Pacific Basin Shipping reported that dry bulk freight rates strengthened in the third quarter of 2026 on rising freight rates and steady ton-mile demand. Handysize and Supramax earnings improved year on year, though geopolitical turmoil, trade policy uncertainty and weather continued to disrupt trade flows and vessel deployment.
Firmer Handysize and Supramax rates point to higher costs for shipping grains and meals on smaller bulk vessels. Weather and trade disruptions add to freight volatility that feed buyers may face in landed costs.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.