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FBX Index November: Market Summary

The Freightos Baltic Global index, driven by easing prices on the transpacific, fell 14% month over month to $9,364/FEU, though still 284% higher than a year ago and more than 6X the pre-pandemic norm. The decrease marks the end of peak season on Asia-North America lanes. The start of peak season this summer drove a ...

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

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The Freightos Baltic Global index, driven by easing prices on the transpacific, fell 14% month over month to $9,364/FEU, though still 284% higher than a year ago and more than 6X the pre-pandemic norm. The decrease marks the end of peak season on Asia-North America lanes. The start of peak season this summer drove a ...

The post FBX Index November: Market Summary first appeared on Hellenic Shipping News Worldwide. [post_title] => FBX Index November: Market Summary [post_excerpt] => The Freightos Baltic Global index, driven by easing prices on the transpacific, fell 14% month over month to $9,364/FEU, though still 284% higher than a year ago and more than 6X the pre-pandemic norm. The decrease marks the end of peak season on Asia-... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => fbx-index-november-market-summary [to_ping] => [pinged] => [post_modified] => 2021-12-08 22:00:58 [post_modified_gmt] => 2021-12-08 22:00:58 [post_content_filtered] => [post_parent] => 0 [guid] => https://www.hellenicshippingnews.com/?p=900583 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )