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Tag: Freightos

Savvy lines act to protect cash flow

Shipping lines have learned the lessons of the substantial fall in demand experienced during the financial crisis in 2008/9 and have managed capacity in...

Blanked sailings rise more than 400% in a week

Over the course of the next few weeks carriers will know what kind of losses they will make over the course of the year,...

Demand a concern as supply undergoes rapid recovery

Freight rates on the world’s two biggest routes, the Pacific and Asia/Europe trades, are on their way up as China’s manufacturing sector returns with...

Freightos: Supply chain is starting to recuperate

A spike in intra-Asia air cargo rates is an indication that China’s manufacturing industry is ramping up its businesses again following the extended Lunar...

Rates are up as China returns to work

Online freight index, Feightos, has confirmed that as quarantine periods have come to a close staff have returned to work in Chinese factories with...

CMA CGM and Freightos sign agreement

CMA CGM becomes the first ocean carrier listed on Freightos Direct digital sales, booking, and shipment management on CMA CGM key transpacific trade...

Freightos raises $44.4m in funding

Freightos, a marketplace for logistics providers, announced today that it has raised a $44.4 million Series C led by Singapore Exchange. Returning investors including...
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Hapag-Lloyd applies GRI on Pakistan–Middle East trade lanes

Hapag-Lloyd has announced a General Rate Increase (GRI) from Pakistan to the Arabian Gulf, Saudi Arabia (Eastern and Western Provinces), Jordan and Yemen, and...

Wan Hai Lines debuts new Vietnam–Thailand–India direct route

Wan Hai Lines has announced a new direct service, the Tamil Nadu–Thailand Express (TTX) service, with the first vessel arriving at India's Chennai and...

Red Sea Eases, but Carriers Wary as Suez Canal Pushes for Return

As the haze begins to lift over the troubled waters of the Red Sea, the Suez Canal Authority (SCA) is carefully balancing reassurance with...

MSC and ZIM downsize joint Far East-US East Coast service network

In response to the recent changes in demand for cargo transport from Asia to the United States, MSC and ZIM have decided to adjust...
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