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

Freightos

But with alternative routes and plenty of excess capacity available, operations should continue reasonably well, and freight rates are unlikely to spike to extreme highs. OOCL is the only carrier to announce they will suspend service to and from Israel in response. Oil tankers have also begun avoiding the Red Sea.

Freight 250
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December 6, 2023 Update

Freightos

More Resources Home December 6, 2023 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 were level at $6.30/kg Europe – N.

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November 28, 2023 Update

Freightos

More Resources Home November 28, 2023 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 20% to $6.28/kg

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March 6, 2024 Update

Freightos

More Resources Home March 6, 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. Europe weekly prices fell 20% to $2.2/kg. Europe – N.

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December 13, 2023 Update

Freightos

More Resources Home December 13, 2023 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 decreased 7% to $5.88/kg

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This Week in Logistics News (April 2 – 8)

Logistics Viewpoints

Last year, large American manufacturers solicited chemicals, produce, construction materials, and other goods from six times as many suppliers based in Mexico as they did in 2020, according to procurement software firm Jaggaer. At the same time, the number of suppliers in China that received procurement bids declined by 9 percent in 2021.

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Freightos is going public…and how we got here

Freightos

This is an exciting milestone that accelerates our vision of a digital platform that modernizes international freight and improves global trade. I assumed, after all, that freight carriers would publish APIs simply because they wanted to fill their vessels efficiently. The official announcement is here. First, some background.