Freight Rates

NOAA confirms El Niño development, warning it could intensify into one of the strongest on record with global shipping implications

The Port of Los Angeles saw a 17% increase in cargo volumes in May, processing 840,165 TEUs.

CMA CGM is introducing new Peak Season Surcharges on cargo from China to Southern and East Africa, effective June 21, 2026

The Baltic Dry Index (BDI) saw a second day of decline, dropping 1.8% to 2,670 points, driven by larger vessel segments

The Geneva Dry conference is set for its fourth edition in April 2027, featuring new sessions and retaining its core structure

Yokkaichi Port's international container volumes dropped by 6.7% in April, impacting both export and import figures.

Ocean freight rates from India to the US East Coast have hit a 20-month high, driven by tight capacity.

US importers are bracing for a potential doubling of trans-Pacific contract rates due to rising bunker costs and peak season surcharges

U.S. import prices recorded their most significant annual increase in almost four years, rising 6.7% from a year ago.

A new report highlights that supply chain volatility is now a permanent feature, with US logistics costs at $2.4 trillion.

Consumers may not see immediate relief in fuel prices even after Middle East oil supplies normalize, impacting logistics costs.

China-Russia rail freight rates have doubled to US$8,000 per FEU due to tight sea freight and container availability

Disruptions in the Strait of Hormuz are reshaping fertilizer markets, prioritizing access over cost, with global food production impacts

US DDGS prices have fallen sharply in June due to weak export demand, increased supply, and slower seasonal feed consumption

Malaysian palm oil futures climbed 1.7% to over MYR 4,500 per tonne, supported by a weaker ringgit and stronger exports

Road freight rates are projected to remain elevated, even with lower fuel costs following the Strait of Hormuz reopening

Hapag-Lloyd is raising rates and cancellation fees for North America-bound cargo from the Indian Subcontinent, Pakistan, and the Middle…

Rhenus states that the traditional shipping peak season is being replaced by multiple, overlapping demand waves, increasing volatility

Maersk is implementing a revised Peak Season Surcharge for cargo moving from Asia to Southern Africa, starting July 1, 2026.

CMA CGM will apply a new Peak Season Surcharge (PSS) on shipments from China to West Africa starting June 15, 2026

The Baltic Dry Index (BDI) has fallen to its lowest level in over six weeks, primarily due to declining capesize rates

China's move to cleaner energy is set to reduce dry bulk demand, especially for coal, affecting global shipping.

The Ningbo Containerized Freight Index (NCFI) stood at 2263.8 points for the week concluding June 12.

The Platts Milling Wheat Marker was set by CVB 12.5% FOB wheat at $240/mt for July loading, reflecting its market competitiveness

Financial markets are responding to potential Middle East peace and its implications for Gulf energy supplies and global inflation.

Cass data points to a second-half freight volume recovery, fueled by rising truckload linehaul rates in May.

The Baltic Dry Index (BDI) saw a minor decline, dropping 9 points to reach 2720 on June 15, 2026.

A proposed tax on Chinese ships docking in US ports could significantly harm American agricultural exporters.

The LNG shipping market saw subdued activity last week, with rates stable amid limited cargo visibility.

Container shipping rates from Asia to the US have climbed to their highest point since July 2025 due to Middle East disruptions.