# Global Fruit Industry Facing Pressure From High Freight Rates | Produce Report

> UNCTAD reported on October 22 that Red Sea, Suez and Panama canal disruptions and higher operating costs have increased shipping fees. The article notes the SCFI was down 45% from its 2024 peak as of October 18 but remained 115% above pre-pandemic levels.

- Date: 2024-11-05 · published 2024-11-05T12:00:00.000Z
- Category: logistics · region Global · magnitude low
- Page: https://feedsoft.ai/events/16991-global-fruit-industry-facing-pressure-from-high-freight-rates-produce-report
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

High and volatile container freight raises costs and delivery uncertainty for perishable imports, which can disrupt supply and prices. For feed buyers, the impact is indirect through general freight costs.

## Read by commodity

- OCEANFRT: bullish ▲

## Sources

- producereport.com: https://www.producereport.com/article/global-fruit-industry-facing-pressure-high-freight-rates

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