📊 The pulse of global logistics: key worldwide logistics indices

Irbis Index March 2024

To view the full Index for March 2024 click here.

Irbis Research

As the world grows increasingly interconnected, the importance of logistics as a gauge for economic activity is more significant than ever.

How do logistics indices help us understand global economic trends?

Find out more in our latest article.

Logistics Headlines

Five auto carriers - Proficient Auto Transport, Delta Automotive Services, Deluxe Auto Carriers, Sierra Mountain Group, and Tribeca Automotive - plan to merge and file for an IPO under the name Proficient Auto Logistics, aiming to become one of the largest auto haulers in North America.

Stonepeak has completed the acquisition of a 1.7 million sq. ft. rail-served logistics portfolio in Chicago.

CMA CGM is selling Bolloré's Polynesian subsidiary due to regulatory concerns over a potential regional monopoly following CMA CGM's acquisition of Bolloré.

Platform Science has raised $125M to expand its Virtual Vehicle software platform, enhancing partnerships with truck manufacturers and increasing its ecosystem of on-vehicle applications.

Niam has acquired a 64,000 sqm logistics property under construction in Oslo from Wastbygg Gruppen, which will be fully leased to Ahlsell for their new central warehouse in Norway.

Vestas and Maersk have signed a MOU to develop South Korea's offshore wind supply chain, including a nacelle manufacturing facility and logistics base at Mokpo New Port Hinterland Complex.

Air cargo rates from South Asia remain elevated due to ongoing supply-demand imbalances, despite a slight decline in the first quarter of 2024.

US ports experienced a significant increase in container imports, growing nearly 20% in March compared to the previous year, with the East and Gulf coasts outperforming the West Coast in import growth.

The Port of Rotterdam has achieved a long-awaited growth in volume, surpassing its rival, the Port of Antwerp.

The UK government has decided to delay import checks on EU goods, citing the risk of "significant disruption" if implemented on the planned April 30 start date.

The World Shipping Council has appointed Joe Kramek as its new President and CEO, succeeding John Butler who will retire at the end of July 2024.