{"id":771224,"date":"2023-07-20T08:55:55","date_gmt":"2023-07-20T12:55:55","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/e2open-ocean-shipping-index-indicates-continued-reduction-in-cross-ocean-shipment-transit-time-across-all-major-ocean-routes\/"},"modified":"2023-07-20T08:55:55","modified_gmt":"2023-07-20T12:55:55","slug":"e2open-ocean-shipping-index-indicates-continued-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-continued-reduction-in-cross-ocean-shipment-transit-time-across-all-major-ocean-routes\/","title":{"rendered":"E2open Ocean Shipping Index Indicates Continued 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 Continued Reduction in Cross-Ocean Shipment Transit Time Across All Major Ocean Routes<\/b><\/p>\n<p><b><i>Latest report signals a rebound to pre-pandemic levels despite ongoing supply chain disruptions<\/i><\/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=53469145&amp;newsitemid=20230720811928&amp;lan=en-US&amp;anchor=E2open+Parent+Holdings%2C+Inc.&amp;index=1&amp;md5=c53fa5c946b957f6be6c97c49f7dbe35\">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=53469145&amp;newsitemid=20230720811928&amp;lan=en-US&amp;anchor=Ocean+Shipping+Index&amp;index=2&amp;md5=9797ab0644d6e6dc035e73be478b428a\">Ocean Shipping Index<\/a>, a quarterly benchmark report that provides insight for decision-making around global ocean shipments. Report data reflects a 14-day improvement in cross-ocean transit times over the same quarter in 2022, suggesting that ocean shipment transit times are rebounding to pre-pandemic levels despite ongoing geopolitical concerns, labor strikes, threats of recession, and other supply chain disruptors.<\/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 because it captures the shipment booking date, adding deeper insight for decision-making.<\/p>\n<p>\n\u201cAmidst ongoing supply chain challenges, companies are benefiting from available capacity, lower freight rates, and reduced ocean shipment transit times\u2014a reversal from the height of the pandemic,\u201d said Pawan Joshi, executive vice president, products and strategy for e2open. \u201cThe latest index suggests the time it takes for ocean shipments to move in the major trade lanes is stabilizing around the current number of days, reducing the uncertainty in inventory planning for brands and enabling them to optimize merchandise availability and selection in time for peak season.\u201d<\/p>\n<p>\nKey takeaways from the latest e2open Ocean Shipping Index report include:<\/p>\n<ul class=\"bwlistdisc\">\n<li>\nAs of July 1, 2023, it takes a company an average of 58 days to deliver goods to truck or rail carriers after booking with an ocean carrier and completing the cross-ocean journey, a 14-day improvement from the same quarter last year.<\/p>\n<\/li>\n<li>\nAll trade lanes saw a reduction or remained flat in the total booking to receipt time from the previous quarter.<\/p>\n<\/li>\n<li>\nExports from Europe to North America and North America to South America decreased by five days since the previous quarter, the most significant decrease among all trade lanes.<\/p>\n<\/li>\n<li>\nCompared to the same quarter in 2022, goods moving from Europe to North America took 23 days less, and the journey for ocean shipments from North America to South America took 12 days less.<\/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=53469145&amp;newsitemid=20230720811928&amp;lan=en-US&amp;anchor=e2open.com&amp;index=3&amp;md5=072464b539b0bb86c73ac32f06120e5b\">e2open.com<\/a>.<\/p>\n<p><b>About e2open<br \/>\n<br \/><\/b><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.e2open.com%2F&amp;esheet=53469145&amp;newsitemid=20230720811928&amp;lan=en-US&amp;anchor=E2open&amp;index=4&amp;md5=d3dc2322c67fd8494b4a770e43bc5a4a\">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 14 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=53469145&amp;newsitemid=20230720811928&amp;lan=en-US&amp;anchor=www.e2open.com&amp;index=5&amp;md5=f894e4b68141b23afed04a97c30be9ea\">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=20230720811928r1&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\/20230720811928\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230720811928\/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> United States North America Texas<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Data Management Supply Chain Management Technology Other Transport Maritime Transport Other Technology Retail Software Networks Logistics\/Supply Chain Management<\/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\/20230720811928\/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 Continued Reduction in Cross-Ocean Shipment Transit Time Across All Major Ocean Routes Latest report signals a rebound to pre-pandemic levels despite ongoing supply chain disruptions 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 14-day improvement in cross-ocean transit times over the same quarter in 2022, suggesting that ocean shipment transit times are rebounding to pre-pandemic levels despite ongoing geopolitical concerns, labor strikes, threats of recession, and other supply chain disruptors. The e2open Ocean Shipping Index provides a &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/e2open-ocean-shipping-index-indicates-continued-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 Continued 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-771224","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>E2open Ocean Shipping Index Indicates Continued 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-continued-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 Continued 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 Continued Reduction in Cross-Ocean Shipment Transit Time Across All Major Ocean Routes Latest report signals a rebound to pre-pandemic levels despite ongoing supply chain disruptions 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 14-day improvement in cross-ocean transit times over the same quarter in 2022, suggesting that ocean shipment transit times are rebounding to pre-pandemic levels despite ongoing geopolitical concerns, labor strikes, threats of recession, and other supply chain disruptors. 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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 14-day improvement in cross-ocean transit times over the same quarter in 2022, suggesting that ocean shipment transit times are rebounding to pre-pandemic levels despite ongoing geopolitical concerns, labor strikes, threats of recession, and other supply chain disruptors. 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