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Containerized shipping joins modern financial world with CME futures
In the late 1970s, McDonalds set out to launch Chicken McNuggets. But they ran into a pricing challenge; consumers hate price changes (at least, price increases) and like most commodities, the cost of chicken changes....
How rate transparency grows SMBs: Introducing the FBA Index
2020 was a critical year for small importers. Even before this year, 97% of US importers are small businesses, bringing in about $50 billion in imports. Of course, COVID-19 has accelerated this trend, with more...
Freightos Collaborates with Thomson Reuters
Thomson Reuters customers will now benefit from on-demand Freightos International Freight Index (FIFI) data on Eikon March 19, 2018, London – Global freight indexes provided by the online freight marketplace Freightos are now available on Thomson Reuters flagship...
The Rise of the Small and Midsize Freight Customer
Amazon is frequently referenced as a force of logistics disruption. But it has also cultivated the growth of one of the most lucrative international freight target markets. Small and midsize businesses may not have been logistics providers’...
How Far Will Ocean Freight Rates Fall?: Freight Rate Update W9
Weekly update article on the Freightos International Freight Index exploring rate trends and their driving forces. Factory production and port activity have now returned to normal in China following the New Year (CNY) shutdown. With air freight...
Stable Prices In Advance Of CNY Shutdown: Freight Rate Update W6
Weekly update article on the Freightos International Freight Index exploring rate trends and their driving forces. The week-long Chinese New Year holiday shutdown starts this week. Rates though have stabilized rather than rising – an indication that...
Unsustainable Stability: The Data Behind International Freight in 2017
For international freight rates, 2016 was a year of freight instability. First the bottom dropped out of the spot market. The largest casualty of this, the Hanjin collapse, finally got prices rising again, rescuing peak season for...
Prices Set To Ramp Up For Chinese New Year: Freight Rate Update W2
Weekly update article on the Freightos International Freight Index exploring rate trends and their driving forces. 2018 started with China-US ocean freight prices increasing by 27% as supply chains came back into full swing. Following brief dips...
Supply Chains (And Freight Rates) Crank Up Again: Freight Rate Update W1
Weekly update article on the Freightos International Freight Index exploring rate trends and their driving forces. As supply chains crank back into action following the vacation, the January ocean freight GRI (General Rate Increase) stuck, with China-US...
Year Ends On A High For Air & Ocean Rates: Freight Rate Update W51
Weekly update article on the Freightos International Freight Index exploring rate trends and their driving forces. Against a background of IATA’s estimated 9.3% growth in world cargo volumes for 2017, air freight rates have been dramatically up...