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December 19, 2023 Update

Freightos

Judah Levine December 19, 2023 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) fell 3% to $1,556/FEU.

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

Freightos

But with the escalation of hostilities – and now the broad impact on maritime flows – the US has announced the launch of Operation Prosperity Guardian which will work alongside CMF 153 to address the Houthi threat and will include support from the US, the United Kingdom, Bahrain, Canada, France, Italy, Netherlands, Norway, Seychelles and Spain.

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