FREIGHTOS IN THE NEWS

Freightos on verge of creating a ‘digital revolution’ for international shipping industry: Dr. Zvi Schreiber

JetBlue Cargo, operated by AeroNex Cargo to go the digital route for US forwarders via WebCargo

Shipping Platform Freightos Goes Public in SPAC Deal

Jerusalem’s Freightos To Go Public In $500 Million SPAC Merger

Global shipping costs are returning to pre-pandemic levels

MAGGIE PAGANO: Peak inflation may have passed but Government still has much to do to restore confidence

Holiday Anxiety Is Peaking at US Local Shops Worried About Demand

Consumer demand may halt declining shipping container prices, experts say

Book and Pay Experience Transforming Global Logistics

Ocean freight rates are down, so why aren’t prices on shelves dropping?

How forwarders are looking at the future

Hedging contracts in supply-chain chaos

100 days to Christmas: Deals start early as supply chain eases

Biden Maneuvers to Try to Avoid Devastating Rail Strike

Savannah port tackles data visibility with new terminal operating system

Shipping rates plunge as experts say ‘unprecedented’ boom has peaked

Economic Research: Emerging Markets Real-Time Data: Mixed Picture Amid Higher Prices And Tighter Financial Conditions

Ocean Shipping Rates Have Plunged 60% This Year

One chart shows where your spending power is dwindling the fastest in the world’s biggest economies from the US to Japan

If Factories Don’t Return to US Now, They Never Will

ZIM Integrated: Not Quite 40% Yield, Yet Uber-Profitable And Undervalued

Instant booking is competitive necessity for forwarders, says Freightos CEO

Workers at Britain’s Peel Port vote to strike

Inflation Slows as Economy Cools, Offering a Reprieve

Air freight demand grows even as supply bottlenecks ease

Supply chain: ‘We are seeing more shifts’ to America’s East Coast

There are 3 major signs inflation may have peaked — but they don’t mean things are going to get cheaper right away

Shipping costs head back to earth

Container freight rates weaken as demand starts to drop

There’s a massive pile-up of car, furniture exports bound for U.S. and it’s spreading across European ports

Shock for carriers as spot rates fall below long-term contract prices

Container spot rates duck below long-term rates on the transpacific

South American cargo airline joins Freightos e-booking platform

Inflation Cuts Online Fashion Down to Size

Freightos goes live with digital forwarder, airline payments on WebCargo

Shanghai lockdown exposes global supply chain strains

Freightos launches carbon calculator

We’ve reached a tipping point in adoption of air cargo digitalization

Airfreight forwarders still rely on the spot market, despite controlling capacity

Economic chaos from China forces British companies to reshape supply chains

Shanghai’s Plan to Reboot the Supply Chain Will Hit Workers Hardest

Shanghai port congestion grows as lockdown continues

Carriers using digital tools to broaden shipper reach: Freightos

45 cities in China are in some sort of COVID lockdown. Here’s the toll that’s taking

Chinese carriers are shipping more empty containers than full ones out of U.S. West Coast ports

Lockdowns in Shanghai and other Chinese cities pose a growing threat to the economy

The Pandemic’s Nerd Celebrities

Lockdowns in China Block Truck Shipments and Close Factories

How Bad Are Supply-Chain Delays? So Bad That Companies Are Already Placing Holiday Orders

This Is What Happens When Globalization Breaks Down

Money Talks: War of Interdependence

Here’s how the new Covid lockdowns in China are impacting the global supply chain

Brace for delays to your Amazon and Walmart orders, trade official warns

China shutdowns threaten supply chain

The five charts that tell you why your shopping is going to cost more

How the Russia-Ukraine war is worsening shipping snarls and pushing up freight rates

Ukraine conflict could send global shipping costs surging

Putin’s War in Ukraine Will Make Your Next Car Even More Expensive

First trade in container futures heralds new market

American Airlines Cargo joins WebCargo booking platform

Amazon and Maersk are setting up a fight for the world’s supply chains

Major Freight Forwarders Suspend Russia Services

FBX launch on CME

FACT SHEET: Lowering Prices and Leveling the Playing Field in Ocean Shipping

Pandemic legacy: Israeli company transforms jets for cargo

GSCW chat: Freightos’ digital platform connects supply chain through data, pricing

‘Exceptionally challenging’: how rising shipping costs hit UK firms

How Peloton fell prey to the ‘bullwhip effect’ after spending the past year building up its supply chain

Seattle’s new ship terminal poised to unclog the West Coast supply chain backup

Air Canada is gearing up for a new phase of the pandemic

7LFreight becomes a part of Freightos Group

WebCargo, the world’s largest air cargo booking platform just got bigger.

New Studies Find Unprecedented Impact from Supply-Chain Turmoil

Integrated Offerings – Massive Carriers To Become Giants

All eyes on the Transpacific as container rates look set to rise again

Redwood sees integrations as path through supply chain roadblocks

Journal of Commerce covers Redwoods Logistics integration with Freightos’ Freight-as-a-Service APIs.

Digital freight players aim for visibility amid container shipping crunch

Freightos Group CEO, Zvi Schreiber, is interviewed by TradeWinds on the digitzation of the freight industry.

Shortages, not shipping costs, are driving up the price of holiday gifts

Quartz quoted Freightos research on increased price tags on consumer goods due to the increase in supplier freight costs.

Air freight takes off as companies try to dodge supply chain pain

Camilo Garcia, WebCargo executive, is quoted on the shift some businesses are making from ocean freight to air freight.

Press Briefing by Press Secretary Jen Psaki, November 19, 2021

Freightos data was quoted in the White House press briefing to illustrate the end of peak season.

No, the supply chain isn’t because American consumers are buying too much

This article by Freightos CMO, Eytan Buchman, expands on the current supply chain disruptions

Digital bookings revolutionize red-hot market for air freight

Bloomberg uses WebCargo’s advancement over the past year and a half as an example for how air cargo is embracing digitalization.

U.S. retailers suffer shortages before holiday season

Nikkei Asia quotes Freightos data that ocean freight costs have jumped more than 10X from pre-pandemic levels

Ocean shipping rates fall but ports are still jammed

Freightos Head of Research, Judah Levine is quoted on the decline in freight rates.

As supply lines strain, some corporations rewrite production playbook

As The Washington Post explore supply chain disruptions, the Freightos Baltic Index is cited as a data point for freight prices.

Ships keep coming, pushing US port logjam and waits to records

Bloomberg references Freightos freight rate data, which is fivefold from last year.

Supply chain disruptions continued to fuel price increases in October.

The New York Times cites Freightos data on transit times for freight as well as the increase in consumer pricing due to the increased cost of ocean freight.

How your online shopping and COVID-19 clogged the supply chain

In this CNET interview with Freightos Group CEO, Zvi Schreiber, he explains the factors that led to the supply chain crisis and how it might end.

Lost in Transit: Major Delays Plague China-U.S. Shipping

Statista references Freightos group analysis and data in this article on shipping delays.

Anxious European importers turn to trucks to get Chinese goods

Nikkei Asia references Freightos Baltic Index elevated freight rates in exploring European imports from Asia.

100 Stranded Ships, 10-Week Delays And 8 Million Unmade Cars: A Look At America’s Supply Chain Woes

Freightos Data illustrates the steep increase in freight cost from October 2019 to October 2021 in the Forbes article.

What’s plaguing the American economy? According to the Fed, it’s shortages

The Economist compares current high freight rates provided by Freightos to freight rates from one year ago.

The 4 things logistics experts are looking at to know when the supply chain crisis will end

Freightos Group CMO, Eytan Buchman, talks to Business Insider about the factors involved in the supply chain crisis.

Port Gridlock Stretches Supply Lines Thin in Blow for Economies

Judah Levine, Freightos Group Head of Research, explains to Bloomberg that even if supply stains ease in China, backlogs at US West Coast ports may persist

Will supply chain delays impact holiday shopping? Port of LA director says start buying now

ABC quotes Freightos data on the price of shipping a container from China to the US West Coast in October 2021 compared to October 2019.

Supply chain crisis has voters on edge

Meet the Press compares 2021 and 2019 freight transit times, provided by Freightos

The waiting game: where are the world’s worst port delays?

The Financial Times uses freight rates from the Freightos Baltic Index to illustrate how port backlogs are contributing to higher freight prices.

How Biden plans to combat ‘longstanding weaknesses’ in American supply chain

A day after President Biden addressed the supply chain crisis, PBS quotes the Freightos Baltic Index prices from China to the US West Coast in explaining the factors leading to disruption.

Freightos Data launches Freightos Air Index

Freightos Data launches an air cargo index based on transactional air cargo prices to provide industry transparency and support decision making.

It’s already too late to ship goods to the US in time for Christmas

Quartz uses Freightos data on door-to-door transit times to calculate whether importers can get customers holiday presents on time.

Container shipping rates drift lower after a record-setting climb

Judah Levine, Freightos Group’s Head of Research, is quoted by Bloomberg on the softening of freight prices, as depicted by the Freightos Baltic Index.

Freight rates drop on popular shipping routes in sign that supply chains normalise soon

The Institute of Export & International Trade references Freightos data to signal the first drop in freight prices since August.

The creative ways retailers are trying to sidestep shipping delays, from Home Depot flying in power tools to Coca-Cola chartering bulk vessels used for coal

Amid record-high container shipping rates, Business Insider explores how companies have adapted and cites Freightos on the tranditional price difference between ocean and air freight.

You shopped like never before. The supply chain couldn't handle it

CNET references Freightos data compiled on lengthy transit times for ocean freight.

You shopped like never before. The supply chain couldn’t handle it

CNET references Freightos data compiled on lengthy transit times for ocean freight.

Rising shipping costs are companies’ latest inflation riddle

As freight rates top $20,000, the Freightos Baltic Index is cited as being five times higher year on year and 14 times higher than the same time in 2019.

Executives warn customers to brace for continued shortages and price hikes in 2022: 'I half-jokingly tell people, "Order your Christmas presents now"'

As freight rates peak, Freightos Group’s Head of Research, Judah Levine, tells Business Insider that shipping prices from Asia to the US are 500% higher year-on-year

Executives warn customers to brace for continued shortages and price hikes in 2022: ‘I half-jokingly tell people, “Order your Christmas presents now”‘

As freight rates peak, Freightos Group’s Head of Research, Judah Levine, tells Business Insider that shipping prices from Asia to the US are 500% higher year-on-year

A perfect storm for container shipping

Freightos Group CMO, Eytan Buchman, is quoted by the Economist on the supply chain crisis and increased door-to-door shipping times.

French shipping line CMA CGM caps freight rates amid market turmoil

The Financial Times references historically high freight prices as recorded by Freightos Data.

How the pandemic turned humble shipping containers into the hottest items on the planet

The Freightos Baltic Index spot rates across lanes are featured in this CNN article on shipping prices

Order your Christmas presents now – the shipping crisis isn't ending anytime soon

Freightos Group CMO, Eytan Buchman breaks down the factors leading to the shipping crisis and how it might end.

Order your Christmas presents now – the shipping crisis isn’t ending anytime soon

Freightos Group CMO, Eytan Buchman breaks down the factors leading to the shipping crisis and how it might end.

Mazda shuts down plants as cargo flights from Shanghai dry up

As some airports in China are being impacted by COVID outbreaks, Freightwaves cites Freightos data showing that air freight rates have jumped 15% to 25% in the past week, double what they were a year ago.

What an adult tricycle says about the world’s bottleneck problems

The New York Times cites Freightos data for why certain ships would be more interested in sticking with more lucrative routes

What an adult tricycle says about the world's bottleneck problems

The New York Times cites Freightos data for why certain ships would be more interested in sticking with more lucrative routes

Chinese ports choke over ‘zero tolerance’ COVID-19 policy

With COVID-related shutdowns impacting supply chains in China, Reuters refers to the record-high freight rates seen on the Freightos Baltic Index (FBX)

Chinese ports choke over 'zero tolerance' COVID-19 policy

With COVID-related shutdowns impacting supply chains in China, Reuters refers to the record-high freight rates seen on the Freightos Baltic Index (FBX)

How the global shipping crisis could ruin the holidays

The Freightos Baltic Index shows that freight prices are trending upwards due to the ongoing shipping crisis

Ningbo: Global supply fears as China partly shuts major port

Amid ongoing supply chain disruptions, Ninbgo’s partial shutdown leads the BBC to wonder how it will impact already sky high freight rates according to the Freightos Baltic Index (FBX)

China’s zero-Covid policy is so strict that it shut down a whole shipping terminal after just one case

With the port of Ningbo shutting down due to a COVID outbreak, CNBC cites skyrocketing Freightos Baltic Index (FBX) rates as a byproduct of shipping delays this year.

China's zero-Covid policy is so strict that it shut down a whole shipping terminal after just one case

With the port of Ningbo shutting down due to a COVID outbreak, CNBC cites skyrocketing Freightos Baltic Index (FBX) rates as a byproduct of shipping delays this year.

China-US container shipping rates sail past 20,000 to record

Reuters cites Freightos data in regards to container spot prices having climbed 500% in one year

EL AL Cargo Accelerates Digital Air Cargo (DAC) Adoption via WebCargo

WebCargo offers more airline capacity to forwarders through EL AL partnership

Outlook: Shipping Container Rates To Remain Elevated Into 2022 As US Demand Outpaces Capacity

Freightos webinar panelists predict freight rates will remain elevated beyond Lunar New Year in 2022

The CEO Of A Freight-Booking Company Explains The Reason Behind Shipping Delays

Business Insider quotes Freightos Group CEO, Zvi Schreiber on how a descrease in goods consumption could lead to an end in shipping delays

Biden Targets High Shipping Costs as Pandemic Ravages Global Supply Chains

The Washington Post cites FBX prices reaching historic highs this year due to pandemic-related causes, and how low rates have been in previous years

“Could Take A Few Years for Ships to Catch Up to Demand”

Catch Zvi Schreiber, the CEO of the Freightos Group, on Bloomberg’s “What’d You Miss” sounding off on the unprecedented spike in global freight demand, how it might end, and when exactly that will be.

"Could Take A Few Years for Ships to Catch Up to Demand"

Catch Zvi Schreiber, the CEO of the Freightos Group, on Bloomberg’s “What’d You Miss” sounding off on the unprecedented spike in global freight demand, how it might end, and when exactly that will be.

Shipping Delays and Higher Rates Get Small Businesses Jammed Up

Freightos data shows shipping prices from China-US up 344% since Jan 2020, and prices from Asia-Europe up 130% since Jan 2021, greatly impacting small businesses.

U.S. Worker-Aid Plan Is Casualty as Trade Deal Fast-Track Ends

Freightos.com chart depicts the average increase in port-to-port transit time for freight booked on Freightos marketplace

This is how the shipping crisis ends

Freightos Group CMO, Eytan Buchman, talks to Business Insider about the shipping container shortage crisis and skyrocketing ocean rates

Launch of Freightos white label platform means every forwarder can sell online now

Freightos Group CEO, Zvi Schreiber, was interviewed by The Loadstar on the launch of WebCargo Vista, a while label freight rate management and online sales portal

Shipping stocks have notched triple-digit gains in 2021 as transport rates skyrocket

Freightos data reports an all-time high for spot freight rates amid shipping container disruptions

Supply chain snafus could affect what’s available to you on Amazon Prime Day

A Freightos survey found that 75% of SMBs who sell on Amazon are experiencing supply chain disruptions

Supply chain snafus could affect what's available to you on Amazon Prime Day

A Freightos survey found that 75% of SMBs who sell on Amazon are experiencing supply chain disruptions

How ‘chaos’ in the shipping industry is choking the economy

Freightos data shows the cost of global freight has tripled since 2019, in this Planet Money explainer on how supply chain disruptions are impacting the economy.

How 'chaos' in the shipping industry is choking the economy

Freightos data shows the cost of global freight has tripled since 2019, in this Planet Money explainer on how supply chain disruptions are impacting the economy.

Fresh COVID-19 outbreaks in Asia disrupt global shipping, chip supply chain

With container shortages and delays, Freightos data highlights the freight rate jump by 63% since the beginning of the year and more than 3X year-over-year

Major shipping firms warn of worsening congestion at China’s Yantian port

With a COVID outbreak at one of China’s busiest ports, Reuters cites Freightos data that container freight rates from China to Europe reached a record high

Major shipping firms warn of worsening congestion at China's Yantian port

With a COVID outbreak at one of China’s busiest ports, Reuters cites Freightos data that container freight rates from China to Europe reached a record high

NCA lists its capacity on WebCargo

Announcing Nippon Cargo Airlines as its newest partner, nearly 25% of global air cargo capacity is now available on WebCargo, up from 11.1% this time last year

Vanguard turns to WebCargo for instant forwarder quoting

Vanguard Logistics has begun providing forwarder customers real-time access to LCL spot rates via WebCargo AcceleRate.

Sea change: global freight sails out of the digital dark ages

In an article on the digitalization of the freight industry, Reuters references WebCargo’s 20X increase of air cargo eBookings between March 2020 and March 2021

Tin prices soar on electronics demand, shipping trouble

The Wall Street Journal uses Freightos data to illustrate the impact of container shortages raising spot rates 3X higher year-over-year

Global ports grapple with backlog from Suez Canal blockage

Freightos data depicts how the container shortage, exacerbated by the Suez Canal blockage, is pushing freight rates higher

Freightos sees marketplace SOPs as path to curbing bad booking behavior

Freightos.com CEO, Ruthie Amaru talks to JOC about the 40-page standard operating procedures manual for buyers and sellers on the Freightos marketplace

Turkish Cargo Joins WebCargo

In a further step for Digital Air Cargo, Turkish Cargo, one of the world’s largest airlines announces they are joining WebCargo

The Fallout from the Suez Canal Ship is Coming to a Store Near You

Freightos research is used to explain how the Suez Canal block will impact everyday customers and shippers

Carriers Rejected at Least $1.3 Billion in Potential U.S. Agricultural Exports from July to December

Freightos data is referenced in this article to illustrate the prohibitively high cost of shipping from China to the US as opposed to the other direction

Twill, Freightos Launch Instant Container Quote Pilot

Freightos.com and Twill launch experiment aimed at smaller shippers to provide instant spot quote rates

How Will Chinese New Year Impact The Global Supply Chain Bottleneck?

Freightos analyst, Judah Levine, is quoted on the cargo shortage and how the situation will look going forward

Freight-Cost Pain Intensifies as Pandemic Rocks Ocean Shipping

Freightos survey mention on small businesses increasing their prices in response to sky-high freight rates.

The pandemic is making a mess of shipping from China

Eytan Buchman, CMO of Freightos, talks to Quartz about supply chain disruptions and rocketing freight rates caused by COVID

Pandemic aftershocks overwhelm global supply lines

Freightos data is referenced in this article to highlight the extreme cost of shipping and how that reflects consumption during the pandemic.

Supply bottlenecks are pushing up costs for manufacturers

A Freightos.com marketplace survey found that 77% of small businesses experienced supply chain difficulties due to the pandemic over the last six months, which impacts consumer prices.

Qatar Airways joins WebCargo

Following a year where eBookings increased 10X, Qatar Airways Cargo – world’s largest cargo airline – announces eBookings will be available through WebCargo.

Shipping costs quadruple to record highs on China-Europe ‘bottleneck’

Freightos data graphic illustrates how container freight rates have soared over the past year, and its impact on creating a bottleneck.

Alibaba’s Cainiao launches container booking service, cites global cargo woes

As Alibaba launches a container booking service, Reuters references Freightos data to contextualize the tumultuous moment in freight.