# Freight Market Update: March 8, 2022 | Flexport

> 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.

- Date: 2022-03-01 · published 2022-03-01T12:00:00.000Z
- Category: logistics · region Global · magnitude low
- Page: https://feedsoft.ai/events/12929-freight-market-update-march-8-2022-flexport
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Elevated container freight and surcharges keep import costs for packaged and containerized feed ingredients high and limit buyers' flexibility on timing.

## Read by commodity

- OCEANFRT: bullish ▲

## Sources

- flexport.com: https://www.flexport.com/global-logistics-update/freight-market-update-march-08-2022/

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