diff --git a/CHANGELOG.md b/CHANGELOG.md
index 063dfcbc9..2b54b9f0c 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -7,6 +7,30 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 
 ## [Unreleased]
 
+## [0.24.0](https://github.com/TimelyDataflow/timely-dataflow/compare/timely-v0.23.0...timely-v0.24.0) - 2025-08-28
+
+This version of Timely has some exciting new features.
+
+* The `Distributor` trait offers a generalization of the `Exchange` type. It allows users to define custom distribution
+  strategies for routing data across workers. The `Exchange` type requires a row-by-row distribution and uses
+  container builders to form batches of data, which limits its flexibility. The `Distributor` trait, on the other hand,
+  allows users to define their own behavior for distributing data, and does not need to work row-by-row.
+  It only needs to uphold progress tracking requirements, which are that the amount of records on the input
+  matches those on the output.
+* We split the `Container` trait into multiple traits. The `Accountable` trait indicates the number of records
+  in a container for progress tracking and is the only required trait for a container.
+  The `iter` and `drain` functions are part of the new `IterContainer` and `DrainContainer` traits.
+  We do not require all containers to provide all of these traits, and it is mostly high-level operators that require
+  a container to implement them. We alos removed the `clear` function from containers as it
+  is not well-defined in all cases, for example for immutable data.
+* The `Map` trait offers a `flat_map_builder` function to accumulate flatmap logic.
+
+### Other
+
+- Introduce builder for flatmap operators ([#704](https://github.com/TimelyDataflow/timely-dataflow/pull/704))
+- Container rework ([#697](https://github.com/TimelyDataflow/timely-dataflow/pull/697))
+- Distributor trait ([#700](https://github.com/TimelyDataflow/timely-dataflow/pull/700))
+
 ## [0.23.0](https://github.com/TimelyDataflow/timely-dataflow/compare/timely-v0.22.0...timely-v0.23.0) - 2025-08-28
 
 ### Other
diff --git a/bytes/Cargo.toml b/bytes/Cargo.toml
index aec5c77dc..17f0b8254 100644
--- a/bytes/Cargo.toml
+++ b/bytes/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "timely_bytes"
-version = "0.23.0"
+version = "0.24.0"
 authors = ["Frank McSherry <fmcsherry@me.com>"]
 edition = "2018"
 
diff --git a/communication/Cargo.toml b/communication/Cargo.toml
index 044b02e61..fcd1fcaf5 100644
--- a/communication/Cargo.toml
+++ b/communication/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "timely_communication"
-version = "0.23.0"
+version = "0.24.0"
 authors = ["Frank McSherry <fmcsherry@me.com>"]
 description = "Communication layer for timely dataflow"
 edition.workspace = true
@@ -24,9 +24,9 @@ columnar = { workspace = true }
 getopts = { version = "0.2.21", optional = true }
 byteorder = "1.5"
 serde = { version = "1.0", features = ["derive"] }
-timely_bytes = { path = "../bytes", version = "0.23" }
-timely_container = { path = "../container", version = "0.23.0" }
-timely_logging = { path = "../logging", version = "0.23" }
+timely_bytes = { path = "../bytes", version = "0.24" }
+timely_container = { path = "../container", version = "0.24.0" }
+timely_logging = { path = "../logging", version = "0.24" }
 
 # Lgalloc only supports linux and macos, don't depend on any other OS.
 [target.'cfg(any(target_os = "linux", target_os = "macos"))'.dev-dependencies]
diff --git a/container/Cargo.toml b/container/Cargo.toml
index 6c0a86940..1400f71cf 100644
--- a/container/Cargo.toml
+++ b/container/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "timely_container"
-version = "0.23.0"
+version = "0.24.0"
 description = "Container abstractions for Timely"
 license = "MIT"
 edition.workspace = true
diff --git a/logging/Cargo.toml b/logging/Cargo.toml
index 26191bdde..cc8129100 100644
--- a/logging/Cargo.toml
+++ b/logging/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "timely_logging"
-version = "0.23.0"
+version = "0.24.0"
 authors = ["Frank McSherry <fmcsherry@me.com>"]
 description = "Common timely logging infrastructure"
 edition.workspace = true
@@ -15,4 +15,4 @@ license = "MIT"
 workspace = true
 
 [dependencies]
-timely_container = { version = "0.23.0", path = "../container" }
+timely_container = { version = "0.24.0", path = "../container" }
diff --git a/timely/Cargo.toml b/timely/Cargo.toml
index dd1023fbc..bf3faa99f 100644
--- a/timely/Cargo.toml
+++ b/timely/Cargo.toml
@@ -1,7 +1,7 @@
 [package]
 
 name = "timely"
-version = "0.23.0"
+version = "0.24.0"
 authors = ["Frank McSherry <fmcsherry@me.com>"]
 readme = "../README.md"
 edition.workspace = true
@@ -29,10 +29,10 @@ bincode = { version = "1.0" }
 byteorder = "1.5"
 itertools = "0.14.0"
 serde = { version = "1.0", features = ["derive"] }
-timely_bytes = { path = "../bytes", version = "0.23" }
-timely_logging = { path = "../logging", version = "0.23" }
-timely_communication = { path = "../communication", version = "0.23", default-features = false }
-timely_container = { path = "../container", version = "0.23" }
+timely_bytes = { path = "../bytes", version = "0.24" }
+timely_logging = { path = "../logging", version = "0.24" }
+timely_communication = { path = "../communication", version = "0.24", default-features = false }
+timely_container = { path = "../container", version = "0.24" }
 smallvec = { version = "1.13.2", features = ["serde", "const_generics"] }
 
 [dev-dependencies]