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The Reopening of the Suez Canal There is growing optimism about the Suez Canal opening in 2025, after the Red Sea crisis disrupted the use of the Suez Canal starting in late 2023. The number of vessels passing through the canal was down 50% in 2024 competed to 2023 and total tonnage was down around 65%. growth of approximately 1.9
While there will be many innovations in 2023, here are eight trends for manufacturers to focus on when planning their digital future. ERP system s will be critical because all that data can be stored and then output as dashboards and reports that will enable analysis to improve processes and cut costs.
Image Source: Pexels | Exploring Top 10 Logistics Trends for 2023 and Beyond The adoption of new technology will modernize your company, ensure strong competitive advantages, and make jobs that before looked difficult efficient and productive. Image Source: Pexels | Exploring Top 10 Logistics Trends for 2023 and Beyond 6.
Returning to normal until the end of 2023 and beyond is not expected. Various factors will continue to influence Supply Chain Management trends in 2023 and beyond. Inflationary trends are affecting the world economy and directly affect supply chain and delivery operations. Increasing Supply Chain and Delivery Costs.
Blog " * " indicates required fields Email * More Resources Home August 29, 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.
More Resources Home September 26, 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 1% to $1.67/kg.
More Resources Home September 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. Europe – N.
Blog " * " indicates required fields Email * More Resources Home September 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.
Q4 2023 Shipper Rate Report Q4 2023 Shipper Rate Report The Shipper Rate Report , a collaborative effort between FreightWaves , BlueGrace Logistics , and U.S. Bank , offering a comprehensive analysis of freight shipping rates.
We explore the expectations for greener shipping in 2023 and the strategies that shippers can use to ensure cleaner shipping in their operations. This will likely not occur in 2023, but major progress will be made in proving viability. Public and private-sector pressure is likely to accelerate this behavior in 2023 and into next year.
More Resources Home November 7, 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 2% to $1.82/kg.
More Resources Home November 15, 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. Europe – N.
Blog " * " indicates required fields Email * More Resources Home August 23, 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.
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. Europe – N.
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. Europe – N.
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 5% to $2.10/kg.
But don’t expect this trend to continue into 2023. However, on Tuesday, the company said again the industry trend will continue to go down well into 2023. With rising fuel prices, tanking container shipping rates, and decreased demand globally, the shipping industry looks poised for a rocky start to 2023.
billion in 2022, this trend continued in the first nine months of 2023. As per current statistical projections, this substantial share is anticipated to persist throughout 2023, further solidifying the U.S.’s The post Turkish Carpet Exports: A Quick Analysis appeared first on More Than Shipping. Notably, the U.S.
Unlike the folks projecting election results these days, I was a little more accurate and the 2022 projections have set the stage for what will happen in 2023. Let’s take a look at what happened with the major themes, as well as the research and analysis we conducted in 2022 to help determine what those themes will look like in 2023.
Navigating the vast expanse of 2023, the logistics landscape is echoing with transformative shifts. Drawing from industry insights and the pulse of current trends, let’s explore the intricate tapestry of what the remainder of the year and beyond might unfold. The Green Transition: Sustainability is the clarion call of our times.
After a tumultuous two and a half years, in 2023, it seems like tides are turning in shipping and a normalization which has already started might be here to stay. A lot can happen throughout the year, but I have listed our biggest predictions for ocean shipping and the broader shipping industry in 2023 below. Lower freight rates.
More Resources Home October 4, 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. Europe – N. Asia – N.
More Resources Home October 25, 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 1% to $1.71/kg.
However, there has been a recent shift in this trend. The post The 2023 Ocean Freight Market: Predictions for the Market & Rates for the Rest of 2023 appeared first on More Than Shipping. Compared to the beginning of summer, spot rates have risen almost 40% which is quite surprising.
More Resources Home September 20, 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. Europe – N.
Most of the vessels will not be delivered until late 2022 and most new vessel deliveries will be in 2023. We believe signing longer contracts is not a good option for importers considering rates will be stabilized by the end of next year and 2023. In capacity terms, that translates to another 4.17 Inventory control.
More Resources Home December 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. Europe – N.
We will describe the current market trends and the root causes behind them. With manufacturing orders trending down between 30-40% since June of last year, it should come as no surprise that ocean bookings have declined. In 2023, freight brokers handle over 20% of trucking freight. Why are we in this current situation?
in 2023 – all parts of the supply chain are feeling the drastic drop in demand. The new trends of downsizing in the supply chain and logistics industries have already started. The post Why Unemployment in the Supply Chain and Logistics Industry Will Increase in 2023 appeared first on More Than Shipping.
More Resources Home October 17, 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 3% to $1.69/kg.
As we step into the unknown of 2023, here are some key trends and issues affecting supply chain management to help you prepare your strategies. The economic turndown is threatening a global recession over 2023, and labor disputes and strikes are prevalent.
As we step into the unknown of 2023, here are some key trends and issues affecting supply chain management to help you prepare your strategies. The economic turndown is threatening a global recession over 2023, and labor disputes and strikes are prevalent. Supply chain issues. Getting the basics right.
More Resources Home October 31, 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 4% to $1.78/kg.
More Resources Home October 11, 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. Europe – N.
Blog " * " indicates required fields Email * More Resources Home June 27, 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.
The factory in question has resumed its operations, although it is expected that the trend will continue for some time since it’ll take some time for them to secure their previous deals domestically. The post Our Polymer Market Outlook for Q3 2023: An Overview and Where Asian Producers Stand appeared first on More Than Shipping.
For companies involved in shipping freight, the combination of order-level management and cost to serve analysis can be a game-changer. By combining order-level management with cost to serve analysis, businesses gain unparalleled transparency into their operational costs. The benefits of each component are highlighted below.
Penske also released the results of a national consumer survey, Settling In: A Consumer Moving Trends Survey, which unveils new findings about people’s reasons for moving and the importance of establishing a sense of community in their new places of residence. 6) Atlanta, Ga. (5) 5) Las Vegas, Nev. (2) 2) Dallas, Texas (7) Orlando, Fla. (3)
Global Digital Logistics Market Outlook: Digital Logistics Market report describes attributes like market size, trends, competitive landscape, market research, and applications of end-users based on different… The post Global Digital Logistics Market Analysis by Trends, Challenges and Growth Drivers Analysis 2019-2023 appeared first on 24/7 Customs (..)
Global Digital Logistics Market Outlook: Digital Logistics Market report describes attributes like market size, trends, competitive landscape, market research, and applications of end-users based on different… The post Global Digital Logistics Market Analysis by Trends, Challenges and Growth Drivers Analysis 2019-2023 – PortNews24 appeared first (..)
Atlanta, GA, December 20, 2022 – Stord , the leading cloud supply chain provider, announced today that it has been named a MCM Top 3PL for 2023 by Multichannel Merchant in its 8th annual directory.
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