Market Updates

logistics market update august 2023

Freight Market Update: August 2023

Monthly Highlights Lower The Panama Canal Authority is Imposing Greater Water RestrictionsFreight Rates Entail Carriers Doing More With Less Due to climate conditions such as El Nino and poor rainfall, the Panama Canal Authority…
market update july 2023

Freight Market Update: July 2023

Monthly Highlights Lower Freight Rates Entail Carriers Doing More With Less Since 2021, global container freight rates have plummeted, and carriers are doing more with less. As airlines cut expenses, liner consolidation has…

Freight Market Update: June 2023

Monthly Highlights Retailers Are Attempting To Adjust Their Supply-Chain Projections. Retailers are actively striving to enhance supply chain forecasting in order to reduce disruptions and better satisfy customer needs. Traditional…

Freight Market Update: May 2023

Monthly Highlights Growing Freight Fraud is Peeling Millions From the U.S. Shipping Market Millions of dollars are being lost every year due to freight fraud in the United States shipping market. False pickups, falsified paperwork,…

Freight Market Update: April 2023

Monthly Highlights Chatbots Are Stepping Toward Supply Chains Chatbots are increasingly used in supply chain management because they allow businesses to have an automated way of communicating with their suppliers, saving both parties…

Freight Market Update: March 2023

Monthly Highlights Cargo Growth Forecasts Drastically Reduced By Freightos Freightos, the Israel-based online freight booking platform, has slashed its growth forecasts due to declining cargo volumes and freight rates, with revenue…

Freight Market Update: February 2023

Monthly Highlights The US East Coast is still as popular as last year, despite a bit of shifting away from it because of the release in Covid-related port congestion on the US West Coast. Prices have gone down a bit, but they reached…

Freight Market Update: January 2023

Monthly highlights: As a result of the high demand and effect of the Chinese New Year, air freight rates have increased around by %10. After the Chinese New Year period air market returns to a slack condition. The Chinese government…

Freight Market Update: December 2022

Ocean rates on Asia - US West Coast lanes dip below 2019 levels Monthly highlights: US ocean import volumes have dropped to a level 12% lower than a year ago. This lowered demand and easing congestion continue to lower shipping…

Freight Market Update: November 2022

Ocean Freight Market Update Asia to North America Rates are expected to remain low for the foreseeable future. The U.S.’s Transpacific East Bound (TPEB) demand is still quite flat despite the planned blank sailings through Week…