FBX August Index Fell by 8% to $5,682/FEU

The Freightos Baltic Global index fell 8% to $5,682/FEU in August as demand continues to slow. As prices this time last year were nearly at their September peak, the current rate is 45% lower than its level a year ago, although still nearly quadruple the pre-pandemic norm. Asia – US West Coast prices fell 18% …

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