Saturday, August 8, 2026
Container freight rates soar on consumer goods boom, supply chain kinks-oil and gas 360

Container freight rates soar on consumer goods boom, supply chain kinks

Reuters SINGAPORE – Global container shipping rates have surged to records on a spike in restocking demand in the United States and Europe, container scarcity at export hubs, and changes in freight flows because of the coronavirus pandemic, shipping sources said. The Freightos Baltic Global Container Index (FBX), a weighted average of 12 major global container routes, rose to $2,359