Freight Prices
Sea Freight
The shipping 40ft container composite rose by 46% month-on-month to $3,333 per unit in June. However, it is worth noting the high volatility of the index, as in the first half of June, the index grew dynamically against the backdrop of a surge in demand for transportation from Asia to the United States. Nevertheless, in the second half of the month, carriers quickly optimized their capacities and were able to quickly balance the market, after which container freight rates began to decline again.
Shipping 40ft comp idx
Month-on-month Change
Year-on-year Change
US Freight
In May, the average of North America Truckload Linehaul Index decreased by 0.8% m-o-m and rose by 0.6% y-o-y to 141.10 Index. The index decline m-o-m but still remains high. Despite the seasonal decline in demand, market sources expect growth in imports in the coming months and demand for road freight will increase.
EU Freight
In May, the average European Road Freight Index increased by 0.2% m-o-m and rose by 1.9% y-o-y to 127.82 Index. Road freight demand is growing, continuing to drive transportation costs upward. The recovery in consumer activity is reflected in the growth of retail sales, creating transportation demand growth.
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