FBX

Disciplined capacity management by carriers keeps freight rates in line

Continued discipline over capacity management by container lines managed to keep freight rates from tumbling this week as increased levels of factory production in China began to be offset by coronavirus crisis that has gripped Europe and North America.
Last week’s double-digit gain on the transpacific headhaul route from China to the US west coast on the SCFI was reversed this week, with its Shanghai-USWC rate dipping 3.8% to $1,549 per feu.
Similarly, …

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https://theloadstar.com/disciplined-capacity-management-by-carriers-keeps-freight-rates-in-line/

Baltic Exchange And Freightos Unveil Visibility in Freight Rates Indices

  • Daily spot ocean freight rate indices for 40-foot containers are available via the Baltic Exchange and the Freightos.
  • It will add real-time, transparent price discovery and risk mitigation into the container freight market.
  • FBX is based off of live pricing data from hundreds of global logistics providers.
  • These rules are designed to ensure benchmark quality, integrity, continuity, and reliability.
  • It covers 12 key trade lanes based on real data via Freightos and its live digital freight...

http://mfame.guru/baltic-exchange-and-freightos-unveil-visibility-in-freight-rates-indices/

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