Freight Rates

Major for-hire carriers are seeing a brighter freight market outlook after a difficult previous year, signaling potential recovery

Container shipping rates are approaching a two-year high, influenced by new tariff concerns and a tightening market

Xeneta's market update shows major changes in ocean container freight rates and capacity across global trade lanes.

The New ConTex index reveals the container ship time charter market sustained its strong momentum in Week 26.

FedEx Freight reported higher revenue, benefiting from strong backhaul demand and heavier shipments amid a tight truckload market.

Union Pacific introduces a $300 peak season surcharge for Southern California shippers exceeding weekly container allotments.

The U.S. goods trade deficit grew to $105 billion in May as exports fell and imports rose.

XO Shipping founder Christian Levin has stepped down from the board as dry bulk markets face volatility and geopolitical uncertainty

DCE iron ore futures showed strength, with the main contract up 0.81%, as port spot prices increased.

Crude oil prices fell as Middle East supply concerns eased, leading to a drop in China's petrochemical futures.

Ukrainian wheat exports experienced an unexpected late-season surge in 2025/26, but future prices face ongoing pressure

Canadian toll hikes on the St. Lawrence Seaway could increase shipping costs for US Great Lakes industries

The ATA For-Hire Truck Tonnage Index decreased by 2% in May, signaling a contraction in freight volume.

The Port of Long Beach recorded a 40% surge in import volumes in May, setting new records despite global uncertainties

Low US retail inventories and strong sales are supporting Asia-US container spot rates, influencing importer restocking decisions

The IMO's plan to evacuate 11,000 seafarers from the Strait of Hormuz has gained support from BIMCO.

The Baltic Capesize Index demonstrated a strong late-week recovery, driven by improved sentiment in the Pacific market.

Lower oil prices are easing inflation fears, potentially leading to repricing in freight markets despite central bank tightening.

Dalian iron ore futures weakened, with the most-traded contract falling 1.08% and port spot prices declining.

The U.S. shipping market is experiencing fluctuating dynamics, with carriers and shippers navigating evolving conditions.

Ocean freight spot rates are expected to increase for another month, with vessels fully booked until July, per Xeneta.

Despite recent diesel price drops, the oil market shows dangerous complacency, with a crisis potentially weeks away

Diana Shipping has secured a new time charter for its panamax bulker Ismene at an improved daily rate of $15,750.

A supertanker operator booked a vessel from the Persian Gulf to India at nearly nine times the benchmark rate, reflecting a severe vessel…

A new report details the latest time charter rates for tanker and dry bulk shipping sectors.

Ocean freight rates from India to Europe are surging due to tight capacity, with services booked until early July

Shippers budgeting for flat freight costs in 2026 should prepare for a trucking capacity crunch due to driver exits and fuel costs.

DCE iron ore futures increased in the morning before a slight afternoon dip, while port spot prices rose by 4-9 yuan/mt

The Port of Oakland saw container volumes rise by 1.9% in May, marking its second consecutive month of growth.

Port of Long Beach saw a 31.7% rise in May 2026 cargo volumes, reaching 842,030 TEU, alongside a US$1.05 billion budget approval