Despite the war in Ukraine and COVID lockdowns in China, the Freightos Baltic Global index was largely stable in March, decreasing 4% to $9,443/FEU, still 116% higher than a year ago and more than 6X the pre-pandemic norm. The slight aggregate decline, though, masks divergent trends on different lanes driven by the latest disruptions. The …
The post FBX Index March: Market Summary first appeared on Hellenic Shipping News Worldwide.