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The Baltic Dry Index rose 5.5% to 3,331 points, touching the highest since December 2023, driven by a rise in the constituent Capesize rate that surged over 8%.
The FIE Input Cost Index came in at 146 this week, down 2 points from last week’s record of 148. Freight eased. The Freightos Baltic Index dropped 3%, from $3,980 […]
This week’s FIE Input Cost Index is live. The index declined for the second consecutive week. Ocean freight drove most of the move. The Freightos Baltic Index fell 5%, its […]
The freight rate divide between major container shipping trades widened in the latest weekly readings, with Transpacific routes showing relative strength while Asia-Europe ra...
Air freight rates are continuing to edge lower, despite renewed conflict in the Middle East, leaving the market caught between weakening demand on some trades, rising fuel costs, a...
The Iran-Oman Strait of Hormuz initiative stirred some optimism last week of renewed traffic through the waterway sometime soon. But Iran’s recent, escalated, list of demands of th...
Air cargo carriers are facing an increasingly challenging market, with spot rates beginning to cool, but amid surging fuel prices, geopolitical disruption, and selective capacity d...
The FIE Input Cost Index reached 148 this week, up 5 points from 143 and the highest reading since the index launched in April. Freight is behind it all. The […]
Indices appear uncertain how to price spot rates this week, but what seems clear is that the Asia-US East Coast trade’s substantive growth trajectory of recent weeks has hit a bump...
The report’s second quarter shipment index value, at 75.1, was off 1.1% compared to the first quarter, and was down 2.8% annually, following the first quarter’s 0.6% annual gain, f...
Ocean freight had fallen for four straight weeks. This week it reversed, worsening conditions for food manufacturers running on tight margins. The FIE Input Cost Index climbed agai...
Container freight markets showed contrasting regional trends in the latest readings, with several indicators pointing to stronger Transpacific rates while Europe and the Medi...
The US and Iran have traded strikes for ten days straight, with Iranian actions also targeting neighbor states and area vessels, and missile attacks reaching as far as US positions...
Far East shipping spot rates are softening slightly but remain high; declines are gradual and expected to continue in August. The post War sends Asia-US ocean rates soaring 234% si...
Sustained import volumes and rising freight rates near the end of an early peak season are “taking most observers by surprise,” Freightos said.
From one week to the next, it has been more of the same: transpacific rates on the climb; but with the cost of shipping into Europe showing an even more precipitous drop than last...
For May, the most recent month for which data is available, the SCI reading, at -15.4, improved slightly over April’s -17.4 and March’s -18.9, with the firm saying it is among the...
Air freight markets appear to be settling, with capacity largely returned to the Gulf, fuel prices easing, and freight rates gradually drifting lower. Yet rates remain stubbornly...
Transpacific rates have rebounded with the major box lines succeeding in implementing rate hikes. Friday’s Shanghai Containerised Freight Index showed both the Shanghai-US West Coa...
The founder of cargo booking platform Freightos is calling for a board shake-up including the ouster of Chairman Udo Lange, citing a drop in the company’s share price.
Last week (July 5-11) was defined by the transition from temporary, emergency U.S. surcharges toward a permanent, investigation-justified centralized trade architecture. The USTR...
The latest TD Cowen/AFS Freight Index projects truckload, LTL and parcel shipping costs will stay elevated through Q3 as fuel prices remain high.
The Drewry World Container Index fell in the latest week’s data on lower spot rates for trans-Pacific and Asia-Europe headhaul routes. The post Drewry index edges lower on decline...
Container import demand has been elevated but stable. Why are rates volatile? The post Maritime rates back on the rise appeared first on FreightWaves.
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