Industry News

 

SUMMARY

Air Freight: The Baltic Air Freight Index (BAI00) fell 2.7% week-on-week to 2,551.00 on July 6, though it remains up 27.7% year-on-year. Corridor indices out of Frankfurt, Hong Kong, London Heathrow, and Shanghai all eased on the week while staying well above year-ago levels.

Ocean Freight: Drewry's World Container Index rose 2% to $4,639 per 40ft container on July 9, its highest level since September 2024. Transpacific and Asia-Europe lanes both climbed further amid blank sailings, tight equipment availability, and pre-tariff-deadline frontloading.

Trucking: DAT's June spot dry van rate reached $3.00 per mile, and spot rates topped contract rates for the first time since February 2022. Flatbed spot rates hit an all-time high of $3.69 per mile as carrier capacity continues to tighten.

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SUMMARY

Air Freight: Global air cargo spot rates rose 41% year-over-year in May 2026, reaching $3.40/kg, driven by strong North American and Asia-Pacific demand. Dynamic load factors on Asia–North America lanes reached 90%, signaling tight belly capacity.

Ocean Freight: The Drewry World Container Index surged 5% to $4,166/40ft on June 25 — its highest level since September 2024 — as transpacific frontloading intensifies ahead of anticipated July GRI increases to $7,000–$8,000+.

Trucking: Spot rates hit an all-time recorded high of $3.83/mile in early June driven by seasonal produce and beverage demand, with van load-to-truck ratios up 92% year-over-year. Flatbed remains the tightest segment at $3.60/mile.

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