Freight Rates

NORDEN raises its 2026 full-year net profit guidance due to strong dry cargo performance and reduced costs

Ocean container rates from Asia to the US have climbed above $7,900, fueled by peak season demand.

Trans-Pacific spot rates are expected to soften as new vessel capacity reaches the US West Coast, concluding a four-month bull run.

Global air cargo demand saw a 6% year-on-year increase in May, with capacity growing at a slower 1.9% rate

Global container spot rates rose 9% this week due to strong seasonal demand and tighter capacity on major East-West trade lanes

MSC is reinstating its India-US East Coast service due to a surge in booking demand and escalating freight rates

A $475 per TEU gap between carrier fuel surcharges and independent benchmarks raises questions about FMC notice rules.

The Baltic Dry Index (BDI) climbed 88 points to 2,650 on July 2, 2026, signaling strong dry bulk demand

North American supply chains face dynamic shifts from an early peak season, frontloaded imports, and new regulations

Vessel flows to Iran are rebounding, supported by South American agricultural products, while US planting ratios favor soybeans

Global disruptions like the pandemic and Red Sea crisis have unexpectedly boosted container shipping profitability by absorbing excess…

Extreme heat in the Eastern US is causing reefer spot rates and tender rejections to reach near all-time highs

The ship recycling sector is in a holding pattern, awaiting clearer market signals following recent Middle East developments

The Baltic Dry Index advanced to a near one-week high, with gains observed across all vessel segments.

India's manufacturing activity saw a notable slowdown in June, with the PMI dropping to 54.2, affecting new orders and exports

The trucking insurance market faces turmoil due to legislative environments and insufficient underwriting discipline.

Rising fuel and trucking costs have led to a surge in intermodal rail volume, causing delays across major U.S. rail systems

US manufacturing activity grew for the sixth straight month in June, supporting strong demand for LTL freight services.

An overview of the latest weekly time charter rates for tanker and dry bulk shipping sectors is provided

Iron ore futures are approaching a one-year low as new EU steel import restrictions impact demand outlook.

Dalian iron ore futures dropped 1.68% to 733 yuan/ton, with port spot prices declining 10-12 yuan/ton.

Wheat futures rose in early July, driven by USDA reports showing lower wheat stocks and reduced acreage.

June's maritime landscape was defined by Strait of Hormuz tensions and a sharp rise in container freight rates.

Container spot rates from China to the US West Coast have surged over 300% since March, driven by carrier capacity control.

US spot trucking rates are surging due to high demand and holiday volumes, creating significant market volatility.

The Baltic Dry Index ended a six-day decline, increasing by 0.4% to 2,501 points, boosted by larger vessel segments.

Maersk's July 2026 update highlights early peak season signals and ongoing Red Sea disruptions impacting Asia-Pacific supply chains.

VLCC spot rates in the Arabian Gulf have fallen from peak levels, yet market volatility persists for crude oil shipping.

Maersk has increased its 2026 full-year guidance due to strong Far East container demand and higher spot rates

The UN warns that economic fallout from the 100-day Strait of Hormuz crisis will persist despite shipping recovery