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Global Freight Rates Show Mixed Trends Amid Capacity Adjustments

Global Freight Rates Show Mixed Trends Amid Capacity Adjustments
blog image
Maritime

Global Freight Rates Show Mixed Trends Amid Capacity Adjustments

The Freightos Baltic Global index rose 6% in November to $1,156/FEU, reflecting successful capacity tightening efforts by carriers. Transpacific rates to the West Coast increased moderately to $1,613/FEU, marking a 20% rise from 2019. East Coast rates reached $2,362/FEU, up 7% from October but still 8


09 Dec 23
blog image
Maritime

Global Freight Rates Show Mixed Trends Amid Capacity Adjustments

The Freightos Baltic Global index rose 6% in November to $1,156/FEU, reflecting successful capacity tightening efforts by carriers. Transpacific rates to the West Coast increased moderately to $1,613/FEU, marking a 20% rise from 2019. East Coast rates reached $2,362/FEU, up 7% from October but still 8


09 Dec 23
blog image
Maritime

Global Freight Rates Show Mixed Trends Amid Capacity Adjustments

The Freightos Baltic Global index rose 6% in November to $1,156/FEU, reflecting successful capacity tightening efforts by carriers. Transpacific rates to the West Coast increased moderately to $1,613/FEU, marking a 20% rise from 2019. East Coast rates reached $2,362/FEU, up 7% from October but still 8


09 Dec 23