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2023 schedule reliability up 19.5ppts; Drewry WCI down 4%
4 Feb 2024 5:30 AM GMTDrewry World Container Index (WCI) declined four percent to $3,824 per 40ft container to the week of February 1, 2024
Red Sea diversions worry 60% SMB importers: Freightos
23 Jan 2024 2:30 PM GMTAbout 48% expect to increase shipments in weeks ahead of Lunar New Year, suggesting re-stocking has already begun
U.S., allies warn Houthis, call for immediate end to Red Sea attacks
4 Jan 2024 11:32 AM GMTFreight rates nearly double but carriers have capacity to address diversions & longer voyages compared to pandemic yrs
#RedSeaConflict: Drone attacks continue, no ships hit
29 Dec 2023 7:05 AM GMTU.S. Navy shot down one drone, one anti-ship missile on Dec 28; MSC, Hapag continue to divert ships
#RedSeaImpact: Spot rates zoom, longer lead times ahead
22 Dec 2023 9:45 AM GMTMSC introduces a new acronym - contingency adjustment charge (CAC), Maersk, CMA CGM announce diversions
U.S. Navy to "secure" Red Sea passage, uncertainty increases
19 Dec 2023 6:53 AM GMT~920,000 TEUs have diverted south of Africa & another ~1,002,000 are delayed in Suez area: Anders Schulze, Flexport
Israel-Palestine war: Shipping business as usual, till now
17 Oct 2023 9:55 AM GMTMajor carriers continue to accept bookings in Israel even as the Israel-Palestine war enters its second week
Container shipping nears turning point: Container xChange
19 Sep 2023 7:07 AM GMTCarriers adopt slow steaming to manage tonnage; cost of moving empty containers, especially to Asia, remains significant
Panama Canal restrictions draw mixed reactions
24 Aug 2023 8:24 AM GMTWhile restrictions could impact Christmas stocks, shippers diverting containers via Suez have been minimal
“We brought ocean, air, transit times and industry events data to a single platform”
24 Jun 2023 12:45 PM GMTZvi Schreiber, Founder & CEO, Freightos sat down with STAT Media Group last month during the air cargo Europe in Munich Germany just after the...
Freightos 2022 transactions zoom 154%, business value up 100%
12 Jan 2023 2:47 PM GMTGrowth supported by increase in demand (users booking across the platform) and supply (carriers offering services)
Slowdown to continue post-LNY, says Freightos
29 Dec 2022 8:10 AM GMTPrices to U.S. East Coast fall on easing demand and congestion; rate of decline slows in December