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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. With the other major carriers also rerouting now, it is likely freight rates will rise for Asia – N. Shipping through the Suez Canal will take more time.

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The Impending Ocean Carrier War on Last Mile Fulfillment

Freightos

Late 2021 saw Maersk continue to shift towards vertical integrations, with acquisition of Senator, a German freight forwarder for $644 million dollars. While Facebook is looking at virtual reality, Alibaba and Amazon are looking more at freight. More on Maersk’s transition to an end-to-end provider can be found in this 2020 report.

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December 19, 2023 Update

Freightos

More Resources Home December 19, 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 $5.86/kg

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The Data Behind Amazon’s Logistics and Fulfillment Play

Freightos

Not even B2B is spared from these changing expectations (which is why we at Freightos launched an online freight marketplace ). While freight industry executives likely sighed with relief when an update of Amazon’s logistics.amazon.com page on June 28th turned out to be nothing more than a franchise model for courier delivery services.

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FedEx Partners for Visibility, New CEO Focuses on Quality

Intelligent Audit

Time will tell if these efforts will be enough as daily revenue averages for FedEx Express, FedEx Freight, and FedEx Ground display negative year-over-year KPIs. . as “DB Schenker announced in January that it purchased two transport companies in Spain as part of a plan to build out its European network.”. year-on-year.”

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Global Manufacturing Activity Levels Continue to Stabilize in March and Q1-2023

Supply Chain Matters

Counties reaching PMI new highs were noted as Greece and Spain with Italy having expansion level activity levels in March. On the online retail, logistics and customer fulfillment demand side, declining volumes are taking a toll resulting in precipitous drops in global freight rates and noted as the worst in a decade.

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10 Vital Supply Chain Lessons from the Coronavirus Pandemic!

Supply Chain Game Changer

Iran and Spain were highly infected. Total cost of ownership (TCO) is a Procurement sourcing methodology which entails taking into account all aspects of doing business with a supplier, not just unit costs. Shortly thereafter the tsunami of infections overtook Europe. Italy locked down the country. And the U.S.