11 Weekly) increased 2% to $1,747/FEU. Europe weekly prices fell 3% to $2.91/kg. Europe – N. The Panama Canal Authority announced that low-water restrictions will likely stay in place for at least ten months , though there has not been any significant impact on container shipping via the canal yet.

Price Reduction 261

Price Reduction Asia Europe Resource Reduction 261

Freightos

JANUARY 3, 2024

America vessels will also be higher than usual as several carriers had already rerouted some services – that normally transit the Panama Canal on their way to the East Coast – to the Suez to avoid possible Panama Canal drought-driven delays and extra costs. Europe prices decreased. The number of impacted Asia – N.

Shipping 306

Shipping Negotiating Skills Asia Yemen 306

Freightos

DECEMBER 19, 2023

Europe prices (FBX11 Weekly) were also level at $1,467/FEU. Europe weekly prices increased 30% to $4.78/kg. Europe – N. Rates so far this week have continued increasing to about $1,560/FEU to Europe and $2,600/FEU to Mediterranean destinations. Asia-US East Coast prices (FBX03 Weekly) were level at $2,509/FEU.

Negotiating Skills 227

Negotiating Skills Asia Europe Optimal Sourcing 227

Freightos

FEBRUARY 13, 2024

Europe prices (FBX11 Weekly) fell 8% to $4,697/FEU. Europe weekly prices increased 13% to $3.51/kg. Europe – N. Europe and the Mediterranean both dipped about 7% last week and are 15% lower than their late January peaks as conditions improve and demand decreases. America weekly prices decreased 35% to $3.91/kg

Negotiating Skills 194

Negotiating Skills Optimal Sourcing Asia Europe 194

Freightos

JUNE 21, 2023

Europe prices ( FBX11 Weekly ) increased 10% to $1,325/FEU , and are 88% lower than rates for this week last year. Panama Canal low water surcharges are likely helping keep East Coast rates from decreasing further, and could put upward pressure on prices if conditions worsen. Europe prices dipped 3% over the last month to $3.18/kg

Negotiating Skills 156

Negotiating Skills Panama Asia Cargo 156

Freightos

JUNE 27, 2023

Europe prices ( FBX11 Weekly ) fell 4% to $1,266/FEU , and are 88% lower than rates for this week last year. America and Europe this year. Europe demand could have difficulty pushing prices up as several new ultra large vessels enter the market and replace smaller ships in July and August, likely putting downward pressure on rates.

Asia 156

Asia Price Reduction Europe Resource Reduction 156

Freightos

JULY 26, 2023

Europe prices (FBX11 Weekly) were level at $1,285/FEU Asia-Mediterranean prices (FBX13 Weekly) fell 2% to $1,956/FEU. Europe prices increased 3% to $3.12/kg. Europe – N. Asia-US East Coast prices (FBX03 Weekly) climbed 6% to $2,519/FEU. Air rates – Freightos Air index China – N. kg China – N.

Negotiating Skills 156

Negotiating Skills Price Reduction Resource Reduction Asia 156

Freightos

AUGUST 8, 2023

Europe prices (FBX11 Weekly) climbed 31% to $1,655/FEU. Europe weekly prices increased 2% to $3.14/kg. Europe – N. Another factor for Asia – US East Coast rates is the low water level in the Panama Canal. Asia-US East Coast prices (FBX03 Weekly) increased 3% to $2,667/FEU. kg China – N.

Price Reduction 176

Price Reduction Resource Reduction Asia Europe 176

Elementum

AUGUST 22, 2016

The expansion of the Panama Canal, which handles about a third of Asia-to-US trade, is poised to boost trade and shipping services by shortening the one-way journey by sea from Asia to the U.S. While ship transits through the Panama Canal rose 3.7% dip on box volumes on services heading from Asia to Europe in January.

Panama 60

Panama Shipping Negotiating Skills Industrial 60

Freightos

NOVEMBER 11, 2015

The ramifications of the restructuring of China’s economy, freight innovation, re-shoring, widening the Panama Canal, and the new super-size ships are all covered. Great opportunities abound, with some cause for concern in the traditional China-Europe channels of air and sea cargo. CARRIERS & CARGO BRAVE NEW ROUTES.

Papua New Guinea 120

Papua New Guinea Freight Solomon Islands Guinea 120

Elementum

AUGUST 18, 2015

What’s Happening in Panama? On August 7th, Panama’s government declared a state of emergency due to an extreme drought. The Panama Canal is a hugely important passage for global trade routes. But isn’t Panama Undergoing expansion? As global trade increases, key routes like the Panama Canal are nearing capacity.

Panama 60

Panama Inventory Reduction Price Reduction Cargo 60

The Logistics of Logistics

JANUARY 31, 2024

Port X Logistics specializes in expediting containerized cargo throughout the US and Canada.

Logistics Network Optimization Software 167

Logistics Network Optimization Software Rail Software Supply Chain Planning Software Supply Chain Network Software 167

Abivin

DECEMBER 5, 2022

These routes are typically found connecting important marketplaces with active commercial trade systems, such as Western Europe, North America, and East Asia. In reality, appointment and price systems must be used to control capacity for interoceanic canals like the Panama and Suez. Potential for closure or interruption.

Panama 52

Panama Egypt Asia 52

Freightos

APRIL 23, 2024

Europe prices (FBX11 Weekly) fell 7% to $3,304/FEU. Europe weekly prices increased 8% to $3.55/kg. Europe – N. Europe rates up to $4,500/FEU and Mediterranean prices up to $5,600/FEU. Europe rates up to $4,500/FEU and Mediterranean prices up to $5,600/FEU. kg to Europe last week. China – N.

Iran 177

Iran Asia India Europe 177

SYSPRO Smarter ERP

JANUARY 19, 2022

This is to avoid more costly routes such as the Panama Canal or taking the long haul around the tip of Africa or South America. The latest super container ships do not fit through the Panama Canal and must take the long route and travel around Cape Horn to get to the US East Coast harbors. Shipping challenges.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Supply Chain Planning 105

Freightos

JANUARY 24, 2024

Europe prices (FBX11 Weekly) increased 15% to $5,492/FEU. Europe weekly prices fell 6% to $3.34/kg. Europe – N. Europe surpassing $5k/FEU and prices to the Mediterranean climbing to almost $6,700/FEU. Europe and Mediterranean daily rates have mostly leveled off. Europe and N. China – N.

Negotiating Skills 227

Negotiating Skills Asia Optimal Sourcing Europe 227

Enterra Insights

FEBRUARY 7, 2024

Journalist Andrew Freedman explains, “Geopolitical risks in the Red Sea and extreme weather in Central America are converging, jostling global supply chains fed by the Suez and Panama Canals.”[5] … In Panama, the drought is tied partly to the El Niño climate cycle, along with long-term, human-caused climate change. .”[8]

Risk Management 130

Risk Management Trends Supply Chain Planning Software Supply Chain Design Software 130

Elementum

MARCH 23, 2018

Shorter, more direct routes between Asia and ports in Europe and eastern North America would mean faster trips, reduced shipping costs, and fewer greenhouse gas emissions per trip. the Suez and Panama Canals) remains a point of contention. Not All Smooth Sailing From Here. However, the story gets more complicated.

Shipping 74

Shipping Cost Reduction Strategies Russia Finland 74

Supply Chain Matters

MARCH 5, 2024

For the first time in many months, report authors identified export order demands originating countries as being Australia, Bangladesh, Brazil, Canada, China, Europe, Indonesia and the United States. New export orders were noted as rising at the fastest rate in nearly two years. All rights reserved.

Manufacturing Procurement 59

Manufacturing Procurement Global United Kingdom Purchasing Skills 59

Elementum

MARCH 23, 2018

Shorter, more direct routes between Asia and ports in Europe and eastern North America would mean faster trips, reduced shipping costs, and fewer greenhouse gas emissions per trip. the Suez and Panama Canals) remains a point of contention. Not All Smooth Sailing From Here. However, the story gets more complicated.

Shipping 60

Shipping Cost Reduction Strategies Russia Finland 60

Supply Chain Matters

JULY 10, 2023

Background Within our research arm’s published 2023 Predictions for Industry and Global Supply Chains published in January 2023, is our prediction that a near-term global energy crisis within Europe would necessitate different short and longer-term supply chain focused decarbonization and climate change mitigation actions.

Supply Chain Planning Software 40

Supply Chain Planning Software Supply Chain Strategy Sourcing Strategies Supply Chain Planning 40

Freightos

DECEMBER 6, 2023

Europe prices (FBX11 Weekly) increased 3% to $1,243/FEU. Europe weekly prices fell 5% to $4.24/kg. Europe – N. Though rates haven’t responded yet, other signs have started emerging that tightening Panama Canal restrictions are starting to impact the container market. Europe rates dipping 5% to $4.24/kg,

Negotiating Skills 246

Negotiating Skills Price Reduction Asia 246

Freightos

DECEMBER 13, 2023

Europe prices (FBX11 Weekly) climbed 18% to $1,466/FEU. Europe weekly prices fell 13% to $3.69/kg. Europe – N. Europe and Mediterranean ocean rates increased significantly on early-month GRIs last week, with Mediterranean prices continuing to climb so far this week. America weekly prices decreased 7% to $5.88/kg

Negotiating Skills 227

Negotiating Skills Optimal Sourcing Price Reduction 227

Vinculum

JULY 24, 2019

3) Europe. Amazon operates in 16 other countries in North America, South America, Europe, Asia and Oceania region. With a global reach into more than 80 countries in Europe, Asia Pacific, Latin America and the Middle East, Newegg majorly focuses on computer hardware and consumer electronics. 1) North America. 2) South America.

Logistics Network Optimization Software 45

Logistics Network Optimization Software Indonesia Brazil Electronics 45

Resilinc

JULY 19, 2022

At the same time, street blockades and trucker strikes are exacerbating those desabastecimientos in population centers such as Panama City. A new Resilinc Special Report: Impact of Strikes on the Global Shipping Industry describes disruptive strikes and protests across Asia, Europe, and the Americas. and Europe.

Sri Lanka 62

Sri Lanka Supply Chain Software Global Negotiating Skills 62

Freightos

NOVEMBER 28, 2023

Europe prices (FBX11 Weekly) fell 6% to $1,211/FEU. Europe weekly prices increased 6% to $4.47/kg. Europe – N. Europe ocean rates dipped 6% last week to $1,211/FEU and are 17% lower than in 2019. Europe rates above $2k/FEU. Europe prices increased 6% to $4.47/kg, kg China – N. China – N.

Negotiating Skills 198

Negotiating Skills Price Reduction Vendor Strategies 198

Supply Chain Matters

JUNE 6, 2023

Dockworkers, truckers, rail and warehouse workers in Europe, Asia, and the U.S. That should have been a good contingency plan albeit the new consequences of severe drought occurring in South America which has impacted the water levels of the Panama Canal resulting in increasingly slower transit times.

Los Angeles 52

Los Angeles South America Manufacturing Procurement Supply Chain Planning Software 52

MIT Supply Chain

JUNE 3, 2021

Although Costa Rica and Panama are well placed compared to other regional countries to compete in international trade, “all countries compare unfavorably with their relevant peers,” The report says factors like education, infrastructure, the efficiency of markets, and the quality of institutions are especially important.

Costa Rica 52

Costa Rica America Supply Chain Planning Software Supply Chain Software 52

Supply Chain Matters

DECEMBER 20, 2023

Teams have vivid memories of the grounding accident of the mega container ship Ever Given as this ship was attempting to transit the Suez Canal toward Europe. As expected, shipping rates are now rising on Asia to Europe routing, reportedly up 62 percent since the end of November. Reportedly, forty percent of all U.S.

Global 52

Global Panama Asia 52

Supply Chain Matters

JANUARY 19, 2024

Business media has further reinforced that at same time, the Panama Canal , which is the globe’s other key transit route. Skyrocketing Rates A January 12 th advisory from Container xChange indicated that the average spot rate quoted for China to Europe passage was about $5400 per 40 foot container, up from $1,500 the week earlier.

Shipping 52

Shipping Transportation Supply Chain Planning Software Scenario Planning 52