Indian Transport & Logistics

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Freightos introduces index linking for freight contracts

25 Feb 2025 12:30 PM IST
Index linking based on Freightos’s indices, the Freightos Baltic Index (FBX) and the Freightos Air Index (FAX).

Port of Los Angeles set to cross 10 million TEUs in 2024

18 Dec 2024 2:55 PM IST
Record year of 9.6 million containers within reach for 2024 at Port of Long Beach.

Trump win & supply chain "pull forward"

6 Nov 2024 5:15 PM IST
Anticipation of higher tariffs may lead importers to pull forward shipments, creating a preemptive freight frenzy.

Biden asks ocean carriers to present "fair offer," backs port workers

2 Oct 2024 1:06 PM IST
"Now is not the time for carriers to refuse to negotiate a fair wage for workers while raking in record profits."

Freightos acquires freight tender procurement platform Shipsta

19 Aug 2024 6:39 PM IST
Acquisition pairs Freightos’s spot offering with Shipsta’s best-of-breed tender management platform.

Ocean spot rates spike on Red Sea diversions, increasing demand

5 Jun 2024 3:38 PM IST
Demand for ocean freight out of Asia picked up early in May, reflecting possible start of restocking in Europe

2023 schedule reliability up 19.5ppts; Drewry WCI down 4%

4 Feb 2024 11:00 AM IST
Drewry 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 8:00 PM IST
About 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 5:02 PM IST
Freight 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 12:35 PM IST
U.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 3:15 PM IST
MSC 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 12:23 PM IST
~920,000 TEUs have diverted south of Africa & another ~1,002,000 are delayed in Suez area: Anders Schulze, Flexport
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