The Freightos Baltic Global Container Index (FBX) climbed 21% this month to an FBX-high of $4,077/FEU, a 162% increase annually, says an article published in Baltice Xchange.
Pandemic Still RagingWith the pandemic still raging and consumers still spending on goods instead of services that require leaving the house, demand for ocean freight continued to surge through the normal post-holiday lull and straight toward Chinese New Year in February.
The persistence of peak level demand and volumes –...
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