E2open Ocean Shipping Index Reveals Sharp Increase in Global Ocean Shipment Transit Times Due to Multiple Ongoing Disruptions
E2open Parent Holdings, Inc.Class A (ETWO)
Company Research
Source: Business Wire
Latest report shows year-over-year increase of eight days for global average shipment time from initial booking to clearing gate at final port, five-day increase in actual transit time AUSTIN, Texas--(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. Report data indicates significant year-over-year increases in the average total time for container transport, from booking to receipt, for several major global shipping lanes. The global average shipment duration increased to 66 days; an eight-day increase from the same period a year ago.The e2open Ocean Shipping Index provides shippers with data-driven findings to better anticipate and adapt to factors contributing to delays. The report, published quarterly, is based on ocean shippi
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