CCFI Summary week 19

May 18, 2024
1 min read

Ocean freight rates increased via the West Coast of North America (+1.5% week-on-week), Europe (+4.0%), and Korea (+3.3%). Freight rates via the East Coast of North America (-0.9%) decreased.

Recent Posts

See All

Middle East Crisis Paralysis Grips Global Supplu Chain

The escalating conflict between the U.S./Israel and Iran has paralyzed both air and sea logistics. Major hub airport closures have slashed global air cargo capacity by 18%, while the effective blockad

CCFI Summary week 6

The trend in shipping rates shows an increase for Korea (+5.8%) compared to the previous week. Conversely, rates have decreased for Europe (-2.5%), the West Coast of North America (-4.8%), and the Eas

Air Cargo Starts 2026 Strong, but Rates Continue to Slide

Global air cargo volumes opened 2026 on a positive note, rising 5% year on year in the first full week of January, according to WorldACD. The rebound followed a sharp 26% week-on-week jump, reversing

Comments