Hurricane Milton helps boost rejection rates
Tender volumes and rejection rates moved higher over the past week, but spot rates were unaffected on a national level.
Tender volumes and rejection rates moved higher over the past week, but spot rates were unaffected on a national level.
Recent research by MIT examines how market dynamics and relationships impact contract performance.
Spot rates and tender rejection rates saw a slight increase to start Q4, but tender volumes fell as a result of the ILA strike.
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
Tender volumes, tender rejection rates and spot rate all drop in the final full week of the third quarter.
Tender volumes have started to flatten out while tender rejection rates have picked up a little steam this week.
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
Tender volumes have continued to show strength, but the market remains oversupplied. Hurricane Francine had little impact on the market
Tender rejection rates suffered the largest weekly decline in the past 6 weeks while tender volumes are being impacted by the holiday weekend
Tender volumes closed August higher, up 3.13% year over year. A slight rise in rejection rates before Labor Day was still below July peaks.
Tender volumes increased over the past week, while tender rejection rates remained unchanged. The next week will be important for the direction of the freight market in the fourth quarter.
Tender volumes started to gain a little positive momentum over the past week while tender rejection rates inched slightly lower…
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
The freight market is fairly stable to start August as spot rates and tender rejection rates experienced little change week over week…
Spot rates moved slightly higher in the final week of July, while rejection rates and volume levels continued to retreat from recent highs.
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
Spot rates have retreated off their recent high, but remain elevated compared to the rest of the year while demand and rejection rates are following seasonal trends.
The freight market is appearing to stabilize at higher levels after the Fourth of July, setting up for a better second half of 2024.
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
The freight market was more reactive to the Fourth of July holiday than the year prior, but capacity has been quick to return to the road.