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October 15, 2024 Update

Freightos

Asia – Europe and Mediterranean trades – that, due to longer lead times for sailings around the Cape of Good Hope, had to have peak season goods moved out of Asia before Golden Week to receive them in time for Q4 consumer events – seem to be even further past peak demand than the transpacific. kg last week.

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April 16, 2024 Update

Freightos

Alongside the ongoing, Iran-sponsored, attacks on Red Sea traffic, this event poses yet another potential challenge to the container industry. In air cargo, B2C e-commerce demand out of China continues to be the biggest driver of strong volumes, tighter capacity and upward pressure on rates to N.

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Two Modes, Split Roads

Freightos

That is a huge success story for the air cargo industry and as promised it has brought significant efficiencies. Speed and Urgency : Air cargo is used for faster shipping options, and the need for rapid communication and tracking is more critical in this industry. Remember that there was zero airline ebooking at the beginning of 2018.

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May 15, 2024 Update

Freightos

The impact of this shift on air cargo rates, though, could be mitigated somewhat by summer travel’s additional passenger flights adding cargo capacity to the market. The biggest driver of elevated air cargo rates out of China – Freightos Air Index rates out of China were at $5.86/kg America and $3.60/kg

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July 30, 2024 Update

Freightos

The storm sank a cargo ship off the coast of Taiwan and grounded several others. And if peak volumes are already on their way, US West Coast ports report being ready for them or any other surge including a possible shift of volumes away from the East Coast in the event of a strike in October. Prices out of S. Asia dipped 8% to N.

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Milestone: Freightos Celebrates One Million Transactions!

Freightos

Aimee Loshinsky January 25, 2024 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo In Freightos Q4 2023 KPI press release , we announced that the company surpassed one million bookings across the platform in 2023. Freight is digitizing itself now at real scale.

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Near-real-time data-driven route optimization best practices

FreightWaves SONAR

As highlighted by FleetOwner , traffic jams, vehicle problems, major weather events, customs and border issues and construction projects can delay delivery and disrupt normal transportation flow. Find out more about how your organization can gain those lane-level insights by requesting a demo of FreightWaves SONAR SCI Lane Acuity today.