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Yahoo Finance's Dani Romero joins the Live show to discuss the decline of ocean freight rates amid the easing of supply chain pressures.
Ocean Alliance 5 Hapag-Lloyd Germany: 2,004,030 274 7.0% [Note 5] THE Alliance (until February 2025) Gemini (from March 2025) 6 Ocean Network Express (ONE) Japan: 1,809,846 232 6.3% [Note 6] THE Alliance(until February 2025) Premier Alliance (from March 2025) 7 Evergreen Marine Corporation Taiwan: 1,648,821 212 5.7% [Note 7] Ocean Alliance 8 ...
The Freightos International Freight Index was first launched as a weekly freight index in early 2017. [7] The Freightos Baltic Index has been in wide use since 2018. [8] It is currently the only freight rate index that is issued daily, and is also the only IOSCO-compliant freight index that is currently regulated by the EU (in particular, the European Securities and Markets Authority).
The Baltic Dry Index (BDI) is a shipping freight-cost index issued daily by the London-based Baltic Exchange. The BDI is a composite of the Capesize , Panamax and Supramax timecharter averages. It is reported around the world as a proxy for dry bulk shipping stocks as well as a general shipping market bellwether.
Nearly 50,000 members of the International Longshoremen’s Association (ILA) are on strike Tuesday against the nation’s East and Gulf Coast ports, choking off the flow of many of America’s ...
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