NewsTrade growth getting stronger, but ocean freight rates stay flattish

April 26, 2024by 0

While rates on the transpacific continued to soften, and Asia-Europe trades showed marginal gains, the lift in pricing on the transatlantic, where rates grew earlier in the month, has levelled this week, according to Drewry. 
New York-Rotterdam remained flat in the week to 25 April, but slipped 3% to $2,214/feu on the return.  
Freightos FBX also recorded broadly flat rates, with North Europe to North America east coast at $1,732/feu.
Piers data …

The post Trade growth getting stronger, but ocean freight rates stay flattish appeared first on The Loadstar.

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