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October 22, 2024 Update

Freightos

Though ocean volumes are past their peak for the year, the typical Q4 air cargo peak season should heat up soon. Freight news travels faster than cargo Get industry-leading insights in your inbox. Freightos Air index data shows Middle East – N. America rates have increased 35% since mid-September to $3.17/kg,

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October 15, 2024 Update

Freightos

In air cargo, Freightos Air Index data shows that transpacific air cargo rates that had jumped to $7.07/kg The importing of low-cost goods directly to consumers by high cost air cargo is mostly facilitated by the de minimis exception which exempts small imports from customs costs and rigorous and expensive filing requirements.

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November 7, 2023 Update

Freightos

Judah Levine Optimize your logistics tendering, vendor selection, negotiations, and procurement Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 3% to $1,609/FEU. Freight news travels faster than cargo Get industry-leading insights in your inbox.

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April 16, 2024 Update

Freightos

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. America even during these typically slow months for air cargo. Freight news travels faster than cargo Get industry-leading insights in your inbox.

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January 16, 2024 Update

Freightos

Judah Levine January 16, 2024 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 5% to $2,588/FEU. Asia-US East Coast prices (FBX03 Weekly) climbed 7% to $4,278/FEU.

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June 4, 2024 Update

Freightos

A recent Freightos Group survey of more than fifty logistics professionals found that since early May, nearly 70% of BCOs and forwarders with long term ocean contracts have had containers rolled or pushed to the spot market, or are facing contract renegotiations with carriers to increase their long term rate levels.

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November 19, 2024 Update

Freightos

In air cargo, Middle East – N. But carriers and forwarders report that though they remain very busy, they aren’t seeing peak conditions yet , and may not see much worse than current conditions as shippers planned and adjusted in advance to avoid peak season air cargo chaos. kg, a high for the year.