This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Freight Rates News. Freight and logistics trends that rate in the news. OUR TAKE There is a lot more flexibility with parcel delivery, but some aspects of this change also applies to freight. First up, no surprises, China slowdown and depressed commodity prices, then the lifting of sanctions on Iran. DECEMBER 2015.
shale or Iran, for example. The United States and Iran have been engaged in indirect nuclear talks in Vienna that could lead to the removal of sanctions on Iranian oil sales. Carriers, freight forwarders, and shippers that were dealing with the China to North America trade lanes were already operating in crisis mode.
The US Men’s National Team is in Group B with England, Iran, and Wales, and will play its first game on November 21 against Wales. Operators of warehouses, trucking fleets and other freight businesses say they are paring their payroll growth as the supply-chain disruptions that led to tens of thousands of new jobs recede.
A New Market Seeks to Draw Freight Bets (WSJ – sub. For Power Tools Sold In Iran. are set to launch on Friday [March 29, 2019], testing whether an old-school industry will embrace a new financial tool designed to protect cargo haulers and shippers against swings in freight rates.” You learn something new every day.
There were no immediate reports of attacks on commercial shipping by Iran after Israel attacked nuclear targets there Thursday. As of early Friday vessel traffic was flowing through the Strait of Hormuz between Iran and Oman, the only route out of the Persian Gulf to global shipping lanes.
More Resources Home April 16, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. America weekly prices increased 69% to $6.17/kg
US Navy to accompany US-flagged ships in Persian Gulf after Iran seizes vessel (Fox News). UPS Freight Adds LNG Tractors. Port truck drivers strike for second day (LA Times). Ports See Costly Delays as Cargo Ships, Volumes Grow (WSJ – sub. Con-way Inc. Reports 2015 First-Quarter Results. Talks on EU-U.S. billion ($3.53
10 questions about Freight Spend Management. There are numerous ways a shipper can reduce freight spend. And freight costs are continuing to rise, pushed upward by factors such as globalized distribution and unpredictable fuel prices. This is an important aspect of managing freight spend. Iran, Islamic Republic of.
The huge build-up of containers at China’s docks has created a major ocean freight imbalance, with a shortage of cargo in US and European ports and a shortfall in boxes needed by Western exporters to ship products to other parts of the world. Ocean Freight. Air Freight. Ocean Freight. Measuring the Imbalances*.
CMA CGM is adding CEVA Logistics to a portfolio that already includes a significant container terminal footprint, although one wonders how their April 3, 2019 announcement of a 16-day China-Europe trucking service will affect their ocean freight business. What’s the Difference Between a Freight Forwarder and a Customs Broker?
Janie Ryan ( @janiemryan ) writes, “As sanctions on Iran go into effect and Iranian oil exports decline, global oil prices could rise, putting even more pressure on logistics providers. ”[1]. Trends affecting supply chain operations. Global trade. And the ongoing trade disputes between China and the U.S.
Iran-backed rebels have used drones and rockets to target foreign-owned ships transporting goods through the Bab al-Mandab Strait and the Suez Canal. Nils Haupt, head of corporate communications at shipping firm Hapag Lloyd, told the BBC’s Today programme that bookings for new freight trips are set to cost more.
Freight In The Year Of The Monkey. China’s role in world trade is so large that even small changes can have a broad impact on the international freight industry. On February 15th, 2016, the first freight train from China reached the capital of Iran, shaving 30 days off the standard port-to-port transport time.
More Resources Home April 24, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. China – N. Europe weekly prices increased 8% to $3.55/kg.
Iran, Islamic Republic of. Third, it is essential the system generate pre-invoices to reduce carrier invoice uncertainties, eliminate fraud, and manage freight spend. Guinea-bissau. Heard Island and Mcdonald Islands. Holy See (Vatican City State). Isle of Man. Kazakhstan. Korea, Democratic People's Republic of. Korea, Republic of.
Iran, Islamic Republic of. The Japanese freight mover Kintetsu World Express has expanded recently outside its home market with the acquisition of APL Logistics, which has a strong base in America and Europe. Guinea-bissau. Heard Island and Mcdonald Islands. Holy See (Vatican City State). Isle of Man. Kazakhstan. Korea, Republic of.
More Resources Home January 3, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. America weekly prices stayed level at $5.85/kg
pullout from the Iran nuclear deal could push prices even higher. The oil industry saw a huge downturn late in 2014 when oil prices dropped from over $100 per barrel (West Texas Intermediate crude, or WTI) to below $30 per barrel by February 2016. Oil production generally ramps up when prices hit the $45- to $50-per-barrel mark.
The Index, in its ninth year, ranks 50 emerging markets countries by factors that make them attractive to logistics providers, freight forwarders, shipping lines, air cargo carriers and distributors. In the 50 country rankings, Brazil slips two spots to No. 9, falling below No.
More Resources Home February 7, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. America weekly prices increased 4% to $2.06/kg.
This is due in part to the chokepoints they cause in the flow of global freight as well as the fact that they give people access to resources and commercial activity more effectively. Iran and the United Arab Emirates are also vying for control of islands that are vital to the strait.
Iran and Spain were highly infected. And with less manufacturing output there were fewer container ships leaving Asia full of goods meaning activity in ports in North America and Europe would slow down rather quickly. Shortly thereafter the tsunami of infections overtook Europe. Italy locked down the country. And the U.S.
Except as provided in an individual TRI, NRA or NSA whenever ocean freight and assessorial charges are assessed on a weight/measurement basis, same shall be assessed on the gross weight or the overall measurement of the cargo, whichever computation produces the greater revenue to the Carrier. RULE 5 Payment of Freight Charges 5.1
Updated Friday Morning: The strike on Iran was confirmed late Thursday evening, with Israeli state media saying officials had been evacuated into safer locations in case of retaliatory action. Explosions had been heard in Tehran, the capital of Iran, Thursday night and social media video showed scenes of smoke and debris.
Oil prices climbed sharply on Thursday evening following reports suggesting a possible Israeli military action against Iran. Israeli strikes on Iran continue. Israeli strikes on Iran continue. Analysts caution that any confirmation of military activity or retaliation from Iran could drive prices even higher in the near term.
And you can’t forget about the other Unpredictables: Iran, Russia, China, and ISIS; all of these entities could have a destabilizing effect on world peace and prosperity. For related commentary, see: On-Time In-Full (OTIF) and the Growing Demand for Real-Time Freight Visibility.
Navy Issues Rare Warning to Ships Near Vital Hormuz Strait Two oil tankers are seen at a distance in the waters of Strait of Hormuz in Hormuz Island, Iran. and Iran are continuing talks about Tehran’s nuclear program, the future of which remains uncertain. Navy Issues Rare Warning to Ships Near Vital Hormuz Strait U.K.
Even the most conservative estimate places the count around 10: (i) the seller, (ii) the insurer, (iii) the origin warehouse, (iv) the origin trucker, (v) the ocean carrier, (vi) the destination trucker, (vii) the destination warehouse, (viii) the buyer, and (ix) the freight forwarder. banks, the loss of its U.S. operations. Action Steps.
Oil futures prices soared Friday on the back of Israel’s attack on Iran, but there were no indications any oil-related facilities had been impacted by the multi-pronged offensive by the Israeli military. The SPGCI segment, which houses the legacy Platts business, said Iran produced about 3.25 million b/d of crude in May.
will stop bombing the Houthis in Yemen, saying that the Iran-aligned group had agreed to stop interrupting important shipping lanes in the Middle East. Trump announces deal to stop bombing Houthis, end shipping attacks President Donald Trump announced on Tuesday the U.S.
waters in recent years Ocean freight rates expected to jump after Iran seizes containership Walmart Canada is launching a national pilot program for customers to recycle their reusable shopping bags. Transloading is the process of moving freight from truck to rail or rail to truck. Logistics companies tell CNBC that U.S.
We organize all of the trending information in your field so you don't have to. Join 102,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content