WebContainer freight rates on the key global trade routes have increased from US$1,000 in May 2024 to around US$7,500 in September 2024. Supply Chain pressures from COVID lockdowns in China, the Russia-Ukraine war and rising oil prices, might hinder expectations of a supply chain recovery. WebFeb 9, 2024 · SEPTEMBER 26, 2024. Another wild quarter in the freight market has come and gone. In Q3, CPG brands and their supply chains have been impacted by an …
Will current freight and rate trends last through end of 2024?
WebDec 16, 2024 · Below we have listed some of our expectations for 2024 in some key areas. 1. Freight rates. Going into 2024, there are many unknowns and it is extremely hard to predict freight levels. However, based on carrier order books, current backlogs, and future expectations from major importers, we believe a strong freight market will continue to be ... WebMar 16, 2024 · Year over year, January’s truck to load ratio was 89% higher than the extremely low ratio of 0.93 seen in January 2024. Most of the growth was attributed to a significant increase in northbound freight from … holbeck scholarship
5 Key Freight Shipping Trends for 2024 - PLS Logistic Services
WebMar 21, 2024 · As of February 2024, air freight rates per kilogram on Hong Kong/Asia to North America and Europe routes remain elevated at approx. USD 10 (51% YoY) and USD 6 (35% YoY), respectively. How do global air freight rates compare against the World Container Index? WebOct 22, 2024 · Strong freight, rates environment expected to last through 2024. As any independent who follows trends in freight and rates will surely know, the current trucking environment is one of the best in ... WebSep 28, 2024 · Sep 28, 2024 In December 2024, airfreight rates between Hong Kong and North America were at an all-time high of 12.72 U.S. dollars per kilogram since the coronavirus pandemic started. huddleston house cambridge city