freightos
Shipping lines are rushing to divert vessels away from the Middle East following US strikes on Iran and retaliatory attacks on neighbouring countries.
Following reported attacks on oil tankers in the Strait of Hormuz and a warning by the Iranian Revolutionary Guard Corps that the waterway is unsafe, major container carriers including Maersk, Hapag-Lloyd, MSC and CMA CGM have halted services there and diverting vessels away from the waterway and region, ...
[+]
Freightos has launched Freightos Enterprise, an end-to-end freight procurement platform built to help importers, exporters, and forwarders future-proof their supply chains, in response to the new US tariffs and other trade disruptions.
Rather than managing spot or contract freight in isolation, Freightos Enterprise connects the full procurement cycle—from sourcing and benchmarking ...
[+]
US plans to impose port call fees of $500,000-$1.5m on Chinese carriers, vessels or carriers with Chinese vessels in their fleet or orderbook could disrupt the global supply chain, warns the Freightos online marketplace.
A comment period on the proposal is due to end with a hearing on 24 March after ...
[+]
Judah Levine, head of research at the Freightos platform says that Donald Trump’s victory in the US presidential elections could have an effect on supply chains even before he takes office.
The president-to-be is known to be in favour of stiff tariffs on overseas imports, especially those from China and anticipation ...
[+]
The Freightos digital booking and payment platform said it handled over a million transactions in 2023 in its full-year results, published on 26 February. It achieved a record 287,0000 transactions in the fourth quarter of 2023, up 36% year over year, concluding the year with 1,025,000 transactions which it said ...
[+]
The Freightos booking and payment platform has unveiled Freightos Terminal, a dashboard that provides industry stakeholders with the data and market updates, trends and insights.
It aims to help logistics professionals optimise their international shipping and keep supply chains running smoothly and cost-effectively.
It builds on the Freightos Baltic Index (FBX) of ...
[+]
The Freightos booking and payment platform is to list on the US NASDAQ exchange following the closing of its business combination with Gesher Acquisition Corporation. Freightos connects airlines, liner shipping companies, trucking companies and freight forwarders with over 10,000 importers and exporters, offering rate comparison, booking, payment, and shipment management.
[+]
Digital cargo booking platform Freightos is releasing a free carbon calculator that forwarders and shippers can use to estimate and lower their emissions before booking. It allows them to calculate and compare emissions across shipping routes, both in order to support reporting requirements as well as to help proactively reduce ...
[+]
Operations at the port of Ningbo in China are recovering much quicker than feared following a covid oubreak, reports the Freightos online marketplace.
Despite fears of a Yantian repeat – where a coronavirus outbreak significantly hindered operations for three weeks – disruptions at Ningbo following one port worker’s positive test ...
[+]
A fifth of all peak season shipments require additional fees while around a quarter of shipments fail to make the first available sailing, according to a survey by the Freightos online marketplace.
Freightos surveyed decision makers at some80 logistics providers and cargo owners to find out how they manage ocean ...
[+]
More »