Peak season demand and widespread port congestion pushed rates up to start the month, though prices have been level on most lanes since any initial climb. The Freightos Baltic Global index increased 6% for the month to $10,916/FEU, 386% higher than a year ago and more than seven times the pre-pandemic norm. With transpacific demand …
The post FBX Index September: Market Summary first appeared on Hellenic Shipping News Worldwide.