Facebook Pinterest Search Icon SourcingJournal_horiz Tumbler Twitter Shape photo-camera graph-trend Shape latest-news icon / user
You will be redirected back to your article in seconds

High Freight Rates the ‘New Norm’ in Global Ocean Transport

Thank you for joining Sourcing Journal & industry leaders at our SOURCING SUMMIT NY, as we discussed the most pressing issues of the day. View the Summit on demand through Jan. 2, and stay tuned for the upcoming Companion Report.

The container freight supply and demand relationship has reached a long stretch of stormy seas. The Freightos Baltic Global Container Index climbed 38 percent in December to a new high of $3,377 per 40-foot container or equivalent unit (FEU), a 143 percent increase annually, driven by still-surging global demand and the resulting container shortage that…

This content is for Annual and Limited members only. You can read up to five free articles each month with a Limited Level Subscription. Please log in, or subscribe.

Log In Subscribe

More from our brands