The Freightos Baltic Global Container Index (FBX) climbed 9% this month to a rate of $2,442/FEU, a 89% increase annually, driven by an extended peak season and a container shortage that is driving rates up on Asia-Europe and Asia-Mediterranean lanes. Demand is still surging on China-US lanes, but rates nonetheless stayed level – likely due …
The post Container Index on the Rise first appeared on Hellenic Shipping News Worldwide.