# Spot container freight rates up 173% as ships reroute around the Red Sea

> Bloomberg reported that spot container freight rates rose 173% due to ships rerouting around the Red Sea. Suez Canal traffic fell 28% over the past 10 days.

- Date: 2026-11-15 · published 2026-11-15T12:15:55.526Z
- Category: logistics · region Global · magnitude medium
- Page: https://feedsoft.ai/events/101161-spot-container-freight-rates-up-173-as-ships-reroute-around-the-red-sea
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Sharp freight increases raise the delivered cost of feed ingredients imported from Asia and Europe, and can widen regional price spreads for grains and oilseeds.

## Read by commodity

- OCEANFRT: bullish ▲

## Sources

- garaanews.com: https://garaanews.com/article/373740

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.