Skip to main content
Women's Wear Daily Beauty Inc
Footwear News Sourcing Journal
SUSTAINABILITY SUMMIT: PROMISES VS. PROGRESS Buy tickets to join us April 25

Freightos

A week after digital freight booking marketplace Freightos went public, freight rate management platform Freightify secured $12 million in funding.

Money is Funneling into these Freight Tech Firms

The Freightos Baltic Global index fell 7 percent to $8,747 per FEU in April, driven by the slowdown of available exports out of China.

April’s Ocean Freight Fees Fell 7% But Pressure on Spot Rates Is Coming

Despite the war in Ukraine and Covid lockdowns in China, the Freightos Baltic Global Index was largely stable in March.

Ocean Freight Rates Ease but Fog of War Darkens Outlook

A Flexport executive explains why "disruptions are imminent" in the wake of China's zero-Covid stance hampering operations at key ports.

‘Further Price Hikes and Deeper Delays’: Latest Look at Lockdowns and Logistics

Six new futures contracts scheduled to start trading in February are designed to hedge the risk of ocean freight rates, and mitigate some of the volatility that importers and shippers have faced as they attempt to secure tighter container capacity.

Why Futures Contracts May Be the Key to Stabilizing Freight Rates

The Freightos Baltic Global Container Index climbed 6 percent in February to $4,295 per FEU, driven by surging volume from Asia to the U.S.

Here’s When Experts Expect Port Congestion to Ease

Rising global demand for Chinese-made goods is driving a shortage of shipping containers, spiking ocean freight costs and clogging ports.

Importers Feel the Heat of Skyrocketing Shipping Container Costs

With China's coronavirus cases rising and the Lunar New Year ahead, a perfect storm could be brewing for apparel brands sourcing there.

Perfect Storm? China Sees First Covid Death Since May as 22 Million Locked Down and Lunar New Year Looms

The Freightos Baltic Global Container Index, tracking ocean freight rates, climbed 38 percent in December to a new high of $3,377 per FEU.

High Freight Rates the ‘New Norm’ in Global Ocean Transport

Copyright © 2023 Penske Business Media, LLC. All Rights reserved.

Powered by WordPress.com VIP
ad