{"id":759480,"date":"2023-05-18T07:03:22","date_gmt":"2023-05-18T11:03:22","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/e2open-ocean-shipping-index-indicates-reduction-in-cross-ocean-shipment-transit-time-across-all-major-ocean-routes\/"},"modified":"2023-05-18T07:03:22","modified_gmt":"2023-05-18T11:03:22","slug":"e2open-ocean-shipping-index-indicates-reduction-in-cross-ocean-shipment-transit-time-across-all-major-ocean-routes","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/e2open-ocean-shipping-index-indicates-reduction-in-cross-ocean-shipment-transit-time-across-all-major-ocean-routes\/","title":{"rendered":"E2open Ocean Shipping Index Indicates Reduction in Cross-Ocean Shipment Transit Time Across All Major Ocean Routes"},"content":{"rendered":"<p>        <!--.bwlistdisc { list-style-type: disc }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p><b>E2open Ocean Shipping Index Indicates Reduction in Cross-Ocean Shipment Transit Time Across All Major Ocean Routes<\/b><\/p>\n<p><b>Latest report now includes import and export data for South America in response to supply chain diversification trends<\/b><\/p>\n<p>AUSTIN, Texas&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.e2open.com%2F&amp;esheet=53402220&amp;newsitemid=20230518005073&amp;lan=en-US&amp;anchor=E2open+Parent+Holdings%2C+Inc.&amp;index=1&amp;md5=860ace691005c49ea5c261d2373bf627\">E2open Parent Holdings, Inc.<\/a> (NYSE: ETWO), the connected supply chain SaaS platform with the largest multi-enterprise network, has released the latest edition of its <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fpages.e2open.com%2Fe2open-ocean-shipping-index.html&amp;esheet=53402220&amp;newsitemid=20230518005073&amp;lan=en-US&amp;anchor=Ocean+Shipping+Index&amp;index=2&amp;md5=6a85efc680549708de0b468b7e192251\">Ocean Shipping Index<\/a>, a quarterly benchmark report that provides insight for decision-making around global ocean shipments. Report data reflects a downward trajectory in cross-ocean transit times over the last nine months, signaling an ongoing reduction in global demand for goods out of Asia.<\/p>\n<p>\nThe e2open Ocean Shipping Index provides a data-driven reference for shippers to understand how long it takes to move goods internationally and the factors contributing to observed delays. The report is based on historical data from e2open\u2019s business network, encompassing over 420,000 connected enterprises managing 14 billion transactions and tracking 71 million containers annually. The Ocean Shipping Index is unique in the market because it captures the shipment booking date, adding deeper insight for decision-making.<\/p>\n<p>\n\u201cWith continued uncertainty around available supply for components for manufacturing, raw materials, and agricultural goods, companies are evaluating their supply networks and looking to expand their options worldwide. The latest edition of the index includes import and export data about South American ports utilizing both the Atlantic and Pacific Oceans to move agricultural products, minerals, and oil and gas exports that play a role in global trade,\u201d said Pawan Joshi, executive vice president, products and strategy, for e2open. \u201cThe global ocean shipping environment continues to have a choppy outlook, but the silver lining in all this is the global trend of decreasing booking-to-receipt times for shipments.\u201d<\/p>\n<p>\nKey takeaways from the latest e2open Ocean Shipping Index report include:<\/p>\n<ul class=\"bwlistdisc\">\n<li>\nAs of April 1, 2023, the global average total booking to receipt time for ocean container shipments declined 12 days from the same quarter last year.<\/p>\n<\/li>\n<li>\nExports from Asia to North America saw the most significant quarterly drop, down 11 days in the last three months and 24 days from the same quarter in 2022.<\/p>\n<\/li>\n<li>\nExports from Europe to North America decreased by 18 days from Q1 2022, the shortest overall duration in the past eight quarters. From North America to Europe, these journeys were down eight days since the previous quarter and nine days from Q1 2022, pointing to improvements across the entire maritime container shipping workflow.<\/p>\n<\/li>\n<li>\nNew shipping lane data for exports from North America to South America and Europe to South America indicates a decrease of 12% and 13%, respectively, in total booking to receipt time from the same quarter in 2022. The cross-ocean journeys of exports from South America to North America and South America to Europe also decreased during the same period.<\/p>\n<\/li>\n<\/ul>\n<p>\nThis report is one of several benchmark reports available from e2open to help companies navigate increasingly complex global supply chains.<\/p>\n<p>\nView and subscribe to the latest e2open Ocean Shipping Index at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fpages.e2open.com%2Fe2open-ocean-shipping-index.html&amp;esheet=53402220&amp;newsitemid=20230518005073&amp;lan=en-US&amp;anchor=e2open.com&amp;index=3&amp;md5=7a1ec4e17639e156d117d9dfa8abc5de\">e2open.com<\/a>.<\/p>\n<p><b>About e2open<\/b><\/p>\n<p><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.e2open.com%2F&amp;esheet=53402220&amp;newsitemid=20230518005073&amp;lan=en-US&amp;anchor=E2open&amp;index=4&amp;md5=af9cf5b522bf2abc0c7e34dc02edd8ae\">E2open<\/a> is the connected supply chain software platform that enables the world\u2019s largest companies to transform the way they make, move, and sell goods and services. With the broadest cloud-native global platform purpose-built for modern supply chains, e2open connects more than 420,000 manufacturing, logistics, channel, and distribution partners as one multi-enterprise network tracking over 13 billion transactions annually. Our SaaS platform anticipates disruptions and opportunities to help companies improve efficiency, reduce waste, and operate sustainably. Moving as one.<sup>\u2122<\/sup> Learn More: <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.e2open.com&amp;esheet=53402220&amp;newsitemid=20230518005073&amp;lan=en-US&amp;anchor=www.e2open.com&amp;index=5&amp;md5=92fcfad2c8d8636f12584a7fdbd0431c\">www.e2open.com<\/a>.<\/p>\n<p><i>E2open and \u201cMoving as one.\u201d are the registered trademarks of E2open, LLC. All other trademarks, registered trademarks and service marks are the property of their respective owners.<\/i><\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230518005073r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20230518005073\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230518005073\/en\/<\/a><\/span><\/p>\n<p>\nMedia Contact:<br \/>\n<br \/>5W PR for e2open<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:e2open@5wpr.com\">e2open@5wpr.com<br \/>\n<\/a><br \/>718-757-6144<\/p>\n<p>\nInvestor Relations Contact:<br \/>\n<br \/>Dusty Buell<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:dusty.buell@e2open.com\">dusty.buell@e2open.com<br \/>\n<\/a><br \/><a rel=\"nofollow\" href=\"mailto:investor.relations@e2open.com\">investor.relations@e2open.com<\/a><\/p>\n<p>\nCorporate Contact:<br \/>\n<br \/>Kristin Seigworth<br \/>\n<br \/>VP Communications, e2open<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:kristin.seigworth@e2open.com\">kristin.seigworth@e2open.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Texas Europe United States South America North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Oil\/Gas Retail Data Management Energy Technology Supply Chain Management Other Transport Mining\/Minerals Trucking Maritime Agriculture Natural Resources Transport Software Logistics\/Supply Chain Management Public Transport<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230518005073\/en\/1476617\/3\/E2open-tagline_lockup-BLACK.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>E2open Ocean Shipping Index Indicates Reduction in Cross-Ocean Shipment Transit Time Across All Major Ocean Routes Latest report now includes import and export data for South America in response to supply chain diversification trends AUSTIN, Texas&#8211;(BUSINESS WIRE)&#8211;E2open Parent Holdings, Inc. (NYSE: ETWO), the connected supply chain SaaS platform with the largest multi-enterprise network, has released the latest edition of its Ocean Shipping Index, a quarterly benchmark report that provides insight for decision-making around global ocean shipments. Report data reflects a downward trajectory in cross-ocean transit times over the last nine months, signaling an ongoing reduction in global demand for goods out of Asia. The e2open Ocean Shipping Index provides a data-driven reference for shippers to understand how long it takes &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/e2open-ocean-shipping-index-indicates-reduction-in-cross-ocean-shipment-transit-time-across-all-major-ocean-routes\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;E2open Ocean Shipping Index Indicates Reduction in Cross-Ocean Shipment Transit Time Across All Major Ocean Routes&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-759480","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>E2open Ocean Shipping Index Indicates Reduction in Cross-Ocean Shipment Transit Time Across All Major Ocean Routes - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/e2open-ocean-shipping-index-indicates-reduction-in-cross-ocean-shipment-transit-time-across-all-major-ocean-routes\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"E2open Ocean Shipping Index Indicates Reduction in Cross-Ocean Shipment Transit Time Across All Major Ocean Routes - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"E2open Ocean Shipping Index Indicates Reduction in Cross-Ocean Shipment Transit Time Across All Major Ocean Routes Latest report now includes import and export data for South America in response to supply chain diversification trends AUSTIN, Texas&#8211;(BUSINESS WIRE)&#8211;E2open Parent Holdings, Inc. (NYSE: ETWO), the connected supply chain SaaS platform with the largest multi-enterprise network, has released the latest edition of its Ocean Shipping Index, a quarterly benchmark report that provides insight for decision-making around global ocean shipments. Report data reflects a downward trajectory in cross-ocean transit times over the last nine months, signaling an ongoing reduction in global demand for goods out of Asia. The e2open Ocean Shipping Index provides a data-driven reference for shippers to understand how long it takes &hellip; Continue reading &quot;E2open Ocean Shipping Index Indicates Reduction in Cross-Ocean Shipment Transit Time Across All Major Ocean Routes&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/e2open-ocean-shipping-index-indicates-reduction-in-cross-ocean-shipment-transit-time-across-all-major-ocean-routes\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-05-18T11:03:22+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230518005073r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/e2open-ocean-shipping-index-indicates-reduction-in-cross-ocean-shipment-transit-time-across-all-major-ocean-routes\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/e2open-ocean-shipping-index-indicates-reduction-in-cross-ocean-shipment-transit-time-across-all-major-ocean-routes\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"E2open Ocean Shipping Index Indicates Reduction in Cross-Ocean Shipment Transit Time Across All Major Ocean Routes\",\"datePublished\":\"2023-05-18T11:03:22+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/e2open-ocean-shipping-index-indicates-reduction-in-cross-ocean-shipment-transit-time-across-all-major-ocean-routes\\\/\"},\"wordCount\":720,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/e2open-ocean-shipping-index-indicates-reduction-in-cross-ocean-shipment-transit-time-across-all-major-ocean-routes\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20230518005073r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/e2open-ocean-shipping-index-indicates-reduction-in-cross-ocean-shipment-transit-time-across-all-major-ocean-routes\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/e2open-ocean-shipping-index-indicates-reduction-in-cross-ocean-shipment-transit-time-across-all-major-ocean-routes\\\/\",\"name\":\"E2open Ocean Shipping Index Indicates Reduction in Cross-Ocean Shipment Transit Time Across All Major Ocean Routes - 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(NYSE: ETWO), the connected supply chain SaaS platform with the largest multi-enterprise network, has released the latest edition of its Ocean Shipping Index, a quarterly benchmark report that provides insight for decision-making around global ocean shipments. Report data reflects a downward trajectory in cross-ocean transit times over the last nine months, signaling an ongoing reduction in global demand for goods out of Asia. The e2open Ocean Shipping Index provides a data-driven reference for shippers to understand how long it takes &hellip; Continue reading \"E2open Ocean Shipping Index Indicates Reduction in Cross-Ocean Shipment Transit Time Across All Major Ocean Routes\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/e2open-ocean-shipping-index-indicates-reduction-in-cross-ocean-shipment-transit-time-across-all-major-ocean-routes\/","og_site_name":"Market Newsdesk","article_published_time":"2023-05-18T11:03:22+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230518005073r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/e2open-ocean-shipping-index-indicates-reduction-in-cross-ocean-shipment-transit-time-across-all-major-ocean-routes\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/e2open-ocean-shipping-index-indicates-reduction-in-cross-ocean-shipment-transit-time-across-all-major-ocean-routes\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"E2open Ocean Shipping Index Indicates Reduction in Cross-Ocean Shipment Transit Time Across All Major Ocean Routes","datePublished":"2023-05-18T11:03:22+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/e2open-ocean-shipping-index-indicates-reduction-in-cross-ocean-shipment-transit-time-across-all-major-ocean-routes\/"},"wordCount":720,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/e2open-ocean-shipping-index-indicates-reduction-in-cross-ocean-shipment-transit-time-across-all-major-ocean-routes\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230518005073r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/e2open-ocean-shipping-index-indicates-reduction-in-cross-ocean-shipment-transit-time-across-all-major-ocean-routes\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/e2open-ocean-shipping-index-indicates-reduction-in-cross-ocean-shipment-transit-time-across-all-major-ocean-routes\/","name":"E2open Ocean Shipping Index Indicates Reduction in Cross-Ocean Shipment Transit Time Across All Major Ocean Routes - 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