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military installations in Qatar and Iraq. The report cites freight intelligence firm Xeneta as indicating that average spot rates for movement from China to Middle Eastern ports had spiked 55 percent through Friday of last week while large crude tanker spot rates were up 154 percent week over week through Thursday.
The increase in the volume and use of digitized freight data has made the need for – and lack of – industry data standards all the more acute. At Crane, successful integration of disparate data sources is already leading to cost savings by eliminating duplicate work and many errors. are growing too.
Carriers, freight forwarders, and shippers that were dealing with the China to North America trade lanes were already operating in crisis mode. They are predicting Ocean is going to increase 2-3x from $10,000 to container to over $30,000 per container and that Air freight spot rates and lead times are going to increase 3-4 times.
The entire world is gearing up for the 2022 FIFA World Cup , held in Qatar from Nov. million fans will descend on Qatar for this event — which marks the first time an Arab country has hosted the World Cup. 20 through Dec. Over the course of four weeks, 32 teams and over 1.7 With a population of just 2.9
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.
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. Northern Mariana Islands.
San Francisco -based Onera provides retail technology that connects inventory across siloed systems and transforms them into a single, real-time source of inventory status. Freightos Limited , a global freight booking and payment platform, and Gesher I Acquisition Corp., Freightos Merges With Gesher I SPAC.
The countdown is officially on for the 2022 World Cup in Qatar. Instead, due to the climate in Qatar, the tournament was pushed out to November and December. This, along with a host of controversies, have led many to believe that awarding Qatar with the World Cup was a blatant mistake. trade with Asia.
Air freight : situation and players. It is a bad time for air freight. Indeed, close to 70% of world air freight (in TKM) is transported in cargo decks of commercial aircrafts. Moreover, the top 10 freight carriers are occupied by 7 commercial airlines against 3 cargo specialists only. appeared first on KEPLER.
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