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Flexport's market update reports persistent Asia-North America and Asia-Europe container capacity shortages, blank sailings and congestion. Rates remain elevated, and the Russia/Ukraine conflict has pushed up bunker fuel and surcharges.
Elevated container freight and surcharges keep import costs for packaged and containerized feed ingredients high and limit buyers' flexibility on timing.
flexport.comFlexport EditorialMar 1, 2022Not 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.
