According to the study undertaken by Astute Analytica, the Global Freight Procurement Technology Solutions Market is projected to witness a rise in its revenue from US$ 812.5 Million in 2021 to US$ 1,392.2 million by 2028. The market is registering a CAGR of 8% during the forecast period 2022-2028. The rising e-commerce sector is also fueling the market growth as the freight procurement technology solutions helps in looking after all e-commerce shipments and identify the best carrier and/or mode of e-commerce based on the need. However, the high initial cost of solutions may hinder market growth over the forecast period.
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See AllOcean freight rates decreased via the West Coast of North America (-5.6% week-on-week), via the East Coast of North America (-3.5%), Europe (-7.0%), and Korea (-4.4%).
U.S.-based Descartes Datamine has announced container transport volumes from Asia to the U.S. (outbound) and from the U.S. to Asia (inbound) for September and August, respectively. According to the re
IATA said the air cargo market is stable despite demand falling for the sixth month in a row in August. The airline association’s latest data shows that demand in August fell by 8.3%, which was a slig