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PostBidShip, a digital freight platform, has added predictive freight rate forecasts covering more than 750,000 US lanes. The forecasts were built with FreightWaves data and machine learning.
The announcement concerns freight technology rather than a change in freight conditions.
This is a software product launch with no direct effect on supply, demand or prices for feed commodities.
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.