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FBX Index Fell 12% During February, Lowest Since August 2020

The Freightos Baltic Global index fell 12% to $1,946/FEU in February to a level last seen in August 2020, as rates decreased across most major tradelanes. This rate is 80% lower than a year ago, but still 31% higher than in 2019. After a stable January, Transpacific rates fell significantly to both coasts in February ...

WP_Post Object ( [ID] => 286735 [post_author] => 98 [post_date] => 2023-03-09 22:00:57 [post_date_gmt] => 2023-03-09 22:00:57 [post_content] => The Freightos Baltic Global index fell 12% to $1,946/FEU in February to a level last seen in August 2020, as rates decreased across most major tradelanes. This rate is 80% lower than a year ago, but still 31% higher than in 2019. After a stable January, Transpacific rates fell significantly to both coasts in February ... [post_title] => FBX Index Fell 12% During February, Lowest Since August 2020 [post_excerpt] => The Freightos Baltic Global index fell 12% to $1,946/FEU in February to a level last seen in August 2020, as rates decreased across most major tradelanes. This rate is 80% lower than a year ago, but still 31% higher than in 2019. After a stable January... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => fbx-index-fell-12-during-february-lowest-since-august-2020 [to_ping] => [pinged] => [post_modified] => 2023-03-09 22:00:57 [post_modified_gmt] => 2023-03-09 22:00:57 [post_content_filtered] => [post_parent] => 0 [guid] => https://www.hellenicshippingnews.com/?p=973004 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )