Freightos Baltic Index (FBX) is the largest global container and freight rate index, allowing you to access freight rate charts and container pricing. Try it today!
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This research underscores the predictive prowess of the Chinese futures market in influencing the Shipping Cost Index, deepening our understanding of the intricate relationship between the shipping industry and the financial sphere. Furthermore, it broadens the scope of machine learning applications in ...
The United States Freight and Logistics Market is expected to reach USD 1.33 trillion in 2024 and grow at a CAGR of 3.90% to reach USD 1.67 trillion by 2030. C.H. Robinson, FedEx, J.B. Hunt Transport, Inc., Kuehne + Nagel and United Parcel Service of Ame
Port of LA/LB approved a clean truck fee to be assessed on cargo owners beginning April 1, 2022. The plan is designed to expedite the introduction of zero-emission vehicles in the port complex. The fee is $10 per TEU, or $20 for all containers longer than 20' ...
Freight Market Update: September 20, 2022 Asia → North America (TPEB) Golden Week capacity concerns no longer pose a concern when compared to last year. U.S. Market:The continued downtrend in floating market rates leading into Golden Week—despite the planned blank sailings—indicates that ...
Figure 18: VALUE OF IMPORTS, USD, CANADA, 2017 - 2022 Figure 19: FUEL PRICE BY TYPE OF FUEL, USD/LITER, CANADA, 2017 - 2022 Figure 20: OPERATIONAL COSTS OF TRUCKING - BREAKDOWN BY OPERATING COST ELEMENT, %, CANADA, 2022 Figure 21: TRUCKING FLEET SIZE BY TYPE, SHARE %, CANADA,...
Air Freight Market Update, Delays, Cost Increases, and Forecast for 2025 According toFreightos Air Index, rates on transpacific and transatlantic air cargo have begun decreasing as we near the end of peak season. However, China – Europe prices were still elevated last week at almost $5.00/kg...
Freight rates for South African miners of ore – such asmanganeseor chrome – exporting to China have fallen by around 46.49% over the second half of 2022 according to Fastmarkets’ assessments. Freight rates for the Port Elizabeth, South Africa, to Tianjin, China, route were assessed at $29...
This influx of capacity may put pressure on regional and lower-volume lanes, reminiscent of the market conditions seen in 2021 and 2022.The current surge in demand is partly due to seasonal goods being shipped earlier to avoid delays or higher rates later in the year. Additionally, some ...