April 22, 2024
Freight Market Update - April 2024
The latest freight market PDFs are now available to download. The up to date information about air freight, ocean freight and ground freight markets are compiled by our logistics service experts to cover the latest news in April.
With increased investment in our global freight presence and warehouse footprint, Crane Worldwide Logistics continues to grow where our clients need us to be. With our own U.S. domestic trucking service, we can provide full integrated logistics solutions including contract logistics and freight forwarding expertise.
- CARM Update - All businesses importing into Canada can read about the new dates for implementation of CARM here.
- General Average Shipping rule is in the news due to recent events in Baltimore but what is it? and when does it occur? for more information click here
- MSC Aries, read our client advisory here
- Crane Worldwide Logistics provides warehouse availability where our clients need us to be! You can check out our warehouses in Cincinnati and Columbus as prime examples, both warehouse facilities are strategically located to serve the U.S. domestic market and have space available.
- Don't forget you can listen in to all the latest market updates on our "Coffee with Crane" podcast available on your favorite podcast player or online here.
Air Freight News
- Globally, international CTKs saw a significant uptick of 12.4% year-on-year, with all regions contributing to this expansion, particularly carriers from Africa and the Middle East leading the annual growth
- Trade routes originating from China were the primary drivers behind last month's increase in rates.
Download Air Freight Update
Ocean Freight News
- As the dry season concludes, the Panama Canal Authority (ACP) is adapting its operations to match the prevailing climate conditions.
- Container carriers are implementing fewer blank sailings across Trans-Pacific routes than in the previous two years.
Download Ocean Freight Update
Ground Freight News
Download Ground Freight Update
Get in touch with your local Crane Worldwide Logistics representative or reach out HERE if you would like to discuss your upcoming shipment requirements in 2024. We are here to help!