WebNov 1, 2024 · This is all thanks, of course, to unheard-of shipping rates. The Freightos Baltic Index, which measures global container prices, currently stands at an average … WebApr 12, 2024 · Along the bellwether trade lane linking Asia with North America, contract rates in recent weeks are coming in around $2,500 to $3,000 for a 40-foot container -- 25% to 50% higher than a year ago ...
Shipping market outlook - Container vs Dry bulk: Q2 …
WebNov 19, 2024 · Industrial production, a major driver of growth, is set to fall by more than 1% in the U.S. and euro area, and drop by 0.2% in China, if container freight rates rise 10% and supply chains remain ... WebNov 30, 2024 · In the latest update, IHS Markit Freight Rate Forecast models predict BDI to fall 30% on the year in 2024 to average about 1,800-2,300 points in 2024 after reaching a 13-year high average above 3,000 … e&j janitorial services
Higher Shipping Costs Are Here to Stay, Sparking Price Increases
WebApr 4, 2024 · 02 Feb 23: Container Insight Special Update: Go you own way: Maersk tells Drewry that its integrator strategy was incompatible with being part of an alliance. 25 Jan 23: Container Insight - You move, Maersk: The decoupling of the 2M alliance agreement with MSC in 2025 leaves Maersk in a tight spot. The Danish mega-carrier is too big to join an … WebAs of late 2024 and into 2024 freight rates surged across containerised and dry bulk shipping markets and hit record highs Skyrocketed amid surge in demand for container … WebJan 13, 2024 · Our Chart of the Week shows how global container rates began to pull back from their record in September and have since declined by 16 percent, mostly due to falling rates for trans-Pacific eastbound routes, the main sea link from China to the United States. e&i projects meaning