E2open Ocean Shipping Index Cites Ongoing Conflict, Extreme Weather and Threat of Labor Strikes as Key Drivers of Port Congestion and Longer Transit Times
E2open Parent Holdings, Inc.Class A (ETWO)
Company Research
Source: Business Wire
Latest report indicates year-over-year increase of up to 10 days for average global ocean shipment durations DALLAS--(BUSINESS WIRE)--E2open Parent Holdings, Inc. (NYSE: ETWO), the connected supply chain SaaS platform with the largest multi-enterprise network, has published the latest edition of its Ocean Shipping Index, a quarterly benchmark report that provides insight for decision-making around global ocean shipments. The report data reveals a considerable year-over-year (YoY) increase in global average shipment duration, from 58 days in Q3 2023 to 68 days in Q3 2024, along with a two-day increase from Q2 2024. The most significant contributor to the increase in YoY was the actual transit time of six days, driven by geopolitical unrest and longer dwell time at congested ports.The e2open Ocean Shipping Index empowers shippers with data-driven insights to better anticipate and adapt to factors contributing to delays. The report is based on ocean shipping activity in e2open’s vast
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News
- E2open Names Pawan Joshi as Chief Strategy Officer, Welcomes Rachit Lohani as Chief Product and Technology OfficerBusiness Wire
- E2open to Report Fiscal Third Quarter 2025 ResultsBusiness Wire
- E2open Parent Holdings, Inc. (NYSE: ETWO) was downgraded by analysts at The Goldman Sachs Group, Inc. from a "neutral" rating to a "sell" rating. They now have a $2.90 price target on the stock, down previously from $3.50.MarketBeat
- Earnings In Reverse, But E2open Gears Up For A U-Turn [Seeking Alpha]Seeking Alpha
- E2open Parent Holdings, Inc. (NYSE: ETWO) had its price target lowered by analysts at The Goldman Sachs Group, Inc. from $4.00 to $3.50. They now have a "neutral" rating on the stock.MarketBeat
ETWO
Earnings
- 10/9/24 - Beat
ETWO
Sec Filings
- 12/20/24 - Form 8-K
- 11/15/24 - Form 4
- 11/14/24 - Form SC
- ETWO's page on the SEC website