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FBX Index: Current Market Summary

The Freightos Baltic Global Container Index (FBX) climbed 38% this month to a new FBX-high of $3,377/FEU, a 143% increase annually, driven by still-surging global demand and the resulting container shortage that kept rates spiking on Asia-Europe and Asia-Mediterranean lanes. Strong demand for transpacific ocean freight is still causing congestion and delays at US ports, ...

The post FBX Index: Current Market Summary first appeared on Hellenic Shipping News Worldwide.

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The Freightos Baltic Global Container Index (FBX) climbed 38% this month to a new FBX-high of $3,377/FEU, a 143% increase annually, driven by still-surging global demand and the resulting container shortage that kept rates spiking on Asia-Europe and Asia-Mediterranean lanes. Strong demand for transpacific ocean freight is still causing congestion and delays at US ports, ...

The post FBX Index: Current Market Summary first appeared on Hellenic Shipping News Worldwide. [post_title] => FBX Index: Current Market Summary [post_excerpt] => The Freightos Baltic Global Container Index (FBX) climbed 38% this month to a new FBX-high of $3,377/FEU, a 143% increase annually, driven by still-surging global demand and the resulting container shortage that kept rates spiking on Asia-Europe and As... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => fbx-index-current-market-summary [to_ping] => [pinged] => [post_modified] => 2021-01-07 22:00:57 [post_modified_gmt] => 2021-01-07 22:00:57 [post_content_filtered] => [post_parent] => 0 [guid] => https://www.hellenicshippingnews.com/?p=848970 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )