BTX Market Intelligence Report - August 25
SUMMARY Air Freight: The Baltic Air Freight Index (BAI00) eased 0.2% week-over-week but remains up 16.9% year-over-year, with corridor performance diverging sharply as London Heathrow outbound (BAI40) jumped 31.6% while Frankfurt outbound (BAI20) fell 10.5%. Global tonnage growth has softened into the seasonal late-summer lull even as capacity discipline keeps per-kilogram pricing roughly flat. Ocean Freight: The Drewry World Container Index climbed 4% week-over-week to $4,526 per 40ft container, led by 9% gains on both the Shanghai-Los Angeles and Shanghai-New York lanes. Asia-Europe rates moved lower amid Chinese port congestion and labor disruptions at German ports, widening the gap between transpacific and Asia-Europe trade lanes. Trucking: Truckload spot rates cooled in mid-August, with dry van down 2.6% week-over-week to $2.62/mile and flatbed down 2.3% to $3.34/mile, even as all...
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