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Home Icon > About Us > News > FBX Index Now 430% Higher Than a Year Ago, Nearly Eight Times the Pre-Pandemic Norm

FBX Index Now 430% Higher Than a Year Ago, Nearly Eight Times the Pre-Pandemic Norm

More disruptions due to COVID outbreaks and a possible early summit in this year’s peak season kept ocean rates extremely high though mostly level in August, with the Freightos Baltic Global index ending the month at $10,321/FEU. That is only a 1% monthly increase, but 430% higher than a year ago and nearly eight times ...

The post FBX Index Now 430% Higher Than a Year Ago, Nearly Eight Times the Pre-Pandemic Norm first appeared on Hellenic Shipping News Worldwide.

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More disruptions due to COVID outbreaks and a possible early summit in this year’s peak season kept ocean rates extremely high though mostly level in August, with the Freightos Baltic Global index ending the month at $10,321/FEU. That is only a 1% monthly increase, but 430% higher than a year ago and nearly eight times ...

The post FBX Index Now 430% Higher Than a Year Ago, Nearly Eight Times the Pre-Pandemic Norm first appeared on Hellenic Shipping News Worldwide. [post_title] => FBX Index Now 430% Higher Than a Year Ago, Nearly Eight Times the Pre-Pandemic Norm [post_excerpt] => More disruptions due to COVID outbreaks and a possible early summit in this year’s peak season kept ocean rates extremely high though mostly level in August, with the Freightos Baltic Global index ending the month at $10,321/FEU. That is only a 1% mont... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => fbx-index-now-430-higher-than-a-year-ago-nearly-eight-times-the-pre-pandemic-norm [to_ping] => [pinged] => [post_modified] => 2021-09-02 21:00:58 [post_modified_gmt] => 2021-09-02 21:00:58 [post_content_filtered] => [post_parent] => 0 [guid] => https://www.hellenicshippingnews.com/?p=884634 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )