Timing the Freight Market
For companies shipping dozens of containers from Asia to the US or Europe, timing the spot market is crucial. A dip in the cost of a 40-foot equivalent unit (FEU) can save a business hundreds of thousands of dollars if they lock in a contract at the right moment.
Tracking the Indices
Logistics managers need real-time data, not weekly summaries.
- Index Tracking: Monitor indices like the FBX (Freightos Baltic Index) daily.
- Route Specificity: Track only the rates for your specific lanes (e.g., Shanghai to Los Angeles).
Smarter Shipping with kAIros
Configure kAIros to track major maritime rate dashboards. Instruct the AI to alert your procurement team if the spot rate for your primary shipping lane drops below a historical benchmark, allowing you to quickly negotiate better terms.