Freightos

The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.

Southern California has become the hot spot for freight in the post COVID-19 freight market. Could it be the region to tell us what’s next?

Although “Containers Don’t Lie,” the story they are telling may not reveal the entire picture.

American Airlines Cargo has not slowed implementation of the IBS Software iCargo platform since last October, despite the upheaval from the COVID-19 pandemic.

Learn more at SONAR.FreightWaves.com.

Here it comes: Ports will soon feel full force of canceled box-ship sailings.

Learn more at SONAR.FreightWaves.com.

No collapse yet for ocean container spot rates. In fact, they’re up.

Canceled sailings surge, schedule reliability sinks and import demand evaporates.

China-to-U.S. box rates are losing steam after last week’s rise.

Companies from all corners of the freight ecosystem are beginning to implement layoffs as an economic downturn starts to take hold.

As fewer ships arrive from China, there’s less capacity and equipment for U.S. and European container exports.

Ocean, intermodal and trucking data are flashing red. Don’t worry — DAT just made a bullish call on spot rates.

Cost to ship containers from China is down 6-8% but dearth of cargo may limit discounts.

No evidence yet of a rush to expedite exports ahead of feared price increase.

Coronavirus is not yet affecting rates, but it is influencing where U.S. importers look to source cargo.

Big one-day drop comes on heels of more restrictions for vessel calls, and concerns about slower demand.

Eight-year-old company working with storied shipping group to make indices available for financial products

Pricing data implies pendulum is swinging even more toward East Coast ports at expense of West Coast.

Still too early to confirm coronavirus fallout in trans-Pacific freight pricing data.

High number of canceled sailings butts up against post-holiday restocking demand in the U.S.

A global container index offers a big-picture perspective on the worldwide supply/demand balance.

Despite all the mergers and all the alliances, ocean container rates are still lower than they were seven years ago.

Traditional U.S. import rush prior to Chinese holiday is subdued in 2020.

But an undercover survey finds that traditional forwarders face increased pressure from container lines and digital forwarders.

Index data appears to show that IMO 2020 fuel costs are being passed along to box shippers.

Carriers are “jacking up” spot rates to improve their negotiating hands with shippers as they agree pricing for IMO 2020 fuel bills and long-term Asia-Europe contracts.

The shift of production from China to southeast Asia is unlikely to stop the trans-Pacific container market from declining this year.

Logging onto an air cargo web site to book space for your shipment is so 2010s. Forwarders and airlines looking for speed and efficiency are plugging directly into each other’s systems to match loads.

Freight data confirms that container lines are increasing their flows to the U.S. East Coast at the expense of California ports.

Data reveals how container pricing may have suffered collateral damage from the trade war.

After first half surge, the back-end of November is weakening after the last U.S. freight surge.

Freightos, the world’s largest freight marketplace, sees transparent pricing of international freight benefiting shippers and forwarders alike.

China-to-California box rates are up 16% from October lows, but are still down 43% year-on-year.

The maritime sector, which is undergoing profound changes, will be spotlighted at the upcoming FreightWaves LIVE event.

With spot container freight rates continuing to tumble, carriers are forecast to withdraw more capacity ahead of annual contract negotiations with shippers.

The autumn peak season will be over before you know it. Trans-Pacific container rates have yet to budge.

Could new tariffs derail solid rate performance in the trans-Atlantic trade?

Data confirms that U.S. importers are increasingly opting to bring Asian cargoes into East Coast ports.

China‘s largest freight forwarder will use WebCargo platform to bring rates and capacity online.

Forwarders and ocean carriers are betting a major holiday in Asia and seasonal inventory building at U.S. retailers will provide a boost to container shipping rates. Despite the short-term bump, […]

Sanguine outlook could flip, but retailers look well stocked ahead of peak season.

Freightos CEO and serial entrepreneur Zvi Schreiber ventures onto FreightWaves Insiders this week to discuss: Freightos’ new deal with a major airline that has the company soaring, the dangers of […]

Freightos, the software as a service (SaaS) platform for the freight industry, is building an online pricing and booking platform for air cargo for one the biggest airlines in the […]

Freightos will offer real-time quotes and booking on Europe’s third-largest air carrier as part of the company’s growing online freight marketplace. IAG Group, the holding company for British Airways and […]

As U.S.-China trade tensions escalate, data appears to be pointing to a volume slowdown.

The U.S.-China trade talks throw another curveball at shippers and leave no time to move containers ahead of new tariffs. Market experts see no quick relief at hand, and the […]

A five-month drought in Panama has reduced freight carrying capacity of the country’s canal of ocean carriers by nearly one-fifth. It’s also giving an unseasonal boost to shipping rates for […]

The raise adds to the flurry of activity that has hit the digital freight forwarding space since the beginning of 2019.

FreightWaves adds air temperature information as well as new fleet count data.

World’s largest ocean freight forwarder adds money-back guarantee and carbon offset to what is now considered ‘table stakes’ in ocean freight.

WebCargo by Freightos has acquired India-based Air Freight Bazaar, with the intent of expanding its footstep in global air cargo digitalization.

Plus: Amazon acquires warehouse robotics startup; Germany reckons with electric vehicles

NYSHEX looks to bring in other trade lanes to its platform while Freightos sees ocean shipping outmatching other modes in digital drive.

project44’s Jett McCandless, KeepTruckin’s Ori Franco, Transfix’s Drew McElroy, and Freightos’ Philip von Mecklenburg-Blumenthal were all panelists.

New service aims to provide smaller shippers more certainty when booking ocean freight.

The Panama spread (FBX.PANA) widened last night when Freightos released new container rates for this week: rates from China to the American East Coast (FBX.CNAE) climbed to $3,683, while rates to the West Coast (FBX.CNAW) fell slightly to $2,527.

The North Carolina Department of Transportation says not to travel in or to the state; Walmart grabs a 200K square foot foothold in NYC; the IMF says British economy will contract if no deal on Brexit; Freightos raises $45M; global seaborne coal trade grows 4%; Tesla’s having a hard time delivering cars.

Freightos raised an additional $44.4 million in a third round of funding, led by the Singapore Exchange, as it seeks to expand into risk management tools for container shipping.

The Freightos Baltic Container Price Index shows the volatility of container prices out of China to the North American West Coast as importers try to adjust to a new era of global trade.

High capacity, steady rise in oil prices, a weaker U.S. dollar and a dull spot market had sunken margins of shipping majors in Q1 2018.

China-U.S. ocean freight rates have been falling continuously for the record 32nd week, in the wake of the Chinese New Year and a continous surge in capacity. 

Despite its consistent growth, international trade is very fragmented with small businesses accounting for 1/3rd of U.S. imports. So how would freight movement be for such companies in the future?

It is estimated that international trade-related freight transport accounts for nearly one-third of the total emissions across the world. Such situations call for innovation in the freight industry that could help mitigate carbon footprint through optimizing fuel consumption and improving operational efficiency.